Industrial Adhesives Market Size, Share, and Growth Analysis

Global Industrial Adhesives Market

Industrial Adhesives Market By Product Type (Acrylic Adhesive, Epoxy Based Adhesive), By Technology (UV Cure Adhesive, Pressure Sensitive Adhesive), By End Use Industry, By Region - Industry Forecast 2025-2032


Report ID: SQMIG25A2389 | Region: Global | Published Date: January, 2025
Pages: 198 |Tables: 92 |Figures: 71

Format - word format excel data power point presentation

Industrial Adhesives Market Insights

Industrial Adhesives Market size was valued at USD 43.2 billion in 2023 and is poised to grow from USD 45.4 billion in 2024 to USD 67.59 billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

Industrial adhesives market is expected to witness lucrative growth opportunities in the future due to rapid urbanization, increasing population, growing new construction and infrastructure development activities. Increasing demand for construction materials that offer high adherence, improved performance and simpler application methods are further driving the industrial adhesives market.

Growing demand for water-based adhesives due to rising environmental concerns is expected to offer additional market opportunities. Water-based adhesives are manufactured from water, polymers and a choice of additives. They cure by the evaporation of the water and are often used in gluing porous or semi-porous materials such as cardboard, paper, and wood.

Significant growth in the automobile sector along with rising demand from packaging industries are some of the prominent factors that drive the market for industrial adhesives. Its increasing application in automotive industry is mainly because of its favorable properties that includes flexibility, lower costs, solvent-free, high fatigue & thermal shock tolerance, less vibration, reduced waste, and high productivity. Industrial adhesives are an excellent replacement for conventional bonding materials such as hoods, fasteners used indoors, deck lid flanges, dashboards, roof panels, and other automotive components.

In addition, advanced bonding technologies help to reduce time as well as cost of the overall manufacturing process that increases the profit margin in an industry. Further, the new bonding technology also reduces the overall weight of a vehicle that ultimately enhances its fuel efficiency. This is a major trend accepted worldwide by several automotive manufacturers particularly in the electric vehicles and autonomous vehicles manufacturing process. Increasing government regulation for reducing carbon emission further drives the growing adoption of industrial adhesives in the automotive sector.

Market snapshot - 2025-2032

Global Market Size

USD 43.2 billion

Largest Segment

Epoxy

Fastest Growth

Polyurethane

Growth Rate

5.1% CAGR

Global Industrial Adhesives Market ($ Bn)
Country Share for North America Region (%)

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Industrial Adhesives Market Segments Analysis

Global Industrial Adhesives Market is segmented by Product Type, Technology, End Use Industry and region. Based on Product Type, the market is segmented into Acrylic Adhesive, Epoxy Based Adhesive, PVA, Polyurethane, EVA and Others. Based on Technology, the market is segmented into UV Cure Adhesive, Pressure Sensitive Adhesive, Water-based Adhesive, Solvent Based Adhesive, Hot Melt Adhesive and Others. Based on End Use Industry, the market is segmented into Automotive & Aerospace, Healthcare & Hygiene, Consumer Goods, Packaging, Construction, Electronics, Furniture & Metalwork, Glass Making, Footwear, Paper and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Analysis by Composition

The epoxy segment occupies a dominant position in the industrial adhesives market, mainly due to its exceptional bond strength, chemical resistance and durability, epoxy adhesives are widely used in complex industrial applications, especially in aerospace and in the automotive industry. Their superior mechanical properties including high tensile strength and resistance to temperature changes make them ideal for bonding metals, composites and plastics. Epoxy adhesives are also valued for their manufacturability stronger and longer-lasting connections due to increasing demand for the demanding industries such as electronics and components because high-performance fabrics are driving uptake a highly atomized coatings with epoxy.

As per the global industrial adhesives market analysis, polyurethane segment is the fastest growing segment due to its versatility and performance in a wide range of applications. Polyurethane adhesives are known for good bond strength, flexibility and resistance to environmental factors such as water, heat and chemicals. For example, in the automotive industry, polyurethane adhesives are used to support components such as windshields, dashboards and body panels due to their resistance to vibration and temperature fluctuations. Additionally, polyurethane adhesives are increasingly favored in sustainable product designs due to their ability to provide durable, long-lasting bonds with minimal environmental impact.

Analysis by Type

As per the global industrial adhesives market outlook, the water-based adhesives are the dominating segment. The water-based adhesives segment is a key contributor to the industrial adhesives market, mainly because these products using water as the main control agent are non-destructive, environmentally friendly and non-toxic. Their low levels of volatile organic compounds (VOCs) are in line with increasing regulatory requirements for sustainability and environmental protection. Liquid adhesives are widely used in the packaging, paper and wood industries due to their excellent bonding properties on porous surfaces such as paper, paper, wood and others. Furthermore, increasing emphasis on green manufacturing processes continues to expand the use of adhesives in various industries.

