Global Bookbinding Adhesive Market Overview
The Bookbinding Adhesive Market Size was estimated at 1.31 (USD Billion) in 2022. The Bookbinding Adhesive Industry is expected to grow from 1.35(USD Billion) in 2023 to 1.71 (USD Billion) by 2032. The Bookbinding Adhesive Market CAGR (growth rate) is expected to be around 2.7% during the forecast period (2024 - 2032).
Key Bookbinding Adhesive Market Trends Highlighted
The growing demand for customized and high-quality bookbinding services is driving the market for bookbinding adhesives. The rise of digital printing and short-run publishing has created a need for innovative adhesives that can bind a wide range of substrates, including paper, cardstock and synthetics. Additionally, the increasing popularity of hardcover books and specialty binding techniques is contributing to the market growth.Key drivers of the bookbinding adhesive market include the growing demand for customized and high-quality bookbinding services, the rise of digital printing and short-run publishing and the increasing popularity of hardcover books and specialty binding techniques.Opportunities for exploration and capture in the bookbinding adhesive market include the development of eco-friendly adhesives, the expansion into new market segments and the adoption of innovative technologies.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Adhesive Market Drivers
Growing Demand for High-quality Bookbinding
The bookbinding adhesive market is primarily driven by the increasing demand for high-quality bookbinding services. As the publishing industry continues to grow, there is a growing need for reliable and durable adhesives that can meet the demands of high-volume book production. Bookbinding adhesives play a crucial role in ensuring the longevity and durability of books, as they provide a strong bond between the pages and the cover. With the rising popularity of hardcover books and the growing emphasis on preserving printed materials, the demand for high-quality bookbinding adhesives is expected to remain strong in the coming years.
Advancements in Printing and Binding Technologies
The Bookbinding Adhesive Market Industry is also being driven by advancements in printing and binding technologies. The introduction of digital printing and automated bookbinding machines has led to increased efficiency and productivity in the bookbinding process. These advancements have created a demand for specialized adhesives that can withstand the high temperatures and pressures involved in these processes. Furthermore, the development of new binding techniques, such as perfect binding and PUR binding, has further expanded the range of applications for bookbinding adhesives.
Rising Environmental Awareness
The growing environmental awareness among consumers is also influencing the Bookbinding Adhesive Market Industry. There is an increasing demand for eco-friendly and sustainable adhesives that minimize environmental impact. As a result, manufacturers are focusing on developing water-based and solvent-free adhesives that meet these requirements. These adhesives offer reduced VOC emissions and are safer for both the environment and the workers involved in the bookbinding process.
Bookbinding Adhesive Market Segment Insights
Bookbinding Adhesive Market Type Insights
The Bookbinding Adhesive Market is segmented by Type into Hot Melt Adhesives, Cold Adhesives, and Pressure Sensitive Adhesives. Hot Melt Adhesives are expected to hold the largest market share in 2023, owing to their excellent bonding strength, fast setting time and low cost. Cold Adhesives are expected to witness significant growth over the forecast period due to their ease of use and low VOC emissions. The market growth is attributed to the increasing demand for bookbinding services from various industries, such as publishing, printing and packaging.The growing popularity of digital printing and the increasing use of adhesives in bookbinding applications are also contributing to the market growth. The Asia Pacific region is expected to be the largest market for bookbinding adhesives, followed by North America and Europe. The growth in the Asia Pacific region is attributed to the increasing demand for bookbinding services from emerging economies such as China, India and Japan. The growing population and the rising literacy rates in these countries are also contributing to the market growth.The key players in the Bookbinding Adhesive Market include Henkel AG Co. KGaA, 3M Company, Bostik SA, H.B. Fuller Company and Sika AG. These companies are focusing on innovation and product development to meet the changing demands of the market. They are also expanding their manufacturing capacity and distribution networks to cater to the growing demand for bookbinding adhesives.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Adhesive Market End Use Insights
The End Use segment of the Bookbinding Adhesive Market is expected to witness significant growth in the coming years, driven by rising demand for various types of bookbinding adhesives in the publishing industry. In 2023, the Hardcover Books segment accounted for the largest revenue share of over 45%, owing to the increasing popularity of hardcover books, particularly in the educational and academic sectors. The Softcover Books segment is projected to exhibit a steady growth rate, with a growing preference for paperback books among readers.The Magazines segment is anticipated to contribute a significant share of the overall market, driven by the increasing demand for high-quality magazines in the fashion, lifestyle and entertainment industries. The Journals segment is expected to witness moderate growth, fueled by the growing research and development activities in various fields, leading to an increased demand for scientific and academic journals.
