Market Overview:

The Global Water Based Flocking Adhesive Market Size Was Valued At USD 1.58 Billion In 2022 And USD 2.42 Billion By 2030 With CAGR Of 5.5% From 2022 To 2030.

Flocking is the process of putting small fiber pieces into an adhesive layer by using electrostatic forces. This method can be used to make surfaces that are quiet, don't conduct electricity, slide easily, are easy to clean, and look nice. Flocking can also be used to insulate, reduce friction, and make things less clear. Flock adhesives are strong, can stand up to friction, can be washed, can be stored, and can handle both heat and cold. Before flocking, it's important to think about the properties of the substrate and the glue. After the flocking process, the final product needs to be resistant to solvents, easy to clean, stiff or flexible, colored, or flame-resistant. So, the substrate is chosen based on the qualities of the end product that are wanted.

Flock adhesives are used a lot in the automotive industry, and they are also being used more and more to make thermal insulation, car interiors, and other mechanical tools. This is expected to give the industry new growth opportunities. Flock adhesives help keep heat out of cars by making a seal around the windows. It is also used to keep car parts from making too much noise. It is also used to join things together, which helps to make a vehicle lighter. Long-term product demand is also expected to be boosted by the rising demand for lighter cars. But small and medium-sized manufacturers can't grow their markets because they have to pay a lot to start up and keep running.

Market Dynamics:

Market Trends:

• Advancements in Adhesive Technology

Research and development are still going on to improve the performance of water-based flocking adhesives, such as making them stick better, last longer, and work with more surfaces.

• Environmental Awareness and Sustainability

In the adhesives industry, environmental issues and long-term sustainability were getting more and more attention. People started using water-based flocking adhesives because they are thought to be better for the environment and less dangerous to human health than solvent-based ones.

Driving Factors:

• Increase in Demand for Flock Adhesives in Automotive Sector

Flock adhesives are great glues that can stick together different fibers or materials. It has important qualities like high bonding strength, light weight, chemical inertness, and flame resistance, which makes it a great choice for the automotive industry as an adhesive substrate. Car manufacturers are also drawn to flock adhesives as an adhesive substrate because of their better-engineered designs, comfort and flexibility, resistance to vibration, and ability to spread stress. It is mostly used in the inside of cars, like gloveboxes, seats, armrests, center consoles, and engine insulation. This helps the market grow.

People these days are more likely to want to buy a car that is comfortable and safe. Also, the rise in gas prices has made people look for lighter cars that can get more miles per gallon. Because of this, car companies like Hyundai, Renault, and Toyota have turned to flock adhesives to meet requirements. For example, the demand for the product SikaTherm, which is a high-quality flocking substrate, has gone up among automakers.

• Flock Printing to Surge the Market Growth

In flock printing, flock adhesives are used to stick fibers or other materials to other surfaces. In flock printing, small cotton, nylon, polyester, and wool fibers are electrostatically charged and stuck to other adhesive-coated characters with heat. Ink is used to print designs on fabrics, decorative papers, T-shirts, and wooden boards with flock printing.

People are becoming more aware of fashion and style, which has led to a huge rise in the demand for flock-printed clothes, decorative papers, and wooden boards. Also, young people in China and India are more interested in printed T-shirts and other clothing made with flock printing technology. So, these things should make more people want to use flock printing technology, which should help the market grow.

• Growing Demand for Technical Textile in the Transportation Industry

In the technical textile industry, flock adhesives are used a lot. As technical textiles have become more popular, so has the need for flock adhesives. It is used to make seat covers, airbags, filters, linings, etc. for cars. So, the need for flock adhesives would go up if the number of vehicles sold and made went up. The German Federal Motor Office says that sales of car brands like Volkswagen will go up by more than 15% in Germany by 2020. So, this rise in production is likely to keep the Flock Adhesives industry going over the next few years.

Restraints/Challenges:

• Fluctuating Prices of Raw Materials

Some of the raw materials used to make Flock Adhesives, like acrylic and epoxy resin, come from crude oil. So, it is likely that the changes in the crude oil process will slow down the growth of the market. In 2020, the price of a barrel of Brent crude fell to US$9.12, which was the lowest price since December 1998. India's Crude Oil Basket (COB) hit US$19.90 per barrel in April 2020, which was the lowest price since February 2002. During the first 11 months of 2020-2021, the average annual price of India's COB was about $42.72 per barrel, which was 30% less than the average COB price in 2019-2020. So, the rate of this kind of price uncertainty would affect the prices of the raw materials used to make adhesives in the Flock Adhesives Industry.

