Market Size of Europe Contact Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | < 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Contact Adhesive Market Analysis
Europe contact adhesives market is expected to grow at a CAGR of around 3% during the forecast period. The demand for contact adhesives is widely driven by the recovery in construction activities and increased application in automotive industry for producing lightweight vehicles. However, stringent VOC emission regulations may affect 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 construction and footwear industries.
- The shifting focus toward water-borne adhesives is likely to offer opportunities for the contact adhesives market in the region.
- Germany 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 packaging, construction, woodworking and footwear.
