DUBLIN--(BUSINESS WIRE)--The "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 has been added to ResearchAndMarkets.com's offering.
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.
The increasing demand for contact adhesives across various end-use industries is driving the global contact adhesives market.
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.
- Rise in New Construction Activities
- Renovation and Remodeling Activities
- Growth in the Emerging Economies Such as APAC, the Middle East & Africa, and South America
- Increasing Use of Steel and Metal in Manufacturing Furniture
- Demand for Low-Voc Adhesives
- Increase in Exports from the APAC Countries
- Volatility in Raw Material Prices
- Stringent Regulations
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macro Economic Overview and Key Trends
7 Contact Adhesives Market, by Technology
8 Contact Adhesives Market, by Type
9 Contact Adhesives Market, by End-Use Industry
10 Contact Adhesives Market, by Region
11 Competitive Landscape
12 Company Profiles
- 3M Company
- Ashland Inc.
- Delo Industrial Adhesives, LLC
- Dymax Corporation
- H.B. Fuller
- Hernon Manufacturing, Inc.
- Hexcel Corporation
- Huntsman International
- Illinois Tool Works (ITW)
- Jubilant Industries
- Lord Corporation
- Loxeal Engineering Adhesives
- Mapei Corporation
- Master Bond Inc.
- Parson Adhesives, Inc.
- Permabond LLC.
- Pidilite Industries Limited
- Royal Adhesives & Sealants
- Scott Bader Company Ltd.
- Uniseal Inc.
For more information about this report visit https://www.researchandmarkets.com/research/nk7hzw/global_contact?w=4