Fabric Glue Market - Latest Study Reveals New Growth Dynamics | Duncan Enterprises Company, Arkema, Cattie Adhesives

The global fabric glue market was valued at $10.3 billion in 2021 and is projected to reach $19.9 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031, according to a report by Allied Market Research. This comprehensive study provides insights into market dynamics, top investment opportunities, competitive landscape, and key trends to assist industry stakeholders in strategic planning and market positioning.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/request-sample/A17435

Report Highlights

- Forecast Period: 2022-2031
- Base Year: 2021
- Market Size (2021): $10.3 billion
- Market Size (2031): $19.9 billion
- CAGR: 6.8%
- Report Length: 270 pages
- Segments Covered: Type, End-use Industry, and Region

Market Dynamics

Drivers:

- Rapid infrastructural development fueling fabric glue applications in construction.
- Increased consumer demand in the automotive sector for durable and flexible adhesive solutions.

Opportunities:

Rising use of fabric glue for disposable woven and non-woven products.

Restraints:

Lack of awareness among consumers about fabric glue's advantages compared to traditional adhesives.

Segment Analysis

By Type:

- Temporary Segment: Accounted for nearly 60% of the market in 2021 and is expected to remain dominant by 2031.
- Permanent Segment: Projected to register the fastest CAGR of 7.0% during the forecast period.

By End-use Industry:

- Industrial Segment: Held about one-third of total market revenue in 2021 and is expected to maintain dominance through 2031.
- Automotive Segment: Anticipated to exhibit the highest CAGR of 7.3% from 2022 to 2031.

By Region:

- Asia-Pacific: Contributed over 40% of global revenue in 2021 and is expected to sustain its leadership while registering the fastest CAGR of 7.3%.
- Other key regions include Europe, North America, and LAMEA.

Key Market Players

Prominent companies profiled in the report include:

- Beacon Adhesives Inc.
- Cattie Adhesives
- Duncan Enterprises Company
- H.B. Fuller Company
- Henkel
- Pidilite Industries Ltd.
- Arkema
- Tear Mender
- Prym Consumer USA Inc.

These players are leveraging strategies like partnerships, expansions, collaborations, and joint ventures to strengthen their foothold and diversify their product offerings.

Conclusion:

The fabric glue market is poised for robust growth, driven by rising demand across industrial and automotive applications, especially in emerging economies. The report serves as a vital resource for stakeholders, providing actionable insights into the market's evolving landscape and key growth opportunities.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/fabric-glue-market-A17435

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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.

This release was published on openPR.