According to Cognitive Market Research, the global Textile Binder Market size will be USD 2142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 856.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 642.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 492.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 107.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 42.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
The fastest-growing segment in the End-Use Industry is Medical Textiles, driven by increasing demand for hygiene and protective medical products.
