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Contact Adhesives Market Size
- Report ID: GMI6443
- Published Date: Aug 2023
- Report Format: PDF
Contact Adhesives Market Size
Contact Adhesives Market size was valued at around USD 2.6 billion in 2022 and is estimated to register over 5.9% CAGR between 2023 and 2032. Contact adhesives can bond a wide range of materials, including wood, rubber, metal, leather, plastic, and fabric. This versatility makes them popular in various industries. Contact adhesives offer rapid adhesion upon contact, eliminating the need for clamping or extended curing times. This speed enhances productivity in manufacturing and assembly processes.
Contact adhesives are easy to apply and often come in spray or brush-on formulations. Their simple application process contributes to efficiency and reduced labour costs. Contact adhesives can create flexible bond lines that withstand movement and stress, making them suitable for applications that require some degree of flexibility.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Contact Adhesives Market Size in 2022: | USD 2.6 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.9% |
| 2032 Value Projection: | USD 4.6 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 191 |
| Segments covered: | Type, Substrate, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Contact adhesives form an immediate bond upon contact, leaving little room for repositioning or adjustment. This can be challenging when precise alignment is required. Some contact adhesives contain volatile organic compounds (VOCs) that can emit harmful solvents into the air during application and curing. Due to VOC emissions, proper ventilation is necessary when working with contact adhesives to ensure worker safety and prevent indoor air pollution. Thus, the risks associated with Contact adhesives may drive down the acceptance rate, further hampering the business growth.
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Contact Adhesives Market Scope
