Polyamide HMA market dimension is projected to succeed in US$ 2.5 billion by 2027 – IndustryARC

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Polyamide HMA market size is projected to reach US$ 2.5 billion by 2027 - IndustryARC

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The polyamide HMA market dimension is projected to succeed in US$ 2.5 billion by 2027 after rising at a CAGR of seven.2% from 2022 to 2027.

The polyamide HMA market dimension is projected to succeed in US$ 2.5 billion by 2027 after rising at a CAGR of seven.2% from 2022 to 2027. Adhesives present good adhesion to substrates equivalent to metals, paper, rubber, plastics, wooden, ceramics, materials and leather-based. Due to this fact, because of the excessive adhesive properties, polyamide HMA is utilized in numerous fields equivalent to automotive, paper, textile, wooden and electronics. Components equivalent to rising automotive manufacturing, elevated manufacturing of packaging grades and excessive demand for textile objects are driving the expansion of the Polyamide HMA market. Nonetheless, the supply of options equivalent to polyurethane sizzling soften adhesives and ethyl vinyl acetate might restrict using polyamide HMA in bonding purposes. This may occasionally hinder the expansion of the worldwide polyamide HMA business.

aggressive panorama:

The highest 5 gamers within the Polyamide HMA business are –

1. Intercool

2. Buhnen Adhesive System

3. Bostic Inc.

4. Avery Dennison

5. 3M Firm

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Segmental Evaluation:

1. Strong kind held a big share within the polyamide HMA market in 2021 with a share of over 62%. Polyamide HMA in stable kind is utilized at room temperature and affords good properties equivalent to glorious plasticizer resistance, low viscosity, and glorious adhesive efficiency at excessive temperatures.

2. Asia-Pacific held the most important share within the polyamide HMA market with a share of over 36% in 2021. Main international locations equivalent to China and India have seen speedy progress in sectors equivalent to automotive, textile and wooden, that are main finish customers of polyamide HMA. Due to this fact, the speedy growth in these areas has elevated their manufacturing.

3. The automotive sector held a big share within the polyamide HMA market with a share of over 24% in 2021. Polyamide HMAs are primarily used within the automotive business as a result of the bonds can cross the temperature checks required within the business they usually resist oils and greases.

report protection

report properties

description

by kind

Liquid and stable (powder, sticks, movie and others)

by software

Wooden Binding, Oil Filter Meeting, Textile Lamination, Automotive Meeting, Paperboard Binding, Basic Product Meeting

by finish person

Paper business, automotive (passenger autos, gentle industrial autos, heavy industrial autos, and others), wooden business, electrical and electronics, packaging, textiles, footwear

in accordance with geography

North America, Europe, Asia-Pacific, South America and Remainder of the World

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Market Drivers and Challenges:

1. Improve in Automotive Manufacturing: Polyamide HMA is used within the automotive sector because of its sturdy bonding attribute and is utilized for adhesive carpet and headliner bonding, waterproof membrane lamination of doorways and seating.

2. Improve in manufacturing of packaging paper: Polyamide HMA is majorly used within the packaging business because it offers a wonderful adhesion on paper substrates. The main use of polyamide HMA is for flap closure of corrugated bins and paperboard cartons.

3. Availability of substitutes: Polyamide HMA which is synthesized from dimer acid, ethylene diamine and piperazine, has low chemical resistance and has a processing temperature of 160 °C to 200 °C at which the glue begins to deteriorate .

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Related reviews:

A. Industrial Adhesive Market

https://www.industryarc.com/Report/16490/industrial-adhesives-market.html

B. Polyamide-6 Market

https://www.industryarc.com/Report/16096/polyamide-6-market.html

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