Liquid Adhesives Market Size - By Formulation (Water-based, Solvent-based), By End-Use Industry (Automotive & Transportation, Building & Construction, Electronics, Packaging, Healthcare & Medical, Furniture), By Substrate & Forecast, 2024 - 2032
Global Liquid Adhesives Market size will register 3.3% CAGR from 2024 to 2032, attributed to advancements in manufacturing techniques and increasing usage in medical applications. Manufacturers are developing specialized formulations to focus on medical-grade adhesives. These innovations are helping to cater to the growing demand for adhesives in wound closure, medical device assembly, and surgeries.
Moreover, stringent safety standards and FDA approvals are driving the adoption of liquid adhesives in healthcare settings. This convergence of advanced manufacturing and medical applications will significantly expand the industry growth. For instance, in March 2024, TELA Bio revealed the commercial launch of LIQUIFIX™, the sole FDA-approved liquid adhesive for internal application in hernia surgery across the U.S. This FDA-approved liquid adhesive, tailored for internal use in hernia surgery, is reflecting the growing trend of specialized medical adhesives.
The liquid adhesives market is classified into formulation, substrate, end-use industry, and region.
By substrate, the industry size from the glass segment will witness significant CAGR through 2032, fueled by the widespread use of liquid adhesives in glass bonding applications across industries, such as construction, automotive, and electronics. Glass bonding requires adhesive solutions that provide strong and transparent bonds. Moreover, the demand for glass in architectural designs and automotive glazing will further boost the product adoption.
Liquid adhesives industry from the automotive and transportation end-use industry segment will amass considerable gains by 2032. The growing demand for lightweight materials and fuel-efficient vehicles is making way for strong and durable bonding solutions. Liquid adhesives offer versatility and reliability in joining diverse materials like metals, plastics, and composites used in vehicle assembly. Additionally, stringent safety and performance requirements in the automotive sector will favor the adoption of high-performance liquid adhesives for catering to the evolving needs of the automotive sector.
North America liquid adhesives market will grow at a noteworthy CAGR between 2024 and 2032, driven by the robust manufacturing sector, particularly in the automotive and construction industries. The demand for liquid adhesives in these sectors for bonding applications has turned substantial. Additionally, stringent regulations for promoting the use of environmentally friendly adhesives along with technological advancements and research investments in adhesive formulations will contribute to the regional product uptake.
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis
- 2.2 Formulation trends
- 2.3 Substrate trends
- 2.4 End-use Industry trends
- 2.5 Regional trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.3 Sustainability in raw materials
- 3.3.4 Raw material pricing trends (USD/Ton)
- 3.3.4.1 U.S.
- 3.3.4.2 European Union
- 3.3.4.3 UK
- 3.3.4.4 China
- 3.3.4.5 Southeast Asia
- 3.3.4.6 GCC
- 3.4 Regulations & market impact
- 3.5 Unmet needs
- 3.6 Porter's analysis
- 3.7 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
- Chapter 5 Market Size and Forecast, By Formulation, 2018-2032 (USD Billion, Kilo Tons)
- 5.1 Key trends
- 5.2 Water-based
- 5.3 Solvent-based
- 5.4 Others
- Chapter 6 Market Size and Forecast, By End-Use Industry, 2018-2032 (USD Billion, Kilo Tons)
- 6.1 Key trends
- 6.2 Automotive & transportation
- 6.3 Building & construction
- 6.4 Electronics
- 6.5 Packaging
- 6.6 Healthcare & medical
- 6.7 Furniture
- 6.8 Others
- Chapter 7 Market Size and Forecast, By Substrate, 2018-2032 (USD Billion, Kilo Tons)
- 7.1 Key trends
- 7.2 Metal
- 7.3 Plastic
- 7.4 Glass
- 7.5 Wood
- 7.6 Others
- Chapter 8 Market Size and Forecast, By Region, 2018-2032 (USD Billion, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Indonesia
- 8.4.6 Australia
- 8.4.7 Malaysia
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- Chapter 9 Company Profiles
- 9.1 3M Company
- 9.2 Avery Dennison Corporation
- 9.3 Beardow Adams
- 9.4 Bostik SA
- 9.5 DIC Corporation
- 9.6 Dow Inc.
- 9.7 H.B. Fuller Company
- 9.8 Henkel AG & Co. KGaA
- 9.9 Huntsman Corporation
- 9.10 Jowat SE
- 9.11 Mapei S.p.A.
- 9.12 Pidilite Industries Ltd.
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