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Sustainable Adhesives Market By Type (Water-Based, Solvent-Based, Hot Melt, Reactive, Biobased), By End-User Industry (Construction, Furniture, Automotive, Aerospace, Medical, Electrical & Electronics, Textiles), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: CM3838  
|   Chemicals & Material

As per Intent Market Research, the Sustainable Adhesives Market was valued at USD 2.3 billion in 2023 and will surpass USD 3.6 billion by 2030; growing at a CAGR of 6.4% during 2024 - 2030.

The Sustainable Adhesives Market is rapidly evolving as industries increasingly prioritize eco-friendly alternatives to conventional adhesives. Driven by rising environmental concerns, regulatory pressures, and consumer demand for greener products, the market for sustainable adhesives is witnessing significant growth. Sustainable adhesives are formulated from renewable resources, reduce volatile organic compounds (VOCs), and offer the performance characteristics required for various applications across sectors like packaging, construction, automotive, and woodworking.

The sustainable adhesives market can be segmented into various categories, including types (water-based adhesives, bio-based adhesives, solvent-free adhesives), applications (packaging, construction, automotive, woodworking), and geographical regions. Each of these segments is driven by distinct growth dynamics, influenced by innovation in adhesive technologies and evolving consumer preferences. The following sections will explore the largest and fastest-growing subsegments within the sustainable adhesives market.

Sustainable Adhesives Market Size 2030

Water-Based Adhesives Segment is Largest Owing to Versatility and Low VOCs

The Water-Based Adhesives segment stands out as the largest subsegment within the sustainable adhesives market, primarily due to its versatility and low environmental impact. Water-based adhesives are formulated with water as the primary solvent, significantly reducing the release of harmful VOCs into the atmosphere. This characteristic makes them particularly attractive for industries that are subject to stringent environmental regulations, such as packaging and woodworking.

Water-based adhesives are widely used in various applications, including laminating, packaging, and assembling products. Their compatibility with different substrates, including paper, plastics, and metals, adds to their appeal. Additionally, advancements in formulation technologies have enhanced the performance characteristics of water-based adhesives, making them suitable for high-performance applications. As a result, this segment is expected to maintain its leadership in the market, growing at a CAGR of approximately 8.5% from 2024 to 2030, driven by increasing demand for sustainable solutions in diverse applications.

Bio-Based Adhesives Segment is Fastest Growing Owing to Renewable Resources

The Bio-Based Adhesives segment is the fastest-growing category within the sustainable adhesives market, propelled by the increasing focus on renewable resources and reducing dependence on petroleum-based materials. Bio-based adhesives are derived from natural sources, such as starch, proteins, and plant-based polymers, making them an environmentally friendly alternative to conventional adhesives. This segment appeals to industries seeking sustainable options that align with their corporate social responsibility (CSR) goals.

The growth of the bio-based adhesives segment can be attributed to their applications in various industries, including packaging, textiles, and automotive. As companies aim to enhance the sustainability of their products, bio-based adhesives offer a viable solution that meets both performance and environmental criteria. Furthermore, ongoing research and development efforts are enhancing the properties of bio-based adhesives, increasing their adoption in high-performance applications. This segment is projected to grow at an impressive CAGR of approximately 11.0% from 2024 to 2030, reflecting the rising trend toward sustainability and innovation in adhesive technologies.

Packaging Segment is Largest Owing to Increasing Demand for Sustainable Solutions

The Packaging segment emerges as the largest application area within the sustainable adhesives market, driven by the escalating demand for sustainable packaging solutions across various industries. With consumers increasingly seeking environmentally friendly products, manufacturers are under pressure to adopt sustainable practices in their packaging materials. Sustainable adhesives play a crucial role in creating packaging that is not only functional but also minimizes environmental impact.

In the packaging sector, sustainable adhesives are utilized in applications such as carton sealing, label adhesion, and flexible packaging. Their ability to provide strong bonding while maintaining eco-friendly characteristics makes them ideal for this application. As sustainability becomes a core focus for brands, the packaging segment is expected to sustain its dominance in the market, with a projected CAGR of around 9.5% from 2024 to 2030. This growth is supported by regulatory initiatives aimed at reducing plastic waste and promoting sustainable packaging practices.

Construction Segment is Fastest Growing Owing to Green Building Trends

The Construction segment is the fastest-growing application area within the sustainable adhesives market, driven by the rise of green building trends and the need for environmentally responsible construction practices. As the construction industry shifts toward sustainable materials and practices, sustainable adhesives are gaining traction for their eco-friendly attributes and performance reliability.

In the construction sector, sustainable adhesives are employed in applications such as flooring, panel bonding, and insulation. The demand for low-emission adhesives that contribute to healthier indoor air quality is increasing as builders and architects prioritize green certifications and sustainable building materials. The construction segment is projected to grow at a remarkable CAGR of approximately 10.2% from 2024 to 2030, reflecting the industry's commitment to sustainability and the adoption of innovative materials in building projects.

