Non-Woven Adhesive Market Size Global Industry Share, Outlook, Growth Rate Analysis and Key Players

Non-Woven Adhesive Market Share, Global Industry Analysis, Price, size, Leading Player and Challenges by 2023

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Non-Woven Adhesive Market 2019-2023 Non-Woven Adhesive Market 2019 Global Key Players, Industry Size, Share, Demand, Growth Analysis, Revenue and Forecast 2023 Non-Woven Adhesive Market : Non-Woven Adhesive are chemical compounds added to lubricating oil to provide new properties or enhance the present properties of the base oil. Some additives help suppress the undesirable properties of the base oil as well.

These additives are mainly applicable in the automotive industry to allow for the safe and efficient working of the engine, gearbox, and other assembly.

Moreover, this product is used in compressors and refrigeration systems to increase the lifespan of the machine. The additives that enhance the existing properties of the lubricating oil are anti-foaming agents, corrosion inhibitors, and antioxidants, whereas pour-point depressants and viscosity index improvers help suppress the undesirable properties of the base oils. In addition, detergents, extreme-pressure additives, and emulsifiers provide new properties to the base oils.

The key players operating in this market are adopting various business strategies such as product launches, expansions, joint ventures, agreements, R&D, and acquisitions to gain significant market shares. For instance, on 7 September 2017, BASF India Limited, a subsidiary of BASF SE, inaugurated its new technical laboratory for fuel and lubricant solutions at its Navi Mumbai plant in India. The laboratory mainly focuses on oil packages for turbines, hydraulics and compressors, and the latest-generation tractors by achieving better fuel efficiencies and enhancing the lifetime of the complex machinery.

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Non-Woven Adhesive Market 2019

Top Competitive Analysis: • Lohmann-Koester GmbH & Co. KG • H.B. Fuller Company • ADTEK Consolidated Sdn Bhd • Beardow Adams • Palmetto Adhesives • Bostik • Moresco Corporation • Henkel AG & Co. KGaA • Savare Specialty Adhesives

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Non-Woven Adhesive Market 2019

Industry/ Innovation/ Related News: June 05, 2018 – 3M Inc. (US), a multinational conglomerate corporation operating in the fields of industry, health care, and consumer goods announced that it is expanding its popular line of extended wear medical adhesives including a single coated medical, extended wear adhesive nonwoven tape that offers omnidirectional stretch for stronger conformability and breathability.

Global Non-Woven Adhesive Market Regional Analysis: The Asia Pacific region accounts for the leading market for non-woven adhesive followed by the North American and European region, respectively. The APAC market is growing steadily due to the rapid industrialization and urbanization in the region. Furthermore, improving economic conditions impacts the growth of the non-woven adhesive market in the region. APAC countries like China, Malaysia, Indonesia, and India are major markets growthcentric markets for non-woven adhesives in the region.

Non-woven adhesives market in the North American region stands at the second position in terms of size. Factors substantiating the market growth include the high consumption of single-use nonwoven tapes in the healthcare sector. The region is estimated to create a substantial revenue pocket in the global market by 2023.

The European region is rapidly emerging as one of the promising markets for Non-woven adhesives, globally. The market growth is majorly fostered by the increasing demand and sales in the automotive industry, especially in the U.K., France, Italy, and Germany. Moreover, well-spread awareness towards health and hygiene in the region has led to the increased use of non-woven adhesives in the healthcare industry.

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Non-Woven Adhesive Market 2019

Market Segmentation: Non-Woven Adhesive Market Segmentation

MRFR has segmented its analysis into four key dynamics for the convenience of understanding;

By Types: Styrenic Block Copolymers (SBC) and Poly Alpha Olefins (APAO) among others.

By Applications: Baby Care, Feminine Hygiene, Adult Incontinence Products, Automotive Liners & Covers, and Construction Materials, among others.

By End-Use Industries: Healthcare, Automotive, and Construction among others.

By Regions: North America, Europe, APAC, and the Rest-of-the-World.

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