Non-Woven Adhesives Market Worth $3.5 Billion By 2025 | What You Need To Know In 2021

MNM - Friday, August 6, 2021.
Submitted by abhijeet.

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.

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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.

♦ 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

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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.
  • In September 2020, Arkema announced an industrial adhesives plant in Japan. Those new capacities will enable Bostik to serve its Japanese customers in the continuously growing markets of diapers, hygiene, packaging, labeling, transportation, and electronics. This investment is in line with Bostik’s growth and geographical expansion strategy. Bostik, the adhesive solutions segment of Arkema, continues the development of its industrial adhesives business and announces the start-up of a new plant in Nara, Japan, within the Bostik-Nitta JV, 80% owned by the group.

Opportunity: Growing opportunities in the APAC region for manufacturing adhesives

Stringent government regulations regarding emission of VOCs and production of chemical-based products in developed regions are offering opportunities for global players to invest in emerging economies, where regulations are relatively lax. The European government has imposed many strict policies, which have encouraged the use and production of biodegradable chemicals in the region.

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