Adhesive Manufacturing in the US - Industry Market Research Report

Stick together: As economic conditions improve, the need for adhesives in major downstream manufacturers is set to rebound

Adhesive manufacturers produce adhesives, glues and caulking compounds. Adhesive manufacturing revenue has been growing at a CAGR of 0.4% over the past five years, including an estimated 0.2% slump in the current year, and is expected to total $19.2 billion in 2023. Operators were hindered amid the COVID-19 pandemic, but recovering downstream markets, primarily manufacturing, have helped sales. The Adhesive Manufacturing industry manufactures adhesives, glues and caulking compounds. Adhesives are materials that are initially fluid or semifluid, but when placed between two opposing solid materials, they become solids. They bond to the surfaces they are applied to and prevent joint movement. This industry excludes asphalt, dental and gypsum-based adhesives. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.