This Solvent-Based Adhesives market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The solvent-based adhesives market size has grown strongly in recent years. It will grow from $15.06 billion in 2024 to $15.93 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to industrial applications, wide substrate compatibility, fast drying time, long shelf life.
The solvent-based adhesives market size is expected to see strong growth in the next few years. It will grow to $19.48 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to automotive industry growth, construction and infrastructure development, electronic components, renewable energy. Major trends in the forecast period include hybrid adhesives, high-temperature resistance, custom formulations, packaging innovations.
The solvent-based adhesives market is poised to benefit from the growth in the automobile manufacturing industry in the forecast period. The demand for lightweight automobiles has driven the need for adhesives and sealants as alternatives to welded joints, mechanical fasteners, and gaskets, contributing to weight reduction in vehicles. As the automotive industry increasingly focuses on producing lightweight cars, there is a growing demand for solvent-based adhesives and sealants. This trend is expected to boost the demand for solvent-based adhesives in the coming years.
The growth of the construction industry is expected to drive the expansion of the solvent-based adhesives market in the coming years. Construction involves the planning, designing, assembling, and building of physical structures, facilities, or infrastructure. In this sector, solvent-based adhesives are used for their strong and durable bonding properties, high initial tack, and resistance to temperature, water, and chemicals. For example, in November 2023, it was reported that new work construction output in the UK increased by 15.8% in 2022, reaching a record-high value of $146.88 billion. This growth marks a significant recovery and expansion in the construction industry, driven by rising demand for both private and public infrastructure projects. As a result, the growing construction industry is propelling the growth of the solvent-based adhesives market.
Major companies operating in the solvent-based adhesives market are focusing on innovative products such as the Pearl Bond adhesive to boost their market revenues. The Pearl Bond adhesive represents a range of crystalline thermoplastic polyurethane (TPU) adhesives designed for the production of reactive hot melt adhesives (HMAs) and hot melt adhesives (HMAs). For example, in April 2023, Pearl Polyurethane Systems LLC, a UAE-based company specializing in PU-based adhesives, including solvent-based adhesives, launched the Pearl Bond adhesive. This adhesive line finds applications in various fields, including footwear uppers, vehicle interior trim, and other textile substrates. It offers exceptional resistance to microbial attack, making it a durable and long-lasting solution for various applications. Moreover, it presents a cost-effective formulation that delivers outstanding bonding solutions for hot melt adhesives.
In February 2022, Celanese Corporation, a US-based chemical company, completed the acquisition of DuPont de Nemours Inc. for $11 billion. This strategic acquisition significantly expanded the engineered materials (EM) product portfolio by introducing new polymers, renowned market brands, advanced product technology, and backward integration in crucial polymers. Furthermore, the acquisition is expected to lead to substantial growth in free cash flow and a rapid reduction of total debt, bringing it below 3.0x EBITDA. DuPont de Nemours Inc., a US-based company involved in the production of a wide range of chemical products, including solvent-based adhesives, was a valuable addition through this acquisition.
Major companies operating in the solvent-based adhesives market include 3M Company, Alfa International Corporation, Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS, DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Jowat AG, LORD Corporation, Sika AG, Bostik, RPM International Inc., KCC Corporation, Illinois Tool Works Inc., MAPEI SpA, Akzo Nobel NV, Permabond LLC, Franklin International Inc., COIM Group, Royal Adhesives & Sealants LLC, Reynolds Industries Inc., Cattie Adhesives Solutions LLC, AJ Adhesives Inc., Adhesives Research Inc., L.D. Davis Industries Inc., Mars Supply, Ashland Global Holdings Inc., Beardow Adams Group, Chemence Inc.
Solvent-based adhesives are a category of adhesives formulated using an elastomer dissolved in a solvent or phenolic/formaldehyde resins. These adhesives are suitable for bonding both porous and non-porous surfaces, providing strong adhesion.
