Flock Adhesives Market size was over USD 2.2 billion in 2024 and is projected to reach USD 4.1 billion by 2037, witnessing around 4.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of flock adhesives is assessed at USD 2.38 billion.
The growth of the market can be attributed to significant growth in the textile industry across the globe owing to up-surged investments, notable expansion in the retail sector, government assistance, and an increment in the disposable income of the global population. Moreover, the high consumption of textiles is expected to increase the usage of flock adhesives in the textile industry. As per a recent report, it was estimated that the global textile industry garnered around USD 900 billion in 2018. This growth figure for the industry is projected to reach approximately USD 1,200 billion by 2024.
Global flock adhesives market trends such as, the growth in businesses in the textile industry is expected to increase the adoption rate of flock adhesives in the upcoming years, which is projected to hike the market growth over the forecast period. As per estimates, in 2021, the number of textile and clothing manufacturing companies in the European Union totaled 143,000. Flock adhesives are primarily used as binding agents for rubber, plastic, and metal substrates. The process of adhesive flocking is carried out by incorporating fiber particles electrostatically into numerous adhesive layers. These adhesive layers are further applied to dense textile fabrics. Furthermore, flock adhesives are highly consumed in the textile industry for various processes such as spraying or brushing.
Growth Drivers
Boom in the Automotive Industry – As per recent statistics, the revenue generation by the global automotive industry by 2030 is projected to reach USD 9 trillion.
The rise in consumer preference for vehicle comfort, coupled with the need for quality vehicle interiors, is expected to augment the sales of flock adhesives in the assessment period. Furthermore, the slip free force transmission, elimination of noise, and enhanced heat insulation provided by flock adhesives are other factors that are expected to expand the market’s growth.
Higher Demand for Flock Adhesives in the Construction Industry - The revenue collected by the global construction industry was almost USD 2 trillion in 2019. Flock adhesives are leading binding materials, highly utilized in the binding several substrates, for instance, metals, plastic, rubber, and others. This is the major factor that makes it suitable to be used in the construction industry, and it is anticipated to drive the growth of the global flock adhesives market.
Rise in Sales and Production Volume of Electric Vehicles – The International Energy Agency stated that global electric car sales reached to almost 3 million in 2020, an increase from 40% from 2019.
Growth in the Electronics Industry Across the Globe – As per recent estimates, the revenue generated by the U.S. electronics industry in 2019 stood up at USD 300 billion.
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.9% |
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Base Year Market Size (2024) |
USD 2.2 billion |
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Forecast Year Market Size (2037) |
USD 4.1 billion |
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Regional Scope |
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The global flock adhesives market is segmented and analyzed for demand and supply by application into automotive, textile, printing, paper & packaging, and others. Out of these types of segments, the automotive segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the high number of vehicles on the road. The increased utilization rate of flock adhesives to upgrade the status of automotive. It has been observed that by the end of the first quarter of 2022, there were approximately 1.45 billion vehicles on the roads across the globe. In addition, there has been growing demand for electric vehicle across the globe, followed by the surging need to reduce the carbon emission from the vehicles are predicted to drive the segment’s growth in the market. Further, the effect of the burgeoning population is on the rising demand for automobiles to fulfill their needs. The International Organization of Motor Vehicle Manufacturers (OICA) estimated that the global sales of vehicles in the year 2021 rose to 82,684,788 units from 78,774,320 units in 2020; whereas, the global production was calculated to be 80,145,988 vehicles in 2021, an increase from 77,711,725 vehicles in 2020.
The global flock adhesives market is also segmented and analyzed for demand and supply by type into polyurethane, acrylic, epoxy, others. Among these segments, the epoxy segment is expected to garner a significant share. Epoxy resin is one of the most recommended resins for flock adhesives and epoxy is observed to be the strongest adhesive. Hence, the demand and production of epoxy resin are growing exponentially, which is further expected to propel the segment growth over the forecast period. For instance, the total production of epoxy resin in Japan was projected to be around 120 thousand tons solely in Japan which was a rise from 100 thousand tons in 2020. Additionally, the demand for epoxy resin in Asia Pacific is projected to hit approximately USD 650 million by 2025.
Our in-depth analysis of the global flock adhesives market includes the following segments:
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By Source |
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By Type |
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By Application |
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Asia Pacific industry is poised to hold largest revenue share by 2037. The growth of the market can be attributed majorly to the growth of the regional textile industry owing to the higher demand for textiles by the exponentially rising population, backed by the escalated export and production volumes of the textiles. In the recent period, it was calculated that China was the top-ranked global textile exporter in 2021 with a value of approximately USD 120 billion. Further, Bangladesh is also a leading textile exporter with a value around USD 40 billion. The rise in demand for the vehicles is another growth factor to propel the market growth in the region over the anticipated time frame. Flock adhesives are highly adopted by automotive manufacturers since it is used in the manufacturing of significant automotive parts such as, armrests, fiber insulation, center consoles, seats, gloveboxes, dashboards, and others. Such a higher demand for flock adhesives in the highly developed regional automotive industry is estimated to enlarge the market size over the forecast period. According to the International Organization of Motor Vehicle Manufacturer (OICA), the sales and registration of new vehicles in the Asia Pacific region grew up to 42,663,736 units in 2021, a considerable increment from 2020 with 40,322,544 vehicles.
H.B. FULLER COMPANY has entered into partnership with Enimac that is expected to combine the market and expertise with advanced knowledge on pressure-sensitive adhesive tapes to support the growing e-commerce packaging industry. Enimac is a leading manufacturer of international tape application equipment that serves in over 30 countries. With this partnership, the specialist of both companies has come together.
Sika AG has acquired United Gilsonite Laboratories (UGL) in the United States, manufacturer of products for consumer and DIY waterproofing applications. United Gilsonite Laboratories is supplying products to every corner of the country.
Author Credits: Rajrani Baghel
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