The global Non-Woven Adhesives Market size was USD 2.5 Billion in 2022 and is expected to reach USD 5.66 Billion in 2032, and register a revenue CAGR of 9.5% during the forecast period. With their exceptional bonding abilities and great adhesion to numerous substrates, non-woven adhesives are increasingly in demand across a range of end-use industries, including hygiene, medicine, and packaging. Some of the major factors driving the market revenue growth include increased need for better hygiene products, rising knowledge of the advantages of utilizing disposable items, and rising healthcare concerns.
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Top Companies: H.B. Fuller Company, Lohmann-Koester GmbH & Co. KG, Beardow Adams, ADTEK Consolidated Sdn Bhd, Palmetto Adhesives, Moresco Corporation, Bostik, Henkel AG & Co. KGaA, tesa SE, and Savare Specialty Adhesives, among others.
Further Key Finding from the Report Suggestion:
- Styrenic Block Copolymers in the non-woven adhesives market are expected to witness the highest CAGR of 8.5% in the forecast period. They are used in construction for their properties of being lightweight and high strength among other polymers. With time they are slowly replacing traditional metal reinforcements.
- Increasing initiatives taken by the governments as well as by manufacturers, along with increasing awareness among women is leading to propel the market for disposable, eco-friendly, and easy to use solutions for feminine hygiene. This advent of hygienic products is leading to market growth of non-woven products. In 2018, it was observed that female hygiene products held a market share of 23.0%.
- In the construction segment, the utility of non-woven adhesives is to observe a CAGR of 7.2% in the forecast period. These adhesives are strong enough to be used for construction purposes as they are resistant and can withstand temperatures and mechanical stress.
- Automotive industry uses non-woven products for making the upholstery of vehicle interiors and engine covers. They are utilized not only because of the aesthetics they provide but for the corrosion protection as well as their resistance to heat and humidity. The automotive segment held the second highest market share of 23.0% during the year 2018.
- Asia Pacific is anticipated to witness the highest CAGR of 8.4% during the forecast period. Countries like India and Japan are rapidly catching up with the growth in the non-woven adhesives market. The main reason for this quick growth is the rising need for baby products all over this region as well as growing awareness among the women for feminine hygiene products.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
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The global Non-woven Adhesives market is segmented into:
Polymer Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Styrenic Block Copolymers
- Poly Alpha Olefins
- Ethylene Vinyl Acetate
- Others
Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Baby Care
- Female Hygiene
- Medical
- Vehicles
- Others
End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Healthcare
- Automotive
- Construction
- Others
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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