The adhesives market has seen considerable growth due to a variety of factors.
• In recent times, the adhesives market has seen substantial growth. The market is predicted to expand from $93.08 billion in 2024 to $102.25 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.8%.
The growth during the historical period can be associated with robust economic expansion in the emerging markets of end-users, fast-paced technological advancements, and a surge in residential construction activities.
The adhesives market is expected to maintain its strong growth trajectory in upcoming years.
• Over the next few years, the adhesives market is predicted to observe substantial growth, projecting to reach $142.83 billion by 2029, driven by a compound annual growth rate (CAGR) of 8.7%.
This growth during the forecast period is linked to a surge in demand from the automobile sector, escalating needs for adhesives in the building and construction industry, swift urbanization, and an upsurge in requirements from the packaging sector. The forecast period will be characterized by key trends such as embracing automation and instrumentation solutions, adopting 3D vision systems, investments geared towards rapid adhesives curing, the implementation of ebeam technology, emphasis on the creation of innovative products, and a potential shift towards adopting Internet of Things (IoT) technologies.
The worldwide economy was significantly propelled by advancements in technology. This growth substantially profited sectors like the adhesives industry that are heavily reliant on technological innovations. Tech-based solutions like hot melts, reactive acrylics, and UV systems have gained popularity because of their inherent safety and energy-saving properties. As adhesives demonstrated superior performance and cost-efficiency, they have replaced mechanical fastening systems. These dynamics have been instrumental in influencing the adhesives market throughout the historical period.
The adhesives market covered in this report is segmented –
1) By Adhesive Type: Structural, Tapes And Films, Threadlocks And Retainers, Liquid Gaskets, Automotive Adhesives
2) By Vehicle Type: Passenger Cars, LCVs, Trucks, Buses, Aftermarket
3) By Resin Type: Polyurethane, Epoxy, Acrylics, Silicone, SMP, MMA, Other Resin Types
4) By Application: BIW, Glazing, Powertrain, Paint Shops, Upholstery
Subsegments:
1) By Structural: Epoxy Adhesives, Polyurethane Adhesives, Acrylic Adhesives, Cyanoacrylate Adhesives
2) By Tapes And Films: Pressure-Sensitive Adhesive Tapes, Double-Sided Tapes, Adhesive Films, Transfer Tapes
3) By Threadlocks And Retainers: Anaerobic Threadlockers, Anaerobic Retainers, High-Strength Threadlockers
4) By Liquid Gaskets: RTV (Room-Temperature Vulcanizing) Silicone Gaskets, Non-Silicone Liquid Gaskets, Sealants
5) By Automotive Adhesives: Body-In-White Adhesives, Trim Adhesives, Glass Bonding Adhesives, Underbody Adhesives
Several companies operating within the adhesive industry are turning to Internet of Things (IoT) technology to link their machinery and intelligent devices. This allows them to gather real-time insights and isolate inefficient practices within their manufacturing operations. Any data gathered is then processed, analyzed, and utilized by plant leadership and top-tier management in order to enhance product quality and maximize production rates. For instance, smart systems provide reports on the condition and efficacy of chemical reactors with inbuilt software and analytic tools that alert plant operators and managers to potential machinery malfunctions. Companies such as BASF SE, The Dow Chemical Company, and H.B. Fuller are among the major businesses implementing IoT practices.
Major companies operating in the adhesives market include:
• Henkel & Co. KGaA
• 3M Company
• Arkema
• Sika AG
• H.B. Fuller
• Illinois Tool Works Inc
• PPG Industries
• Dow Inc.
• Avery Dennison
• Huntsman
• Benson Polymers Limited
• Acme Corp
• Chadha Corporation Pvt. Ltd
• Adfast Polymers
• Proten Exim Private Limited
• Hunan Magpow Adhesive Group Co. Ltd
• Wuhan Boli Chemical Ltd
• Zibo Chico International Co. Ltd
• Tengxin Chuzhou New Material Co. Ltd
• Megabond (Huangshan) Adhesive Co. Ltd
• Shanghai Hansi Industrial Co. Ltd
• Beijing Comens New Materials Co. Ltd
• Japan Sika Corporation
• Afinitica
• ITAC Adhesives
• Bostik UK
• Antala Ltd
• tesa SE
• NPT SRL
• Permabond
• Grupa Azoty Zaklady Chemiczne Police S.A
• MD Poland
• RUSTA LLC
• Russian Coatings JSC
• LIKK
• Alloy Products
• Amazing Goop
• AssureCure
• Bondmaster
• Camie
• Chem-Calk
• Chemseal
• Chipbonder
• ConProTec
• Conap
• Conapoxy
• Cytec
• Devcon
• Double/Bubble
• Dymax
• Dynaloy
• E-Max
• Eccobond
• Eclectic
• EconoDot
• Elastoplastic
• Ellsworth
• Emerson & Cuming
• Epoxi-Patch
• FISHMAN
• Oasn Me Ltd
• Amazonas Industria E Comercio Ltd
• Hotmelt Adhesives
• Fixa Tudo
• Jowat SE
Asia-Pacific was the largest region in the adhesives market in 2024. North America was the second-largest region in The adhesives market. The regions covered in the adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa