Global Bonding Adhesive
Market Report
2024
Bonding adhesive market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Bonding Adhesive Market Report 2024.
According to Cognitive Market Research, the global bonding adhesive market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
Middle East and Africa Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Asia Pacific Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
North America Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Europe Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.5% |
South America Bonding Adhesive Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.4% |
Market Split by Type |
|
Market Split by End Use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Bonding Adhesive industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Bonding Adhesive Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Bonding adhesives, also known as structural adhesives, are substances used to join or bond two or more surfaces together by distributing the load evenly across the joint area. These adhesives are formulated to provide durable and long-lasting bonds in various industrial applications, including automotive, aerospace, construction, and electronics. Typically, bonding adhesives offer excellent strength, flexibility, and resistance to environmental factors such as temperature, moisture, and chemicals. They come in various forms including epoxies, acrylics, cyanoacrylates, and polyurethanes, each tailored to specific bonding requirements. Bonding adhesives provide efficient alternatives to traditional mechanical fastening methods, enhancing productivity and performance in diverse manufacturing processes.
The shift towards lightweight materials is driving sales growth in the bonding adhesive market. Industries such as automotive, aerospace, and electronics are increasingly adopting lightweight materials like composites and aluminium to improve fuel efficiency, enhance performance, and reduce emissions. Bonding adhesives offer a superior alternative to traditional fastening methods for joining lightweight materials, providing strong, durable bonds without adding significant weight. As the demand for lightweight materials continues to rise, so does the need for advanced bonding solutions, positioning the bonding adhesive market for sustained growth opportunities.
In May 2023, Henkel introduces a ground-breaking injectable thermally conductive adhesive tailored for Electric Vehicle (EV) battery systems. The new adhesive, Loctite TLB 9300 APSi, is designed to bond battery cells to modules or cooling systems seamlessly. Featuring a two-component polyurethane composition, it boasts an impressive thermal conductivity of 3 W/mK, coupled with moderate viscosity and self-levelling properties.
Continuous innovations in adhesive formulations and application techniques are pivotal in driving sales growth in the bonding adhesive market. Manufacturers are constantly striving to develop adhesives that offer superior performance characteristics such as enhanced strength, durability, flexibility, and resistance to environmental factors. Furthermore, the development of eco-friendly adhesives, with reduced VOC emissions and improved sustainability profiles, is gaining prominence in response to growing environmental concerns and regulatory pressures. In addition to formulation advancements, innovation in application techniques plays a crucial role in expanding market penetration. Improved dispensing systems, automation, and precision application methods optimize adhesive usage, reduce waste, and enhance production efficiency. Moreover, the introduction of novel bonding technologies, such as UV curing and instant adhesives, offer rapid curing times and increased productivity in various manufacturing processes. Overall, these continuous innovations drive market competitiveness and cater to the evolving needs of industries, consequently boosting sales growth in the bonding adhesive market.
Rising investments in infrastructure development projects globally are serving as a significant catalyst for driving growth in the bonding adhesive market. Governments and private entities alike are allocating substantial funds towards the construction of new infrastructure, including transportation networks, utilities, and buildings, to meet the demands of expanding populations and urbanization. Bonding adhesives play a crucial role in various aspects of infrastructure development, offering reliable bonding solutions for diverse materials such as concrete, steel, glass, and composites. These adhesives contribute to the structural integrity, durability, and longevity of infrastructure projects, ensuring they withstand environmental and usage challenges over time. As infrastructure investments continue to rise, particularly in emerging economies, the demand for bonding adhesives is expected to surge correspondingly. This trend presents lucrative opportunities for manufacturers and suppliers in the bonding adhesive market to capitalize on the growing need for high-performance bonding solutions across infrastructure development projects worldwide.
Substitution threats from alternative joining methods like mechanical fasteners and welding present a notable challenge to the bonding adhesive market. Mechanical fasteners offer a traditional and widely accepted means of joining materials, providing strong and durable connections, especially in load-bearing applications. Similarly, welding offers high-strength bonds suitable for heavy-duty structures and critical components. Despite the advantages of bonding adhesives, such as uniform stress distribution and compatibility with dissimilar materials, their adoption can be hindered by entrenched practices favouring mechanical fasteners or welding. Resistance to change, concerns about reliability, and the perception of higher initial costs associated with adhesives may further contribute to the challenge. To mitigate substitution threats, bonding adhesive manufacturers must emphasize the unique benefits of their products, including enhanced structural integrity, weight reduction, and improved aesthetics, while also addressing performance limitations and cost concerns to remain competitive in the market.
