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Hot Melt Adhesives (for Book Binding, Packaging And Courier Bag) | |
| An adhesive is generally characterized as a material capable of bonding separate articles together by adhering to the surfaces of both articles. The selection of an adhesive bonding agent for a particular use is governed by the chemical and physical properties of the adhesive bonding agent composition and the chemical and physical properties of the surfaces of the articles to be bonded. Some of the chemical and physical properties to be considered when an adhesive binding agent is selected are: 1. The affinity of the surfaces to be bonded to the adhesive bonding agent. 2. The ability to the adhesive bonding agent to adequately wet surface to be bonded. 3. The ability of the adhesive bonding agent to be placed in intimate contact with the surface to be bonded. 4. The cohesive strength of the adhesive bonding agent itself. 5. The chemical reactivity of the adhesive agent with the surface to be bonded. Melt adhesives are bonding agents which achieve a solid state and resultant strength by cooling as contrasted with other adhesives which achieve the solid state through evaporation or removal of solvents. Prior heating, a hot-melt adhesive is a thermoplastic, 100 percent solid material, all adhesive. Application of heat brings the material to the liquid state, and after removal of the heat, it sets by simple cooling. Hot Melt Adhesives be defined as adhesives that melt and flow on application of heat and solidifies on cooling to give a strong adhesion. Hot melt adhesives are solvent-free, solvent-free, solid compounds that have negligible or no VOC (volatile organic compound) compared to solvent-based adhesives. The global market for hot melt adhesives is gaining significant impetus from the rise in the trading activities, leading to a high demand for packaging. The increasing construction activities across the world is also fueling the need for hot melt adhesives substantially. On the other hand, the volatility in crude oil prices and the easy availability of substitutes are likely to create hindrances in the higher adoption of hot melt adhesives across the world in the years to come. The global Hot Melt Adhesives (HMA) market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2022, projected to reach USD 9.46 billion by 2022, in terms of value. The HMA market is driven by the increasing demand for HMA from applications such as packaging solutions, nonwoven hygiene products, and consumer DIY. Hot melt adhesives are formulations based on thermoplastic polymers which can be softened and reshaped on heating above their melting point. These adhesives are applied on a material in liquid state and offer easy to clean application with minimum toxicity. They are served in a wide array of industries such as packaging owing to their high stability & strength, making them a suitable alternative to solvent-borne adhesives. Increasing product innovations in hygiene solutions to reduce waste, provide comfort & improve absorption has enabled the development of unique adhesives to manufacture disposable hygiene products will drive the growth of hot melt adhesives market. Hot melt adhesives demand is attributed towards rising importance regarding disposable hygiene products and growing government initiatives to promote health & wellness among individuals. With increasing awareness for personal hygiene, consumers are looking for products with enhanced features such as better absorption and improved softness which has augmented the adoption of environment friendly disposable adhesives. Few Indian major players are as under 3M India Ltd. Ciba India Ltd. D H Resins & Chemicals Pvt. Ltd. Eftec (India) Pvt. Ltd. H B Fuller India Adhesives Pvt. Ltd. Henkel Anand India Pvt. Ltd. Renuka Adhesives Ltd. Polyinks Ltd. | |
| Plant capacity: Hot Melt Adhesive for Book Binding: 300 Kgs / Day Hot Melt Adhesive for Packaging: 250 Kgs / Day Hot Melt Adhesive for Courier Bag: 250 Kgs / Day | Plant & machinery: Rs 96 lakhs |
| Working capital: - | T.C.I: Cost of Project : Rs 283 lakhs |
| Return: 23.00% | Break even: 55.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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- Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.
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