Luton, Bedfordshire, United Kingdom, July 10, 2024 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Contact Adhesive Market
“Global Contact Adhesive Market Research Report 2024-2030” is a valuable source of insightful data for business strategists. It provides an industry overview with growth analysis and historical and future cost, revenue, demand and supply data (if applicable). Research analysts provide detailed explanations of value chain and retailer analysis. This Contact Adhesive market study provides comprehensive data that enhances the understanding, scope and application of this report. This report also provides an analysis of the impact of the COVID-19 pandemic on the industry.
The growing demand for sustainable and eco-friendly adhesives presents a significant opportunity in the contact adhesive market. Increasing consumer awareness and environmental regulations drive the need for adhesives with reduced volatile organic compound (VOC) emissions and low environmental impact. Manufacturers can capitalize on this opportunity by developing and promoting contact adhesives that meet eco-labeling standards, are derived from renewable resources, or offer recyclability and biodegradability. Offering sustainable adhesive options can attract environmentally conscious customers, expand market share, and enhance brand reputation. Investing in research and development to create innovative, eco-friendly formulations can help companies gain a competitive edge in the market and align with the growing sustainability trends in various industries
The contact adhesive market is expected to grow at 5.31 % CAGR from 2022 to 2029. It is expected to reach above USD 7.20 Billion by 2029 from USD 4.52 Billion in 2020.
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Top leading companies in the global Contact Adhesive market includes:
Dymax Corporation, H.B. Fuller, Huntsman International, Loxeal Engineering Adhesives, Henkel, Hernon Manufacturing, Inc, Bostik, Delo Industrial Adhesives, Lord Corporation, LLC, Jubilant Industries, Ashland Inc, Illinois Tool Works, 3M Company, Hexcel Corporation.
Recent Development:
Jan, 2021 ITW to acquired MTS Test & Simulation Business From Amphenol.
May, 2023 3M to invested nearly USD 150 million to advance capabilities in biopharma filtration technology.
Contact Adhesive Market segmentation:
Market segment by Type:
- Neoprene
- Polyurethane
- Acrylic
- SBC
Market segment by Application:
- Woodworking
- Automotive
- Construction
- Leather & Footwear
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Investigator Observers Strong Growth in Specific Regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa).
The Asia-Pacific region is expected to dominate the contact adhesive market. Factors contributing to its dominance include rapid industrialization, infrastructural development, and growing manufacturing sectors in countries like China, India, and Southeast Asian nations. The region’s strong economic growth, coupled with rising construction activities and increased automotive production, drives the demand for contact adhesives. Additionally, the region’s large population, expanding consumer base, and growing disposable income contribute to the market’s growth. Furthermore, favorable government initiatives, foreign investments, and technological advancements in adhesive manufacturing support the dominance of the Asia-Pacific region in the contact adhesive market.
Some key questions answered in the Contact Adhesive market report:
– What is the Contact Adhesive market growth, sales, production, consumption, import and export, trends, latest developments, etc. of each region/country?
– Which key regions or Contact Adhesive market segments will drive market development in the near future?
– The short-term and long-term factors affecting the industry due to COVID-19.
– Historical, current and future market development, growth and market size during the forecast period.
– The detailed qualitative analysis and quantitative insights provided in the report contribute to future growth.
– Comprehensive mapping of key players and the latest strategies adopted by industry players, Manufacturer behaviors analysis.
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Important functions under the reported products and main highlights:
– Detailed overview of the Contact Adhesive Market
– Changes in industry market dynamics
– History, current and projected market size in terms of volume and value
– Detailed Contact Adhesive market segmentation by type, application, etc.
– Recent industry trends and developments
– Competition Situation The high-frequency inductor market
– key company and product strategies
– shows promising growth potential and niche segments/regions
The research includes historical data from 2019 to 2024 and forecasts to 2030, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.
Finally, the Contact Adhesive Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Contact Adhesive industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We offer customization on Contact Adhesive market report based on specific client requirement:
1: Market Report in PDF and Excel format.
2: Access to 20% free customization.
3: Access to our analyst’s facts for the following 1 year.
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