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Non-Woven Adhesives Market Size

Report ID: GMI8351
Published Date: Feb 2024
Report Format: PDF

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Non-Woven Adhesives Market Size

Non-Woven Adhesives Market was valued at around USD 2.9 billion in 2023 and is anticipated to register a CAGR of over 9.6% between 2024 and 2032. The industry has experienced notable growth in recent years, driven by the increasing demand for non-woven products in various applications such as hygiene, medical, and automotive industries.

Non-Woven Adhesives Market

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The rise in disposable income, changing lifestyles, and growing awareness about personal hygiene have bolstered the demand for non-woven products, consequently fueling the need for specialized adhesives. Non-woven adhesives offer advantages like enhanced bonding strength, flexibility, and improved performance, thereby finding extensive usage in the assembly of diapers, feminine hygiene products, and medical dressings.

Non-Woven Adhesives Market Report Attributes
Report Attribute	Details
Base Year:	2023
Non-Woven Adhesives Market Size in 2023:	USD 2.9 billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	9.6%
2032 Value Projection:	USD 6.2 billion
Historical Data for:	2018 – 2023
No. of Pages:	300
Tables, Charts & Figures:	250
Segments covered:	Technology, Type, Application
Growth Drivers:	Rising Demand for Non-Woven Products Changing Lifestyles and Awareness Technological Advancements
Pitfalls & Challenges:	Fluctuating Raw Material Prices Competition and Price Sensitivity

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Additionally, the automotive sector's focus on lightweight and eco-friendly materials has further propelled the adoption of non-woven adhesives in manufacturing interior components. With ongoing technological advancements and innovations in adhesive formulations to meet specific industry requirements, the global market is anticipated to witness sustained growth in the foreseeable future. However, regulatory considerations and environmental concerns regarding adhesive compositions may present challenges for market players, prompting the industry to explore eco-friendly alternatives.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for non-woven adhesives was USD 2.9 billion in 2023 and is expected to register over 9.6% CAGR from 2024-2032 owing to the increasing demand for non-woven products in various applications such as hygiene, medical, and automotive industries worldwide.

Non-woven adhesives industry from the hot melt adhesives segment held 64.6% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their quick-setting properties and strong bonding capabilities.

North America industry for non-woven adhesives reached USD 0.72 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of robust manufacturing infrastructure, coupled with a high level of technological innovation in the region.

3M, Arkema, Bostik, H.B. Fuller, and Henkel AG & Co. KGaA, are some of the major non-woven adhesives companies worldwide.