Global Curing Adhesives Market Size Study, by Resin, by Product Type, by Application, and Regional Forecasts 2022-2032

Description

The Global Curing Adhesives Market is valued at approximately USD 6.39 billion in 2023 and is projected to grow at a significant CAGR of 7.76% during the forecast period from 2024 to 2032. Curing adhesives, with their versatile applications and robust properties, are pivotal in industries requiring durable bonding solutions. Their ability to provide superior mechanical stability, chemical resistance, and longevity makes them indispensable in sectors such as electronics, electricals, and beyond.

The increasing adoption of electronics and electrical devices globally is a primary driver for the market's growth. From smartphones to electric vehicles, curing adhesives play an essential role in ensuring reliability and efficiency. The surge in demand for UV and heat/thermal curing adhesives, known for their rapid setting times and enhanced environmental performance, reflects the industry's push towards innovation. Additionally, advancements in adhesive resin formulations, particularly in acrylate and epoxy-based systems, cater to the stringent requirements of high-performance applications.

The market is further bolstered by the rising emphasis on sustainable and environmentally friendly bonding solutions. Manufacturers are investing heavily in developing low-VOC and bio-based curing adhesives to align with global environmental standards. Despite challenges such as fluctuating raw material costs and stringent regulatory frameworks, innovations in smart adhesive technologies are poised to address these barriers, ensuring continued market expansion.

Regionally, Asia-Pacific leads the global curing adhesives market, driven by robust industrialization and the growing electronics manufacturing hub in countries like China, Japan, and South Korea. North America and Europe also exhibit strong market potential, supported by advancements in adhesive technologies and stringent regulatory compliance. Meanwhile, regions such as Latin America and the Middle East & Africa are expected to witness moderate growth, fueled by increasing investments in infrastructure and manufacturing capabilities.

Major market players included in this report are:

Henkel AG & Co. KGaA
3M Company
H.B. Fuller Company
Dow Inc.
Arkema Group
Sika AG
Huntsman Corporation
Ashland Global Holdings Inc.
Lord Corporation
Wacker Chemie AG
BASF SE
Permabond LLC
DELO Industrial Adhesives
Dymax Corporation
Adhesives Research Inc.

The detailed segments and sub-segment of the market are explained below:

By Resin:

Acrylate
Epoxy
Polyurethane
Silicone
Others

By Product Type:

Moisture Cure
UV Cure
Heat/Thermal Cure

By Application:

Electronics & Electrical
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024-2032

Key Takeaways:

Market estimates and forecasts for 10 years from 2022 to 2032.
Comprehensive regional analysis covering major countries and regions.
In-depth evaluation of competitive landscape and key business strategies.
Strategic recommendations for stakeholders to capitalize on emerging trends.
Detailed demand-side and supply-side analysis of the market.

Chapter 1. Global Curing Adhesives Market Executive Summary 1.1. Global Curing Adhesives Market Size & Forecast (2022-2032)

1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Resin
- 1.3.2. By Product Type
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Curing Adhesives Market Definition and Research Assumptions 2.1. Research Objective

2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Curing Adhesives Market Dynamics 3.1. Market Drivers

3.1.1. Increasing Adoption in Electronics & Electrical Industries
3.1.2. Advancements in Resin Formulations
3.1.3. Emphasis on Sustainable and Eco-friendly Solutions

3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Stringent Regulatory Compliance
3.3. Market Opportunities
- 3.3.1. Innovations in Bio-based and Low-VOC Adhesives
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Development of Smart Adhesive Technologies

Chapter 4. Global Curing Adhesives Market Industry Analysis 4.1. Porter's 5 Force Model

4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model
4.1.7. Porter's 5 Force Impact Analysis

4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Curing Adhesives Market Size & Forecasts by Resin 2022-2032 5.1. Segment Dashboard

5.2. Global Curing Adhesives Market: By Resin Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Acrylate
- 5.2.2. Epoxy
- 5.2.3. Polyurethane
- 5.2.4. Silicone
- 5.2.5. Others

Chapter 6. Global Curing Adhesives Market Size & Forecasts by Product Type 2022-2032 6.1. Segment Dashboard

6.2. Global Curing Adhesives Market: By Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Moisture Cure
- 6.2.2. UV Cure
- 6.2.3. Heat/Thermal Cure

Chapter 7. Global Curing Adhesives Market Size & Forecasts by Application 2022-2032 7.1. Electronics & Electrical Curing Adhesives Market

7.2. Others Curing Adhesives Market

Chapter 8. Global Curing Adhesives Market Size & Forecasts by Region 2022-2032 8.1. North America Curing Adhesives Market

8.1.1. U.S. Curing Adhesives Market
- 8.1.1.1. By Resin Breakdown Size & Forecasts, 2022-2032
- 8.1.1.2. By Product Type Breakdown Size & Forecasts, 2022-2032
8.1.2. Canada Curing Adhesives Market

8.2. Europe Curing Adhesives Market
- 8.2.1. UK Curing Adhesives Market
- 8.2.2. Germany Curing Adhesives Market
- 8.2.3. France Curing Adhesives Market
- 8.2.4. Spain Curing Adhesives Market
- 8.2.5. Italy Curing Adhesives Market
- 8.2.6. Rest of Europe Curing Adhesives Market
8.3. Asia-Pacific Curing Adhesives Market
- 8.3.1. China Curing Adhesives Market
- 8.3.2. India Curing Adhesives Market
- 8.3.3. Japan Curing Adhesives Market
- 8.3.4. Australia Curing Adhesives Market
- 8.3.5. South Korea Curing Adhesives Market
- 8.3.6. Rest of Asia-Pacific Curing Adhesives Market
8.4. Latin America Curing Adhesives Market
- 8.4.1. Brazil Curing Adhesives Market
- 8.4.2. Mexico Curing Adhesives Market
- 8.4.3. Rest of Latin America Curing Adhesives Market
8.5. Middle East & Africa Curing Adhesives Market
- 8.5.1. Saudi Arabia Curing Adhesives Market
- 8.5.2. South Africa Curing Adhesives Market
- 8.5.3. Rest of Middle East & Africa Curing Adhesives Market

Chapter 9. Competitive Intelligence 9.1. Key Company SWOT Analysis

9.1.1. Henkel AG & Co. KGaA
9.1.2. 3M Company
9.1.3. H.B. Fuller Company

9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Henkel AG & Co. KGaA
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Dow Inc.
- 9.3.3. Arkema Group
- 9.3.4. Sika AG
- 9.3.5. Huntsman Corporation
- 9.3.6. Ashland Global Holdings Inc.
- 9.3.7. Lord Corporation
- 9.3.8. Wacker Chemie AG
- 9.3.9. BASF SE
- 9.3.10. Permabond LLC

Chapter 10. Research Process 10.1. Research Process

10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing

10.2. Research Attributes