[221 Pages Report] The non-woven adhesives market size is estimated to be USD 2.3 billion in 2020 and is projected reach USD 3.5 billion by 2025, at a CAGR of 8.5%, between 2020 and 2025. The key market driver is the growing usage of non-woven adhesives in baby care, feminine hygiene, and adult incontinence applications. Along with that, the rising awareness for high-quality products and growing demand from APAC, the Middle East & Africa, and South America are driving the growth. However, the growth of the non-woven adhesives market is stagnant in the baby diaper market in developed regions, and the market is affected by the volatility in raw material prices.
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Recent Developments
- In February 2021, Henkel launched Technomelt Supra ECO—a new range of hot melt adhesives, which provides greater sustainability and lower CO2 emissions, while the performance remains the same. With this new development, the company’s presence in the adhesives industry is expected to increase and cater to a broad range of applications.
- In December 2020, H.B. Fuller announced readily available adhesive grades with hot melt advanced technology for extreme cold storage of vaccines and medication packaging. Advantra Adhesives provide a secure bond at -94°F with tamper-evident fiber tear.
- In November 2020, Tailormade polyolefin adhesive range of Technomelt Advance was developed by Henkel with a partner for the personal hygiene industry to minimize chemical odor and Volatile Organic Compoundsþ (VOCs) emission. The MED range is for medical facemasks, isolation gowns, and surgical drapes.
- In November 2020, H.B. Fuller has launched Full-Care 5885 to meet the industry’s growing demand for natural-based hygiene articles. This adhesive offers great value by combining high-performance 100% cotton bonding at low cost in use.
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Impact of COVID-19 on Non-woven Adhesives Market
According to the IMF, a recession as bad as the global economic crisis of 2008 or worse hit the global economy during 2020. The IMF warned of a total output loss of USD 9 trillion in the world economy between 2020 and 2021. The extent of the economic damage still depends on how the virus spreads throughout Europe, the US, and other major economies.
- According to economists, the Chinese economy is likely to be hit further by reduced global demand for its products due to the effect of the pandemic. As the coronavirus pandemic escalates, the growth rate falls sharply against the backdrop of volatile markets and growing credit stress.
- The economy of China has been hit far harder than projected, although a tentative stabilization has begun. In European countries and the US, increasing restrictions on travel & transportation and prolonged lockdown have reduced the demand during the first quarter of 2020. However, the market is expected to recover by the end of the year.
Non-woven adhesives are thermoplastic adhesives that comprise a base polymer, tackifiers, plasticizers, and antioxidants.
Hygiene products, including diapers, training pants, adult incontinence, feminine protection, and many others are manufactured using these superior adhesive solutions.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/29297/global-nonwoven-adhesives-2019-10Although the basic composition remains similar, the raw materials used to produce non-woven adhesives vary according to the end applications.The Asia-Pacific non-woven adhesives market is projected to grow at the highest CAGR during the forecast period.
The growth of the Asia-Pacific non-woven adhesives market can be attributed to the rising demand for non-woven adhesives from emerging economies of the Asia-Pacific region, which include India, China, Indonesia, Taiwan, and Malaysia, among others.Incontinence problems in the geriatric population have created a huge demand for thinner cores, better absorption, and more fit & comfortable products, which has increased the use of non-woven adhesives globally.
The non-woven adhesives market size is estimated to be USD 2.0 billion in 2018 and is projected reach USD 3.1 billion by 2023, at a CAGR of 8.71%, between 2018 and 2023.
This report focuses on Non-woven Adhesives volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Non-woven Adhesives market size by analyzing historical data and future prospect.
A new research study from “Data Bridge Market Research” with title Non-woven adhesives market Insights 2019, Global Analysis and Forecast to 2026 provides an in-depth assessment of the Non-woven adhesives market including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.
Fuller, Savare Specialty Adhesives, Bostik SA, Moresco Corporation, Adtek Malaysia SDN BHD, Beardow& Adams (Adhesives) Ltd, Lohmann-Koester and others.