Bookbinding Adhesive Market Solvent Type Insights
Solvent-based adhesives are expected to hold a significant share of the Bookbinding Adhesive Market revenue in 2023 and are projected to continue their dominance throughout the forecast period. These adhesives offer strong bonding strength, fast drying times, and resistance to moisture and heat, making them ideal for demanding bookbinding applications. Water-based adhesives, on the other hand, are gaining popularity due to their environmental friendliness and cost-effectiveness. They are widely used in paperback bookbinding and paper-converting processes.Solventless adhesives, though a smaller segment, provide unique advantages such as low odor, high solids content and excellent adhesion to a wide range of substrates, making them suitable for specialty applications in the bookbinding industry.
Bookbinding Adhesive Market Resin Type Insights
The Bookbinding Adhesive market is segmented based on Resin Type into EVA (Ethylene Vinyl Acetate), Polyurethane (PUR) and Acrylic. Among these, the EVA segment is expected to hold the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the high demand for EVA adhesives in various bookbinding applications due to their excellent bonding strength, flexibility and cost-effectiveness. Polyurethane adhesives are another significant segment in the Bookbinding Adhesive market, owing to their superior durability, resistance to aging, and ability to withstand harsh environmental conditions.Acrylic adhesives, on the other hand, are gaining popularity due to their fast-curing time, transparency and low odor emissions. The rising demand for high-quality bookbinding adhesives in the publishing, packaging and printing industries is driving the growth of the overall market.
Bookbinding Adhesive Market Application Insights
The Application segment of the Bookbinding Adhesive Market is segmented into Binding, Lining, Case Making and Covering. Binding is the most dominant application, accounting for over 55% of the market share in 2023. The growth of the Binding segment is driven by the increasing demand for books, magazines and other printed materials. The Lining segment is expected to witness a significant CAGR of 3.5% during the forecast period, owing to the rising popularity of hardcover books and the increasing use of adhesives in bookbinding. Case Making is another major application segment, which is expected to grow at a CAGR of 2.8% during the forecast period.The growth of the case-making segment is driven by the increasing demand for high-quality bookbinding services from publishers and printers. The Covering segment is the smallest application segment, accounting for less than 10% of the market share in 2023. However, the segment is expected to grow at a steady CAGR of 2.5% during the forecast period, driven by the increasing use of adhesives in the production of book covers.
Bookbinding Adhesive Market Regional Insights
The Bookbinding Adhesive Market is segmented into North America, Europe, APAC, South America and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the presence of a large number of bookbinding companies in the region. Europe is expected to be the second-largest market for bookbinding adhesives, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period, owing to the increasing demand for books in the region. South America and MEA are expected to account for a relatively smaller share of the Bookbinding Adhesive Market in 2023.The Bookbinding Adhesive Market is expected to grow at a CAGR of 2.7% during the forecast period, owing to the increasing demand for books and the growing popularity of digital printing.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Adhesive Market Key Players And Competitive Insights
Major players in the Bookbinding Adhesive Market industry are constantly striving to gain a competitive edge by investing in research and development, expanding their product portfolios and forming strategic partnerships. Leading Bookbinding Adhesive Market players are focusing on developing innovative and sustainable solutions that meet the evolving needs of end-users. The Bookbinding Adhesive Market development is driven by factors such as increasing demand for high-quality bookbinding solutions, growing adoption of digital printing technologies, and rising awareness about sustainable manufacturing practices. The Competitive Landscape of the Bookbinding Adhesive Market is characterized by a mix of established and emerging players, with each company focusing on its core strengths and target markets.H.B. Fuller Company is a leading provider of industrial adhesives, sealants and other specialty chemical products. The company offers a wide range of bookbinding adhesives that meet the specific requirements of different applications. H.B. Fuller has a strong focus on innovation and sustainability, and it is committed to providing its customers with high-quality, environmentally friendly solutions. The company has a presence with manufacturing facilities in over 30 countries, and it serves a diverse range of industries, including bookbinding, packaging, and construction.Henkel AG Co. KGaA is another major player in the bookbinding adhesive market. The company offers a wide range of adhesives under the Loctite brand, which are known for their high performance and reliability. Henkel AG Co. KGaA has a strong focus on research and development and it invests heavily in developing new and innovative adhesive solutions. The company has a presence with manufacturing facilities in over 70 countries and it serves a diverse range of industries, including automotive, aerospace, and electronics.
