Contact Adhesive Market

Contact Adhesive Market by Resin Type (Neoprene, Polyurethane, Acrylic, SBC), Technology (Solvent-Based, Water-Based), End-use Industry (Woodworking, Leather & Footwear, Automotive, Construction) - Global Forecast to 2022

Report Code: CH 5945 Jan, 2018, by marketsandmarkets.com

[131 Pages Report] contact adhesives market is expected to grow from USD 3.67 Billion in 2016 to USD 4.97 Billion by 2022, at a CAGR of 5.15% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

  • To define, describe, and forecast the contact adhesives market based on type, formulating technology, end-use industry, and region
  • To provide detailed information regarding key factors, such as drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues influencing the growth of the contact adhesives market
  • To analyze micromarkets with respect to individual growth trends, growth prospects, and contribution to the total market
  • To analyze opportunities in the market for stakeholders and draw a competitive landscape of the market
  • To forecast the market size, in terms of value, with respect to regions (along with country-level data), namely, Asia Pacific, North America, Europe, Middle East & Africa, and South America
  • To profile key players and comprehensively analyze their market shares and core competencies
  • To analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development (R&D) in the contact adhesives market

Both, the top-down and bottom-up approaches were used to estimate and validate the size of the contact adhesives market, and to estimate the size of various other dependent submarkets. The research study involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, ICIS, and Securities and Exchange Commission (SEC), among other government and private websites, to identify and collect information useful for a technical, market-oriented, and commercial study of the contact adhesives market.

Contact Adhesive Market

To know about the assumptions considered for the study, download the pdf brochure

The contact adhesives market has a diversified and established ecosystem of upstream players, such as raw material suppliers, and downstream stakeholders, such as manufacturers, vendors, end users, and government organizations. Key players operational in the market include Henkel (Germany), 3M (US), Bostik (France), H.B. Fuller (US), Illinois Tool Works (US), Sika (Switzerland), Pidilite Industries (India), and Royal Adhesives & Sealants (US).

Key Target Audience:

  • Manufacturers of Contact Adhesives
  • Raw Material Suppliers
  • Traders, Distributors, and Suppliers of Contact Adhesives
  • Government & Regional Agencies and Research Organizations
  • Investment Research Firms

Scope of the Report:

The global contact adhesives market has been covered in detail in this report. Current market demand and forecasts have also been included to provide a comprehensive market scenario.

Contact Adhesives Market, By Technology:

  • Solvent-based
  • Water-based

Contact Adhesives Market, By Type:

  • Neoprene
  • Polyurethane
  • Acrylic
  • SBC
  • Others

Contact Adhesives Market, By Application:

  • Woodworking
  • Automotive
  • Construction
  • Leather & footwear
  • Others

Contact Adhesives Market, By Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

The market has been further analyzed for key countries in each of these regions.

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the specific needs of the company. The following customization options are available for the report:

Regional Analysis:

  • Country-level analysis of the contact adhesives market based on type and application

Company Information:

  • Detailed analysis and profiles of additional market players

The increasing demand for contact adhesives across various end-use industries is driving the global contact adhesives market. In terms of value, the global market size is estimated at USD 3.87 Billion in 2017 and is projected to reach USD 4.97 Billion by 2022, at a CAGR of 5.15% between 2017 and 2022. Asia Pacific accounts for a major share of the overall contact adhesives market due to the increased technological & infrastructural developments and consumer awareness in the region. Research institutions along with various manufacturers are taking initiatives and making huge investments to develop durable low-cost, water-based contact adhesives, and to improve their properties for end-use industries.

The automotive segment is projected to be the fastest-growing end-use industry segment of the contact adhesives market during the forecast period, owing to technological advancements and rising demand for specialty contact adhesives. Recent advancements in automotive industry, such as lightweight vehicles, are propelling the demand for contact adhesives. Such developments and advancements are expected to propel the growth of the contact adhesives market globally.

