Global HotMelt Adhesive Market Market Size
Hot-Melt Adhesive Market Size was valued at USD 10.3 Billion in 2024 and is projected to grow at a CAGR of 5.2% to reach USD 16.3 Billion by 2034.
Thermoplastic adhesives are one kind of hot melt adhesive (HMA), sometimes called hot glue. They are mostly offered for sale as solid, multi-diameter cylindrical sticks meant to be applied with a hot glue gun. Solvents and water are absent from hot melt adhesives. Another method is to apply hot melt adhesives via spraying or dipping. While solvent-based adhesives can lose up to 50–70% of their thickness when drying, Holt melt adhesives can maintain their thickness during solidification.