Flock Adhesives Market Analysis 2018 to 2023: Leading Global Players - The Dow Chemical Company, H.B. Fuller Company, NYATEX, Sika AG, International Coatings, Kissel + Wolf, Henkel AG & Co. KGaA

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.

Receive Sample Copy Of “Flock Adhesives Market Research Report - Forecast to 2023” At:
https://www.marketresearchfuture.com/sample_request/4849

Global Flock Adhesives Market is forecasted to grow exponentially by 2023, registering a staggering CAGR during the review period (2017-2023). Paper and packaging sector is another lucrative application of flock adhesives, driving the demand hugely.

Intended Audience:

• Flock Adhesives Market Manufacturers
• Traders and Distributors of Flock Adhesives Market
• Production Process Industries
• Potential Investors
• Raw Material Suppliers Nationalized Laboratory

Industry/ Innovations/ Related News:

September 12, 2018 – Henkel AG & Co. KGaA (Germany), a leading global adhesive and sealant company laid the cornerstone for the new global innovation center of its Adhesive Technologies business at the company’s headquarters in Düsseldorf. The venture involves an investment of more than 130 Mn. Euros. The facility alongside offering around 350 Henkel experts to develop new technologies and applications will also serve as a global customer center, for Henkel to present new solutions for adhesives, sealants and functional coatings. The project is estimated to be completed by the end of 2020.

Competitive Landscape:

The highly competitive flock adhesives market appears fragmented due to some large and small key players alongside the new entrants are forming a competitive landscape. Significant investments are made into R&D activities to develop technically advanced materials. Some of the key strategies traced from the analysis of recent proceedings of the key players include agreement & partnership, product launch, expansion, and acquisition. also, developing state of the art manufacturing facilities and strong sales and distribution network are other key strategies helping the key players to acquire the leadership position in the market. Growing markets in some of the developing countries of APAC such as China, and India, create additional opportunities, attracting manufacturers from the developed region.

Segmentation:

The Global Flock Adhesives Market is segmented into the resin type, and application.

On the basis of the resin type, the market is further categorized into acrylics, polyurethane, and epoxy. Among these, the acrylics segment holds a majority of the market share due to extraordinary features offered by the resin type such as excellent thermal and chemical resistance offered by Flock Adhesives. The polyurethane resin segment is projected to witness a rapid growth in the market owing to its growing consumption in automobile, paper & packaging, and others.

The market by application is further categorized into automotive, textiles, paper & packaging, and others. Among these, the automobile segment accounts for major share of the market owing to growing replacement of heavy metals by lightweight materials to improve the efficiency and performance of the equipment. The growing demand of greeting cards, gifts and packaging is set to drive the paper & packaging segment during the assessment period.

Regional Analysis:

The Asia Pacific region dominates the global flock adhesives market owing to the increasing adoption of lightweight materials in automotive, paper & packaging, and textiles among others. The burgeoning automotive industry in the region is expected to generate enormous demand for flock adhesives during the review period.

Consequently, countries such as China, Japan, and India, backed by their growing automotive sectors contribute majorly to the market in the region. Furthermore, improving the economy in the region is boosting the demand for flock adhesives, improving the standard of living and increasing consumers’ purchasing power.

North America flock adhesives market emerging as the fastest growing market accounts for a substantial market share on the global platform. Factors such as the increased consumption of adhesives in textiles and paper packaging sectors, substantiate the market growth in the region.

Global Key Players:

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

Browse Complete Report Detail Of “Flock Adhesives Market Research Report - Forecast to 2023” At:
https://www.marketresearchfuture.com/reports/flock-adhesives-market-4849

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future
Office No. 528, Amanora Chambers,
Pune- 411028
Email: sales@marketresearchfuture.com
+16468459312

This release was published on openPR.