Industry Analysis adn Size of “Contact Adhesives” Global Market - Share, Growth, Trends and Forecast 2017 - 2025
Press
Release - 18 April 2018
Global
Research and Development News
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Report
Description-
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An adhesive is a substance that is used to
bind two surfaces together. Contact adhesives are adhesives that 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. The drying process of
the adhesives is fast, and the bonded surfaces are very difficult to
separate. Thus, correct surface arrangement of the materials before
application of the adhesives is very important. The adhesive is able
to withstand rapid changes in 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.
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The contact adhesives market can be
segmented based on dispersion system, raw material, mode of
application, end-use industry, and region. Contact adhesives are
manufactured in either solvent-based system or water-based system.
Raw materials (base polymers) utilized for the production of contact
adhesives include polychloroprene, polyurethane, acrylic polymers,
styrene butadiene rubber, butyl rubber, and natural rubber. The raw
material and its grade and composition varies according to the
end-use application of the adhesives. Based on mode of application,
the contact adhesives market is divided into spraying, curtain
coating, roller coating, and brushing. Spraying is the most widely
utilized mode of application of the adhesives. Roller and curtain
coatings are employed for flat sheets. In terms of end-use
industries, the contact adhesives market can be segmented into
footwear, automotive, building & construction, furniture,
packaging, and others. Based on region, the contact adhesive market
can be segregated into Asia Pacific, Europe, Middle East &
Africa, North America, and Latin America.
Easy and fast adhesion, versatility in adhesion to
materials, high strength, flexible bonds, and resistance to aging,
heat, oils, and chemicals, are the driving factors of the contact
adhesives market. Solvent-based adhesive systems are preferred over
water-based systems due to their greater strength and durability.
However, commonly used solvents are flammable and toxic. Therefore,
additional precautions are required for safe handling of
solvent-based systems. Stringent environmental rules and regulations
for VOC emission are likely to hamper the market of contact
adhesives. On the other hand, water-based systems are safe and
eco-friendly, as compared to solvent-based systems. Water based
systems require more time to dry and have poor performance as
compared to that of solvent-based systems. Polychloroprene is
expected to dominate the contact adhesives market due to its high
ultimate and shear strength. The polymer is majorly utilized in the
footwear industry. Acrylic polymers are estimated to hold a major
share of the market by the end of the forecast period due to
eco-friendly nature.
Asia Pacific is anticipated to dominate contact
adhesives market due to the rise in number of vehicles and expansion
of the automotive industry in the region. China and India are
anticipated to hold prominent share of the market due to the
expansion of their economies and the increase in buying capacity.
Demand for contact adhesives is rising in North America and Europe
due to the rise in construction and repair & maintenance
activities.
Major players operating in the global contact
adhesives market include 3M, Arkema Group, Royal Adhesives &
Sealants LLC, Henkel AG & Co., and Wilsonart LLC.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/contact-adhesives-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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