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

Description

The global water-based adhesives market was valued at approximately USD 35.28 billion in 2023 and is projected to grow at a CAGR of 9.5% over the forecast period from 2024 to 2032. The market is witnessing robust growth due to increasing demand for environmentally friendly, low-VOC (volatile organic compounds), and sustainable adhesives across multiple industries, including packaging, construction, automotive, and woodworking. Water-based adhesives, which use water as a carrier instead of harmful solvents, are preferred for their lower toxicity and compliance with stringent environmental regulations.

Water-based adhesives offer strong bonding strength, fast drying properties, and cost-effectiveness, making them an ideal choice for manufacturers seeking eco-friendly alternatives. The rising emphasis on sustainable packaging solutions, especially with the growth of e-commerce and logistics, is a key driver fueling the demand for water-based adhesives. Additionally, increasing government regulations and consumer preferences toward green materials have significantly contributed to their widespread adoption in automotive, furniture, and construction applications.

The shift toward bio-based formulations is another emerging trend shaping the market. Innovations in biodegradable adhesives, enhanced bonding capabilities, and smart adhesive technology are providing manufacturers with new revenue opportunities. Water-based adhesives are gaining traction in tapes & labels, bookbinding, pressure-sensitive adhesives, flooring, and textile lamination due to their flexibility and durability. Moreover, advancements in acrylic polymer emulsions and polyvinyl acetate (PVA) emulsions are enhancing their resistance to moisture, heat, and chemical exposure, making them highly competitive against solvent-based adhesives.

Geographically, Asia Pacific dominates the market due to rapid urbanization, booming industrial sectors, and increasing demand for sustainable adhesives. Meanwhile, North America and Europe are witnessing strong growth driven by environmental compliance, increased investments in green buildings, and regulatory standards mandating low-VOC emissions.

Major Market Players Included in This Report:

Henkel AG & Co. KGaA
H.B. Fuller
Arkema
Dow
Ashland
Bayer AG
PPG Industries
Sika AG
Akzo Nobel N.V.
3M
DuPont
Avery Dennison Corporation
Bostik (Arkema Group)
Mitsubishi Chemical Corporation
Franklin International

The Detailed Segments and Sub-segments of the Market are Explained Below:

By Resin Type:

Acrylic Polymer Emulsion
Polyvinyl Acetate Emulsion
Vinyl Acetate Ethylene Emulsion
Styrene Butadiene Latex
Polyurethane Dispersions
Other Resin Types

By Application:

Tapes & Labels
Paper & Packaging
Woodworking
Building & Construction
Automotive & Transportation
Other Applications

By Region:

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa

Years Considered for the Study:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Water-Based Adhesives Market Executive Summary

1.1. Global Water-Based Adhesives Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Resin Type
- 1.3.2. By Application
1.4. Key Market Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Water-Based Adhesives Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion Criteria
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Raw Material Availability
  - 2.3.3.2. Infrastructure & Manufacturing Capabilities
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Competitive Landscape
  - 2.3.3.5. Economic Viability
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Market Acceptance & Consumer Preferences
  - 2.3.4.2. Environmental Regulations & Sustainability Trends
  - 2.3.4.3. Technological Advancements
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Water-Based Adhesives Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Demand for Eco-friendly Adhesives
- 3.1.2. Rising Adoption in Packaging & Labeling Industries
- 3.1.3. Advancements in Water-Based Adhesive Formulations
3.2. Market Challenges
- 3.2.1. Longer Drying Times Compared to Solvent-Based Adhesives
- 3.2.2. Limited Adhesion on Certain Non-Absorbent Surfaces
3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Economies
- 3.3.2. Development of Bio-based & Hybrid Adhesive Solutions
- 3.3.3. Growing Use in Sustainable & Green Building Materials

Chapter 4. Global Water-Based Adhesives Market Industry Analysis

4.1. Porter's Five Forces Analysis
- 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
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Key Investment Opportunities
4.4. Top Winning Strategies
4.5. Industry Expert Perspectives
4.6. Analyst Recommendations & Conclusion

Chapter 5. Global Water-Based Adhesives Market Size & Forecast by Resin Type (2022-2032)

5.1. Segment Dashboard
5.2. Revenue Trend Analysis by Resin Type, 2022 & 2032 (USD Billion)
- 5.2.1. Acrylic Polymer Emulsion
- 5.2.2. Polyvinyl Acetate Emulsion
- 5.2.3. Vinyl Acetate Ethylene Emulsion
- 5.2.4. Styrene Butadiene Latex
- 5.2.5. Polyurethane Dispersions
- 5.2.6. Other Resin Types

Chapter 6. Global Water-Based Adhesives Market Size & Forecast by Application (2022-2032)

6.1. Segment Dashboard
6.2. Revenue Trend Analysis by Application, 2022 & 2032 (USD Billion)
- 6.2.1. Tapes & Labels
- 6.2.2. Paper & Packaging
- 6.2.3. Woodworking
- 6.2.4. Building & Construction
- 6.2.5. Automotive & Transportation
- 6.2.6. Other Applications

Chapter 7. Global Water-Based Adhesives Market Size & Forecast by Region (2022-2032)

7.1. North America Water-Based Adhesives Market
- 7.1.1. U.S. Water-Based Adhesives Market
- 7.1.2. Canada Water-Based Adhesives Market
- 7.1.3. Mexico Water-Based Adhesives Market
7.2. Europe Water-Based Adhesives Market
- 7.2.1. U.K. Water-Based Adhesives Market
- 7.2.2. Germany Water-Based Adhesives Market
- 7.2.3. France Water-Based Adhesives Market
- 7.2.4. Italy Water-Based Adhesives Market
- 7.2.5. Spain Water-Based Adhesives Market
- 7.2.6. Rest of Europe
7.3. Asia Pacific Water-Based Adhesives Market
- 7.3.1. China Water-Based Adhesives Market
- 7.3.2. India Water-Based Adhesives Market
- 7.3.3. Japan Water-Based Adhesives Market
- 7.3.4. South Korea Water-Based Adhesives Market
- 7.3.5. Rest of Asia Pacific
7.4. Latin America Water-Based Adhesives Market
- 7.4.1. Brazil Water-Based Adhesives Market
- 7.4.2. Argentina Water-Based Adhesives Market
- 7.4.3. Rest of Latin America
7.5. Middle East & Africa Water-Based Adhesives Market
- 7.5.1. Saudi Arabia Water-Based Adhesives Market
- 7.5.2. South Africa Water-Based Adhesives Market
- 7.5.3. Rest of Middle East & Africa

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Henkel AG & Co. KgaA
- 8.1.2. H.B. Fuller
- 8.1.3. Arkema
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Henkel AG & Co. KgaA
- 8.3.2. H.B. Fuller
- 8.3.3. Arkema
- 8.3.4. Dow
- 8.3.5. Ashland
- 8.3.6. Bayer AG
- 8.3.7. PPG Industries
- 8.3.8. Sika AG
- 8.3.9. Akzo Nobel N.V.
- 8.3.10. 3M
- 8.3.11. DuPont

Chapter 9. Research Process

9.1. Research Methodology
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes