Overview and Scope
Flock adhesive is an adhesive or glue specifically created to bond flock fibers to a substrate. The flocking process involves applying tiny locks of fiber to a surface to achieve a textured or velvety finish. The adhesive used in this process is crucial in securely attaching the flock fibers to the intended material, whether fabric, paper, or another surface.
Sizing and Forecast
The flock adhesive market size has grown strongly in recent years. It will grow from $2.51 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to urban congestion, advancements in electric propulsion, autonomous vehicle technology, rapid technological innovation, investment and industry interest
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The flock adhesive market size is expected to see strong growth in the next few years. It will grow to $3.45 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing investment in research and development, growing demand for zero-emission transportation, expansion of the market, advancements in autonomous flight technology, reduced travel times and environmental benefits. Major trends in the forecast period include investment in research and development, market growth, innovative products offering, environmental concerns
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Segmentation & Regional Insights
The flock adhesive market covered in this report is segmented –
1) By Flock Type: Nylon Flock, Polyester Flock, Cotton Flock, Rayon Flock, Other Flock Type
2) By Source: Waterborne, SolventBorne
3) By Resin: Acrylic , Polyurethane , Epoxy resin , Other Resin Types
4) By Application: Automotive, Textile, Printing, Paper And Packaging, Other Application
North America was the largest region in the flock adhesives market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the flock adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing textile industry is expected to propel the growth of the flock adhesive market going forward. The textile industry refers to the industry that encompasses activities ranging from research, design, and manufacturing of textiles, fabrics, and clothing. Flocking adhesives that use non-toxic, water-based, and recycled fibers are used for the decorative textile finishing process that involves applying tiny fibers, called a flock, to a surface to create a soft, velvety texture. For instance, in September 2022, according to the State Council of the People’s Republic of China, a China-based governing protected site, from January to July 2022, primary textile retailers collectively recorded sales of Â¥ 9.48 trillion ($1.30 trillion), reflecting a 1.7% increase compared to the same period last year in China. Additionally, clothing exports amounted to $189.4 billion, representing a year-on-year rise of 12.4% nationwide. Therefore, the growing textile industry is driving the growth of the flock adhesive market.
Key Industry Players
Major companies operating in the flock adhesive market report are Dow Inc., Henkel AG & Co. KGaA, Parker Hannifin Corporation, Avery Dennison Corporation, Wacker Chemie AG, H.B. Fuller Company, Avient Corporation, Ashland Global Holdings, Sika AG, LORD Corporation, CHT Germany GmbH, Paramelt BV, Stahl Holdings B.V., Franklin International Inc., Argent International Inc., Kiwo Inc., International Coatings Company Inc., Anhui Sinograce Chemical Co. Ltd., Nyatex Adhesive and Chemical Co., SwissFlock AG, Schuster Beflockung GmbH, VIRUS Inks, Flock It, Parker Hannifin Corporation, Anhui Dowell Huatai New Materials Co. Ltd., Chemproof Chemicals Company, and Flocking Ltd.
The flock adhesive market report table of contents includes:
1. Executive Summary
2. Flock Adhesive Market Characteristics
3. Flock Adhesive Market Trends And Strategies
4. Flock Adhesive Market – Macro Economic Scenario
5. Global Flock Adhesive Market Size and Growth
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31. Flock Adhesive Market Other Major And Innovative Companies
32. Global Flock Adhesive Market Competitive Benchmarking
33. Global Flock Adhesive Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Flock Adhesive Market
35. Flock Adhesive Market Future Outlook and Potential Analysis
36.Appendix
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