8.71% Growth Rate for Non-Woven Adhesives Market by 2023 | Growth Factors, Business Developments, Segmentation and Technologies

Non-Woven Adhesives Market report analyzed by supply demand with global trends analysis and this report shows the current market status with industry chain structure of Non-woven Adhesives Industry.

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The Non-Woven Adhesives Market size is projected to grow from US$ 2.0 Billion in 2018 to US$ 3.1 Billion, by 2023. This report focuses on the Non-woven Adhesives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East & Africa. This report categorizes the market based on manufacturers, regions, type and application.

The Market is witnessing high growth due to rising demand from emerging applications such as baby care, feminine hygiene, and adult incontinence. The APAC market exhibits strong growth potential between 2018 and 2023. The region accounted for the largest market share, in terms of value, of the overall non-woven adhesives market in 2017.

The Hot-Melt segment is expected to lead the non-woven adhesives market, in terms of volume, between 2018 and 2023.Hot-melt non-woven adhesives are used in assembly & construction of disposable hygiene products, including baby diapers, feminine hygiene products, and adult incontinence products. They have excellent cohesive strength and strong adhesion to non-woven, absorbent pads and backing materials used in the construction of diapers and other disposable non-woven products.

“The APAO segment is projected to account for the largest share of the overall non-woven adhesives market, in terms of volume, between 2018 and 2023.”
APAO is projected to be the fastest-growing segment of the market, in terms of both volume and value, between 2018 and 2023. APAO is an important type of polyolefin used in non-woven adhesives. Such polyolefin has better thermal stability than products based purely on polyethylene (PE) and can be used at lower temperature ranges than pure polypropylene. It is produced by copolymerization of alpha-olefins, including propylene or 1-butene. The copolymers have an amorphous structure that makes them useful for producing hot-melt adhesives.

“APAC is projected to be the fastest-growing market for non-woven adhesives during the forecast period, in terms of value and volume.”
The non-woven adhesives market is projected to register the highest CAGR in APAC in the next five years, mainly due to the rise in population and increasing number of working women as well as higher growth prospects in the baby care and feminine hygiene applications. The markets in APAC countries are in the growth phase, where manufacturers compete with very similar offerings. The non-woven adhesives market in APAC is profitable than in the other regions.

A breakdown of the profiles of the primary interviewees is as follows:
• By Company Type: Tier 1 -60%, Tier 2 -30%, and Tier 3 - 10%.
• By Designation: C-Level - 50%, Director Level - 40%, and Others - 10%.
• By Region: North America- 35%,Europe - 30%, APAC – 16%South America – 12% and Middle East & Africa - 7%

Report Highlights:
• To analyze and forecast the market size with respect to five main regions (along with their respective key countries), namely, North America, Europe, Asia Pacific (APAC), the Middle East &Africa, and South America
• To define, describe, and forecast the global non-woven adhesives market in terms of value and volume
• To provide information about the factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
• To analyze and forecast the market size by technology, type, and application
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the overall market
• To analyze opportunities in the market for stakeholders and provide details of a competitive benchmarking of the market leaders
• To track and analyze competitive developments such as investment & expansion, new product launch, and merger & acquisition in the market
• To strategically profile the key players in the market and comprehensively analyze their core competencies

Top Key Players in the Non-woven Adhesives Market include are Henkel AG (Germany), H.B. Fuller (US), Arkema (France), Moresco Corporation (Japan), Lohmann- Koester GmbH & Co.KG (Germany), Beardow& Adams (Adhesives) Ltd. (UK), ADTEK Malaysia SdnBhd (Malaysia), Colquimica Adhesives (Portugal), Savare Specialty Adhesives (Italy), and Palmetto Adhesives Company, Inc. (US).

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Competitive Landscape of Non-woven Adhesives Market:
1 Competitive Leadership Mapping (Overall Market)
1.1 Terminology/Nomenclature
1.1.1 Visionary Leaders
1.1.2 Dynamic Differentiators
1.1.3 Innovators
1.2 Small & Medium-Sized Enterprises (SMSE)
1.2.1 Progressive Companies
1.2.2 Starting Blocks
1.2.3 Responsive Companies
1.2.4 Dynamic Companies
2 Market Ranking, 2017
3 Competitive Scenario
3.1 Investment & Expansion
3.2 Merger & Acquisition
3.3 New Product Launch

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Release ID: 497071