Flock Adhesives Market to be Dominated by Automotive Segment Through 2028
Rising demand from the aerospace and defense segment are factors to drive the demand for the global flock adhesives market in the forecast period, 2024 -2028.
According to TechSci Research report, “ Global Flock Adhesives Market - By Region, Competition, Forecast and Opportunities, 2018-2028”, global flock adhesives market is projected to grow at an impressive rate in the forecast period 2024-2028. Increasing demand from the automobile and textile sector is the primary factor driving the market's growth of flock adhesives market. Reduction of mechanical noise, chemical resistance, heat resistance of flock adhesives, and attractive ambiance are driving the demand for flock adhesives in the automotive sector for the production of components like windscreen wipers, glove boxes, center consoles, storage compartments within armrests, door gaskets, and engine insulator. Moreover, government initiatives for production of low-polluting vehicles and ongoing product innovation are propelling the global flock adhesives market demand and creating favorable conditions to drive the global flock adhesives market growth till 2028.
Health-related issues, time consume documentation processes, and fluctuating prices of raw materials are primary factors obstructing the growth of global flock adhesives market. In textile industries, a worker applying flock adhesive has a chance to inhale tiny toxins like nylon if proper precaution is not taken, and chances of lung problems are very high as they are directly exposed to different materials like nylons, tannic acid, ammonium ether, and other. China holds one of the significant export parts of the flock adhesive market worldwide. Hence, regional sanctions or conflicts are expected to disturb the overall supply chain and can create selling price fluctuations. All these factors led to an impended global flock adhesive market growth.
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The global flock adhesives market is segmented based on resin type and application.
Based on application, the market is divided into automotive, textiles, paper, packaging, and others. The automotive segment will hold the largest market share till 2028. Flock adhesives have numerous applications in the manufacturing of vehicles, such as coating window rubbers, glove boxes, coin boxes, door cards, consoles, and dashboards. Hence, it is used as a substitute for different materials like plastic, metal, wood, rubber, and fiberglass. Therefore, the growing e-vehicle market, to achieve zero carbon emissions, and its vast application are expected to propel the flock adhesives market and dominate the application segment.
Major companies operating in global flock adhesives market are:
- International Coatings Company
- KISSEL + WOLF GmbH
- Henkel AG AND CO. KGaA
- Sika AG
- H.B. Fuller
- Stahl Holdings BV
- DowDuPont Inc.
- Bostik SA
- Lord Corporation
- Jiangnan Industry Chemical Co., LTD
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"The Asia Pacific region is expected to dominate the global flock adhesives market in the anticipated years due to growing manufacturing units and availability of resources in low prices in the region. Besides, flourishing textile and automotives industries in the region especially in countries like China and India is expected to create lucrative opportunities for the market growth through 2028. Besides, increasing demand for flock adhesives from various end-user industries application such as cosmetic applicators, industrial technology, home & household, paper industry, packaging, construction, textile printing and flocking are further expected to propel the demand of flock adhesives market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“ Flock Adhesives Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Resin Type (Acrylic, Polyurethane, Epoxy, Others), By Application (Automotive, Textiles, Paper, Packaging, and Others) , By Company, By Region and By Competition., By Company, By Region and Competition , has evaluated the future growth potential of global flock adhesives market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global flock adhesives market.”
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