Contact Adhesive Market Outlook 2027 By Size, Share, Demand, Top Manufacturers, Future Growth
According to TechSci Research, The global contact adhesive market is projected to grow at a formidable rate during the forecast period, 2017-2027. The market growth can be attributed to growing renovation and remodelling activities and rising R&D activities by major players. Besides, increased investments in chemical industries in the emerging economies and rising government expenditure on infrastructure development are some factors are expected to propel the demand for contact adhesive in the next five years. Additionally, rising application areas for contact adhesives in leather and footwear as well as growing focus on technological advancements and modernization in the production techniques are supporting the market growth. Besides, rising expenditure for research and development proficiencies by major companies and surge in industrialization are expected to positively influence the growth of the global contact adhesive market. Moreover, rise in demand for solvent and water-borne adhesives from residential and commercial sector and growing construction activities are propelling the growth of the global contact adhesive market. Expanding construction industry and rise of renovation activities are supporting the growth of global contact adhesive market. However, insufficiency in raw materials and stringent environmental regulations could restrict the market growth.
The global contact adhesive market is segmented into type, technology, end-user, company, and region. Based on type, the market is divided into neoprene, polyurethane, acrylic, styrene, butadiene copolymer & others. The neoprene segment is expected to register the highest growth in the global contact adhesive market owing to its easy availability and wide acceptability across various end-user industries. Based on region, the APAC is anticipated to remain a strong contributor in the contact adhesive market in the forecast period, owing to strong awareness and use of the product. APAC is expected to register faster CAGR than any other region, backed by increasing use of contact adhesives in the automotive sector. Besides, explosive growth of packaging industry owing to booming e-commerce and online deliveries are creating demand for more contact adhesives in the region.
Click here to download the sample
Some of the major players operating in the global contact adhesive are 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, etc.
- To analyse and forecast market size of the global contact adhesive market, in terms of value & volume.
- To define, classify and forecast the global contact adhesive on the basis of type, technology, end-user and region.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global contact adhesive into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
- To identify tailwinds and headwinds for the global contact adhesive market.
- To examine competitive developments such as expansions, new product launches, contracts and mergers & acquisitions in the global contact adhesive market.
- To evaluate competitor and trends in the global contact adhesive market.
- To strategically profile the leading players, which are involved in of contact adhesive market globally.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of contact adhesive manufactures globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufactures and suppliers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, technology, end-user and regional presence of all major contact adhesive manufacturers across the globe.
TechSci Research calculated the market size for the global contact adhesive using a bottom-up approach, where manufacturers’ value data for different type of (neoprene, polyurethane, acrylic, styrene butadiene copolymer & others), contact adhesive was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufactures to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
- Global contact adhesive manufacturers
- Research organizations and consulting companies
- Organizations, associations and alliances related to contact adhesive
- Government bodies such as regulating authorities and policy makers.
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, suppliers and policy makers, which market segments should be targeted over the contact adhesive coming years (next five years) in order to strategize investments and capitalize on growth of the market.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Type · Technology · End User |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Israel |
Key Companies Profiled | 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. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global contact adhesive has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Contact Adhesive Market, by Type:
- Global Contact Adhesive Market
- Neoprene
- Polyurethane
- Acrylic
- Styrene Butadiene Copolymer
- Others
- Contact Adhesive Market, by Technology:
- Solvent Based
- Water Based
- Contact Adhesive Market, by End-User:
- Woodworking
- Automotive
- Leather and Footwear
- Construction
- Others
- Contact Adhesive Market, by Geography:
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of APAC
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- MEA
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players
Company Profiles: Detailed analysis of the major companies present in the global contact adhesive market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
Comments
Post a Comment