Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market: Snapshot

Amorphous polyalphaolefin (APAO) has a beneficial combination of chemical and physical properties that market them very useful in the formulating of hot melt adhesives. Resistance to moisture, anti-corrosion properties, chemical inertness, and anti-UV properties are some of the characteristics of amorphous polyalphaolefin that make them popular in their use in hot melt adhesives. Obtained as a by-product of synthesis of isotactic polypropylene (iPP) initially, APAO production is now also possible through the polymerization of propylene and ethylene, thanks to the invention of Ziegler-Natta (Z-N) catalyst, which is used in the polymerization process. In 2018, the global amorphous polyalphaolefin (APAO) for hot melt market stood at US$ 244.3 Mn progressing at a CAGR of 6.23% between 2019 and 2027, the market’s opportunity is likely to touch US$ 420.9 Mn by the end of 2027.

global fa amorphous polyalphaolefin market

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Flourishing Packaging Industry to Drive Growth Prospects of Amorphous Polyalphaolefin (APAO) for Hot Melt Market ?

The global demand for APAO is fueled by the stupendous growth observed in the packaging industry, which is one of its key application areas. The high growth of the personal hygiene products market will also push the growth of this market. There has been an increasing demand for light weight vehicles and the growing pollution has led to stringent policies which in turn has created a demand for low-emission automobiles. This in turn is slated to drive the demand for APAO. As APAO can bond with most substrates such as complex plastics, delicate papers, corrugated containers, foams, wood, metal, and particle board, their application is slated to expand in the years to come and this will create growth opportunities in the market.

Volatility in Feedstock Cost May Affect Amorphous Polyalphaolefin (APAO) for Hot Melt Market ?

Some of the factors hampering the growth of this market include fluctuation in the pricing of feedstock, which in turn is affecting raw material supply. The cohesive failure of amorphous polyalphaolefin-based hot melt in structures that have high load-bearing will limit the use of AMAO in the construction and building sector. This will hamper the growth of the market. In the years to come, the blending of APAO with resins, wax, and tackifiers will improve the hot melt properties as well as the process abilities of amorphous polyalphaolefin-based hot melt adhesives. This in turn will create promising growth opportunities for the market.

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Asia Pacific to Emerge Lucrative Regional Segment in Amorphous Polyalphaolefin Market

North America has been leading in the amorphous polyalphaolefin-based hot melt market by volume on account of the shale gas revolution in the U.S. leading to ample supply of raw materials (olefins), required for the manufacturing of amorphous polyalphaolefin. The easy procurement of raw materials and low cost together is driving the growth of the amorphous polyalphaolefin marker for hot melt in the North American region.

However, Asia Pacific will emerge as the new epicenter for the production of consumer and industrial goods, which will create a heightened demand for APAO. Asia Pacific will thus witness the highest growth rate for APAO for hot melt in the forecast period. The market in Latin America too will witness a healthy growth during the forecast period. However, the Middle East and Africa will witness a sluggish growth in the APAO market.

Key Players in the Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market

Some of the major players operating the global amorphous polyalphaolefin (APAO) for hot melt market are

  • Eastman Chemical Company
  • Huntsman Corporation
  • H.B. Fuller Company
  • Henkel AG & Company KGaA (Henkel)
  • Bostik S.A.
  • Evonik Industries AG
  • REXtac LLC
  • Evans Adhesive Corporation, Ltd.
  • Liaoyang Liaohua Qida Chemicals Co. Ltd.

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Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market: Recent Developments

  • In November 2018, REXtac, LLC announced that the company has commissioned its new its new Amorphous Poly Alpha Olefin (APAO) pilot plant located within its Odessa petrochemical production facility. The pilot plant comprises of a 200 gallon reactor capable of continuous production of developmental APAOs at a rate of 100 pounds/hour. The plant also employs an extensive range of monomers and catalyst systems for the production of APAO. The plant is also capable to enable continued development of REXtac’s 100% olefin-based tackifier-free systems for the replacement of traditional hydrogenated C5, hydrogenated C5-C9, and DCPD-based tackifiers in hot melt polyolefinic adhesives.

Amorphous Polyalphaolefin (APAO) for Hot Melt Market – Scope of the Report

Transparency Market Research’s recent report on the global amorphous polyalphaolefin (APAO) for hot melt market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the global amorphous polyalphaolefin (APAO) for hot melt market analyzes the market scenario for the period from 2018 to 2027, wherein 2018 is the base year. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This TMR study on the global amorphous polyalphaolefin (APAO) for hot melt market also provides data on developments made by important players and stakeholders operating in the market, along with competition analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with market trends and restraints in the competition landscape section.

This study also discusses the underlying trends and the impact of various factors on the global amorphous polyalphaolefin (APAO) for hot melt market along with their influence on evolution of the market

This study also offers Porter’s five forces analysis, value chain analysis, and regulatory scenario of the global amorphous polyalphaolefin (APAO) for hot melt market, in order to elaborate crucial growth strategies of and opportunities for players operating in the market

Key Questions Answered in Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market Report

  • How much value does the global amorphous polyalphaolefin (APAO) for hot melt market is expected to reach by the end of the forecast period?
  • Which segment currently account for the maximum share of the global amorphous polyalphaolefin (APAO) for hot melt market?
  • What are the key factors expected to drive the global amorphous polyalphaolefin (APAO) for hot melt market?
  • Which region is likely to be a lucrative market for amorphous polyalphaolefin (APAO) for hot melt during the forecast period?
  • What are the essential strategies adopted by key players operating in the global amorphous polyalphaolefin (APAO) for hot melt market to expand their geographical presence?
  • What are major advancements in the global amorphous polyalphaolefin (APAO) for hot melt market?

This report answers these questions about the global amorphous polyalphaolefin (APAO) for hot melt market, aiding major stakeholders and key players in making the right decisions and strategizing for growth of their business.

Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market: Research Methodology

This TMR report on the global amorphous polyalphaolefin (APAO) for hot melt market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competition scenario of the global amorphous polyalphaolefin (APAO) for hot melt market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and the current trends, researchers of the global amorphous polyalphaolefin (APAO) for hot melt market arrived at predictions and estimations, and calculated the market forecast.

This report uses an analytical triangulation method to estimate the numbers of the global amorphous polyalphaolefin (APAO) for hot melt market, by using both bottom-up and top-down approaches

This detailed assessment of the global amorphous polyalphaolefin (APAO) for hot melt market, along with an overview of the market, is provided based on a careful examination of avenues related to the market. Analysts’ conclusions on how the global amorphous polyalphaolefin (APAO) for hot melt market is set to expand are based on carefully vetted primary and secondary sources.

Global Amorphous Polyalphaolefin (APAO) for Hot Melt Market: Segmentation

This report on the global amorphous polyalphaolefin (APAO) for hot melt market provides segmentation of the market based on product, application, and region

Product

  • Homopolymers
  • Copolymers

Application

  • Paper & Packaging
  • Personal Hygiene
  • Bookbinding
  • Woodworking
  • Product Assembly
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

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Amorphous Polyalphaolefin Market

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