Contact Adhesive Market size is expected to reach 7.70 US$ Bn by 2030, at a CAGR of 5.25% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Contact Adhesive Market Dynamics:
The contact adhesive market is driven by properties such as less cure time, strong bond, and better adhesion to a variety of substrates in contact adhesive products; while the said market is slowly shifting to water-based adhesives driven by the requirement of environmental compliance for various end-use industries. Technological advancements are also expected to fuel the demand for contact adhesives.Segment Analysis:
The contact adhesive market based on resin type is segmented into neoprene, polyurethane, acrylic, SBC, and others. The neoprene segment is expected to be one of the major contributors to the market of contact adhesives because of its easy availability and wide adequacy in end-use industries. Based on technology, the solvent-based segment is the most broadly-used technology in the formulation of contact adhesives as these adhesives possess unique characteristics, such as temperature, humidity, and discoloration resistance. But water-based adhesives are about to get demand in near future owing to stringent regulation enacted concerned with VOC emission. The automotive segment in the end-use industry is expected to grow at the highest CAGR during the forecast period. Technological improvements in the automotive industry and growing demand for specialty contact adhesives are factors expected to drive market growth.Regional Insights:
Geographically, Asia Pacific is expected to be one of the largest fastest-growing markets for contact adhesives. Cumulative use of contact adhesives in the automotive, woodworking, leather & footwear, and construction industries and high economic growth in manufacturing industries are expected to drive the growth in this region.Contact Adhesive Industry Ecosystem
The objective of the report is to present a comprehensive analysis of the Global Contact Adhesive Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Contact Adhesive Market dynamics, structure by analyzing the market segments and projects the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.Contact Adhesive Market Scope: Inquire before buying
Contact Adhesive Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.38 Bn. Forecast Period 2024 to 2030 CAGR: 5.25% Market Size in 2030: US $ 7.70 Bn. Segments Covered: by Resin Type Neoprene Polyurethane Acrylic SBC Others by Technology Solvent-based Water-based Others by End-use Industry Woodworking Automotive Construction Leather & footwear Others Contact Adhesive Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina and Rest of South America)Contact Adhesive Market Key Players:
1. 3M Company (St. Paul, USA) 2. Henkel AG & Co. KGaA (Düsseldorf, Germany) 3. Sika AG (Baar, Switzerland) 4. Arkema S.A. (Colombes, France) 5. H.B. Fuller Company (Vadnais Heights, USA) 6. Dow Inc. (Midland, USA) 7. Avery Dennison Corporation (Glendale, USA) 8. Bostik SA (Colombes, France) 9. Royal Adhesives & Sealants (South Bend, USA) 10. Ashland Global Holdings Inc. (Wilmington, USA) 11. Illinois Tool Works Inc. (ITW) (Glenview, USA) 12. Franklin International (Columbus, USA) 13. Pidilite Industries Ltd. (Mumbai, India) 14. Huntsman Corporation (The Woodlands, USA) 15. LORD Corporation (Cary, USA) 16. Wacker Chemie AG (Munich, Germany) 17. Mapei S.p.A. (Milan, Italy) 18. Permabond LLC (Bridgewater, USA) 19. Master Bond Inc. (Hackensack, USA) 20. Kleiberit Adhesives (Weingarten, Germany)FAQs:
1. Which region has the largest share in Global Contact Adhesive Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Contact Adhesive Market? Ans: The Global market is growing at a CAGR of 5.25% during forecasting period 2023-2030. 3. What is scope of the Global Contact Adhesive market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Contact Adhesive market? Ans: The important key players in the Global market are – Henkel (Germany), 3M (US), Bostik (France), H.B. Fuller (US), Illinois Tool Works (US), Sika (Switzerland), Pidilite Industries (India), Royal Adhesives & Sealants (US), Huntsman International (US), and Jubilant Industries (India) 5. What is the study period of this market? Ans: The Global market is studied from 2018 to 2030.
