26-Apr-19 Non-woven hygiene adhesives are manufactured using base polymers and tackifiers. These adhesives account for a small portion of the overall adhesives market. The non-woven adhesives market size is projected to grow from US$2 bln in 2018 to US$3.1 bln by 2023, as per ResearchAndMarkets.com.
They are available in three major types, amorphous poly alpha olefin (APAO), styrenic block copolymers (SBC), and ethylene vinyl acetate (EVA). Non-woven hygiene adhesives are widely used in applications such as baby care, feminine hygiene, adult incontinence, medical, and other applications, including pet pads and bath tissues & towel.
The market for non-woven hygiene adhesives is witnessing a high growth due to rising demand from emerging applications such as baby care, feminine hygiene, and adult incontinence. The APAC market exhibits strong growth potential and is projected to reach a market size of US$1,015.34 mln by 2023, at a CAGR of 11.58% between 2018 and 2023. The region accounted for a share of 27.9%, in terms of value, of the overall non-woven hygiene adhesives market in 2017.
Furthermore, this market is projected to witness the highest CAGR due to the growing demand from end users. Research institutions and various manufacturers are taking initiatives and making huge investments in Research & Development (R&D) for the technological development of non-woven hygiene adhesives, in terms of performance, efficiency, durability, and also to improve the properties of non-woven products.
The major players in the market are Henkel AG (Germany), Bostik SA (France), H.B. Fuller (US), Lohmann- Koester GmbH & Co.KG (Germany), Beardow Adams Ltd. (UK), and ADTEK Malaysia Sdn Bhd (Malaysia). These key players have adopted organic growth strategies such as investment & expansion and new product launch to increase their market shares.