The solvent-based adhesives are the fastest growing segment in the market. The solvent-based adhesives segment plays a key role in applications that require good bond strength, durability and resistance to extreme conditions. These adhesives use solvents to create a strong and durable bond, making it ideal for automotive, aerospace, construction and other applications. Solvent-based adhesives are particularly effective for bonding porous materials such as steel, plastic, and rubber. Despite its efficiency, the segment faces challenges due to environmental concerns and stringent VOC regulations. These adhesives can bond different types of substrates such as metals, plastics, composites, and wood. Their ability to adhere to a wide range of materials makes them an ideal choice in many manufacturing and assembly processes.

Global Industrial Adhesives Market By Composition (%)

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Industrial Adhesives Market Regional Insights

North America plays a dominant role in the industrial adhesives market due to its technological advancements and focus on sustainability in this region. 3M, Henkel, and H.B. Fuller are making significant investments in research and development to create advanced adhesive solutions. Key industries in North America, including automotive, aerospace, manufacturing, and packaging, play a major role in driving the demand for high-performance textiles. The adoption of environmentally friendly and low VOC adhesives in this region has increased with stringent environmental regulations such as U.S. Environmental Protection Agency (EPA) guidelines. In addition, solvent-based epoxy adhesives are used for high-pressure applications in the automotive, aerospace and aerospace industries in North America, increasing the demand for advanced bonding solutions.

As per industrial adhesives market forecast, Asia Pacific region is the fastest growing due to the booming construction and durable consumer industry in China, India, Japan, and South Korea. The establishment of foreign industries owing to business-friendly government policies and the rise in residential and commercial projects has supported infrastructural development in the region. As Asia Pacific economies continue to thrive and innovate, industrial adhesives play a crucial role in enhancing production efficiency, product quality, and sustainability. This trend underscores the region's pivotal position in driving global demand for industrial adhesives.

Global Industrial Adhesives Market By Geography
  • Largest
  • Fastest

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Industrial Adhesives Market Dynamics

Industrial Adhesives Market Drivers

Lightweight Materials Revolution

  • The growing adoption of lightweight materials in manufacturing, especially in automotive and aerospace industries, is a major driver. Adhesives play a crucial role in bonding advanced materials like composites and aluminum, enabling weight reduction while maintaining structural integrity. This trend aligns with the industry's focus on fuel efficiency and performance.

Sustainability in Manufacturing

  • Global initiatives toward sustainable practices are influencing adhesive formulations. Manufacturers are prioritizing eco-friendly solutions that reduce environmental impact without compromising performance. Adhesives that meet energy-efficient and manufacturing goals are gaining significant traction. Sustainable adhesive solutions focus on reducing waste in the manufacturing process. Adhesives that are easily recyclable and allow for easier separation during recycling are gaining popularity. Additionally, many adhesives are now designed to be removable, which supports easier recycling of materials after use.

Industrial Adhesives Market Restraints

Increased Cost of Raw Materials

  • The market faces challenges due to fluctuations in the prices of resins, solvents, and key additives. The cost of raw materials such as resins and solvents have a significant impact on the pricing of industrial adhesives. Fluctuating prices of raw materials can significantly impact production costs, making it challenging for smaller manufacturers to sustain operations. The rising costs and limited availability of certain adhesives due to expensive or scarce raw materials often restrict market access for these players, hindering their competitiveness in the industry.

Legal and Compliance Challenges

  • The industrial adhesives market is subject to stringent regulations regarding product safety, environmental and chemical composition. Compliance with these regulations, especially in areas with stringent environmental regulations, can increase operating costs and push some firms into the market. Stringent environmental regulations regarding the use of certain chemicals in adhesives add complexity to manufacturing processes, creating hurdles for market players.

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Industrial Adhesives Market Competitive Landscape

The global industrial adhesives industry is highly competitive, with many key players dominating the landscape through innovation, technological development and strategic expansion. Companies such as 3M, Henkel and BASF, looking at different industries with automotive, packaging, electronics and healthcare durability in industrial applications, focusing on high-performance chemical adhesives that meet increasing demand for applications well the handling and customization.

Top Players in Industrial Adhesives Market

  • Henkel GmbH & Co. KGaA (Germany)
  • 3M (USA) 
  • Avery Dennison Corp. (USA) 
  • H.B. Fuller (USA) 
  • Arkema Group (France) 
  • Sika AG (Switzerland) 
  • RPM International Inc. (USA) 
  • LINTEC Corp. (Japan) 
  • Huntsman Corp. (USA) 
  • Illinois Tool Works Inc. (USA) 
  • Wacker Chemie AG (Germany) 
  • Pidilite Industries Ltd. (India) 
  • Berry Global, Inc. (USA) 
  • DuPont (USA) 
  • Mactac (USA) 
  • Nan Pao Resins Chemical Co., Ltd. (Taiwan) 
  • Jowat Corp. (Germany) 
  • DELO Industrial Adhesives (Germany) 
  • Toagosei Group (Japan) 
  • General Sealants, Inc. (USA)

Recent Developments

  • December 2021 -Meridian Adhesives Group disclosed the closure of the acquisition of American Sealants Inc. ASI, based in Fort Wayne, Indiana, is known for the innovation of product assembly sealants and adhesives. These solutions have several applications in various markets and applications, including construction, residential and commercial building, transportation, DIY, and industrial.
  • December 2021 -Arkema disclosed the strategic acquisition of South Africa-based Permoseal, a prominent player in adhesive solutions for woodworking, DIY, construction, and packaging.
  • July 2022- Mapei started the construction of its third manufacturing facility in Kosi, Mathura, to cater to the demand generated from Northern India.

