Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Adhesives and Sealants Market Report by Adhesive Type (Acrylic, PVA, Polyurethanes, Styrenic Block Copolymers, Epoxy, EVA, and Others), Sealant Type (Acrylic, Silicone, Polyurethane, Butyl, and Others), Technology (Water-Based, Solvent-Based, Hot Melt, Reactive, and Others), Application (Paperboard and Packaging, Building and Construction, Transportation, Leather and Footwear, Furniture, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2490
Year End
sale
Buy Now
Adhesives and Sealants Market Size:
The global adhesives and sealants market size reached US$ 66.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 99.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. The market is experiencing steady growth driven by the increasing demand for adhesives and sealants across various industries, growing environmental awareness, surging demand for eco-friendly formulations, ongoing research and development (R&D) activities, and evolving consumer preferences for convenience and aesthetics.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
|
Market Size in 2023
|
US$ 66.4 Billion |
|
Market Forecast in 2032
|
US$ 99.5 Billion |
| Market Growth Rate 2024-2032 | 4.5% |
Adhesives and Sealants Market Analysis:
- Market Growth and Size: The global adhesives and sealants market is experiencing steady growth, driven by increasing demand from various industries, such as automotive, construction, and electronics.
- Major Market Drivers: The rising demand for lightweight and fuel-efficient vehicles has been a major driver, propelling the automotive industry's adoption of advanced adhesives and sealants.
- Technological Advancements: Ongoing technological advancements have led to the development of high-performance and eco-friendly adhesives and sealants, meeting industry-specific requirements.
- Industry Applications: Adhesives and sealants find widespread applications in construction, automotive manufacturing, aerospace assembly, electronics, healthcare, and packaging industries owing to their ability to reduce weight without compromising structural integrity.
- Key Market Trends: Market trends include the shift towards eco-friendly formulations, increased emphasis on miniaturization in electronics, and the expansion of the market in emerging economies, particularly in Asia-Pacific.
- Geographical Trends: Asia-Pacific is witnessing substantial growth due to urbanization and industrialization, while North America and Europe continue to be key markets with a focus on innovation.
- Competitive Landscape: The market is highly competitive, with several major players competing for market share. Companies are investing in research and development (R&D) to stay competitive.
- Challenges and Opportunities: Challenges include regulatory compliance and meeting industry standards. Opportunities lie in addressing environmental concerns and creating innovative solutions for evolving industries like electronics and renewable energy.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
Adhesives and Sealants Market Trends:
Construction industry's impact on the global adhesives and sealants market
The expansion of the construction industry is one of the primary drivers influencing the global adhesives and sealants market. The escalating use of adhesives and sealants in various construction applications, from bonding materials like concrete, wood, and ceramics to sealing joints is another growth-inducing factor. The growth in infrastructure and building projects across the globe directly correlates with the demand for adhesives and sealants. As urbanization continues, the construction sector remains a steadfast driver, necessitating the development of high-performance adhesives and sealants that meet the industry's stringent requirements. Additionally, environmental considerations in construction have prompted the formulation of eco-friendly adhesives and sealants, marking a significant trend in this sector's growth.
Automotive sector's influence on adhesives and sealants
The automotive industry is a key driver in the global adhesives and sealants market. The continual advancement of automotive technology and design has led to increased utilization of these materials in vehicle manufacturing. Adhesives and sealants play a vital role in enhancing safety by bonding critical components and reducing weight to improve fuel efficiency. With automakers striving for lightweighting and fuel economy, the demand for specialized adhesives and sealants is on the rise. Moreover, these materials contribute to noise and vibration reduction, making vehicles quieter and more comfortable for passengers. The automotive sector's dynamic nature and commitment to innovation ensure that adhesives and sealants continue to be pivotal components in the industry's ongoing evolution.
