Contact Adhesives Market Growth, Trends, Share (2022-27) | Research Report
Market Overview:
During the forecast period, the contact adhesives market is expected to grow at a CAGR of around 5%. The major factors driving the market’s growth are the robust growth in demand from Asia-Pacific, as well as the expansion of the manufacturing sector. On the other hand, raw material price volatility and stringent environmental regulations regarding VOCs are two major concerns for the studied market.
The market was dominated by neoprene-based products. It is expected to grow during the forecast period due to increased demand from the footwear and construction industries.
During the forecast period, the shifting focus toward water-borne adhesives is likely to provide opportunities for the studied market.
Due to robust demand from growing industries such as construction, automotive, footwear, furniture, and packaging, Asia-Pacific dominated the global market.
Scope of the Report:
The scope of the contact adhesives market report includes: Read Full report
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