The global polyester hot melt adhesives market is expected to reach USD 530.3 million by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as packaging and automotive is expected to remain a key driving factor for global polyester hot melt adhesives market over the forecast period. Rapid expansion of electronics industry particularly in Asia Pacific is also expected to have a positive influence on the market growth. Volatile polyester prices coupled with increasing popularity of ethylene vinyl acetate (EVA) hot melt adhesives are expected to remain key challenges for market participants. Increasing R&D spending along with technological advancements in equipment design with enhance dispensing capabilities at low temperatures is anticipated to create new avenues for industry participants.
http://www.grandviewresearch.com/industry-analysis/polyester-hot-melt-adhesives-market
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