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Elastic Adhesive Market

ID: MRFR/CnM/4573-HCR
100 Pages
Anshula Mandaokar
October 2025

Elastic Adhesive Market Research Report Information By Type (Silicone Modified Polymers, Silicone), Application (Building Maintenance, Floor Covering, and Automobiles), By End-Use (Construction, Transportation), By Region - Forecast till 2035

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Elastic Adhesive Market Summary

The Global Elastic Adhesives Market is projected to grow from 22.6 USD Million in 2024 to 43.2 USD Million by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

Elastic Adhesives Key Trends and Highlights

  • The market is expected to experience a compound annual growth rate (CAGR) of 6.06% from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 43.2 USD Million, indicating substantial growth opportunities.
  • In 2024, the market is valued at 22.6 USD Million, laying a solid foundation for future expansion.
  • Growing adoption of elastic adhesives in various industries due to their versatility is a major market driver.

Market Size & Forecast

2024 Market Size 22.6 (USD Million)
2035 Market Size 43.2 (USD Million)
CAGR (2025-2035) 6.06%

Major Players

Henkel AG & Co., KGaA (Germany), Arkema (France), DowDuPont (U.S.), 3M (U.S.), Wacker Chemie AG (Germany), H.B. Fuller (U.S.), CEMEDINE Co., ltd (Japan), ThreeBond Holdings Co., Ltd (Japan), WEICON GmbH & Co.KG (Germany), Mapei Construction Products India Pvt Ltd (India), SAMEDIA (Germany)

Elastic Adhesive Market Drivers

Growing Demand in Construction Sector

The Global Elastic Adhesives Market Industry experiences robust growth driven by increasing demand in the construction sector. As urbanization accelerates, the need for durable and flexible bonding solutions in building materials becomes paramount. Elastic adhesives are favored for their ability to withstand structural movements and environmental changes. In 2024, the market is valued at 22.6 USD Million, reflecting the industry's response to construction trends. Furthermore, the anticipated growth in infrastructure projects globally suggests a sustained demand for these adhesives, potentially leading to a market valuation of 43.2 USD Million by 2035. This growth trajectory indicates a compound annual growth rate of 6.06% from 2025 to 2035.

Key Companies in the Elastic Adhesive Market market include

Industry Developments

March 2023:

 3M Company announced the acquisition of Nanolink, a developer of high-performance elastic adhesives. The acquisition is expected to strengthen 3M's position in the growing market for elastic adhesives.

April 2023:

 Huntsman Corporation launched a new line of elastic adhesives for the medical device industry. The adhesives are designed to be biocompatible and meet the strict regulatory requirements for medical devices.

Intended Audience

    • Elastic adhesives manufacturers
    • Traders and distributors of elastic adhesives
    • Research and development institutes
    • Potential investors
    • Raw material suppliers
    • Nationalized laboratory

Future Outlook

Elastic Adhesive Market Future Outlook

The Global Elastic Adhesives Market is projected to grow at a 6.06% CAGR from 2024 to 2035, driven by increasing demand in automotive, construction, and packaging sectors.

New opportunities lie in:

  • Develop bio-based elastic adhesives to meet sustainability demands.
  • Invest in advanced manufacturing technologies for enhanced product performance.
  • Expand into emerging markets with tailored adhesive solutions for local industries.

By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological advancements.

Report Scope

Report Attribute/Metric Details
  Market Size   2030: USD 31.82 Million
  CAGR   (2022- 2030) : 6.3% CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application, End-Use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Henkel AG & Co., KGaA (Germany), Arkema (France), DowDuPont (U.S.), 3M (U.S.), Wacker Chemie AG (Germany), H.B. Fuller (U.S.), CEMEDINE Co., ltd (Japan), ThreeBond Holdings Co., Ltd (Japan), WEICON GmbH & Co.KG (Germany), Mapei Construction Products India Pvt Ltd (India), and SAMEDIA (Germany)
  Key Market Opportunities   Increasing spending on construction activities by the government for the infrastructural development
  Key Market Drivers increasing investment in the residential and non-residential construction industry Surging demand for aircraft with climbing air traffic and growing tourism in the emerging nations

Market Highlights

Author
Anshula Mandaokar
Team Lead - Research

Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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FAQs

What are elastic adhesives used for?

Elastic adhesives are mainly used for bonding together machines that are expected to undergo significant vibration.

What are the leading applications of elastic adhesives?

Major applications of elastic adhesives include building maintenance, floor covering, automobiles, aircrafts, ships, and domestic appliances.

What is the major driver for the market?

Growth of the construction industry is likely to be the major driver for the elastic adhesives market.

Which is the leading regional market?

Asia Pacific is the fastest growing regional market for elastic adhesives, due to the growing construction industry in the region.

What are the leading market players?

Leading players in the elastic adhesives market include Henkel, Arkema, and DowDuPont, among others.

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