Thermosetting Acrylic Adhesive Global Market Report 2025

The thermosetting acrylic adhesive market size has grown strongly in recent years. It will grow from $1.16 billion in 2024 to $1.24 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing demand from the automotive industry, growing use in construction applications, rising adoption in electronics manufacturing, expansion of the packaging industry, and increasing preference for durable adhesive solutions.

The thermosetting acrylic adhesive market size is expected to see strong growth in the next few years. It will grow to $1.58 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising demand for lightweight vehicles, increasing adoption in renewable energy components, expansion of medical device manufacturing, growth in infrastructure development projects, and increasing focus on sustainable adhesive formulations. Key trends in the forecast period include advancements in adhesive curing technology, innovations in bio-based thermosetting acrylics, development of high-performance adhesive systems, growing research and development activities, and adoption of nanotechnology for adhesive enhancement.

The rise of electric vehicles (EVs) is expected to propel the growth of the thermosetting acrylic adhesive market going forward. Electric vehicles are automobiles powered entirely or partially by electric energy stored in batteries instead of conventional fossil fuels. The growth of EVs is driven by environmental concerns, as they produce zero tailpipe emissions and help reduce air pollution. Thermosetting acrylic adhesives support electric vehicles by providing strong, durable, and heat-resistant bonding for lightweight components, enhancing structural integrity and overall vehicle performance. For instance, in December 2023, according to the European Environment Agency, a Europe-based government organization, the share of electric vehicles in new registrations rose to 22.7% for cars and 7.7% for vans, up from 19% for cars and 6% for vans in 2022. Therefore, the rise of electric vehicles is driving the growth of the thermosetting acrylic adhesive market.

Major companies operating in the thermosetting acrylic adhesive market are focusing on developing innovative products, such as two-part toughened acrylic systems, to enhance bonding performance, reduce surface preparation requirements, and improve production efficiency across automotive, composite, and industrial applications. Two-part toughened acrylic systems consist of two reactive components that chemically cure to form strong, impact-resistant, and durable thermoset bonds. For instance, in January 2024, Permabond Engineering Adhesives Limited, a US-based company providing high-performance bonding and sealing solutions, launched its advanced toughened acrylic adhesive, Permabond TA4208 Black. Designed for the composite materials sector, this versatile adhesive serves multiple industrial applications. The two-part 1:1 formulation offers high viscosity and non-slumping properties, ideal for vertical and gap-filling applications. Its innovative surface adhesion technology enables strong bonding even on oily or oxidized surfaces, minimizing surface preparation. Additionally, it provides rapid strength development, achieving high peel and shear strength within 20 minutes, enhancing productivity in fast-paced manufacturing environments.

In October 2024, Formerra, a US-based performance materials distributor, entered into a strategic partnership with H.B. Fuller for an undisclosed value. Through this partnership, Formerra aims to expand the distribution of H.B. Fuller’s Cilbond bonding agents across North America, improving manufacturing efficiency and technical support for customers. H.B. Fuller is a US-based manufacturer of thermosetting acrylic adhesives.

Major players in the thermosetting acrylic adhesive market are Dow Inc., 3M Company, Henkel AG & Co. KGaA, Kisling, Sika AG, Wacker Chemie AG, H.B. Fuller, Bostik SA, Tex Year Industries Inc., Parson Adhesives Inc., ITW Performance Polymers, Permabond LLC, SAF-T-LOK International Corp., Loxeal LLC, AJ Adhesives Inc., WEICON Inc., Lord Corporation, Master Bond Inc., Bondloc UK Ltd., and Novachem Corporation.

North America was the largest region in the thermosetting acrylic adhesive market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in thermosetting acrylic adhesive report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the thermosetting acrylic adhesive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The intensifying U.S. tariffs and escalating trade tensions in spring 2025 are expected to have a significant impact on the chemicals sector, which is bearing a disproportionate burden, particularly from tariffs on petrochemicals and intermediates, where affordable domestic substitutes are often unavailable. Producers of specialty chemicals, heavily dependent on Chinese raw materials, are experiencing production disruptions. At the same time, fertilizer manufacturers are seeing profit margins eroded due to tariffs on phosphate imports. In response, companies are ramping up R&D into bio-based alternatives, forming procurement alliances to consolidate buying power, and shifting production to tariff-neutral nations such as Saudi Arabia.

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

Thermosetting acrylic adhesive is a type of adhesive that cures irreversibly when exposed to heat, forming strong and durable bonds. It consists of acrylic polymers that crosslink during the curing process, providing enhanced chemical and thermal resistance. Once cured, it cannot be remelted or reshaped, ensuring long-lasting adhesion even under harsh environmental conditions.

The key types of thermosetting acrylic adhesives include flexible adhesives, rigid adhesives, high-performance adhesives, low-viscosity adhesives, and high-viscosity adhesives. Flexible adhesives maintain elasticity, allowing them to absorb dynamic stress, vibration, and thermal expansion between dissimilar materials. The product formats include one-part adhesives, two-part adhesives, and reactive adhesives, with features such as high heat resistance, flexibility, fast curing, and UV stability. These adhesives are applied across industries such as automotive, construction, electronics, woodworking, and packaging, serving end users in industrial, commercial, residential, healthcare, and aerospace sectors.

The thermosetting acrylic adhesive market consists of sales of non flammable adhesive, structural adhesive, bead on bead dual component adhesive, and gap filling adhesives. Values in this market are ‘factory gate’s 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.

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.

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