Flock Adhesives Market Application Analysis with Key Competitors 2022- Business Size, and Opportunities Forecast to 2030

[Ram Vasekar]

Market Analysis 

The global Flock Adhesives Market is expected to touch USD 3,275 million by 2023 at a 6.04% CAGR over the forecast period (2018-2023), states the new Market Research Future (MRFR) report. Flock adhesives, simply put, are chemically formulated products that are used in flocking, where several tiny particles are deposited on the textile surface. It is done for improving the product/substrate’s overall characteristics that translate to better texture, appeal, and appearance. Different methods are used for applying flock adhesives such as silk-screen, dipping, spraying, and brushing. It is selected depending on the desired finish and characteristic properties. Some of the key characteristics of flock adhesives include pigmentation, solvent resistance, wash-ability, flame retardancy, flexibility, among others. 

Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/4849

Various factors are propelling the flock adhesives market growth. These factors as per the new Market Research Future (MRFR) report, include growing applications across different end user industries such as packaging, printing, textiles, and automotive, growing demand for luxury products and coated fabrics, shift in consumer preference towards decorative and high-quality products, and rising expenditure and per capita income. Additional factors propelling market growth include increasing utilization of alternative materials, especially in automotive exterior and interior applications to improve fuel efficiency and reduce emissions, growing automotive industry, and increasing use of light-weight materials by OEMs to comply with the strict environmental regulations. 

On the flip side, the volatility of prices may deter the flock adhesives market growth over the forecast period.

Market Segmentation 

The MRFR report provides an all-inclusive segmental analysis of the flock adhesives market on the basis of source, application, and type.

Based on source, the flock adhesives market is segmented into solvent-borne and waterborne adhesives. Of these, the waterborne segment will have the largest share in the market over the forecast period. It is predicted to touch USD 2,412.2 million by 2023. 

Based on application, the flock adhesives market is segmented into printing, paper and packaging, textile, automotive, and others. Of these, the automotive segment will lead the market over the forecast period. 

Based on type, the flock adhesives market is segmented into epoxy, acrylic, polyurethane, and others. Of these, the polyurethane segment will dominate the market over the forecast period. It is predicted to touch USD 1,366.8 million by 2023. 

Speak To Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/4849

Key Players 

Leading players profiled in the flock adhesives market report include

• Union Ink (US),
• International Coatings Company (US),
• Stahl Holdings BV (The Netherlands),
• KISSEL + WOLF GmbH (Germany),
• Lord Corporation (US),
• Bostik SA (US),
• DowDuPont Inc. (US),
• Sika AG (Switzerland),
• H.B. Fuller (US),
• Henkel AG & Co. KGaA (Germany). 

Key players have adopted different strategies for creating a foothold in the market, such as partnerships, mergers and acquisitions, collaborations, research and development, and more. 

October 2019: Panacol has launched a new UV adhesive, Vitralit 7311 FO. This orange fluorescent adhesive is certified as per the USP Class VI standards, thereby making it ideal for various medical devices. The transparent, low viscosity acrylic adhesive will offer excellent bond strength to different plastics such as ABS, PMMA, PVC, PC, and others, along with other materials, including stainless steel and glass.

Request for Customization @ https://www.marketresearchfuture.com/ask_for_customize/4849

Regional Analysis 

By region, the flock adhesives market report covers the latest trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the Asia Pacific will dominate the market over the overcast period. Factors aiding growth in this region include the expanding automotive industry and the growing textile industry in China and India. 

The flock adhesives market in North America is predicted to have a healthy growth over the forecast period chiefly due to the burgeoning demand for flock adhesives from the automotive sector. 

The flock adhesives market in Europe is predicted to have a notable growth over the forecast period. Factors aiding growth in this region include the steady demand from the automotive industry, coupled with the burgeoning demand for luxury products. 

The flock adhesives market in the MEA and Latin America are predicted to have a steady growth during the forecast period. 

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

[phone](US)

[phone](UK)

Email: [e-mail]

Browse Related Reports:

Barium Fluoride Market https://www.marketresearchfuture.com/reports/barium-fluoride-market-1636

Chloromethane Market https://www.marketresearchfuture.com/reports/chloromethane-market-2417

Elastomeric Sealants Market https://www.marketresearchfuture.com/reports/elastomeric-sealants-market-5773

Engine Oil Additive Market https://www.marketresearchfuture.com/reports/engine-oil-additive-market-10532