Fabric Glue Market Size Worth $19.9 Billion by 2031 | CAGR: 6.8%: AMR

Surge in demand for peracetic acid from food & beverages industry in food processing and packaging of products, including juices, soft drinks, milk, and tea, extensive utilization of peracetic acid as a sanitizer in the brewing industry, and increase in use of peracetic acid in the pharmaceutical industry are expected to drive the growth of the global peracetic acid market. Surge in demand for sanitizer, cleaning & disinfection products during the pandemic had a positive impact on the growth of the global peracetic acid market.

Based on type, the temporary segment held nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The permanent segment, however, would manifest the fastest CAGR of 7.0% throughout the forecast period.

Based on end-use industry, the industrial segment held nearly one-third of the total market revenue in 2021, and is expected to dominate by 2031. The automotive segment, on the other hand, would cite the fastest CAGR of 7.3% throughout the forecast period.

Based on region, the market across Asia-Pacific generated more than two-fifths of the global market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also manifest the fastest CAGR of 7.3% during the forecast period. The other provinces analyzed in the report include Europe, North America, and LAMEA.

The key market players analyzed in the global fabric glue market report include Beacon Adhesives Inc., Cattie Adhesives, Duncan Enterprises Company, Tear Mender, Frameware LLC, Gutermann GmbH, Arkema, H.B. Fuller Company, Henkel, Nanpao Resins Chemical Group, Permatex Canada Inc., Pidilite Industries Ltd., Odif USA, Prestige Coating Limited, and Prym Consumer USA Inc. The report provides a detailed analysis of these key players of the global medical tape market. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.