Fabric Glue Market Share

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.

Frequently Asked Questions (FAQ)

The major factors driving market growth are increasing demand for fabric glue to make disposable hygiene products, and growing usage of the product in the seats of electric vehicles to enhance vehicle safety.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2022 â€“ 2030.

Less awareness about the use of the product in lower economic regions is estimated to hamper the market growth.

Asia Pacific will provide more business opportunities for market growth owing to the rapidly rising urbanization and industrialization in the region.

The major players in the market are Gutermann GmbH, Frameware LLC, Duncan Enterprises Company, Beacon Adhesives, Inc., and others.

Fabric Glue Market Share