Structural Adhesives Market Size – By Type (Urethane, Epoxy, Acrylic, Cyanoacrylic, Polyurethane (PU), Methacrylate and Others), By Technology (Water-Based, Solvent-Based, Hot Melt and Others), By End-Use Industry (Automotive, Aerospace, Building & Construction, Electronics & Electricals, Wind Energy, Marine and Others) & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-18
- NO OF PAGES
- 305
- CATEGORY
- Chemicals & Materials
Market Overview
The Structural Adhesives market report is predicted to develop at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2034, when global Structural Adhesives market forecast size is projected to reach USD 39.84 Billion in 2034, based on an average growth pattern. The global Structural Adhesives market revenue is estimated to reach a value of USD 23.78 Billion in 2024.
SOURCE: We Market Research
The global
structural adhesives market is experiencing steady growth, driven by rising
demand across various industries, including automotive, aerospace,
construction, wind energy, and electronics. Structural adhesives are
high-strength bonding agents used to create load-bearing joints, providing
significant advantages over mechanical fastening methods such as welding,
riveting, or bolting. Key attributes like lightweighting, durability, and
flexibility make them a preferred choice for applications where strength and
stability are critical.
The Global
Structural Adhesives Market refers to the segment of the adhesives industry
focused on products used to create strong, permanent bonds between structural
elements, offering high load-bearing capabilities. Structural adhesives are
formulated to provide excellent strength, durability, and resistance to various
environmental factors, such as moisture, chemicals, and extreme temperatures.
Global Structural Adhesives Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 23.78 Billion |
|
Market
Forecast in 2034 |
USD 39.84 Billion |
|
CAGR % 2024-2034 |
5.8% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Product Type,
By Technology, By End-Use Industry and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Structural Adhesives Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Structural Adhesives market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Structural Adhesives Market Segmentation
Market- By Product Type Analysis
By Product type, the Structural Adhesives market analysis is categories into Urethane, Epoxy, Acrylic, Cyanoacrylic, Polyurethane (PU), Methacrylate and Others. Epoxy segment dominates the market with the largest share, accounting for over 35% of the market in 2023. The demand for epoxy-based structural adhesives is driven by their use in critical applications, particularly in the aerospace and automotive industries, where safety and durability are paramount. The rise in electric vehicle (EV) adoption and lightweighting in the automotive sector is contributing to this trend. Epoxy adhesives are widely used due to their superior bonding strength, resistance to heat, moisture, and chemicals, and excellent mechanical properties. They are particularly preferred in high-stress environments and applications requiring strong, durable bonds.
The
following segments are part of an in-depth analysis of the global Structural
Adhesives market:
|
Market Segments |
|
|
By Type |
·
Urethane ·
Epoxy ·
Acrylic ·
Cyanoacrylic ·
Polyurethane (PU) ·
Methacrylate ·
Others |
|
By Technology |
·
Water-Based ·
Solvent-Based ·
Hot Melt ·
Others |
|
By End-Use
Industry |
·
Automotive ·
Aerospace ·
Building & Construction ·
Electronics & Electricals ·
Wind Energy ·
Marine ·
Others |
Structural Adhesives Industry: Regional Analysis
North America Market Forecast
North America, particularly the U.S., is a major hub for automotive manufacturing, especially with the rise of electric vehicles (EVs) and lightweighting initiatives. Structural adhesives are critical in bonding composite materials, reducing vehicle weight, and enhancing safety features. The U.S. and Canada have seen significant investments in infrastructure development, including the use of advanced adhesives in prefabricated building materials, energy-efficient construction, and green building certifications like LEED.
Europe Market Statistics
Europe is home
to major automotive and aerospace manufacturers such as BMW, Volkswagen,
Airbus, and Boeing’s European division. Structural adhesives are critical for
lightweighting, improving fuel efficiency, and increasing the durability of
components. Europe has strict environmental regulations (e.g., the European
Union’s REACH regulation) that drive the demand for eco-friendly adhesives,
including low-VOC and bio-based solutions. There is also a strong demand for
advanced adhesives in construction, especially in the prefabrication and
renovation sectors, where adhesives are used for bonding various materials such
as glass, metals, and composites.
