Contact Adhesive Market Size, Share, Analysis Report

Contact Adhesive Market By Polymer (Neoprene-based, Acrylic copolymers, SBR); By Technology (Solvent-borne, Water-borne, Powder-bond); By End-User (Automotive, Woodworking, Leather & footwear, Construction) and by Regional Analysis - Global Forecast by

The Contact Adhesive Market is expected to be around US$ 5.30 Billion by 2027 at a CAGR of 6% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • 3M Company
  • H.B. Fuller
  • Ashland Inc
  • Bostik
  • Delo Industrial Adhesives LLC
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    An adhesive could be a substance that’s accustomed bind 2 surfaces along. Contact adhesives are adhesives that are used for top strength binding of various materials. they’re conjointly called semi-structural adhesives. The surfaces of each substrate to be warranted area unit coated with contact adhesive equally. Once the adhesive dries by the evaporation of solvent, slight pressure is applied, leading to high initial strength. The drying method of the adhesives is fast, and also the warranted surfaces are very difficult to separate. Thus, correct surface arrangement of the materials before application of the adhesives is incredibly vital. The adhesive is able to withstand fast changes in temperature, moisture, and vibrations. Contact adhesives will be utilised for binding of materials like paper & board, wood, leather, fabric, metal, rubber, glass, ceramic, and plastic. These adhesives area unit most popular for product with large surface area.

    How Big is The Global Contact Adhesive Market?

    The Contact Adhesive Market is expected to be around US$ 5.30 Billion by 2027 at a CAGR of 6% in the given forecast period.

    The major driving factors of Contact Adhesive Market are as follows:

    • Rise in New Construction Activities
    • Renovation and reworking Activities
    • Growth within the rising Economies like APAC, the centre East, and South America

    The major restraining factors of Contact Adhesive Market are as follows:

    • Increasing Use of Steel and Metal in producing furniture

    The Contact Adhesive Market has been segmented as below:

    By Polymer:

    • Neoprene-based
    • Acrylic copolymers
    • SBR
    • Others

    By Technology:

    • Solvent-borne
    • Water-borne
    • Powder-bond

    By End-User:

    • Automotive
    • Woodworking
    • Leather & footwear
    • Construction
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    The Contact Adhesive Market is segmented on the lines of its type, application and regional. Basis of technology is segmented into water-borne, solvent-borne and others. Based on application it covers Woodworking, Leather & Footwear, Automotive, Construction and Others. Based on polymer it covers Sanitary neoprene-based, nitrile-based, SBR, polyurethane, acrylic copolymers and others. The Contact Adhesive Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Contact Adhesive Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Contact Adhesive Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Contact Adhesive Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include 3M Company, Ashland Inc., Bostik, Delo Industrial Adhesives, LLC, Dymax Corporation, H.B. Fuller, Henkel, Hernon Manufacturing, Inc., Hexcel Corporation, Huntsman International, Illinois Tool Works, Jubilant Industries, Lord Corporation, Loxeal Engineering Adhesives. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Contact Adhesive Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Contact Adhesive Market.

    4) Assess your competitor’s refining portfolio and its evolution.

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    1.    Introduction
        1.1    Key Findings
        1.2    Report Description
        1.3    Markets Covered
        1.4    Stakeholders

    2.    Research Methodology
        2.1    Research Data
            2.1.1    Secondary Data
                2.1.1.1    Secondary Sources    
            2.1.2      Primary Data
                2.1.2.1    Primary Sources
                2.1.2.2    Key Industry Insights
        2.2    Market Size Estimation
            2.2.1    Bottom-Up Approach
            2.2.2    Top-Down Approach
        2.3    Market Breakdown and Data Triangulation
        2.4    Market Share Estimation
        2.5    Research Assumptions and Limitations

    3.    Report Summary

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
            4.2.1    Rise in New Construction Activities
            4.2.2    Renovation and reworking Activities
            4.2.3    Growth within the rising Economies like APAC, the centre East, and South America
        4.3    Restrains
            4.3.1    Increasing Use of Steel and Metal in producing furniture

    5.    Industry Trends
        5.1    Introduction
        5.2    Value Chain Analysis
        5.3    Porter’s Five Forces Analysis

    6.    Premium Insights
        6.1    Contact Adhesive Market Analysis, By Technology
        6.2    Contact Adhesive Market Analysis, By Polymer
        6.3    Contact Adhesive Market Analysis, By Application
        6.4    Contact Adhesive Market Analysis, By Region

    7.   By Polymer
        7.1    Neoprene-based
        7.2    Acrylic copolymers
        7.3    SBR
        7.4    Others

    8.   By Technology
        8.1    Solvent-borne
        8.2    Water-borne
        8.3    Powder-bond

    9.   By End-User
        9.1    Automotive
        9.2    Woodworking
        9.3    Leather & footwear
        9.4    Construction
        9.5    Others

    10.    Contact Adhesive Market Analysis, By Region
        10.1    North America
        10.2    Europe
        10.3    Asia-Pacific
        10.4    Rest of the World

    11.    Competitive Overview
        11.1    Introduction
        11.2    New Product Launches
        11.3    Acquisitions
        11.4    Agreements, Partnerships, And Collaborations
        11.5    Expansions

    12.    Company Profiles
        12.1    Mitsubishi Chemical Corporation
        12.2    Evonik
        12.3    Altuglas International
        12.4    3A Composites Gmbh
        12.5    Aristech Acrylics
        12.6    Madreperla
        12.7    Gevacril
        12.8    Spartech
        12.9    Astari Niagara
        12.10    Pyrasied Xtreme Acrylic

    The Contact Adhesive Market has been segmented as below:

    By Polymer:

    • Neoprene-based
    • Acrylic copolymers
    • SBR
    • Others

    By Technology:

    • Solvent-borne
    • Water-borne
    • Powder-bond

    By End-User:

    • Automotive
    • Woodworking
    • Leather & footwear
    • Construction
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

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    The market is expected to grow at a CAGR of 6% during the study period (2022-2027)
    The Contact Adhesive Market is expected to be around US$ 5.30 Billion by 2027
    The segment included in Contact Adhesive Market is Polymer, Technology, End-User and region.
    Some key players operating in the Contact Adhesive Market include 3M Company, Ashland Inc., Bostik, Delo Industrial Adhesives, LLC, Dymax Corporation, H.B. Fuller, Henkel, Hernon Manufacturing, Inc., Hexcel Corporation
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