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Boston, MA -- (SBWIRE) -- 07/26/2017 -- Non-woven Adhesives Market by Type (Styrenic Block Copolymers, Amorphous Poly Alpha Olefins), Application (Baby Care, Feminine Hygiene, Adult Incontinence, Medical), and Region - Global Forecast to 2022
The non-woven adhesives market is projected to grow at a CAGR of 8.63% between 2017 and 2022
The non-woven adhesives market is projected to reach USD 2.76 billion by 2022, at a CAGR of 8.63% between 2017 and 2022. Increased use of non-woven adhesives in applications such as baby care, feminine hygiene, and adult incontinence; and also the emergence of new applications such as medical, bath tissues, pet diapers, and other applications in the global market are expected to change the dynamics of the market in the near future.
Get More Details on this Report and a Full Table of Contents at Non-woven Adhesives Market - Global Forecast to 2022
Manufacturers of non-woven adhesives are catering to the increasing demand for non-woven adhesives, which, in turn, is leading to the expansion of their businesses. However, certain factors restricting the growth of the global non-woven adhesives market are declining birth rates and a very high diaper penetration rate in mature markets such as the U.S., Japan, and Western European countries has led to stagnant growth for non-woven adhesives products.
Among types, the Styrenic Block Copolymers (SBC) segment is projected to hold the largest market share during the forecast period
High elasticity, optimum performance, safe products, reduced fluff, easy-to-use, and their ability to impart unique performance properties in most applications is fueling the demand in the non-woven adhesives market. These properties enhance the popularity of styrenic block copolymers as non-woven adhesives, especially in pressure-sensitive applications.
North America non-woven adhesives market is projected to hold the largest market share during the forecast period
North America has been the leader with respect to the demand for non-woven adhesives as well as product innovations in terms of improved performance, quality of adhesives, and new application developments, such as in feminine care and adult incontinence products. Furthermore, the rise in the demand for non-woven adhesives in the medical application is also attributed to the demand from several health and hygiene applications, which includes wound care (comprises wound dressings).
Breakup of primary interviews:
-By Company Type - Tier 1-45%, Tier 2-22%, and Tier 3-33%
-By Designation - C-level-33%, D-level-22%, and Others-45%
-By Region - Asia-Pacific-23%, Europe-33%, North America-33%, South America and Middle East & Africa-11%
Henkel AG KGaA (Germany), Bostik SA (France), H.B. Fuller (U.S.), Lohmann-koester GmbH & Co. KG (Germany), Beardow & Adams (Adhesives) Ltd. (U.K.), ADTEK Malaysia Sdn Bhd (Malaysia), MORESCO Corp. (Japan), and Savare Specialty Adhesives (Italy), among others are the leading players in the non-woven adhesives market.
Research Coverage
With respect to type, the non-woven adhesives market has been segmented into SBC and APAO. On the basis of application, the market has been segmented into baby care, feminine hygiene, adult incontinence, medical, and others. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Reasons to Buy the Report
From an insight perspective, this research report has focused on various levels of analyses-industry analysis (industry trends), market share analysis of top players in the non-woven adhesives market, value chain analysis, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the non-woven adhesives market, high-growth regions, market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
-Market Penetration: Comprehensive information on non-woven adhesives offered by the top players in the non-woven adhesives market
-Product Development/Innovations: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the non-woven adhesives market
-Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the market for non-woven adhesives across varied regions
-Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the non-woven adhesives market
-Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the non-woven adhesives market
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