Press release
Flock Adhesives Market: Emerging Global Trends And Leading Top Players Analysis Till 2023 | FLEXcon Company, Inc., Henkel AG & Co. KGaA, H.B. Fuller Company, The Dow Chemical Company, LORD Corporation, Stahl Holdings B.V, Sika AG
Industry Related News:November 11, 2016 – FLEXcon Company, Inc (the Netherlands), one of the leading manufacturers of flock adhesives, declared that the company has come into an agreement with FiberLok to develop a Lextra Pressure Adhesive dimensional graphics for reliable, prime label, and point of purchase (POP) applications. This product has been manufactured due to its ability to produce flock transfers. One of the sources of the company also announced that the product has created a surge in demand for end-use applications such as brand identity labels on durable goods, instructional labels for auto interiors, and others. Therefore, these factors are expected to drive the market over the assessment 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),
• FLEXcon Company, Inc. (the Netherlands)
Market Overview:
Flock Adhesives are used to stick polymers or fibers to numerous kinds of plastic materials. They offer sustainability and excellent surface finish to the product. Moreover, excellent flexibility, chemical resistance, and durable nature are the important trends and factors influencing the market confidently. Therefore, they are used in various applications such as automotive, textiles, paper & packaging.
Flock Adhesives are used in various end-use industries such as automotive, textiles, paper & packaging, and others. They are utilized to add extraordinary features such as superior performance, enhanced mechanical properties, and others to the final product. The growing demand of these materials has prompted the manufacturers and investors to shift their focus from ordinary materials to advanced adhesives in end-use applications. Additionally, the improving technological advancement and innovations of the product in the leading companies have resulted into a remarkable growth in the market during the forecast period.
Competitive Landscape:
The Flock Adhesives Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Flock adhesives market is set to grow at a higher CAGR which is likely to attract many entrants to the market resulting into healthy competition in the future. Manufacturers operating in the flock adhesives market are struggling to respond to an increase in demand for the product from automotive, textiles, paper & packaging, and other sectors attributed to technological advancement and increasing production capacity in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.
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.
Geographically, Asia Pacific is leading the global flock adhesives market. China holds the major portion due to extensive use of advanced adhesives and increasing replacement of heavy substances by lightweight products in the region. Increasing consumption of foil adhesives in numerous applications such as gifts, greeting cards, sponge, toys, fabric, woven, and others has boosted the market demand in Japan, and India.
North America has witnessed a significant growth in the market owing to rapid consumption of advanced adhesives in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt bio-compatible and superior materials in major sectors.
Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to extensive consumption of low density, water-proof materials in the major industries.
List Of Figures:
FIGURE 1. Global Flock Adhesives Market Segmentation
FIGURE 2. Forecast Methodology
FIGURE 3. Five Forces Analysis Of Global Flock Adhesives Market
FIGURE 4. Value Chain Of Global Flock Adhesives Market
FIGURE 5. Share Of Global Flock Adhesives Market In 2017, By Country (In %)
FIGURE 6. Global Flock Adhesives Market, 2017-2023,
FIGURE 7. Sub Segments Of Resin Type
FIGURE 8. Global Flock Adhesives Market Size By Resin Type, 2017
FIGURE 9. Share Of Global Flock Adhesives Market By Resin Type, 2017 To 2023
FIGURE 10. Global Flock Adhesives Market Size By Application, 2017
FIGURE 11. Share Of Global Flock Adhesives Market By Application, 2017 To 2023
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