Asia Pacific Market Forecasts
Asia Pacific is
the largest market for Structural Adhesives accounting for around 40% of the
market share. The APAC region will continue to dominate the global structural
adhesives market due to its massive industrial base, fast-growing automotive
and construction sectors, and the increasing trend of green and sustainable
building practices. Asia-Pacific is the largest and fastest-growing market for
structural adhesives due to the rapid pace of industrialization, urbanization,
and infrastructure development. Countries like China, India, and Japan are
seeing major growth in construction, automotive, and electronics manufacturing.
APAC, particularly China and Japan, is a key region for automotive and
electronics manufacturing. The increasing demand for lightweight and
energy-efficient vehicles, as well as advanced electronics, is driving the
demand for high-performance adhesives.
Middle East & Africa Market Statistics
The Middle East,
particularly the Gulf Cooperation Council (GCC) countries, is witnessing a boom
in construction, with large-scale infrastructure projects like smart cities,
bridges, and commercial developments. Structural adhesives are increasingly
used in prefabricated materials and the construction of high-rise buildings.
Latin America Market Statistics
The demand for
structural adhesives in Latin America is growing due to an expanding automotive
industry and increasing infrastructure projects, particularly in Brazil and
Mexico. These countries are seeing more adoption of adhesives for
lightweighting and bonding materials in the automotive and construction
sectors. As countries in Latin America continue to develop their
infrastructure, there will be greater adoption of advanced adhesives for
various applications, including energy-efficient buildings and renewable energy
projects.
Key Market Players
The Global Structural Adhesives Market is dominated by
a few large companies, such as
·
Henkel AG & Co. KGaA
·
3M Company
·
Sika AG
·
H.B. Fuller
·
Arkema Group (Bostik)
·
Dow Inc.
·
Huntsman Corporation
·
Ashland Global Holdings Inc.
·
Lord Corporation (Parker Hannifin)
·
Scott Bader Company Ltd.
·
Permabond LLC
·
ITW Performance Polymers
·
Mapei S.p.A
·
Dymax Corporation
· DELO Industrial Adhesives
1.
Global
Structural Adhesives Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Structural Adhesives
Market Scope and Market Estimation
1.2.1. Global Structural Adhesives Overall
Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global Structural Adhesives
Market Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019
- 2034
1.3. Market Segmentation
1.3.1. Product Type of Global Structural
Adhesives Market
1.3.2. Technology of Global Structural
Adhesives Market
1.3.3. End-Use Industry of Global Structural
Adhesives Market
1.3.4. Region of Global Structural
Adhesives Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Limitations
2.5.3. Opportunities
2.5.4. Impact Analysis of Drivers and
Restraints
2.6. Key Developments
2.7. Porter’s Five Forces Analysis
2.7.1. Bargaining Power of Suppliers
2.7.2. Bargaining Power of Buyers
2.7.3. Threat of Substitutes
2.7.4. Threat of New Entrants
2.7.5. Competitive Rivalry
2.8. PEST Analysis
2.8.1. Political Factors
2.8.2. Economic Factors
2.8.3. Social Factors
2.8.4. Technology Factors
2.9. Key Regulation
3.
Global Structural Adhesives
Market Estimates & Historical Trend
Analysis (2019 - 2023)
4. Global
Structural Adhesives Market Estimates &
Forecast Trend Analysis, by Product Type
4.1. Global Structural Adhesives
Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecast, by Product Type,
2019 - 2034
4.1.1. Urethane
4.1.2. Epoxy
4.1.3. Acrylic
4.1.4. Cyanoacrylic
4.1.5. Polyurethane (PU)
4.1.6. Methacrylate
4.1.7. Others
5. Global
Structural Adhesives Market Estimates &
Forecast Trend Analysis, by Technology
5.1. Global Structural Adhesives
Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Technology,
2019 - 2034
5.1.1. Water-Based
5.1.2. Solvent-Based
5.1.3. Hot Melt
5.1.4. Others
6. Global
Structural Adhesives Market Estimates &
Forecast Trend Analysis, by End-Use Industry
6.1. Global Structural Adhesives
Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by End-Use
Industry, 2019 - 2034
6.1.1. Automotive
6.1.2. Aerospace
6.1.3. Building & Construction
6.1.4. Electronics & Electricals
6.1.5. Wind Energy
6.1.6. Marine
6.1.7. Others
7.