Aerospace industry's strive for high-performance adhesives and sealants
The aerospace industry is a driving force behind the development and utilization of high-performance adhesives and sealants. With stringent regulations and safety standards, aerospace applications demand exceptional bonding and sealing capabilities. Adhesives and sealants are used extensively in aircraft assembly, maintenance, and repair to ensure structural integrity, reduce weight, and enhance fuel efficiency. They also contribute to the aerospace sector's ability to withstand extreme environmental conditions, such as temperature variations and high-altitude exposure. As the aerospace industry continues to expand, especially with the growth of commercial aviation and space exploration, the demand for advanced adhesives and sealants is poised to increase, cementing this sector's influence on the market.
Electronics industry's surging use of adhesives and sealants for miniaturization
The electronics industry has embraced adhesives and sealants for their crucial role in achieving miniaturization and product assembly. With consumer electronics becoming smaller and more complex, precise bonding and sealing are essential. Adhesives play a pivotal role in securing delicate components on circuit boards, while sealants ensure protection against moisture and dust. Furthermore, these materials enable heat dissipation, which is vital for electronic device longevity and performance. As consumer demand for compact and high-performing electronics continues to grow, the electronics industry's reliance on adhesives and sealants becomes increasingly pronounced. Innovations in this sector often revolve around adhesives and sealants designed to meet the unique challenges of electronic device manufacturing.
Adhesives and Sealants Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on adhesive type, sealant type, technology, and application.
Breakup by Adhesive Type:
- Acrylic
- PVA
- Polyurethanes
- Styrenic Block Copolymers
- Epoxy
- EVA
- Others
Acrylic accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the adhesive type. This includes acrylic, PVA, polyurethanes, styrenic block copolymers, epoxy, EVA, and others. According to the report, acrylic represented the largest segment.
The acrylic segment is driven by the increasing demand in the construction and automotive industries, owing to its versatility, adhesion properties, and resistance to weathering. Acrylic adhesives and sealants are favored for their durability and ability to bond various substrates, making them essential for structural applications and automotive assembly.
The polyvinyl acetate (PVA) segment is driven by its widespread use in woodworking, paper packaging, and school glue applications. PVA adhesives are known for their ease of use, non-toxicity, and excellent bonding capabilities on porous materials, making them a staple in woodworking and paper-related industries.
The polyurethanes segment is driven by their high-performance characteristics, making them a choice for industries like aerospace, automotive, and construction. Their flexibility, durability, and resistance to extreme conditions contribute to their growth, enabling their use in critical applications within these sectors.
The styrenic block copolymers segment, on the other hand, are driven by their use in the packaging, automotive, and healthcare industries due to their exceptional adhesion, impact resistance, and compatibility with various substrates.
Epoxy adhesives and sealants segment is driven by their strong bonding capabilities and resistance to chemicals and temperature fluctuations, making them indispensable in the aerospace, automotive, and electronics sectors.
The ethylene vinyl acetate (EVA) segment is driven by its use in flexible packaging, footwear, and solar panel applications due to its flexibility, low-temperature performance, and excellent adhesion properties. It plays a significant role in industries where flexibility and adhesion are critical factors.
The others segment encompasses various specialty adhesives and sealants catering to specific industries like electronics, medical, and renewable energy.
Breakup by Sealant Type:
- Acrylic
- Silicone
- Polyurethane
- Butyl
- Others
Silicones holds the largest share in the industry
A detailed breakup and analysis of the market based on the sealant type have also been provided in the report. This includes acrylic, silicone, polyurethane, butyl, and others. According to the report, silicones accounted for the largest market share.
The silicone segment is primarily driven by their exceptional flexibility, heat resistance, and electrical insulation properties. These characteristics make them essential in the electronics, automotive, and aerospace sectors.
The acrylic segment is driven by the increasing demand for versatile and durable adhesives and sealants in a wide range of applications. Acrylic-based products offer excellent adhesion properties, weather resistance, and versatility, making them a preferred choice in construction, automotive, and general industries.
The polyurethane segment benefits from its outstanding bonding strength, chemical resistance, and versatility, which cater to applications in construction, automotive, and aerospace industries.
