Contact Adhesives Market is forecast to grow at a CAGR of 5.2% for the forecast period of 2018 to 2025 to an estimated value of USD 5.79 million by 2025, from USD 3.86 million in 2017 due to accelerating renovation and remodelling activities are driving the growth of the market.
The growing demand for low-VOC adhesive and increase in the export from emerging countries will further create various new opportunities that will lead to the growth of the contact adhesives market in the above mentioned forecast period.
According to Data Bridge Market Research the contact adhesives market in developing regions is witnessing a growth in terms of its adoption rate, due to the rise in the new construction activities. However, the increase in the usage of steel and metal in manufacturing furniture along with the volatility in raw material prices will hamper the growth of the contact adhesives market in the forecast period of 2018 to 2025.
Now the question is which are the regions that contact adhesives market players should target? Data Bridge Market Research has forecasted large growth in Asia-Pacific because of rising usage of contact adhesives in the woodworking, automotive, leather & footwear and construction end-use industries.
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Contact adhesives market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.
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Key Market Competitors Covered in the report
Above are the key players covered in the report, to know about more and exhaustive list of contact adhesives companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-contact-adhesives-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Contact Adhesives Market – Industry Trends and Forecast to 2027