Contact Adhesives Market is estimated to be US$ 12.9 billion by 2034; Rising Construction and Infrastructure Projects to Propel Market Growth

Published Date: February 2024

Contact Adhesives also known as contact cement or simply "contact glue" are versatile adhesives widely used in various industries and applications. They are popular for their strong bonding properties and ability to adhere to a wide range of materials. Contact adhesives are typically available in liquid or semi-liquid form and are applied to both surfaces that need to be joined together.Contact adhesives find applications across various industries and sectors. They are extensively used in construction for bonding laminates, veneers, and decorative materials. Automotive and furniture industries rely on contact adhesives for joining upholstery, fabrics, and other components. Footwear manufacturers utilize them for attaching soles, uppers, and trims. The versatility and reliability of contact adhesives have fueled their growth by catering to diverse needs.Contact Adhesives Market was valued at US$ 6.8 billion in 2024 and is projected to grow at a CAGR of 7.40 % to reach US$ 12.9 billion by 2034.

The report Contact Adhesives Market, By Resign Type (Neoprene, Polyurethane, Acrylic, and SBC), By Technology (Water-based and Solvent-based), By End Use Industry (Automotive, Woodworking, Construction, and Leather & footwear), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

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  • In March 2023, Eli Lilly has launched a new drug “Copellor” to treat moderate-to-severe plaque psoriasis in India. The drug is designed to specifically target a protein that plays a role in triggering and maintaining inflammation in psoriasis. Copellor is a prescription medicine that is only to be used on the advice of a dermatologist or rheumatologist and under medical supervision.

Analyst View:

The construction industry is projected to witness significant growth globally, driven by infrastructure development, residential and commercial construction, and renovation projects. Contact adhesives play a crucial role in bonding laminates, decorative materials, and other components in construction applications. The growing demand for contact adhesives in this sector is expected to contribute to Contact Adhesives Market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Contact Adhesives Market, By Resign Type (Neoprene, Polyurethane, Acrylic, and SBC), By Technology (Water-based and Solvent-based), By End Use Industry (Automotive, Woodworking, Construction, and Leather & footwear), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Contact Adhesives Market was valued at US$ 6.8 billion in 2024 and is projected to grow at a CAGR of 7.40 % to reach US$ 12.9 billion by 2034. Contact Adhesives Market is segmented based on Type, Application and Region.

  • Based on Resign Type, Contact Adhesives Market is segmented into Neoprene, Polyurethane, Acrylic, and SBC.
  • Based on Technology, Contact Adhesives Market is segmented into Water-based and Solvent-based.
  • Based on End Use Industry, Contact Adhesives Market is segmented into Automotive, Woodworking, Construction, and Leather & footwear.
  • By Region, the Contact Adhesives Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Competitive Landscape & their strategies of Contact Adhesives Market:

The prominent players operating in the Contact Adhesives Market includes, Henkel Ltd., 3M Inc., Bostik Inc., Jubilant Industries Ltd., B. Fuller, Illinois Tool Works Ltd., Sika Inc., Pidilite Industries, Royal Adhesives & Sealants, and Huntsman International.

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