Adhesives and Sealants Market Trends

The global adhesives and sealants market is expected to be worth USD 85.4 Billion in 2024, with a potential of valued to USD 111.5 billion by 2032. During the projected period of 2025–2032 it is expected to grow at a CAGR of 3.39%.

Key player in adhesives and sealants market includes Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Sika AG (Switzerland), 3M (US), Arkema (Bostik) (France), Ashland Inc. (USA), Pidilite Industries Ltd (India), Avery Dennison Corporation (USA), Huntsman Corporation (USA), Wacker Chemie AG (Germany), RPM International Inc. (USA), Kuraray Co., Ltd. (Japan), Dow Inc (USA), Asian Paints Ltd (India), DIC Corp (Japan).

Demand will be driven by the construction/infrastructure boom, increased automotive production, and demand for lightweight materials for vehicles and EVs across emerging markets including Asia-Pacific, Middle East and Latin America.

Trends include the development of bio-based and low-VOC adhesives, demand in renewable energy and EV sectors, and increasing investment toward sustainable and green formulations due to consumer and regulatory pressure going toward those aspects.

Asia Pacific has the largest share of the market and is projected to have over 41% share in 2024 as this region is leading in construction growth, industrialization, and EV manufacturing (e.g. China , India).

The most critical issues include price volatility of raw materials, broken supply chains, highly fragmented and price-competitive markets, particularly in the low- and mid-performance segments where price competition cuts profit margins.

There is a significant shift in focus on bio-based, VOC-free formulations undertaken by manufacturers of adhesives and sealants. In particular, there are recent regulatory frameworks in this area in the EU and North America, that help promote the adoption of environmentally safe adhesives and materials and are starting to reshape product development.

Construction is the leading application for adhesives and sealants (as the adhesives for tiling, insulation, and modular building). The automotive sector is in second place as structural adhesives have replaced mechanical fasteners in order to reduce weight and improve EV battery efficiency.

Regulation aimed at VOC emissions is changing the game for product innovation. Companies are developing compliant adhesives from renewable feedstock (like SuperBark and VISIOMER® GLYFOMA) to cope with the new regulations in Europe and North America.

The price of raw materials, especially petrochemical derivatives, shapes input pricing. The volatile nature of raw material global supply chains, and constant changes in oil prices cause procurement costs to increase substantially, and overall company profitability and pricing strategy.

Construction demand is driven by infrastructure development, and the demand for green buildings, while favourable automotive demand particularly from the electric vehicles (EVs) movement has prompted considerable interest from the adhesives producers to have advanced adhesives to satisfy lightweighting distribution and battery assembly, this makes the construction and automotive sectors very important for the overall market expansion.