The global Industrial Hook & Loop market was valued at 2037.28 Million USD in 2021 and will grow with a CAGR of 4.92% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Velcro (Hook & Loop) consists of two components: typically, two lineal fabric strips (or, alternatively, round "dots" or squares) which are attached (sewn or otherwise adhered) to the opposing surfaces to be fastened. The first component features tiny hooks, the second features smaller loops. When the two are pressed together the hooks catch in the loops and the two pieces fasten or bind temporarily. When separated, by pulling or peeling the two surfaces apart, the strips make a distinctive "ripping" sound.Global Industrial Hook & Loop key players include Velcro, Paiho, KHeyi, Jianli, etc. Global top four manufacturers hold a share about 30%. China is the largest market, with a share about 30%, followed by Europe, and North America, both have a share over 30 percent. In terms of product, Nylon is the largest segment, with a share over 65%. And in terms of application, the largest application is Footwear & Apparel, followed by Transportation, Industrial Manufacturing, Medical, etc.

By Market Verdors:

Velcro

3M

APLIX

Kuraray Group

YKK

Paiho

Jianli

Heyi

Binder

Shingyi

Lovetex

Essentra Components

HALCO

Krahnen＆Gobbers

Dunlap

DirecTex

Jieji

ISHI-INDUSTRIES

Tesa

Magic Fastners

Siddharth Filaments Pvt. Ltd.

By Types:

Nylon

Polyester

By Applications:

Footwear & Apparel

Transportation

Industrial Manufacturing

Medical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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