Adhesives & Sealants Market By Product Type (Adhesives, Sealants), By Technology Type (Water-Based Adhesives & Sealants, Solvent-Based Adhesives & Sealants, Hot-Melt Adhesives, Reactive Adhesives, Pressure-Sensitive Adhesives), By End User (Building & Construction, Automotive, Electronics, Wood & Furniture, Aerospace, Medical Devices, Consumer Products), and By Region; Global Insights & Forecast (2024 – 2030)

Published: January, 2025  
|   Report ID: CM3803  
|   Chemicals and Material

As per Intent Market Research, the Adhesives & Sealants Market was valued at USD 73.3 billion in 2023             and will surpass USD 91.8 billion by 2030; growing at a CAGR of 3.3% during 2024 - 2030.

The market is characterized by a significant shift toward water-based, low-VOC (volatile organic compounds), and bio-based adhesives and sealants, aligning with both regulatory pressures and consumer demand for eco-friendly products. Innovations in adhesive formulations, along with increased applications in emerging markets such as Asia Pacific and Latin America, are expected to further propel the market during the forecast period. The ongoing trend toward automation and technological advancements, such as the introduction of smart adhesives, will also drive future growth..

Construction Segment is Largest Owing to Increasing Infrastructure Development

The construction segment remains the largest subsegment within the adhesives and sealants market, accounting for a significant portion of total demand. This can be attributed to the increasing focus on infrastructure development, particularly in emerging economies, alongside a rise in renovation activities in developed markets. Adhesives and sealants are crucial for various applications in the construction sector, such as flooring, roofing, insulation, and window and door installation. Their use ensures better bonding, energy efficiency, and long-term durability, making them indispensable for modern construction projects.

With the surge in building projects across residential, commercial, and industrial sectors, the demand for adhesives and sealants has surged. Additionally, the growing preference for green construction materials, combined with regulatory push for low-VOC and non-toxic adhesives, has increased the adoption of eco-friendly sealants and adhesives in construction applications. As the demand for energy-efficient buildings and sustainable construction materials rises, the construction segment is expected to maintain its dominant position in the market, contributing significantly to the market’s growth during the forecast period.

Automotive Segment is Fastest Growing Owing to Lightweighting Trends and Electric Vehicle Production

The automotive segment is the fastest growing subsegment within the adhesives and sealants market, driven by the increasing demand for lightweight vehicles and the rise in electric vehicle (EV) production. Adhesives and sealants play a crucial role in automotive manufacturing, offering solutions for bonding materials such as metals, plastics, composites, and glass. They are used in vehicle assembly, including for structural bonding, noise, vibration, and harshness (NVH) control, and in enhancing fuel efficiency by reducing vehicle weight.

The trend towards electric vehicles, which require lightweight and durable materials, has significantly boosted the demand for adhesives and sealants. Moreover, automotive manufacturers are increasingly relying on adhesives for components that require complex bonding, such as battery packs, electric motors, and interior fittings. As the global automotive industry moves towards more sustainable and energy-efficient designs, the automotive adhesives and sealants market is expected to grow rapidly, driven by advancements in material science and automotive manufacturing technologies. This trend is further accelerated by stricter emission regulations and the growing adoption of EVs, which require innovative sealing and bonding solutions.

Packaging Segment is Largest Owing to Expanding E-commerce and Consumer Goods Demand

The packaging segment is another key area where adhesives and sealants are widely used, owing to the booming e-commerce industry and increasing demand for consumer goods. Adhesives are essential in packaging for creating secure, reliable bonds in cardboard boxes, plastic containers, and labels, while sealants are used in various forms of packaging to provide moisture resistance, tamper-evidence, and durability. With the global expansion of online shopping, especially post-pandemic, packaging demand has surged, increasing the requirement for high-quality adhesives and sealants to ensure packaging safety and performance.

Adhesives are also a critical component in producing flexible packaging materials that ensure product protection and extend shelf life, making them essential for the food and beverage industry. The demand for eco-friendly and recyclable packaging solutions has further propelled the growth of this segment, as both manufacturers and consumers are focusing on sustainability. Innovations such as the development of biodegradable adhesives and sustainable sealing technologies are driving the packaging subsegment forward. As the global economy continues to recover and consumer demand grows, packaging remains a key growth driver for the adhesives and sealants market.

Asia Pacific Region is Fastest Growing Owing to Industrialization and Urbanization

The Asia Pacific region is expected to be the fastest growing region in the adhesives and sealants market, fueled by rapid industrialization, urbanization, and the increasing demand for construction materials. As the region becomes a manufacturing hub for various industries, including automotive, electronics, and consumer goods, the demand for adhesives and sealants in production processes has grown significantly. Additionally, with large-scale infrastructure projects taking place in countries like China, India, and Southeast Asia, the construction sector continues to thrive, further increasing the demand for adhesives and sealants in the region.

The growing e-commerce sector and the expanding middle class in countries like China and India have also increased the demand for packaging solutions, driving further adoption of adhesives and sealants. The shift towards eco-friendly and sustainable products in the region is also contributing to the market’s growth, with manufacturers focusing on low-VOC and bio-based formulations. As urban populations increase and infrastructure development accelerates, the Asia Pacific region will continue to lead the charge in the global adhesives and sealants market, offering substantial growth opportunities in the coming years.

