Global Flock Adhesives Market to Grow at 5.4% During 2024-2032, Spurred by Increasing Demand from Automotive Sector

March 03, 2021 | Chemical & Materials

According to the latest report by IMARC Group, titled "Flock Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the global flock adhesives market is expected to grow at a CAGR of 5.4% during 2024-2032. Flock adhesives are substances that are used to provide a smooth and homogenous finish in a substrate. Short fiber particles that are commonly made up of acrylics, polyurethane or epoxy resin are pasted onto a substrate via spraying, brushing, dipping and silk screening. They assist in yielding a uniform and aesthetic appearance to the surface while offering tactile sensitivity. These substrates can be customized according to the requirements of the customers. As a result, they are widely adopted across various industries, including paper and packaging, textile, and automotive.

Global Flock Adhesives Market Trends:

The global market is majorly driven by the rising demand for flock adhesives from the automotive sector. Since these substances play a pertinent role in bonding, laminating and assembling the interior and exterior components of vehicles, while attributing an aesthetic look and smooth finish to the same, this is creating a positive outlook for the market. Inflating disposable incomes of the masses and their changing lifestyle preferences have contributed to an increased demand for luxury vehicles across the globe, thereby providing an impetus to the market growth. Moreover, flock adhesives find extensive applications in the textile sector, wherein they are utilized to render smoothness to the textile materials to enhance their feel and for the manufacturing of colorful and vibrant clothing. Furthermore, there has been an escalating preference for epoxy adhesives across the globe on account of the enhanced strength and durability offered by these materials. This, coupled with their increasing utilization for the production of printed or integrated circuit boards as they offer excellent electrical insulation, superior thermal conductivity and resistance to extreme temperatures, is providing a thrust to the market growth. Other factors, such as the rising usage of flock adhesives in the manufacturing of furniture and packaging of luxury jewelry, are also expected to propel the market growth.

Market Summary:

On the basis of the product, the market has been divided into acrylic, polyurethane, epoxy, and others.
Based on the application, the market has been classified into textiles, automotive, paper and packaging, and others.
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include 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 Scope:

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)

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Global Flock Adhesives Market to Grow at 5.4% During 2024-2032, Spurred by Increasing Demand from Automotive Sector

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