The butyl segment finds traction due to its exceptional air and water sealing capabilities, making it a top choice for the construction and automotive sectors.
In the others segment, various specialized formulations cater to specific industry needs, such as medical-grade adhesives or adhesives for renewable energy applications, driven by niche requirements and technological advancements.
Breakup by Technology:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
- Water-Based
- Solvent-Based
- Hot Melt
- Reactive
- Others
Water-based check represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the technology. This includes water-based, solvent-based, hot melt, reactive, and others. According to the report, water-based represented the largest segment.
The water-based segment is driven by the increasing demand for environmentally friendly adhesives and sealants. Stringent regulations and growing environmental awareness have led industries to shift towards water-based formulations due to their low volatile organic compounds (VOC) emissions, making them an eco-conscious choice for various applications.
Moreover, the solvent segment is primarily driven by its fast drying and excellent adhesion properties. Industries requiring rapid bonding and curing, such as automotive and construction, favor solvent-based adhesives and sealants for their efficiency and durability.
The hot melt segment experiences momentum due to its versatility and high bond strength. These adhesives solidify upon cooling, making them ideal for applications that require quick bonding, like packaging and woodworking.
The reactive segment is propelled by its ability to form strong chemical bonds, offering exceptional durability and resistance properties. Industries like aerospace, where safety and performance are paramount, prefer reactive adhesives and sealants for their exceptional bonding capabilities under extreme conditions.
Moreover, the others segment encompasses a variety of specialty adhesives and sealants tailored to unique applications.
Breakup by Application:
- Paperboard and Packaging
- Building and Construction
- Transportation
- Leather and Footwear
- Furniture
- Others
Building and construction represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the application. This includes paperboard and packaging, building and construction, transportation, leather and footwear, furniture, and others. According to the report, building and construction represented the largest segment.
The building and construction segment is driven by the increasing need for energy-efficient and durable construction materials. Sustainability and energy conservation have become paramount, leading to the adoption of advanced adhesives and sealants that enhance building insulation and structural integrity.
The paperboard and packaging segment is driven by the increasing demand for sustainable and eco-friendly packaging solutions. With growing environmental awareness and stringent regulations, there is a shift towards recyclable and biodegradable packaging materials, propelling innovation in this sector.
The transportation segment is driven by the increasing focus on lightweight materials and fuel efficiency. Adhesives and sealants play a crucial role in bonding and sealing components, reducing vehicle weight, and improving fuel economy, making them integral to the automotive and aerospace industries.
The leather and footwear segment is driven by the increasing demand for high-quality and stylish products. Adhesives and sealants ensure the durable assembly of leather goods and footwear, meeting consumer expectations for both aesthetics and functionality.
The furniture segment is driven by the increasing demand for modern and aesthetically pleasing designs. Adhesives and sealants are essential for bonding and securing furniture components, allowing manufacturers to create innovative and visually appealing products.
In the others segment, various industries benefit from adhesives and sealants for specific applications. This segment's growth is driven by niche requirements, such as in the healthcare sector for medical devices and in renewable energy for wind turbine assembly.
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
APAC leads the market, accounting for the largest adhesives and sealants market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, APAC accounted for the largest market share.
In Asia Pacific, the adhesives and sealants market is witnessing substantial growth due to rapid urbanization and industrialization, particularly in emerging economies. The construction industry is a major driver, as it requires these materials for various applications, including infrastructure development and building projects. Additionally, technological advancements in the electronics sector contribute significantly to market expansion, as miniaturization trends demand precision bonding and sealing solutions. The region's vast consumer base and manufacturing capabilities make it a hub for adhesives and sealants, attracting both domestic and international manufacturers.
The North American adhesives and sealants market is driven by the increasing demand in the construction and automotive industries, where these materials are crucial for bonding and sealing applications.
In Europe, the market is primarily influenced by the thriving automotive and aerospace sectors, emphasizing high-performance adhesives and sealants. Additionally, the region's commitment to green technologies and eco-conscious consumers fuels the development of environmentally friendly products.
