How has the high performance adhesives market evolved, and where is it heading next?
The high performance adhesives market size has grown strongly in recent years. It will grow from $34.1 billion in 2024 to $35.96 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to increasing manufacturing processes, increasing environmental regulations, automotive industry growth, consumer electronics boom, and increasing focus on building materials.
The high performance adhesives market size is expected to see strong growth in the next few years. It will grow to $43.96 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rising aircraft production, expansion of the medical sector, packaging industry growth, rising consumer awareness, and e-commerce and online retail growth. Major trends in the forecast period include advancements in polymer chemistry, the integration of sensors and smart materials, automation and robotics, the integration of nanotechnology, and digitalization of manufacturing.
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What are the key drivers behind the rapid expansion of the high performance adhesives market?
The increasing transportation industry is expected to propel growth of the high performance adhesives market going forward. The transportation industry encompasses the movement of goods and people via various modes, including road, rail, air, and sea. It plays a critical role in global trade, supply chains, and personal mobility. The transportation industry is rising due to several reasons, including the rise of online shopping, urbanization, population growth, and infrastructure development. High-performance adhesives enhance the transportation industry by reducing vehicle weight and improving durability, leading to better fuel efficiency and lower maintenance costs. For instance, in April 2024, according to the Bureau of Transportation Statistics, a US-based government agency, the total contribution of transportation to GDP rose from 6.3% in 2021 to 6.7% in 2022, with for-hire transportation leading the growth, increasing from 3.2% to 3.5%, while household transportation saw a smaller rise of one percentage point. Therefore, the increasing transportation industry is driving the growth of the high performance adhesives market.
What is the segmentation for the high performance adhesives market?
The high performance adhesivesmarket covered in this report is segmented –
1) By Type: Epoxy, Polyurethane, Acrylic, Silicone, Other Types
2) By Technology: Water-Based, Solvent-Based, Hot Melt, Reactive, Other Technologies
3) By End-Use Industry: Automotive, Electronics, Packaging, Medical, Construction, Aerospace, Other End Use Industries
Subsegments:
1) By Epoxy: Two-Part Epoxy Adhesives, One-Part Epoxy Adhesives, Specialty Epoxy Adhesives
2) By Polyurethane: Moisture-Curing Polyurethane Adhesives, Hot-Melt Polyurethane Adhesives, One-Part Polyurethane Adhesives
3) By Acrylic: Solvent-Based Acrylic Adhesives, Water-Based Acrylic Adhesives, Reactive Acrylic Adhesives
4) By Silicone: Room Temperature Vulcanizing Silicone Adhesives, High-Temperature Silicone Adhesives, Silicone Sealants
5) By Other Types: Cyanoacrylate Adhesives, Anaerobic Adhesives, Thermoplastic Adhesives
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Who are the most influential companies in the high performance adhesives market?
Major companies operating in the high performance adhesives marker are The Dow Chemical Company, 3M Company, Parker-Hannifin Corporation, Sika AG, Avery Dennison Corporation, Huntsman International LLC, H.B. Fuller Company, Pidilite Industries Limited, DELO adhesive, TEX YEAR INDUSTRIES INC., Dymax Corporation, PARSON ADHESIVES INDIA PRIVATE LIMITED, Jowat SE, Super Bond Adhesives Pvt. Ltd., ITW Performance Polymers, Hernon Manufacturing Inc., WEICON GmbH & Co. KG, Permabond Engineering Adhesives Limited, Ester Chemical Industries Pvt. Ltd., Ameri-Cal Corporation
What are the most influential trends expected to drive the high performance adhesives market forward?
Major companies operating in the high performance adhesives market are focusing on developing innovative products, such as waterborne adhesive solutions that simplify the bonding process in footwear manufacturing. Waterborne adhesive solutions are environmentally friendly adhesives that use water as a solvent instead of harmful chemicals. For instance, in September 2024, Covestro AG, a Germany-based polymers and high performance plastics company, launched Dispercoll U and Dispercoll U PLUS for the automotive and footwear industries. These are advanced waterborne polyurethane adhesives specifically designed for athletic footwear and automotive interior sectors. Dispercoll U improves manufacturing efficiency with lower activation temperatures and strong initial tack, while Dispercoll U PLUS offers superior durability and hydrolysis resistance, making it ideal for footwear and automotive interiors requiring heat and climate resilience.
What are the major regional insights for the high performance adhesives market, and which region holds the top position?
Asia-Pacific was the largest region in the high performance adhesives market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the high performance adhesives marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The High Performance Adhesives Market Report 2025 Offer?
The high performance adhesives market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
High-performance adhesives are specialized bonding agents designed to provide superior adhesion, durability, and resistance under extreme conditions. These adhesives can withstand significant stress, temperature variations, moisture, and chemicals, making them suitable for demanding applications in various industries, including aerospace, automotive, construction, and electronics.
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