![](/images/2013/post-sep.jpg)
Flock Adhesives Market Trends, Key Players, DROT, Analysis & Forecast Till 2027
Flock Adhesives Market Project Report 2027: Raw Materials, Investment Opportunities, Cost and Revenue
PORTLAND, OREGON, UNITED STATES, June 25, 2024 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Flock Adhesives Market by Resin Type (Acrylic, Polyurethane, Epoxy Resin, and Others) and Application (Automotive, Textiles, Paper & Packaging, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global flock adhesives industry was estimated at $1.9 billion in 2019, and is anticipated to hit $2.9 billion by 2027, registering a CAGR of 5.70% from 2020 to 2027.
Drivers, restraints, and opportunities-
Increase in use of flock adhesives in main stream applications and upsurge in utilization of flock adhesives in sectors such as packaging, cosmetics, and furniture drive the growth of the global flock adhesives market. On the other hand, health hazards related to inhalation of flock adhesives impede the growth to some extent. However, mounting demand for flock adhesives in the packaging sector is expected to create lucrative opportunities in the industry.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/11033
Covid-19 scenario-
Increase in use of flock adhesives for manufacturing covid-19 testing kits impacted the global flock adhesives market positively.
Swab collection kits that are flocked with adhesives provide superior specimen collection rate and dwindles the risk of false negative diagnosis result. This factor has boosted the market growth.
The acrylic segment to retain its dominance by 2027-
Based on resin type, the acrylic segment accounted for more than one-third of the global flock adhesives market share in 2019, and is expected to lead the trail by the end of 2027. This is attributed to its water resistance capability. The polyurethane segment, on the other hand, would register the fastest CAGR of 6.40% throughout the forecast period. Its properties such as VOC & formaldehyde free, stability, and enhanced dry & wet wipe resistance fuel the segment growth.
Get Detailed COVID-19 Impact Analysis on the Flock Adhesives Market @ https://www.alliedmarketresearch.com/request-for-customization/11033?reqfor=covid
The textile segment to retain its dominance by 2027-
Based on application, the textile segment contributed to more than two-fifths of the global flock adhesives market revenue in 2019, and is anticipated to rule the roost by 2027, due to rising adoption of flock adhesives in natural and synthetic fabric. Simultaneously, the automotive segment would exhibit the fastest CAGR of 6.80% from 2020 to 2027, owing to rise in use of flock adhesives for manufacturing of glove boxes, sun visors, headrests, and others.
Asia-Pacific, followed by Europe and North America, garnered the major share in 2019-
Based on geography, Asia-Pacific, followed by Europe and North America, held the highest share in 2019, generating more than two-fifths of the global flock adhesives market. The same region would also manifest the fastest CAGR of 6.40% during the forecast period. This is due to rise in number of automotive and textile manufacturers in China and India.
Frontrunners in the industry-
Kissel + Wolf
Sika Automotive
Lord Corporation
Stahl
Avient
Nyatex
Swiss Flock
Dow Chemical
CHT Germany GmbH
H.B. Fuller Company
Interested in Procuring This Report? Visit Here: https://www.alliedmarketresearch.com/flock-adhesives-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
![](https://cleancoal.einnews.com/tracking/article.gif?aid=722673490§ion=einpresswire&a=l-bZRrYHTpSZN_7n&i=MhY9spyQtAevnsdx)
Distribution channels: Chemical Industry, Science
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release