1. Global Contact Adhesive Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Contact Adhesive Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Company Location 2.5.3. Product Segment 2.5.4. End-user Segment 2.5.5. Revenue (2023) 2.5.6. Growth Rate (Y-O-Y in %) 2.5.7. Key Development 2.5.8. Market Share 2.6. Industry Ecosystem Analysis 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Consolidation of the Market 2.8.1. Strategic Initiatives and Developments 2.8.2. Mergers and Acquisitions 2.8.3. Collaborations and Partnerships 2.8.4. Product Launches and Innovations 3. Global Contact Adhesive Market: Dynamics 3.1. Contact Adhesive Market Trends 3.2. Contact Adhesive Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.5.1. Raw Material Sourcing 3.5.2. Manufacturing 3.5.3. Distribution 3.5.4. End-Users 3.6. Technology Analysis 3.7. Regulatory Landscape 3.7.1. Regulations by Region 3.7.2. Standards 3.7.2.1. Adhesive Bonds of Plastic Material: ISO 19095 3.7.2.2. Determination of Tensile Lap-Shear Strength of Rigid to Rigid Bonded Assemblies: ISO4587 3.7.2.3. Lap Shear Adhesion for Metals: ASTM D1002 3.7.2.4. Peel or Stripping Strength of Adhesive Bonds: ASTM D903 3.7.3. Regulatory Bodies, Government Agencies, and Other Organizations 3.8. Trade Analysis 3.8.1. HS Code 3.8.2. Import Scenario 3.8.3. Export Scenario 3.9. Pricing Analysis 3.9.1. Average Selling Price Trend by Region 3.9.2. Average Selling Price Trend by Key Players 3.10. Patent Analysis 3.11. Supply Chain Analysis 3.11.1. Raw Material Procurement 3.11.2. Manufacturing Process 3.11.3. Distribution and Logistics 3.11.4. Conversion and Processing 4. Global Contact Adhesive Market: Global Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 4.1. Global Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 4.1.1. Neoprene 4.1.2. Polyurethane 4.1.3. Acrylic 4.1.4. SBC 4.1.5. Others 4.2. Global Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 4.2.1. Solvent-based 4.2.2. Water-based 4.3. Global Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 4.3.1. Woodworking 4.3.2. Automotive 4.3.3. Construction 4.3.4. Leather & footwear 4.3.5. Others 4.4. Global Contact Adhesive Market Size and Forecast, by Region (2023-2030) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Contact Adhesive Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 5.1. North America Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 5.1.1. Neoprene 5.1.2. Polyurethane 5.1.3. Acrylic 5.1.4. SBC 5.1.5. Others 5.2. North America Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 5.2.1. Solvent-based 5.2.2. Water-based 5.3. North America Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 5.3.1. Woodworking 5.3.2. Automotive 5.3.3. Construction 5.3.4. Leather & footwear 5.3.5. Others 5.4. North America Contact Adhesive Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 5.4.1.1.1. Neoprene 5.4.1.1.2. Polyurethane 5.4.1.1.3. Acrylic 5.4.1.1.4. SBC 5.4.1.1.5. Others 5.4.1.2. United States Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 5.4.1.2.1. Solvent-based 5.4.1.2.2. Water-based 5.4.1.3. United States Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 5.4.1.3.1. Woodworking 5.4.1.3.2. Automotive 5.4.1.3.3. Construction 5.4.1.3.4. Leather & footwear 5.4.1.3.5. Others 5.4.2. Canada 5.4.2.1. Canada Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 5.4.2.1.1. Neoprene 5.4.2.1.2. Polyurethane 5.4.2.1.3. Acrylic 5.4.2.1.4. SBC 5.4.2.1.5. Others 5.4.2.2. Canada Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 5.4.2.2.1. Solvent-based 5.4.2.2.2. Water-based 5.4.2.3. Canada Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 5.4.2.3.1. Woodworking 5.4.2.3.2. Automotive 5.4.2.3.3. Construction 5.4.2.3.4. Leather & footwear 5.4.2.3.5. Others 5.4.3. Mexico 5.4.3.1. Mexico Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 5.4.3.1.1. Neoprene 5.4.3.1.2. Polyurethane 5.4.3.1.3. Acrylic 5.4.3.1.4. SBC 5.4.3.1.5. Others 5.4.3.2. Mexico Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 5.4.3.2.1. Solvent-based 5.4.3.2.2. Water-based 5.4.3.3. Mexico Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 5.4.3.3.1. Woodworking 5.4.3.3.2. Automotive 5.4.3.3.3. Construction 5.4.3.3.4. Leather & footwear 5.4.3.3.5. Others 6. Europe Contact Adhesive Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 6.1. Europe Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.2. Europe Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.3. Europe Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4. Europe Contact Adhesive Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.1.2. United Kingdom Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.1.3. United Kingdom Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.2. France 6.4.2.1. France Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.2.2. France Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.2.3. France Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.3. Germany 6.4.3.1. Germany Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.3.2. Germany Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.3.3. Germany Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.4.2. Italy Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.4.3. Italy Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.5. Spain 6.4.5.1. Spain Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.5.2. Spain Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.5.3. Spain Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.6.2. Sweden Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.6.3. Sweden Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.7. Russia 