PUNE, India, February 24, 2016 /PRNewswire/ --
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", published by MarketsandMarkets, The 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.
Browse 76 market data Tables and 52 Figures spread through 129 Pages and in-depth TOC on "Non-Woven Adhesive Market"
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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 are 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.
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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.
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