The Global Flock Adhesives Market is projected to grow at 5.5% CAGR with factors such as the growing trend of lightweight and low carbon-emitting vehicles in all the regions.
The global flock adhesives market has shown an exceptional penetration in Asia-Pacific, North America, and European regions due to the increasing investments in e-vehicles in developing and developed countries. In some countries, a limited supply of raw materials for producing flock adhesives may restrain the market.
Global Flock Adhesives Market Scenario
According to Data Bridge Market Research in the global flock adhesives market, the Asia-Pacific region has the highest market share, followed by North America and Europe. The market leader is Dow which accounts for an estimated market share of approximately 11.28% in the global flock adhesives market. The company has gained outstanding sales through its automotive products and flock adhesives.
For instance,
- In October 2021, Dow partnered with Gunvor to clean up the flow of plastic waste and expand circular plastic production. The partnership has helped the company to gain a reputed position in terms of sustainable management
Trends Impacting the Market
Now the question is which other regions Dow, Sika AG, and Henkel AG & Co. KGaA are targeting? Data Bridge Market Research has forecasted a large growth in the global flock adhesives market, and the market leaders are targeting North America and Europe to be their next revenue pockets for 2022.
The global flock adhesives market is becoming more competitive every year with companies such as Dow, Sika AG, and Henkel AG & Co. KGaA as they are the market leaders. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global flock adhesives market.
For more analysis on the global flock adhesives market: https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-flock-adhesives-market
Global Flock Adhesives Market Developments
- In May 2019, Sika AG acquired Parex for the manufacturing of construction materials. The company acquired to expand its product portfolio for the building finishing market and strengthen its world-leading position in construction chemicals
- In July 2021, H.B. Fuller Company partnered with Covestro, one of the world's largest polymer suppliers, to deliver an adhesive with a reduced climate impact for the woodworking, composites, textiles, and automotive industries. This has enabled the company to produce eco-friendly adhesive products
Scope of the Global Flock Adhesives Market
The global flock adhesives market is segmented based on regions into Asia-Pacific, North America, Europe, Middle East and Africa, South America.
All region-based analysis of the global flock adhesives market is further analyzed based on further segmentation. The global flock adhesives market is segmented into four segments based on source, substrate, product, and application.
- On the basis of source, the global flock adhesives market is segmented into solvent-borne and water-borne. On the basis of substrate, the global flock adhesives market is segmented into textile, plastic, metal, glass, wood, and others. On the basis of product, the global flock adhesives market is segmented into polyurethane, acrylic, epoxy, and others. On the basis of application, the global flock adhesives market is segmented into automotive, technical textile & clothing, printing, paper & packaging, and others
To know more about the study: https://www.databridgemarketresearch.com/reports/global-flock-adhesives-market
Key Pointers Covered in Global Flock Adhesives Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competitiveness
Key Market Competitors Covered in the Report
- Henkel AG & Co. KGaA
- Sika AG
- H.B. Fuller Company
- Kissel + Wolf GmbH
- PARKER HANNIFIN CORP
- Stahl Holdings B.V.
- CHT Group
- NYATEX
- Avient Corporation
- SwissFlock AG
- Dow
- Arkema
- NANPAO RESINS CHEMICAL GROUP
Above are the key players covered in the report. To know about more and exhaustive list of global flock adhesives companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-flock-adhesives-market
Research Methodology: Global Flock Adhesives Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Personalized/Household Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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