The Global Adhesives Market size was estimated to be US$ 53 billion in 2019 and is expected to grow at a CAGR of 4.5% during 2020 and 2030. Strong demand from building & construction industry, rising demand for high performance adhesives, and expansion of packaging industry are the key attributes fueling the growth of the global adhesive market.
Adhesives are organic and inorganic materials capable of holding materials together through surface attachment or by forming an adhesive bond between different materials. The demand for adhesives is primarily driven from expanding applications across building & construction, packaging, and automotive industries. Expansion of food & beverage industry fueled by accelerated consumption of processed and packaged food products has resulted in increased demand for reliable and affordable packaging solutions. This has consequently fueled the growth of adhesives, as adhesives play a vital role in packaging of processed food & beverages. The demand for high performance adhesives has increased significantly for effective bonding of dissimilar materials across automotive industry, Increased investment in development of fuel efficient and green automobiles has fueled the adoption of high-performance adhesives for bonding together the synthetic materials used in automobiles. However, slack in automobile demand during past couple of years and prevalence of COVID-19 pandemic is anticipated to hinder the growth of the global adhesive market in coming years. The global adhesive market is expected to witness steady growth during the forecast period.
Asia Pacific contributed the largest share to the global adhesive market in 2019 owing to strong demand from semiconductor, food packaging and construction applications across major countries. Increasing investment in expansion of electric vehicle manufacturing, and expanding food & beverage industries across the region is expected to offer lucrative opportunities to the adhesive manufacturers during the forecast period. Europe is anticipated to witness steady growth during the forecast period, with strong demand for eco-friendly adhesives fueled by stringent environment protection regulations across the region. North America to hold significant share of the global adhesive market during the forecast period owing consistent demand from semiconductor and construction applications.
Adhesives Market Share Analysis, by Geography (2021)
The report titled “Adhesives Market - Global Market Share, Trends, Analysis and Forecasts, 2022 - 2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global adhesives market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global adhesives market is segmented on the basis of product type, technology, application, and geography. Based on product type, the global adhesive market is segmented into polyurethane, acrylic, poly vinyl acetate, polyester, rubber, epoxy, EVA and others. Based on technology, the global adhesive market is segmented into water-based adhesive, solvent based adhesive, hot melt and others. Based on applications, the global adhesives market is segmented into pressure sensitive tapes, packaging, laminates & woodstock, construction, automobiles, footwear, and others. Based on geography, the global adhesives market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on adhesives. Further, market share of prominent companies in the global adhesive market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the adhesive companies.
The global adhesive market study would take into consideration the participants engaged throughout the supply chain of the market, along with their contribution. Product portfolio would focus on all the products under the adhesive business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global adhesive market.
Major players active in the global adhesive market include Ashland Inc., Avery Dennison Corporation, BASF SE, Bostik SA, H. B. Fuller, Henkel AG & Company KGaA, Pidilite Industries Limited, Sika AG, The 3M Company, The Dow Chemicals Company, and Uniseal Inc.
