Contact Adhesives Market, By Resign Type (Neoprene, Polyurethane, Acrylic, and SBC), By Technology (Water-based and Solvent-based), By End Use Industry (Automotive, Woodworking, Construction, and Leather & footwear), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI354219 | Publish Date: May 2024 | No. of Pages: 180

Global Contact Adhesives Market Market Trends

The global expansion in infrastructure projects is anticipated to fuel growth in the contact adhesive market. Contact adhesives are frequently used to bind carpet and plywood together and create a strong bond in furniture and doors. Global infrastructure development has surged due to rising disposable incomes, the number of businesses and government facilities, and rising demand for private spaces, all of which could propel the target market forward. The desire for bespoke furniture design has increased because people want to improve their living spaces. Rising disposable income and target market expansion can further fuel this demand. Growing numbers of startups and investments in businesses seeking large workspaces to boost productivity by fostering a positive environment by employers may be a significant driver of the contact adhesive market's growth in the years to come. 

Growth in Use as Conventional Stationery 

The growing utilization of contact adhesives in conventional stationary applications is a major driving force behind the contact adhesive market. Because of their high adhesion, speedy bonding, and ease of application, contact adhesives have become the go-to option for gluing paper, cardboard, and other stationary materials. Contact adhesives are commonly used in office settings for labeling, mounting posters, creating paper crafts, and attaching images. Contact adhesives are convenient because they can adhere to a substrate immediately upon contact, negating the need for clamping or further curing time. They are, therefore, perfect for bonding applications that require speed and efficiency in fixed jobs. Moreover, contact adhesives are versatile, enabling users to attain accurate and tidy bonding without worrying about extra glue or smearing. The market for contact adhesives is expected to grow due to the growing use of contact adhesives in regular stationary applications, which improves productivity and efficiency and feeds demand for these adaptable bonding solutions.