logo

Asia-Pacific Contact Adhesives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Resin (Neoprene, Styrene Butadiene Copolymer, Acrylic Copolymer, and Other Resins), Technology (Water-borne, Solvent-borne, and Other Technologies), End-user Industry (Automotive and Aerospace, Building and Construction, Consumer Durables, Leather and Footwear, Packaging, Woodworking, and Other End-user Industries), and Geography (China, India, Japan, South Korea, ASEAN Countries, and Rest of Asia-Pacific).

Home Industry Reports Chemicals & Materials Asia-Pacific Contact Adhesives Market - Growth, Trends, COVID-19 Impact, and For ...

Market Snapshot

Asia-Pacific Contact Adhesives Market - Market Summary
Study Period:

2016 - 2026

Base Year:

2019

CAGR:

>4 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Asia-Pacific contact adhesives market is expected to grow at a CAGR of more than 4% during the forecast period. The demand for contact adhesives is widely driven by the strong growth in construction industry and rising demand from woodworking industry. However, stringent regulations related to VOC emissions is likely to hinder the growth of the studied market.

  • The neoprene-based segment dominated the market. It is likely to grow during the forecast period, owing to the rising demand from the footwear and construction industry.
  • The shifting focus toward water-borne adhesives is likely to offer opportunities for the contact adhesives market in the region.
  • China stands to be the largest market for contact adhesives in the region, with consumption being majorly driven by the growing demand from end-user industries, such as construction, woodworking, packaging and footwear.

Scope of the report

Asia-Pacific contact adhesives market report include:

Resin
Neoprene
Styrene Butadiene Copolymer
Acrylic Copolymer
Other Resins
Technology
Water-borne
Solvent-borne
Other Technologies
End-user Industry
Building and Construction
Automotive and Aerospace
Consumer Durables
Packaging
Woodworking
Leather and Footwear
Other End-user Industries
Geography
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific

Report scope can be customized per your requirements. Click here.

Key Market Trends

Building and Construction Industry to Drive the Market Demand

  • Contact adhesives’ properties such as good cohesion, adhesion and elasticity, high cohesive strength, flexibility, high elastic modulus of substrate, resistance from thermal expansion, environmental resistance from UV light, corrosion, salt water, rain, and other weathering conditions, makes it extensively useful for application in construction industry.
  • They are mainly used in wooden flooring and artificial turf, owing to their property of strain crystallization.
  • In Asia-Pacific, countries, such as China, India, Indonesia, Vietnam and Thailand have been registering robust growth in construction activities and this trend is likely to continue in the near future. This is likely to propel the consumption of contact adhesives in the region.
  • In Asia-Pacific, the consumption of contact adhesives from construction industry is projected to be dominated by China, which has been investing significantly on airport and other infrastructure projects.
Asia-Pacific Contact Adhesives Market Revenue Share

To understand key trends, Download Sample Report

China to Dominate the Market

  • China dominates the contact adhesives market in the region, where the consumption is majorly driven by the demand from industries, such as construction, woodworking, packaging, leather and footwear and automotive.
  • The country stands to be the world’s largest producer of automotive, footwear and packaging. Owing to this, the country accounts for significant consumption of contact adhesives.
  • The construction sector has been recording a healthy growth in the country, owing to significant increase in government investment on large-scale infrastructure projects in order to ensure steady growth of the economy.
  • Moreover, owing to the growing air traffic, the government has planned to increase the number of airports to around 450 by 2035, which indicates about 91% increase over the current number of airports in the country. In this regards, there are numerous airport construction projects, which are either in development or planning stage in the country.
  • Hence, presence of the strong production base of such end-user industries and growing construction investments have been driving the consumption of contact adhesives in the country.
Asia-Pacific Contact Adhesives Market Revenue Share

To understand geography trends, Download Sample Report

Competitive Landscape

Asia-Pacific contact adhesives market is fragmented in nature. Some of the key players in the market includes 3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA, amongst others.

Asia-Pacific Contact Adhesives Market - Market Concentration.png

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Report

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Strong Growth in Construction Industry

      2. 4.1.2 Rising Demand from Woodworking Industry

    2. 4.2 Restraints

      1. 4.2.1 Stringent Environmental Regulations Regarding VOC Emissions

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin

      1. 5.1.1 Neoprene

      2. 5.1.2 Styrene Butadiene Copolymer

      3. 5.1.3 Acrylic Copolymer

      4. 5.1.4 Other Resins

    2. 5.2 Technology

      1. 5.2.1 Water-borne

      2. 5.2.2 Solvent-borne

      3. 5.2.3 Other Technologies

    3. 5.3 End-user Industry

      1. 5.3.1 Building and Construction

      2. 5.3.2 Automotive and Aerospace

      3. 5.3.3 Consumer Durables

      4. 5.3.4 Packaging

      5. 5.3.5 Woodworking

      6. 5.3.6 Leather and Footwear

      7. 5.3.7 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 China

      2. 5.4.2 India

      3. 5.4.3 Japan

      4. 5.4.4 South Korea

      5. 5.4.5 ASEAN Countries

      6. 5.4.6 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Arkema Group

      3. 6.4.3 Ashland

      4. 6.4.4 Avery Dennison Corporation

      5. 6.4.5 Beardow Adams

      6. 6.4.6 Dow

      7. 6.4.7 Dymax Corporation

      8. 6.4.8 Franklin International

      9. 6.4.9 H.B. Fuller

      10. 6.4.10 Henkel AG & Co. KGaA

      11. 6.4.11 Huntsman International LLC

      12. 6.4.12 Intact Adhesives (KMS Adhesives Ltd)

      13. 6.4.13 ITW Performance Polymers (Illinois Tool Works Inc.)

      14. 6.4.14 Jowat AG

      15. 6.4.15 Mapei Inc.

      16. 6.4.16 Sika AG

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Shifting Focus Toward Water-borne Adhesives

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Asia-Pacific Contact Adhesives Market market is studied from 2016 - 2026.

The Asia-Pacific Contact Adhesives Market is growing at a CAGR of >4% over the next 5 years.

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

Are the major companies operating in Asia-Pacific Contact Adhesives Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!