PUBLISHER: Industry Experts | PRODUCT CODE: 1645174
PUBLISHER: Industry Experts | PRODUCT CODE: 1645174
Adhesives - A Global Market Overview
Global Adhesives Market Trends and Outlook
Adhesives are essential across industries for their ability to bond diverse materials efficiently, offering strength, flexibility, and durability. In construction, they ensure secure bonding of materials like wood, metal, and composites, enhancing structural integrity. The automotive sector uses adhesives to reduce vehicle weight, noise, and vibration, improving performance and fuel efficiency. In electronics, they facilitate the miniaturization of components while maintaining thermal and electrical stability. Similarly, the packaging industry relies on adhesives for secure seals and tamper-proof closures. With their versatility, cost-effectiveness, and tailored performance, adhesives are vital to modern manufacturing and product innovation.
INFOGRAPHIC
Global consumption of adhesives is estimated at 19.4 million metric tons in 2024 and projected to post a compound annual growth rate (CAGR) of 3.8% between 2024 and 2030. In terms of value, the market is expected to reach $77.6 billion in 2030, registering a CAGR of 4.2% over the outlook period.
The adhesives market is driven by key trends, including the shift from mechanical fasteners to adhesive solutions, rapid growth in construction and infrastructure, and advancements in the automotive sector focusing on lightweight, fuel-efficient, and electric vehicles. The expanding electronics and electrical industries, evolving packaging needs, growth in renewable energy projects, and increased demand for healthcare and medical devices further boost market growth. Innovations in adhesive formulations, compliance with environmental regulations, and the need for maintenance and repair across industries also contribute to demand. Additionally, emerging applications and markets present new opportunities, reinforcing the robust growth of the adhesives market.
Adhesives Regional Market Analysis
The global market for Adhesives has been, for the purpose of this report, categorized into five major regions, namely North America, Europe, Asia-Pacific, South America and Rest of World. These regional markets further analyzed for 24 independent countries across North America - The United States, Canada and Mexico; Europe - France, Germany, Italy, Poland, Russia, Spain, Sweden, the Netherlands and the United Kingdom; Asia-Pacific - China, India, Japan, South Korea, Taiwan and Thailand; South America - Argentina and Brazil; and Rest of World - Saudi Arabia, South Africa, Turkiye and the United Arab Emirates.
Asia-Pacific, with a volume consumption share of 53% in 2024, is the largest region for global Adhesives market and also the fastest growing region during 2024-2030 outlook period. Europe forms the second largest market for Adhesives worldwide, followed closely by North America which is expected to post below average CAGRs of under 3% over the outlook period.
Adhesives Market Analysis by Technology
Adhesives Technologies analyzed in the report include Natural-based Adhesives, Water-borne Adhesives, Hot melt Adhesives, Solvent-borne Adhesives, Reactive Adhesives, Water-soluble Adhesives and Other Adhesive Technologies.
In terms of technology, Water-borne, Hot melt and Reactive adhesives combinedly occupy 83.6% of the global Adhesives volume consumption, while Reactive adhesives lead in terms of value market for Adhesives.
Adhesives Market Analysis by Application
Adhesives applications analyzed in this report consists of Building & Construction, Consumer/DIY, Furniture/Woodworking, Industrial Assembly/Other, Leather & Footwear, Packaging/Converting and Automotive & Transportation. Packaging/Converting is the largest application for Adhesives globally, with a volume consumption share of 34.6% estimated at 6.7 million metric tons in 2024, followed by Building & Construction.
Adhesives Market Analysis by Chemistry
Market for Adhesives by chemistry type includes Vinyl Adhesives, Acrylic Adhesives, Polyurethane Adhesives, Elastomer/Rubber Adhesives, Epoxy Adhesives and Other Adhesive Chemistries. Adhesives based on Vinyl chemistry are the major adhesives in terms of value demand for Adhesives worldwide with a share of 26.8% valued US$16.3 billion in 2024.
