Acrylic Adhesives Market
By Type;
Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic and UV Curable AcrylicBy Technology;
Water-Based, Solvent-Based, Reactive and OthersBy Application;
Paper & Packaging, Construction, Transportation, Medical, Consumer, Woodworking, Electronics and OthersBy End User;
Aerospace, Automotive, Footwear & Leather and HealthcareBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Acrylic Adhesives Market Overview
Acrylic Adhesives Market (USD Million)
Acrylic Adhesives Market was valued at USD 12,793.31 million in the year 2024. The size of this market is expected to increase to USD 19,109.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.
Acrylic Adhesives Market
*Market size in USD million
CAGR 5.9 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.9 % |
Market Size (2024) | USD 12,793.31 Million |
Market Size (2031) | USD 19,109.74 Million |
Market Concentration | Medium |
Report Pages | 310 |
Major Players
- 3M
- AVERY DENNISON CORPORATION
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Sika AG
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Acrylic Adhesives Market
Fragmented - Highly competitive market without dominant players
The acrylic adhesives market is gaining substantial traction due to its high adaptability across various applications. Known for strong bonding capabilities, UV resistance, and versatility, demand has grown by over 14% in sectors such as packaging and automotive. Quick curing properties and multi-surface adhesion make these adhesives a key industrial material.
Innovations Driving Market Trends
Technological innovations are reinforcing market growth, especially through UV-curable and water-based acrylic adhesives, which have surged by around 11%. These developments offer enhanced performance and reduced environmental impact. As industries shift towards higher efficiency and sustainability, advanced acrylic adhesives are seeing broader acceptance.
Widening Application in Key Sectors
Adoption of acrylic adhesives is expanding in high-growth areas such as construction, electronics, and healthcare. The electronics sector alone has witnessed a 13% rise in usage due to these adhesives’ superior insulation properties and compatibility with intricate assemblies, supporting precise and stable component bonding.
Rising Competitive Developments
The market’s competitive edge is sharpening, as new product launches and strategic collaborations grow by over 10%. Major companies are focusing on cost-efficient and high-performance adhesives to stay ahead. These strategies are expected to further optimize product quality while expanding end-use flexibility.
Acrylic Adhesives Market Recent Developments
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In May 2024, H.B. Fuller acquired ND Industries, integrating its Vibra‑Tite adhesive brand and U.S.–Asia facilities into Fuller’s engineering adhesives unit to boost high‑margin growth segments.
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In December 2024, H.B. Fuller restructured its operations by launching the Building Adhesive Solutions (BAS) unit—divesting its Flooring business to refocus on architectural and infrastructure markets.
Acrylic Adhesives Market Segment Analysis
In this report, the Acrylic Adhesives Market has been segmented by Technology, Type, Application, End user, and Geography.
Acrylic Adhesives Market, Segmentation by Technology
The Acrylic Adhesives Market has been segmented by Technology into Water-Based Acrylic Adhesives, Solvent-Based Acrylic Adhesives, and Reactive & Other Acrylic Adhesives.
Water-Based Acrylic Adhesives
Water-based acrylic adhesives dominate the acrylic adhesives market, holding approximately 50% of total consumption. These adhesives are favored for their low VOC emissions, environmental friendliness, and excellent adhesion to a variety of substrates in packaging, labels, and tapes.
Solvent-Based Acrylic Adhesives
Solvent-based acrylic adhesives account for around 30% of the market. Known for their high bond strength and resistance to environmental factors, these adhesives are used in automotive, construction, and industrial applications.
Reactive & Other Acrylic Adhesives
Reactive and other acrylic adhesives represent approximately 20% of the market. This category includes UV-curable and anaerobic adhesives used in electronics, medical devices, and precision assembly applications requiring fast curing and high strength.
Acrylic Adhesives Market, Segmentation by Type
The Acrylic Adhesives Market has been segmented by Type into Acrylic Polymer Emulsion, Cyanoacrylic Adhesives, Methacrylic Adhesives and UV Curable Acrylic Adhesives.
Acrylic Polymer Emulsion
Acrylic polymer emulsion adhesives hold approximately 40% of the acrylic adhesives market. These water-based adhesives are favored for their low VOC emissions, flexibility, and excellent bonding properties, making them popular in packaging, labels, and construction materials.
Cyanoacrylic Adhesives
Cyanoacrylic adhesives represent around 25% of the market. Known for their rapid bonding and high strength, they are widely used in electronics, medical devices, and precision assembly where fast curing is essential.
Methacrylic Adhesives
Methacrylic adhesives account for approximately 20% of the market. These adhesives are valued for their high impact resistance, chemical stability, and excellent adhesion in automotive and aerospace applications.
UV Curable Acrylic Adhesives
UV curable acrylic adhesives make up the remaining 15% of the market. They offer instant curing upon exposure to UV light, providing high strength and clarity in applications like electronics assembly, medical devices, and optical products.
