Global Non-Woven Adhesives Market (2020 to 2025) - Growing Population and Changing Lifestyle Presents Opportunities
DUBLIN, March 23, 2021 /PRNewswire/ -- The "Global Non-Woven Adhesives Market by Technology (Hot-melt), Type (SBC, APAO, EVA), Application (Baby Care, Feminine Hygiene, Adult Incontinence, Medical), and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Non-Woven Adhesives Market is projected to grow from USD 2.3 billion in 2020 to USD 3.5 billion by 2025, at a CAGR of 8.5%.
The market is witnessing high growth due to rising demand from emerging applications such as baby care, feminine hygiene, and adult incontinence.
The APAC market exhibits strong growth potential between 2020 and 2025. The region accounted for the largest market share, in terms of value, of the overall non-woven adhesives market in 2019. Furthermore, this market is projected to witness the highest CAGR due to the growing demand from end-users.
Stagnant growth is observed in the baby diaper market in developed regions due to declining birth rates and very high diaper penetration rate in matured markets such as the US, Japan, and in the Western European countries. The adhesive industry is affected by high transport costs induced by fluctuating fuel prices and higher manufacturing costs resulting from increasing energy costs. Adhesive manufacturers have responded by passing on such price rise to end-users, thereby, resulting in decreased demand for adhesives, as certain end-use segments, such as low-end adhesive products and general users are price sensitive.
The hot-melt segment is expected to lead the non-woven adhesives market, in terms of volume, during the forecast period
The hot-melt segment is expected to lead the non-woven adhesives market, in terms of volume, between 2020 and 2025. Hot-melt non-woven adhesives are used in assembly & construction of disposable hygiene products, including baby diapers, feminine hygiene products, and adult incontinence products. They have excellent cohesive strength and strong adhesion to non-woven, absorbent pads and backing materials used in the construction of diapers and other disposable non-woven products.
Hygiene products manufacturers offer a range of adhesive solutions to meet consumer requirements. Innovative disposable hygiene products combine high adhesion with skin-friendliness. The players in this market focus on extensive R&D to manufacture innovative products and differentiate their product offerings from their competitors.
The APAO segment is projected to account for the largest share of the overall non-woven adhesives market, in terms of volume, during the forecast period
APAO is projected to be the fastest-growing segment of the market, in terms of both volume and value, between 2020 and 2025. APAO is an important type of polyolefin used in non-woven adhesives. Such polyolefin has better thermal stability than products based purely on polyethylene (PE) and can be used at lower temperature ranges than pure polypropylene. It is produced by copolymerization of alpha-olefins, including propylene or 1-butene. The copolymers have an amorphous structure that makes them useful for producing hot-melt adhesives. APAO non-woven adhesives offer good resistance to acid and solvents, with better cost-effectiveness than other adhesives.
APAC is projected to be the fastest-growing market for non-woven adhesives during the forecast period, in terms of value and volume
The non-woven adhesives market is projected to register the highest CAGR in APAC in the next five years, mainly due to the rise in population and increasing number of working women as well as higher growth prospects in the baby care and feminine hygiene applications. The markets in APAC countries are in the growth phase, where manufacturers compete with very similar offerings. The non-woven adhesives market in APAC is profitable than in the other regions. The market is becoming more organized, with companies entering into strategic acquisitions and joint ventures to increase their market shares.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Non-Woven Hygiene Adhesives Market, by Type
4.3 Non-Woven Hygiene Adhesives Market, Developed vs. Developing Countries
4.4 APAC Non-Woven Hygiene Adhesives Market, by Application and Country, 2019
