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Oct 22, 2020 (MARKITWIRED via COMTEX) — HotMelt Rubber are commonly used adhesive tapes that are used in sealing medium toheavy duty carton sealing, shipping, in logistics industries and also forinventory management. The molecular structure and the resin steadiness ofpolypropylene offers excellent and mechanical features, which are used indifferent type of applications. The material Hot Melt Rubber is made from BOPP(biaxial oriented polypropylene) film. Polypropylene is a thermosofteningplastic material that becomes moldable above a definite temperature andsolidifies after cooling. BOPP packaging tape's high tensile strength and ruggedstructure, makes it an ideal material for packaging and labelling. Thesematerials are also resistant to abrasion, and various chemical solvents. It iseasy to print, coat and easily laminated, which makes it perfect formanufacturer of packaging tape. BOPP material offers negligible elongationaround 150% on average, which is burst resistant and easy in opening. Most BOPPmaterials are non-hazardous and therefore safe to use in packaging.
Hot MeltRubber Market: Dynamics
The HotMelt Rubber market is expected to witness a healthy growth over theforecast period. The features associated with these tapes like high clarity andglossy texture, flawless dimensional stability, wrinkle proof and shrink proof,nontoxic and recyclable factor, heat and moisture resistant features are themain factors that are driving the growth in the Hot Melt Rubber market.Further, the demand for Hot Melt Rubber is continuously rising among theleading FMCG manufacturers as these tapes are also been considered as a newmarketing tool and is practiced as one of the distinctive ways of advertising.Packaging companies are now offering Hot Melt Rubber with customization optionfor its consumers and logo printed on the same. Hence, the global Hot MeltRubber market is anticipated to witness sustainable growth during the forecastperiod. However, availability of alternate adhesives at low cost can act as arestraining factor in the Hot Melt Rubber market.
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Hot MeltRubber Market: Segmentation
On the basis of applicationtype, the global Hot Melt Rubber is segmented into,
- Medium & Heavy Duty Carton Sealing
- Gift Wrapping & Decoration
- General Purpose Repair
- Bundling & Strapping
- Stationery Purpose
- Others
On the basis of BOPP packagingtype, the global Hot Melt Rubber is segmented into,
- Transparent
- Colored
- Printed or Customised
On the basis of adhesive type,the global Hot Melt Rubber is segmented into,
- Hot Melt
- Acrylic
- Water-Activated
Hot MeltRubber Market: Region Wise Outlook
On the basis of geography, theglobal Hot Melt Rubber market is divided into five regions, North America,Latin America, Europe, Asia Pacific and Middle East & Africa. North Americaregion is anticipated to be the prominent market for the global Hot Melt Rubbermarket. Asia Pacific is expected to be the fastest growing region in the HotMelt Rubber market primarily driven by the developing countries like India andChina. The rise in purchasing power of people in developing economies and thegrowing retail sector has resulted in growing demand for packaged goods in thisregion, which further drives the use of carton sealing tapes and ultimatelyfuels the growth in Hot Melt Rubber market in Asia Pacific. Europe is expectedto witness an average growth in the Hot Melt Rubber market while Latin Americaand Middle East & Africa are expected to experience a moderate growth inthe Hot Melt Rubber market over the forecast period.
Hot MeltRubber Market: Key Players
Some ofthe major players of the global Hot Melt Rubber market are Toplink Packaging(Pvt) Ltd, Shenzhen Zhan Hongxin Technology Co.Ltd, SR PACKAGING, ADH TAPE,Vibac Group S.p.a., Zhengzhou Aston Industrial Co., Ltd, ODDY – ATUL PAPER PVT.LTD. and many more.
The report is a compilation offirst-hand information, qualitative, and quantitative assessment by industryanalysts, inputs from industry experts and industry participants across thevalue chain. The report provides in-depth analysis of parent market trends,macro-economic indicators and governing factors along with marketattractiveness as per segments. The report also maps the qualitative impact ofvarious market factors on market segments and geographies.
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ReportHighlights:
- Detailed overview of parent market
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- Historical, current and projected market size in terms of volumeand value
- Recent industry trends and developments
- Competitive landscape
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- Potential and niche segments, geographical regions exhibitingpromising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhancetheir market footprint
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COMTEX_373259498/2612/2020-10-22T22:02:00
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