At 8.1 % CAGR, Non-Woven Adhesive Market Size Worth USD 2.3 Billion by 2026: IndustryARC
With increasing awareness related to the use of safe and hygienic products, the market for Non-Woven Adhesive Market is estimated to expand globally
With increasing awareness related to the use of safe and hygienic products, the market for Non-Woven Adhesive Market is estimated to expand globally
HYDERABAD, TE:LANGANA, INDIA, December 15, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Non-Woven Adhesive Market is forecast to reach $2.3 billion by 2026, after growing at a CAGR of 8.1% during the forecast period 2021-2026. The market for non-woven hygiene adhesives is witnessing high growth due to rising demand from emerging applications such as baby care, feminine hygiene, and adult incontinence. Advancement in medical procedures and healthcare-related practices is expected to drive the market for non-woven adhesives in the next few years. Rise in ageing population is also anticipated to be a major factor driving the inclusion of non-woven adhesives in various adult care products such as adult diapers. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more. Click here to browse the complete report summary:URL.html Key takeaways: This IndustryARC report on the Non-Woven Adhesive Market highlights the following areas - 1. The largest, and fastest-growing, user of nonwoven materials is the hygiene products industry, which means that it also consumes the most nonwoven construction adhesive systems. The materials and adhesives are common in products like baby diapers, adult incontinence products, children's swim and training pants as well as feminine hygiene pads and shields. The purpose of the nonwoven hygiene construction adhesive solutions is to bond together the different layers of the nonwoven materials. The hygiene products that use non-woven materials are disposable and therefore, not always considered the most sustainable. However, the nonwoven adhesive market is striving towards hygiene adhesive solutions that result in less waste, can be recycled or even composted. One of the greatest innovations is biodegradability of hot melt adhesives. These are already used in the packaging industry, and about to make an entry in the sector of hygiene products. Product penetration is expected to increase in the developing areas of the region due to rise in willingness to use safe and comfortable products, thereby boosting the consumption volume of non-woven adhesives. Interested in knowing more relevant information? As it is more resistant to solvents and acids. It is also cost-effective compared to other adhesives. The usage of non-woven adhesives is expected to increase substantially in medical products, owing to the rapid advancements in the healthcare sector, which is largely dependent on product developments and innovations. The growth is mainly attributed to the developing economies of China, India, Thailand, Taiwan, and Malaysia. Stringent government regulations regarding emission of Volatile Organic Compound (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. Infant Care is the major application of non-woven hygiene adhesives; the growth of the segment is backed by a continuous rise in demand from emerging countries. Competitive Landscape: The top 5 players in the Non-Woven Adhesive Industry are - 1. Henkel AG, 2. IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.
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