Global Flock Adhesives Market to be Dominated by Automotive Segment Through 2028
Rising demand from aerospace
and defense segment are factors to drive the demand for the global flock
adhesives market in the forecast period, 2024 -2028.
According to TechSci
Research report, “Global Flock Adhesives Market- By Region, Competition,
Forecast and Opportunities, 2018-2028”, global flock adhesives market is
projected to grow at an impressive rate in the forecast period 2024-2028. Increasing
demand from the automobile and textile sector is the primary factor driving the
market's growth of flock adhesives market. Reduction of mechanical noise,
chemical resistance, heat resistance of flock adhesives, and attractive
ambiance are driving the demand for flock adhesives in the automotive sector
for the production of components like windscreen wipers, glove boxes, center
consoles, storage compartments within armrests, door gaskets, and engine
insulator. Moreover, government initiatives for production of low-polluting
vehicles and ongoing product innovation are propelling the global flock
adhesives market demand and creating favorable conditions to drive the global flock
adhesives market growth till 2028.
Health-related issues, time consume
documentation processes, and fluctuating prices of raw materials are primary factors
obstructing the growth of global flock adhesives market. In textile industries,
a worker applying flock adhesive has a chance to inhale tiny toxins like nylon
if proper precaution is not taken, and chances of lung problems are very high
as they are directly exposed to different materials like nylons, tannic acid,
ammonium ether, and other. China holds one of the significant export parts of
the flock adhesive market worldwide. Hence, regional sanctions or conflicts are
expected to disturb the overall supply chain and can create selling price
fluctuations. All these factors led to an impended global flock adhesive market
growth.
Browse over XX market
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The global flock adhesives
market is segmented based on resin type and application.
Based on application, the
market is divided into automotive, textiles, paper, packaging, and others. The
automotive segment will hold the largest market share till 2028. Flock
adhesives have numerous applications in the manufacturing of vehicles, such as
coating window rubbers, glove boxes, coin boxes, door cards, consoles, and
dashboards. Hence, it is used as a substitute for different materials like
plastic, metal, wood, rubber, and fiberglass. Therefore, the growing e-vehicle
market, to achieve zero carbon emissions, and its vast application are expected
to propel the flock adhesives market and dominate the application segment.
Major companies operating
in global flock adhesives market are:
- International Coatings Company
- KISSEL + WOLF GmbH
- Henkel AG AND CO. KGaA
- Sika AG
- H.B. Fuller
- Stahl Holdings BV
- DowDuPont Inc.
- Bostik SA
- Lord Corporation
- Jiangnan Industry Chemical Co., LTD
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"The Asia Pacific region is
expected to dominate the global flock adhesives market in the anticipated years
due to growing manufacturing units and availability of resources in low prices in
the region. Besides, flourishing textile and automotives industries in the
region especially in countries like China and India is expected to create
lucrative opportunities for the market growth through 2028. Besides, increasing
demand for flock adhesives from various end-user industries application such as
cosmetic applicators, industrial technology, home & household, paper
industry, packaging, construction, textile printing and flocking are further expected
to propel the demand of flock adhesives market.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Flock Adhesives Market-
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Resin Type (Acrylic, Polyurethane, Epoxy,
Others), By Application (Automotive, Textiles, Paper, Packaging, and Others),
By Company, By Region and By Competition., By Company, By Region and Competition,
has evaluated the
future growth potential of global flock adhesives market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global flock adhesives market.”
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