According to new research study on "Hot Melt Adhesives Market Forecast to 2028 – COVID-19 Impact and Global Analysis– by Type, Product Type, and Application," the market was valued at US$ 7,473.37 million in 2021 and is projected to reach US$ 10,982.38 million by 2028; it is expected to grow at a CAGR of 5.1% from 2020 to 2028.