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Contact Adhesives Market Trends

Report ID: GMI6443
Published Date: Aug 2023
Report Format: PDF

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Contact Adhesives Market Trends

There's a growing demand for environmentally friendly and low-VOC (volatile organic compound) adhesives as industries and consumers prioritize sustainability and eco-friendliness. Industries are seeking contact adhesives with enhanced bonding performance, including improved shear strength, flexibility, and heat resistance, to meet more demanding applications. The pandemic heightened awareness of health and safety concerns, driving the demand for contact adhesives that are safe for users, emit fewer harmful fumes, and comply with stringent regulations.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for contact adhesives was valued at around USD 2.6 billion in 2022 and is estimated to reach USD 4.6 billion by the end of 2032, backed by the increasing construction activities.

Solvent based contact adhesives market segment was valued at USD 0.9 billion in 2022 as the product provides rapid initial bonding upon contact, making it preferred for applications where quick adhesion is crucial, such as construction and automotive.

U.S. market for contact adhesives was worth USD 0.6 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032, attributed to the ongoing construction and infrastructure projects in the region.

Illinois Tool Works Inc., Jowat SE, LORD Corporation, Avery Dennison Corporation, Pidilite Industries Ltd., Mapei Corporation, Ashland Global Holdings Inc., Permabond LLC, Franklin International, Chemique Adhesives Inc. among others.