Adhesives Market Report Scope
The report reviews, analyzes and projects the global market for formulated adhesives for global and regional markets for the period 2021-2030, in terms of volume consumption in metric tons as well as value market in US$. Natural adhesives that are not modified and Formaldehyde-type adhesives are excluded from the scope of this report.
| KEY METRICS | |
|---|---|
| Historical Period: | 2021-2023 |
| Base Year: | 2024 |
| Forecast Period: | 2024-2030 |
| Units: | Value market in US$ |
| Companies Mentioned: | 32 Major Companies Profiled, Directory of 490 Companies |
Adhesives Technologies
- Adhesives Based on Natural Polymers
- Water-borne Adhesives
- Hot-melt Adhesives
- Solvent-borne Adhesives
- Reactive Adhesives
- Adhesives Based on Water-soluble Polymers
- Adhesives Based on Other Technologies
Adhesives Chemistry Types
- Vinyl Adhesives
- Acrylic Adhesives
- Polyurethane Adhesives
- Elastomer/Rubber Adhesives
- Epoxy Adhesives
- Other Adhesives
Adhesives Applications
- Building & Construction
- Consumer/DIY
- Furniture/Woodworking
- Leather & Footwear
- Packaging/Converting
- Transportation
- Industrial Assembly/Other
Geographic Regions and Countries Covered:
- North America (The United States, Canada and Mexico)
- Europe (France, Germany, Italy, Poland, Russia, Spain, Sweden, the Netherlands, the United Kingdom and Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Taiwan, Thailand and Rest of Asia-Pacific)
- South America (Argentina, Brazil and Rest of South America)
- Rest of World (Saudi Arabia, South Africa, Turkiye, the United Arab Emirates and Other Rest of World)
Major Market Players:
|
|
TABLE OF CONTENTS
PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION
- 1.1. Global Adhesives Regional Market Snapshot
- 1.2. Global Adhesives End-use Application Market Snapshot
- 1.3. Global Adhesives Technology Market Snapshot
- 1.4. Global Adhesives Chemistry Market Snapshot
- 1.5. Key Megatrends Shaping the Global Adhesives Industry
- 1.5.1. Sustainability and Environmental Regulations
- 1.5.2. Urbanization and Infrastructure Development
- 1.5.3. Population Growth and Demographics
- 1.5.4. Technological Advancements in Automotive and Aerospace
- 1.5.5. Emerging Markets and E-commerce Expansion
- 1.5.6. Digitalization and Smart Applications
- 1.6. Product Outline
- 1.6.1. Introduction to Adhesives & Sealants
- 1.6.2. Adhesives
- 1.6.2.1. Classification of Adhesives based on Technology
- 1.6.2.1.1. Natural Polymers-based Adhesives
- 1.6.2.1.2. Water-borne Adhesives
- 1.6.2.1.3. Solvent-borne Adhesives
- 1.6.2.1.4. Hot-melt Adhesives
- 1.6.2.1.5. Reactive Adhesives
- 1.6.2.1.6. Water-Soluble Polymer Adhesives
- 1.6.2.1.7. Other Adhesive Technologies
- 1.6.2.2. Classification of Adhesives based on Polymer Type
- 1.6.2.3. Adhesives Applications
- 1.6.2.3.1. Packaging/Converting
- 1.6.2.3.2. Assembly Operations
- 1.6.2.3.3. Building & Construction
- 1.6.2.3.4. Automotive & Transportation
- 1.6.2.3.5. Consumer/DIY
- 1.6.2.3.6. Furniture/Wood Processing
