United State- Nonwoven adhesives are thermoplastic adhesives consisting a base polymer, tackifiers, plasticizers, and antioxidants. These high-performance solutions are employed to manufacture various hygiene products, including diapers, training pants, adult incontinence, feminine protection, and others. Nonwoven adhesives are made ideal for industrial applications, owing to properties such as low odor, softness, high elasticity, cohesion strength, and excellent processability.
Changes in consumer dynamics, especially in geriatric population, have introduced additional factors such as enhanced wear and comfort in hygiene industry, which increased the demand for nonwoven adhesives. global nonwoven adhesives market is expected to grow at a CAGR of 9.9% from 2016 to 2022 to reach $2,809 million by 2022 from $1,451 million in 2015.
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Product innovation in hygiene industry is the major factor that drives nonwoven adhesives market. Low production cost and waste minimization adds to the market growth. Asia-Pacific and LAMEA are expected to register substantial growth in the coming years attributing to high demand for disposable hygiene products in emerging economies such as China, Indonesia, India, Turkey, and Brazil. China is the leading consumer of nonwoven adhesives. Loss of bond strength of these adhesives at high temperatures can restrain the market growth, though growth in usage of these adhesives in medical and construction industry are projected to provide great potential for growth and development of the market.
The report segments the nonwoven adhesives market on the basis of type, application, and geography. Based on type, the market is segmented into styrenic block copolymers (SBC), ethylene vinyl acetate (EVA), polyolefin (PO), and others. Others comprises polyamide, polyurethane, and polyester. On the basis of application, the market is classified into baby diapers, feminine hygiene, adult incontinence, medical products, and others, which include disposable products from construction, hospitals, and institutions. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
In May 2016, Bostik SA announced the launch of Brilliance, a high-performance adhesive with olefin elastic attachment, which eliminates inconsistent processing and pattern. In April 2015, Henkel AG & Co. KGaA acquired Novamelt GmbH (Germany), a key manufacturer of specialized hot melt adhesives, to strengthen its product portfolio.
The key market players are:
Henkel AG (Germany) H.B. Fuller (U.S.) Bostik SA (U.S.) Beardow Adams Ltd. (UK) Adtek Malaysia Sdn. Bhd. (Malaysia) Moresco Corporation (Japan) The Dow Chemical Company (U.S.) 3M Corporation (U.S.) Kraton Corporation (U.S.) Evonik Industries AG (Germany)
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This report provides a quantitative analysis of the current trends & estimations and dynamics from 2014 to 2022, which assists to identify the prevailing market opportunities. Major countries in each region are mapped according to individual market revenue. Comprehensive analysis of factors that drive and restrain the market growth is provided. An in-depth analysis of current research and clinical developments within the market is provided with key dynamic factors that highlights the market behavior. The projections in this report are made by analyzing the current trends and future market potential from 2014 to 2022 in terms of revenue and volume. Leading players are profiled and their key developments in recent years are listed.
The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Non-woven Adhesives Market also experienced a slowdown. Statista estimates that the industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.
The degree of competition among prominent global companies has been developed by analyzing several leading Non-woven Adhesives Market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries.
Styrenic Block Copolymers Ethylene Vinyl Acetate Polyolefin Others (Polyamide, Polyurethane, and Polyester)
Baby Diapers Feminine Hygiene Adult Incontinence Medical Products Others (Construction, Hospital, and Institutional Disposable Products)
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North America U.S. Canada Mexico Others Europe Germany Italy France Spain UK Benelux Rest of Europe Asia-Pacific China Japan Korea India Taiwan Rest of Asia-Pacific LAMEA Brazil South Africa Turkey Rest of LAMEA
KEY PLAYERS ACTIVE IN THE VALUE CHAIN INCLUDE
Avery Dennison Corporation (U.S.) Cattie Adhesives Solutions, LLC (U.S.) Celanese Corporation (U.S.) Eastman Chemical Company (U.S.) GitAce Adhesives Company (Iran) ITW Dynatec Americas (U.S.) Klebstoffwerke COLLODIN GmbH (Germany) Lohmann Koester GmbH & Co. Kg (Germany) Max Frank Limited (UK) Michelman, Inc. (U.S.) Nordson Corporation (U.S.) Palmetto Adhesives Company, Inc. (U.S.) PAM Fastening Technology, Inc. (U.S.) Savare Specialty Adhesives (U.S.) Shanghai Jaour Adhesive Products Co., Ltd. (China) Sika Ireland Ltd. (Ireland) Svenska Lim AB (Sweden) Tri-Tex Co Inc. (Canada) TSRC Corporation (Taiwan) Udaipur Surgicals Pvt. Ltd. (India)
Key Questions Answered in the Market Report
• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? • What is the outlook for the impact market during the forecast period 2021-2030? • What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? • What is the end user perception toward? • How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? • What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? • What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? • What are the key strategies adopted by companies in the impact market? • What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? • What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? • Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? • Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? • Which are the key players in the impact market?
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