By Product Type:
- Polyurethane
- Acrylic
- Poly vinyl acetate
- Polyester
- Rubber
- Epoxy
- EVA
- Others
By Technology:
- Water-based adhesive
- Solvent based adhesive
- Hot melt
- Others
By Application :
- Pressure sensitive tapes
- Packaging
- Laminates & woodstock
- Construction
- Automobiles
- Footwear
- Others
By Geography :
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
1. Introduction 1.1. Research Objectives 1.2. Report Assumptions 1.3. Research Methodology 1.4. Abbreviations 2. Preface 2.1. Market Definition 2.2. Report Scope and Market Segmentation 2.3. Research Highlights 3. Market Synopsis: Global Adhesives Market 4. Global Adhesives Market Qualitative Analysis 4.1. Ecosystem Analysis 4.1.1. Role of participants 4.1.2. Integration scenario 4.2. Trends 4.2.1. Market trends 4.2.2. Technology Trends 4.3. PESTEL Analysis (For 5 prominent countries) 4.4. Market Influencers 4.4.1. Driving Forces 4.4.2. Hindering Forces 4.4.3. Opportunities 5. Global Adhesives Market Analysis and Forecast, by Product Type 5.1. Overview and definitions 5.2. Key segment analysis 5.3. Global Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 5.3.1. Polyurethane 5.3.2. Acrylic 5.3.3. Poly Vinyl Acetate 5.3.4. Polyester 5.3.5. Rubber 5.3.6. Epoxy 5.3.7. EVA 5.3.8. Others 6. Global Adhesives Market Analysis and Forecast, by Technology 6.1. Overview and definitions 6.2. Key segment analysis 6.3. Global Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 6.3.1. Water-based adhesive 6.3.2. Solvent based adhesive 6.3.3. Hot melt 6.3.4. Others 7. Global Adhesives Market Analysis and Forecast, by Application 7.1. Overview and definitions 7.2. Key segment analysis 7.3. Global Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 7.3.1. Pressure sensitive tapes 7.3.2. Packaging 7.3.3. Laminates & woodstock 7.3.4. Construction 7.3.5. Automobiles 7.3.6. Footwear 7.3.7. Others 8. Global Adhesives Market Analysis and Forecast, by Region 8.1. Overview and definitions 8.2. Key segment analysis 8.3. Global Adhesives Market Estimates (US$ Mn), by Region, 2018 – 2030 8.3.1. North America 8.3.2. Europe 8.3.3. Asia Pacific 8.3.4. Middle East & Africa 8.3.5. South America 9. North America Adhesives Market Analysis and Forecast 9.1. Overview and definitions 9.2. Key segment analysis 9.3. North America Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 9.3.1. Polyurethane 9.3.2. Acrylic 9.3.3. Poly Vinyl Acetate 9.3.4. Polyester 9.3.5. Rubber 9.3.6. Epoxy 9.3.7. EVA 9.3.8. Others 9.4. North America Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 9.4.1. Water-based adhesive 9.4.2. Solvent based adhesive 9.4.3. Hot melt 9.4.4. Others 9.5. North America Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 9.5.1. Pressure sensitive tapes 9.5.2. Packaging 9.5.3. Laminates & woodstock 9.5.4. Construction 9.5.5. Automobiles 9.5.6. Footwear 9.5.7. Others 9.6. North America Adhesives Market Estimates (US$ Mn), Country, 2018 – 2030 9.6.1. The U.S. 9.6.2. Canada 9.6.3. Rest of North America 10. Europe Adhesives Market Analysis and Forecast 10.1. Overview and definitions 10.2. Key segment analysis 10.3. Europe Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 10.3.1. Polyurethane 10.3.2. Acrylic 10.3.3. Poly Vinyl Acetate 10.3.4. Polyester 10.3.5. Rubber 10.3.6. Epoxy 10.3.7. EVA 10.3.8. Others 10.4. Europe Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 10.4.1. Water-based adhesive 10.4.2. Solvent based adhesive 10.4.3. Hot melt 10.4.4. Others 10.5. Europe Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 10.5.1. Pressure sensitive tapes 