The Global Hot Melt Adhesives Market was valued at USD 8.68 Bn. in the year 2023 and is expected to reach USD 11.42 Bn. by 2030 with a growing CAGR of 3.9% over the forecast period of 2024-2030.
Hot melt adhesives (HMAs) are a type of thermoplastic adhesive that is applied in a molten state and solidifies upon cooling to form a strong bond between materials. Unlike other adhesives that rely on chemical reactions to cure, HMAs solidify simply by cooling, which makes the bonding process quick and efficient.