• Health Issues Associated with Flock Adhesives

Flock adhesives are used to give fabrics a velvet-like texture. It involves using very small flock fibers like nylon, acrylic adhesives, zeolites, and tannic acid. When flock workers breathe in these things, they get interstitial lung diseases. Depending on how much you are exposed to it, the infection can be mild or severe. For example, a lower explosive limit can cause your voice to crack, make it hard to breathe (dyspnea), and make you cough. Long-term exposure can cause chronic pneumonia and bronchiolitis. These health problems caused by flock adhesives slow the growth of the market for flock adhesives.

• Cost Considerations

Because they are harder to make and need more tools to apply and dry, flocking adhesives that are water-based can be more expensive than those that are solvent-based. Some manufacturers might not use these glues because they are more expensive, especially in price-sensitive markets.

Opportunities:

• Packaging Sectors to Open Opportunities for Flock Adhesives Market

Flock adhesives give packaging a smooth, velvet-like feel, which makes them a great choice for packaging jewelry. Also, people in both developed and developing economies are more likely to buy packaged items that have a touch of luxury. This helps the flock adhesives market to grow. Asia-Pacific also said that the demand for jewelry was going up, which could be good news for the flock adhesives market in the future.

• Advancements in Adhesive Technology

If research and development on adhesives keeps going, the performance and properties of water-based flocking adhesives are likely to get better. Innovations that improve things like the strength of the bond, the time it takes to dry, and the compatibility of the substrate can lead to new applications and markets.

• Emerging Markets

Due to the growth of industries like automobiles, textiles, and consumer goods, it was thought that the use of water-based flocking adhesives would increase in emerging economies. As these economies continue to grow and people's ability to spend money goes up, adhesive manufacturers will have more chances to sell their products in these markets.

Strategic Development:

• In May 2022 - Sika has agreed to sell Swiss company Aliva Equipment, which makes shotcrete equipment, to Normet Group Oy, a global company from Finland that makes solutions for underground construction.
• In March 2022 - Sika buys Sable Marco Inc., a Canadian company that makes cementitious and mortars. The acquisition, which is based in Pont Rouge, near Québec City, will open up new opportunities for Sika in the eastern part of Canada and give Sika much better access to the retail distribution channel. The company that was bought brings in CHF 20 million every year.
• In April 2021 - H.B. Fuller's FlextraTM Evolution brand introduced two new adhesives that can be recycled.

Key Vendors:

Top market players are

• B. Fuller

H.B. Fuller is one of the biggest adhesives companies in the world. They focus on improving adhesives, sealants, and other specialty chemical products to make products and people's lives better.

• DOW

Dow Inc. (Dow) is a company that works with materials. The company runs its business through The Dow Chemical Co, a wholly owned subsidiary (TDCC). Plastics, performance materials, coatings and silicones, and industrial intermediates are all part of the company's product line.

• Campbell Coutts Ltd

Campbell Coutts Ltd. is part of a number of non-profit groups that help small private businesses stay safe and grow.

• Bostik

Chemical products are made by Bostik SA. The company sells a wide range of glues, sealants, resins, polymers, bonding solutions, and coatings that can be used for many different things. Bostik has clients all over the world.

• Nan Pao

Nan Pao Resins Chemical Co., Ltd. is a company that makes synthetic resins, synthetic plastics, adhesives, resin coatings, dyes, and pigments. It sells these products wholesale and in stores. Its main products are glues, paints, building materials, and other things.

• KIWO

Kissel + Wolf (KIWO) is one of the top companies that makes direct emulsions, capillary films, chemicals for cleaning screens, and adhesives for printing on screens. KIWO also sells a wide range of Computer-to-Screen (CTS) and automatic emulsion coating equipment.

Segmentation Analysis:

The market is segmented on the basis of resin type, application and region.

By Resin Type:

The global flock adhesives market is divided into acrylic, polyurethane, epoxy, and other resin types. Acrylic was the most important part of the market, and it is expected to grow at a CAGR of 6% over the next few years. Acrylic flock adhesives have better bonding with low-energy substrates like PVC foils, polyester, polystyrene, and coated cellophanes. Along with the use of paper and board, acrylic flock adhesives help spread their use. Acrylic-based flock adhesives have great qualities, like being resistant to heat, water, and stains. The use of acrylic flock adhesives is growing in industries like polymers, fibers, and others. This is the main key market trend in the world. Plastic and polymer manufacturers like acrylic-based flock adhesives because they are resistant to wear and abrasion, are non-toxic, and are easy to fix. This could be one of the most important reasons why the flock adhesives market is growing as the plastics industry grows.

