Water-based Adhesive Market

Water-based Adhesive Market Overview:

The global water-based adhesive market size reached USD 23.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 45.1 Billion by 2033, exhibiting a growth rate (CAGR) of 6.96% during 2025-2033. The market is driven by the rising demand for flexible packaging, rapid urbanization, and thriving textile industry that require water-based adhesives to emphasize on sustainability while improving performance and efficiency of textile manufacturing processes.

Water-based Adhesive Market Analysis:

• Major Market Drivers: The growing demand for flexible packaging and rapid urbanization is positively influencing the market.
• Key Market Trends: The rising awareness among the masses about sustainable products and ongoing technological advancements are propelling the market growth.
• Geographical Trends: Asia Pacific holds the largest segment because of its rapid urbanization and industrialization.
• Competitive Landscape: Some of the major market players in the water-based adhesive industry include 3M Company, Arkema, Bond Tech Industries Inc., DuPont de Nemours, Inc., Evonik Industries AG, H.B. Fuller Company, Henkel AG and Co. KgaA, MAPEI S.p.A., Pidilite Industries Ltd., Sika AG, Weilburger Coatings GmbH, among many others.
• Challenges and Opportunities: While the market face challenges like performance limitations, it also encounters opportunities in the development of advanced water-based adhesive.

Water-based Adhesive Market Trends:

Rising demand for flexible packaging

As per the IMARC Group’s report, the global flexible packaging market reached US$ 136.0 Billion in 2023. Flexible packaging is preferred for its lightweight nature and ability to reduce material consumption compared to traditional rigid packaging. Water-based adhesives align well with sustainability goals as they are compatible with a wide range of flexible packaging materials, such as films, foils, and paper and have lower environmental impact and volatile organic compound (VOC) emissions. Moreover, flexible packaging materials often come into direct contact with food and pharmaceuticals, necessitating strict compliance with regulatory standards for safety and hygiene. Such applications require non-toxic adhesive type like water-based adhesives that are compatible with food contact applications to meet the strict regulatory requirements.

Rapid urbanization

According to the content updated in 2023 on the website of the World Bank, around 50% of the population resides in urban areas. Urbanization resulted in the need for houses, businesses, and other structures, such as roads, bridges, and buildings. Construction or water based adhesives are used for sticking materials like woods, floorings, insulators, and wall coverings. Due to their low VOC emission, and their compliance to strict environmental standards, they are ideal for use in the urban areas where emissions are high. Furthermore, urbanization is leading to high vehicles adoption and demand for automotive products. Water-based adhesives are widely employed in automotive interiors for bonding fabric materials, carpeting and trim components. Low emissions and performance profiles satisfy the specific requirements of the automotive industry.

Thriving textile industry

Water-based adhesives are used in the textile industry for laminating fabrics, attaching linings, bonding trims, and assembling textile products including apparels, footwear, and furniture. They offer good bonding ability without affecting the elasticity and softness of textile substrates. In line with this, water-based adhesives are developed to respond to the requirements of the textile industry like flexibility, wash fastness, heat setting, and affinity to natural and synthetic textile materials including cotton, wool polyester, and nylon. Further development of the adhesive technology enhances these performance features. In addition, these adhesives are preferred in textile applications as they can be easily applied by using techniques, such as spraying, roller coating, or screen printing. It has good wet tack and adhesion, which enable smooth running of production processes in the textile industry. The IMARC Group’s report shows that the global textile market is expected to reach US$ 1,445.4 Billion by 2032.

Water-based Adhesive Market 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 2025-2033. Our report has categorized the market based on resin type and application.

Breakup by Resin Type:

• Acrylic Polymer Emulsion (PAE)
• Polyvinyl Acetate (PVA) Emulsion
• Vinyl Acetate Ethylene (VAE) Emulsion
• Styrene Butadiene (SB) Latex
• Polyurethane Dispersion (PUD)
• Others
   

Polyvinyl acetate (PVA) emulsion accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the resin type. This includes acrylic polymer emulsion (PAE), polyvinyl acetate (PVA) emulsion, vinyl acetate ethylene (VAE) emulsion, styrene butadiene (SB) latex, polyurethane dispersion (PUD), and others. According to the report, polyvinyl acetate (PVA) emulsion represents the largest segment.

