The global market for Adhesives was valued at US$69.9 Billion in 2024 and is projected to reach US$98.6 Billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements are propelling the adhesive industry forward, particularly through the adoption of nanotechnology and the development of hybrid adhesives. Nanomaterials like carbon nanotubes and graphene are being integrated into adhesive formulas to significantly enhance their strength, durability, and flexibility. These innovations are critical in environments that demand high-performance adhesives capable of withstanding extreme conditions. Additionally, the emergence of hybrid adhesives, which combine the properties of different adhesive families, exemplifies the industry's move towards versatility and superior performance. These hybrids offer tailored solutions that meet specific application needs, making them increasingly popular in diverse sectors ranging from construction to electronics, where their enhanced properties can be leveraged for innovative applications.
The adhesive industry is undergoing a significant transformation, driven by the need for sustainable practices and the integration of advanced material science technologies. Environmental concerns are a major factor influencing the evolution of adhesives, with a growing emphasis on developing eco-friendly products that minimize the use of volatile organic compounds (VOCs) and enhance recyclability. This shift is not only a response to regulatory pressures but also to market demands for more sustainable and responsible manufacturing practices. Moreover, the ability of adhesives to bond dissimilar materials is increasingly valuable in industries such as automotive and aerospace, where efficient, lightweight, and strong assemblies are crucial. This capability allows for the replacement of traditional mechanical fastening methods, which is instrumental in developing lighter and more energy-efficient vehicles and aircraft.
Global Adhesives Market - Key Trends and Drivers Summarized
The growth of the adhesive industry is supported by several key drivers, including increased regulatory compliance aimed at reducing VOC emissions and the rising popularity of structural adhesives. These drivers are reshaping the market landscape by encouraging the development of adhesives that are not only more environmentally friendly but also more effective in structural applications. The expansion of the healthcare sector is another significant growth area, with medical adhesives becoming integral in various applications, from surgical dressings to medical devices. Additionally, the growing needs of the electronics sector for miniaturized and efficient assembly solutions are driving advancements in adhesive technologies that offer precise and reliable performance. Together, these factors are steering the adhesive industry towards a future where sustainability, performance, and innovation converge to meet the complex demands of modern manufacturing and consumer expectations.Technological advancements are propelling the adhesive industry forward, particularly through the adoption of nanotechnology and the development of hybrid adhesives. Nanomaterials like carbon nanotubes and graphene are being integrated into adhesive formulas to significantly enhance their strength, durability, and flexibility. These innovations are critical in environments that demand high-performance adhesives capable of withstanding extreme conditions. Additionally, the emergence of hybrid adhesives, which combine the properties of different adhesive families, exemplifies the industry's move towards versatility and superior performance. These hybrids offer tailored solutions that meet specific application needs, making them increasingly popular in diverse sectors ranging from construction to electronics, where their enhanced properties can be leveraged for innovative applications.
The adhesive industry is undergoing a significant transformation, driven by the need for sustainable practices and the integration of advanced material science technologies. Environmental concerns are a major factor influencing the evolution of adhesives, with a growing emphasis on developing eco-friendly products that minimize the use of volatile organic compounds (VOCs) and enhance recyclability. This shift is not only a response to regulatory pressures but also to market demands for more sustainable and responsible manufacturing practices. Moreover, the ability of adhesives to bond dissimilar materials is increasingly valuable in industries such as automotive and aerospace, where efficient, lightweight, and strong assemblies are crucial. This capability allows for the replacement of traditional mechanical fastening methods, which is instrumental in developing lighter and more energy-efficient vehicles and aircraft.
Report Scope
The report analyzes the Adhesives market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Type (Epoxy, Acrylic, Polyurethane (PU), Polyvinyl Acetate (PVA), Ethyl Vinyl Acetate (EVA), Styrenic Block, Other Types); Technology (Water-based, Solvent-based, Hot Melt, Pressure Sensitive, Other Technologies); Application (Building & Construction, Automotive & Transportation, Woodworking, Paper & Packaging, Leather & Footwear, Consumer / DYI, Other Applications).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Epoxy Adhesives segment, which is expected to reach US$28.6 Billion by 2030 with a CAGR of a 6.8%. The Acrylic Adhesives segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $18.1 Billion in 2024, and China, forecasted to grow at an impressive 9.1% CAGR to reach $23 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Adhesives Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Adhesives Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Adhesives Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as 3M Company, Adchem Corp., Adhesives Research, Inc., Adhesives Technology Corp., Akzo Nobel NV and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 258 companies featured in this Adhesives market report include:
- 3M Company
- Adchem Corp.
- Adhesives Research, Inc.
- Adhesives Technology Corp.
- Akzo Nobel NV
- Ashland Global Holdings Inc.
- Avery Dennison Corp.
- BASF SE
- Beardow & Adams (Adhesives) Ltd.
- Bemis Associates, Inc.
- Berry Global, Inc.
- Bostik (USA)
- Covestro AG
- DAP Products, Inc.
- DIC Corp.
- Dow Inc.
- DYMAX Corp.
- Franklin International, Inc.
- Georgia-Pacific Chemicals LLC
- H.B. Fuller Company
- Henkel AG & Company, KGaA
- Huntsman Corp.
- Illinois Tool Works, Inc.
- LORD Corp.
- Mapei S.p.A.
- Momentive
- Permatex, Inc.
- PPG Industries
- RPM International, Inc.
- Sika AG
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Adchem Corp.
- Adhesives Research, Inc.
- Adhesives Technology Corp.
- Akzo Nobel NV
- Ashland Global Holdings Inc.
- Avery Dennison Corp.
- BASF SE
- Beardow & Adams (Adhesives) Ltd.
- Bemis Associates, Inc.
- Berry Global, Inc.
- Bostik (USA)
- Covestro AG
- DAP Products, Inc.
- DIC Corp.
- Dow Inc.
- DYMAX Corp.
- Franklin International, Inc.
- Georgia-Pacific Chemicals LLC
- H.B. Fuller Company
- Henkel AG & Company, KGaA
- Huntsman Corp.
- Illinois Tool Works, Inc.
- LORD Corp.
- Mapei S.p.A.
- Momentive
- Permatex, Inc.
- PPG Industries
- RPM International, Inc.
- Sika AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 381 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 69.9 Billion |
| Forecasted Market Value ( USD | $ 98.6 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