- 1.6.2.3.7. Leather & Footwear
- 1.6.2.1. Classification of Adhesives based on Technology
2. KEY GLOBAL PLAYERS
- 2.1 3M Company (United States)
- 2.2. Arkema Group (Bostik S.A) (France)
- 2.3. Avery Dennison Corporation (United States)
- 2.4. Berry Global Inc. (United States)
- 2.5. Bolton Adhesives (Netherlands)
- 2.6. Chemence Inc. (United States)
- 2.7. Delo Industrial Adhesives (Germany)
- 2.8. Dow Inc. (United States)
- 2.9. DuPont De Nemours Inc. (United States)
- 2.10. Dymax Corporation (United Staes)
- 2.11. Franklin International (United States)
- 2.12. H. B. Fuller (United States)
- 2.13. Henkel AG & Co. KGaA (Germany)
- 2.14. Huntsman Corp. (United States)
- 2.15. Illinois Tool Works Inc. (United States)
- 2.16. Jowat SE (Germany)
- 2.17. Kleiberit SE & Co. KG (Germany)
- 2.18. Lintec Corp. (Japan)
- 2.19. Mapei S.p.A. (Italy)
- 2.20. Meridian Adhesives Group (United States)
- 2.21. NanPao Resins Chemical Group (Taiwan)
- 2.22. Novatech International (Belgium)
- 2.23. Parker Hannifin Corp - Lord Division (United States)
- 2.24. Pidilite Industries Ltd (India)
- 2.25. RPM International Inc. (United States)
- 2.26. Sike AG (Switzerland)
- 2.27. Soudal Group (Belgium)
- 2.28. The Reynolds Company (United States)
- 2.29. ThreeBond Co.,Ltd. (Japan)
- 2.30. Toagosei Group (Japan)
- 2.31. Uniseal Inc. (United States)
- 2.32. Wacker Chemie AG (Germany)
3. KEY BUSINESS AND PRODUCTS TRENDS
- 3.1. January 2025
- 3.1.1. Soudal Announces the Acquisition of Majority Stake in Sharp Chemicals, and Expansion into Japan
- 3.2. December 2024
- 3.2.1. Meridian Adhesives Group Expands Presence in Southeast Asia
- 3.2.2. H.B. Fuller Company to Acquire Two Leading Medical Adhesive Technology Companies
- 3.2.3. Arkema Completes Acquisition of Dow's Flexible Packaging Laminating Adhesives Business
- 3.3. November 2024
- 3.3.1. Patent Granted for Dymax's HLC(TM) Technology
- 3.4. October 2024
- 3.4.1. Henkel Plans to Invest in the Expansion of its Adhesives Plant in Bopfingen
- 3.5. September 2024
- 3.5.1. Bostik Takes a Key Step Towards Decarbonization with the Launch of Kizen(TM) LIME, a New Range of Packaging Adhesives
- 3.5.2. Henkel Launches Novel High-Performing Removable Construction Adhesive for the DIY-market
- 3.6. August 2024
- 3.6.1. Mactac-R Engineered Tapes & Laminates Announces the Launch of Two Macbond-R Industrial Tape Product Lines
- 3.6.2. DuPont BETAFORCE(TM) Elastic Structural Adhesive Wins R&D 100 Award
- 3.7. July 2024
- 3.7.1. Henkel invests in Kurkumbh Site, The Company's Largest Manufacturing Facility in India
- 3.8. June 2024
- 3.8.1. H.B. Fuller Acquires HS Butyl Limited
- 3.8.2. Sika Opened New State-Of-The-Art Plant in Northeast China
- 3.8.3. Henkel Hot Melt Labeling Products Earn APR Design-R for Recyclability Recognition
- 3.8.4. Meridian Adhesives Group Announces Acquisition of Bondloc UK Ltd
- 3.9. May 2024
- 3.9.1. Dow Advances Strategic Focus with Sale Of Flexible Packaging Laminating Adhesives Business to Arkema
- 3.9.2. H.B. Fuller Acquires ND Industries Inc.
