Global Flock Adhesives Market Size, Trends & Analysis - Forecasts To 2026 By Product (Polyurethane, Acrylic, Epoxy, Others), By Application (Paper & packaging, Textiles, Automotive, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA), Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis
Flock Adhesives Market: Insights
The global flock adhesives market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing demand for lightweight and low carbon-emitting vehicles and technological advancements in end-use industries are some of the major factors expected to drive the market growth. Increase in demand for dissimilar materials bonding, and replacing conventional products with synthetic substrates is projected to propel the market growth. However, stringent environmental concerns and fluctuation in prices of raw materials are likely to hamper the market growth over the coming years.
Flock Adhesives Market Size: By Product
Based on product, the global flock adhesives market is segmented into polyurethane, acrylic, and epoxy, among others. The acrylic segment is expected to grow at a high CAGR during the forecast period due to their growing usage in metal and plastic substrates, particularly in automotive applications. Such adhesives can often be used to cover the edges of wood composite boards until water-based coatings or paints are applied. Acrylic-based adhesives provide a solid and durable protection when bound to substrates such as plastics, metals, fabrics, carpets, ceramics, concrete and wood composites.
Flock Adhesives Market Size: By Application
Based on application, the global flock adhesives market is segmented into paper & packaging, textiles, and automotive among others. The textiles segment is expected to hold the largest market share during the forecast period. Moreover, the automotive segment projected to grow at a high CAGR over the coming years. Flocks are often used on window rubbers to have a non-abrasive running surface and avoid freezing in winter. They are often used in automobiles, especially in vehicle interiors.
Flock Adhesives Market Size: By Region
Based on region, the global flock adhesives market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America is estimated to grow at a high CAGR during the forecast period due to growing domestic manufacturing facilities across Canada, and Mexico.
Flock Adhesives Market: Share & Competitor Analysis
Some of the key players operating in the flock adhesives market include: H.B. Fuller Company, Dow, Henkel AG & Co. KGaA, Sika AG, NYATEX, International Coatings, Parker Hannifin Corp., Argent International, Inc., Stahl Holdings, and KIWO, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
Check the Press Release on Global Flock Adhesives Market Report
Flock Adhesives Market: By Product
Flock Adhesives Market: By Application
Flock Adhesives Market: By Region
The global Flock Adhesives Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Flock Adhesives Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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