Contact Adhesives Market Size 2024-2028
The contact adhesives market size is forecast to increase by USD 1.15 billion, at a CAGR of 4.5% between 2023 and 2028.
- The market is experiencing significant growth, driven by the increasing replacement of mechanical fasteners with contact adhesives in various industries. Neoprene, isocyanate, and polyurethane adhesives are popular types used in applications such as packaging, furniture, footwear, and flooring. This shift is attributed to the advantages of contact adhesives, including their ability to form strong, permanent bonds and their versatility in bonding different materials. Furthermore, the adoption of sustainable products is gaining momentum, with contact adhesives offering eco-friendly alternatives to traditional solvent-based adhesives. However, the market faces challenges, including the volatile raw material prices, which can impact the cost structure of manufacturers and ultimately, the market competitiveness.
- Companies in the market must navigate these challenges by exploring alternative raw material sources, optimizing production processes, and focusing on innovation to maintain profitability and market share. By capitalizing on the market's growth drivers and addressing the challenges effectively, companies can position themselves for success in the dynamic and evolving market.
What will be the Size of the Contact Adhesives Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market showcases a dynamic and ever-evolving landscape, driven by the diverse requirements of various sectors. Acrylic adhesives, with their excellent tensile strength and chemical resistance, continue to be a preferred choice for numerous applications. Epoxy adhesives, known for their superior bonding capabilities and temperature resistance, find extensive use in automotive and aerospace industries. Cyanoacrylate adhesives, renowned for their quick curing time and high initial bond strength, are indispensable in medical and packaging applications. Silicone adhesives, with their exceptional temperature resistance and substrate compatibility, are widely utilized in construction and electronics sectors. The demand for structural adhesives, offering superior creep resistance and shear strength, is on the rise in the automotive and aerospace industries.
Health and safety concerns have led to increased focus on water-based adhesives and recyclable options, while regulatory compliance and quality control remain top priorities. The market for high-performance adhesives, including anaerobic, construction, and UV-curable adhesives, continues to expand as industries seek solutions with enhanced bond strength and industry standards compliance. Application methods, surface preparation, and waste management are crucial considerations, with ongoing research and development aimed at improving open time, shelf life, and testing procedures. The ongoing unfolding of market activities reveals evolving patterns in the use of specialty adhesives, adhesion promotion techniques, and personal protective equipment.
Polyurethane, hot melt, and thermoplastic adhesives are gaining popularity due to their versatility and performance advantages. Occupational hazards associated with solvent-based adhesives are driving the shift towards greener alternatives, such as bio-based and pressure-sensitive adhesives. In this ever-changing market, innovation and adaptability are key. The continuous evolution of contact adhesives is shaped by the demands of various industries, with ongoing research and development focusing on improving performance, sustainability, and safety.
How is this Contact Adhesives Industry segmented?
The contact adhesives industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Application
- Woodworking
- Automotive
- Footwear and leather
- Construction
- Others
- Geography
- North America
- US
- Europe
- Germany
- UK
- APAC
- China
- India
- Rest of World (ROW)
- North America
By Application Insights
The woodworking segment is estimated to witness significant growth during the forecast period.
Contact adhesives are essential in various industries due to their versatile properties, including tensile strength, chemical resistance, and temperature resistance. Acrylic adhesives offer excellent substrate compatibility, making them suitable for structural applications. Epoxy adhesives provide superior bond strength and are commonly used in automotive and aerospace industries for their high performance. Silicone adhesives offer excellent temperature resistance and are often used in medical applications for health and safety reasons. Cyanoacrylate adhesives, or super glues, offer quick curing time and are widely used in industrial and consumer applications. Structural adhesives are essential in the construction industry for bonding materials and creating strong, durable structures.
Recyclable adhesives are gaining popularity due to their environmental benefits. Surface preparation is crucial for achieving successful adhesive bonding. Proper application methods, such as dispensing equipment, are essential for optimizing adhesive performance. Safety measures, including personal protective equipment, are necessary when handling adhesives to minimize occupational hazards. Contact adhesives are used in various industries, including automotive, aerospace, medical, and construction. In the construction industry, contact adhesives are used extensively in woodworking applications due to their high resistance to moisture and weather conditions. They are also used in packaging, electronics, and thermoplastic industries. Regulatory compliance and quality control are essential in the production and application of contact adhesives.
Testing procedures are used to ensure adhesive performance and safety. High-performance adhesives, such as anaerobic and hot melt adhesives, offer unique properties for specific applications. Contact adhesives come in various forms, including water-based, solvent-based, and UV-curable. They are used in various applications, including bonding, sealing, coating, and laminating. Industry standards and application-specific requirements guide the selection and use of contact adhesives. In conclusion, contact adhesives are essential in various industries due to their versatile properties and wide range of applications. Proper application methods, safety measures, and regulatory compliance are crucial for optimizing adhesive performance and ensuring safety.