- 3.9.3. Dow announces SAS Chemicals Capacity Expansion which will Boost the Worldwide High-Performance Facade Industry
- 3.10. April 2024
- 3.10.1. Fevikwik Introduces New Products in Instant Adhesion Segment
- 3.10.2. Mapei Launches Mapeflex MS 55, the Innovative Hybrid Adhesive and Sealant
- 3.10.3. Powerful PUR Hot Melt Adhesive Sets New Benchmarks in Flat Lamination
- 3.10.4. Henkel's Innovative Wash-Off Adhesive for PET-Packaging Receives Recyclability Certificate by Cyclos-HTP Institute (CHI)
- 3.11. March 2024
- 3.11.1. General Sealant Launches GS# 517-1 Butyl Tape
- 3.12. February 2024
- 3.12.1. Henkel Introduces Next-Generation Instant Adhesives for Medical Device Applications
- 3.13. January 2024
- 3.13.1. Soudal Group Acquires Majority Stake in Italian Adhesive Company Durante Adesivi
- 3.14. December 2023
- 3.14.1. Arkema Acquires Arc Building Products in Ireland, Specialized in Construction Adhesives and Sealants
- 3.15. November 2023
- 3.15.1. H.B. Fuller to Launch New Bio-Compatible Adhesive for Medical Applications
- 3.16. October 2023
- 3.16.1. Dupont Introduces Higher-Adhesion, Low-Cyclics Silicone Soft Skin Adhesive
- 3.17. September 2023
- 3.17.1. Aron Alpha Series of Instant Glues for Consumers: Toagosei Announces the Release of Our New Aron Alpha Hikari Product
- 3.17.2. DuPont Opens New Adhesives Manufacturing Facility
- 3.18. June 2023
- 3.18.1. First Medical Product in New Hybrid Light-Curable Adhesive Platform from Dymax
- 3.19. May 2023
- 3.19.1. Henkel Debuts Ultra-High Thermal Conductivity Pressure-Less Sintering Die Attach Adhesive that Meets Automotive Grade Reliability Standards
- 3.19.2. Arkema Acquires Polytec PT, Specialized in Adhesives for Batteries and Electronics
- 3.19.3. Henkel Launches a New Injectable Thermally Conductive Adhesive for EV Battery Systems
- 3.20. April 2023
- 3.20.1. Dymax Reveals MD-R 1045-M Multipurpose Adhesive for Prefilled Syringes & Injection Devices
- 3.21. March 2023
- 3.21.1. New to the Market: Light-Curable Materials for Consumer Electronics Wearable Devices
- 3.21.2. Chemence Medical Receives EU MDR and MDSAP Certifications
- 3.21.3. Huntsman Wins Coveted JEC Composite Innovation Award with ARALDITE-R 2080 and ARALDITE-R 2081 Adhesives
- 3.21.4. Bostik Expands Born2Bond(TM) HMPUR Range and UV-CIPG Range
- 3.22. February 2023
- 3.22.1. 3M Launches New Medical Adhesive Offering Premium Wear Time
- 3.22.2. Soudal has Announced the Acquisition of French Company Tramico
4. GLOBAL MARKET OVERVIEW
- 4.1. Global Adhesives Market Overview by End-use Application
- 4.1.1. Adhesives End-use Applications Market Overview by Global Region
- 4.1.1.1. Building & Construction
- 4.1.1.2. Consumer/DIY
- 4.1.1.3. Furniture/Woodworking
- 4.1.1.4. Industrial Assembly & Other
- 4.1.1.5. Leather & Footwear
- 4.1.1.6. Packaging & Converting
- 4.1.1.7. Automotive & Transportation
- 4.1.1. Adhesives End-use Applications Market Overview by Global Region
- 4.2. Global Adhesives Market Overview by Technology
- 4.2.1. Adhesives Technologies Market Overview by Geographic Region
- 4.2.1.1. Natural-based Adhesives
- 4.2.1.2. Water-borne Adhesives
- 4.2.1.3. Hot-melt Adhesives
- 4.2.1.4. Solvent-borne Adhesives
- 4.2.1.5. Reactive Adhesives
- 4.2.1.6. Water-soluble Adhesives
- 4.2.1.7. Adhesives Based on Other Technologies
- 4.2.1. Adhesives Technologies Market Overview by Geographic Region
- 4.3. Global Adhesives Market Overview by Chemistry
- 4.3.1. Adhesives Chemistries Market Overview by Global Region
- 4.3.1.1. Vinyl Adhesives
- 4.3.1.2. Acrylic Adhesives
- 4.3.1.3. Polyurethane Adhesives
- 4.3.1.4. Elastomer/Rubber Adhesives
- 4.3.1.5. Epoxy Adhesives
