Press release
Fabric Glue Market Transforming Business with Future Market Size A Roadmap to Success
AMR
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17435
Report Coverage & Details:
- Forecast Period: 2022-2031
- Base Year: 2021
- Market Size (2021): $10.3 Billion
- Market Size (2031): $19.9 Billion
- CAGR: 6.8%
- Number of Pages in Report: 270
- Segments Covered: Type, End-use Industry, and Region
Drivers:
Rapid infrastructural development
Increased consumer demand in the automotive sector
Opportunities:
Rise in demand for fabric glue in gluing functions for disposable products made from woven and non-woven fabrics
Restraints:
Lack of awareness among people regarding the benefits of fabric glue
COVID-19 Scenario:
The initial impact of the pandemic led to decreased demand from sectors such as automotive, textile, personal care products, and furniture. However, as government restrictions eased, the market regained momentum.
Segment Analysis:
Type: Temporary segment held nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The permanent segment is expected to exhibit the fastest CAGR of 7.0%.
End-use Industry: The industrial segment accounted for nearly one-third of the total market revenue in 2021 and is expected to dominate by 2031. The automotive segment is projected to have the fastest CAGR of 7.3%.
Region: Asia-Pacific generated over two-fifths of the global market revenue in 2021 and is anticipated to maintain its dominance, with the fastest CAGR of 7.3% during the forecast period. Other regions analyzed include Europe, North America, and LAMEA.
Key Players:
Key market players include Beacon Adhesives Inc., Cattie Adhesives, Duncan Enterprises Company, Tear Mender, and others. These players have adopted various strategies such as partnerships, expansions, and collaborations to enhance their market presence. The report offers insights into their business performance, product portfolio, and developments.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research 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.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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