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Non-Woven Adhesives Market Segments Analysis, Future Opportunity, Current Challenges, And Industry Forecast to 2030

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Non-Woven Adhesives Market Segments Analysis, Future Opportunity, Current Challenges, And Industry Forecast to 2030

December 04
08:41 2021
Non-Woven Adhesives Market Segments Analysis, Future Opportunity, Current Challenges, And Industry Forecast to 2030
Globally, Asia-Pacific occupied the leading position in the market in 2020, and it is expected to continue showing this trend in the upcoming years.

With rapid advancements in healthcare and medical sciences, the average life expectancy of people has increased massively. It has consequently caused a sharp surge in the population of geriatric people all over the globe. As geriatric people are highly vulnerable to various diseases that can make them bedridden or affect their physical movements, their rising population is positively impacting the demand for diapers, especially in developed nations, such as Japan, the U.S., and several Western European countries.

Apart from the mushrooming geriatric population, the rising prevalence of chronic diseases, such as cancer and diabetes, is also augmenting the burden on the healthcare sector, which is, in turn, fueling the expansion of the global non-woven adhesives market. Thus, in order to provide affordable healthcare to people and mitigate their healthcare expenses, several governments are increasing their healthcare expenditure, thereby fueling the expansion of the healthcare sector. As per various estimates, the global healthcare expenditure is expected to rise from $8.5 trillion in 2018 to more than $10 trillion by 2022.

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/non-woven-adhesives-market/report-sample

This is expected to push up the requirement for non-woven adhesives, owing to their high absorption rate and ability to provide secure and safe fixation and sterile dressing, that massively reduces the chances of contamination. Moreover, the use of these adhesives in wound dressing products helps healthcare practitioners in providing improved wound protection. The growing requirement for these adhesives in the healthcare sector is one of the major factors fueling the expansion of the non-woven adhesives market, with the market already reaching a revenue of ~$2.0 billion in 2020.

Among ethylene vinyl acetate (EVA), amorphous polyalpha olefin (APAO), and styrenic block copolymer (SBC), which are the most commonly used types of non-woven adhesives, the demand for the APAO variants was observed to be the highest during the last few years. This was because of the high shear resistance and peel strength that these products impart to disposable baby and adult hygiene products, which are increasingly being required, owing to the rising disposable income of people, their growing consciousness toward health and personal hygiene, and soaring population of old people.

In addition, these adhesives are also extensively used in medical products, which are themselves experiencing a massive rise in demand across the world. Geographically, the Asia-Pacific (APAC) region dominated the non-woven adhesives market in the past and the situation will remain unchanged in the coming years as well, as per the estimates of the market research organization, P&S Intelligence. This will be because of the rapid establishment of several non-woven hygiene product and adhesive producing plants, owing to the growing per capita income and low labor and raw material costs in the region.

Browse detailed report on Global Non-Woven Adhesives Market Size and Growth Forecast to 2030

Thus, the sales of non-woven adhesives will soar in the coming years, primarily because of their ballooning requirement in the healthcare sector, mushrooming population of geriatric people, rising incidence of chronic illnesses, growing consciousness of people toward hygiene, and burgeoning need for baby care products all over the world.

Market Size Breakdown by Segments

By Type

  • Amorphous Poly Alpha Olefin
  • Styrenic Block Copolymer
  • Ethylene Vinyl Acetate

By Application

  • Baby Care
  • Feminine Hygiene
  • Adult Incontinence
  • Medical

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • Saudi Arabia
    • South Africa

Browse Other Related Reports

Hot Melt Adhesives Market – Globally, the Asia-Pacific hot melt adhesives market generated the highest revenue in 2019, due to the presence of vast manufacturing hubs in China, India, Japan, and South Korea. Additionally, the regional market is also expected to retain its dominance throughout the forecast period. 

Adhesive Tapes Market – Across the globe, the adhesive tapes market registered substantial growth in Asia-Pacific in the past. This was primarily because of the rapid growth of many industries in the regional countries in the last few years. APAC countries such as India and China exhibited rapid economic progress over the past few years and this positively impacted the revenue growth of healthcare, automotive, and electrical and electronics industries. This, in turn, propelled the sales of adhesive tapes in the region.

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Website: https://www.psmarketresearch.com/market-analysis/non-woven-adhesives-market

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