The woodworking industry is expected to witness significant growth due to the wide range of applications of contact adhesives in this sector.
The Woodworking segment was valued at USD 1.5 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Contact adhesives have gained significant traction in various industries due to their unique properties, including tensile strength, chemical resistance, and temperature resistance. Acrylic adhesives, epoxy adhesives, cyanoacrylate adhesives, silicone adhesives, and structural adhesives are popular choices for their compatibility with diverse substrates and high bond strength. The automotive and aerospace sectors rely heavily on these adhesives for their ability to withstand extreme conditions. Health and safety concerns have driven the need for stringent surface preparation and application methods, ensuring proper curing time and waste management. Regulatory compliance and quality control are essential in the production of medical adhesives and high-performance adhesives.
The shift towards sustainable practices has led to the development of recyclable adhesives and green adhesives. The Asia Pacific region, particularly China, Japan, India, and Australia, is experiencing a surge in demand for contact adhesives due to the growth of the construction sector and infrastructure development. Governments in these countries are investing in urbanization initiatives, with India aiming to house 40% of its population in urban areas and contribute 75% of its GDP by 2030. This urban expansion will lead to increased demand for various types of contact adhesives, including construction adhesives, industrial adhesives, and packaging adhesives.
Innovations in adhesive technology include the development of anaerobic adhesives, hot melt adhesives, and uv-curable adhesives, which offer advantages such as faster curing times, improved shear strength, and increased open time. Specialty adhesives cater to specific applications, such as electronics, thermoplastic bonding, and adhesion promotion. Contact adhesives are integral to various industries, from automotive and aerospace to construction and packaging. Their versatility and evolving properties continue to drive their demand and influence the market's dynamics.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Contact Adhesives Industry?
- The shift from mechanical fasteners to contact adhesives is the primary market trend, driving significant growth in the adhesives industry.
- Contact adhesives have gained significant traction in various industries due to their superior performance and ability to replace traditional joining methods such as mechanical fastening and welding. The industrial adhesives market has witnessed growth as a result of the increasing demand for advanced materials and complex manufacturing requirements. Contact adhesives offer several advantages over conventional bonding methods, including better bond strength, open time, and ease of application. UV-curable adhesives, electronics adhesives, thermoplastic adhesives, and pressure sensitive adhesives are some of the popular types of contact adhesives used in industries. Green adhesives and bio-based adhesives are also gaining popularity due to their eco-friendly nature.
- Industry standards and regulations have played a crucial role in the development of contact adhesives, ensuring their safety and effectiveness. Dispensing equipment is essential for the efficient application of contact adhesives, and manufacturers are continuously innovating to improve the technology. Contact adhesives are widely used in various end-user industries such as construction, consumer durables, woodworking, packaging, and furniture. The superior product performance and better operation of contact adhesives compared to conventional procedures have led to their increased adoption in these industries. Overall, the market is expected to continue growing as industries seek more efficient and effective bonding solutions.
What are the market trends shaping the Contact Adhesives Industry?
- Sustainable products are gaining increasing popularity in the market, making it a notable trend for professionals and consumers alike. Adoption of eco-friendly goods is not only a current preference but also a significant forecast for future market developments.
- Contact adhesives, including acrylic, epoxy, cyanoacrylate, silicone, and others, are essential bonding solutions in various industries due to their superior properties such as tensile strength, chemical resistance, and temperature resistance. The market is experiencing significant growth, driven by the increasing demand for these adhesives in automotive and aerospace applications. The market's expansion can also be attributed to the growing focus on substrate compatibility and health and safety concerns. Acrylic adhesives offer excellent flexibility and bonding strength, making them suitable for automotive and construction applications. Epoxy adhesives provide high chemical resistance and excellent temperature resistance, making them ideal for structural bonding in aerospace and industrial applications.
- Silicone adhesives offer excellent temperature resistance and sealing properties, making them popular in automotive and construction applications. Cyanoacrylate adhesives, also known as instant adhesives, offer fast curing and high bonding strength, making them ideal for various applications, including medical, consumer, and industrial uses. The growing demand for these adhesives in various industries is expected to drive the market's growth during the forecast period. The favorable government policies and regulations regarding the use of contact adhesives in various applications are also expected to boost the market's growth. However, the storage conditions of contact adhesives need to be carefully managed to maintain their properties and ensure optimal performance.
- Proper storage conditions, such as temperature and humidity control, are essential to preserve the adhesives' quality and extend their shelf life. In conclusion, the market is expected to grow at a significant rate due to the increasing demand for these adhesives in various industries, including automotive and aerospace, and the favorable government policies and regulations supporting their use. The superior properties of contact adhesives, such as tensile strength, chemical resistance, and temperature resistance, make them an ideal choice for various applications, driving their market growth during the forecast period.
