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Non-woven Adhesives Market to Reach USD 2.22 Billion by 2020, Predicts M&M

Published on 2016-02-25. Author : SpecialChem

The report "Non-Woven Adhesive Market by Type (Styrenic Block Copolymers and Amorphous Poly Alpha Olefin), by Application (Baby Care, Feminine Hygiene, Adult Incontinence, and Others), by Region (North America, Europe, Asia-Pacific, and Row) - Global Forecasts to 2020", The Non-Woven adhesives market size is estimated to grow from USD 1.46 Billion in 2015 to USD 2.22 Billion by 2020, registering a CAGR of 8.65% between 2015 and 2020.

Fig. 1: MarketsandMarkets

The market is driven by high demand from baby care, feminine hygiene, adult incontinence, and other applications. Among all regions considered, Asia-Pacific and RoW are expected to witness high growth rates in the next five years. The demand in these regions is supported by emerging markets such as China, India, Brazil, and Mexico.

Baby care is the largest application of Non-Woven adhesives

Non-Woven adhesives is used in various applications such as baby care, feminine hygiene, adult incontinence, and others. In 2015, the baby care application segment accounted for the largest market share, in terms of value. The baby care application segment is followed by feminine hygiene and adult incontinence applications. The Non-Woven adhesives market in the baby care application segment is expected to witness the highest CAGR between 2015 and 2020, in terms of volume.

Feminine Hygiene is the second largest application of Non-Woven adhesives

In 2015, North America is estimated to have accounted for the largest market share, in terms of volume. However, the high demand in Asia-Pacific is expected to be the major driver of the global Non-Woven adhesives market. China is among the leading consumer of Non-Woven adhesives, globally, due to the increase in demand for Non-Woven products in Chinese market. The markets in other emerging economies such as Brazil, India, and Mexico are also expected to witness rapid growth.

The scope of the report covers detailed information regarding the major factors influencing the growth of the Non-Woven adhesives market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, investments & expansions, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. MarketsandMarkets specializes in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.M&M's 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in its reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

Source: MarketsandMarkets

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