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    Hot Melt Amorphous Polyalphaolefin (APAO) Market Report

    Hot Melt Amorphous Polyalphaolefin (APAO) Market  Report
    Report code - SR1211 Delivery - 2 Weeks
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    Hot Melt Amorphous Polyalphaolefin (APAO) Market Size, Share, Trend, Forecast, & Indus See more...

    Market Insights

    Hot Melt Amorphous Polyalphaolefin (APAO) Market is likely to witness a CAGR of 7.6% during the forecast period. The hot melt APAO market is expected to be driven by substantial growth in the global packaging industry in the next five years. As dual-income families' purchasing power grows and their attention changes to packaged products delivered at their doorsteps, the food and beverage, pharmaceutical, and e-commerce industries are all witnessing an increased demand for packaging materials. Furthermore, the market is likely to benefit from rising popularity and demand for lightweight and low-emission vehicles. Automobile manufacturers' weight-reduction and emission-reduction strategies rely heavily on structural adhesives. These adhesives are used to bond various materials used in automobile assembly, allowing the vehicle's rigidity and stiffness to be increased without adding significantly to its mass. A lighter vehicle requires less fuel to operate, resulting in lower emissions. As a result of increasing personal automobile demand and growing awareness about fuel economy, the overall hot melt APAO market is expected to register significant gains over the forecast period.

    Hot Melt Amorphous Polyalphaolefin (APAO) Market – Snapshot

    Growth

    7.6%

    Major Product Type

    Copolymers

    Dominant Application Type

    Paper & Packaging

    Region with the highest demand

    Asia-Pacific

    Key Players

    Arkema S.A, Eastman Chemical Company., Evans Adhesive Corporation, Ltd, Evonik Industries AG, Guangdong Orient Resin Co., Ltd, H.B. Fuller, Henkel AG & Company KGaA, Huntsman Corporation, Liaoyang Liaohua Qida Chemicals Company, REXtac.

    Segments' Analysis

    Hot-Melt-APAO-Market-Dominant-Segments

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    Hot Melt Amorphous Polyalphaolefin (APAO) Market Share: By Product Type

    Based on the product type, the market is segmented as homopolymers and copolymers. Copolymers accounted for a major share of the market in 2020, and the segment is expected to maintain its incontestable lead during the forecast period as well. The growth of copolymers is supported by their properties such as better impact strength, durability, and toughness. Despite being softer than homopolymers, they possess better resistance to stress cracks and toughness in low temperatures, thus driving the growth of the segment.

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Share: By Application Type

    Based on the application type, the market is segmented as paper & packaging, personal hygiene, bookbinding, woodworking, product assembly, and others. The paper & packaging application segment is expected to register the highest growth during the forecast period, supported by the wide-ranging use of the product in the industry. On the other hand, the personal hygiene application segment is also expected to grow at a fast pace on account of growing awareness and demand for personal hygiene products including diapers, feminine hygiene products, etc. in the underdeveloped and developing countries.

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Share: By Region

    In terms of regions, Asia-Pacific is expected to clock colossal gains in the hot melt APAO market, during the forecast period, supported by its improving economic condition, which has fueled the demand for packaged products. Furthermore, surge in demand for personal hygiene products is also likely to positively influence the growth of the hot melt APAO market in the Asia-Pacific region. Shifting of manufacturing bases to developing countries such as China and India will go a long way in paving the path of growth for the region’s hot melt amorphous polyalphaolefin (APAO) market over the next five years.

    Hot-Melt-APAO-Market-By-Region

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    Market Scope & Segmentation

    Amorphous polyalphaolefin (APAO) is produced through polymerization reaction with use of catalyst based on Z-N and alkyl aluminum. This results in the formation of amorphous polyalphaolefin with low crystallinity. It possesses a perfect combination of physical and chemical properties, making it ideal for formulation of hot melt adhesives.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The hot melt amorphous polyalphaolefin (APAO) market is segmented into the following categories.

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Size, Share, & Forecast, by Product Type:

    • Homopolymers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Copolymers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Size, Share, & Forecast, by Application Type:

    • Paper & Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Personal Hygiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bookbinding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Woodworking (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Product Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hot Melt Amorphous Polyalphaolefin (APAO) Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Hot-Melt-APAO-Market-Segmentation

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    Key Players

    Some of the key players in the hot melt amorphous polyalphaolefin (APAO) market are-

    • Arkema S.A
    • Eastman Chemical Company.
    • Evans Adhesive Corporation, Ltd
    • Evonik Industries AG
    • Guangdong Orient Resin Co., Ltd
    • H.B. Fuller
    • Henkel AG & Company KGaA
    • Huntsman Corporation
    • Liaoyang Liaohua Qida Chemicals Company
    • REXtac.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The hot melt amorphous polyalphaolefin market is expected to witness an impressive growth of 7.6% CAGR in the foreseeable future.

    Arkema S.A, Eastman Chemical Company., Evans Adhesive Corporation, Ltd, Evonik Industries AG, Guangdong Orient Resin Co., Ltd, H.B. Fuller, Henkel AG & Company KGaA, Huntsman Corporation, Liaoyang Liaohua Qida Chemicals Company, REXtac are among the key players in the hot melt amorphous polyalphaolefin market.

    Copolymers segment is expected to maintain its lead in the hot melt amorphous polyalphaolefin market in the coming years.

    The paper & packaging application segment is expected to register the highest growth in the hot melt amorphous polyalphaolefin market during the next five years.

    Asia-pacific is expected to clock colossal gains in the hot melt amorphous polyalphaolefin market during the forecast period.

    Substantial growth in the global packaging industry is the factor driving the growth of hot melt amorphous polyalphaolefin market.

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