Hot melt glue gun is a kind of decoration tool. The structure of common hot melt glue gun is mainly composed of heater, extrusion structure, nozzle and shell. It is widely used in hot-melt adhesive tape bonding products in electronics factories, food factories, packaging factories, manual woodworking, etc. There are multiple types of hot melt glue guns: according to the nozzle, it can be divided into strip, fiber and scraping nozzle; according to the temperature, it can be divided into low temperature glue gun, high temperature glue gun and dual temperature glue gun; according to the power supply mode, it can be divided into battery version And wireless version; According to the application, it can be divided into industrial use and household use.
Market Analysis and Insights: Global Hot Melt Glue Gun Market
Due to the COVID-19 pandemic, the global Hot Melt Glue Gun market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Bar Gun accounting for % of the Hot Melt Glue Gun global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Electronic segment is altered to an % CAGR throughout this forecast period.
North America Hot Melt Glue Gun market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Hot Melt Glue Gun include 3M, Bühnen GmbH, Bosch, Surebonder, AdTech, WorkPro, Infinity Bond, Power Adhesives and Axco, etc. In terms of revenue, the global 3 largest players have a % market share of Hot Melt Glue Gun in 2021.
Global Hot Melt Glue Gun Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hot Melt Glue Gun Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Bar Gun
Fiber Gun
Scratch Gun
Segment by Application
Electronic
Food
Package
Handcraft
Others
By Company
3M
Bühnen GmbH
Bosch
Surebonder
AdTech
WorkPro
Infinity Bond
Power Adhesives
Axco
Glue Machinery
PAM Fastening
Steinel
ITW
WORX
Metabo
Ryobi
Sanyo Trading
DEVON (Chervon)
Delixi Electric
LAOA
Prokit's Industries
SATA
Komax
EXPLOIT
Fujiwara
LOMVUM
Cobiz
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia