South America Contact Adhesives Market | Growth, Trends, and Forecast (2020

South America Contact Adhesives Market - Growth, Trends, and Forecast (2020 - 2025)

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 (Brazil, Argentina, Chile, Colombia, and Rest of South America).

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

Greater Than 2 %

Major Players:

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Market Overview

South America contact adhesives market is expected to grow at a CAGR of more than 2% during the forecast period. The demand for contact adhesives is widely driven by the recovery in construction activities and increased application in automotive and aerospace industry for producing lightweight vehicles and aircrafts. 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 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.
Brazil stands to be the largest market for contact adhesives in the region, with consumption being majorly driven by the demand from end-user industries, such as packaging, construction, woodworking and footwear.

Scope of the report

South America 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
		Brazil
		Argentina
		Chile
		Colombia
		Rest of South America

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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.
With economies reviving from economic slowdown caused due to corruption, political instability and lack of investment, the construction industry in the region has been recovering at a steady pace.
Hence, with growing construction activities in countries, such as Brazil, Columbia, Chile and Peru are likely to drive the consumption of contact adhesives market in the region.

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Brazil to Dominate the Market

In terms of consumption, Brazil stands to be the largest market for contact adhesives in the region. Brazil had experienced a volatile economy over the past few years.
Political instability, high inflation, low prices of export of goods, and depressed confidence levels caused a contraction in the Brazilian economy.
However, the country’s economic growth is now supported by the recovery in various end-user industries, such as automotive and construction.
Currently, the country’s infrastructure sector is under flux. However, the government has introduced a program for infrastructure development to help leverage private sector logistics investment, which is likely to increase the scope for consumption of contact adhesive in the country during the forecast period.
Brazil retail sector stands to be the largest in the region which accounts for more than 35% of the regional retail sales. The sector is further witnessing noticeable growth in the country with growing demand for food and consumer goods.
Hence, all such trends are expected to drive the consumption of contact adhesives market in the country during the forecast period.

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Competitive Landscape

South America 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.

Major Players

1. INTRODUCTION
1. 1.1 Study Assumptions
2. 1.2 Scope of the Report
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Drivers
  1. 4.1.1 Recovery in Construction Industry
  2. 4.1.2 Increased Application in Automotive and Aerospace 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. 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 Brazil
  2. 5.4.2 Argentina
  3. 5.4.3 Chile
  4. 5.4.4 Colombia
  5. 5.4.5 Rest of South America
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 ITW Performance Polymers (Illinois Tool Works Inc.)
  13. 6.4.13 Jowat AG
  14. 6.4.14 Mapei Inc.
  15. 6.4.15 Sika AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
1. 7.1 Shifting Focus Toward Water-borne Adhesives

** Subject to Availability