Acrylic Adhesives Market, Segmentation by Application
The Acrylic Adhesives Market has been segmented by Application into Paper & Packaging, Construction, Woodworking, Transportation, Electrical & Electronics, Consumer, Medical, and Other Applications.
Paper & Packaging
Paper and packaging account for approximately 30% of the acrylic adhesives market. These adhesives provide strong bonds and environmental resistance, making them ideal for labels, tapes, and carton sealing applications.
Construction
Construction applications represent around 20% of the market. Acrylic adhesives are used in sealants, flooring, and wall panels for their durability and weather resistance.
Woodworking
Woodworking holds nearly 10% of market demand. These adhesives provide strong bonds and flexibility for use in furniture manufacturing and wood assembly applications.
Transportation
Transportation contributes about 15% of the market. Acrylic adhesives offer vibration resistance and durability, making them suitable for automotive components, railway assembly, and aerospace parts.
Electrical & Electronics
Electrical and electronics account for approximately 10% of the market. Acrylic adhesives are used in PCB assembly, displays, and connectors due to their conductivity and reliability.
Consumer
Consumer applications represent about 5% of the market. Acrylic adhesives are used in household items, DIY products, and craft applications for their ease of use and versatility.
Medical
Medical applications hold around 5% of the market. Acrylic adhesives are preferred in wound dressings, medical tapes, and device assembly for their biocompatibility and skin-friendly properties.
Other Applications
The others category, including uses in signage, textiles, and specialty bonding, makes up the remaining 5% of the market. These adhesives offer unique performance attributes for niche applications.
Acrylic Adhesives Market, Segmentation by End User
The Acrylic Adhesives Market has been segmented by End User into Aerospace, Automotive, Footwear & Leather, and Healthcare.
Aerospace
Aerospace accounts for approximately 25% of the acrylic adhesives market. These adhesives provide high strength, temperature resistance, and lightweight bonding solutions critical for aircraft assembly and interior components.
Automotive
Automotive applications represent around 35% of the market. Acrylic adhesives offer durability, vibration resistance, and strong bonding for use in automotive body panels, trim, and interior assemblies.
Footwear & Leather
Footwear and leather contribute approximately 20% of market demand. These adhesives provide flexibility, moisture resistance, and strong adhesion for shoe manufacturing and leather goods.
Healthcare
Healthcare holds about 20% of the market. Acrylic adhesives are widely used in medical tapes, bandages, and device assembly due to their biocompatibility and gentle adhesion to skin.
Acrylic Adhesives Market, Segmentation by Geography
In this report, the Acrylic Adhesives Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Acrylic Adhesives Market Share (%), by Geographical Region
North America
North America accounts for approximately 30% of the acrylic adhesives market. The region benefits from a strong presence of automotive, aerospace, and medical device industries, driving demand for high-performance acrylic adhesives.
Europe
Europe holds around 25% of the market share. Emphasis on innovation and sustainability supports the adoption of eco-friendly acrylic adhesives in packaging, construction, and automotive applications.
Asia Pacific
Asia Pacific dominates the global market with nearly 35% of total revenue. Rapid industrialization, growing automotive production, and expanding electronic device manufacturing in countries like China, India, and Japan fuel demand for acrylic adhesives.
Middle East and Africa
Middle East and Africa contribute about 5% of market share. The region is witnessing growth in construction, packaging, and automotive sectors, driving the use of acrylic adhesives.
Latin America
Latin America holds the remaining 5% of the market. Increasing investments in infrastructure and rising demand in consumer goods and automotive industries are boosting the consumption of acrylic adhesives in the region.
Acrylic Adhesives Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Acrylic Adhesives Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising demand in construction and automotive
- Advancements in adhesive bonding technologies
- Superior performance over traditional fasteners
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Growth in lightweight composite material usage - The growing use of lightweight composite materials in key industries such as automotive, construction, aerospace, and electronics is significantly fueling demand for acrylic adhesives. These materials require bonding solutions that offer both structural integrity and flexibility, which acrylic adhesives provide with superior performance. As industries continue to move toward lightweighting strategies to reduce emissions and improve efficiency, acrylic adhesives are becoming essential.
In the automotive sector, the shift away from traditional fasteners like screws and rivets toward structural adhesives is strengthening market penetration. Acrylic adhesives offer excellent adhesion to a wide variety of substrates, including plastics and composites, making them ideal for modern vehicle designs. Their quick curing time and high strength make them suitable for high-volume production environments.
In construction, the adoption of prefabricated building components and sustainable architectural materials has further propelled the use of these adhesives. Their resistance to temperature and weathering, combined with their versatility, enhances their utility in exterior and interior applications. Acrylic adhesives also help in meeting green building standards by enabling more efficient material use.
As product innovation continues to evolve, acrylic adhesives are finding applications in increasingly complex assemblies. Their compatibility with high-performance materials used in electric vehicles, medical devices, and advanced electronics will continue to reinforce demand. This trend positions them as an indispensable solution in high-tech, future-focused sectors.