The Covid-19 pandemic inflicted a substantial negative impact on the bonding adhesive market. Disruptions in global supply chains, widespread lockdowns, and decreased industrial activities led to a decline in demand for bonding adhesives across various sectors such as automotive, construction, and electronics. Shutdowns of manufacturing facilities and construction projects resulted in reduced consumption of bonding adhesives, while logistical challenges and transportation restrictions impeded the distribution of products. Moreover, uncertainty surrounding economic conditions prompted many businesses to defer capital expenditures, including investments in adhesive technologies, further dampening market growth. The decline in consumer spending and investment in end-use industries exacerbated the downturn, highlighting the vulnerability of the bonding adhesive market to external shocks and economic fluctuations. Recovery efforts are underway, but the lingering effects of the pandemic continue to pose challenges for market participants.
We have various report editions of Bonding Adhesive Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The competitive landscape of the bonding adhesive market is characterized by intense rivalry among players vying for market share. Key strategies include product innovation, mergers, acquisitions, and partnerships to expand product portfolios, enhance distribution networks, and gain a competitive edge in diverse industrial sectors.
Top Companies Market Share in Bonding Adhesive Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Bonding Adhesive Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bonding Adhesive Industry growth. Bonding Adhesive market has been segmented with the help of its Type, End Use , and others. Bonding Adhesive market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, polyurethane glass bonding adhesives held the major market share over the forecast period due to their exceptional strength, durability, and versatility across multiple industries. The demand is further propelled by the automotive sector's preference for lightweight materials and stringent safety standards, where polyurethane adhesives offer superior bonding performance. Additionally, increasing construction activities and the adoption of energy-efficient building materials contribute to the steady growth of polyurethane glass bonding adhesives in the market.
UV curable glass bonding adhesives is the fastest-growing category over the forecast period attributed to their quick curing properties, which enhance production efficiency and reduce assembly time. The electronics industry, in particular, demands fast and precise bonding solutions for delicate components, driving the adoption of UV curable adhesives. Additionally, the environmental benefits of UV curing, such as lower energy consumption and reduced emissions, align with sustainability initiatives, further boosting the market growth of UV curable glass bonding adhesives.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bonding Adhesive Industry. Request a Free Sample PDF!
According to Cognitive Market Research, building & construction hold a prominent market share owing to increasing urbanization, infrastructure development, and renovation activities worldwide. Bonding adhesives play a crucial role in modern construction practices, offering efficient bonding solutions for various materials like glass, concrete, and metals. Moreover, the growing demand for energy-efficient and sustainable buildings drives the adoption of bonding adhesives in insulation, cladding, and façade applications, further propelling sales in the building & construction sector.
Automotive & transportation is the fastest-growing category over the forecast period due to several factors. Firstly, the trend towards light weighting in the automotive industry fuels the demand for bonding adhesives as they offer weight reduction benefits over traditional joining methods. Additionally, stringent regulations for vehicle emissions drive the adoption of bonding adhesives to reduce vehicle weight and improve fuel efficiency. Furthermore, increasing consumer demand for advanced safety features and aesthetic designs in vehicles boosts the use of bonding adhesives for assembling various components.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Bonding Adhesive market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to a mature industrial sector, significant investments in R&D, and a robust infrastructure, driving demand for bonding adhesives across various end-use industries. Additionally, stringent regulations promoting the use of environmentally friendly adhesives contribute to market growth. The region's strong manufacturing base, particularly in automotive and aerospace sectors, further propels sales. Moreover, increasing construction activities and a growing focus on energy-efficient buildings bolster market expansion.
The Asia-Pacific is the fastest growing region fuelled by rapid industrialization, urbanization, and infrastructural development. Increasing automotive production, especially in countries like China and India, drives demand for bonding adhesives in vehicle assembly. Moreover, the expanding electronics industry, coupled with rising consumer demand for electronic devices, boosts adhesive sales. Furthermore, growing investments in construction projects, driven by urban migration and government initiatives, contribute to market growth in the region.
The current report Scope analyzes Bonding Adhesive Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Bonding adhesive market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The bonding adhesive market in the Middle East and Africa (MEA) is poised for growth due to increasing construction activities, driven by urbanization and infrastructure development projects. Additionally, the region's expanding automotive and electronics sectors will contribute to adhesive sales. Moreover, investments in renewable energy projects, such as solar panel installations, will further boost market demand. In MEA, the fastest-growing segment is expected to be epoxy glass bonding adhesives, offering high strength and durability, suitable for diverse applications in construction and industrial assembly.
