What is the global market size of Structural Adhesive Market?

Global Structural Adhesive Market size was valued at 21.38 Billion in 2023 and is expected to grow from USD 22.64 Billion in 2024 to reach USD 33.82 Billion by 2031, at a CAGR of 5.9% during the forecast period (2024-2031).

Who are the key vendors in the Global Structural Adhesive Market?

The global structural adhesives market is very competitive because of the existence of multinationals such as Henkel AG & Co. KGaA, 3M, HB Fuller the business, & others. These companies are extensively involved in quick development and research activities for developing novel products. The increasing demand for structure adhesive has also spurred new and developing firms to enter the industry. 'Samsung Display Co., Ltd.', 'LG Display Co., Ltd.', 'BOE Technology Group Co., Ltd.', 'Japan Display Inc.', 'AU Optronics Corp.', 'Visionox Co., Ltd.', 'Tianma Microelectronics Co., Ltd.', 'Royole Corporation', 'E Ink Holdings Inc.', 'Sharp Corporation', 'Innolux Corporation', 'Truly International Holdings Limited', 'Chunghwa Picture Tubes, Ltd.', 'FlexEnable Limited', 'Plastic Logic Germany', 'JOLED Inc.', 'EverDisplay Optronics (Shanghai) Limited', 'Beijing Opto-Electronics Co., Ltd. (BOE)', 'C3Nano', 'Nanosys Inc.'

Which region accounted for the largest share in Global Structural Adhesive Market?

Asia Pacific dominated the structural adhesives industry, accounting for 34.9% of total sales. The rising construction industry in nations like China, India, and Japan is driving the strong demand in the Asia Pacific area. According to the International Trade Administration, China has the world's greatest urbanization rate, and as the country grows as a greener economy, chances for low-carbon development such as green buildings will increase. This is expected to increase the country's construction sector, resulting in the growth of the structure adhesives industry during the next few years.

Top Structural Adhesive Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Structural Adhesive Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Structural Adhesive industry players.

Structural Adhesive Market Competitive Landscape

Top Players in Structural Adhesive Market

Henkel AG & Co. KGaA (Germany)
3M Company (USA)
Sika AG (Switzerland)
H.B. Fuller Company (USA)
Dow Inc. (USA)
Arkema (France) (Bostik)
Huntsman Corporation (USA)
Ashland Global Holdings Inc. (USA)
Illinois Tool Works Inc. (ITW) (USA)
LORD Corporation (USA)
Permabond Engineering Adhesives (UK)
Scott Bader Company Ltd. (UK)
Mapei S.p.A. (Italy)
Momentive Performance Materials Inc. (USA)
Avery Dennison Corporation (USA)
Delo Industrie Klebstoffe GmbH & Co. KGaA (Germany)
KISCO Ltd. (Japan)
Nippon Soda Co., Ltd. (Japan)
Wacker Chemie AG (Germany)
Royal Adhesives & Sealants, LLC (USA)

Structural Adhesive Market Recent Development

In May 2024,Syensqo to showcase two-part adhesive for aerospace manufacturers
In January 2024, Global chemistry business, Scott Bader, has begun production of its structural adhesives and gelcoats at a new $12.5 million manufacturing facility in Mocksville.
In January 2024, Park Aerospace Corp. announces introduction of Aeroadhere™ FAE-350-1 structural film adhesive product.
In October 2023, Bostik Showcases New Adhesives Range at The India Battery Show 2023.
In June 2023, Park Aerospace Corp. unveiled Aeroadhere FAE-350-1, a novel structural film adhesive designed to join primary and secondary structures.
In October 2022, Elixir (Bengaluru, India) and Scott Bader (Wellingborough, UK) joined to market Crestabond structural adhesives across India. The news aligns with the company's pledge to assist the Indian composites business, which was made in April 2022.
In February 2022, Arkema completed its acquisition of Ashland's Performance Adhesives division. Structural adhesives are among the products available in this area. The acquisition was worth USD 1.65 billion. The acquisition bolstered Arkema's Adhesive Solutions sector and was in line with the company's objective of becoming a pure specialty material provider by 2024.
In February 2022, H.B. Fuller Company announced the completion of its acquisition of Apollo, a maker of liquid adhesives, coatings, & primers for the roofing material, industrial, and construction markets. Apollo is projected to boost H.B. Fuller's position in key high-value, high-margin sectors throughout the UK and Europe. Apollo is going to operate within H.B. Fuller's current Building adhesives & Engineering Adhesives company divisions.

Structural Adhesive Market Report Snapshots

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FAQs

Structural Adhesive Market size was valued at USD 13.6 Billion in 2023 and is poised to grow from USD 14.36 Billion in 2024 to USD 22.28 Billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The global structural adhesives market is very competitive because of the existence of multinationals such as Henkel AG & Co. KGaA, 3M, HB Fuller the business, & others. These companies are extensively involved in quick development and research activities for developing novel products. The increasing demand for structure adhesive has also spurred new and developing firms to enter the industry. '3M Company (USA) ', 'Huntsman Corporation (USA) ', 'Arkema S.A. (France) ', 'Sika AG (Switzerland) ', 'Ashland Global Holdings Inc. (USA) ', 'Dow Inc. (USA) ', 'Permabond LLC (UK) ', 'H.B. Fuller Company (USA) ', 'Avery Dennison Corporation (USA) ', 'Master Bond Inc. (USA) ', 'ITW Polymers Adhesives (USA) ', 'Dymax Corporation (USA) ', 'Weicon GmbH & Co. KG (Germany) ', 'DELO Industrie Klebstoffe GmbH & Co. KGaA (Germany) ', 'Jowat SE (Germany) ', 'Parson Adhesives (USA)'

The demand for smartphones and wearable devices with flexible displays is rapidly increasing due to their enhanced user experience, sleek designs, and durability. Consumers are looking for devices that offer flexibility, portability, and improved aesthetics.

Increasing adoption of foldable smartphones: Foldable smartphones with flexible displays have gained significant attention in the market. These devices offer a larger display area when unfolded and enhanced portability when folded. Several major smartphone manufacturers have launched foldable devices, driving the market growth for flexible displays.

With the largest revenue share of 34.9% in the structural adhesives market in 2023, Asia Pacific led the market. The expanding construction sector in nations like China, India, and Japan is the main cause of the strong demand in the Asia Pacific area. China has the fastest pace of urbanization in the world, according to the International Trade Administration. As the nation's economy grows more environmentally friendly, there will be more prospects for low-carbon development, such as green buildings.

Top Structural Adhesive Companies

Structural Adhesive Market Competitive Landscape

Top Players in Structural Adhesive Market

Structural Adhesive Market Recent Development

Structural Adhesive Market Report Snapshots

FAQs

What is the global market size of Structural Adhesive Market?

Who are the key vendors in the Structural Adhesive Market?

What is the key driver of Structural Adhesive Market?

What is the key market trend for Structural Adhesive Market?

Which region accounted for the largest share in Structural Adhesive Market?

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