The neoprene segment of the contact adhesives market accounts for the largest share of the overall contact adhesives market due to its easy availability and wide acceptability in end-use industries. The solvent-based segment of the contact adhesives market is the largest formulating technology segment, in terms of both value and volume. The increasing demand for VOC-free adhesives has given rise to the use of water-based contact adhesives in mature markets such as North America and Europe.

Contact Adhesive Market

Asia Pacific is the largest and fastest-growing market for contact adhesives. The increasing use of contact adhesives in the automotive, woodworking, leather & footwear, and construction end-use industries is expected to provide new growth opportunities to the market. High economic growth, growth in manufacturing industries, availability of cheap labor, growth in end-use markets, and the 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.

Environmental regulations in European countries is the main factor restraining growth in the contact adhesives market. In Europe, the contact adhesives market is heavily regulated with regards to health, safety, environmental protection, climate change, and energy issues. Key manufacturers of contact adhesives include Henkel (Germany), 3M (US), Bostik (France), H.B. Fuller (US), Illinois Tool Works (US), Sika (Switzerland), and Royal Adhesives & Sealants (US).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in the Contact Adhesives Market
    4.2 Contact Adhesives Market Growth By Resin Type
    4.3 Contact Adhesives Market in APAC By End-Use Industry and Country
    4.4 Market Growth Attractiveness
    4.5 Emerging Markets are Estimated to Grow at A Faster Rate Than Mature Markets

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rise in New Construction Activities
                    5.2.1.2 Renovation and Remodeling Activities
                    5.2.1.3 Growth in the Emerging Economies Such as APAC, the Middle East & Africa, and South America
           5.2.2 Restraints
                    5.2.2.1 Increasing Use of Steel and Metal in Manufacturing Furniture
           5.2.3 Opportunities
                    5.2.3.1 Demand for Low-Voc Adhesives
                    5.2.3.2 Increase in the Export From the APAC Countries
           5.2.4 Challenges
                    5.2.4.1 Volatility in Raw Material Prices
                    5.2.4.2 Stringent Regulations
    5.3 Porter’s Five Forces Analysis
           5.3.1 Intensity of Competitive Rivalry
           5.3.2 Bargaining Power of Buyers
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Threat of Substitutes
           5.3.5 Threat of New Entrants

6 Macro Economic Overview and Key Trends (Page No. - 43)
    6.1 Trends and Forecast of GDP
    6.2 Production Statistics for the Automotive Industry
    6.3 Trends and Forecast of the Construction Industry

7 Contact Adhesives Market, By Technology (Page No. - 48)
    7.1 Introduction
    7.2 Solvent-Based
    7.3 Water-Based

8 Contact Adhesives Market, By Type (Page No. - 52)
    8.1 Introduction
    8.2 Neoprene
    8.3 Polyurethane
    8.4 Acrylic
    8.5 Styrene Butadiene Copolymer (SBC)
    8.6 Others

9 Contact Adhesives Market, By End-Use Industry (Page No. - 60)
    9.1 Introduction
    9.2 Woodworking
    9.3 Automotive
    9.4 Leather & Footwear
    9.5 Construction
    9.6 Others

