Press release
Fabric Glue Market: Forecasted Demand and Leading Key Players Analysis Through 2031
The global fabric glue market is witnessing steady growth, fueled by rapid infrastructural development and rising consumer demand in the automotive sector. Increasing applications across industrial, textile, automotive, and disposable product manufacturing industries are further strengthening market expansion.According to a report published by Allied Market Research, the global fabric glue market was valued at $10.3 billion in 2021 and is projected to reach $19.9 billion by 2031, registering a CAGR of 6.8% from 2022 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17435
The report offers an in-depth analysis of investment opportunities, market dynamics, competitive landscape, emerging trends, and winning strategies adopted by key players. It serves as a valuable resource for investors, stakeholders, new entrants, and industry leaders looking to strengthen their market presence.
Market Dynamics:-
Key Drivers:
- Rapid infrastructural development worldwide
- Growing consumer demand in the automotive sector
Opportunities:
- Increasing demand for fabric glue in disposable woven and non-woven products
Restraints:
- Lack of awareness regarding the benefits of fabric glue
Segmental Insights:-
By Type:
- Temporary fabric glue accounted for nearly three-fifths of total revenue in 2021 and is expected to maintain dominance through 2031.
- Permanent fabric glue is projected to grow at the fastest CAGR of 7.0% during the forecast period.
By End-Use Industry:
- The industrial segment held nearly one-third of total revenue in 2021 and is anticipated to remain dominant.
- The automotive segment is expected to register the fastest CAGR of 7.3% from 2022 to 2031.
By Region:
- Asia-Pacific generated more than two-fifths of global revenue in 2021 and is projected to retain its leading position by 2031.
- The region is also expected to witness the fastest CAGR of 7.3% during the forecast period.
- Other regions analyzed include North America, Europe, and LAMEA.
Key Market Players:-
Major companies operating in the global fabric glue market include:
- Beacon Adhesives Inc.
- Cattie Adhesives
- Duncan Enterprises Company
- Tear Mender
- Frameware LLC
- Gutermann GmbH
- Arkema
- H.B. Fuller Company
- Henkel
- Nanpao Resins Chemical Group
- Permatex Canada Inc.
- Pidilite Industries Ltd.
- Odif USA
- Prestige Coating Limited
- Prym Consumer USA Inc.
These players are adopting strategies such as partnerships, expansions, collaborations, and joint ventures to strengthen their market position and expand their global footprint. The report provides detailed insights into their product portfolios, operating segments, and recent developments.
Obtain Report Details: https://www.alliedmarketresearch.com/fabric-glue-market-A17435
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About Us
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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