Global Adhesives Market 2025: Overview, Key Players & Company Directory
The “Adhesives – A Global Market Overview” report, now available from ResearchAndMarkets.com, offers an in-depth analysis of the global adhesives market, including forecasts, trends, and major player profiles. This extensive report outlines key data on the market’s projected growth, regional dynamics, technology innovations, and end-use applications, with insights through 2030.
Global Market Overview
The global consumption of adhesives is expected to reach 19.4 million metric tons by 2024, with a projected compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. In terms of value, the adhesives market is forecast to grow to $77.6 billion by 2030, driven by a CAGR of 4.2% during the same period.
This report provides a comprehensive review, analysis, and forecast of the global adhesives market for both volume and value consumption from 2021 to 2030, excluding natural and unmodified adhesives, as well as formaldehyde-based adhesives.
Market Drivers
The growth of the adhesives market is largely driven by several key factors. The transition from traditional mechanical fasteners to adhesive solutions is a significant trend, reflecting adhesives’ ability to provide stronger and more efficient bonds. This shift is particularly noticeable in industries like construction, automotive, and packaging. The automotive sector’s increasing emphasis on lightweight, fuel-efficient, and electric vehicles is also propelling demand for advanced adhesive solutions.
The rapid expansion of construction and infrastructure projects worldwide is another major driver, alongside advancements in electronics, electrical industries, and medical device manufacturing. Additionally, the growth of renewable energy projects and innovations in packaging are contributing to market expansion. There is also rising demand for adhesives used in maintenance, repair, and across various other industrial applications.
Technological innovation in adhesive formulations and compliance with stringent environmental regulations are further bolstering market growth, as industries adopt more sustainable and efficient adhesives.
Regional Market Analysis
Asia-Pacific is the largest regional market for adhesives, accounting for 53% of global consumption in 2024. It is also the fastest-growing region, with significant demand expected through 2030. Europe is the second-largest market, followed closely by North America, where growth is expected to be slightly slower with below-average CAGRs during the forecast period.
Adhesive Technologies
The report examines various adhesive technologies, including:
- Natural-based Adhesives
- Water-borne Adhesives
- Hot Melt Adhesives
- Solvent-borne Adhesives
- Reactive Adhesives
- Water-soluble Adhesives
Water-borne, hot melt, and reactive adhesives together account for 83.6% of the global adhesive volume consumption, with reactive adhesives leading the market in value.
Adhesive Applications
Adhesive applications span several industries, including:
- Building & Construction
- Consumer/DIY
- Furniture/Woodworking
- Industrial Assembly/Other
- Leather & Footwear
- Packaging/Converting
- Automotive & Transportation
The packaging/converting sector is the largest application for adhesives, estimated at 6.7 million metric tons or 34.6% of the global market in 2024, followed by the building and construction sector.
Adhesive Chemistry Types
The adhesives market is also segmented by chemistry types, including:
- Vinyl Adhesives
- Acrylic Adhesives
- Polyurethane Adhesives
- Elastomer/Rubber Adhesives
- Epoxy Adhesives
- Other Adhesive Chemistries
Vinyl-based adhesives lead in terms of value, holding a share of 26.8%, or $16.3 billion, in 2024.
Key Global Players
The report features profiles of 32 major companies in the adhesives market, including:
- 3M Company
- Arkema Group (Bostik S.A.)
- Avery Dennison Corporation
- Berry Global Inc.
- Bolton Adhesives
- Chemence Inc.
- Delo Industrial Adhesives
- Dow Inc.
- DuPont De Nemours Inc.
- Dymax Corporation
- Franklin International
- H. B. Fuller
- Henkel AG & Co. KGaA
- Huntsman Corp.
- Illinois Tool Works Inc.
- Jowat SE
- Kleiberit SE & Co. KG
- Lintec Corp.
- Mapei S.p.A.
- Meridian Adhesives Group
- NanPao Resins Chemical Group
- Novatech International
- Parker Hannifin Corp – Lord Division
- Pidilite Industries Ltd
- RPM International Inc.
- Sike AG
- Soudal Group
- The Reynolds Company
- ThreeBond Co., Ltd.
- Toagosei Group
- Uniseal Inc.
- Wacker Chemie AG
Market Trends and Innovations
Several key business trends and product innovations are shaping the adhesives industry. For instance:
- Soudal has acquired a majority stake in Sharp Chemicals and expanded into Japan.
- Meridian Adhesives Group is enhancing its presence in Southeast Asia.
- H.B. Fuller has acquired leading medical adhesive technology companies.
- Arkema completed the acquisition of Dow’s flexible packaging laminating adhesives business.
- Henkel is investing in the expansion of its adhesives plant in Bopfingen.
Additionally, Bostik has launched its Kizens LIME, a new range of packaging adhesives, as part of its decarbonization efforts, while Henkel introduced a novel high-performing removable construction adhesive aimed at the DIY market.
The global adhesives market is poised for significant growth, driven by a variety of technological advancements, shifting industry needs, and increasing demands for sustainable and efficient adhesive solutions. The market’s trajectory is shaped by key sectors such as automotive, construction, packaging, and healthcare, with innovative technologies providing new opportunities. Companies that adapt to the evolving demands and embrace environmental regulations will continue to thrive in this dynamic industry.
