Market Size of United Kingdom Hot-melt Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | < 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UK Hot-Melt Adhesives Market Analysis
The market for hot-melt adhesives in the United Kingdom is expected to register a CAGR of about 5% during the forecast period. The increasing usage of it as a substitute for solvent-borne adhesives is driving the demand of the market studied. However, the slowdown in the automotive industry is expected to restrain the growth of the market during the forecast period.
- The adoption of bio-based hot-melt adhesives is expected to augment the growth of the market during the forecast period.
- The paper board and packaging sector accounts for the major share of demand from the end-user industries. This sector is expected to continue its dominance during the forecast period.