PVA emulsion adhesives are favored for their high ability to bond with porous materials, such as wood, paper, cardboard, and textiles, making them ideal for applications in woodworking, packaging, bookbinding, and textiles. They provide flexible adhesive strength and ease of use that make them ideal for home use and in the industries. Furthermore, PVA emulsions are classified as non-toxic, low odor suitable to meet the existing and future stringent regulatory standards and individual demands for safe, environment-friendly products. In addition, they can set and harden to a fine sleek surface that forms a coherent structure without shrinkage or brittleness, which is strengthening the water-based adhesive market growth.

Breakup by Application:

• Tapes and Labels
• Paper and Packaging
• Building and Construction
• Woodworking
• Automotive and Transportation
• Others
   

Paper and packaging hold the largest share of the industry

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes tapes and labels, paper and packaging, building and construction, woodworking, automotive and transportation, and others. According to the report, paper and packaging accounts for the largest market share.

Paper and packaging offer environmental advantages over solvent-based alternatives. Additionally, water-based adhesives are very useful and effective in bonding various kinds of paper and cardboard that improve production processes in companies dealing with packaging solutions. The fact that they can offer high-quality and long-lasting connections at a lower cost also guarantees their leadership in this field. Moreover, innovations in adhesive technology are continually improving their performance characteristics, such as faster curing times and enhanced adhesion properties, making them indispensable in the production of boxes, cartons, and labels.

Breakup by Region: 

• 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 
   

Asia Pacific leads the market, accounting for the largest water-based adhesive market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for water-based adhesive.

As per the website of the National Bureau of Statistics of China, in 2023, the urbanization rate of permanent residents reached 66.16 percent. Rapid urbanization in China is driving the demand for packaging materials as consumption habits are changing and e-commerce platforms are expanding. Water-based adhesives play a crucial role in the production of sustainable packaging solutions, such as corrugated boxes, cartons, and labels, which are essential in urban logistics and retail sectors. Moreover, the availability of raw materials, lower production costs, and expanding manufacturing capabilities in the region contribute to its dominance in the global market. As industries in Asia Pacific are continuously expanding and modernizing, the water-based adhesives demand is expected to remain robust.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the water-based adhesive industry include 3M Company, Arkema, Bond Tech Industries Inc., DuPont de Nemours, Inc., Evonik Industries AG, H.B. Fuller Company, Henkel AG and Co. KgaA, MAPEI S.p.A., Pidilite Industries Ltd., Sika AG, and Weilburger Coatings GmbH.

  (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• Key players are continuously improving adhesive formulations to enhance performance characteristics, such as bonding strength, flexibility, and environmental sustainability. They are introducing new adhesive products tailored as per specific applications and industries, including packaging, construction, automotive, and healthcare. Moreover, many companies are developing adhesives with reduced volatile organic compounds (VOCs) emissions, low toxicity, and improved biodegradability to comply with stringent environmental regulations. They are integrating advanced technologies to improve adhesive application processes, enhance curing speeds, and optimize bonding performance. Key players are also collaborating with suppliers, other industries, and research institutions to drive innovations, address industry challenges, and expand market reach. For instance, in 2023, Arkema acquired Arc Building Products in Ireland, specialized in construction adhesives and sealants. This acquisition will strengthen its position in Ireland’s market with a broader range of solutions and a local manufacturing footprint.

Water-based Adhesive Market News:

• May 2, 2024: Arkema acquired Dow’s flexible packaging laminating adhesives business, one of the leading producers of adhesives for the flexible packaging market, generating annual sales of around US$250 million. The proposed acquisition will significantly expand Arkema’s portfolio of solutions for flexible packaging.

Water-based Adhesive Market Report Scope:

Key Questions Answered in This Report: 

• How has the global water-based adhesive market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global market?
• What is the impact of each driver, restraint, and opportunity on the global market?
• What are the key regional markets?
• Which countries represent the most attractive market?
• What is the breakup of the market based on the resin type?
• Which is the most attractive resin type in the market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global water-based adhesive market?

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 water-based adhesive market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global water-based adhesive 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 water-based adhesive 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.