The global hot-melt adhesives market is anticipated to rise at a compound annual growth rate (CAGR) of 8.7% during the period of 2018 to 2026, according to a report from Transparency Market Research. Rising at this CAGR, the global hot-melt adhesives market is expected to touch a valuation of $8.642 million by 2026.
The competitive landscape of the global hot-melt adhesives market is largely consolidated in nature because key players hold around 70% of the market share. The rest is fragmented with the presence of a few small players, according to the report. Top players in the global hot-melt adhesives market are reportedly adopting strategic approach such as acquisitions and mergers to get a leg up in the market.
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Top 5 News that Sticks for March 17-23
1. Packaging Demand Leading Hot-Melt Adhesives Market Growth (#1 last week)
2. World Adhesive and Sealant Conference Seeks Papers
3. Azelis Acquires Canadian Distributor Chemroy
4. 3M Announces New Business Segments and Leadership Appointments
5. H.B. Fuller Establishes Engineering Adhesives Business in Japan (#1 last week)