Fabric Glue Market size was over USD 1.48 billion in 2023 and is set to cross USD 3.52 billion by the end of 2036, witnessing more than 6.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of fabric glue is estimated at USD 1.56 billion.
The growth of the fabric glue market can be attributed primarily to the increasing demand for fabric glue for making disposable hygiene products that are made with woven and non-woven cloth. Along with these, growing usage of the product in the seats of electric vehicles to enhance vehicle safety, coupled with the introduction of multi-purpose glue in the automotive industry for reducing curb weight of the vehicle are also expected to drive market growth in the forthcoming years. Furthermore, ongoing technological advancements in the fabric glue sector, such as development of high-quality acrylic polymer emulsions, is projected to offer ample growth opportunities to the fabric glue market in the future.
Growth Drivers
Challenges
2023 |
|
Forecast Year |
2024–2036 |
CAGR |
6.9% |
Base Year Market Size (2023) |
USD 1.48 billion |
Forecast Year Market Size (2036) |
USD 3.52 billion |
Regional Scope |
|
The fabric glue market is segmented by end use into automotive, medical & hygiene, furnishing, household, textiles, and others, out of which, the medical & hygiene segment is anticipated to witness a notable growth in the near future. This can be accounted to the increasing demand for medical supplies, medical masks, PPE kits and other personal hygiene and paper products in the recent times as a result of the COVID-19 outbreak. According to UNICEF, since the start of the outbreak till July 2021, the organization has sent 301.3 million surgical masks and 22.2 million N95 respirators in 127 countries. Apart from this, the textiles segment is evaluated to acquire the largest share over the forecast period attributing to the wide usage of fabric glue for textile finishing, tailoring, and patching holes in clothes. Additionally, on the basis of type, the permanent segment is predicted to acquire the largest share during the forecast period owing to the high adhesive strength, fast drying speed and excellent water-resistance properties of this type of glue.
Our in-depth analysis of the global fabric glue market includes the following segments:
Type |
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Sales Channel |
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End Use |
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On the basis of geographical analysis, the fabric glue market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in Asia Pacific industry is poised to account for largest revenue share by 2036, propelled by rapidly rising urbanization and industrialization in the region. In addition, increase in investments in the fabric glue industry by companies is also projected to fuel market growth in the region in the upcoming years. Moreover, the market in North America is also expected to grab a significant market share during the forecast period, which can be credited to the large presence of textile industry, and growing advancements to develop premium-quality adhesive products in the region. As per the National Council of Textile Organization, the United States is the second largest exporter of textile-related products in the world. Furthermore, textile and apparel shipments in the country were worth USD 64.4 billion in 2020.
In October 2021, Canadian adhesives manufacturer Xlynx Materials produced a new BondLynx molecular adhesive, which is claimed to have excellent chemical bonding properties, strong enough to bond challenging polymers, including polypropylene and polyethylene.
The product is majorly targeted for textiles industry for boosting the mechanical properties, and tear and perforation resistance of high-performance fabrics.
Author Credits: Rajrani Baghel
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