Fabric Glue Industry - Regional Synopsis
Asia Pacific industry is estimated to hold largest revenue share by 2037, 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.
