The adhesives market size is projected to reach US$ 53.49 billion by 2031 from US$ 38.14 billion in 2024. The market is expected to register a CAGR of 5.1% during 2025-2031.
Adhesives have gained significant attention in the global market due to their growing demand from various end-use industries.
Adhesives are substances used to bond two or more surfaces together, providing structural integrity, flexibility, or sealing depending on the application. They can be formulated from natural or synthetic materials, including polymers such as epoxy, polyurethane, acrylic, and silicone, each offering unique properties like thermal stability, chemical resistance, or rapid curing. Adhesives are widely used across industries, including automotive, aerospace, construction, electronics, medical, packaging, and consumer goods, due to their ability to replace mechanical fasteners, reduce weight, and enhance product performance.
The growth of the adhesives market is driven by multiple factors. Rapid industrialization and urbanization, particularly in Asia Pacific, increase demand in the automotive, construction, and packaging sectors. Advancements in adhesive technologies, such as high-performance, eco-friendly, and bio-based formulations, are expanding applications and attracting environmentally conscious consumers. The trend toward lightweight and energy-efficient products in the automotive and aerospace industries further boosts adhesive use.
The development of bio-based adhesives represents a growing market opportunity as industries increasingly prioritize sustainability and seek alternatives to conventional petrochemical-derived formulations. Bio-based adhesives are derived from renewable resources such as lignin, starch, cellulose, soy proteins, and other natural polymers, providing reduced carbon footprints and improved environmental compatibility. Demand is particularly emerging in packaging, construction, and consumer goods sectors, where regulatory frameworks and corporate sustainability goals encourage the substitution of synthetic adhesives with renewable alternatives.
Bio-based adhesives offer potential advantages in terms of biodegradability, lower toxicity, and reduced VOC emissions, aligning with evolving consumer preferences for green and safer products. Continuous research and innovation are also driving the development of high-performance bio-adhesives capable of achieving bonding strength, thermal stability, and moisture resistance comparable to traditional synthetic adhesives.
Industrial adoption is being facilitated by advancements in formulation techniques, such as enzymatic modification, crosslinking strategies, and hybrid blends with small proportions of synthetic components to enhance durability. The convergence of regulatory pressures, sustainability initiatives, and advancements in renewable chemistry is expanding opportunities for manufacturers to introduce differentiated bio-based adhesives that meet both environmental objectives and performance expectations. As industries seek to reduce reliance on fossil resources, bio-based adhesives are increasingly positioned as a viable and scalable alternative within the broader adhesives market.
Some of the key players operating in the adhesives market include Dow Inc., 3M Co., Henkel AG & Co KGaA, Sika AG, Huntsman International LLC, HB Fuller Co, Parker Hannifin Corporation, Dymax Corp, Astro Chemical Co Inc, and Wacker Chemie AG. Players operating in the adhesives market focus on providing innovative products at affordable prices to fulfill customer demand.
Primary and secondary sources have derived the overall adhesives market size. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the adhesives market.