HIGH PERFORMANCE ADHESIVES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The Global High Performance Adhesives Market is estimated to be valued at USD 15.48 Bn in 2024 and exhibit a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. The global high performance adhesives market has been gaining significant traction over the past few years owing to high demand from various end-use industries such as automotive, aerospace, industrial, and electronics. High performance adhesives exhibit superior properties such as high strength bonding, thermal resistance and heat dissipation which makes them suitable for applications requiring high durability and reliability. Additionally, the rising need for lightweight and more fuel-efficient vehicles has boosted consumption of high-performance adhesives in automotive manufacturing. Furthermore, increasing aircraft production and modernization of existing aircraft fleet have stimulated market growth. Thus, widespread applications coupled with performance benefits have been driving the global high performance adhesives market substantially.

Market Dynamics:

The primary growth drivers for the high performance adhesives market include rapid industrialization and urbanization in emerging economies, strong automotive production, upgradation of existing aircraft fleet and escalating demand from electronics industry. Additionally, growing applicability of high-performance adhesives across various end-use sectors owing to their advantages over other bonding methods has been propelling the market expansion. However, high raw material costs owing to fluctuating petroleum prices and environmental issues pertaining to VOC emissions during manufacturing are expected to hamper the market growth. Furthermore, introduction of bio-based high performance adhesive resins by major players to cater to environmental sustainability offers significant opportunities for market players.

Key features of the study:

• This report provides in-depth analysis of the global high performance adhesives market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global high performance adhesives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Henkel AG & Co. KGaA, 3M, Avery Dennison Corp., H.B. Fuller, Sika AG, Arkema Group, Huntsman Corp., Pidilite Industries, Bostik (Arkema), Ashland, Den Braven, Anabond Limited, Henkel Adhesives, Resinova Chemie Ltd., Dymax Corporation, Parson Adhesives India Pvt. Ltd., ITW Devcon, and ITW Insulcast
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global high performance adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global high performance adhesives market

Detailed Segmentation:

• By Resin Type Insights (Revenue, USD Bn, 2019 - 2031)
• • Epoxy
  • Polyurethane
  • Acrylic
  • Silicone
  • Others
• By Technology Insights (Revenue, USD Bn, 2019 - 2031)
• • Water-based
  • Solvent-based
  • Hot Melt
  • Reactive
  • Others
• By End-user Industry Insights (Revenue, USD Bn, 2019 - 2031)
• • Automotive
  • Aerospace
  • Construction
  • Electronics
  • Medical
  • Others
• By Regional Insights (Revenue, USD Bn, 2019 - 2031)
• • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Henkel AG & Co. KGaA
  • 3M
  • Avery Dennison Corp.
  • B. Fuller
  • Sika AG
  • Arkema Group
  • Huntsman Corp.
  • Pidilite Industries
  • Bostik (Arkema)
  • Ashland
  • Den Braven
  • Anabond Limited
  • Henkel Adhesives
  • Resinova Chemie Ltd.
  • Dymax Corporation
  • Parson Adhesives India Pvt. Ltd.
  • ITW Devcon
  • ITW Insulcast