PUR hot melt adhesive is a plastic adhesive that is an environmentally friendly chemical. In 2014, a total of 818,600 tons of PUR hot melt adhesives were sold worldwide, an increase of 2.5% over the previous year. The market is expected to reach $5.014 billion by 2019, with a compound annual growth rate of 5%.
The recovery in the downstream market has stimulated a steady increase in demand for hot melt adhesives. After the financial crisis in 2008, the downstream industries related to PUR hot melt adhesives gradually recovered. Among them, artificial turf, tape, rigid bonding has a large room for growth. It is expected that the compound annual growth rate of PUR hot melt adhesive will reach 6.5% from 2012 to 2019.
The advantages of PUR hot melt adhesives are further recognized while also driving the market. PUR hot melt adhesives have obvious advantages: including the replacement of other adhesives with PUR hot melt adhesives can effectively reduce the weight of components and reduce the associated logistics costs. At the same time, PUR hot melt adhesives have superior properties such as high modulus of elasticity, optimum viscosity, higher wet strength, and more durable bonding. The impact resistance and durability of PUR hot melt adhesives are superior to other products, while at the same time reducing maintenance costs for users.
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