Latin America sees growth in construction and packaging industries, along with a rising focus on sustainability.
The Middle East and Africa region experiences demand primarily from the construction sector due to ongoing infrastructure development, while the energy sector's expansion also contributes to market growth.
Leading Key Players in the Adhesives and Sealants Industry:
The key players in the adhesives and sealants market are actively engaged in several strategic initiatives to maintain their competitive edge and cater to evolving industry demands. These initiatives include significant investments in R&D, aimed at developing innovative formulations that meet specific industry requirements and regulatory standards. Additionally, companies are increasingly focusing on sustainability by introducing eco-friendly products to align with growing environmental concerns and consumer preferences for green solutions. Market leaders are also expanding their global footprint through mergers, acquisitions, and partnerships to tap into emerging markets and strengthen their distribution networks.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
- 3M Company
- Arkema S.A
- Ashland Global Specialty Chemicals Inc.
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Limited
- Eastman Chemical Company
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Sika AG
- Wacker Chemie AG
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Latest News:
- In September 2021: 3M launched the 3M™ VHBT™ GPH Series, a family of double-sided tapes designed for bonding high surface energy substrates.
- In October 2021: Arkema announced the acquisition of Lambson Limited, a leader in photoinitiator technology for UV-curable coatings and inks. This acquisition was in line with Arkema's strategy to expand its presence in the sustainable and high-performance materials market.
- In May 2021: Ashland introduced "Ashland 1™", a new brand identity that reflected the company's commitment to innovation and customer-focused solutions in various markets, including adhesives and sealants.
Adhesives and Sealants Market Report Scope:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Adhesive Types Covered | Acrylic, PVA, Polyurethanes, Styrenic Block Copolymers, Epoxy, EVA, Others |
| Sealant Types Covered | Acrylic, Silicone, Polyurethane, Butyl, Others |
| Technologies Covered | Water-Based, Solvent-Based, Hot Melt, Reactive, Others |
| Applications Covered | Paperboard and Packaging, Building and Construction, Transportation, Leather and Footwear, Furniture, Others |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 3M Company, Arkema S.A, Ashland Global Specialty Chemicals Inc., Avery Dennison Corporation, Beardow & Adams (Adhesives) Limited, Eastman Chemical Company, H.B. Fuller Company, Henkel AG & Co. KGaA, Sika AG, Wacker Chemie AG, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the adhesives and sealants market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global adhesives and sealants market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the adhesives and sealants industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.
The global adhesives and sealants market was valued at US$ 66.4 Billion in 2023.
We expect the global adhesives and sealants market to exhibit a CAGR of 4.5% during 2024-2032.
The increasing demand for adhesives and sealants as binding agents over mechanical fasteners, such as welds, screws, fasteners, etc., enabling the production of lightweight and compact components, is currently driving the global adhesives and sealants market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of various end-use industries for adhesives and sealants.
Based on the adhesive type, the global adhesives and sealants market has been divided into acrylic, PVA, polyurethanes, styrenic block copolymers, epoxy, EVA, and others. Currently, acrylic exhibits a clear dominance in the market.
Based on the sealant type, the global adhesives and sealants market can be categorized into acrylic, silicone, polyurethane, butyl, and others. Among these, silicone currently holds the majority of the global market share.
Based on the technology, the global adhesives and sealants market has been segmented into water-based, solvent-based, hot melt, reactive, and others. Currently, water-based technology represents the largest market share.
Based on the application, the global adhesives and sealants market can be bifurcated into paperboard and packaging, building and construction, transportation, leather and footwear, furniture, and others. Among these, the building and construction segment currently accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global adhesives and sealants market include 3M Company, Arkema S.A, Ashland Global Specialty Chemicals Inc., Avery Dennison Corporation, Beardow & Adams (Adhesives) Limited, Eastman Chemical Company, H.B. Fuller Company, Henkel AG & Co.KGaA, Sika AG, and Wacker Chemie AG.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More