Adhesives Market

By Type;

Water-Based, Solvent-Based, Hot-Melt-Based, and Reactive & Others

By Function;

Structural and Non-structural

By Application;

Packaging, Construction, Laminates, Woodstock and Furnishing, Automobile, Footwear, and Others

By Product Type;

Acrylic, PVA, Polyurethanes, Styrenic Block, Epoxy, and EVA

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn111565615 Published Date: August, 2025

Adhesives Market Overview

Adhesives Market (USD Million)

Adhesives Market was valued at USD 71,869.85 million in the year 2024. The size of this market is expected to increase to USD 99,787.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


Adhesives Market

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 71,869.85 Million
Market Size (2031)USD 99,787.40 Million
Market ConcentrationHigh
Report Pages342
71,869.85
2024
99,787.40
2031

Major Players

  • 3M Company
  • Henkel AG & Co. KGaA
  • Sika AG
  • Bostik (Arkema Group)
  • H.B. Fuller Company
  • ITW (Illinois Tool Works Inc.)
  • Lord Corporation
  • Ashland Global Holdings Inc.
  • Avery Dennison Corporation
  • Permatex Inc. (ITW)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Adhesives Market

Fragmented - Highly competitive market without dominant players


The Adhesives Market has emerged as a crucial industry, providing solutions for bonding diverse materials across various sectors. This market is driven by rising demand for lightweight and durable bonding solutions that enhance product performance. With over 40% of applications tied to construction, packaging, and automotive, adhesives serve as a cornerstone for innovation and efficiency in manufacturing.

Growth Drivers and Demand
A significant factor fueling this industry is the increasing use of adhesives in packaging, which alone contributes to more than 35% of overall demand. The shift toward sustainable and high-performance packaging has accelerated the adoption of adhesive technologies. Additionally, industries are focusing on reducing material weight, with adhesives enabling stronger, lighter alternatives compared to traditional fastening methods.

Technological Advancements
The adhesives market is also influenced by rapid advancements in formulation technologies, with bio-based and hybrid adhesives gaining traction. Over 25% of the recent innovations are linked to environmentally friendly compositions. These advancements are reshaping performance standards, focusing on strength, flexibility, and resistance to extreme conditions while also aligning with sustainability goals.

Industrial Applications
The adoption of adhesives has expanded significantly, with industrial applications accounting for nearly 50% of the market share. Their versatility ensures usage across multiple end-use industries, from electronics to consumer goods. As manufacturers seek improved efficiency, adhesives provide a cost-effective solution by reducing production times and enhancing overall performance.

Future Outlook
The adhesives market is expected to witness robust expansion, with growth momentum exceeding 30% in the past few years. This trajectory is fueled by consistent innovation, rising demand across industries, and a strong focus on sustainability. As businesses continue to shift toward adhesive-based solutions, the market is positioned as a critical enabler of modern manufacturing and product development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Function
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing construction activities
        2. Increased automotive production
        3. Rising consumer electronics demand
        4. Technological advancements in adhesives
        5. Expansion in emerging markets
      2. Restraints
        1. Volatile raw material prices
        2. Stringent regulatory requirements
        3. Environmental concerns and restrictions
        4. High production costs
        5. Competition from substitutes
      3. Opportunities
        1. Eco-friendly adhesive innovations
        2. Growth in renewable energy sector
        3. Expanding packaging industry
        4. Increasing DIY market trends
        5. Advanced adhesive technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Adhesives Market, By Type, 2021 - 2031 (USD Million)
      1. Water-Based
      2. Solvent-Based
      3. Hot-Melt-Based
      4. Reactive & Others
    2. Adhesives Market, By Function, 2021 - 2031 (USD Million)

      1. Structural

      2. Non-structural

    3. Adhesives Market, By Product Type, 2021 - 2031 (USD Million)
      1. Acrylic
      2. PVA
      3. Polyurethanes
      4. Styrenic Block
      5. Epoxy
      6. EVA
    4. Adhesives Market, By Application, 2021 - 2031 (USD Million)
      1. Packaging
      2. Construction
      3. Laminates, Woodstock and Furnishing
      4. Automobile
      5. Footwear
      6. Others
    5. Adhesives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. Henkel AG & Co. KGaA
      3. Sika AG
      4. Bostik (Arkema Group)
      5. H.B. Fuller Company
      6. ITW (Illinois Tool Works Inc.)
      7. Lord Corporation
      8. Ashland Global Holdings Inc.
      9. Avery Dennison Corporation
      10. Permatex Inc. (ITW)
  7. Analyst Views
  8. Future Outlook of the Market