- 4.3.1.6. Adhesive based on Other Chemistries
- 4.3.1. Adhesives Chemistries Market Overview by Global Region
PART B: REGIONAL MARKET PERSPECTIVE
- Global Adhesives Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
5. NORTH AMERICA
- 5.1. North American Adhesives Market Overview by Geographic Region
- 5.2. North American Adhesives Market Overview by End-use Application
- 5.3. North American Adhesives Market Overview by Technology
- 5.4. North American Adhesives Market Overview by Chemistry
- 5.5. Country-wise Analysis of North American Adhesives Market
- 5.5.1. THE UNITED STATES
- 5.5.1.1. United States Adhesives Market Overview by End-use Application
- 5.5.1.2. United States Adhesives Market Overview by Technology
- 5.5.1.3. United States Adhesives Market Overview by Chemistry
- 5.5.2. CANADA
- 5.5.2.1. Canadian Adhesives Market Overview by End-use Application
- 5.5.2.2. Canadian Adhesives Market Overview by Technology
- 5.5.2.3. Canadian Adhesives Market Overview by Chemistry
- 5.5.3. MEXICO
- 5.5.3.1. Mexican Adhesives Market Overview by End-use Application
- 5.5.3.2. Mexican Adhesives Market Overview by Technology
- 5.5.3.3. Mexican Adhesives Market Overview by Chemistry
- 5.5.1. THE UNITED STATES
6. EUROPE
- 6.1. European Adhesives Market Overview by Geographic Region
- 6.2. European Adhesives Market Overview by End-use Application
- 6.3. European Adhesives Market Overview by Technology
- 6.4. European Adhesives Market Overview by Chemistry
- 6.5. Country-wise Analysis of European Adhesives Market
- 6.5.1. FRANCE
- 6.5.1.1. French Adhesives Market Overview by End-use Application
- 6.5.1.2. French Adhesives Market Overview by Technology
- 6.5.1.3. French Adhesives Market Overview by Chemistry
- 6.5.2. GERMANY
- 6.5.2.1. German Adhesives Market Overview by End-use Application
- 6.5.2.2. German Adhesives Market Overview by Technology
- 6.5.2.3. German Adhesives Market Overview by Chemistry
- 6.5.3. ITALY
- 6.5.3.1. Italian Adhesives Market Overview by End-use Application
- 6.5.3.2. Italian Adhesives Market Overview by Technology
- 6.5.3.3. Italian Adhesives Market Overview by Chemistry
- 6.5.4. THE NETHERLANDS
- 6.5.4.1. Dutch Adhesives Market Overview by End-use Application
- 6.5.4.2. Dutch Adhesives Market Overview by Technology
- 6.5.4.3. Dutch Adhesives Market Overview by Chemistry
- 6.5.5. POLAND
- 6.5.5.1. Polish Adhesives Market Overview by End-use Application
- 6.5.5.2. Polish Adhesives Market Overview by Technology
- 6.5.5.3. Polish Adhesives Market Overview by Chemistry
- 6.5.6. RUSSIA
- 6.5.6.1. Russian Adhesives Market Overview by End-use Application
- 6.5.6.2. Russian Adhesives Market Overview by Technology
- 6.5.6.3. Russian Adhesives Market Overview by Chemistry
- 6.5.7. SPAIN
- 6.5.7.1. Spanish Adhesives Market Overview by End-use Application
- 6.5.7.2. Spanish Adhesives Market Overview by Technology
- 6.5.7.3. Spanish Adhesives Market Overview by Chemistry
- 6.5.8. THE UNITED KINGDOM
- 6.5.8.1. United Kingdom Adhesives Market Overview by End-use Application
- 6.5.8.2. United Kingdom Adhesives Market Overview by Technology
- 6.5.8.3. United Kingdom Adhesives Market Overview by Chemistry
- 6.5.9. REST OF EUROPE
- 6.5.9.1. Rest of Europe Adhesives Market Overview by End-use Application
- 6.5.9.2. Rest of Europe Adhesives Market Overview by Technology
- 6.5.9.3. Rest of Europe Adhesives Market Overview by Chemistry
- 6.5.1. FRANCE
7. ASIA-PACIFIC
- 7.1. Asia-Pacific Adhesives Market Overview by Geographic Region
- 7.2. Asia-Pacific Adhesives Market Overview by End-use Application
- 7.3. Asia-Pacific Adhesives Market Overview by Technology
- 7.4. Asia-Pacific Adhesives Market Overview by Chemistry