According to Cognitive Market Research, the global bonding adhesive market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. Sales of bonding adhesives in Asia Pacific are expected to surge due to rapid industrialization and infrastructure development in emerging economies like China and India. The electronics sector, driven by rising consumer demand for electronic devices, will fuel adhesive sales for component assembly. Furthermore, the automotive industry's expansion, coupled with increasing investments in construction projects, will drive market growth. In Asia Pacific, the fastest-growing segment is UV curable glass bonding adhesives, as they offer quick curing times and cater to the region's high-volume manufacturing needs.
According to Cognitive Market Research, the global bonding adhesive market size was estimated at USD XX Million out of which North America held the major market of around 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. Sales of bonding adhesives in North America are set to increase due to robust growth in the automotive sector, driven by demand for lightweight materials and fuel-efficient vehicles. Additionally, the construction industry's recovery post-pandemic is expected to bolster adhesive sales, particularly in infrastructure projects. Moreover, the region's emphasis on sustainability and energy efficiency in building designs will drive adoption of eco-friendly bonding solutions. Within North America, polyurethane glass bonding adhesives are poised for significant growth, owing to their superior strength and versatility, making them ideal for a wide range of applications in automotive and construction sectors.
Country Analysis
According to Cognitive Market Research, with a market value of USD XX million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD XX million. The bonding adhesive market in Europe is poised for growth due to increasing investments in renewable energy projects, driving demand for adhesives in wind turbine assembly. Additionally, the automotive industry's shift towards electric vehicles and advanced lightweight materials will further propel adhesive sales. Moreover, stringent environmental regulations favouring low VOC adhesives will drive market penetration. In Europe, UV curable glass bonding adhesives are expected to witness significant growth, as they offer rapid curing times and environmental benefits, aligning with the region's sustainability goals.
According to Cognitive Market Research, the global bonding adhesive market size was estimated at USD XX Million out of which Latin America market of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. Bonding adhesive sales in Latin America are projected to increase due to growing investments in infrastructure projects, particularly in Brazil and Argentina. The automotive sector's recovery post-pandemic and the increasing adoption of renewable energy solutions will drive demand for bonding adhesives. Moreover, the region's expanding aerospace industry presents opportunities for adhesive manufacturers. In Latin America, polyurethane glass bonding adhesives are expected to witness significant growth, owing to their versatility and strong performance, meeting the demands of various industrial applications.
Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
I am a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis, I thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making. My analytical mindset, coupled with effective communication skills, allows me to bridge the gap between data analysis and practical business applications.
I served as a key player in market research and competitive analysis. I have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. Collaborating across departments, I played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives. I am committed to ongoing professional development, participating in industry conferences, workshops, and pursuing additional certifications to stay at the forefront of research methodologies.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | UV Curable Bonding Adhesives, Epoxy Bonding Adhesives, Cyanoacrylate Bonding Adhesives, Polyurethane Bonding Adhesives, Silicone Bonding Adhesives, Other Bonding Adhesives |
End Use | Building & Construction, Automotive & Transportation, Electrical & Electronics, Healthcare, Industrial Assembly, Woodworking, Other |
List of Competitors | Henkel, H B Fuller Company, Ashland, Dymax Corporation, 3M Company, Permabond Engineering Adhesives, Dow Chemical Company, Bohle Group, KIWO, ThreeBond Holdings, Sika |
This chapter will help you gain GLOBAL Market Analysis of Bonding Adhesive. Further deep in this chapter, you will be able to review Global Bonding Adhesive Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Bonding Adhesive Market Trends North America Bonding Adhesive Technological Road Map North America Bonding Adhesive Market Drivers North America Bonding Adhesive Market Restraints North America Bonding Adhesive Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Bonding Adhesive market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why UV Curable Bonding Adhesives have a significant impact on Bonding Adhesive market? |
What are the key factors affecting the UV Curable Bonding Adhesives and Epoxy Bonding Adhesives of Bonding Adhesive Market? |
What is the CAGR/Growth Rate of Building & Construction during the forecast period? |
By type, which segment accounted for largest share of the global Bonding Adhesive Market? |
Which region is expected to dominate the global Bonding Adhesive Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Bonding Adhesive Market
Request Sample