Contact Adhesives Market - By Type (Solvent-Based, Water-Based, Solvent-Free, Reactive Contact, Hot Melt), By Substrate (Wood-to-Wood, Metal-to-Metal, Plastic-to-Plastic, Fabric-to-Fabric, Multi-Substrate), By Application & Forecast, 2023

Description

List of Tables

Global Contact Adhesives Market will witness 5.9% CAGR between 2023 and 2032. The construction and automotive industries' growth drives demand for contact adhesives in bonding materials like laminates and veneers. For instance, in May 2023, Henkel Adhesive Technologies, a prominent player in automotive sealants, adhesives, thermal materials, and functional coatings, expanded its portfolio for electric vehicle (EV) battery systems. They introduced Loctite TLB 9300 APSi, an injectable thermally conductive adhesive. This advanced adhesive not only provides structural bonding but also improves heat transfer within the battery system, making it a valuable choice. Notably, a leading EV battery manufacturer has already embraced this innovative product.

The versatility of contact adhesives in various applications, including woodworking, footwear, and DIY projects, fuels their adoption. The increasing focus on eco-friendly and low-VOC adhesive solutions aligns with environmental regulations. Additionally, innovations in adhesive technology enhance product performance and offer new opportunities for contact adhesive market expansion.

The overall Contact Adhesives Market is classified based on type, application, and region.

The water-based contract adhesives industry will undergo significant development from 2023 to 2032. These adhesives, known for their low VOC emissions and eco-friendly nature, are preferred in various industries. They find applications in woodworking, furniture assembly, and automotive interiors, among others. As environmental concerns and regulations intensify, the demand for water-based contact adhesives in the contact adhesives market continues to grow, driven by their effectiveness and sustainability.

The furniture and woodworking segment will register a commendable CAGR from 2023 to 2032. Contact adhesives provide a strong and reliable bond for laminates, veneers, and other woodworking materials. Their ease of use and efficiency make them preferred for assembling furniture components and woodworking projects. As these industries continue to grow, the contact adhesives market demand remains robust due to their effectiveness and versatility.

Europe contact adhesives market will showcase an appreciable CAGR from 2023 to 2032. The continent's thriving automotive, construction, and furniture industries rely on contact adhesives for their bonding needs. Additionally, stringent environmental regulations drive the preference for low-VOC and water-based contact adhesives, aligning with Europe's sustainability goals. The rising number of company partnerships and deals in the adhesives industry also supports the growth region.

For instance, in May 2023, H.B. Fuller, a leading adhesive specialist based in the United States, revealed its acquisition of the UK-based adhesive firm Beardow Adams. This strategic move will grant H.B. Fuller access to an extensive sales network established by Beardow Adams across over 70 countries and spanning 20,000 end-user applications. As these industries expand and prioritize eco-friendly solutions, the demand for contact adhesives in Europe remains strong.

Product Code: 6443

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Contact adhesives industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Type trends
2.4 Substrate trends
2.5 Application trends
2.6 Regional trends

Chapter 3 Contact Adhesives Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By type
- 3.3.2 By substrate
- 3.3.3 By application
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Contact Adhesives Market Size and Forecast, By Type 2018 - 2032

5.1 Solvent-Based
5.2 Water-Based
5.3 Solvent-Free
5.4 Reactive Contact
5.5 Hot Melt

Chapter 6 Contact Adhesives Market Size and Forecast, By Substrate 2018 - 2032

6.1 Wood-to-Wood
6.2 Metal-to-Metal
6.3 Plastic-to-Plastic
6.4 Fabric-to-Fabric
6.5 Multi-Substrate

Chapter 7 Contact Adhesives Market Size and Forecast, By Application 2018 - 2032

7.1 Construction and Building
7.2 Furniture and Woodworking
7.3 Automotive and Transportation
7.4 Footwear and Leather Goods
7.5 Textiles and Fabrics
7.6 Electronics and Appliances
7.7 Packaging
7.8 DIY and Craft
7.9 Others

Chapter 8 Contact Adhesives Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 3M Company
9.2 Henkel AG & Co. KGaA
9.3 H.B. Fuller Company
9.4 Bostik (an Arkema company)
9.5 Sika AG
9.6 Illinois Tool Works Inc.
9.7 Jowat SE
9.8 LORD Corporation
9.9 Avery Dennison Corporation
9.10 Pidilite Industries Ltd.
9.11 Mapei Corporation
9.12 Ashland Global Holdings Inc.
9.13 Permabond LLC
9.14 Franklin International
9.15 Chemique Adhesives Inc.