Market Size of Flock Adhesives Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.79 Billion |
| Market Size (2029) | USD 3.67 Billion |
| CAGR (2024 - 2029) | > 5.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Flock Adhesives Market Analysis
The Flock Adhesives Market size is estimated at USD 2.79 billion in 2024, and is expected to reach USD 3.67 billion by 2029, growing at a CAGR of greater than 5.5% during the forecast period (2024-2029).
The COVID-19 pandemic negatively affected the market for flock adhesives. Due to nationwide lockdowns in several countries, strict social distancing measures resulted in the closure of textile manufacturing plants and automotive plants, thereby affecting the market for flock adhesives. However, the market registered a significant growth rate well after the restrictions were lifted. The market registered a growth rate due to the increasing demand for flock adhesives in automotive, textiles, paper, and packaging applications.
Increasing demand for coated fabrics and finished products, rising demand for lightweight, low carbon-emitting vehicles, and the increasing demand for flock adhesives in the Asia-Pacific region are expected to drive the market for flock adhesives.
On the flip side, volatility in raw material prices is expected to hinder the growth of the market.
The increasing demand for green, sustainable flock adhesives is expected to create opportunities for the market during the forecast period.
The Asia-Pacific region is expected to dominate the market. It is also expected to register the highest CAGR during the forecast period due to rising demand for flock adhesives in automotive, textiles, paper, and packaging applications.