10.5.2. Packaging 10.5.3. Laminates & woodstock 10.5.4. Construction 10.5.5. Automobiles 10.5.6. Footwear 10.5.7. Others 10.6. Europe Adhesives Market Estimates (US$ Mn), Country, 2018 – 2030 10.6.1. Germany 10.6.2. United Kingdom 10.6.3. Belgium 10.6.4. Spain 10.6.5. Rest of Europe 11. Asia Pacific Adhesives Market Analysis and Forecast 11.1. Overview and definitions 11.2. Key segment analysis 11.3. Asia Pacific Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 11.3.1. Polyurethane 11.3.2. Acrylic 11.3.3. Poly Vinyl Acetate 11.3.4. Polyester 11.3.5. Rubber 11.3.6. Epoxy 11.3.7. EVA 11.3.8. Others 11.4. Asia Pacific Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 11.4.1. Water-based adhesive 11.4.2. Solvent based adhesive 11.4.3. Hot melt 11.4.4. Others 11.5. Asia Pacific Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 11.5.1. Pressure sensitive tapes 11.5.2. Packaging 11.5.3. Laminates & woodstock 11.5.4. Construction 11.5.5. Automobiles 11.5.6. Footwear 11.5.7. Others 11.6. Asia Pacific Adhesives Market Estimates (US$ Mn), Country, 2018 – 2030 11.6.1. Japan 11.6.2. India 11.6.3. China 11.6.4. Australia 11.6.5. Rest of Asia Pacific 12. Middle East & Africa Adhesives Market Analysis and Forecast 12.1. Overview and definitions 12.2. Key segment analysis 12.3. Middle East & Africa Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 12.3.1. Polyurethane 12.3.2. Acrylic 12.3.3. Poly Vinyl Acetate 12.3.4. Polyester 12.3.5. Rubber 12.3.6. Epoxy 12.3.7. EVA 12.3.8. Others 12.4. Middle East & Africa Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 12.4.1. Water-based adhesive 12.4.2. Solvent based adhesive 12.4.3. Hot melt 12.4.4. Others 12.5. Middle East & Africa Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 12.5.1. Pressure sensitive tapes 12.5.2. Packaging 12.5.3. Laminates & woodstock 12.5.4. Construction 12.5.5. Automobiles 12.5.6. Footwear 12.5.7. Others 12.6. Middle East & Africa Adhesives Market Estimates (US$ Mn), Country, 2018 – 2030 12.6.1. Saudi Arabia 12.6.2. UAE 12.6.3. Rest of Middle East 13. South America Adhesives Market Analysis and Forecast 13.1. Overview and definitions 13.2. Key segment analysis 13.3. South America Adhesives Market Estimates (US$ Mn), by Product Type, 2018 – 2030 13.3.1. Polyurethane 13.3.2. Acrylic 13.3.3. Poly Vinyl Acetate 13.3.4. Polyester 13.3.5. Rubber 13.3.6. Epoxy 13.3.7. EVA 13.3.8. Others 13.4. South America Adhesives Market Estimates (US$ Mn), by Technology, 2018 – 2030 13.4.1. Water-based adhesive 13.4.2. Solvent based adhesive 13.4.3. Hot melt 13.4.4. Others 13.5. South America Adhesives Market Estimates (US$ Mn), by Application, 2018 – 2030 13.5.1. Pressure sensitive tapes 13.5.2. Packaging 13.5.3. Laminates & woodstock 13.5.4. Construction 13.5.5. Automobiles 13.5.6. Footwear 13.5.7. Others 13.6. South America Adhesives Market Estimates (US$ Mn), Country, 2018 – 2030 13.6.1. Brazil 13.6.2. Rest of South America 14. Competition Analysis – Adhesives Market 14.1. Market Composition 14.2. Market Share Analysis (%), by Supplier (2019) 14.3. Company Profiles 14.3.1. Ashland Inc. 14.3.1.1. Business overview 14.3.1.2. Management 14.3.1.3. Geographic presence 14.3.1.4. Product portfolio 14.3.1.5. Financial facts 14.3.1.6. Channel partners 14.3.1.7. Relevant news and strategic view 14.3.2. Avery Dennison Corporation 14.3.3. BASF SE 14.3.4. Bostik SA 14.3.5. H.B. Fuller 14.3.6. Henkel AG & Company KGaA 14.3.7. Pidilite Industries Limited 14.3.8. Sika AG 14.3.9. The 3M Company 14.3.10. The Dow Chemicals Company 14.3.11. Uniseal Inc. 15. Conclusion & Recommendations
