Contact Adhesives Market Poised for Steady Growth - CAGR 3.78% Through 2031 | 3M, AdCo (UK) Limited, Arkema Group (Bostik Sa), Collano Adhesives AG, DELO Industrial Adhesives

Global Contact Adhesives Market reached US$ 2.95 billion in 2023 and is expected to reach US$ 3.97 billion by 2031, growing with a CAGR of 3.78% during the forecast period 2024-2031.

Contact Adhesives Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Contact adhesives are fast-bonding adhesives that create strong, permanent bonds when applied to both surfaces and allowed to dry before joining. Commonly used in construction, automotive, and furniture applications, they offer high strength, flexibility, and resistance to heat and moisture.

List of the Key Players in the Contact Adhesives Market:

3M, AdCo (UK) Limited, Arkema Group (Bostik Sa), Collano Adhesives AG, DELO Industrial Adhesives, H.B. Fuller Company, Helmitin Adhesive, Henkel AG & Co. KgaA, Huntsman International LLC, ITW Performance Polymers (Illinois Tool Works Inc.), Jowat Corporation, Mapei SpA, Pyrotek, Sika AG and Dow.

Industry Development:

In January 2024, 3M launched Scotch-Mount PSA 4998, a pressure-sensitive adhesive designed for attaching electronic components to heat-sensitive surfaces. It offers strong initial adhesion and high-temperature resistance, making it ideal for automotive and appliance applications.

In December 2023, Sika acquired a controlling stake in Loba Chemie AG, a Swiss manufacturer of technical adhesives for wood and flooring, strengthening its position in the growing wood adhesives market.

In November 2023, Bostik partnered with INRAE to develop a bio-based contact adhesive from renewable resources, supporting sustainable adhesive innovations.

Growth Forecast Projected:

The Global Contact Adhesives Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Contact Adhesives Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Contact Adhesives Market:

By Technology: Water-borne, Solvent-borne, Others

By Polymer: Neoprene, SBR, Acrylic Copolymer, Other

By End-User: Consumer Durables, Packaging, Automotive, Furniture, Footwear Leather, Construction, Other

Regional Analysis for Contact Adhesives Market:

The regional analysis of the Contact Adhesives Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Contact Adhesives market?

➠ Who are the leading manufacturers in the global Contact Adhesives industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Contact Adhesives industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Contact Adhesives market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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