Europe Contact Adhesive Market

Europe Contact Adhesive Market by Resins (Neoprene, Styrene Butadiene Copolymer, Acrylic Copolymer, and Others), Technologies (Water-borne, Solvent-borne, and Others), End-user Industries (Automotive & Aerospace, Building & Construction, Consumer Durables, Leather & Footwear, Packaging, Woodworking, and Others), and Geographies (Germany, UK, France, Italy, Spain, and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1702
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 190
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The Europe contact adhesive market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the easy & fast adhesion, high strength, and resistance to aging, heat, oils, and chemicals.

An adhesive is a substance that is used to bind two surfaces together. Contact adhesives are employed for high strength binding of different materials. They are also known as semi-structural adhesives. The surfaces of both substrates to be bonded are coated with contact adhesive evenly. Once the adhesive dries by the evaporation of solvent, slight pressure is applied, resulting in high initial strength.

Europe Contact Adhesive Market Key Takeaways

The drying process of the adhesives is fast, and the bonded surfaces are difficult to separate. Thus, correct surface arrangement of the materials is crucial before application of the adhesives. The adhesive can withstand rapid changes in respect to temperature, moisture, and vibrations. Contact adhesives can be utilized for binding of materials such as paper & board, wood, leather, fabric, metal, rubber, glass, ceramic, and plastic. These adhesives are preferred for products with large surface area.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising construction activities and increasing application of contact adhesives in the automotive industry to produce lightweight vehicles are projected to boost the market growth.
  •  Growing demand from packaging and woodworking industries are expected to propel the market expansion in the coming years.
  • Traditional joining adhesives such as soldering, riveting, welding, and screwing are replaced by modern and next-generation adhesive systems, which is anticipated to drive the market growth.
  • Various manufacturers are taking initiatives to develop durable, low-cost, water-based contact adhesives, and improve their properties for end-user industries, which is expected to propel the market growth.
  • Accelerating renovation and remodelling activities are driving the market growth.
  • Increasing export from emerging economies and rising demand for specialty contact adhesives are one of the major factors spurring the market growth.
  • Commonly used solvents are flammable and toxic, which requires safe handling. This factor can restrict the market expansion in the coming years.
  • Stringent environmental rules and regulations for volatile organic compounds (VOC) emission are anticipated to hamper the market growth.
  • Increasing R&D investments and ongoing technological advancements in the contact adhesive industry are expected to create significant opportunities for the industry players in the projected timeline,

Scope of the Report

The report on the Europe contact adhesive market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Contact Adhesive Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Resins (Neoprene, Styrene Butadiene Copolymer, Acrylic Copolymer, and Others), Technologies (Water-borne, Solvent-borne, and Others), End-user Industries (Automotive & Aerospace, Building & Construction, Consumer Durables, Leather & Footwear, Packaging, Woodworking, and Others)

Geographical Scope

Germany, UK, France, Italy, Spain, and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3M, Henkel AG & Co. KGaA, Arkema Group, H.B. Fuller, and Sika AG.

Europe Contact Adhesive Market Segment Insights

Resins segment to account a large market share

On the basis of resins, the market is segregated into neoprene, styrene butadiene copolymer, acrylic copolymer, and others. The neoprene segment is expected to constitute a key market share during the forecast period owing to rising demand from the footwear industry. Moreover, easy availability and wide acceptability is expected to drive the market segment growth.

Water-borne segment to expand at a significant pace

In terms of technologies, the market is divided into water-borne, solvent-borne, and others. The water-borne segment is expected to grow at a rapid pace during the forecast period. Water-borne systems are safe and eco-friendly, as compared to solvent-based systems, which aids in the augmentation of the market segment growth.

Building & construction segment is anticipated to expand at a substantial CAGR

Based on end-user industries, the market is segmented into automotive & aerospace, building & construction, consumer durables, leather & footwear, packaging, woodworking, and others. The building & construction market is anticipated to register a high CAGR during the forecast period. Contact adhesives confer properties such as good cohesion, high elastic modulus of substrate, resistance from thermal expansion, environmental resistance from UV light, corrosion, salt water, and rain. These properties make it a favored option in the construction industry.

