Market Forecast by formulating technology (water-based, solvent-based, hot melt, reactive and others), by Application (automotive and transportation, paper and packaging, leather and footwear, medical devices and others) and by Regions (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) and Competitive Landscape
Product Code: ETC037271 | Publication Date: Dec 2020 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Adhesives and Sealants Market |
Report Category | Global |
Forecast period | 2025-2031 |
Forecast Size | USD 110 billion by 2031 |
CAGR | 5.7% |
Growing Sector | Construction and Manufacturing |
The Adhesives and Sealants Market report thoroughly covers the market by Regions, Formulation Technology, Application and Resin Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Adhesives and Sealants Market Size is projected to witness significant growth from 2025 to 2031, driven by advancements in the construction, automotive, and packaging industries. The market is estimated to reach a valuation of USD 110 billion by 2031, growing at a robust compound annual growth rate (CAGR) of 5.7% during the forecast period. Demand for innovative, eco-friendly, and durable adhesive solutions is a key factor contributing to the Adhesives and Sealants Market Growth, especially in emerging economies. Increased use of adhesives and sealants in new technologies, including electric vehicles and smart building materials, further fuels this upward trend. This growth is aligned with the global shift towards sustainable solutions, making the market a promising space for future investments and development.
The adhesives and sealants market is experiencing robust growth, driven by advancements in technology and a rising demand across various industries such as automotive, construction, and packaging. This market is characterized by its versatility, offering solutions tailored for a wide range of applications. The global Adhesives and Sealants Industry is further bolstered by increasing awareness of eco-friendly and sustainable bonding solutions, aligning with industry-wide efforts toward environmental sustainability. Innovations in adhesive formulations, such as water-based and solvent-free products, are also propelling the industry forward. With a focus on durability, efficiency, and environmental compliance, the market continues to adapt to the evolving needs of modern manufacturing and infrastructure development, paving the way for new applications and opportunities.
According to 6Wresearch, the Adhesives and Sealants Market revenue is expected to grow at a significant CAGR of 5.7% during the forecast period 2025-2031. The growth of the Adhesives and Sealants Market is primarily driven by increasing demand across diverse industries, including construction, automotive, and packaging. Factors such as the growing trend of lightweight materials in automotive manufacturing, rapid urbanization, and the rise of green building initiatives are contributing to the industry's expansion. Innovations in product formulations, such as solvent-free and bio-based adhesives, further support this growth, aligning with environmental regulations and sustainability goals.
However, challenges like fluctuating raw material prices and stringent regulatory compliance can hinder market momentum. Additionally, intense competition among key players continues to pressure pricing and product differentiation. Despite these obstacles, the Adhesives and sealants market size is poised to grow, fueled by advancements in technology and rising investments in R&D. The increasing adoption of adhesives and sealants in emerging economies offers significant opportunities, as these regions transition toward industrialization and modern infrastructure development. The industry's future remains bright, shaped by innovation and evolving consumer demands.
The Adhesives and Sealants Market continues to evolve, driven by various emerging trends that shape its growth and applications.
The Adhesives and sealants market continues to grow rapidly, driven by increasing demand across diverse industries such as construction, automotive, and packaging. Strategic investments in this sector present lucrative opportunities for businesses and stakeholders. Key areas of focus include-
The adhesives and sealants market is populated by several key players driving innovation and sustaining market growth. These companies contribute significantly to the rising Adhesives and sealants market revenue, leveraging advanced technologies and expanding applications.
Government regulations play a pivotal role in shaping the Adhesives and Sealants industry, as manufacturers must adhere to stringent standards regarding safety, environmental impact, and chemical compositions. Regulations often focus on limiting volatile organic compound (VOC) emissions, ensuring product safety, and promoting the use of sustainable materials. For instance, many governments worldwide are encouraging the shift towards bio-based adhesives to minimize environmental harm. Additionally, regional differences in regulatory frameworks can influence market dynamics, with stricter policies in regions like Europe and North America driving innovation and compliance efforts. These regulations not only aim to protect public health and the environment but also foster advancements in product development, pushing the industry to adopt greener, more efficient solutions. By navigating these regulations effectively, the industry continues to grow while aligning with global sustainability goals.
Adhesives and Sealants Market size is expected to witness substantial growth driven by advancements in technology and increasing demand across various sectors such as construction, automotive, and packaging. The push for sustainable solutions is likely to spur the development of eco-friendly, bio-based adhesives and low-VOC formulations, aligning with global environmental goals. Emerging economies in regions like Asia-Pacific are anticipated to play a significant role in market expansion, thanks to rapid industrialization and urbanization. Additionally, ongoing research into high-performance materials and innovative application methods is set to create new opportunities in specialized industries, including aerospace and electronics. With a focus on efficiency and sustainability, the market is poised to thrive, delivering products that meet stringent regulations and cater to evolving consumer needs.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, Asia-Pacific is predicted to lead the adhesives and sealants market due to rapid industrialization and urbanization across key economies such as China, India, and Southeast Asian countries. The region benefits from extensive infrastructure development, robust automotive production, and expanding manufacturing sectors, driving consistent demand for adhesives and sealants.