North America Region is Largest Owing to Regulatory Support and Consumer Demand

The North America region emerges as the largest market for sustainable adhesives, driven by strong regulatory support, increasing consumer awareness, and a growing preference for sustainable products. The region has implemented stringent environmental regulations that encourage the use of low-VOC and eco-friendly adhesives across various industries, including packaging, construction, and automotive.

In the United States, the demand for sustainable adhesives is bolstered by consumer trends favoring environmentally responsible products and brands. Additionally, many North American manufacturers are investing in R&D to develop innovative adhesive formulations that meet both performance and sustainability criteria. The North America sustainable adhesives market is expected to continue its dominance, with a projected CAGR of around 8.8% from 2024 to 2030, as industries increasingly prioritize sustainability in their supply chains.

Leading Companies and Competitive Landscape

The sustainable adhesives market features a competitive landscape characterized by several prominent players actively engaged in innovation, research and development, and strategic partnerships. The top ten companies in the sustainable adhesives market include:

  1. Henkel AG & Co. KGaA
  2. BASF SE
  3. 3M Company
  4. Dow Inc.
  5. Sika AG
  6. Ashland Global Holdings Inc.
  7. H.B. Fuller Company
  8. Cargill, Inc.
  9. Cooper Standard Automotive Inc.
  10. Franklin International

These companies are leveraging their expertise in adhesive technologies to develop sustainable solutions that cater to evolving market demands. The competitive landscape is marked by a focus on innovation, with many players investing heavily in research and development to introduce new products and enhance existing technologies. As the demand for sustainable adhesives continues to rise, these leading firms are well-positioned to capture emerging opportunities and drive growth in the market from 2024 to 2030.

Report Objectives:

The report will help you answer some of the most critical questions in the Sustainable Adhesives 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 Sustainable Adhesives Market?
  3. What is the size of the Sustainable Adhesives 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 2.3 billion

Forecasted Value (2030)

USD 3.6 billion

CAGR (2024 – 2030)

6.4%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Sustainable Adhesives Market By Type (Water-Based, Solvent-Based, Hot Melt, Reactive, Biobased), and By End-User Industry (Construction, Furniture, Automotive, Aerospace, Medical, Electrical & Electronics, Textiles)

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

   4.1. Water-Based

   4.2. Solvent-Based

   4.3. Hot Melt

   4.4. Reactive

   4.5. Biobased

   4.6. Others

5. Sustainable Adhesives Market, by End-User Industry (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Construction

   5.2. Furniture

   5.3. Automotive

   5.4. Aerospace

   5.5. Medical

   5.6. Electrical & Electronics

   5.7. Textiles

   5.8. Others

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

   6.1. Regional Overview

   6.2. North America

      6.2.1. Regional Trends & Growth Drivers

      6.2.2. Barriers & Challenges

      6.2.3. Opportunities

      6.2.4. Factor Impact Analysis

      6.2.5. Technology Trends

      6.2.6. North America Sustainable Adhesives Market, by Type

      6.2.7. North America Sustainable Adhesives Market, by End-User Industry

      6.2.8. By Country

         6.2.8.1. US

               6.2.8.1.1. US Sustainable Adhesives Market, by Type

               6.2.8.1.2. US Sustainable Adhesives Market, by End-User Industry

         6.2.8.2. Canada

         6.2.8.3. Mexico

         *Similar segmentation will be provided for each region and country

   6.3. Europe

   6.4. Asia-Pacific

   6.5. Latin America

   6.6. Middle East & Africa

7. Competitive Landscape

   7.1. Overview of the Key Players

   7.2. Competitive Ecosystem

      7.2.1. Level of Fragmentation

      7.2.2. Market Consolidation

      7.2.3. Product Innovation

   7.3. Company Share Analysis

   7.4. Company Benchmarking Matrix

      7.4.1. Strategic Overview

      7.4.2. Product Innovations

   7.5. Start-up Ecosystem

   7.6. Strategic Competitive Insights/ Customer Imperatives

   7.7. ESG Matrix/ Sustainability Matrix

   7.8. Manufacturing Network

      7.8.1. Locations

      7.8.2. Supply Chain and Logistics

      7.8.3. Product Flexibility/Customization

      7.8.4. Digital Transformation and Connectivity

      7.8.5. Environmental and Regulatory Compliance

   7.9. Technology Readiness Level Matrix

   7.10. Technology Maturity Curve

   7.11. Buying Criteria

8. Company Profiles

   8.1. 3M

      8.1.1. Company Overview

      8.1.2. Company Financials

      8.1.3. Product/Service Portfolio

      8.1.4. Recent Developments

      8.1.5. IMR Analysis

     *Similar information will be provided for other companies 

   8.2. Arkema

   8.3. Avery Dennison

   8.4. BASF

   8.5. Dow

   8.6. Evonik

   8.7. H.B. Fuller

   8.8. Henkel

   8.9. Paramelt

   8.10. Sika AG

9. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Sustainable Adhesives 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 Sustainable Adhesives Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Sustainable Adhesives Market

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 Sustainable Adhesives 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 Sustainable Adhesives 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-Sustainable Adhesives Market

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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