Europe Contact Adhesive Market By End Users

Germany is anticipated to dominate the market

On the basis of geographies, the market is categorized as Germany, UK, France, Italy, Spain, and Rest of Europe. Germany is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the presence of one of the largest production base of industries, such as aerospace, automotive, and packaging. Germany has introduced a new Packaging Act, which is driving the industry toward eco-friendly packaging practices.

Segments

The Europe contact adhesive market has been segmented on the basis of

Resins
  • Neoprene
  • Styrene Butadiene Copolymer
  • Acrylic Copolymer
  • Others
Technologies
  • Water-borne
  • Solvent-borne
  • Others
End-user Industries
  • Automotive & Aerospace
  • Building & Construction
  • Consumer Durables
  • Leather & Footwear
  • Packaging
  • Woodworking
  • Others
Geographies
  • Germany
  • UK
  •  France
  • Italy
  • Spain
  • Rest of Europe
Key Players
  • 3M
  • Henkel AG & Co. KGaA
  • Arkema Group
  • H.B. Fuller
  • Sika AG

Competitive Landscape

Key players competing in the Europe contact adhesive market include 3M, Henkel AG & Co. KGaA, Arkema Group, H.B. Fuller, and Sika AG.

Europe Contact Adhesive Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Contact Adhesive Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Contact Adhesive Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Contact Adhesive Market - Supply Chain
  4.5. Global Contact Adhesive Market Forecast
     4.5.1. Contact Adhesive Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Contact Adhesive Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Contact Adhesive Market Absolute $ Opportunity
5. Global Contact Adhesive Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Contact Adhesive Market Size and Volume Forecast by Applications
     5.3.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Contact Adhesive Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Contact Adhesive Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Contact Adhesive Demand Share Forecast, 2019-2026
7. North America Contact Adhesive Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Contact Adhesive Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Contact Adhesive Market Size and Volume Forecast by Applications
     7.4.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Contact Adhesive Demand Share Forecast, 2019-2026
8. Latin America Contact Adhesive Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Contact Adhesive Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Contact Adhesive Market Size and Volume Forecast by Applications
     8.4.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Contact Adhesive Demand Share Forecast, 2019-2026
9. Europe Contact Adhesive Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Contact Adhesive Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Contact Adhesive Market Size and Volume Forecast by Applications
     9.4.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Contact Adhesive Demand Share Forecast, 2019-2026
10. Asia Pacific Contact Adhesive Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Contact Adhesive Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Contact Adhesive Market Size and Volume Forecast by Applications
     10.4.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Contact Adhesive Demand Share Forecast, 2019-2026
11. Middle East & Africa Contact Adhesive Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Contact Adhesive Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Contact Adhesive Market Size and Volume Forecast by Applications
     11.4.1. Automotive & Aerospace Building & Construction Consumer Durables Leather & Footwear Packaging Woodworking  
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Contact Adhesive Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Contact Adhesive Market: Market Share Analysis
  12.2. Contact Adhesive Distributors and Customers
  12.3. Contact Adhesive Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. 3M Henkel AG & Co. KGaA Arkema Group H.B. Fuller Sika AG
The Europe contact adhesive market has been segmented on the basis of

Resins
  • Neoprene
  • Styrene Butadiene Copolymer
  • Acrylic Copolymer
  • Others
Technologies
  • Water-borne
  • Solvent-borne
  • Others
End-user Industries
  • Automotive & Aerospace
  • Building & Construction
  • Consumer Durables
  • Leather & Footwear
  • Packaging
  • Woodworking
  • Others
Geographies
  • Germany
  • UK
  •  France
  • Italy
  • Spain
  • Rest of Europe
Key Players
  • 3M
  • Henkel AG & Co. KGaA
  • Arkema Group
  • H.B. Fuller
  • Sika AG

Key players competing in the Europe contact adhesive market include 3M, Henkel AG & Co. KGaA, Arkema Group, H.B. Fuller, and Sika AG.

Europe Contact Adhesive Market By Key Players

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