Global Non-woven adhesives market is expected to rise to an estimated value of USD 3.96 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026Fill Out Details to Receive Sample Report Copy Here @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=non-woven-adhesives-marketMarket Definition: Global Non-woven Adhesives Market Non-woven adhesives are widely used in the manufacturing industries of hygiene product.
Non-woven adhesives are cost-effective and are extensively used in our day to day applications such as medical, adult incontinence, feminine hygiene, baby care and others Competitive Analysis: Global non-woven adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of global non-woven adhesives market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Non-woven Adhesives Market report helps uncover the general market conditions and tendencies.
The key market driver is the growing usage of non-woven adhesives in baby care, feminine hygiene, and adult incontinence applications.
Along with that, the rising awareness for high-quality products and growing demand from APAC, the Middle East & Africa, and South America are driving the growth.♦ View Detailed PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=244920110 Impact of COVID-19 on Non-woven Adhesives MarketAccording to the IMF, a recession as bad as the global economic crisis of 2008 or worse hit the global economy during 2020.
The extent of the economic damage still depends on how the virus spreads throughout Europe, the US, and other major economies.♦ PREMIUM INSIGHTS - 4.1 ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS FIGURE 12 EMERGING ECONOMIES OFFER LUCRATIVE GROWTH POTENTIAL FOR MARKET PLAYERS 4.2 NON-WOVEN HYGIENE ADHESIVES MARKET, BY TYPE FIGURE 13 EVA SEGMENT TO REGISTER THE HIGHEST CAGR IN OVERALL NON-WOVEN HYGIENE ADHESIVES MARKET 4.3 NON-WOVEN HYGIENE ADHESIVES MARKET, DEVELOPED VS.
DEVELOPING COUNTRIES FIGURE 14 NON-WOVEN HYGIENE ADHESIVES MARKET TO GROW FASTER IN DEVELOPING COUNTRIES THAN IN DEVELOPED COUNTRIES 4.4 APAC NON-WOVEN HYGIENE ADHESIVES MARKET, BY APPLICATION AND COUNTRY, 2019 FIGURE 15 BABY CARE SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES 4.5 GLOBAL NON-WOVEN HYGIENE ADHESIVES MARKET ATTRACTIVENESS FIGURE 16 INDIA TO REGISTER THE HIGHEST CAGR BETWEEN 2020 AND 2025♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=244920110 Recent DevelopmentsIn February 2021, Henkel launched Technomelt Supra ECO—a new range of hot melt adhesives, which provides greater sustainability and lower CO2 emissions, while the performance remains the same.
Fuller announced readily available adhesive grades with hot melt advanced technology for extreme cold storage of vaccines and medication packaging.
Advantra Adhesives provide a secure bond at -94°F with tamper-evident fiber tear.In November 2020, Tailormade polyolefin adhesive range of Technomelt Advance was developed by Henkel with a partner for the personal hygiene industry to minimize chemical odor and Volatile Organic Compoundsþ (VOCs) emission.
Global Non-woven Adhesives Market is accounted for $1.62 billion in 2017 and is expected to reach $4.26 billion by 2026 growing at a CAGR of 11.3% during the forecast period.
Growing infiltration of disposable hygiene products, advancement in medical procedures and health care related practices and low production cost and waste minimization are some of the factors fuelling the market growth.
However, Loss of bond strength of nonwoven adhesives at high temperatures is restricting the market growth.Non-woven adhesives are generally used in non-refundable sanitation products.
They are thermoplastic adhesives include antioxidants, diluents, base polymer, additives, plasticizers and tackifiers.
They offer properties such as high elasticity, high cohesion strength, low odor, softness, heat resistance, and excellent processability.
They are frequently engaged in applications such as feminine hygiene, baby care, and adult care.Based on technology, Hot-melt-based adhesives have significant market growth during the forecast period and are widely used in products such as medical pads, baby diapers, tissues, and towels.
