UK Hot-Melt Adhesives Market Size
| 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 |
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.
UK Hot-Melt Adhesives Market Trends
This section covers the major market trends shaping the UK Hot-Melt Adhesives Market according to our research experts:
Packaging sector to Dominate the market
- Most of the industrial products are sold in packaging, either due to the requirements for storage and transport or for aesthetic reasons. Hot-melt adhesives are the mainstream adhesives in the paper, board, and packaging industry. It is most widely used for carton closing, sealing, etc.
- The paper board and packaging industry is one of the largest end-user industries accounting for about 11% of the UK hot-melt adhesives market, in terms of volume. Some of the major applications of hot-melt adhesives include bags, cigarettes and filters, cartons’ side seams and closures, composite containers and tubes, disposables, envelopes, flexible packaging, remoisten able products, labels/signs/decals, specialty packaging, corrugated boards, etc.
- Moreover, design improvements and innovation, as well as the shifting focus toward the usage of recyclable materials for packaging, are the factors that are expected to offer numerous opportunities for the growth of the market. Thus, this factor opens up the possibility of launching new products in the market. The United Kingdom packaging manufacturing industry records annual sales of GBP 11 billion. According to the government's figures, the country accounts for the usage of about two million ton of plastic packaging (the leading product segment), annually.
- The food packaging industry is improving, with the measures for environmental protection and high-speed and fully-automated equipment. The PUR hot-melt sealing process is expected to gradually replace conventional bundled packaging and tape packaging, owing to its excellent binding force, good quality, and appearance.
- According to a recent study, the British consumers spend almost GBP 1,500 per year on beverages. Thus, the popularity of premium spirits had been attracting the spirit companies to introduce new premium flavored drinks in the last couple of years.
- Additionally, the increasing popularity of premium mixers, as customers look for sophisticated options, is also driving the demand for hot-melt adhesives for the packaging of alcoholic beverages.
Souring Demand from Styrenic-butadiene Copolymers
- Styrenic-butadiene copolymers (SBCs) are synthetic elastomers that are made by polymerizing styrene and butadiene or styrene and isoprene. These copolymers are also known as styrene copolymer adhesives.
- Among all the types of SBCs and tri-block copolymers, which are based on SBS and SIS, they find importance in adhesive applications. The discontinuous polystyrene phase is responsible for the polymer cohesion, tensile strength, and thermal stability of SBC.
- The continuous polybutadiene or polyisoprene phase leads to better impact strength, elastomeric properties, tack, and adhesive power. The versatility of these copolymers allows additives to be blended when the special balance of performance is required.
- These hot-melts are also used in automotive and electronics assembly operations over laminating films, vehicle graphics, traffic/safety graphics, interior panels, and low-surface energy applications.
UK Hot-Melt Adhesives Industry Overview
The UK hot-melt adhesives market is fragmented, with the top four players accounting for about 42% of the total market.
UK Hot-Melt Adhesives Market Leaders
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Beardow Adams
-
Arkema
*Disclaimer: Major Players sorted in no particular order
UK Hot-Melt Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Increasing Usage as a Substitute for Solvent-borne Adhesives
- 4.1.2 High Demand for Packaged Food
- 4.1.3 Positive Trends in the Construction Industry
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4.2 Restraints
- 4.2.1 Slowdown of the Automotive Industry
- 4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
-
5.1 Resin Type
- 5.1.1 Thermoplastic Polyurethane
- 5.1.2 Ethylene Vinyl Acetate
- 5.1.3 Styrene-butadiene Copolymers
- 5.1.4 Other Resin Types
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5.2 End-user Industry
- 5.2.1 Building and Construction
- 5.2.2 Paper Board and Packaging
- 5.2.3 Woodworking and Joinery
- 5.2.4 Transportation
- 5.2.5 Footwear and Leather
- 5.2.6 Healthcare
- 5.2.7 Electrical and Electronic Appliances
- 5.2.8 Other End-user Industries
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
- 6.4.1 3M Company
- 6.4.2 Adco (UK) Ltd
- 6.4.3 Alphabond Adhesives
- 6.4.4 Arkema Group
- 6.4.5 Avery Dennison Corporation
- 6.4.6 Beardow & Adams (Adhesives) Ltd
- 6.4.7 Delo Industrial Adhesives
- 6.4.8 Dow Chemical Company
- 6.4.9 Drytac Corporation
- 6.4.10 EOC Group
- 6.4.11 HB Fuller Co.
- 6.4.12 Henkel AG & Company KGaA
- 6.4.13 Hexcel Corporation
- 6.4.14 Huntsman Corporation
- 6.4.15 Jowat UK Limited
- 6.4.16 KLEBCHEMIE M. G. Becker GmbH & Co. KG
- 6.4.17 Sika AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Adoption of Bio-based Hot-melt Adhesives
- 7.2 Burgeoning Demand for PUR Hot-melt Adhesives
- 7.3 Gaining Significance of Hot-melt Pressure-sensitive Adhesives
UK Hot-Melt Adhesives Industry Segmentation
The United Kingdom hot-melt adhesives market report includes:
| Resin Type | Thermoplastic Polyurethane |
| Ethylene Vinyl Acetate | |
| Styrene-butadiene Copolymers | |
| Other Resin Types | |
| End-user Industry | Building and Construction |
| Paper Board and Packaging | |
| Woodworking and Joinery | |
| Transportation | |
| Footwear and Leather | |
| Healthcare | |
| Electrical and Electronic Appliances | |
| Other End-user Industries |
UK Hot-Melt Adhesives Market Research FAQs
What is the current United Kingdom Hot-melt Adhesives Market size?
The United Kingdom Hot-melt Adhesives Market is projected to register a CAGR of less than 5% during the forecast period (2024-2029)
Who are the key players in United Kingdom Hot-melt Adhesives Market?
Beardow Adams and Arkema are the major companies operating in the United Kingdom Hot-melt Adhesives Market.
What years does this United Kingdom Hot-melt Adhesives Market cover?
The report covers the United Kingdom Hot-melt Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Hot-melt Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United Kingdom Hot-melt Adhesives Industry Report
Statistics for the 2024 United Kingdom Hot-melt Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom Hot-melt Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
