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Global Market Analysis of Flock Adhesive Industry - 2024
Flock Adhesive Market Segmentation
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $2.69 billion
• Revenue Forecast In 2033: $3.45 billion
• CAGR: 6.4%
Global Flock Adhesive Market: Segmentation
The flock adhesive market covered in this report is segmented -
1) By Flock Type: Nylon Flock, Polyester Flock, Cotton Flock, Rayon Flock, Other Flock Type
2) By Source: Waterborne, SolventBorne
3) By Resin: Acrylic , Polyurethane , Epoxy resin , Other Resin Types
4) By Application: Automotive, Textile, Printing, Paper And Packaging, Other Application
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Flock Adhesive Market Report: Growth Drivers
The growth of the textile industry is expected to drive the flock adhesive market forward. This industry encompasses various activities, including research, design, and the manufacturing of textiles, fabrics, and clothing. Flocking adhesives that utilize non-toxic, water-based, and recycled fibers are employed in the decorative textile finishing process, which involves applying tiny fibers (known as flock) to a surface to create a soft, velvety texture. For instance, in September 2022, the State Council of the People's Republic of China reported that from January to July 2022, primary textile retailers in China collectively recorded sales of ¥9.48 trillion ($1.30 trillion), reflecting a 1.7% increase compared to the same period the previous year. Moreover, clothing exports reached $189.4 billion, representing a year-on-year rise of 12.4% nationwide. Therefore, the growth of the textile industry is propelling the flock adhesive market.
Key Developments:
FlexDev Group's Expansion into Textile Customization
In July 2023, FlexDev Group, a UK-based textile personalization firm, acquired Aneyron for an undisclosed amount. With this acquisition, FlexDev Group aimed to enhance collaboration among its various units and establish itself as Europe's leading textile customization entity. Aneyron is a Netherlands-based company manufacturing textile products, including Flock adhesive transfer for textiles.
Top Market Leader Included:
Dow Inc., Henkel AG & Co. KGaA, Parker Hannifin Corporation, Avery Dennison Corporation, Wacker Chemie AG, H.B. Fuller Company, Avient Corporation, Ashland Global Holdings, Sika AG, LORD Corporation, CHT Germany GmbH, Paramelt BV, Stahl Holdings B.V., Franklin International Inc., Argent International Inc., Kiwo Inc., International Coatings Company Inc., Anhui Sinograce Chemical Co. Ltd., Nyatex Adhesive and Chemical Co., SwissFlock AG, Schuster Beflockung GmbH, VIRUS Inks, Flock It, Parker Hannifin Corporation, Anhui Dowell Huatai New Materials Co. Ltd., Chemproof Chemicals Company, and Flocking Ltd.
Flock Adhesive Industry: Regional Landscape
North America was the largest region in the flock adhesives market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the flock adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the flock adhesive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Flock Adhesive Market Report Include?
1.Introduction
• Overview of the Flock Adhesive Market
• Comprehensive Analysis of Flock Adhesive Market
2. Flock Adhesive Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Flock Adhesive Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Flock Adhesive Market
• Overview
• Products and Services
• Strategy
5. Flock Adhesive Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Flock Adhesive Market
• Technological Advancements
• Emerging Trends
7. Flock Adhesive Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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