Europe Contact Adhesives Market Size (2024 - 2029)

The Europe contact adhesive market is anticipated to experience growth, driven by the resurgence in construction activities and increased use in the automotive sector for lightweight vehicle production. The market size is influenced by the dominance of the neoprene-based segment, spurred by demand from construction and footwear industries. Opportunities are emerging from the shift towards water-borne adhesives, despite challenges posed by stringent VOC emission regulations. Germany holds the largest market share, with significant consumption from packaging, construction, woodworking, and footwear industries.

Market Size of Europe Contact Adhesives Industry

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Europe Contact Adhesives Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.00 %
Market Concentration Low

Major Players

Europe Contact Adhesives Market Key Players

*Disclaimer: Major Players sorted in no particular order

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Europe Contact Adhesive Market Analysis

Europe contact adhesives market is expected to grow at a CAGR of around 3% during the forecast period. The demand for contact adhesives is widely driven by the recovery in construction activities and increased application in automotive industry for producing lightweight vehicles. 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 construction and footwear industries.
  • The shifting focus toward water-borne adhesives is likely to offer opportunities for the contact adhesives market in the region.
  • Germany stands to be the largest market for contact adhesives in the region, with consumption being majorly driven by the growing demand from end-user industries, such as packaging, construction, woodworking and footwear.

Europe Contact Adhesive Industry Segmentation

Europe 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
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
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Europe Contact Adhesives Market Size Summary

The Europe contact adhesive market is poised for growth, driven by the resurgence in construction activities and the automotive industry's shift towards lightweight vehicles. The neoprene-based segment leads the market, fueled by demand from the construction and footwear sectors. However, the market's expansion faces challenges from stringent VOC emission regulations. The trend towards water-borne adhesives presents new opportunities for growth. Germany emerges as the largest market within the region, with significant consumption attributed to the packaging, construction, woodworking, and footwear industries. The properties of contact adhesives, such as high cohesive strength and environmental resistance, make them particularly valuable in construction applications, including wooden flooring and artificial turf.

The construction sector's growth in Europe, especially in countries like Germany, the United Kingdom, Italy, Spain, and Russia, is expected to bolster the demand for contact adhesives. Germany's robust construction industry, supported by favorable economic conditions and government investments, is a key driver of market consumption. The country's ongoing construction projects and the retail sector's expansion, spurred by increased online grocery orders and eco-friendly packaging initiatives, further contribute to the market's growth. The European contact adhesives market is characterized by its fragmented nature, with major players such as 3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA playing significant roles in shaping the competitive landscape.

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Europe Contact Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Recovery in Construction Industry

      2. 1.1.2 Increased Application in Automotive and Aerospace Industry

    2. 1.2 Restraints

      1. 1.2.1 Stringent Environmental Regulations Regarding VOC Emissions

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin

      1. 2.1.1 Neoprene

      2. 2.1.2 Styrene Butadiene Copolymer

      3. 2.1.3 Acrylic Copolymer

      4. 2.1.4 Other Resins

    2. 2.2 Technology

      1. 2.2.1 Water-borne

      2. 2.2.2 Solvent-borne

      3. 2.2.3 Other Technologies

    3. 2.3 End-user Industry

      1. 2.3.1 Building and Construction

      2. 2.3.2 Automotive and Aerospace

      3. 2.3.3 Consumer Durables

      4. 2.3.4 Packaging

      5. 2.3.5 Woodworking

      6. 2.3.6 Leather and Footwear

      7. 2.3.7 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Germany

      2. 2.4.2 United Kingdom

      3. 2.4.3 France

      4. 2.4.4 Italy

      5. 2.4.5 Spain

      6. 2.4.6 Rest of Europe

Europe Contact Adhesives Market Size FAQs

The Europe Contact Adhesives Market is projected to register a CAGR of less than 3% during the forecast period (2024-2029)

3M, Henkel AG & Co. KGaA, Arkema Group, H.B. Fuller and Sika AG are the major companies operating in the Europe Contact Adhesives Market.

Europe Contact Adhesive Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)