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Hot Melt Glue Stick | |
| Thermoplastic adhesives, also known as "hot melt" adhesives, applied hot and simply allowed to harden. These adhesives have become popular for crafts because of their ease of use and the wide range of common materials to which they can adhere. Hot melt adhesive is special kind of adhesives, which can be used at high temperature and adhesion properties remain unchanged on cooling. Hot melt adhesives basically formed by compounding of synthetic polymeric resin. Synthetic polymeric resins are used polyvinyl acetate, Polyethylene acetate, Urea formaldehyde etc. It is generally in the form of solid white powder or in the liquid form. For the manufacturing of hot melt adhesives, there is required of a jacketed metallic reaction kettle, heating system and packaging machine. Hot melt glue sticks consist of a high performance, hot melt adhesive supplied in sticks 300 mm long and approximately 11.5 mm in diameter. They are designed for application by appropriate glue guns and provide bonds with good flexibility and peel strengths, being particularly suitable for use with flexible substrates. The Adhesive Technologies business unit is a leading solution provider for adhesives, sealants and functional coatings for consumers, craftsmen and industrial applications. Henkel offers a multitude of applications to satisfy the needs of different target groups: consumers, craftsmen and industrial businesses. In 2019, the business unit generated sales of 9,461 million euros, 47 percent of total company sales. Hot Melt Adhesives Market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2026. Automobile application segment held the highest share in 2018, and is expected to maintain its dominance throughout the forecast period. 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. 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. The hot melt adhesives market offers an effective solution for carton closing, sealing and play a significant role in overcoming challenges such as energy efficiency and product safety. This has further enhanced its usage in food, beverage & other consumer goods packaging applications. As a whole any entrepreneur can venture in this project without risk and earn profit. | |
| Plant capacity: Clear Transparant Glue Stick Size 200 mmx 7 mm (LxD):2,000 Kgs / Day Yellow Glue Stick Size 250 mmx 11 mm (LxD): 2,000 Kgs / Day Milky Glue Stick Size 100 mmx 7 mm (LxD): 2,000 Kgs / Day | Plant & machinery: Rs 73 lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 687 lakhs |
| Return: 27.00% | Break even: 49.00% |
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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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