DUBLIN, April 23, 2019 /PRNewswire/ -- The "Non-woven Adhesives Market by Technology (Hot-melt), Type (Styrenic Block Copolymers, Amorphous Poly Alpha Olefin, Ethylene Vinly Acetate), Application (Baby Care, Feminine Hygiene, Adult Incontinence, Medical), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The non-woven adhesives market size is projected to grow from USD 2 billion in 2018 to USD 3.1 billion, by 2023.
The market is witnessing a 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 2018 and 2023. The region accounted for the largest market share, in terms of value, of the overall non-woven adhesives market in 2017. 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.
Key players profiled in the report include Henkel AG (Germany), H.B. Fuller (US), Arkema (France), Moresco Corporation (Japan), Lohmann- Koester GmbH & Co.KG (Germany), Beardow & Adams (Adhesives) Ltd. (UK), ADTEK Malaysia Sdn Bhd (Malaysia), Colquimica Adhesives (Portugal), Savare Specialty Adhesives (Italy), and Palmetto Adhesives Company, Inc. (the US).
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 2018 and 2023. 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, between 2018 and 2023.
APAO is projected to be the fastest-growing segment of the market, in terms of both volume and value, between 2018 and 2023. 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
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.5 Unit Considered
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.2 Key Industry Insights
2.3.3 Breakdown of Primary Interviews
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Data Triangulation
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
4.5 Global Non-Woven Hygiene Adhesives Market Attractiveness
5 Market Overview
5.2 Market Dynamics
126.96.36.199 Increasing Urban Population
188.8.131.52 Rising Penetration of Disposable Hygiene Products
184.108.40.206 Growth of Emerging Economies
220.127.116.11 Huge Investments in Developing Countries of APAC
18.104.22.168 Stagnant Growth in the Baby Diaper Segment in Matured Markets
22.214.171.124 Volatile Raw Material Prices
126.96.36.199 Growing Opportunities in APAC Region for Manufacturing Adhesives
188.8.131.52 Growing Population and Changing Lifestyle
184.108.40.206 Stringent Policies and Time-Consuming Regulatory Approvals
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview and Key Trends
5.4.2 Trends and Forecast of GDP
220.127.116.11 Economic Outlook of the US
18.104.22.168 Economic Outlook of Germany
22.214.171.124 Economic Outlook of China
126.96.36.199 Economic Outlook of India
6 Non-Woven Hygiene Adhesives Market, By Technology
6.2.1 High Demand for Hot-Melt-Based Adhesives in Diaper and Feminine Hygiene Applications is Expected to Drive the Market
7 Non-Woven Hygiene Adhesives Market, By Type
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 is Increasing the Use of SBC Non-Woven Hygiene Adhesives
7.4 Ethylene Vinyl Acetate (EVA)
7.4.1 Increasing Demand for Non-Woven Fabrics is Likely to Drive the EVA Segment
8 Non-Woven Hygiene Adhesives Market, By Application
8.2 Baby Care
8.2.1 Growing Awareness About Hygiene Products in Developing Countries is Likely to Boost the Market in This Segment
8.3 Feminine Hygiene
8.3.1 The Market in This Segment is Propelled By Increase in Working Women Population and Increasing Sanitary Hygiene Awareness Among Women
8.4 Adult Incontinence
8.4.1 Growing Elderly Population is Boosting the Demand for Adult Incontinence Products, Globally
8.5.1 Medical Segment is One of the Prominent Consumers of Non-Woven Hygiene Adhesives, Globally
9 Non-Woven Hygiene Adhesives Market, By Region
9.3 North America
9.5 Middle East & Africa
9.6 South America
10 Competitive Landscape
10.1 Competitive Leadership Mapping (Overall Market)
10.1.1.1 Visionary Leaders
10.1.1.2 Dynamic Differentiators
10.1.2 Small & Medium-Sized Enterprises (SMSE)
10.1.2.1 Progressive Companies
10.1.2.2 Starting Blocks
10.1.2.3 Responsive Companies
10.1.2.4 Dynamic Companies
10.2 Market Ranking, 2017
10.3 Competitive Scenario
10.3.1 Investment & Expansion
10.3.2 Merger & Acquisition
10.3.3 New Product Launch
11 Company Profile
11.1 Henkel AG
11.1.1 Business Overview
11.1.2 Products Offered
11.1.3 Recent Developments
11.1.4 SWOT Analysis
11.1.5 MnM View
11.2 H.B. Fuller
11.4 Moresco Corporation
11.5 Beardow & Adams (Adhesives) Ltd.
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
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