Key Companies in the Bookbinding Adhesive Market Include
- 3M Company
- Jowat SE
- Arkema S.A.
- The Lubrizol Corporation
- B. Fuller Company
- Henkel
- AkzoNobel N.V.
- Eastman Chemical Company
- Evonik Industries
- Fujifilm Holdings Corporation
- Ashland Inc.
- Michelman, Inc.
- Avery Dennison Corporation
- Synthomer Ltd
- The Dow Chemical Company
Bookbinding Adhesive Market Industry Developments
The bookbinding adhesive market is projected to reach USD 1.71 billion by 2032, exhibiting a CAGR of 2.7% during the forecast period (2024-2032). Rising demand for bookbinding adhesives from the packaging industry, particularly in the food and beverage sector, is a key driver of market growth. The growing popularity of digital printing and self-publishing is also contributing to the demand for bookbinding adhesives.Recent news developments in the market include the launch of new products and the expansion of production capacities by key players. For instance, in 2023, Henkel AG Co. KGaA announced the launch of a new range of bookbinding adhesives that offer improved performance and sustainability. Additionally, 3M Company recently announced plans to invest in expanding its production capacity for bookbinding adhesives in the Asia-Pacific region.
Bookbinding Adhesive Market Segmentation Insights
Bookbinding Adhesive Market Type Outlook
- Hot Melt Adhesives
- Cold Adhesives
- Pressure Sensitive Adhesives
Bookbinding Adhesive Market End Use Outlook
- Hardcover Books
- Softcover Books
- Magazines
- Journals
Bookbinding Adhesive Market Solvent Type Outlook
- Solvent-Based Adhesives
- Water-Based Adhesives
- Solventless Adhesives
Bookbinding Adhesive Market Resin Type Outlook
- EVA (Ethylene Vinyl Acetate)
- Polyurethane (PUR)
- Acrylic
Bookbinding Adhesive Market Application Outlook
- Binding
- Lining
- Case Making
- Covering
Bookbinding Adhesive Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.31(USD Billion) |
| Market Size 2023 |
1.35(USD Billion) |
| Market Size 2032 |
1.71(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
2.7% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
3M Company, Jowat SE, Arkema S.A., The Lubrizol Corporation, H.B. Fuller Company, Henkel, AkzoNobel N.V., Eastman Chemical Company, Evonik Industries, Fujifilm Holdings Corporation, Ashland Inc., Michelman, Inc., Avery Dennison Corporation, Synthomer Ltd, The Dow Chemical Company |
| Segments Covered |
Type, End Use, Solvent Type, Resin Type, Application, Regional |
| Key Market Opportunities |
1.      Rising demand for high-quality bookbinding 2.      Growing e-commerce sector 3.      Advancements in adhesive technology 4.      Eco-friendly and sustainable alternatives 5.      Expansion of the printing and publishing industry |
| Key Market Dynamics |
1.      Increasing demand for quality binding 2.      Growing adoption of paper and packaging 3.      Advancements in adhesive technology 4.      Rising demand for environmentally friendly solutions 5.      Expanding e-commerce industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
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Frequently Asked Questions (FAQ) :
The Bookbinding Adhesive Market was expected to reach an overall valuation of 1.71 Billion USD by 2032, with a CAGR of 2.7%.
The Asia-Pacific region is expected to dominate the Bookbinding Adhesive Market, accounting for the largest market share.
Yes, the Bookbinding Adhesive Market is projected to grow steadily over the forecast period (2024-2032).
Key applications of bookbinding adhesives include hardcover books, softcover books, magazines, brochures and packaging.
Major players in the Bookbinding Adhesive Market include Henkel, 3M, Sika AG, Arkema and H.B. Fuller.
Rising demand for high-quality bookbinding, increasing disposable income, and technological advancements are expected to drive market growth.
The market is segmented by type (solvent-based, water-based, and hot melt), application, and region.
Solvent-based adhesives are expected to account for the largest market share due to their strong bonding strength and resistance to moisture.
Fluctuations in raw material prices and environmental regulations pose challenges to the growth of the market.
Technological advancements and the emergence of sustainable alternatives may disrupt the market in the long term.
