The comprehensive Asia-Pacific Flock Adhesives market research report surely provides productive ideas with which product can be made more effective and striking in the competitive market. The report highlights the change in the market which is taking place due to the moves of key players and brands such as product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of ABC industry. The significant Asia-Pacific Flock Adhesives market research study analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.
Asia-Pacific flock adhesives market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.4% in the forecast period of 2022 to 2029 and is expected to reach USD 1,778,452.34 thousand by 2029. The growing trend of lightweight and low carbon-emitting vehicles is projected to drive the market.
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Some of the major market players engaged in the Asia-Pacific flock adhesives market are Sika AG, CHT Group, Arkema, H.B. Fuller Company, Dow, PARKER HANNIFIN CORP, Henkel AG & Co. KGaA, Stahl Holdings B.V, Avient Corporation, Kissel + Wolf GmbH, and NANPAO RESINS CHEMICAL GROUP, among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Asia-Pacific Flock Adhesives Market Scope and Market Size:
- On the basis of source, the Asia-Pacific flock adhesives market is segmented into solvent-borne and water-borne. In 2022, the water-borne segment is projected to dominate the Asia-Pacific region since water-borne has technological properties compared to other sources, which increases its demand in the market.
- On the basis of substrate, the Asia-Pacific flock adhesives market is segmented into textile, plastic, metal, glass, wood, and others. In 2022, the plastic segment is projected to dominate the Asia-Pacific region since plastic has excellent chemical features compared to other sources, increasing its demand in the market.
- On the basis of product, the Asia-Pacific flock adhesives market is segmented into polyurethane, acrylic, epoxy, and others. In 2022, the acrylic segment is projected to dominate the Asia-Pacific region since acrylic has high dimensional stability, increasing its market demand.
- On the basis of application, the Asia-Pacific flock adhesives market is segmented into automotive, technical textile & clothing, printing, paper & packaging, and others. In 2022, the automotive segment is projected to dominate the Asia-Pacific region since flock adhesives provide long life to automotive products, which increases its demand in the market.
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Asia-Pacific Flock Adhesives Market Country Level Analysis:
Asia-Pacific flock adhesives market is segmented into four notable segments based on source, substrate, product, and application.
The countries covered in the Asia-Pacific flock adhesives market are Japan, China, India, South Korea, Australia, New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific. China is expected to lead the Asia-Pacific flock adhesives market due to the easy and advanced production with high-quality material.
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