Restraints
- Volatile raw material costs and availability
- Limited performance under extreme temperature
- Environmental concerns over solvent-based adhesives
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Stringent regulations on VOC emissions - Stringent regulations on Volatile Organic Compound (VOC) emissions are posing significant challenges for manufacturers of solvent-based acrylic adhesives. Environmental agencies in Europe, North America, and parts of Asia are implementing more rigorous limits on chemical emissions during production and application processes. These regulations are increasing compliance costs and restricting the use of certain chemical formulations.
The growing global focus on environmental sustainability is prompting a shift toward low-VOC or VOC-free adhesives, which are still under technological development. This puts pressure on manufacturers to invest in R&D and reformulation efforts, thereby increasing operational complexity. Smaller players may find it difficult to adapt, leading to reduced competitiveness or market exits.
Regulatory barriers often vary by country, complicating global trade and product distribution. Exporting to markets with more aggressive regulatory frameworks may require relabeling, retesting, or reformulating existing products, which can delay market entry and increase time-to-market. These compliance burdens negatively affect profit margins and limit innovation pace.
While some companies are shifting toward water-based or bio-based solutions, these alternatives may not always match the strength, durability, or heat resistance of traditional solvent-based acrylic adhesives. As a result, manufacturers face the dual challenge of ensuring compliance while maintaining product performance—a barrier that could slow broader adoption.
Opportunities
- Expansion in electric vehicle manufacturing
- Increasing demand in medical device assembly
- R&D in bio-based acrylic adhesives
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Adoption in high-performance aerospace applications - The aerospace industry presents a growing opportunity for high-performance acrylic adhesives, especially as aircraft designs become more reliant on lightweight composite components. These adhesives offer exceptional bonding strength, fatigue resistance, and temperature stability, making them ideal for joining materials like carbon fiber, aluminum, and specialty plastics used in structural and interior applications.
Increasing investments in commercial and defense aviation, particularly in emerging economies, are fueling demand for advanced adhesive solutions. Governments are funding the expansion of domestic aerospace capabilities, and companies are adopting modular construction and component assembly methods, both of which benefit from acrylic adhesives’ flexibility and durability.
The growth of the space exploration and satellite manufacturing markets is also expanding the potential application scope for these adhesives. They can replace mechanical fasteners in certain non-load-bearing structures, reducing weight and improving performance. Additionally, their UV resistance and minimal outgassing properties make them suitable for high-altitude and vacuum conditions.
As sustainability becomes more important in aerospace, the ability of acrylic adhesives to bond eco-friendly composite materials positions them as an essential enabler of next-generation aerospace design. Their use aligns with broader industry goals such as fuel efficiency, weight reduction, and emissions control, paving the way for long-term market growth.
Acrylic Adhesives Market Competitive Landscape Analysis
Key players in Acrylic Adhesives Market include:
- The Dow Chemical Company
- Henkel AG & Co. KGaA
- H.B. Fuller Company
- 3M Company
- Avery Dennison Corporation
- Sika AG
- Bostik (Arkema)
- Illinois Tool Works Inc.
- Pidilite Industries
- DuPont
- Ashland Inc.
- Nitto Denko
- Franklin International
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Acrylic Adhesives Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising demand in construction and automotive
- Advancements in adhesive bonding technologies
- Superior performance over traditional fasteners
- Growth in lightweight composite material usage
- Restraints
- Volatile raw material costs and availability
- Limited performance under extreme temperature
- Environmental concerns over solvent-based adhesives
- Stringent regulations on VOC emissions
- Opportunities
- Expansion in electric vehicle manufacturing
- Increasing demand in medical device assembly
- R&D in bio-based acrylic adhesives
- Adoption in high-performance aerospace application
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Acrylic Adhesives Market, By Type, 2021 - 2031 (USD Million)
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Acrylic Polymer Emulsion
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Cyanoacrylic
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Methacrylic
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UV Curable Acrylic
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- Acrylic Adhesives Market, By Technology, 2021 - 2031 (USD Million)
- Water-based
- Solvent-based
- Reactive
- Others
- Acrylic Adhesives Market, By Application, 2021 - 2031 (USD Million)
- Paper & Packaging
- Construction
- Transportation
- Medical
- Consumer
- Woodworking
- Electronics
- Others
- Acrylic Adhesives Market, By End User, 2021 - 2031 (USD Million)
- Aerospace
- Automotive
- Footwear & Leather
- Healthcare
- Acrylic Adhesives Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- The Dow Chemical Company
- Henkel AG & Co. KGaA
- H.B. Fuller Company
- 3M Company
- Avery Dennison Corporation
- Sika AG
- Bostik (Arkema)
- Illinois Tool Works Inc.
- Pidilite Industries
- DuPont
- Ashland Inc.
- Nitto Denko
- Franklin International
- Company Profiles
- Analyst Views
- Future Outlook of the Market