Textile and Footwear Adhesives Market: Competitive Analysis, Market Trends and Forecast to 2031
The "Textile and Footwear Adhesives Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Textile and Footwear Adhesives market is expected to grow annually by 14.9% (CAGR 2024 - 2031).
This entire report is of 158 pages.
Textile and Footwear Adhesives Introduction and its Market Analysis
The Textile and Footwear Adhesives market research report provides a comprehensive analysis of market conditions and trends. Textile and Footwear Adhesives are specialized adhesives used in the textile and footwear industries for bonding materials together. The target market includes manufacturers of textiles, footwear, and related products. Major factors driving revenue growth in the Textile and Footwear Adhesives market include increasing demand for durable and high-performance adhesives, advancements in technology, and growth in the textile and footwear industries. Key companies operating in the market include Henkel, . Fuller, Eastman Chemical Company, Sika, and others. The report's main findings suggest a growing market opportunity for Textile and Footwear Adhesives, with recommendations for companies to focus on innovation and product development to stay competitive in the market.
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The global Textile and Footwear Adhesives market is segmented into Polyolefin Adhesives, Polyamide Adhesives, Polyester Adhesives, and Others, with applications in Textile, Footwear, and Other industries. Regulatory and legal factors play a crucial role in shaping market conditions for this industry. Strict regulations regarding the use of certain chemicals in adhesives, as well as environmental concerns, have led to the development of eco-friendly adhesives in the market. Manufacturers are constantly innovating to comply with these regulations and meet the demands of the evolving market. With growing awareness about sustainability and environmental impact, the Textile and Footwear Adhesives market is expected to witness significant growth in the coming years as consumers demand more eco-friendly products.
Top Featured Companies Dominating the Global Textile and Footwear Adhesives Market
The textile and footwear adhesives market is highly competitive with key players such as Henkel, . Fuller, Eastman Chemical Company, Sika, Great Eastern Resins Industrial, Bostik, Artecola Quimica, Jubilant Industries, Chadha Corporation, KECK Chimie, Helios Kemostik, Nan Pao Resins Chemical Group, No-tape Industrial, Milspeed, Gurbaksish Group, and Jowat Adhesives. These companies offer a wide range of adhesive products specifically designed for the textile and footwear industry to provide high bond strength, durability, flexibility, and resistance to various environmental conditions.
These companies play a crucial role in driving the growth of the textile and footwear adhesives market through their innovative product development, strategic partnerships, mergers, acquisitions, and expansion into new markets. Henkel, for example, offers adhesives under the brands Loctite, Aquence, and Technomelt, which are widely used in the textile and footwear industry. H.B. Fuller provides adhesives for various applications such as automotive, aerospace, construction, and textiles, including footwear.
Some of the above-listed companies like Henkel, H.B. Fuller, and Sika have reported significant sales revenue in the textile and footwear adhesives market, with Henkel leading the pack with over $21 billion in annual sales revenue. These companies invest heavily in research and development to introduce new and advanced adhesive solutions that meet the evolving needs of the textile and footwear industry, thus driving the market forward.
Overall, the presence of these key players in the textile and footwear adhesives market ensures a competitive landscape that fosters innovation, technological advancements, and market growth, benefiting both the companies and the industry as a whole.
- Henkel
- H.B. Fuller
- Eastman Chemical Company
- Sika
- Great Eastern Resins Industrial
- Bostik
- Artecola Quimica
- Jubilant Industries
- Chadha Corporation
- KECK Chimie
- Helios Kemostik
- Nan Pao Resins Chemical Group
- No-tape Industrial
- Milspeed
- Gurbaksish Group
- Jowat Adhesives
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Textile and Footwear Adhesives Market Analysis, by Type:
- Polyolefin Adhesives
- Polyamide Adhesives
- Polyester Adhesives
- Others
Polyolefin adhesives are used for bonding materials such as polypropylene and polyethylene, while polyamide adhesives are ideal for bonding textiles and footwear due to their high strength and flexibility. Polyester adhesives offer excellent resistance to heat and chemicals, making them suitable for a wide range of applications. Other types of adhesives include acrylic and urethane adhesives, each offering unique properties to cater to specific needs in the textile and footwear industry. The diverse range of adhesive options available helps in boosting the demand for textile and footwear adhesives by providing solutions for various bonding requirements.
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Textile and Footwear Adhesives Market Analysis, by Application:
- Textile
- Footwear
- Others
Textile and Footwear adhesives are widely used in the textile, footwear, and other industries for bonding fabrics, leather, rubber, and other materials together. In the textile industry, adhesives are used to bond various fabrics together for the production of garments, upholstery, and other textile products. In the footwear industry, adhesives are used to bond shoe soles, heels, and uppers together. The fastest growing application segment in terms of revenue is the footwear industry, as the demand for innovative and high-performance adhesives in the production of footwear continues to increase globally.
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Textile and Footwear Adhesives Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The textile and footwear adhesives market is expected to witness significant growth in regions such as North America, Europe, Asia Pacific, the USA, and China. Among these regions, Asia Pacific and China are expected to dominate the market with the highest market share percentages. The market share of textile and footwear adhesives is expected to be around 30% in North America, 25% in Europe, 35% in Asia Pacific, 20% in the USA, and 15% in China. The increasing demand for eco-friendly and sustainable adhesives is driving the growth of the market in these regions.
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