Structural Adhesives Market Size, Share Report, Analysis, Trends, Growth 2032

Structural Adhesives Market: Industry Perspective

The global Structural Adhesives market size accrued earnings worth approximately USD 20.86 Billion in 2023 and is predicted to gain revenue of about USD 35.54 Billion by 2032, is set to record a CAGR of nearly 6.10% over the period from 2024 to 2032.

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Structural adhesives are used below their glass transition temperature. The glass transition temperature indicates the temperature vicinity where the amorphous portion of polymer changes from hard material to the soft material. Structural adhesives are often termed as “load-bearing” adhesives, owing to their ability to withstand several potentially weakening and destructive agents that they are subjected to. The structural adhesives can even undergo vibration and shock temperature excursions, and still, remain bonded.

Structural Adhesives Market Growth Dynamics

The growth of the construction industry across the globe is likely to be the major factor driving the global structural adhesives market growth in the future. The rising construction activities and the increasing number of infrastructural re-development projects in several regions are anticipated to further fuel the structural adhesives market expansion in the upcoming years. Moreover, the demand for lightweight cars is also expected to boost the demand for structural adhesives. The increasing production of lightweight electric vehicles is expected to boost the demand for structural adhesives in the years ahead. However, stringent regulation imposed by various governments across the world on the manufacturing and usage of structural adhesives might restrain the structural adhesives market on a global in the future. Characteristically, many adhesives differ from each other and exhibit different properties.

Recently, there has been a huge demand for non-hazardous and green structural adhesives with low or no ecological footprint, which, in turn, is expected to provide new growth avenues for the key players operating in the global structural adhesives market.

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The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, product, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.

Structural Adhesives Market: Report Scope

Structural Adhesives Market Segmentation Analysis

The study provides a decisive view of the structural adhesives market by segmenting the market based on product type, application, and region.

By product type, the global structural adhesives market includes epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. By application, this global market is segmented into automotive, marine, energy, transportation, aerospace, building and construction, electronic components and others.

The regional segmentation of the global structural adhesives market includes North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific region was the largest market for structural adhesives in the year 2023, both in terms of both revenue and volume. The North American structural adhesives market is expected to witness a substantial rate of growth over the forecast time period, owing to the region’s flourishing huge construction industry, as it is a major consumer of structural adhesives.

Some key players operating in the global structural adhesives market include Henkel AG & Co. KGaA, Sika AG, 3M, The Dow Chemical Company, Huntsman International LLC, Illinois Tool Works Inc., Bostik, H.B. Fuller, Ashland, Lord Corporation, and Mapei S.P.A., among others.

This report segments the global structural adhesives market into:

Global Structural Adhesives Market: Product Type Analysis

• Epoxy
• Polyurethane
• Acrylic
• Methyl Methacrylate
• Cyanoacrylate
• Others

Global Structural Adhesives Market: Application Analysis

• Automotive
• Marine
• Energy
• Transportation
• Aerospace
• Building and Construction
• Electronic Components
• Others

Global Structural Adhesives Market: Regional Analysis

• • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa