Global Non-Woven Adhesive Analysis Size, Share Research 2020, Business Opportunity, Global Trend, Future Growth, Key Findings and Forecast to 2027
The
global non-woven adhesive market has been analyzed with respect to five
regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East
& Africa.
The
rising demand for safe, comfortable, and disposable products such as toilet paper,
baby diapers, and sanitary napkins, and economic growth in developing countries
such as India and China are expected to drive market growth in the region.
Additionally, the rising population, increasing use of single-use products, the
growing number of surgeries, aging population, and medical advancements have
given rise to the use of non-woven adhesives in the region. Increased vehicle
production in India and China has led to the widespread use of non-woven
adhesives in the automotive industry. In addition, the growing construction
industry has fostered the demand for non-woven adhesives in the region. Hence,
the market for non-woven adhesives in Asia-Pacific is projected to grow at the
highest CAGR during the forecast period.
Competitive Analysis
Some
of the key players in the global non-woven adhesive market are H.B. Fuller
Company (US), Lohman-Koester GmbH & Co. kg (Germany), Beradow Adams (UK),
ADTEK Consolidates Sdn Bhd (Malaysia), Palmetto Adhesives (US), Moresco
Corporation (Japan), Bostik (US), Henkel AG & Co. kGaA (Germany), tesa SE
(Germany), and Savare Speciality Adhesives (Italy).
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North
America and Europe are also major markets due to the high sales of baby,
feminine hygiene, and single-use products. These markets are, therefore,
predicted to showcase steady growth during the forecast period.
The
use of non-woven adhesives in toilet paper, pet care products, and automobile
production has led to a rise in the use of non-woven adhesives in Latin
America, which is projected to propel market growth during the review period.
The
market in the Middle East & Africa is expected to showcase moderate growth
during the forecast period due to the growing construction industry in GCC
countries.
Market Segmentation
The
global non-woven adhesive market has been segmented based on type, application,
end-use industry, and region.
Based
on type, the non-woven adhesive market has been classified as styrene block
copolymers (SBC), amorphous poly alpha olefins (APAO), ethylene vinyl acetate,
polyolefin, and others.
Based
on application, the market has been divided into baby care products, feminine
hygiene products, adult incontinence products, automotive liners and cables,
construction materials, and others.
On
the basis of end-use industry, the market has been segregated into healthcare,
automotive, construction, and others.
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