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Advantages of Hot Melt Adhesives (HMAs) Drive the Industry's Growth

For further information on this analysis, please click here. For further information on this analysis, pleaseclick here. "The rise of sustainability as aMega Trendposes a challenge for HMA product development," said Ganesh Dabholkar, Chemicals, Materials & Nutrition Research Analyst at Frost & Sullivan. "However, HMA manufacturers' commitment to developing bio-based chemistries in the next two to three years will reduce the carbon footprint and promote sustainability...
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"The rise of sustainability as a Mega Trend poses a challenge for HMA product development," said Ganesh Dabholkar . "However, HMA manufacturers' commitment to developing bio-based chemistries in the next two to three years will reduce the carbon footprint and promote sustainability without compromising the efficiency of the production process."

Dabholkar added: "HMAs market participants move to address a range of customer demands, such as bio-based formulations and heat-resistant products, and encourage them to expand their product portfolios or enter new markets. It will help them establish long-term pricing contracts and exclusive partnerships with local and regional distributors, ensuring import security, supply chain efficiency, and local inventory management for raw materials."

To tap into the growth prospects of the lucrative HMAs sector, market players should:

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Nicole Ryder

Corporate Communications

E: Nicole.Ryder@frost.com

https://www.frost.com/

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