Market Overview:
The global flock adhesives market size reached US$ 3.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 3.4 Million |
Market Forecast in 2032
|
US$ 5.5 Million |
Market Growth Rate 2024-2032 |
5.4% |
Flock adhesives are widely used to offer a smooth, highly homogenous finish in a substrate that can be customized in accordance with the specific requirements of the end users. Flock or small fiber particles (generally made-up of polyurethane, acrylics and epoxy resin) are deposited onto a substrate through the process of brushing, spraying, dipping and silk screening. This flocking process is extensively being adopted to impart color, superior aesthetic appearance and tactile sensitivity to various surfaces. As a result, flock adhesives find extensive applications across numerous industry verticals, including textiles, automotive, and paper and packaging sectors.
The global market is primarily driven by the increasing utilization of flock adhesives in the automotive industry. They are widely used for bonding, assembling and laminating interior and exterior vehicle components to attribute a better finish and aesthetic appeal to the automobile. These adhesives find extensive applications in the textile industry, which is also driving the market growth. They are increasingly being employed for enhancing the smoothness of the fabric while improving their durability. The market is further driven by the increasing adoption of polyurethane-based adhesives across the globe. These variants are widely characterized by stronger bonding, exceptional abrasion resistance and high elongation properties due to which they are gaining widespread prominence among end users. Some of the other factors contributing to the market growth include the widespread utilization of these adhesives in the manufacturing of furniture, the increasing requirement to bond dissimilar substrates across numerous industries and their growing applications in luxury jewelry packaging.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global flock adhesives market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.
Breakup by Product:
- Acrylic
- Polyurethane
- Epoxy
- Others
Breakup by Application:
- Textiles
- Automotive
- Paper and Packaging
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Argent International Inc., DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Kiwo Inc., Nyatex Adhesive and Chemical Company, Parker-Hannifin Corporation, Sika AG and Stahl Holdings.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Product, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Argent International Inc., DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Kiwo Inc., Nyatex Adhesive and Chemical Company, Parker-Hannifin Corporation, Sika AG and Stahl Holdings |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global flock adhesives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global flock adhesives market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global flock adhesives market and who are the key players?
- What is the degree of competition in the industry?