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New York, United States, Mar 25, 2022, 05:02 /Comserve / -- The global fabric glue market is estimated to occupy a substantial revenue by growing at a CAGR of ~4% during the forecast period, i.e., 2022 – 2030.
Research Nester published a report titled “ Fabric Glue Market : Global Demand Analysis & Opportunity Outlook 2030 ” which delivers detailed overview of the global fabric glue market in terms of market segmentation by type, sales channel, end use, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global fabric glue market is estimated to occupy a substantial revenue by growing at a CAGR of ~4% during the forecast period, i.e., 2022 – 2030, owing to the rising demand for the adhesive for making disposable hygiene products using woven and non-woven fabric across the globe. Apart from these, increasing use of the product in the seats of electric vehicles for enhancing safety, and ongoing technological advancements in the fabric glue industry are also significant factors expected to drive market growth in the forthcoming years.
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The market is segmented by type, sales channel and end use. Based on type, the permanent segment is anticipated to grab the largest share during the forecast period on the back of fast drying speed, high adhesive strength and superior water-resistance of permanent glues. Additionally, by end use, the medical & hygiene segment is projected to witness notable growth in the near future attributing to the rising demand for medical supplies such as medical masks, PPE kits and other personal hygiene and paper products since the coronavirus outbreak.
Geographically, the global fabric glue market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific region is evaluated to grab the largest share in the market during the forecast period attributing to the rising urbanization and industrialization, and growing investments in the fabric glue industry by companies in the region. Moreover, the market in North America is assessed to occupy a significant share by the end of 2030 owing to the large presence of textiles industry in the region
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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Increasing Demand for Fabric Glue to Make Disposable Hygiene Products to Drive Market Growth
Since the last two decades, hot melt adhesives are widely being used around the world for gluing common substrates of disposable hygienic substrates such as plastic PE films, non-woven fabrics and spandex. This can be credited to the fact that these products do not contain organic solvents, making them highly suitable for the hygiene products industry, which in turn is predicted to drive robust growth to the market in the near future.
However, less awareness regarding the usage of the product in lower economic regions is expected to operate as key restraint to the growth of the global fabric glue market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global fabric glue market which includes company profiling of Dongguan Dayang Aerosol Chemical Technology Co., Ltd., Gutermann GmbH, Frameware LLC, Duncan Enterprises Company, Beacon Adhesives, Inc., Odif USA, Permatex Canada Inc., Tear Mender, Prym Consumer USA Inc., Eclectic Products Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global fabric glue market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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