10 Contact Adhesives Market, By Region (Page No. - 68)
     10.1 Introduction
     10.2 North America
             10.2.1 North American Contact Adhesives Market, By Resin Type
             10.2.2 North American Contact Adhesives Market, By Technology
             10.2.3 North American Contact Adhesives Market, By End-Use Industry
             10.2.4 North American Contact Adhesives Market, By Country
                       10.2.4.1 US
                       10.2.4.2 Canada
                       10.2.4.3 Mexico
     10.3 Europe
             10.3.1 European Contact Adhesives Market, By Resin Type
             10.3.2 European Contact Adhesives Market, By Technology
             10.3.3 European Contact Adhesives Market, By End-Use Industry
             10.3.4 European Contact Adhesives Market, By Country
                       10.3.4.1 Germany
                       10.3.4.2 France
                       10.3.4.3 UK
                       10.3.4.4 Russia
                       10.3.4.5 Italy
                       10.3.4.6 Turkey
                       10.3.4.7 Rest of Europe
     10.4 APAC
             10.4.1 APAC Contact Adhesives Market, By Resin Type
             10.4.2 APAC Contact Adhesives Market, By Technology
             10.4.3 APAC Contact Adhesives Market, By End-Use Industry
             10.4.4 APAC Contact Adhesives Market, By Country
                       10.4.4.1 China
                       10.4.4.2 India
                       10.4.4.3 Japan
                       10.4.4.4 South Korea
                       10.4.4.5 Thailand
                       10.4.4.6 Taiwan
                       10.4.4.7 Malaysia
                       10.4.4.8 Rest of APAC
     10.5 South America
             10.5.1 South American Contact Adhesives Market, By Resin Type
             10.5.2 South American Contact Adhesives Market, By Technology
             10.5.3 South American Contact Adhesives Market, By End-Use Industry
             10.5.4 South American Contact Adhesives Market, By Country
                       10.5.4.1 Brazil
                       10.5.4.2 Argentina
                       10.5.4.3 Colombia
                       10.5.4.4 Rest of South America
     10.6 Middle East & Africa
             10.6.1 Middle East & African Contact Adhesives Market, By Resin Type
             10.6.2 Middle East & African Contact Adhesives Market, By Technology
             10.6.3 Middle East & African Contact Adhesives Market, By End-Use Industry
             10.6.4 Middle East & African Contact Adhesives Market, By Country
                       10.6.4.1 UAE
                       10.6.4.2 Saudi Arabia
                       10.6.4.3 South Africa

11 Competitive Landscape (Page No. - 99)
     11.1 Overview
     11.2 Market Ranking of Key Players
     11.3 Competitive Scenario
             11.3.1 New Product Launches
             11.3.2 Mergers & Acquisitions
             11.3.3 Investments & Expansions

12 Company Profiles (Page No. - 103)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     12.1 3M Company
     12.2 Henkel
     12.3 H.B. Fuller
     12.4 Bostik
     12.5 Sika
     12.6 Illinois Tool Works (ITW)
     12.7 Huntsman International
     12.8 Pidilite Industries Limited
     12.9 Jubilant Industries
     12.10 Royal Adhesives & Sealants
     12.11 Other Key Companies
               12.11.1 Lord Corporation
               12.11.2 Ashland Inc.
               12.11.3 Permabond LLC.
               12.11.4 Hernon Manufacturing, Inc.
               12.11.5 Master Bond Inc.
               12.11.6 Delo Industrial Adhesives, LLC
               12.11.7 Dymax Corporation
               12.11.8 Mapei Corporation
               12.11.9 Uniseal Inc.
               12.11.10 Parson Adhesives, Inc.
               12.11.11 Scigrip
               12.11.12 Loxeal Engineering Adhesives
               12.11.13 Scott Bader Company Ltd.
               12.11.14 Hexcel Corporation

*Details Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 124)
     13.1 Discussion Guide
     13.2 Knowledge Store: ‘Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (86 Tables)