North America Region is Largest Owing to Established Automotive and Construction Industries

The North American region remains the largest market for adhesives and sealants, driven by its well-established automotive and construction industries. The U.S., in particular, accounts for a large share of the market, with strong demand from both the automotive sector and the ongoing expansion in the construction industry. The push for sustainability in building materials and the automotive industry's focus on lightweighting and electric vehicles have been key factors boosting market growth in the region.

Additionally, North America is a leader in the adoption of advanced technologies, such as smart adhesives and sustainable formulations, further driving market growth. The region is also home to several key players in the adhesives and sealants market, and manufacturers continue to invest in R&D to innovate and meet evolving consumer demands. As the North American market embraces green solutions and eco-conscious production practices, it is expected to maintain its position as the largest regional market for adhesives and sealants.

Leading Companies and Competitive Landscape

The Adhesives & Sealants Market is highly competitive, with several major players contributing to its growth and development. Some of the leading companies in the market include Henkel AG & Co. KGaA, BASF SE, 3M Company, Sika AG, The Dow Chemical Company, and H.B. Fuller Company. These companies are focusing on expanding their product portfolios, increasing production capacity, and establishing strategic partnerships to maintain their market dominance. Many key players are also investing heavily in R&D to develop high-performance, sustainable, and eco-friendly adhesives and sealants to meet the growing demand for environmentally responsible products.

The market is also seeing increased consolidation, with companies pursuing mergers, acquisitions, and joint ventures to strengthen their market presence and tap into emerging markets. As the demand for sustainable products continues to rise, leading companies are expected to focus on bio-based and water-based solutions, which align with global sustainability trends and stringent environmental regulations. Innovation in smart adhesives, as well as the development of new adhesive technologies for specialized applications, will continue to shape the competitive landscape in the coming years.

Adhesives & Sealants Market Size

Report Objectives:

The report will help you answer some of the most critical questions in the Adhesives & Sealants Market. A few of them are as follows:

  1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
  2. What are the prevailing technology trends in the Adhesives & Sealants Market?
  3. What is the size of the Adhesives & Sealants Market based on segments, sub-segments, and regions?
  4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
  5. What are the market opportunities for stakeholders after analyzing key market trends?
  6. Who are the leading market players and what are their market share and core competencies?
  7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
  8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope:

Report Features

Description

Market Size (2023)

USD 73.3 billion

Forecasted Value (2030)

USD 91.8 billion

CAGR (2024 – 2030)

3.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Adhesives & Sealants Market By Product Type (Adhesives, Sealants), By Technology Type (Water-Based Adhesives & Sealants, Solvent-Based Adhesives & Sealants, Hot-Melt Adhesives, Reactive Adhesives, Pressure-Sensitive Adhesives), and By End User (Building & Construction, Automotive, Electronics, Wood & Furniture, Aerospace, Medical Devices, Consumer Products)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3.Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Adhesives & Sealants Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Adhesives

      4.1.1. Acrylics

      4.1.2. Polyurethanes

      4.1.3. Epoxies

      4.1.4. Silicone

      4.1.5. Polyvinyl Acetate (PVA)

      4.1.6. Hot Melt Adhesives

      4.1.7. Others

   4.2. Sealants

      4.2.1. Silicone Sealants

      4.2.2. Polyurethane Sealants

      4.2.3. Acrylic Sealants

      4.2.4. Butyl Sealants

      4.2.5. Others

5. Adhesives & Sealants Market, by Technology Type (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Water-Based Adhesives & Sealants

   5.2. Solvent-Based Adhesives & Sealants

   5.3. Hot-Melt Adhesives

   5.4. Reactive Adhesives

   5.5. Pressure-Sensitive Adhesives

   5.6. Others

6. Adhesives & Sealants Market, by End User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Building & Construction

   6.2. Automotive

   6.3. Electronics

   6.4. Wood & Furniture

   6.5. Aerospace

   6.6. Medical Devices

   6.7. Consumer Products

   6.8. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Adhesives & Sealants Market, by Product Type

      7.2.7. North America Adhesives & Sealants Market, by Technology

      7.2.8. North America Adhesives & Sealants Market, by End User

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Adhesives & Sealants Market, by Product Type

               7.2.9.1.2. US Adhesives & Sealants Market, by Technology

               7.2.9.1.3. US Adhesives & Sealants Market, by End User

         7.2.9.2. Canada

         7.2.9.3. Mexico

         *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. 3M

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

     *Similar information will be provided for other companies 

   9.2. Arkema

   9.3. Ashland

   9.4. Avery Dennison

   9.5. BASF

   9.6. Dow

   9.7. Eastman

   9.8. H.B. Fuller

   9.9. Henkel

   9.10. Huntsman

   9.11. ITW Performance Polymer

   9.12. Momentive

   9.13. Sika AG

   9.14. Wacker Chemie

   9.15. Weber Beam

10. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Adhesives & Sealants Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Adhesives & Sealants Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Adhesives & Sealants ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Adhesives & Sealants Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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