| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Contact Adhesives Market Analysis
The Contact Adhesives Market is expected to register a CAGR of less than 5% during the forecast period.
- 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 towardwater-borne adhesives is likely to provide opportunities for the studied market, during the forecast period.
- Asia-Pacific dominated the global market, due to robust demand from the growing industries, such as construction, automotive, footwear, furniture, and packaging.
Contact Adhesives Market Trends
Construction Industry to Dominate the Market Demand
- Contact adhesives, owing to their characteristics and physical 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, sal twater, rain, and other weathering conditions), have extensive use in the construction industry.
- They are mainly used in wooden flooring and artificial turf, owing to their property of strain crystallization. Though the use of contact adhesive in the construction sector is considered to be steady, the market is, however, expected to be affected at present, owing to the declining sector in the country.
- Countries such as the United States, China, India, etc., are the major countries where the construction industry is booming. With the increasing population in such countries, the demand for construction is also growing.
- For instance,according to the World Bank, globally, by 2020, theconstruction industry expenditure is likely to reach around USD11.9 trillion.
- Such an increase in the construction industry is likely to increase the demand for the contact adhesive market over the forecast period.
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Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share. The robust demand from industries, such as automotive, construction, footwear, furniture, and packaging, are likely to drive the growth of contact adhesives in the region.
- The following Asia-Pacific countries, such as China, India, Indonesia, Pakistan, and Bangladesh, are among the top 10 most populous countries in the world. Moreover, the population in such countries is increasing continuously, which is expected to significantly add to the demand for footwear in the coming years.
- The Chinese government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities, over the next 10 years.
- The Indian government’s target of investing USD 120.5 billion, for developing 27 industrial clusters, is expected to boost commercial construction in the country.
- China already has numerous airport construction projects under the planning or developing phase. The Indian government also plans to construct 100 new airports, by 2032.
- In addition, residential and commercial construction is also increasing in countries, such as the Philippines, Vietnam, and Indonesia.
- Moreover, with such robust growth in construction activities, the demand and production in the furniture market are expected to increase at a robust rate, in the coming years.
- Countries in the region, such as India, Indonesia, Malaysia, and Thailand, have been witnessing an increase in investment and production in the automotive industry. Besides, China stands to be the largest automotive producer in the world.
- Though production declined in China during 2018, the automotive production is expected to increase in the future, driven by the government and automaker’s efforts toward developing and increasing the sales of electronic vehicles.
- The region is also witnessing the fastest growth in the global packaging industry, where countries, such as China and India, have been leading the market. Factors, such as e-commerce, online food deliveries, and innovation and development in the packaging industry, have been driving the growth of the packaging industry in the region.
- Hence, all such market trends are likely to drive the demand for contact adhesives in the region, during the forecast period.
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Contact Adhesives Industry Overview
The contact adhesives market isfragmented in nature, with few players accounting for a small share of the market demand. Some of the major players in the market include Sika AG, Henkel AG & Co. KGaA, H.B. Fuller Co., Bostik (Arkema), and 3M, amongothers.
Contact Adhesives Market Leaders
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Henkel AG & Co. KGaA
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H.B. Fuller
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Bostik (Arkema)
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Sika AG
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3M
- *Disclaimer: Major Players sorted in no particular order
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Contact Adhesives Industry Segmentation
The scope of the contact adhesives market report includes:
| Technology | Water-borne | ||
| Solvent-borne | |||
| Other Technologies | |||
| Polymer | Neoprene | ||
| SBR | |||
| Acrylic Copolymer | |||
| Other Polymers | |||
| End-user Industry | Consumer Durables | ||
| Packaging | |||
| Automotive | |||
| Furniture | |||
| Footwear Leather | |||
| Construction | |||
| Other End-user Industries | |||
| Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Rest of Europe | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle East & Africa | Saudi Arabia | ||
| South Africa | |||
| Rest of Middle East & Africa | |||
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Contact Adhesives Market Research FAQs
What is the current Contact Adhesives Market size?
The Contact Adhesives Market is projected to register a CAGR of less than 5% during the forecast period (2025-2030)
Who are the key players in Contact Adhesives Market?
Henkel AG & Co. KGaA, H.B. Fuller, Bostik (Arkema), Sika AG and 3M are the major companies operating in the Contact Adhesives Market.
Which is the fastest growing region in Contact Adhesives Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Contact Adhesives Market?
In 2025, the Asia Pacific accounts for the largest market share in Contact Adhesives Market.
What years does this Contact Adhesives Market cover?
The report covers the Contact Adhesives Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Contact Adhesives Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Contact Adhesives Industry Report
Statistics for the 2025 Contact Adhesives market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Contact Adhesives analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
