Non-Woven Adhesives Market to cross USD 6.2 Billion by 2032, Says Global Market Insights inc.
Non-Woven Adhesives Industry size is expected to register 9.6% CAGR between 2024 and 2032 propelled by rising demand for non-woven products.
Selbyville, Delaware , Sept. 05, 2024 (GLOBE NEWSWIRE) — Non-Woven Adhesives Market will reach USD 6.2 billion by 2032, as per a
Europe to gain market leadership
Europe Non-Woven Adhesives Market will grow steadily through 2032, driven by the stringent environmental regulations imposed by the European Union, which encourage the adoption of sustainable and eco-friendly products. Countries such as Germany, France, and the United Kingdom are leading the way in the usage of non-woven adhesives, particularly in the hygiene and medical sectors. The increasing demand for high-quality, safe, and environmentally friendly products in these countries has prompted manufacturers to focus on innovative adhesive solutions that meet regulatory standards. Additionally, the expanding automotive industry in Europe, which increasingly relies on non-woven adhesives for lightweight and durable bonding solutions, is contributing to market growth.
Non-Woven Adhesives Market Players
Major companies in the market include, Henkel AG & Co. KGaA, H.B. Fuller Company, Bostik SA (Arkema Group), Avery Dennison Corporation, Lohmann GmbH & Co. KG, Beardow Adams Ltd., Jowat SE, The Dow Chemical Company, Moresco Corporation. Companies are focusing on strategic mergers and acquisitions to enhance their market presence and leverage synergies. Additionally, there is a strong emphasis on expanding production capacities and establishing manufacturing facilities in key regions to cater to local demand more efficiently.
For instance, in 2023, Fitesa, a Simpsonville-based nonwoven fabrics manufacturer, announced plans to invest in a new multibeam Reicofil 5 line in Europe, with operations set to begin in the second quarter of 2023. This advanced machine will be installed in one of Fitesa’s existing European facilities and is designed to produce both Full High Loft and standard spunmelt products using a range of sustainable raw materials, including bioPE and PLA.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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