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Polyamide Hma market size is estimated to reach US$2.5 billion by 2027 – IndustryARC

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Polyamide Hma market size is estimated to reach US$2.5 billion by 2027 – IndustryARC

September 20
02:27 2022
Polyamide Hma market size is estimated to reach US$2.5 billion by 2027 - IndustryARC
Market Research Reports, Business Consulting Services & Analytics
Polyamide Hma market size is estimated to reach US$2.5 billion by 2027 after growing at a CAGR of 7.2% from 2022 to 2027.

Polyamide Hma market size is estimated to reach US$2.5 billion by 2027 after growing at a CAGR of 7.2% from 2022 to 2027. The adhesives provide good adhesion to substrates like metal, paper, rubber, plastic, wood, ceramics, fabric and leather. Hence, due to high adhesive properties, polyamide Hma is used in various sectors like automotive, paper, textile, wood and electronics. Factors like growing automotive production, increase in production of packaging grade and high demand for textile items are driving the growth of polyamide Hma market. However, availability of substitutes like polyurethane hot melt adhesives and ethyl vinyl acetate can limit the usage of polyamide Hma in bonding applications. This can hamper the growth of global polyamide Hma industry.

 

Competitive Landscape:

The top 5 players in the Polyamide Hma industry are –

1. Intercol

2. Buhnen Adhesives System

3. Bostik Inc.

4. Avery Dennison

5. 3M Company

 

Interested in knowing more relevant information? Click here:

 https://www.industryarc.com/pdfdownload.php?id=511776

 

Segmental Analysis:

1. Solid form held a significant share in polyamide Hma market in 2021 with a share of over 62%. Polyamide Hma in solid form is applied at room temperature and offer good characteristic properties like excellent plasticizer resistance, low viscosity, and excellent adhesive performance at high temperature

2. Asia-Pacific held the largest share in polyamide Hma market in 2021 with a share of over 36%. Major countries like China and India have rapid development in sectors like automotive, textiles and wood, which are major end users of polyamide Hma. Hence, the rapid development in these sectors has increased their output.

3. Automotive sector held a significant share in polyamide Hma market in 2021 with a share of over 24%. Polyamide Hma is majorly used in automotive industry as the bonds can pass temperature tests required in the industry and they resist oil and grease.

 

Report Coverage

Report Attributes

Details

By Form

Liquid, and Solid (Powder, Sticks, Films, and Others)

 

By Application

Wood Binding, Oil Filter Assembly, Textile Lamination, Automotive Assembly, Paperboard Binding, General Product Assembly

 

By End User

Paper Industry, Automotive (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), Wood Industry, Electrical and Electronics, Packaging, Textile, Footwear

 

By Geography

North America, Europe, Asia-Pacific, South America and Rest of World

 

Get more detailed information about these segments in the report. Buy it here:

 https://www.industryarc.com/reports/request-quote?id=511776

 

Market Drivers and Challenges:

1. Increase in Automotive Production : Polyamide Hma is used in automotive sector due to its strong bonding feature and the adhesive is applied to carpet & headliner bonding, waterproof membrane lamination of doors and for seating. 

2. Increase in production of Packaging Paper : Polyamide Hma is majorly used in packaging industry as it provides an excellent adhesion on paper substrate. The polyamide Hma has major use for closing the flaps of corrugated boxes and paperboard cartons. 

3. Availability of Substitutes : Polyamide Hma that is synthesized from dimer acid, ethylene diamine and piperazine has low chemical resistance and its processing temperature is 160°C to 200°C at which glue starts to degrade.

 

Why IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. Get detailed report on preferred market as per your specific requirements and our research experts would customize the report for you.

Email: venkat@industryarc.com

USA: (+1) 614-588-8538,  (+1) 815-656-4596

 

Similar Reports:

A. Industrial Adhesives Market 

https://www.industryarc.com/Report/16490/industrial-adhesives-market.html

B. Polyamide-6 Market

https://www.industryarc.com/Report/16096/polyamide-6-market.html

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Website: https://www.industryarc.com/Research/Global-Polyamide-Hma-Market-Research-511776

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