Global Industrial Adhesives Market Size to Reach USD 76.87 Billion in 2030

The global industrial adhesives market size was USD 43.98 Billion in 2021 and is expected to register a revenue CAGR of 6.4% over the forecast period, according to the latest report by Reports and Data.

The construction and automotive industries are witnessing a surge in demand for industrial adhesives, leading to significant growth in market revenue. Adhesives play a crucial role in ensuring good adherence, improved performance, and easier application of both conventional and newly designed construction materials. Adhesives are used for a variety of building materials including concrete, plastics, glass, and others. Non-structural adhesives are also used to attach decorative materials such as wall and floor coverings, panels, fibers, and particle boards. This trend is fueling the market revenue growth.

Structural adhesives are essential for bonding various materials such as glass, concrete, ceramic tiles, masonry, construction panels, exterior doors, and metal parts to concrete. These adhesives provide high tensile shear strengths ranging from 5 MPa to 8 MPa, which is driving the growth of the market revenue.

The increasing demand for environmentally-friendly adhesives is fueling market revenue growth, mainly due to their lower cost compared to synthetic adhesives, reduced emissions of solvents, and ease of recyclability.

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Some major companies profiled in the global market report include 3M, Foster Polymer Distribution, H.B. Fuller Company, Henkel Adhesives Technologies India Private Limited, PARKER HANNIFIN CORP, Wacker Chemie AG, Pidilite Industries Ltd, Huntsman International LLC, Dow, and Solvay.

Some Key Highlights from the Report

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For the purpose of this report, Reports and Data has segmented the global industrial adhesives market on the basis of Composition Outlook, Material Outlook, Type Outlook, End-Use Outlook, and Regional Outlook:

Composition Outlook (Revenue, USD Billion; 2021-2030)

Type Outlook (Revenue, USD Billion; 2021-2030)

End-Use Outlook (Revenue, USD Billion; 2021-2030)

Regional Outlook (Revenue, USD Billion; 2019-2030)

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