Global Flock Adhesives Market was valued at USD 2.41 Billion in 2018 and is expected to reach USD 4.33 Billion by 2026 at a CAGR of 7.6%.
Flock Adhesives Market
Flock Adhesives Market
Factors driving the growing use of flock adhesives are improved quality of flock adhesives and increased demand for coated fabrics and luxury products. Changing consumer preference toward high-quality and decorative products are driving the growth of the flock adhesives market.
Polyurethane is expected to hold the largest market share that has been featured by stronger bonding properties as well as high elongation resulting in its applications across the automotive sector. The automotive sector is leading the flock adhesives market. Increased application of flock adhesives to reduce weight, improve fuel efficiency along with limiting pollutants within car engines is impelling the automotive segment.
The Asia Pacific is predicted to grow with the highest growth during the forecast period. Presence of the high number of automobile manufacturers along with rising in demand for automobiles especially in China has formed a key factor to drive flock adhesive market in Asia Pacific region.
Scope of Flock Adhesives Market
Flock Adhesives Market, by Resin Type:
• Epoxy Resins
Flock Adhesives Market, by Application:
• Paper & Packaging
Flock Adhesives Market, by Region:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Flock Adhesives Market:
• Kissel + Wolf (Germany)
• Henkel (Germany)
• Dow Chemical (U.S.)
• H.B.Fuller (U.S.)
• Sika AG (Switzerland)
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