APAO for hot melt adhesives is the newer class of raw materials used in the manufacture of adhesives formulation. These type of adhesives are widely employed in paper & packaging, personal hygiene, bookbinding, woodworking, product assembly, and others. Others include textiles, footwear, electronics, asphalt modifiers, wires & cables, electronics, etc. Paper & packaging was the largest application segment of the APAO for hot melt adhesives market in 2014; however, personal care is likely to be the fastest-growing segment of the global APAO for hot melt market from 2015 to 2023. Copolymers held majority share of the global APAO for hot melt market in 2014 due to its high impact strength. Commercial production of APAO takes place by polymerization of propylene and ethylene in the presence of Z-N catalyst. Ingredient suppliers of propylene and ethylene have medium bargaining power in the market. Buyers have credible opportunity to forward integrate in the market to start manufacturing APAO blends. There is high threat of external substitutes such as ethylene vinyl acetate (EVA), styrene block copolymer (SBC), polyamides, polyurethane, and polyesters in the global APAO for hot melt market.