The market that is growing the fastest is polyurethane. Flock adhesives made from polyurethane have great qualities like resistance to heat and water, durability, and not getting stained. The use of polyurethane-based flock adhesives in industries like plastic, polymer fibers, and textiles is one of the most important market trends on a global scale. For example, 5399Aqueous Polyurethane, a high-quality polyurethane-based flocking adhesive substrate that is mostly used for PVC and plastics, has seen a rise in demand in the plastics and polymers industries. Plastic and polymer manufacturers like polyurethane-based flock adhesives because they are resistant to wear and abrasion, are non-toxic, and are easy to fix. This may be one of the main reasons why the plastic and polymeric industries, which are growing, will need more polyurethane-based flock adhesives.

The second largest segment is flock adhesive that is made with epoxy. It has great qualities like sticking to all kinds of materials, being tough, and being resistant to heat and chemicals. Epoxy resin-based flock adhesives are being used more and more in industries like automotive, plastics and polymers, metalworking, and glass. This is the main market trend. For example, the demand for high-quality epoxy-resin-based adhesive substrates like CPH5 and CPR5, which are mostly used for plastics, metals, and glass, has gone up in the automotive and metallurgy industries. The fact that it is light, strong, durable, and resistant to heat and chemicals makes it a great choice for car manufacturers. A lot of cars have these adhesives in their dashboards, roof interiors, and electric inside rearview mirrors (IRVMs). Also, the growing automobile industry is likely to see a rise in demand for epoxy-based flock adhesives. This is because epoxy-based flock adhesives are an important part of making cars lighter overall.

• Acrylic
• Polyurethane
• Epoxy Resin
• Others

By Application Outlook:

Depending on where they are used, the global flock adhesives market is split into automotive, textiles, paper and packaging, and other markets. The textiles segment contributed the most to the market, and it is expected to grow at a compound annual growth rate (CAGR) of 5.6% over the next five years. The use of flock adhesives in textiles like clothing, carpets and floors, coverings, and greeting cards is the most important market trend. For example, flock printing is often used to give fabrics like cotton, nylon, and polyester that have an adhesive coating a velvety feel. Texture, smooth grip, and resistance to wear and abrasion are some of the things that make it easier for textile manufacturers to make flock adhesive-based fabric products. Awareness of fashion and styling is also making more people want to buy fabrics that look good. Flock adhesives are a big part of making fabrics feel better, which is expected to boost the demand for textiles over the next few years.

The second largest segment and the one that is growing the fastest is the automotive segment. Flock adhesive-based fibers have great qualities, such as being light, comfortable, flexible, resistant to chemicals, and better for gas mileage. Flock adhesives are being used more and more in car parts like fiber insulation, seats, dashboards, gloveboxes, center consoles, and armrests. This is the most important market trend. For example, automakers have been buying a lot more SikaTherm®, which is a high-quality flocking substrate. It can be used in the inside of cars and other vehicles because it doesn't hold smells, is light, has a longer life cycle, and feels smooth. This makes the growing automotive industry need flock adhesives even more.

The third biggest part of the market is paper and packaging. Papers and packaging made with flock adhesives have great qualities, like an eye-catching look, clean and crisp printing on all colors, and a strong bond. The most important market trend in the world is the use of flock adhesives in industries like decorative papers, advertising banners, and packaging papers. For example, the paper and packaging industries reported a rise in demand for F58O6LV, a paper-based flock adhesive that can be used in many ways and is resistant to humidity. Due to the COVID-19 pandemic, the industry that makes decorative packaging expects sales to go up by 18.7% overall in 2020. Also, to get more customers, companies have started putting their products in packaging with new designs and flock adhesives. So, more competition between manufacturers in terms of sales and product packaging is likely to lead to good opportunities in the flock adhesives market for the paper and packaging sector.

• Automotive
• Textiles
• Paper & Packaging
• Others

Regional Insights:

Geographically, the global market for water-based flocking adhesive has been looked at in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA).

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report:

Conclusion:

• The report looks at the key organizations and companies in the global market and compares them based on their product offerings, business overviews, geographic presence, business strategies, segment market share.
• The report also has a detailed analysis of what's going on with the companies right now, including product development, new ideas, joint ventures, strategic alliances, and other things.
• The report gives information about market trends and highlights the most important changes in the market.
• In addition to the things listed above, the report also talks about a number of other things that have helped the advanced market grow in recent years.