North America Composite Adhesive Market Size, Share & Trends Analysis Report By Product, By Application (Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, Construction & Infrastructure, and Others), By Country and Growth Forecast

North America Composite Adhesive Market Size, Share & Trends Analysis Report By Product, By Application (Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, Construction & Infrastructure, and Others), By Country and Growth Forecast, 2023 - 2030


The North America Composite Adhesive Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 174.26 Kilo Tonnes, showcasing a growth of 3.3% (2019-2022).

The composite adhesive market has arisen as a pivotal participant, propelling progress and novel ideas throughout numerous industries. As industries increasingly seek lightweight, durable, and high-performance materials, these have witnessed a surge in adoption due to their unique properties and versatile applications. This market's growth is propelled by various factors, including the expanding aerospace and automotive industries, the push for sustainable and eco-friendly solutions, and continuous research and development efforts to enhance adhesive technologies.

Composite adhesives have increased steadily in various sectors, including construction, marine, aerospace, and automotive. One of the primary drivers behind this surge in adoption is the growing demand for lightweight materials with superior strength and durability. With its unique challenges of corrosion, moisture, and salt exposure, the marine industry benefits from the superior bonding capabilities of these adhesives. These adhesives assemble boat components, ensuring structural integrity while withstanding harsh marine environments. As the marine industry seeks lightweight solutions without compromising strength, these have become integral to manufacturing.

Canada has a robust aerospace industry with companies involved in manufacturing aircraft, space systems, and components. Notable players include Bombardier, Boeing Canada, and various smaller enterprises contributing to the supply chain. The Canadian government has historically supported the aerospace sector through initiatives aimed at research and development, innovation, and skills training. These efforts are designed to enhance the competitiveness of Canadian aerospace companies on the global stage. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada’s regional development agencies (RDAs). Hence, North America's rising automotive and aerospace sectors will help expand the regional market.

The US market dominated the North America Composite Adhesive Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $707.7 Million by 2030. The Canada market is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2023 - 2030).

Based on Product, the market is segmented into Epoxy, Acrylic, Polyurethane, Cyanoacrylate, and Others. Based on Application, the market is segmented into Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, Construction & Infrastructure, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • 3M Company
  • Arkema S.A.
  • The Dow Chemical Company
  • Henkel AG & Company, KGaA
  • H.B. Fuller Company
  • Huntsman Corporation
  • Illinois Tools Works, Inc.
  • BASF SE
  • Parker Hannifin Corporation
  • Sika AG
North America Composite Adhesive Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Epoxy
  • Acrylic
  • Polyurethane
  • Cyanoacrylate
  • Others
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Aerospace & Defense
  • Automotive & Transportation
  • Electrical & Electronics
  • Construction & Infrastructure
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Composite Adhesive Market, by Product
1.4.2 North America Composite Adhesive Market, by Application
1.4.3 North America Composite Adhesive Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Some of the Strategies Deployed in the Composite Adhesive Market
Chapter 5. North America Composite Adhesive Market, by Product
5.1 North America Epoxy Market, by Country
5.2 North America Acrylic Market, by Country
5.3 North America Polyurethane Market, by Country
5.4 North America Cyanoacrylate Market, by Country
5.5 North America Others Market, by Country
Chapter 6. North America Composite Adhesive Market, by Application
6.1 North America Aerospace & Defense Market, by Country
6.2 North America Automotive & Transportation Market, by Country
6.3 North America Electrical & Electronics Market, by Country
6.4 North America Construction & Infrastructure Market, by Country
6.5 North America Others Market, by Country
Chapter 7. North America Composite Adhesive Market, by Country
7.1 US Composite Adhesive Market
7.1.1 US Composite Adhesive Market, by Product
7.1.2 US Composite Adhesive Market, by Application
7.2 Canada Composite Adhesive Market
7.2.1 Canada Composite Adhesive Market, by Product
7.2.2 Canada Composite Adhesive Market, by Application
7.3 Mexico Composite Adhesive Market
7.3.1 Mexico Composite Adhesive Market, by Product
7.3.2 Mexico Composite Adhesive Market, by Application
7.4 Rest of North America Composite Adhesive Market
7.4.1 Rest of North America Composite Adhesive Market, by Product
7.4.2 Rest of North America Composite Adhesive Market, by Application
Chapter 8. Company Profiles
8.1 3M Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Arkema S.A.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 SWOT Analysis
8.3 The Dow Chemical Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Henkel AG & Company, KGaA
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 H.B. Fuller Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Huntsman Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segment and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Illinois Tools Works, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 BASF SE
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Parker Hannifin Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Sika AG
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Acquisition and Mergers:
8.10.6 SWOT Analysis

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