Industrial Adhesives Key Market Trends

Industrial Adhesives Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to SkyQuest analysis, the industrial adhesives market experiences heightened demand due to the rising expansion of production facilities by leading companies. Companies prioritize adhesives that meet stringent standards, driving growth in the market. The rise of infrastructure projects and the expanding packaging industry further fuel demand. These adhesives enhance application precision, speed, and efficiency, meeting the needs of diverse industries. These regions are expected to drive significant growth and innovation. Integration of smart technologies, including UV-cured adhesives, and pressure-sensitive formulations, creates new avenues for innovation.

Report Metric Details
Market size value in 2023 USD 43.2 billion
Market size value in 2032 USD 67.59 billion
Growth Rate 5.1%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Acrylic Adhesive
    • Epoxy Based Adhesive
    • PVA
    • Polyurethane
    • EVA
    • Others
  • Technology
    • UV Cure Adhesive
    • Pressure Sensitive Adhesive
    • Water-based Adhesive
    • Solvent Based Adhesive
    • Hot Melt Adhesive
    • Others
  • End Use Industry
    • Automotive & Aerospace
    • Healthcare & Hygiene
    • Consumer Goods
    • Packaging
    • Construction
    • Electronics
    • Furniture & Metalwork
    • Glass Making
    • Footwear
    • Paper
    • Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Henkel GmbH & Co. KGaA (Germany)
  • 3M (USA) 
  • Avery Dennison Corp. (USA) 
  • H.B. Fuller (USA) 
  • Arkema Group (France) 
  • Sika AG (Switzerland) 
  • RPM International Inc. (USA) 
  • LINTEC Corp. (Japan) 
  • Huntsman Corp. (USA) 
  • Illinois Tool Works Inc. (USA) 
  • Wacker Chemie AG (Germany) 
  • Pidilite Industries Ltd. (India) 
  • Berry Global, Inc. (USA) 
  • DuPont (USA) 
  • Mactac (USA) 
  • Nan Pao Resins Chemical Co., Ltd. (Taiwan) 
  • Jowat Corp. (Germany) 
  • DELO Industrial Adhesives (Germany) 
  • Toagosei Group (Japan) 
  • General Sealants, Inc. (USA)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Industrial Adhesives Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Industrial Adhesives Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Industrial Adhesives Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Adhesives Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Adhesives Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Industrial Adhesives Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Global Industrial Adhesives Market size was valued at USD 1.07 Billion in 2023 and is poised to grow from USD 1.14 Billion in 2024 to USD 1.82 Billion by 2032, growing at a CAGR of 6.04% in the forecast period (2025-2032).

The global industrial adhesives industry is highly competitive, with many key players dominating the landscape through innovation, technological development and strategic expansion. Companies such as 3M, Henkel and BASF, looking at different industries with automotive, packaging, electronics and healthcare durability in industrial applications, focusing on high-performance chemical adhesives that meet increasing demand for applications well the handling and customization. '3M Company', 'Henkel AG & Co. KGaA', 'BASF SE', 'Sika AG', 'The Dow Chemical Company', 'H.B. Fuller Company', 'Avery Dennison Corporation', 'Arkema Group', 'ITW (Illinois Tool Works Inc.)', 'Momentive Performance Materials Inc.', 'Ashland Global Holdings Inc.', 'Lord Corporation', 'Wacker Chemie AG', 'Southeast Adhesives, Inc.', 'Paramelt B.V. '

The growing adoption of lightweight materials in manufacturing, especially in automotive and aerospace industries, is a major driver. Adhesives play a crucial role in bonding advanced materials like composites and aluminum, enabling weight reduction while maintaining structural integrity. This trend aligns with the industry's focus on fuel efficiency and performance.

Fast Paced Growth of E-commerce Industry in Developing Nations: The packaging industry started with multiple long-term trends driving higher demand, and growth accelerated as economic activity switched to address the challenges posed by the COVID-19 pandemic. The industry's robust performance supported rising revenues and the expansion of important end markets such as food and beverage and healthcare and demonstrated the industry's general stability during a period of overall economic uncertainty.

North America plays a dominant role in the industrial adhesives market due to its technological advancements and focus on sustainability in this region. 3M, Henkel, and H.B. Fuller are making significant investments in research and development to create advanced adhesive solutions. Key industries in North America, including automotive, aerospace, manufacturing, and packaging, play a major role in driving the demand for high-performance textiles. The adoption of environmentally friendly and low VOC adhesives in this region has increased with stringent environmental regulations such as U.S. Environmental Protection Agency (EPA) guidelines. In addition, solvent-based epoxy adhesives are used for high-pressure applications in the automotive, aerospace and aerospace industries in North America, increasing the demand for advanced bonding solutions.

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Global Industrial Adhesives Market
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