Contact Adhesive Market size is expected to reach 7.70 US$ Bn in year 2029, 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. 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: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.38 Bn. Forecast Period 2023 to 2029 CAGR: 5.25% Market Size in 2029: US $ 7.70 Bn. Segments Covered: by Resin Type Neoprene Polyurethane Acrylic SBC Others by Technology Solvent-based Water-based 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. Henkel (Germany) 2. 3M (US) 3. Bostik (France) 4. H.B. Fuller (US) 5. Illinois Tool Works (US) 6. Sika (Switzerland) 7. Pidilite Industries (India) 8. Royal Adhesives & Sealants (US) 9. Huntsman International (US) 10. Jubilant Industries (India) Frequently Asked Questions: 1. Which region has the largest share in Global Contact Adhesive Market? Ans: Asia Pacific region held the highest share in 2022. 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 2023-2029. 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 2022 to 2029.
Global Contact Adhesive Market
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3.MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. Global CONTACT ADHESIVE MARKET, BY RESIN TYPE (2022-2029) 5.1. Introduction 5.2. Global Contact Adhesive Market, by Neoprene 5.2.1. Neoprene Market Overview 5.2.2. Neoprene Market Size & Forecast 5.3. Global Contact Adhesive Market, by Polyurethane 5.3.1. Polyurethane Market Overview 5.3.2. Polyurethane Market Size & Forecast 5.4. Global Contact Adhesive Market, by Acrylic 5.4.1. Acrylic Market Overview 5.4.2. Acrylic Market Size & Forecast 5.5. Global Contact Adhesive Market, by Styrene Butadiene Copolymer (SBC) 5.5.1. Styrene Butadiene Copolymer Market Overview 5.5.2. Styrene Butadiene Copolymer Market Size & Forecast 5.6. Global Contact Adhesive Market, by Others 5.6.1. Others Market Overview 5.6.2. Others Market Size & Forecast 6. GLOBAL CONTACT ADHESIVE MARKET, BY TECHNOLOGY (2022-2029) 6.1. Introduction 6.2. Global Contact Adhesive Market, by Solvent-Based 6.2.1. Solvent-Based Market Overview 6.2.2. Solvent-Based Market Size & Forecast 6.3. Global Contact Adhesive Market, by Water-Based 6.3.1. Water-Based Market Overview 6.3.2. Water-Based Market Size & Forecast 7. GLOBAL CONTACT ADHESIVE MARKET, BY END-USE INDUSTRY (2022-2029) 7.1. Introduction 7.2. Global Contact Adhesive Market, by Woodworking 7.2.1. Woodworking Market Overview 7.2.2. Woodworking Market Size & Forecast 7.3. Global Contact Adhesive Market, by Automotive 7.3.1. Automotive Market Overview 7.3.2. Automotive Market Size & Forecast 7.4. Global Contact Adhesive Market, by Leather & Footwear 7.4.1. Leather & Footwear Market Overview 7.4.2. Leather & Footwear Market Size & Forecast 7.5. Global Contact Adhesive Market, by Construction 7.5.1. Construction Market Overview 7.5.2. Construction Market Size & Forecast 7.6. Global Contact Adhesive Market, by Others 7.6.1. Others Market Overview 7.6.2. Others Market Size & Forecast 8. GLOBAL CONTACT ADHESIVE MARKET, BY GEOGRAPHY (2022-2029) 8.1. North America Contact Adhesive Market 8.1.1. North America Contact Adhesive Market, by Resin Type 8.1.2. North America Contact Adhesive Market, by Technology 8.1.3. North America Contact Adhesive Market, by End-use Industry 8.1.4. North America Contact