Adhesives Market is expected to reach US$ 53.49 Billion by 2031

Surging Demand from End-Use Industries Bolsters the Adhesives Market Growth

According to our latest study on "Adhesives Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis – by resin type and end use industry," the market size is expected to grow from US$ 38.14 billion in 2024 to US$ 53.49 billion by 2031; the adhesives market is estimated to register a CAGR of 5.1% from 2025–2031. The report highlights factors driving the adhesives market growth and prominent players, along with their developments in the market. The report also covers the adhesives market trends and their foreseeable impact during the forecast period.

The growing adhesives market share is driven by a wide scope of factors that differ among the diverse end-use sectors. Adhesives are applied in the automotive industry to facilitate lightweight vehicle development, multi-material bonding, improved crash performance, and enhanced durability, supporting the trend of electric mobility and energy efficiency. Aerospace adhesives are used to bond composites, minimize the structural weight, and facilitate other advanced manufacturing processes that need precision and reliability. The construction and building industry is also a demand source where adhesives are used in flooring, insulation, paneling, facade installation, sealants, and energy-efficient building elements, which are in line with the regulations that offer sustainable and high-performance buildings.

Adhesives Market Breakdown – by Region

The packaging sector supports demand with the expansion of e-commerce, food packaging, flexible packaging, and labeling uses, which depend on fast, dependable adhesive systems, including hot-melt, water-based, and pressure-sensitive formulations. Electrical and electronics applications broaden the market, with the assembly of components, thermal management, sensitive circuit protection, miniaturization, and the emergence of devices that need accurate, dependable bonding solutions. The medical industry is using biocompatible adhesives in devices, diagnostics, wound management, and wearable technologies to support demand, where the adhesives have to comply with rigorous regulatory and performance standards. Other sectors, including footwear, furniture, appliances, and general consumer products, also require adhesives to assemble, finish decoratively, reduce noise, and customize products.

Market growth is driven by the sustainability trends, where there is a growing focus on low-VOC, solvent-free, recyclable, and energy-efficient adhesive formulations that are environmentally friendly and meet the expectations of customers. The innovations in materials science and manufacturing technologies allow the development of specialty adhesives that have better strength, chemical resistance, speed of curing, and compatibility with a wide range of substrates, increasing their industry usage. The demand for adhesives is also increased by automation and contemporary assembly, with numerous production lines needing accuracy and quick bonding solutions, which are capable of supporting large-scale production. The trend toward performance and specialty adhesives providing targeted functionality to meet the needs of specific industries and the continuing move to lightweight, compact, and highly efficient products also support market growth.

The adhesives market analysis has been performed by considering the following segments: resin type and end-use industry. Based on resin type, the market has been segmented into epoxy, polyurethane, acrylic, and others. The polyurethane segment accounted for the largest market share in 2024. On the basis of end-use industry, the market is categorized into automotive, aerospace, building and construction, electrical and electronics, medical, and others. The building and construction industry segment accounted for the largest adhesives market share in 2024.

Based on geography, Asia Pacific held the largest market share in 2024 due to its rapid industrialization, expanding manufacturing base, and high production volumes in key sectors such as automotive, electronics, packaging, construction, and consumer goods. The region benefits from strong economic growth, large-scale infrastructure development, and rising urbanization, particularly in China, India, and Southeast Asia. The region hosts many global supply chains and contract manufacturing hubs, driving continuous demand for high-performance and cost-effective adhesives. Growing middle-class consumption, increasing e-commerce activity, and investments in renewable energy and electric vehicles reinforce the region's dominant position in global adhesive demand.

The adhesives market forecast can help stakeholders plan their growth strategies. Dow Inc., 3M Co., Henkel AG & Co KGaA, Sika AG, Huntsman International LLC, HB Fuller Co, Parker Hannifin Corporation, Dymax Corp, Astro Chemical Co Inc, and Wacker Chemie AG are among the prominent players profiled in the adhesives market report. These players are focusing on providing high-quality products to fulfill customer demand. They are adopting new product launches, capacity expansions, partnerships, and collaborations to stay competitive in the adhesives market.

The geographical scope of the adhesives market report focuses on North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is segmented into the US, Canada, and Mexico. The market in Europe is divided into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The market in Asia Pacific is categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The Middle East & Africa market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The market in South & Central America is classified into Brazil, Argentina, and the Rest of South & Central America.

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