Global Solvent-Based Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Acrylic, Epoxy, Polyurethane, Polyester, Alkyl, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), and Others.

By Application;

Appliance, Automotive, Architectural, Marine, Packaging, Wood, and General Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn534756716 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Solvent-Based Adhesives Market (USD Million), 2021 - 2031

In the year 2024, the Global Solvent-Based Adhesives Market was valued at USD 6,688.44 million. The size of this market is expected to increase to USD 8,801.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The Global Solvent-Based Adhesives Market is experiencing significant growth driven by increasing demand across various industries such as automotive, construction, packaging, electronics, and textiles. Solvent-based adhesives are a type of adhesive where solvents, such as toluene, acetone, or other chemicals, are used to dissolve or disperse the adhesive resins, allowing the adhesive to flow smoothly and bond materials effectively. These adhesives offer strong bonding properties, excellent durability, and the ability to bond a wide range of materials, including metals, plastics, paper, and textiles, which makes them highly versatile for numerous applications. As industries continue to evolve, the market for solvent-based adhesives is expanding, fueled by both technological advancements and growing consumer needs for efficient bonding solutions.

The solvent-based adhesives market is heavily influenced by the need for improved bonding strength, flexibility, and fast-drying times. They are commonly used in applications that require high-performance bonding capabilities, such as in the automotive sector for assembly processes and in packaging for creating durable, tamper-resistant products. The ability of solvent-based adhesives to provide strong initial tack and long-lasting bonds makes them indispensable for tasks like assembling automotive parts, packaging goods, and adhering sensitive components in electronics. Furthermore, these adhesives are used in a wide range of other applications, including footwear manufacturing, construction for wall coverings, and furniture assembly, making the market diverse and multifaceted.

The market for solvent-based adhesives faces some challenges, particularly related to environmental concerns. The solvents used in these adhesives can be volatile organic compounds (VOCs), which contribute to air pollution and are harmful to human health. As a result, governments and regulatory bodies in various regions have implemented stricter regulations on the use of solvents in adhesives, pushing for the development of low-VOC or VOC-free alternatives. This shift towards more sustainable and eco-friendly adhesive solutions is one of the primary drivers behind the growth of water-based and hot-melt adhesives. Nevertheless, solvent-based adhesives continue to hold a strong position in the market due to their cost-effectiveness, ease of use, and superior bonding properties.

Geographically, the Global Solvent-Based Adhesives Market is experiencing strong demand in regions such as North America, Europe, and Asia-Pacific, each with unique market dynamics. North America and Europe, with their highly developed manufacturing sectors, continue to be major markets for solvent-based adhesives, particularly in automotive, packaging, and electronics applications. Meanwhile, Asia-Pacific is witnessing rapid industrialization, increasing construction activities, and a burgeoning automotive sector, contributing to significant market growth in the region. As global supply chains evolve, demand for solvent-based adhesives is expected to continue rising, with the market likely to see innovations in product formulations, focusing on minimizing

  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 Application
    3. Market Snapshot, By Region
  4. Global Solvent-Based Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Automotive & Packaging Sectors
        2. Strong Bonding Properties & Durability
        3. Versatility Across Multiple Applications
      2. Restraints
        1. Environmental Concerns (VOC Emissions)
        2. Stringent Regulatory Restrictions
        3. Health Hazards Associated with Solvent Exposure
      3. Opportunities
        1. Development of Low-VOC or VOC-Free Adhesives
        2. Growth in Emerging Markets (Asia-Pacific)
        3. Advancements in Sustainable and Green Adhesives
    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. Global Solvent-Based Adhesives Market, By Type, 2021 - 2031 (USD Million)
      1. Acrylic
      2. Epoxy
      3. Polyurethane
      4. Polyester
      5. Alkyl
      6. Polyvinylidene Chloride (PVDC)
      7. Polyvinylidene Fluoride (PVDF)
      8. Other
    2. Global Solvent-Based Adhesives Market, By Application, 2021 - 2031 (USD Million)
      1. Appliance
      2. Automotive
      3. Architectural
      4. Marine
      5. Packaging
      6. Wood
      7. General Industrial
    3. Global Solvent-Based 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. Alfa International Corporation
      3. Arkema Group
      4. Ashland Inc.
      5. Avery Dennison Corporation
      6. Everad Adhesives SAS
      7. DuPont de Nemours Inc.
      8. H.B. Fuller Company
      9. Henkel AG & Co. KGaA
      10. Huntsman Corporation
  7. Analyst Views
  8. Future Outlook of the Market