Adhesive Market, by Region 8.1.4.1. U.S. Contact Adhesive Market 8.1.4.2. Canada Contact Adhesive Market 8.1.4.3. Rest of North America Contact Adhesive Market 8.2. Europe Contact Adhesive Market 8.2.1. Europe Contact Adhesive Market, by Resin Type 8.2.2. Europe Contact Adhesive Market, by Technology 8.2.3. Europe Contact Adhesive Market, by End-use Industry 8.2.4. Europe Contact Adhesive Market, by Region 8.2.4.1. France Contact Adhesive Market 8.2.4.2. Germany Contact Adhesive Market 8.2.4.3. U.K .Contact Adhesive Market 8.2.4.4. Rest of Europe Contact Adhesive Market 8.3. Asia Pacific Contact Adhesive Market 8.3.1. Asia-Pacific Contact Adhesive Market, by Resin Type 8.3.2. Asia-Pacific Contact Adhesive Market, by Technology 8.3.3. Asia-Pacific Contact Adhesive Market, by End-use Industry 8.3.4. Asia-Pacific Contact Adhesive Market, by Region 8.3.4.1. China Contact Adhesive Market 8.3.4.2. Japan Contact Adhesive Market 8.3.4.3. India Contact Adhesive Market 8.3.4.4. Australia Contact Adhesive Market 8.3.4.5. South Korea Contact Adhesive Market 8.3.4.6. Rest of Asia Pacific Contact Adhesive Market 8.4. Middle East & Africa Contact Adhesive Market 8.4.1. Middle East & Africa Contact Adhesive Market, by Resin Type 8.4.2. Middle East & Africa Contact Adhesive Market, by Technology 8.4.3. Middle East & Africa Contact Adhesive Market, by End-use Industry 8.4.4. Middle East & Africa Contact Adhesive Market, by Region 8.4.4.1. South Africa Contact Adhesive Market 8.4.4.2. Egypt Contact Adhesive Market 8.4.4.3. Nigeria Contact Adhesive Market 8.4.4.4. Rest of Middle East & Africa Contact Adhesive Market 8.5. Latin America Contact Adhesive Market 8.5.1. Latin America Contact Adhesive Market, by Resin Type 8.5.2. Latin America Contact Adhesive Market, by Technology 8.5.3. Latin America Contact Adhesive Market, by End-use Industry 8.5.4. Latin America Contact Adhesive Market, by Region 8.5.4.1. Brazil Contact Adhesive Market 8.5.4.2. Argentina Contact Adhesive Market 8.5.4.3. Columbia Contact Adhesive Market 8.5.4.4. Mexico Contact Adhesive Market 8.5.4.5. Rest of Latin America Contact Adhesive Market 9. MARKET COMPETITION ANALYSIS 9.1 Market Share/Positioning Analysis 9.2 Key Innovators 9.3 Company Profiles 9.3.1 Henkel 9.3.1.1 Overview 9.3.1.2 Products/ End-User 9.3.1.3 Strategy 9.3.1.4 Key Developments 9.3.2 3M 9.3.2.1 Overview 9.3.2.2 Products/ End-User 9.3.2.3 Strategy 9.3.2.4 Key Developments 9.3.3 Bostik 9.3.3.1 Overview 9.3.3.2 Products/ End-User 9.3.3.3 Strategy 9.3.3.4 Key Developments 9.3.4 H.B. Fuller 9.3.4.1 Overview 9.3.4.2 Products/ End-User 9.3.4.3 Strategy 9.3.4.4 Key Developments 9.3.5 Illinois Tool Works 9.3.5.1 Overview 9.3.5.2 Products/ End-User 9.3.5.3 Strategy 9.3.5.4 Key Developments 9.3.6 Sika 9.3.6.1 Overview 9.3.6.2 Products/ End-User 9.3.6.3 Strategy 9.3.6.4 Key Developments 9.3.7 Pidilite Industries 9.3.7.1 Overview 9.3.7.2 Products/ End-User 9.3.7.3 Strategy 9.3.7.4 Key Developments 9.3.8 Royal Adhesives & Sealants 9.3.8.1 Overview 9.3.8.2 Products/ End-User 9.3.8.3 Strategy 9.3.8.4 Key Developments 9.3.9 Huntsman International 9.3.9.1 Overview 9.3.9.2 Products/ End-User 9.3.9.3 Strategy 9.3.9.4 Key Developments 9.3.10 Jubilant Industries 9.3.10.1 Overview 9.3.10.2 Products/ End-User 9.3.10.3 Strategy 9.3.10.4 Key Developments