The primary types of solvent-based adhesives in the market include polyurethane, styrenic block, and ethyl vinyl acetate (EVA). Ethylene vinyl acetate (EVA) is a copolymer composed of ethylene and varying proportions of vinyl acetate. Solvent-based adhesives find application in various industries, including paper and packaging, building and construction, woodworking, automotive and transportation, and other sectors. These adhesives are typically distributed through direct sales and various distribution channels.
The solvent-based adhesives market research report is one of a series of new reports that provides solvent-based adhesives market statistics, including solvent-based adhesives industry global market size, regional shares, competitors with a solvent-based adhesives market share, detailed solvent-based adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the solvent-based adhesives industry. This solvent-based adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the solvent-based adhesives market in 2024. North America was the second-largest region in the solvent-based adhesives market report. The regions covered in the solvent-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the solvent-based adhesives market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The solvent-based adhesives market consists of the sales of contact adhesives, white glue, and rubber cement. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The solvent-based adhesives market size has grown strongly in recent years. It will grow from $15.06 billion in 2024 to $15.93 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to industrial applications, wide substrate compatibility, fast drying time, long shelf life.
The solvent-based adhesives market size is expected to see strong growth in the next few years. It will grow to $19.48 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to automotive industry growth, construction and infrastructure development, electronic components, renewable energy. Major trends in the forecast period include hybrid adhesives, high-temperature resistance, custom formulations, packaging innovations.
The solvent-based adhesives market is poised to benefit from the growth in the automobile manufacturing industry in the forecast period. The demand for lightweight automobiles has driven the need for adhesives and sealants as alternatives to welded joints, mechanical fasteners, and gaskets, contributing to weight reduction in vehicles. As the automotive industry increasingly focuses on producing lightweight cars, there is a growing demand for solvent-based adhesives and sealants. This trend is expected to boost the demand for solvent-based adhesives in the coming years.
The growth of the construction industry is expected to drive the expansion of the solvent-based adhesives market in the coming years. Construction involves the planning, designing, assembling, and building of physical structures, facilities, or infrastructure. In this sector, solvent-based adhesives are used for their strong and durable bonding properties, high initial tack, and resistance to temperature, water, and chemicals. For example, in November 2023, it was reported that new work construction output in the UK increased by 15.8% in 2022, reaching a record-high value of $146.88 billion. This growth marks a significant recovery and expansion in the construction industry, driven by rising demand for both private and public infrastructure projects. As a result, the growing construction industry is propelling the growth of the solvent-based adhesives market.
Major companies operating in the solvent-based adhesives market are focusing on innovative products such as the Pearl Bond adhesive to boost their market revenues. The Pearl Bond adhesive represents a range of crystalline thermoplastic polyurethane (TPU) adhesives designed for the production of reactive hot melt adhesives (HMAs) and hot melt adhesives (HMAs). For example, in April 2023, Pearl Polyurethane Systems LLC, a UAE-based company specializing in PU-based adhesives, including solvent-based adhesives, launched the Pearl Bond adhesive. This adhesive line finds applications in various fields, including footwear uppers, vehicle interior trim, and other textile substrates. It offers exceptional resistance to microbial attack, making it a durable and long-lasting solution for various applications. Moreover, it presents a cost-effective formulation that delivers outstanding bonding solutions for hot melt adhesives.
In February 2022, Celanese Corporation, a US-based chemical company, completed the acquisition of DuPont de Nemours Inc. for $11 billion. This strategic acquisition significantly expanded the engineered materials (EM) product portfolio by introducing new polymers, renowned market brands, advanced product technology, and backward integration in crucial polymers. Furthermore, the acquisition is expected to lead to substantial growth in free cash flow and a rapid reduction of total debt, bringing it below 3.0x EBITDA. DuPont de Nemours Inc., a US-based company involved in the production of a wide range of chemical products, including solvent-based adhesives, was a valuable addition through this acquisition.