Global Structural Adhesives
Market Estimates & Forecast Trend
Analysis, by Region
7.1. Global Structural Adhesives
Market Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019
- 2034
7.1.1. North America
7.1.2. Eastern Europe
7.1.3. Western Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Structural Adhesives Market: Estimates & Forecast Trend Analysis
8.1.
North
America Structural Adhesives Market Assessments & Key Findings
8.1.1. North America Structural
Adhesives Market Introduction
8.1.2. North America Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
8.1.2.1. By Product Type
8.1.2.2. By Technology
8.1.2.3. By End-Use Industry
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Structural Adhesives Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Structural
Adhesives Market Assessments & Key Findings
9.1.1. Western Europe Structural
Adhesives Market Introduction
9.1.2. Western Europe Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
9.1.2.1. By Product Type
9.1.2.2. By Technology
9.1.2.3. By End-Use Industry
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Structural
Adhesives Market: Estimates &
Forecast Trend Analysis
10.1. Eastern Europe Structural
Adhesives Market Assessments & Key Findings
10.1.1. Eastern Europe Structural
Adhesives Market Introduction
10.1.2. Eastern Europe Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
10.1.2.1. By Product Type
10.1.2.2. By Technology
10.1.2.3. By End-Use Industry
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Structural
Adhesives Market: Estimates & Forecast
Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Structural
Adhesives Market Introduction
11.1.2. Asia Pacific Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
11.1.2.1. By Product Type
11.1.2.2. By Technology
11.1.2.3. By End-Use Industry
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Structural
Adhesives Market: Estimates &
Forecast Trend Analysis
12.1. Middle East & Africa Market Assessments
& Key Findings
12.1.1. Middle
East & Africa Structural
Adhesives Market Introduction
12.1.2. Middle
East & Africa Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
12.1.2.1. By Product Type
12.1.2.2. By Technology
12.1.2.3. By End-Use Industry
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Structural Adhesives Market: Estimates
& Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Structural
Adhesives Market Introduction
13.1.2. Latin America Structural
Adhesives Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
13.1.2.1. By Product Type
13.1.2.2. By Technology
13.1.2.3. By End-Use Industry
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Structural Adhesives
Market Product Mapping
15.2. Global Structural Adhesives Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Structural Adhesives
Market Tier Structure Analysis
15.4. Global Structural Adhesives
Market Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. Henkel AG
& Co. KGaA
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
Similar details would be provided
for all the players mentioned below
16.2. 3M Company
16.3. Sika AG
16.4. H.B. Fuller
16.5. Arkema Group
(Bostik)
16.6. Dow Inc.
16.7. Huntsman
Corporation
16.8. Ashland Global
Holdings Inc.
16.9. Lord
Corporation (Parker Hannifin)
16.10. Scott Bader
Company Ltd.
16.11. Permabond LLC
16.12. ITW
Performance Polymers
16.13. Mapei S.p.A
16.14. Dymax
Corporation
16.15. DELO
Industrial Adhesives
16.16. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research
Findings & Conclusion
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Frequently Asked Questions
What is the market size of Structural Adhesives Market in 2024?
Structural Adhesives Market was valued at USD 23.78 Billion in 2024.
What is the growth rate for the Structural Adhesives Market?
Structural Adhesives Market size will increase at approximate CAGR of 5.8% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Henkel AG & Co. KGaA, 3M Company, Sika AG, H.B. Fuller, Arkema Group, Dow Inc., Huntsman Corporation, Ashland Global Holdings Inc., Lord Corporation, Scott Bader Company Ltd., Permabond LLC, ITW Performance Polymers, and others.
Which region dominates the Structural Adhesives Market?
Asia Pacific dominates the market with an active share of 40%.
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