Global Instant Adhesives Market – Industry Trends and Forecast to 2031

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Global Instant Adhesives Market – Industry Trends and Forecast to 2031

  • Chemical and Materials
  • Upcoming Report
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Instant Adhesives Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 2.70 Billion
Diagram Market Size (Forecast Year)
USD 4.34 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • DuPont (U.S.)
  • Solvay (Belgium)
  • Dow (U.S.)
  • Henkel AG & Co. KgaA (Germany)
  • 3M (U.S.)

Global Instant Adhesives Market, By Chemistry (Cyanoacrylate Adhesives, Epoxy Adhesives, and Other Adhesives), Substrate (Metal, Wood, Plastic, Glass, and Composites), Curing process (Conventional Instant Adhesives and Light-Cured Instant Adhesives), Application (Industrial, Woodworking, Transportation and Automotive, Consumer, Medical, Electronics, Sporting Goods, Aerospace, Oil and Gas, and Others) – Industry Trends and Forecast to 2031.

Instant Adhesives Market

Instant Adhesives Market Analysis and Size

The instant adhesives market is experiencing significant growth, driven by their widespread application across diverse industries such as automotive, electronics, medical devices, and consumer goods. They are commonly used in various applications, from household repairs and hobby projects to industrial assembly and medical device manufacturing. The demand for quick and reliable bonding solutions in manufacturing processes, coupled with the growing emphasis on efficiency and productivity, is fueling market expansion. Advancements in adhesive formulations, enhancing their performance and compatibility with various substrates, are further propelling the market. Overall, the market is poised for robust growth, supported by technological advancements and expanding application areas.

Global instant adhesives market size was valued at USD 2.70 billion in 2023 and is projected to reach USD 4.34 billion by 2031, with a CAGR of 6.10% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Chemistry (Cyanoacrylate Adhesives, Epoxy Adhesives, and Other Adhesives), Substrate (Metal, Wood, Plastic, Glass, and Composites), Curing process (Conventional Instant Adhesives and Light-Cured Instant Adhesives), Application (Industrial, Woodworking, Transportation and Automotive, Consumer, Medical, Electronics, Sporting Goods, Aerospace, Oil and Gas, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

DuPont (U.S.), Solvay (Belgium), Dow (U.S.), Henkel AG & Co. KgaA (Germany), 3M (U.S.), Bostik (France), Sika AG (Switzerland), H.B. Fuller Company (U.S.), BASF SE (Germany), DAP Global Inc. (U.S.), Owens Corning (U.S.), The Chemours Company (U.S.), Saint-Gobain S.A. (France), Paroc Group (Finland),  Kingspan (Ireland), Knauf Insulation (U.S.), DAIKIN INDUSTRIES (Japan),  GAF, Inc. (U.S.), Solvay (Belgium),  Franklin International (U.S.), Illinois Tool Works Inc. (U.S.), AVERY DENNISON CORPORATION (U.S.)

Market Opportunities

  • Increasing Use of Instant Adhesives in Healthcare Industry    
  • Instant Adhesives Rigorous Demands in Aerospace and Defense 

Market Definition

Instant adhesives, also known as cyanoacrylates or super glues, are a class of fast-acting adhesives that bond quickly to a wide variety of materials, including metals, plastics, ceramics, wood, and rubber. These adhesives cure rapidly when exposed to moisture, forming a strong, durable bond within seconds. Instant adhesives are valued for their ease of use, requiring no mixing or additional curing processes, and their ability to create high-strength bonds with minimal application.  

Instant Adhesives Market Dynamics

Drivers

  • Growing Demand in Automotive Industry

The automotive industry's increasing reliance on instant adhesives for various applications is driving market growth. These adhesives are used for interior trim bonding, gasket sealing, and component assembly, among other purposes. Their ability to provide fast and reliable bonding solutions is particularly valuable in the automotive sector, where efficiency and precision are paramount. As the automotive industry continues to evolve and demand for lightweight, high-performance vehicles grows, the use of instant adhesives is expected to further increase, contributing to market expansion.

  • Rapid Industrialization and Infrastructure Development

The ongoing wave of industrialization and infrastructure development worldwide is fueling the demand for instant adhesives. These adhesives play a crucial role in construction, manufacturing, and maintenance activities associated with new industrial and infrastructure projects. The need for fast, reliable bonding solutions in these sectors is driving the adoption of instant adhesives, which offer quick curing times and strong bonds. As industrialization and infrastructure development continue to expand, the demand for instant adhesives is expected to rise, creating opportunities for market growth.

Opportunities 

  • Increasing Use of Instant Adhesives in Healthcare Industry 

The healthcare industry is increasingly turning to instant adhesives for medical device assembly and wound closure, presenting significant growth opportunities for the market. Instant adhesives offer several advantages in healthcare applications, including fast bonding times and the ability to create strong, durable bonds. They are used in the assembly of medical devices such as catheters, needles, and syringes, as well as in wound closure products. As the healthcare industry continues to innovate and demand for advanced medical devices grows, the use of instant adhesives is expected to increase, creating new opportunities for market growth.    

