According to a new report, published by KBV research, The Global Flock Adhesives Market size is expected to reach $3.2 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 715.61 Kilo Tonnes, experiencing a growth of 4.5% (2019-2022).
Integrating smart technologies, such as RFID (Radio-Frequency Identification) tagging and anti-counterfeiting features, into flock adhesives is gaining traction in packaging and brand protection applications. Smart flock adhesives offer enhanced product traceability, security, and authentication capabilities, helping brands combat counterfeiting, ensure product integrity, and protect intellectual property rights. This trend is driven by the rising importance of product security and consumer trust in global supply chains.
The Acrylic segment is leading the Global Flock Adhesives Market, by Resin Type in 2022, thereby achieving a market value of $1.2 Billion by 2030. Acrylic-based flock adhesives are highly versatile and can be used in various industries. They are suitable for automotive interiors, textiles, packaging, consumer goods, furniture upholstery, and other applications where a soft, textured finish is desired. Acrylic-based flock adhesives provide excellent temperature and weather resistance, making them suitable for indoor and outdoor applications.
The Automotive segment is poised to have a CAGR of 5.8% during (2023 - 2030). As consumer preferences evolve, there is an increasing demand for high-quality, aesthetically pleasing automotive interiors. Flock adhesives are crucial in achieving luxurious interior finishes by securely bonding flock fibers to various substrates such as plastics, metals, and textiles. Automotive manufacturers increasingly focus on lightweighting to improve fuel efficiency and reduce emissions.
Full Report: https://www.kbvresearch.com/flock-adhesives-market/
The Asia Pacific region dominated the Global Flock Adhesives Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.5 Billion by 2030. The Europe region is experiencing a CAGR of 4.8% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 5.2% during (2023 - 2030).
By Resin Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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