6.4.7.1. Russia Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.7.2. Russia Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.7.3. Russia Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 6.4.8.2. Rest of Europe Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 6.4.8.3. Rest of Europe Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7. Asia Pacific Contact Adhesive Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 7.1. Asia Pacific Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.2. Asia Pacific Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.3. Asia Pacific Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.4. Asia Pacific Contact Adhesive Market Size and Forecast, by Industry (2023-2030) 7.5. Asia Pacific Contact Adhesive Market Size and Forecast, by Country (2023-2030) 7.5.1. China 7.5.1.1. China Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.1.2. China Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.1.3. China Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.2. S Korea 7.5.2.1. S Korea Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.2.2. S Korea Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.2.3. S Korea Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.3. Japan 7.5.3.1. Japan Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.3.2. Japan Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.3.3. Japan Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.4. India 7.5.4.1. India Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.4.2. India Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.4.3. India Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.5. Australia 7.5.5.1. Australia Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.5.2. Australia Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.5.3. Australia Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.6. ASEAN 7.5.6.1. ASEAN Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.6.2. ASEAN Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.6.3. ASEAN Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 7.5.7. Rest of Asia Pacific 7.5.7.1. Rest of Asia Pacific Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 7.5.7.2. Rest of Asia Pacific Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 7.5.7.3. Rest of Asia Pacific Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 8. Middle East and Africa Contact Adhesive Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 8.1. Middle East and Africa Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 8.2. Middle East and Africa Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 8.3. Middle East and Africa Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 8.4. Middle East and Africa Contact Adhesive Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 8.4.1.2. South Africa Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 8.4.1.3. South Africa Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 8.4.2. GCC 8.4.2.1. GCC Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 8.4.2.2. GCC Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 8.4.2.3. GCC Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 8.4.3. Rest of ME&A 8.4.3.1. Rest of ME&A Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 8.4.3.2. Rest of ME&A Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 8.4.3.3. Rest of ME&A Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 9. South America Contact Adhesive Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 9.1. South America Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 9.2. South America Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 9.3. South America Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 9.4. South America Contact Adhesive Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 9.4.1.2. Brazil Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 9.4.1.3. Brazil Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 9.4.2.2. Argentina Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 9.4.2.3. Argentina Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 9.4.3. Rest of South America 9.4.3.1. Rest of South America Contact Adhesive Market Size and Forecast, by Resin Type (2023-2030) 9.4.3.2. Rest of South America Contact Adhesive Market Size and Forecast, by Technology (2023-2030) 9.4.3.3. Rest of South America Contact Adhesive Market Size and Forecast, by End-User Industry (2023-2030) 10. Company Profile: Key Players 10.1. 3M Company (St. Paul, USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Henkel AG & Co. KGaA (Düsseldorf, Germany) 10.3. Sika AG (Baar, Switzerland) 10.4. Arkema S.A. (Colombes, France) 10.5. H.B. Fuller Company (Vadnais Heights, USA) 10.6. Dow Inc. (Midland, USA) 10.7. Avery Dennison Corporation (Glendale, USA) 10.8. Bostik SA (Colombes, France) 10.9. Royal Adhesives & Sealants (South Bend, USA) 10.10. Ashland Global Holdings Inc. (Wilmington, USA) 10.11. Illinois Tool Works Inc. (ITW) (Glenview, USA) 10.12. Franklin International (Columbus, USA) 10.13. Pidilite Industries Ltd. (Mumbai, India) 10.14. Huntsman Corporation (The Woodlands, USA) 10.15. LORD Corporation (Cary, USA) 10.16. Wacker Chemie AG (Munich, Germany) 10.17. Mapei S.p.A. (Milan, Italy) 10.18. Permabond LLC (Bridgewater, USA) 10.19. Master Bond Inc. (Hackensack, USA) 10.20. Kleiberit Adhesives (Weingarten, Germany) 11. Key Findings & Analyst Recommendations 12. Contact Adhesive Market: Research Methodology 12.1. Top-Down Approach 12.2. Bottom-up Approach 12.3. Market Breakdown and Data Triangulation 12.4. Research Assumption 12.5. Recession Impact