Flock Adhesives Market Size, Top Global Key Players Analysis till 2023- Henkel AG & Co. KGaA, NYATEX, Sika AG, International Coatings

Market Overview:

Flock Adhesives are used in a wide array of segments which offers significant properties such as excellent flexibility, heat stability, and optical activity. Furthermore they provide versatility and reliability to the product.

The global flock adhesives market has been driven by the scope of its application in various sectors such as automotive, textiles, paper & packaging, and others.

Moreover, it is estimated that the textile segment is set to witness the highest growth in the market due to the growing consumption of flocks in the sector over the forecast period.

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Major Key Players:
The Major Players operating in the Flock Adhesives Market are:

• Henkel AG & Co. KGaA (Germany),
• H.B. Fuller Company (U.S.),
• The Dow Chemical Company (U.S.),
• LORD Corporation(U.S.),
• NYATEX(U.S.),
• Stahl Holdings B.V( the Netherlands),
• International Coatings(U.S.),
• Sika AG(Switzerland),
• Kissel + Wolf (KIWO) (Germany),
• Gemteks Tekstil Boyalari (Turkey)

Market Segmentation:
The Global Flock Adhesives Market is categorized on the basis of Type, Application:

On The Basis Of Type:
• Acrylics,
• Polyurethane,
• Epoxy
On The Basis Of Application:
• Automotive,
• Textiles,
• Paper & Packaging

Regional Analysis:
Geographically, Flock Adhesives Market is segmented across Five Regions in the world namely:

• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.

Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for flock adhesives market in various applications. Countries such as China, Japan and India are the major players in this region.

The North America region is estimated to witness a higher growth in the U.S., Canada and Mexico owing to increasing demand for lightweight materials in automotive and textile segments. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use eco-friendly resin types in the end-use industries. Moreover, it is projected that the advancing research & development of flocks in the market has propelled this region to witness a significant growth in Germany, the U.K and Italy.

The Middle East & Africa is estimated to observe a significant growth due to increasing consumption of low density materials in automotive, paper & packaging, textiles and others. Additionally, the growing demand for corrosion and UV resistance materials is projected to boost the market in the Latin American region.

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