Contact Adhesive Market - Opportunities, Size & Growth Projections
The global contact adhesive market is projected to grow at a formidable rate during the forecast period, 2017-2027. The market growth can be attributed to growing renovation and remodelling activities and rising R&D activities by major players. Besides, increased investments in chemical industries in the emerging economies and rising government expenditure on infrastructure development are some factors are expected to propel the demand for contact adhesive in the next five years. Additionally, rising application areas for contact adhesives in leather and footwear as well as growing focus on technological advancements and modernization in the production techniques are supporting the market growth. Besides, rising expenditure for research and development proficiencies by major companies and surge in industrialization are expected to positively influence the growth of the global contact adhesive market. Moreover, rise in demand for solvent and water-...