Global Contact Adhesive Market is expected to reach USD 6.20 Billion by 2026 from USD 3.72 Billion in 2018 at a CAGR of 5.25%.
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 expected to fuel the demand for contact adhesives.
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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 the market growth.
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 is expected to drive the growth in this region.
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Scope of the Global Contact Adhesive Market:
Global Contact Adhesive Market, By Resin Type:
• Neoprene
• Polyurethane
• Acrylic
• SBC
• Others
Global Contact Adhesive Market, By Technology:
• Solvent-based
• Water-based
Global Contact Adhesive Market, By End-use Industry:
• Woodworking
• Automotive
• Construction
• Leather & footwear
• Others
Global Contact Adhesive Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Global Contact Adhesive Market:
• 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)
• Jubilant Industries (India)
MAJOR TOC OF THE REPORT
Chapter One: https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Competition, by Players
Chapter Four: Global https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Size by Regions
Chapter Five: North America https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Revenue by Countries
Chapter Six: Europe https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Revenue by Countries
Chapter Seven: Asia-Pacific https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Revenue by Countries
Chapter Eight: South America https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Revenue by Countries
Chapter Nine: Middle East and Africa Revenue https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ by Countries
Chapter Ten: Global https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Segment by Type
Chapter Eleven: Global https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Segment by Application
Chapter Twelve: Global https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856/ Market Size Forecast (2019-2026)
Browse Table of Contents with Facts and Figures of Sodium Hypochlorite Market Report at: https://www.maximizemarketresearch.com/market-report/contact-adhesive-market/1856//
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