About Hot Melt Glue Guns
Hot melt glue guns is equipment designed for adhesive activities. The Hot Melt Glue Guns market has high growth prospects at wood, plastic, labor, ceramic and stone application. Additionally, increasing consumer focus on sealing and joining activities that have enhanced the product demand from the various industries. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for the purposes of the adhesive purposes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.8% |
Global Hot Melt Glue Guns market is a fragmented market due to the presence of various players. The players are focusing on investing more in R&D. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SureBonder (United States), PAM Fastening Technology (United States), Adhesive Technologies (India), MELTOX (United States), Arrow Fastener (United States), Stanley Bostitch (United States) and Metronic International (Malaysia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hot Melt Glue Guns market by Type (Strip Guns, Fiber Guns and Slot Guns), Application (Electronics, Food Industry, Packing Industry and Other) and Region.
On the basis of geography, the market of Hot Melt Glue Guns has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Demand from Asia-Pacific Region
Market Growth Drivers:
Increasing Demand from Pressure Sensitive Industries and Rising Demand from Construction Industries
Challenges:
Stiff Competition among Major Players and Lack of Awareness among Customers
Restraints:
Lack of Research and Development in the Field of Hot Melt Glue Guns and Stringent Government Rules and Regulations
Opportunities:
Technological Advancements Such as Styrenic Block Copolymer Adhesives and Upsurge Demand from High-Speed Manufacturing Companies
Market Leaders and their expansionary development strategies
In February 2020, DPA Buying Group, a procurement group of independent distributors and suppliers in the jan/san, safety equipment & clothing, industrial, packaging and restoration Dpaindustries recently announced the addition of three suppliers: Arrow Fastener Co., National Safety Apparel, and Adenna.
In April 2020, Researchers at the Technion – Israel Institute of Technology have developed a hot-glue gun to adhere to human tissues that have been seriously injured.
Key Target Audience
Hot Melt Glue Guns Manufacturers, Hot Melt Glue Guns Suppliers, Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.