Europe Flock Adhesives Market Size, Share & Trends Analysis Report By Resin Type (Acrylic, Polyurethane, Epoxy Resin, and Others), By Application (Textiles, Automotive, Paper & Packaging, and Others) By Country and Growth Forecast, 2023 - 2030
The Europe Flock Adhesives Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 95.61 Kilo Tonnes, showcasing a growth of 4.0% (2019-2022).
Polyurethane-based flock adhesives are widely favored across industries such as automotive, textiles, and electronics. With its ability to bond to a diverse range of substrates including plastics, metals, and fabrics, polyurethane resin enhances the adhesion strength and longevity of flocked surfaces, ensuring reliable performance in demanding environments. Additionally, polyurethane-based flock adhesives exhibit excellent resistance to temperature fluctuations, chemicals, and moisture, making them suitable for both indoor and outdoor applications. Therefore, the Germany market will utilize 13.99 Kilo Tonnes of Polyurethane resin by 2030.
The Germany market dominated the Europe Flock Adhesives Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $188.2 Million by 2030. The UK market is exhibiting a CAGR of 4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.6% during (2023 - 2030).
One of the primary drivers behind the adoption of flock adhesives is their ability to enhance the aesthetic appeal of products. In the automotive, textiles, and packaging industries, there is a growing demand for visually appealing finishes that stand out. Flock adhesives enable manufacturers to achieve unique textures and finishes, adding a luxurious and tactile element to their products. This aesthetic enhancement has propelled the adoption of flock adhesives across various applications, from automotive interiors to premium packaging.
Moreover, Flock adhesives offer versatility and customization options that cater to diverse industry needs. Manufacturers can choose from various adhesive formulations to suit specific substrates, application requirements, and performance criteria. This flexibility allows for the customization of flocking solutions tailored to different industries, such as automotive, furniture, consumer goods, and textiles. As a result, the adoption of flock adhesives has expanded beyond traditional applications, driving growth in new market segments and industries.
In 2022, the U.K. Government planned to invest over 160 million dollars to improve infrastructure and aid local communities. This expenditure mainly focuses on developing and repairing four major road schemes: the road linking St Austell to the A30, Tyne Bridge, A34, and A35 Redbridge Causeway. The expenditure of £35.3 million for essential maintenance on the Tyne Bridge and adjacent Central Motorway, like enhancements to traffic management and cycle route facilities, will generate £130.5 million in economic benefits by enhancing local connectivity. Thus, all these factors will boost the regional market’s expansion in the coming years.
Based on Resin Type, the market is segmented into Acrylic, Polyurethane, Epoxy Resin, and Others. Based on Application, the market is segmented into Textiles, Automotive, Paper & Packaging, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Sika AG (Sika Automotive AG)
- H.B. Fuller Company
- The Dow Chemical Company
- Avient Corporation
- Parker Hannifin Corporation
- Stahl Holdings B.V.
- Nyatex Adhesive and Chemical Company
- CHT Germany GmbH (RB Beitlich Industrie Beteiligungen GmbH)
- Kissel + Wolf GmbH
- SwissFlock AG (Dimontonate Floccati S.p.A.)
Europe Flock Adhesives Market Report Segmentation
By Resin Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Acrylic
- Polyurethane
- Epoxy Resin
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Textiles
- Automotive
- Paper & Packaging
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe