Non-Woven Adhesives Market– Industry Trends
Market Definition: Non-Woven Adhesives Market
Non-woven adhesives are are majorly used in disposable hygiene products.
They are comprised of plasticizers, antioxidants, diluents, additives, and base polymers. Non-woven adhesives are used in baby care, feminine hygiene, adult incontinence, and medical.
Non-woven adhesives are available in styrenic block copolymers, amorphous poly alpha olefins, ethylene vinyl acetate, polyolefin, others.
Market Analysis: Non-Woven Adhesives Market
The global non-woven adhesives market accounted for USD 1.67billion in 2016 and is projected to grow at a CAGR of 8.7% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers : Non-Woven Adhesives Market
- Huge investments in textile industries in emerging countries of Asia-Pacific
- Rising penetration of disposable hygiene products
- Increasing urban population
Market Restraint : Non-Woven Adhesives Market
- Stagnant growth in baby diaper segment in matured markets.
Segmentation: Non-Woven Adhesives
The non-woven adhesives market is segmented on the basis of type into styrenic block copolymers, amorphous poly alpha olefins, ethylene vinyl acetate, polyolefin, and others.
On the basis of application, the market is segmented into baby care, feminine hygiene, adult incontinence, medical, others.
Competitive Analysis: Non-Woven Adhesives Market
The global non-woven adhesives market is consolidated due to the presence of a limited number of players concentrated in few countries.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors:
- Palmetto Adhesives Company, Inc
- Henkel AG
- Copind SRL
- H.B. Fuller
- Savare Specialty Adhesives
- Bostik SA
- Moresco Corporation
- Adtek Malaysia SDN BHD
- Beardow& Adams (Adhesives) Ltd
- Lohmann-Koester
………and many more.
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