Adhesives Sealants Market Size

Adhesives Sealants Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

In the coming years, the market for glues and sealants will grow steadily. In 2024, it is estimated to be worth $60.29 billion, and by 2035 it will be worth $85 billion. The annual average growth rate from 2025 to 2035 is 2.87%. There are several reasons for this growth. The main one is the rising demand from the construction, automobile and packaging industries for more advanced bonding solutions. In addition, the growing use of sustainable and eco-friendly glues and sealants will also shape the market, as manufacturers respond to increasingly strict regulations and the desire for greener products. Also driving the market are the technological developments, especially the development of high-performance glues and sealants. Nanotechnology is being used to increase the performance and versatility of products. Smart adhesives, which are responsive to the environment, are being developed. The main players, such as Henkel, 3M and Sika, are strengthening their market position by forming strategic alliances and launching new products. All this points to a positive outlook for the market in the coming years.

Regional Market Size

Regional Deep Dive

The Adhesives and Sealants Market is experiencing a dynamic growth across various regions, driven by increasing demand from end-use industries such as construction, automobile, and packaging. The North American market is characterized by a strong focus on innovation and sustainability. Companies in this region are focusing on developing eco-friendly products. The European market is characterized by a strong regulatory framework, which encourages the use of high-performance sealants. The Asia-Pacific region is experiencing rapid urbanization and industrialization, which is driving the demand for these products. Middle East and Africa is experiencing a rise in demand for sealants due to the development of the construction industry. Latin America is gradually adopting new sealant technology, which is influenced by the recovery in the economy and the investment in the manufacturing sector.

North America

• The EPA is introducing stricter regulations on VOC emissions, which is why manufacturers such as 3M and Henkel are developing low-VOC glues.
• Avery Dennison has a major role in this new demand for adhesives, and has expanded its product range accordingly.
• The automobile industry, shifting towards lightweight materials, is putting an increased emphasis on the development of new bonding systems, and the leading players, such as DuPont, are investing in research and development for high-performance adhesives.

Europe

• The Green Deal of the European Union is pushing sustainable building and the demand for bio-based adhesives is rising. BASF is at the forefront of this development.
• It is true that the manufacturers of chemicals are responding to the regulatory changes that have taken place in the area of chemical safety. The European chemicals Agency (ECHA) has played a significant role in this process.
• The transition to electric vehicles is increasing the demand for special adhesives that can withstand higher temperatures and are more durable.

Asia-Pacific

• The Belt and Road Initiative has brought in huge projects, which has increased the demand for building adhesives and sealants.
• The rise of the electronics industry in South Korea and Japan has brought about a revolution in adhesive technology. The Japanese company Nitto Denko, for example, has developed highly advanced bonding materials.
• Foreign investors are attracted by the growing manufacturing industry in India, and Sika, for example, is expanding its operations to meet the growing demand for industrial adhesives.

MEA

• Hence, the focus of the government’s Vision 2021 on development of the country’s infrastructure has increased the investments in construction adhesives.
• The sealing industry in the Kingdom of Saudi Arabia is in the process of introducing new sealing technology to increase efficiency, with companies such as Saudi Aramco investing in high-performance sealants.
• In South Africa, for example, the development of legislation promoting sustainable practices has led to the development of eco-friendly adhesives.

Latin America

• Brazil's economic recovery has given rise to a boom in the building industry, thereby increasing the demand for adhesives for construction materials, and companies like P. G. Industries are increasing their range of products.
• The manufacture of a large number of products for the home consumption market in Mexico is causing the need for packaging glues, and the local industry is adapting to meet the international standards.
• Among these new developments is the establishment of a new factory by Henkel, a leading international adhesives company.

Did You Know?

“The world market for adhesives and sealants is expected to exceed $ 50 billion by 2025, driven by innovations in sustainable materials and increasing applications in various industries.” — Market Research Future

Segmental Market Size

The Adhesives and Sealants Market is growing at a steady pace, owing to the growing demand from the construction, automobile, and packaging industries. The rising need for durable and efficient bonding solutions, regulatory policies favoring the use of eco-friendly products, and advancements in adhesive technology that enhances the performance and application versatility are some of the key factors driving the market. The construction industry, for instance, is increasingly adopting high-performance adhesives to meet the stringent building codes and to achieve the green building goals.

The abrasives market is in a mature phase of development, with 3M and Henkel in the lead of the development and production of new products. The main applications are in the construction industry, where sealants are replacing fasteners, and in the automobile industry, where sealants are used to prevent leakage and to improve energy efficiency. The trend towards the use of sustainable materials and the stricter regulation of VOCs is driving growth. The development of bio-based and smart sealants that respond to changes in the environment will shape the future of the industry and ensure its relevance in a rapidly changing market.

Future Outlook

From 2024 to 2035, the Adhesives and Sealants Market is expected to grow at a CAGR of 2.87% from $ 62.2 Billion to $ 85 Billion. Among the main reasons for this growth is the increasing demand for these products in the automotive, construction, and packaging industries, where the need for efficient bonding solutions is paramount. As these industries continue to focus on the use of lightweight materials and sustainable practices, the use of advanced adhesives is expected to increase.

The development of bio-based sealants and adhesives is expected to play a major role in shaping the future of the market. These products are not only responding to the increasing demand for environmentally friendly products but also to the increasingly stringent regulations on volatile organic compounds (VOCs). Moreover, the development of smart materials, such as self-healing sealants, will lead to a further increase in product performance and the opening of new application fields. In the long run, the market is expected to shift towards high-performance, specialized solutions that meet the changing requirements of various industries.

The increasing penetration of e-commerce and the rise of self-service in the market are expected to further contribute to the growth of the market. The convenience of e-commerce is expected to increase the penetration of glue products into the market, and the trend of self-service is expected to lead to innovation in the formulation and packaging of products. In 2035, the use of sealants and adhesives in the home will be significantly increased, resulting in the wide acceptance of consumers in their daily life. It is expected that the market for sealants and adhesives will continue to develop vigorously, driven by technological innovation, regulatory changes, and changing consumer preferences.