Adhesives Market Report 2025

The adhesives market size has grown strongly in recent years. It will grow from $93.08 billion in 2024 to $102.25 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to strong economic growth in the end-user markets emerging markets, rapid technology development, and growth in residential construction activity.

The adhesives market size is expected to see strong growth in the next few years. It will grow to $142.83 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to demand from the automobile industry, increasing demand for adhesives from the building & construction industry, rapid urbanization, and rising demand from the packaging industry. Major trends in the forecast period include automation and instrumentation solutions, adopting 3d vision systems, investing in rapid curing of adhesives, implementing ebeam technology, focusing on developing innovative products, and considering adopting IoT technologies.

During a significant historical period, technological advancements played a pivotal role in propelling the global economy. Industries such as the adhesives industry, heavily reliant on technology, significantly benefited from this transformative trend. Technologies such as hot melts, reactive acrylics, and UV systems gained prominence due to their inherent safety features and energy-efficient characteristics. Adhesives emerged as substitutes for mechanical fastening systems owing to their superior performance and overall cost-effectiveness. These factors substantially fueled the growth of the adhesives market throughout this historical period.

The burgeoning expansion of the automotive industry is anticipated to act as a driving force behind the continued growth of the adhesives market. The automotive industry encompasses diverse entities engaged in designing, manufacturing, marketing, and maintaining motor vehicles. Adhesives employed within the automotive sector offer robust, lightweight, and flexible bonding solutions that augment structural integrity while reducing weight, consequently contributing to enhanced fuel efficiency and overall vehicle performance. For instance, in September 2023, the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, reported a notable 28.9% increase in UK vehicle production in July compared to the previous year, totaling 85,304 units. Passenger car production saw a 31.6% rise to 76,451 units, while commercial vehicle production increased by 9.3% to 8,853 units year-on-year. Hence, the upward trajectory of the automotive industry serves as a key driver propelling the growth of the adhesives market.

Numerous adhesive companies are embracing IoT (Internet of Things) technologies to connect machinery and smart devices, enabling real-time insights and the identification of inefficiencies in manufacturing processes. The data collected undergoes processing, analysis, and interpretation by plant managers and senior-level management to enhance quality standards and achieve optimal production levels. For instance, smart systems equipped with embedded software and analytics tools provide critical insights into the working condition and performance of chemical reactors, notifying plant operators and managers of potential machine breakdowns. Leading companies adopting IoT include BASF SE, The Dow Chemical Company, and H.B. Fuller, among others.

Major adhesive market players are directing their investments towards developing bio-compatible adhesive solutions to gain a competitive edge and cater to the escalating demand for sustainable and eco-friendly products. One such innovation is Swiftmelt 1515-I, exhibiting exceptional performance in achieving a balance between adhesion and ease of removal. This product underwent thorough testing and received certification by ISO 10993-5 for cytotoxicity. For example, in January 2023, H.B. Fuller, a US-based adhesive manufacturing company, introduced Swiftmelt 1515-I, its inaugural bio-compatible product compliant in IMEA - India, the Middle East, and Africa. Specifically designed for medical tape applications in challenging climatic conditions prevalent in the Indian subcontinent, Swiftmelt 1515-I ensures effective high-tack, secure bonding, quick adhesion even under high temperatures, and offers shear resistance.

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 Zakłady 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. The countries covered in the 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 adhesives market consists of the sales of wet adhesives, contact adhesives, single/two component reactive adhesives, and pressure-sensitive adhesives. 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.

Adhesives, encompassing products such as glues and caulking compounds, serve the purpose of binding surfaces of two separate items. These adhesives are characterized by properties such as abrasion resistance, creep and fatigue resistance, dimensional stability, flexibility and toughness, low shrinkage, and hardness.

The primary types of adhesives include water-based adhesives, solvent-based adhesives, hot-melt-based adhesives, reactive adhesives, and other variations. Water-based adhesives are formulated with natural and synthetic polymers that readily dissolve in water. They achieve hardening through the evaporation of water or absorption of water into the porous substrate. Product types within this category include acrylic, PVA, polyurethane, styrenic block, epoxy, Eva, and other variants. These adhesives find applications in diverse industries such as packaging, construction, laminates, woodstock and furnishing, automobiles, footwear, and other related fields.

The adhesives market research report is one of a series of new reports that provides adhesives market statistics, including adhesives industry global market size, regional shares, competitors with an adhesives market share, detailed adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the adhesives industry. This 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.

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.