Table 1 Contact Adhesives Market Snapshot
Table 2 Trends and Forecast of GDP (Annual Percentage Change)
Table 3 North America: Production Statistics of the Automotive Industry, By Country
Table 4 Europe: Production Statistics of the Automotive Industry, By Country
Table 5 APAC: Production Statistics of the Automotive Industry, By Country
Table 6 Construction Industry Spending in North America, By Country, USD Billion (2014–2021)
Table 7 Construction Industry Spending in Europe, By Country, USD Billion (2014–2021)
Table 8 Construction Industry Spending in APAC, By Country, USD Billion (2014–2021)
Table 9 Construction Industry Spending in the Middle East & Africa, USD Billion (2014–2021)
Table 10 Construction Industry Spending in South America, USD Billion (2014–2021)
Table 11 Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 12 Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 13 Contact Adhesives Market Size for Solvent-Based Technology, By Region, 2015—2022 (USD Million)
Table 14 Contact Adhesives Market Size for Solvent-Based Technology, By Region, 2015—2022 (Kiloton)
Table 15 Contact Adhesives Market Size for Water-Based Technology, By Region, 2015—2022 (USD Million)
Table 16 Contact Adhesives Market Size for Water-Based Technology, By Region, 2015—2022 (Kiloton)
Table 17 Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 18 Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 19 Neoprene-Based Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 20 Neoprene-Based Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 21 Polyurethane-Based Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 22 Polyurethane-Based Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 23 Acrylic-Based Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 24 Acrylic-Based Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 25 SBC-Based Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 26 SBC-Based Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 27 Other Resins-Based Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 28 Other Resins-Based Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 29 Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (USD Million)
Table 30 Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (Kiloton)
Table 31 Contact Adhesives Market Size in Woodworking, By Region, 2015—2022 (USD Million)
Table 32 Contact Adhesives Market Size in Woodworking, By Region, 2015—2022 (Kiloton)
Table 33 Contact Adhesives Market Size in Automotive, By Region, 2015—2022 (USD Million)
Table 34 Contact Adhesives Market Size in Automotive, By Region, 2015—2022 (Kiloton)
Table 35 Contact Adhesives Market Size in Leather & Footwear, By Region, 2015—2022 (USD Million)
Table 36 Contact Adhesives Market Size in Leather & Footwear, By Region, 2015—2022 (Kiloton)
Table 37 Contact Adhesives Market Size in Construction, By Region, 2015—2022 (USD Million)
Table 38 Contact Adhesives Market Size in Construction, By Region, 2015—2022 (Kiloton)
Table 39 Contact Adhesives Market Size in Other End-Use Industries, By Region, 2015—2022 (USD Million)
Table 40 Contact Adhesives Market Size in Other End-Use Industries, By Region, 2015—2022 (Kiloton)
Table 41 Contact Adhesives Market Size, By Region, 2015—2022 (USD Million)
Table 42 Contact Adhesives Market Size, By Region, 2015—2022 (Kiloton)
Table 43 North America: Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 44 North America: Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 45 North America: Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 46 North America: Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 47 North America: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (USD Million)
Table 48 North America: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (Kiloton)
Table 49 North America: Contact Adhesives Market Size, By Country, 2015—2022 (USD Million)
Table 50 North America: Contact Adhesives Market Size, By Country, 2015—2022 (Kiloton)
Table 51 Europe: Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 52 Europe: Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 53 Europe: Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 54 Europe: Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 55 Europe: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (USD Million)
Table 56 Europe: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (Kiloton)
Table 57 Europe: Contact Adhesives Market Size, By Country, 2015—2022(USD Million)
Table 58 Europe: Contact Adhesives Market Size, By Country, 2015—2022 (Kiloton)
Table 59 APAC: Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 60 APAC: Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 61 APAC: Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 62 APAC: Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 63 APAC: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (USD Million)
Table 64 APAC: Contact Adhesives Market Size, By End-Use Industry, 2015—2022 (Kiloton)
Table 65 APAC: Contact Adhesives Market Size, By Country, 2015—2022 (USD Million)
Table 66 APAC: Contact Adhesives Market Size, By Country, 2015—2022 (Kiloton)
Table 67 South America: Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 68 South America: Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 69 South America: Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 70 South America: Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 71 South America: Contact Adhesives Market Size, By End-Use Industry,  2015—2022 (USD Million)
Table 72 South America: Contact Adhesives Market Size, By End-Use Industry,  2015—2022 (Kiloton)
Table 73 South America: Contact Adhesives Market Size, By Country, 2015—2022 (USD Million)
Table 74 South America: Contact Adhesives Market Size, By Country, 2015—2022 (Kiloton)
Table 75 Middle East & Africa: Contact Adhesives Market Size, By Resin Type, 2015—2022 (USD Million)
Table 76 Middle East & Africa: Contact Adhesives Market Size, By Resin Type, 2015—2022 (Kiloton)
Table 77 Middle East & Africa: Contact Adhesives Market Size, By Technology, 2015—2022 (USD Million)
Table 78 Middle East & Africa: Contact Adhesives Market Size, By Technology, 2015—2022 (Kiloton)
Table 79 Middle East & Africa: Contact Adhesives Market Size, By End-Use Industry,  2015—2022 (USD Million)
Table 80 Middle East & Africa: Contact Adhesives Market Size, By End-Use Industry,  2015—2022 (Kiloton)
Table 81 Middle East & Africa: Contact Adhesives Market Size, By Country,  2015—2022 (USD Million)
Table 82 Middle East & Africa: Contact Adhesives Market Size, By Country, 2015—2022 (Kiloton)
Table 83 Market Ranking of Top 4 Players
Table 84 New Product Launches, 2012–2017
Table 85 Mergers & Acquisitions, 2012–2017
Table 86 Investments & Expansions, 2012–2017
 
 
List of Figures (39 Figures)
 
Figure 1 Contact Adhesives Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Contact Adhesives Market: Data Triangulation
Figure 5 APAC to Dominate the Contact Adhesives Market During the Forecast Period
Figure 6 Neoprene-Based Contact Adhesive to Dominate the Market During the Forecast Period
Figure 7 Solvent-Based to Be the Dominating Technology for Contact Adhesives
Figure 8 Automotive to Be the Fastest-Growing End-Use Industry of Contact Adhesives
Figure 9 APAC to Be the Fastest-Growing Market for Contact Adhesives
Figure 10 High Demand From the Automotive Industry in the Developing Countries Driving the Contact Adhesives Market
Figure 11 Neoprene to Be the Dominating Resin Type of Contact Adhesives
Figure 12 Woodworking Was the Largest End-Use Industry of Contact Adhesives in 2016
Figure 13 India to Be the Fastest-Growing Market for Contact Adhesives
Figure 14 Emerging Markets vs Mature Markets
Figure 15 Factors Governing the Contact Adhesives Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 Solvent-Based Technology to Dominate the Market During the Forecast Period
Figure 18 Neoprene to Be the Dominating Resin Type of Contact Adhesives
Figure 19 APAC Accounted for the Largest Share Across All Types of Contact Adhesives in 2016
Figure 20 High Growth in End-Use Industries to Drive the Contact Adhesives Market
Figure 21 Automotive to Be the Fastest-Growing End-Use Industry of Contact Adhesives
Figure 22 Regional Snapshot: Contact Adhesives Market in APAC Countries to Register the Highest Growth Rate
Figure 23 APAC to Be the Fastest-Growing Contact Adhesives Market for All Resin Types
Figure 24 APAC: Hotspot for All Contact Adhesive Technologies
Figure 25 APAC to Be the Fastest-Growing Contact Adhesives Market in All End-Use Industries
Figure 26 APAC Accounted for the Largest Share Across All End-Use Industries of Contact Adhesives in 2017
Figure 27 North America: Contact Adhesives Market Snapshot
Figure 28 Europe: Contact Adhesives Market Snapshot
Figure 29 APAC: Contact Adhesives Market Snapshot
Figure 30 Companies Adopted Various Development Strategies Between 2012 and 2017
Figure 31 3M: Company Snapshot
Figure 32 Henkel: Company Snapshot
Figure 33 H.B. Fuller: Company Snapshot
Figure 34 Bostik: Company Snapshot
Figure 35 Sika: Company Snapshot
Figure 36 ITW: Company Snapshot
Figure 37 Huntsman: Company Snapshot
Figure 38 Pidilite Industries: Company Snapshot
Figure 39 Jubilant Industries: Company Snapshot 


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