MARKET OVERVIEW
Contact adhesives are used for bonding surfaces by applying pressure and heat. These adhesives are widely used in various applications, including woodworking, upholstery, automotive interiors, footwear, and packaging. Contact adhesives are known for their high strength and versatility, as they can bond to various materials. Several factors, including the increasing demand for high-performance adhesives in various end-use industries, the growing use of adhesives, and advancements in adhesive technology, drive the growth of the contact adhesives market.
MARKET DYNAMICS
Rapid and fast adhesion, the material's versatility during adhesion, high strength, and resistance to aging, heat, oils and chemicals are some of the characteristics which drive the contact adhesives market. Technological advancement, increasing demands from automobiles, and expanding commercial infrastructure are also responsible for driving the global contact adhesive market. However, an increase in the use of steel and metal in manufacturing furniture restrains the market's growth. Dynamic economic development, along with higher demand for the replacement of conventional joining techniques, is the factor that will lead to the growth of the adhesive contact market during the forecast period.Â
MARKET SCOPE
The "Global Contact Adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on global market trend analysis. The report aims to provide an overview of the contact adhesives market with detailed market segmentation by resin type, technology, end-use industry and geography. The global contact adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading contact adhesives players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global contact adhesives market is segmented based on resin type, technology, end-use industry and geography. Based on resin type, the market classifies into neoprene, polyurethane, acrylic, styrene-butadiene copolymer and others. The market based on technology is segmented into solvent-based, water-based and others. Based on the end-use industry, the market is segmented into woodworking, leather and footwear, automotive construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the contact adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The contact adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the contact adhesives market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social and technological factors affecting the contact adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the contact adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and, partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the contact adhesives market are anticipated to have lucrative growth opportunities in the future with the rising demand for contact adhesives in the global market. Below mentioned is the list of a few companies engaged in the contact adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the contact adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information for the last 3 years, the key development in the past five years.
- Bostik S.A.
- Dymax Corporation
- H.B. Fuller
- Henkel
- Huntsman International
- Jubilant Industries
- Parson Adhesives, Inc.
- Pidilite Industries
- Royal Adhesives & Sealants
- Sika AG