Envision Report

Published April 13, 2018

Global Contact Adhesives Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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Contact adhesives have the advantage of high initial strength and are based on polymers that display the ability to bond to themselves as dry adhesive films. The surfaces to be bonded must be coated and the adhesive dried. The surfaces that are painted bond immediately on contact, so care needs to be taken in positioning the substrates.

Global Contact Adhesives Market Segments Size & Growth:

Global contact adhesives market size is projected to reach approximately $5.23 billion by the end of 2024 with a CAGR of close to 5.36% from $3.78 billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include dynamic economic development in Asia-Pacific, advancing demand from automotive industry, increasing new construction activities, renovation and remodelling activities, rising growth in the emerging economies such as Asia-Pacific, Middle East & Africa, and South America. However, stringent environmental regulations regarding VOCs and increasing demand for steel and metal in manufacturing furniture are thereby hampering the market growth. Various opportunities for contact adhesives market include an increase in the export from the APAC countries demand low-VOC adhesives, rise in leather industry in India and China, and shifting focus towards water-based adhesives.

Global Contact Adhesives Market Segments Share:

Global contact adhesives market is categorised into technology which comprises of water-based, solvent-based, and others. The solvent-based adhesives segment is expected to hold the largest share in the market regarding both value and volume because they possess unique characteristics, such as temperature, humidity, and discolouration resistance. By type, the market is segmented into neoprene, polyurethane, acrylic, a styrene-butadiene copolymer (SBC), and others. Neoprene segment is projected to hold for the largest share of the market because of its natural availability and wide acceptability.

By End-Users, the market is segmented into woodworking, furniture, automotive, packaging, leather & footwear, consumer durables, construction, and others. The woodworking segment is anticipated to account for the largest share in the market. Contact adhesives are widely used in the woodworking industry because they can quickly bond wooden and porous substrates to improve performance and develop lightweight designs using multi-materials as there is an increasing focus on developing lightweight components to enhance aesthetic appeal. The automotive segment is projected to witness the highest growth rate during the forecast period, owing to technological advancements and rising demand for speciality contact adhesives.

By Geography, Asia-Pacific is projected to hold the largest share in the market during the forecast period because of increasing population, the rise in some vehicles and expansion of the automotive industry is expected to boost the growth of the Asia Pacific contact adhesives market. China and India are anticipated to hold the largest share in the market due to the expansion of their economies and the increase in buying capacity, and China was estimated to be the largest market regarding consumption. The demand for contact adhesives is increasing in North America and Europe due to the rise in construction and repair & maintenance activities.

Global Contact Adhesives Market Trends:

  • In September 2017, H.B. Fuller Company has acquired the Royal Adhesives and Sealants company.
  • In August 2016, Henkel AG & Co. KgaA has acquired the adhesives division of Alfagres S.A. company.

Global Contact Adhesives Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

  • 3M Company
  • Arkema Group (Bostik Sa)
  • Ashland Inc.
  • B. Fuller Company
  • Huntsman International Llc

Along with these companies, there were many other companies considered/cited in the report while analysing the global contact adhesives market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Dynamic economic development in Asia-Pacific

4.1.2 Advancing demand from the automotive industry

4.1.3 Increasing new construction activities

4.1.4 Renovation and remodeling activities

4.1.5 Rising growth in the emerging economies such as Asia-Pacific, Middle East & Africa, and South America

4.2 Restraints

4.2.1 Stringent environmental regulations regarding VOCs

4.2.2 Rising demand for steel and metal in manufacturing furniture

4.3 Opportunities

4.3.1 Increase in the export from the APAC countries

4.3.2 Demand for low-VOC adhesives

4.3.3 Rise in leather industry in India and China

4.3.4 Shifting focus towards water-based adhesives

4.4 Challenges

4.4.1 Volatility in raw material prices

Chapter 5 Global Contact Adhesives Market– By Technology

5.1 Water-based

5.2 Solvent-based

5.3 Others

Chapter 6 Global Contact Adhesives Market– By Type

6.1 Neoprene

6.2 Polyurethane

6.3 Acrylic

6.4 Styrene Butadiene Copolymer (SBC)

6.5 Others

Chapter 7 Global Contact Adhesives Market– By End-Users

7.1 Woodworking

7.2 Furniture

7.3 Automotive

7.4 Packaging

7.5 Leather & footwear

7.6 Consumer durables

7.7 Construction

7.8 Others

Chapter 8 Global Contact Adhesives Market- By Geography

8.1 Introduction

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.2.3 Mexico

8.3 Europe

8.3.1 U.K.

8.3.2 Germany

8.3.3 France

8.3.4 Italy

8.3.5 Spain

8.3.6. Rest of Europe

8.4 APAC

8.4.1 China

8.4.2 Japan

8.4.3 India

8.4.4 South Korea

8.4.5 Australia & New Zealand

8.4.6 Rest of APAC

8.5 South America

8.5.1 Brazil

8.5.2 Argentina

8.5.3 Others

8.6 Middle East & Africa

8.6.1 Middle East

8.6.2 Africa

Chapter 9 Global Contact Adhesives Market- Company Profiles

9.1 3M Company

9.2 Arkema Group (Bostik Sa)

9.3 Ashland Inc.

9.4 H.B. Fuller Company

9.5 Huntsman International Llc

9.6 The Dow Chemical Company

9.7 Pidilite Industries Limited

9.8 Royal Adhesives & Sealants

9.9 Lord Corporation

9.10 Permabond LLC.

9.11 Master Bond Inc.

9.12 Dymax Corporation

9.13 Scott Bader Company Ltd.

9.14 Hexcel Corporation

9.15 Henkel Ag & Co. Kgaa

Chapter 10 Global Contact Adhesives Market- Competitive Landscape

10.1. Market Share Analysis

10.2. Strategies Adopted by top companies

10.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 11 Market Insights

11.1. Industry Experts Insights

11.2. Analysts Opinions

11.3. Investment Opportunities

Chapter 12 Appendix

12.1 List of Tables

12.2 List of Figures

 

 

 

 

 

 

 

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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