Water-based formulations are set to dominate the market owing to their low volatile organic compound (VOC) emissions, aligning with rising environmental and regulatory standards. Their versatility and ease of application make them ideal for a range of industries, including packaging, woodworking, and construction.
The building and construction sector will remain the largest contributor to adhesive and sealant consumption due to their critical role in projects like insulation, waterproofing, and structural bonding. The ongoing growth in residential and commercial construction projects, along with smart city initiatives, continues to fuel demand.
Polyurethane adhesives and sealants maintain their leadership within the resin-type segment, offering exceptional flexibility, durability, and resistance to harsh environmental conditions. Their increasing adoption of bio-based and sustainable solutions further strengthens their prominence in diverse industries.
The market report has been segmented and sub segmented into the following categories:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Adhesives and Sealants Market Overview |
3.1. Global Adhesives and Sealants Market Revenues, 2021-2031F |
3.2. Global Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
3.3. Global Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
3.5. Global Adhesives and Sealants Market Revenue Share, By Regions, 2021 & 2031F |
3.6. Global Adhesives and Sealants Market Industry Life Cycle |
3.7. Global Adhesives and Sealants Market- Porter’s Five Forces |
4. Global Adhesives and Sealants Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Adhesives and Sealants Market Trends |
6. Global Adhesives and Sealants Market Overview, By Formulating technology |
6.1. Global Adhesives and Sealants Market Revenues, By Water-based, 2021-2031F |
6.2. Global Adhesives and Sealants Market Revenues, By Solvent-based, 2021-2031F |
6.3. Global Adhesives and Sealants Market Revenues, By Hot Melt, 2021-2031F |
6.4. Global Adhesives and Sealants Market Revenues, By Reactive, 2021-2031F |
6.5. Global Adhesives and Sealants Market Revenues, By Others, 2021-2031F |
7. Global Adhesives and Sealants Market Overview, By Applications |
7.1. Global Adhesives and Sealants Market Revenues, By Automotive and Transportation, 2021-2031F |
7.2. Global Adhesives and Sealants Market Revenues, By Medical Devices, 2021-2031F |
7.3. Global Adhesives and Sealants Market Revenues, By Leather and Footwear, 2021-2031F |
7.4. Global Adhesives and Sealants Market Revenues, By Paper and Packaging, 2021-2031F |
7.5. Global Adhesives and Sealants Market Revenues, By Others, 2021-2031F |
8. Asia Pacific Adhesives and Sealants Market Overview |
8.1. Asia Pacific Adhesives and Sealants Market Revenues, 2021-2031F |
8.2. Asia Pacific Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
8.3. Asia Pacific Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
8.4. Asia Pacific Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
9. North America Adhesives and Sealants Market Overview |
9.1. North America Adhesives and Sealants Market Revenues, 2021-2031F |
9.2. North America Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
9.3. North America Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
9.4. North America Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
10. Latin America Adhesives and Sealants Market Overview |
10.1. Latin America Adhesives and Sealants Market Revenues, 2021-2031F |
10.2. Latin America Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
10.3. Latin America Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
10.4. Latin America Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
11. Europe Adhesives and Sealants Market Overview |
11.1. Europe Adhesives and Sealants Market Revenues, 2021-2031F |
11.2. Europe Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
11.3. Europe Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
11.4. Europe Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
12. Middle East Adhesives and Sealants Market Overview |
12.1. Middle East Adhesives and Sealants Market Revenues, 2021-2031F |
12.2. Middle East Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
12.3. Middle East Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
12.4. Middle East Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
13. Africa Adhesives and Sealants Market Overview |
13.1. Africa Adhesives and Sealants Market Revenues, 2021-2031F |
13.2. Africa Adhesives and Sealants Market Revenue Share, By Formulating technology, 2021 & 2031F |
13.3. Africa Adhesives and Sealants Market Revenue Share, By Applications, 2021 & 2031F |
13.4. Africa Adhesives and Sealants Market Revenue Share, By Countries, 2021 & 2031F |
14. Global Adhesives and Sealants Market Competitive Landscape |
14.1. Global Adhesives and Sealants Market, By Companies, 2024 |
14.2. Asia Pacific Adhesives and Sealants Market, By Companies, 2024 |
14.3. North America Adhesives and Sealants Market, By Companies, 2024 |
14.4. Latin America Adhesives and Sealants Market, By Companies, 2024 |
14.5. Europe Adhesives and Sealants Market, By Companies, 2024 |
14.7. Middle East Adhesives and Sealants Market, By Companies, 2024 |
14.8. Africa Adhesives and Sealants Market, By Companies, 2024 |
15. Company Profiles |
16. Key Strategic Recommendations |