Hot Melt Glue Gun Market Forecasts to 2028 – Global Analysis By Type (Bar Gun, Fiber Gun, Scratch Gun), Application (Automotive, Construction, Electronics), and By Geography
According to Stratistics MRC, the Global Hot Melt Glue Gun Market is accounted for $486.72 million in 2020 and is expected to reach $848.86 million by 2028 growing at a CAGR of 7.2% during the forecast period. Rising demand from electronics industry and packaging is driving the market growth. However, the accessibility of other higher glue dispenses tools or a system is hampering the growth of the market.
The hot melt glue gun is a convenient device that is used to dispense hot melt adhesives. These guns provide ease over other glue dispensing equipment. They dry rapidly, are simply disposable, and having long-shelf-life. These guns are offered in numerous types.
Based on the gun type, the corded hot melt glue gun segment is going to have lucrative growth during the forecast period. Corded hot melt glue guns are nominal in cost and they are offered in all sizes such as big, generic, and mini. It can be used by both retail and industrial customers. Most of the corded guns are well-suited with hot melt sticks, hot melt slugs/cartridges, or even pellets thus they are preferred to use in vast applications.
By geography, Asia Pacific is going to have high growth during the forecast period, due to the rising adoption of these guns in construction, electronics, automotive and packaging industries in APAC countries. The rising acceptance in the disposable hygiene products (DHP) industry coupled with growing consumer consciousness regarding personal hygiene and well-being is expected to boost the market growth.
Some of the key players profiled in the Hot Melt Glue Gun Market include 3M, Adhesive Technologies, Inc., Arkema, Buhnen GmbH & Co. KG, Deluxe Packaging, Ellsworth Adhesives, Infinity Bond Adhesives, Ratiobond Klebesysteme GmbH, STEINEL, Surebonder.
• Bar Gun
• Fiber Gun
• Scratch Gun
• Slot Gun
• Strip Gun
• Food Industry
Gun Types Covered:
• Corded Hot Melt Glue Gun
• Cordless Hot Melt Glue Gun
• Hybrid Hot Melt Glue Gun
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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