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According to the latest report by IMARC Group, titled “Flock Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on flock adhesives market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global flock adhesives market size grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the global flock adhesives market to exhibit moderate growth during the next five years.
Flock adhesives are binding materials used to bind flock strands or fiber onto different substrates, such as fabric, rubber, plastic, and metals. The process is carried out by incorporating fiber particles into adhesive layers. It can be used to attain surface properties such as cleaning, gliding, insulating, and silencing.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Flock Adhesives Market Trends:
The global market is majorly driven by the increasing application of the product in the automotive industry. Flock adhesives are applied to the interior of the car to provide a non-abrasive finish to the gaskets and to mount the modulator window. In line with this, the growing production of thermal insulation, automotive interior, and other mechanical tools is significantly contributing to the market growth. Furthermore, rising demand for the product in the textile industry, especially for the flocking of suede fabrics, is positively influencing the market growth across the globe. Besides this, flocking offers various advantages, including slip-free force transfer, mechanical noise reduction, decreased ambient sound, and improved heat insulation, thus creating a positive outlook for the market. Additionally, the growing requirement for flock adhesives in the packaging industry for sealing wooden composite board edges is aiding the market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Our report has categorized the market based on region, product and application.
Key highlights of the report:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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