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Adhesives - Global Market Trajectory & Analytics

  • ID: 2531231
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • 3M Company
  • Avery Dennison Corp.
  • Bostik (USA)
  • Dow Inc.
  • Huntsman Corp.
  • Momentive
Global Adhesives Market to Reach $59.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Adhesives estimated at US$47.3 Billion in the year 2020, is projected to reach a revised size of US$59.4 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027. Styrene Butadiene Rubber, one of the segments analyzed in the report, is projected to record a 3.9% CAGR and reach US$9.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Acrylic segment is readjusted to a revised 4.3% CAGR for the next 7-year period.





The U.S. Market is Estimated at $12.8 Billion, While China is Forecast to Grow at 6% CAGR

The Adhesives market in the U.S. is estimated at US$12.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.3 Billion by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Phenolic Segment to Record 3.4% CAGR

In the global Phenolic segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.9 Billion in the year 2020 will reach a projected size of US$4.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.3 Billion by the year 2027, while Latin America will expand at a 4.3% CAGR through the analysis period.

Select Competitors (Total 276 Featured):
  • 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
Frequently Asked Questions about the Global Market for Adhesives

What is the estimated value of the Global Market for Adhesives?

The Global Market for Adhesives was estimated to be valued at $47.3 Billion in 2020.

What is the growth rate of the Global Market for Adhesives?

The growth rate of the Global Market for Adhesives is 3.3%, with an estimated value of $59.4 Billion by 2027.

What is the forecasted size of the Global Market for Adhesives?

The Global Market for Adhesives is estimated to be worth $59.4 Billion by 2027.

Who are the key companies in the Global Market for Adhesives?

Key companies in the Global Market for Adhesives include 3M Company, Adchem Corp., Adhesives Research, Inc., Adhesives Technology Corp., Akzo Nobel NV, Ashland Global Holdings Inc., Avery Dennison Corp., BASF SE and Bemis Associates, Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M Company
  • Avery Dennison Corp.
  • Bostik (USA)
  • Dow Inc.
  • Huntsman Corp.
  • Momentive
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Rudimentary Industry Roundup
  • Where Do Opportunities Lie?
  • Raw Material Availability - A Crucial Factor for Adhesive Manufacturing
  • Manufacturing Shift to Low Cost Destinations
  • Recent Market Activity
  • Recovery in Global GDP Promises Stronger Growth for Adhesives
  • Steady Acceleration in Global PMI Benefits Market Growth
  • Urbanization - A Mega Growth Driver
  • Developing Countries to Drive Future Growth
  • Outsourcing of Manufacturing Activity Boosts Demand for Adhesives in Developing Countries
  • Market Outlook
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
  • 3M Company (USA)
  • Adhesives Research, Inc. (USA)
  • Adhesives Technology Corp. (USA)
  • Akzo Nobel N.V. (The Netherlands)
  • Ashland, Inc. (USA)
  • Avery Dennison Corporation (USA)
  • BASF SE (Germany)
  • Beardow & Adams (Adhesives) Limited (UK)
  • Bemis Associates, Inc. (USA)
  • Berry Global, Inc. (USA)
  • Adchem Corporation (USA)
  • Bostik (USA)
  • Covestro AG (Germany)
  • DIC Corporation (Japan)
  • DowDuPont Inc. (USA)
  • DYMAX Corp. (USA)
  • Franklin International, Inc. (USA)
  • Georgia-Pacific Chemicals LLC (USA)
  • H.B. Fuller Company (USA)
  • Henkel AG & Company, KGaA (Germany)
  • Huntsman Corporation (USA)
  • Illinois Tool Works, Inc. (USA)
  • Permatex, Inc. (USA)
  • LORD Corporation (USA)
  • Mapei S.p.A. (Italy)
  • Momentive (USA)
  • PPG Industries (USA)
  • RPM International, Inc. (USA)
  • DAP Products, Inc. (USA)
  • Sika AG (Switzerland)

3. MARKET TRENDS & DRIVERS
  • Conventional Adhesive Technology: An Overview
  • Hybrid Structural Instant Adhesives: A Breakthrough in Adhesive Technologies
  • Cyanoacrylates
  • Epoxies
  • Rising Demand and Product Innovation Boost Industrial Adhesives Market
  • Overview of Automotive Adhesives Market
  • Wood Adhesives Market to Exhibit Decent Growth
  • Competitive Scenario & Key Players
  • Overview of Electronic Adhesives Market
  • Increasing Adoption in Various End-Use Sectors Drive the Market
  • Surface Mounting Application to Offer Lucrative Opportunities
  • Adhesive Technologies for Mobile Device Manufacturing Evolve
  • Expansion of End-Use Industries Propels Demand for Glass Bonding Adhesives
  • Robust Packaged Food Industry to Impel Label Adhesives Market
  • Confluence of Positive Factors to Propel Metal Bonding Adhesives Market
  • Emerging Economies Provide Growth Platform for Roofing Adhesives Market
  • High Strength Laminating Adhesives Market Gather Stream
  • Rising Consumption of Packaged Food Propels Lamination Adhesives for Flexible Packaging Market
  • Robust Demand from End-Use Sectors Drive Acrylic Adhesives Market
  • Acrylic Based Adhesives - The Fastest Growing Product Segment
  • Acrylic Emulsion Adhesives Market - A Review
  • Non-Woven Adhesives Witness Increasing Demand in Emerging Markets
  • Composite Adhesives Market Continues to Experience NoTable Expansion
  • Hot Melt Adhesives Market Maintains Strong Momentum
  • Economic Growth and Consumer Trends Shape Hot Melt Adhesives Market
  • Players Eye Global Expansion
  • Moisture Curing Adhesives Market Experiencing Consistent Growth
  • An Overview of Anaerobic Adhesives Market
  • Emerging Economies to Provide Significant Impetus to Epoxy Adhesives Market
  • Overview of Electrically Conductive Adhesives Market
  • Product Innovation and Demand for Flexible Packaging Bolster Pressure Sensitive Adhesives Market
  • Packaging Remains Promising Application Area
  • Developing Economies Provide Significant Push to Tile & Stone Adhesive Market
  • Demand for Solvent-Free, Sustainable Products Drives UV Adhesives Market
  • An Overview of Waterproof Adhesives Market
  • Growth of End-Use Industries Provides Impetus to Polyurethane Adhesives Market
  • Robust Demand from Automotive and Aircraft Industries to Fuel Structural Adhesives Market
  • Demand for Pre-Packed Food to Drive Rigid Packaging Adhesives Market
  • Rising Use in Common and Commercial Glues Drives Polyvinyl Acetate Adhesives Market
  • Water-Based Adhesives - The Most Popular Major Adhesive Technology
  • Styrene Butadiene Rubber Based Adhesives - A Major Revenue Contributor
  • Product Developments Spearhead Market Growth
  • Need to Achieve Product Differentiation Encouraging Product Innovations
  • Environmental Friendly Products Poised to Benefit
  • Solvent Based Adhesives Set to Lose Ground to Eco-Friendly Green Technologies
  • Radiation Cured Adhesives Gain Traction
  • Focus on Innovation in Adhesives - Select Technological Advancements
  • 3M's Multi-Material Composite Urethane Scotch-Weld™ Adhesives
  • Advancement Benefit Medical and Automotive Industry
  • Henkel's Hybrid Structural Instant Adhesives
  • Uses and Applications
  • Regulations Impacting the Adhesives Industry over the Years
  • Year Y2K Onwards
  • The 1990s

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 276
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
Note: Product cover images may vary from those shown