The global Water Based Flocking Adhesive Market size was valued at USD 1.5 billion in 2021 and is expected to grow at a CAGR of 5.5% from 2023 to 2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Water Based Flocking Adhesive Market.Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Water Based Flocking Adhesive Market. In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. Demand for flocking molded parts and surface applications in industries like automotive, furniture and interior decoration, and textiles has contributed to the expansion of the water based flocking adhesives market. Synthetic resins and other ingredients are emulsified in water to create water-based flocking adhesives. You can find water-based adhesives that have great initial tack, shear resistance, bond strength to different substrates, and age properties. Used in a wide range of industries and tasks, from furniture making to labeling and bookbinding, as well as in the fabrication of pressure-sensitive tapes and laminating materials for the visual arts. Sales volume (in kilos) and revenue (in millions of U.S. dollars) projections are provided for the Water Based Flocking Adhesive market from 2017 to 2030, with 2022 as the base year. The market for Water Based Flocking Adhesives is broken down in this report’s numerous sections. Product, application, and key player market sizes by region are also provided. The effects of COVID-19 and other global crises were considered when calculating the estimated size of the market.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Water Based Flocking Adhesive Market, which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Water Based Flocking Adhesive Market, are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries.Flock adhesives are further divided into submarkets based on resin type, with acrylic, polyurethane, epoxy resin, and other constituting the largest groups. The global market is broken down into different submarkets based on their end use, such as automobiles, textiles, paper and packaging, and others. The market can be broken down into five distinct regions based on their location: the Americas, Europe, Asia-Pacific, Latin America, and the MENA region.
Based on types, the Water Based Flocking Adhesive Market is segmented into:
- Polyurethane
- Acrylic
Based on application, the Water Based Flocking Adhesive Market is segmented into:
- Flocking of Formed Parts
- Surface Flocking
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Recent Development
H.B. Fuller will release two new recyclable adhesive solutions in April 2021 under its widely recognized FlextraTM Evolution brand, each of which offers a variety of benefits related to sustainability goals and manufacturer incentives. The launch of this product will give the company an edge in the market by allowing it to diversify its offerings.
Regional Analysis
The textile industry in China and India, in particular, is expected to be a major growth driver in the Asia Pacific region. Companies in the Asia-Pacific region that make flock adhesives are investing heavily in R&D to modernize their factories. As the automotive and textile industries expand, so too will the demand for flock adhesives in North America. Flock adhesives are in high demand in the region for use in a variety of applications, including electrostatically conductive fabric, computerized textiles that can measure heart rate, antimicrobial fibers, PPE, and high-tech clothing. Due to the large number of textile factories in the country, the United States is the dominant textiles market. According to the National Council of Textile Organizations, the textile and apparel industry in the United States is worth USD 75.8 billion in 2019. (NCTO). In addition, the United States is expected to become the world’s second-largest export market for textile-related goods in the coming years, as reported by NTCO. Epoxy adhesives are manufactured in large quantities in Europe because of their widespread use and increasing popularity. In addition, the market has been propelled by the rising popularity of water-based paints and coatings for use on historic buildings in countries like Italy, Germany, and France. Demand for high-end paper packaging is expected to increase in the Middle East. Arab jewelry designers frequently employ flocking as a form of opulent presentation when packaging their wares. The demand for flock adhesives is expected to rise as a result of the improvement to the packaging industry. The goal of the Latin American region is to increase Brazilian and Mexican textile manufacturing at home. Because of this, it’s likely that the regional market will expand at a rapid clip.
Regional Water Based Flocking Adhesive Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in the Water Based Flocking Adhesive Market include:
- Water Based Flocking Adhesive Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization:
This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/product-report/water-based-flocking-adhesive-market-232843Key Market Participants in the Water Based Flocking Adhesive Market:
H.B. Fuller, DOW, Campbell Coutts Ltd, Bostik, Nan Pao, KIWO, and others.
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