  • Instant Adhesives Rigorous Demands in Aerospace and Defense      

The aerospace and defense sectors have stringent requirements for lightweight, high-performance bonding solutions, making instant adhesives an ideal choice. These adhesives are used in a wide range of applications in these sectors, including aircraft assembly, missile production, and military vehicle manufacturing. Instant bond adhesive offer fast curing times and strong bonds, making them ideal for use in aerospace and defense applications where reliability and performance are critical. As the aerospace and defense industries continue to expand and modernize, the demand for instant adhesives is expected to grow, presenting opportunities for market expansion.

Restraints/Challenges

  • Health and Safety Concerns

While instant adhesives offer numerous benefits, including fast curing times and strong bonds, they also pose health and safety risks. These adhesives contain chemicals that can be hazardous to health if not handled properly, leading to concerns regarding worker safety and environmental impact. Exposure to these chemicals can cause skin irritation, respiratory issues, and other health problems. In addition, improper disposal of instant adhesives can harm the environment, which can increase operational costs and pose challenges for market growth.

  • Limited Shelf Life and Storage Requirements

Instant adhesives can degrade over time, especially if not stored properly. They require specific storage conditions, such as temperature and humidity control, to prevent degradation and maintain their effectiveness. This poses challenges for users, as they must carefully manage their inventory and storage practices to ensure the adhesives remain viable. The need for proper storage can also increase costs, as specialized storage facilities may be required. These factors can limit the widespread adoption of instant adhesives and pose barriers to market growth.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In January 2022, H.B. Fuller, a leading industry player, revealed its acquisition of Apollo Chemicals, a UK-based company. This move allows H.B. Fuller to extend its presence in the European market
  • In May 2022, ITW Performance Polymer announced a distribution partnership with PREMA SA in Poland for its Devcon brand

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Instant Adhesives Market Scope

The instant adhesives market is segmented on the basis of chemistry, substrate curing process and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Chemistry

  • Cyanoacrylate Adhesives
    • methyl cyanoacrylate
    • ethyl cyanoacrylate
    • 2-octyl cyanoacrylate
  • Epoxy Adhesives
    • heat cure adhesives or one-part
    • cold cure adhesives or two-part
  • Other Adhesives

Substrate

  • Metal
  • Wood
  • Plastic
  • Glass
  • Composites

Curing Process

  • Conventional Instant Adhesives
  • Light-Cured Instant Adhesives

Application

  • Industrial
  • Woodworking
  • Transportation and Automotive
  • Consumer
  • Medical
  • Electronics
  • Sporting Goods
  • Aerospace
  • Oil and Gas
  • Others

Instant Adhesives Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, type, form, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to the robust automotive industry within the region. The automotive sector's reliance on instant adhesives for various applications, such as interior trim bonding and gasket sealing, drives the demand for these adhesives in North America. The region's advanced manufacturing capabilities and technological advancements further bolster its position in the market.

Asia-Pacific is expected to be the fastest growing due to increasing demand for instant adhesives from emerging economies is also contributing to North America's dominance in the market. As developing countries continue to industrialize and modernize, there is a growing need for instant adhesives in various industries such as automotive, electronics, and healthcare. North America's established infrastructure and expertise in manufacturing allow it to meet this rising demand.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Instant Adhesives Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • DuPont (U.S.)
  • Solvay (Belgium)
  • Dow (U.S.)
  • Henkel AG & Co. KgaA (Germany)
  • 3M (U.S.)
  • Bostik (France)
  • Sika AG (Switzerland)
  • H.B. Fuller Company (U.S.)
  • BASF SE (Germany)
  • DAP Global Inc. (U.S.)
  • Owens Corning (U.S.)
  • The Chemours Company (U.S.)
  • Saint-Gobain S.A. (France)
  • Paroc Group (Finland)
  • Kingspan (Ireland)
  • Knauf Insulation (U.S.)
  • DAIKIN INDUSTRIES (Japan)
  • GAF, Inc. (U.S.)
  • Franklin International (U.S.)
  • Illinois Tool Works Inc. (U.S.)
  • AVERY DENNISON CORPORATION (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The market is segmented based on , By Chemistry (Cyanoacrylate Adhesives, Epoxy Adhesives, and Other Adhesives), Substrate (Metal, Wood, Plastic, Glass, and Composites), Curing process (Conventional Instant Adhesives and Light-Cured Instant Adhesives), Application (Industrial, Woodworking, Transportation and Automotive, Consumer, Medical, Electronics, Sporting Goods, Aerospace, Oil and Gas, and Others) – Industry Trends and Forecast to 2031. .
The Global Instant Adhesives Market size was valued at USD 2.70 USD Billion in 2023.
The Global Instant Adhesives Market is projected to grow at a CAGR of 6.1% during the forecast period of 2024 to 2031.
The major players operating in the market include DuPont (U.S.), Solvay (Belgium), Dow (U.S.), Henkel AG & Co. KgaA (Germany), 3M (U.S.), Bostik (France), Sika AG (Switzerland), H.B. Fuller Company (U.S.), BASF SE (Germany), DAP Global Inc. (U.S.), Owens Corning (U.S.), The Chemours Company (U.S.), Saint-Gobain S.A. (France), Paroc Group (Finland), Kingspan (Ireland), Knauf Insulation (U.S.), DAIKIN INDUSTRIES (Japan), GAF, Inc. (U.S.), Solvay (Belgium), Franklin International (U.S.), Illinois Tool Works Inc. (U.S.), AVERY DENNISON CORPORATION (U.S.).
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.