- 7.5. Country-wise Analysis of Asia-Pacific Adhesives & Sealants Market
- 7.5.1. CHINA
- 7.5.1.1. Chinese Adhesives Market Overview by End-use Application
- 7.5.1.2. Chinese Adhesives Market Overview by Technology
- 7.5.1.3. Chinese Adhesives Market Overview by Chemistry
- 7.5.2. INDIA
- 7.5.2.1. Indian Adhesives Market Overview by End-use Application
- 7.5.2.2. Indian Adhesives Market Overview by Technology
- 7.5.2.3. Indian Adhesives Market Overview by Chemistry
- 7.5.3. JAPAN
- 7.5.3.1. Japanese Adhesives Market Overview by End-use Application
- 7.5.3.2. Japanese Adhesives Market Overview by Technology
- 7.5.3.3. Japanese Adhesives Market Overview by Chemistry
- 7.5.4. SOUTH KOREA
- 7.5.4.1. South Korean Adhesives Market Overview by End-use Application
- 7.5.4.2. South Korean Adhesives Market Overview by Technology
- 7.5.4.3. South Korean Adhesives Market Overview by Chemistry
- 7.5.5. TAIWAN
- 7.5.5.1. Taiwanese Adhesives Market Overview by End-use Application
- 7.5.5.2. Taiwanese Adhesives Market Overview by Technology
- 7.5.5.3. Taiwanese Adhesives Market Overview by Chemistry
- 7.5.6. REST OF ASIA-PACIFIC
- 7.5.6.1. Rest of Asia-Pacific Adhesives Market Overview by End-use Application
- 7.5.6.2. Rest of Asia-Pacific Adhesives Market Overview by Technology
- 7.5.6.3. Rest of Asia-Pacific Adhesives Market Overview by Chemistry
- 7.5.1. CHINA
8. SOUTH AMERICA
- 8.1. South American Adhesives Market Overview by Geographic Region
- 8.2. South American Adhesives Market Overview by End-use Application
- 8.3. South American Adhesives Market Overview by Technology
- 8.4. South American Adhesives Market Overview by Chemistry
- 8.5. Country-wise Analysis of South American Adhesives & Sealants Market
- 8.5.1. ARGENTINA
- 8.5.1.1. Argentine Adhesives Market Overview by End-use Application
- 8.5.1.2. Argentine Adhesives Market Overview by Technology
- 8.5.1.3. Argentine Adhesives Market Overview by Chemistry
- 8.5.2. BRAZIL
- 8.5.2.1. Brazilian Adhesives Market Overview by End-use Application
- 8.5.2.2. Brazilian Adhesives Market Overview by Technology
- 8.5.2.3. Brazilian Adhesives Market Overview by Chemistry
- 8.5.3. REST OF SOUTH AMERICA
- 8.5.3.1. Rest of South America Adhesives Market Overview by End-use Application
- 8.5.3.2. Rest of South America Adhesives Market Overview by Technology
- 8.5.3.3. Rest of South America Adhesives Market Overview by Chemistry
- 8.5.1. ARGENTINA
9. REST OF WORLD
- 9.1. Rest of World Adhesives Market Overview by Geographic Region
- 9.2. Rest of World Adhesives Market Overview by End-use Application
- 9.3. Rest of World Adhesives Market Overview by Technology
- 9.4. Rest of World Adhesives Market Overview by Chemistry
- 9.5. Country-wise Analysis of Rest of World Adhesives & Sealants Market
- 9.5.1. SAUDI ARABIA
- 9.5.1.1. Saudi Arabian Adhesives Market Overview by End-use Application
- 9.5.1.2. Saudi Arabian Adhesives Market Overview by Technology
- 9.5.1.3. Saudi Arabian Adhesives Market Overview by Chemistry
- 9.5.2. TURKIYE
- 9.5.2.1. Turkish Adhesives Market Overview by End-use Application
- 9.5.2.2. Turkish Adhesives Market Overview by Technology
- 9.5.2.3. Turkish Adhesives Market Overview by Chemistry
- 9.5.3. OTHER REST OF WORLD
- 9.5.3.1. Other Rest of World Adhesives Market Overview by End-use Application
- 9.5.3.2. Other Rest of World Adhesives Market Overview by Technology
- 9.5.3.3. Other Rest of World Adhesives Market Overview by Chemistry
- 9.5.1. SAUDI ARABIA
PART C: GUIDE TO THE INDUSTRY
- 1. NORTH AMERICA
- 2. EUROPE
- 3. ASIA-PACIFIC
- 4. SOUTH AMERICA
- 5. REST OF WORLD
PART D: ANNEXURE
- 1. RESEARCH METHODOLOGY
- 2. FEEDBACK
