Data Bridge Market Research analyses that the market is growing at a CAGR of 5.5% in the forecast period of 2022 to 2029 and is expected to reach USD 4,596,087.85 thousand by 2029.
Flock Adhesives business report is very useful in identifying brand awareness, market landscape, possible future issues, industry trends and customer behavior with which superior business strategies can be set. This report makes available an actionable market insight to the clients with which they can make out the sustainable and profitable business strategies. The market report provides key statistics on the market status of Global and Regional manufacturers and hence works as an important source of guidance for companies and individuals interested in the industry. Moreover, the requisites of Flock Adhesives industry have been understood at the fullest to endow them with the premium Flock Adhesives market research report.
The significant Flock Adhesives market report estimates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. In this era of globalization, many businesses call for global market research to support decision making. Market research reports help business or organization in every sphere of trade to take better decisions, to respond the toughest business questions and reduce the risk of failure. It gives details about market drivers and market restraints which can help businesses in guessing about reducing or increasing the production of particular product.
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The global 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 5.5% in the forecast period of 2022 to 2029 and is expected to reach USD 4,596,087.85 thousand by 2029. The growing trend of lightweight and low carbon-emitting vehicles may drive the global flock adhesives market.
The act of depositing tiny fibre particles on a surface is referred to as flocking. Any article's texture can also be altered using this method to improve its value in terms of the tactile experience, aesthetics, colour, and look. The flocking process can be used to improve low reflectivity, slip-or-grip friction, and insulation, among other properties. During this procedure, an adhesive layer holds the flock to the textile. The right adhesive must be used for a high-quality flocked finish.
Major Players:
Data Bridge Market Research recognizes the following companies as the market players in parcel sortation systems market: Sika AG (Switzerland), CHT Group (Germany), NYATEX (U.S.), SwissFlock AG (Switzerland), Arkema (France), H.B. Fuller Company (U.S.), Dow (U.S.), PARKER HANNIFIN CORP (U.S.), Henkel AG & Co. KGaA (Germany), Stahl Holdings B.V. (Netherlands), Avient Corporation (U.S.), Kissel + Wolf GmbH (Germany), and NANPAO RESINS CHEMICAL GROUP (Taiwan).
Segment Analysis:
On the basis of source, the global flock adhesives market is segmented into solvent-borne and water-borne. In 2022, the water-borne segment is expected to dominate the global flock adhesives market with a 56.87% share as water-borne are have high resistance power, which increases its demand globally. In Asia-Pacific, the water-borne is projected to dominate the region since it has technological properties compared to other sources, which increases its demand in the region. In North America, the water-borne is projected to dominate the region as water-borne consists of low melting temperature that helps maintain the softness of any product and thus raise its demand in the region.
On the basis of substrate, the global flock adhesives market is segmented into textile, plastic, metal, glass, wood, and others. In 2022, the plastic segment is expected to dominate the global flock adhesives market with a 31.27% share as plastic has high durability, increasing its global demand. In Asia-Pacific, plastic is projected to dominate the region since it has excellent chemical features compared to other souces, increasing its demand. In North America, plastic is projected to dominate the region as plastic has a high resistance capacity that helps sustain the temperature balance of any product and thus raises its demand in the region.
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