Major companies operating in the solvent-based adhesives market include 3M Company, Alfa International Corporation, Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS, DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Jowat AG, LORD Corporation, Sika AG, Bostik, RPM International Inc., KCC Corporation, Illinois Tool Works Inc., MAPEI SpA, Akzo Nobel NV, Permabond LLC, Franklin International Inc., COIM Group, Royal Adhesives & Sealants LLC, Reynolds Industries Inc., Cattie Adhesives Solutions LLC, AJ Adhesives Inc., Adhesives Research Inc., L.D. Davis Industries Inc., Mars Supply, Ashland Global Holdings Inc., Beardow Adams Group, Chemence Inc.
Solvent-based adhesives are a category of adhesives formulated using an elastomer dissolved in a solvent or phenolic/formaldehyde resins. These adhesives are suitable for bonding both porous and non-porous surfaces, providing strong adhesion.
The primary types of solvent-based adhesives in the market include polyurethane, styrenic block, and ethyl vinyl acetate (EVA). Ethylene vinyl acetate (EVA) is a copolymer composed of ethylene and varying proportions of vinyl acetate. Solvent-based adhesives find application in various industries, including paper and packaging, building and construction, woodworking, automotive and transportation, and other sectors. These adhesives are typically distributed through direct sales and various distribution channels.
The solvent-based adhesives market research report is one of a series of new reports that provides solvent-based adhesives market statistics, including solvent-based adhesives industry global market size, regional shares, competitors with a solvent-based adhesives market share, detailed solvent-based adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the solvent-based adhesives industry. This solvent-based adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the solvent-based adhesives market in 2024. North America was the second-largest region in the solvent-based adhesives market report. The regions covered in the solvent-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the solvent-based adhesives market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The solvent-based adhesives market consists of the sales of contact adhesives, white glue, and rubber cement. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Executive Summary
Solvent-Based Adhesives Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on solvent-based adhesives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for solvent-based adhesives ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The solvent-based adhesives market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: PolyurethanePU; Styrenic Block; Ethyl Vinly AcetateEVA2) By End User Industry: Paper and Packaging; Building and Construction; Woodworking; Automotive and Transportation; Other End Use Industries
3) By Distribution Channel: Direct Sales; Distributor
Subsegments:
1) By Polyurethane (PU): Aromatic Polyurethane Adhesives; Aliphatic Polyurethane Adhesives; Moisture-Cured Polyurethane Adhesives2) By Styrenic Block: SBS (Styrene-Butadiene-Styrene) Based Adhesives; SEBS (Styrene-Ethylene-Butylene-Styrene) Based Adhesives; SIS (Styrene-Isoprene-Styrene) Based Adhesives
3) By Ethyl Vinyl Acetate (EVA): Low-Vinyl Acetate EVA Adhesives; High-Vinyl Acetate EVA Adhesives; EVA Hot-Melt Adhesives
Key Companies Mentioned: 3M Company; Alfa International Corporation; Arkema Group; Ashland Inc.; Avery Dennison Corporation
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Solvent-Based Adhesives market report include:- 3M Company
- Alfa International Corporation
- Arkema Group
- Ashland Inc.
- Avery Dennison Corporation
- Everad Adhesives SAS
- DuPont de Nemours Inc.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman Corporation
- Jowat AG
- LORD Corporation
- Sika AG
- Bostik
- RPM International Inc.
- KCC Corporation
- Illinois Tool Works Inc.
- MAPEI SpA
- Akzo Nobel NV
- Permabond LLC
- Franklin International Inc.
- COIM Group
- Royal Adhesives & Sealants LLC
- Reynolds Industries Inc.
- Cattie Adhesives Solutions LLC
- AJ Adhesives Inc.
- Adhesives Research Inc.
- L.D. Davis Industries Inc.
- Mars Supply
- Ashland Global Holdings Inc.
- Beardow Adams Group
- Chemence Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 15.93 Billion |
| Forecasted Market Value ( USD | $ 19.48 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 33 |