What challenges does the Contact Adhesives Industry face during its growth?
- The volatile pricing of raw materials poses a significant challenge to the industry's growth trajectory.
- Contact adhesives are essential binding agents used to join various surfaces, including glass, mirror, ceramics, leather, fabric, plastics, wood, concrete, stone, and metal-to-porous surfaces. These adhesives primarily consist of natural or synthetic rubber with a rubber basis, making them suitable for diverse applications. The production of most polymers, including those used in contact adhesives, relies on the energy-intensive process of polymerization, linking the cost and availability of crude oil to the market. In 2020, the contact adhesive market experienced a significant fluctuation due to the COVID-19 pandemic. The sudden surge in demand for raw materials in March, followed by global lockdowns, led to a spike in prices.
- However, the demand for these materials dropped to a multi-year low in April as isocyanate and polyol orders were canceled or delayed. This negatively impacted the growth of the global contact adhesive market. Surface preparation plays a crucial role in ensuring the successful application of contact adhesives. Proper testing procedures and quality control are essential to ensure adhesive performance and regulatory compliance. In response to growing environmental concerns, there is a rising demand for recyclable adhesives and those with extended shelf life. Water-based and creep resistance adhesives are also gaining popularity due to their environmental benefits and improved performance.
- Curing time and waste management are critical factors in the production and application of contact adhesives. Efficient waste management practices and shorter curing times can help reduce costs and improve overall productivity. Additionally, the medical adhesives segment is experiencing significant growth due to advancements in healthcare technology and an aging population. To maintain product quality and consistency, it is essential to adhere to rigorous testing procedures and regulatory compliance. Market dynamics, such as technological advancements, changing consumer preferences, and regulatory requirements, are continually shaping the contact adhesive market.
Exclusive Customer Landscape
The contact adhesives market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the contact adhesives market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, contact adhesives market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
3M Co. - The company's 3M Fastbond solution delivers robust, high-temperature bonds with a four-hour working time, ensuring superior strength and durability for various applications.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- 3M Co.
- American Chemical and Adhesives LLC
- Avery Dennison Corp.
- Buhnen GmbH and Co. KG
- Collano AG
- Costchem SRL
- Dow Inc.
- Franklin International
- H.B. Fuller Co.
- Henkel AG and Co. KGaA
- Hexion Inc.
- Huntsman Corp
- Intertape Polymer Group Inc.
- Jowat SE
- LINTEC Corp.
- Parker Hannifin Corp.
- Pidilite Industries Ltd
- Sika AG
- Tex Year Industries Inc
- Wacker Chemie AG
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Contact Adhesives Market
- In January 2024, 3M, a leading manufacturer of adhesives, announced the launch of a new contact adhesive product line, Scotch-Weld DP8000 Series, designed for high-performance bonding in various industries, including automotive and construction (3M Press Release).
- In March 2024, Henkel and H.B. Fuller, two major contact adhesive companies, formed a strategic partnership to expand their combined product offerings and enhance their market presence (Henkel Press Release).
- In May 2024, Sika AG, a global specialty chemicals company, acquired Permabond LLC, a U.S.-based manufacturer of high-performance structural adhesives and sealants, to strengthen its position in the market (Sika AG Press Release).
- In April 2025, the European Union approved the use of a new contact adhesive technology from H.B. Fuller, enabling the company to expand its product offerings and meet the growing demand for sustainable adhesive solutions (European Commission Press Release).
Research Analyst Overview
- The market is a dynamic and intricate industry, driven by advancements in polymer chemistry and adhesives technology. Industry associations play a crucial role in fostering innovation and collaboration among stakeholders, including chemical engineering and material science experts. Process optimization and cost reduction are key trends, with companies focusing on improving coating materials through crosslinking agents and surface treatment. Quality assurance and product lifecycle management are essential for ensuring customer satisfaction and maintaining a competitive edge. Certification bodies and standards organizations help ensure compliance with regulations and industry standards. Mechanical engineering, industrial engineering, and maintenance and repair applications continue to drive demand for bonding agents and repair compounds.
- Trade shows and training and education programs provide opportunities for supply chain management and value engineering, while technical support and adhesive remover solutions address customer needs. The market for contact adhesives is a complex web of interconnected factors, requiring a deep understanding of chemical engineering, mechanical engineering, and material science.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Contact Adhesives Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
143 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
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Market growth 2024-2028 |
USD 1154.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.23 |
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Key countries |
China, US, Germany, UK, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Contact Adhesives Market Research and Growth Report?
- CAGR of the Contact Adhesives industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the contact adhesives market growth of industry companies
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