Industrial Adhesives Market Size

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.

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.