Industrial Hot-melt Dispensing Equipment Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Industrial hot-melt dispensing equipment are tools used to turn thermoplastics from their solid state to a liquid state called hot-melt. Therefore hot-melt is a type of thermoplastic adhesive or glue that changes its state of matter from solid to liquid when passed through high temperatures. When applied to surfaces, hot-melt creates cohesion as it cools down. Different products usually require different forms of application so its important to choose the right method of applying the hot-melt.
There are two main types of industrial hot-melt dispensing equipment; bench-mounted hot-melt equipment and hand-held glue guns. Bench-mounted hot-melt equipment are used for bulk dispensing hence normally found in large scale productions while hand-held glue guns are used for smaller projects. They are the most common because they are portable. Both types of equipment are affordable and easy to use. They help companies save on time and reduce costs.
Industrial hot-melt dispensing equipment are used in various industries like in manufacturing of electronics where they are used for binding and sealing of smartphones and electronic gadgets. In publishing companies they are used in binding of books and magazines. In construction they help in installing of floors while in packaging they ensure products are well secured.
Industrial Hot-melt Dispensing Equipment Market Growth and Trends
Industrial hot-melt dispensing equipment being affordable and easily portable equipment used for melting tubular-shaped thermoplastics into hot melt adhesive is a key factor in generating their demand. Industrial hot-melt dispensing equipment also adds to flexibility in process of manufacturing with relatively high speed, resulting in time and cost saving in the processing line. Increasing demand for high quality finished goods is predicted to accentuate the growth of the industrial hot-melt dispensing equipment market. Growth of the food and beverages industry in developed and developing economies foresees subsequent growth of the industrial hot-melt dispensing equipment market, with a surge in demand for packaged food products on a global scale. Developments in pharmaceutical packaging, amalgamated with numerous international regulations is another factor propelling the growth of the industrial hot melt dispensing equipment market. The increase in electronic packaging has also led to the adoption of electric hot melt equipment in industries, thus fuelling the growth of the industrial hot melt dispensing equipment market in forthcoming years. The industrial hot-melt dispensing equipment market in Asia Pacific is expected to occupy the largest share owing to a rapidly growing food and beverages and packaging industry. Europe is also anticipated to hold significant share of the global industrial hot-melt dispensing equipment market as its countries are industrial hot-melt dispensing equipment in the paint and coating industry. This in turn will certainly accelerate the growth of the market. In North America the industrial hot-melt dispensing equipment market is expected to grow at a rapid pace in the coming years because of an expansion of the e-commerce industry and rising usage of technical facilities in the packaging industry, thus enhancing the growth of the industrial hot-melt dispensing equipment market in this region as well.
A possible challenge could be any unforeseen disruption in the logistics of their transportation.
Industrial Hot-melt Dispensing Equipment Market Regional Analysis
The hot melt dispensing equipment come in two types i.e. glue guns and bench top hot melt equipment. Hot melts adhesives are highly durable, easily disposable, and are safe to use. That is why they are preferred by many users over the solvent-based adhesives. Hot melt dispensing equipment in textile industrial use is becoming common mostly in China, India, Sweden, Spain, Germany, and the United Kingdom. The market is promising Latin America, most notably in Colombia, Mexico, Argentina, Chile and Brazil thanks to the region’s ever growing manufacturing sector. It could also gain roots in Africa by 2027as the continent grows in terms of food & beverages and pharmaceutical packaging.
Industrial Hot-melt Dispensing Equipment Market Share and Competition
Key companies operating in this industry are: 3M, Astro Packaging, Dymax Corporation, Fabron Inc., Glue Machinery Corporation, Graco Inc., Henkel AG & Co. KGaA, ITW Dynatec, Nordson Corporation, Power Adhesives, Robatech India Pvt Ltd., and Valco Melton.
Industrial Hot-melt Dispensing Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Glue Guns
• Bench top Hot-melt Equipment
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Electronics
• Paint & Coating
• Packaging
• Food & Beverages
• Pharmaceutical
• Automotive
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Industrial Hot-melt Dispensing Equipment Market Companies
• 3M
• Astro Packaging
• Dymax Corporation
• Fabron Inc.
• Glue Machinery Corporation
• Graco Inc.
• Henkel AG & Co. KGaA
• ITW Dynatec
• Nordson Corporation
• Power Adhesives
• Robatech India Pvt Ltd.
• Valco Melton
Available Versions: -
United States Industrial Hot-melt Dispensing Equipment Market Research Report
Europe Industrial Hot-melt Dispensing Equipment Market Research Report
Asia Pacific Industrial Hot-melt Dispensing Equipment Market Research Report
India Industrial Hot-melt Dispensing Equipment Market Research Report