4.5 Global Non-Woven Hygiene Adhesives Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Urban Population
5.2.1.2 Rising Penetration of Disposable Hygiene Products
5.2.1.3 Market Growth in Emerging Economies
5.2.1.4 Huge Investments in Developing Countries of APAC
5.2.1.5 Increasing Demand in Medical Care due to the COVID-19 Pandemic
5.2.2 Restraints
5.2.2.1 Stagnant Growth in the Baby Diaper Segment in Matured Markets
5.2.2.2 Volatile Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Growing Opportunities in the APAC Region for Manufacturing Adhesives
5.2.3.2 Growing Population and Changing Lifestyle
5.2.4 Challenges
5.2.4.1 Stringent Policies and Time-Consuming Regulatory Approvals
5.3 Porter's Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Macroeconomic Overview and Key Trends
5.4.1 Introduction
5.4.2 Trends and Forecast of GDP
5.4.2.1 Economic Outlook of the US
5.4.2.2 Economic Outlook of Germany
5.4.2.3 Economic Outlook of China
5.4.2.4 Economic Outlook of India
5.5 COVID-19 Impact Analysis
5.5.1 COVID-19 Economic Assessment
5.5.2 Major Economic Effects of COVID-19
5.5.3 Effects on GDP of Countries
5.5.4 Scenario Assessment
6 Non-Woven Hygiene Adhesives Market, by Technology
6.1 Introduction
6.2 Hot-Melt
6.2.1 High Demand for Hot-Melt-based Adhesives in Diaper and Feminine Hygiene Applications to Drive the Market
6.3 Others
6.3.1 Other Technology Includes Water-based Technology
7 Non-Woven Hygiene Adhesives Market, by Type
7.1 Introduction
7.2 Amorphous Poly Alpha Olefin (APAO)
7.2.1 APAO Non-Woven Hygiene Adhesives Offer Higher Cost-Effectiveness Than Other Adhesives
7.3 Styrenic Block Copolymer (SBC)
7.3.1 Ability to Function at Higher Temperatures Increasing the Use of SBC Non-Woven Hygiene Adhesives
7.4 Ethylene Vinyl Acetate (EVA)
7.4.1 Increasing Demand for Non-Woven Fabrics to Drive the EVA Segment
8 Non-Woven Hygiene Adhesives Market, by Application
8.1 Introduction
8.2 Baby Care
8.2.1 Growing Awareness About Hygiene Products in Developing Countries to Boost the Market in this Segment
8.3 Feminine Hygiene
8.3.1 Market in this Segment S Propelled by Increase in Working Women Population and Growing Sanitary Hygiene Awareness Among Women
8.4 Adult Incontinence
8.4.1 Growing Elderly Population Boosting the Demand for Adult Incontinence Products
8.5 Medical
8.5.1 Medical Segment is One of the Prominent Consumers of Non-Woven Hygiene Adhesives
8.6 Others
9 Non-Woven Hygiene Adhesives Market, by Region
9.1 Introduction
9.2 APAC
9.3 North America
9.4 Europe
9.5 Middle East & Africa
9.6 South America
9.6.1 Brazil
10 Competitive Landscape
10.1 Competitive Leadership Mapping
10.1.1 Terminology/Nomenclature
10.1.1.1 Visionary Leaders
10.1.1.2 Dynamic Differentiators
10.1.1.3 Innovators
10.2 Strength of Product Portfolio
10.3 Business Strategy Excellence
10.3.1 Small & Medium-Sized Enterprises (SMEs)
10.3.1.1 Progressive Companies
10.3.1.2 Starting Blocks
10.3.1.3 Responsive Companies
10.3.1.4 Dynamic Companies
10.4 Strength of Product Portfolio
10.5 Business Strategy Excellence
10.6 Market Ranking, 2019
10.7 Competitive Scenario
10.7.1 Investment & Expansion
10.7.2 Merger & Acquisition
10.7.3 New Product Launch
11 Company Profiles
11.1 Henkel AG
11.2 H.B. Fuller
11.3 Arkema (Bostik)
11.4 Moresco Corporation
11.5 Beardow & Adams (Adhesives) Ltd.
11.6 Lohmann-Koester
11.7 Adtek Malaysia Sdn. Bhd.
11.8 Colquimica Adhesives
11.9 Savare Specialty Adhesives
11.10 Palmetto Adhesives Company, Inc.
11.11 Other Key Companies
12 Adjacent/Related Markets
12.1 Introduction
12.2 Limitation
12.3 Adhesives & Sealants
12.3.1 Market Definition
12.3.2 Market Overview
12.3.3 Adhesives Market, by Formulating Technology
12.3.3.1 Water-based
12.3.3.2 Solvent-based
12.3.3.3 Hot-Melt
12.3.3.4 Reactive & Others
12.3.4 Adhesives Market, by Application
12.3.4.1 Paper & Packaging
12.3.4.2 Building & Construction
12.3.4.3 Woodworking
12.3.4.4 Automotive & Transportation
12.3.4.5 Consumer & DIY
12.3.4.6 Leather & Footwear
12.3.4.7 Assembly
12.3.4.8 Electronics
12.3.4.9 Medical
12.3.4.10 Others
12.3.5 Adhesives & Sealants Market, by Region
12.3.5.1 Asia-Pacific
12.3.5.2 North America
12.3.5.3 Europe
12.3.5.4 South America
12.3.5.5 Middle East & Africa
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: The Subscription Portal
13.3 Available Customizations
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