The global market for Structural Adhesives was estimated at US$19.3 Billion in 2023 and is projected to reach US$30.2 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The focus on sustainability and energy efficiency has further fueled demand, as structural adhesives enable the use of composites and other lightweight materials that improve energy efficiency and reduce carbon emissions. Additionally, rising investments in infrastructure, increased production of electric vehicles (EVs), and expanding aerospace manufacturing have contributed to market growth, encouraging the integration of structural adhesives in diverse applications.
Global Structural Adhesives Market - Key Trends and Drivers Summarized
How Are Structural Adhesives Enhancing Bonding in Industrial Applications?
Structural adhesives are high-strength bonding agents designed to join materials like metals, composites, plastics, and ceramics in various industrial applications. These adhesives offer robust mechanical properties, heat and chemical resistance, and long-term durability, making them essential in automotive, aerospace, construction, electronics, and other sectors. Unlike traditional mechanical fasteners, structural adhesives distribute stress evenly across bonded surfaces, resulting in stronger, lighter, and more fatigue-resistant assemblies. As industries focus on weight reduction, improved performance, and efficient assembly processes, structural adhesives have become critical components in modern manufacturing.What Are the Key Segments in the Structural Adhesives Market?
Key types include epoxy, polyurethane, acrylic, and cyanoacrylate adhesives, with epoxy adhesives holding the largest market share due to their superior bonding strength, chemical resistance, and versatility across different substrates. Applications cover bonding, assembly, sealing, and repair, with bonding representing a significant segment driven by its use in automotive body assembly, aerospace components, and construction materials. End-user industries include automotive, aerospace, construction, electronics, and renewable energy, with the automotive sector leading the market as structural adhesives enable weight reduction and improved crash resistance in vehicle design.How Are Structural Adhesives Integrated Across Industrial Sectors?
In the automotive industry, structural adhesives are used for bonding body panels, chassis components, and interior trims, replacing traditional welding and riveting methods to achieve lighter and stronger vehicles. In the aerospace sector, these adhesives join composite materials in aircraft structures, enhancing fuel efficiency, reducing noise, and improving impact resistance. In the construction industry, structural adhesives bond façade elements, panels, and structural reinforcements, supporting faster assembly, reduced labor, and increased design flexibility. Additionally, the electronics sector uses structural adhesives for bonding components in smartphones, tablets, and electronic devices, ensuring thermal management, vibration resistance, and miniaturization of devices.What Factors Are Driving the Growth in the Structural Adhesives Market?
The growth in the Structural Adhesives market is driven by several factors, including increasing demand for lightweight materials and efficient bonding solutions across industries like automotive, aerospace, and electronics. Advancements in adhesive formulations, such as improved curing times, enhanced bonding strength, and resistance to harsh environments, have supported broader applications in industrial settings.The focus on sustainability and energy efficiency has further fueled demand, as structural adhesives enable the use of composites and other lightweight materials that improve energy efficiency and reduce carbon emissions. Additionally, rising investments in infrastructure, increased production of electric vehicles (EVs), and expanding aerospace manufacturing have contributed to market growth, encouraging the integration of structural adhesives in diverse applications.
Scope of the Study
The report analyzes the Structural Adhesives market, presented in terms of market value (US$ Million). The analysis covers the key segments and geographic regions outlined below.Segments
Technology (Water-Based, Solvent-Based, Other Technologies); Resin Type (Epoxy, Acrylic, Polyurethane, Cyanoacrylate, Other Resin Types); Application (Automotive, Building & Construction, Aerospace, Electrical & Electronics, Energy, 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 Water-based Technology segment, which is expected to reach US$16.6 Billion by 2030 with a CAGR of a 7.0%. The Solvent-based Technology segment is also set to grow at 6.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.1 Billion in 2023, and China, forecasted to grow at an impressive 9.7% CAGR to reach $7.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Structural Adhesives Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Structural Adhesives Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Structural Adhesives Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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 major players in the Global Structural Adhesives Market such as 3M, Acralock, Arkema, Bondloc, Cabot Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 33 companies featured in this Global Structural Adhesives Market report include:
- 3M
- Acralock
- Arkema
- Bondloc
- Cabot Corporation
- DuPont
- Forgeway Ltd
- H.B. Fuller
- Henkel AG
- LORD Corporation
- RS Industrial
- SIKA Group
- Uniseal
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
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
- 3M
- Acralock
- Arkema
- Bondloc
- Cabot Corporation
- DuPont
- Forgeway Ltd
- H.B. Fuller
- Henkel AG
- LORD Corporation
- RS Industrial
- SIKA Group
- Uniseal
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 19.3 Billion |
Forecasted Market Value ( USD | $ 30.2 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |