Study papers on Contact Adhesive market and regional forecast. Contact Adhesive market players are Henkel (Germany), 3M (US), Bostik (France), H.B. Fuller (US), Illinois Tool Works (US), Sika (Switzerland), and Pidilite Industries (India), among others.
Download Brochure of Contact Adhesive Market spread across 131 pages, Profiling 24 Companies and Supported with 86 Tables and 39 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1328471
Contact adhesives market is projected to grow from USD 3.87 billion in 2017 to USD 4.97 billion by 2022, at a CAGR of 5.15% between 2017 and 2022. The growing demand for superior adhesives in various applications from end-use industries, such as woodworking, automotive, and construction, is expected to fuel the growth of the contact adhesives market, while stringent regulations by regulatory bodies are expected to restrain the manufacturing of solvent-based contact adhesives globally.
For example, health organizations are regulating the use of chemical-based products in applications where human exposure to such chemicals can lead to serious health hazards.
- Manufacturers of Contact Adhesives
- Raw Material Suppliers
- Traders, Distributors, and Suppliers of Contact Adhesives
- Government & Regional Agencies and Research Organizations
- Investment Research Firms
The Asia Pacific region is the largest market for contact adhesives and is expected to witness the highest growth during the forecast period.
High economic growth, growth in manufacturing industries, availability of cheap labor, growing end-use markets, and global shift of production facilities from developed markets to emerging markets are some of the key factors driving the contact adhesives market in Asia Pacific.
The automotive segment is expected to be the fastest-growing application segment of the contact adhesives market during the forecast period. Owing to the growing domestic demand, increasing income levels, and easy access to resources, APAC has emerged as the leading consumer as well as producer of automobiles.
The demand for contact adhesives from the automotive industry in the Southeast Asian countries, such as the Philippines, Thailand, Singapore, Malaysia, and Vietnam, is increasing. The rising demand for contact adhesives for critical applications in the emerging countries such as India and China is also expected to drive the market.
2 Market Ranking of Key Players
3 Competitive Scenario
3.1 New Product Launches
3.2 Mergers & Acquisitions
3.3 Investments & Expansions
Report at www.rnrmarketresearch.com/contacts/?rname=1328471
The report covers the market for contact adhesives and its applications across different industry verticals and regions. It aims at estimating the market size and potential of the contact adhesives market across different formulating technologies, types, end-use industries, and regions.
The report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
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