The North America Industrial Adhesive Market is to Touch $11.8 Billion by 2030; Growing spending on commercial construction and Increase in aircraft production propels market growth.

The North America Industrial Adhesive Market size is estimated to reach $11.8 Billion by 2030, growing at a CAGR of 7.5% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “North America Industrial Adhesive Market – By Type (Acrylic, Polyurethane, Epoxy, Rubber, Silicone, Thermosetting [Phenolic, Melamine,   Formaldehyde Resin]), By Form (Water based, Solvent based, Hot Melt, Reactive, and Others), By Substrate (Metal, Plastics, Composites, Foams, Elastomers, Glass, Ceramics, Wood & Wood Products, and Others), By Application (Assembling Agent, Laminating Agent, Structural Bonding, Concrete Production, and Others), By End Use Industry (Automotive [Passengers Cars, Heavy Commercial Vehicles, Light Commercial Vehicles, and Others], Construction [Residential, Commercial, Industrial], Aerospace [Commercial Aircraft, Passenger Aircraft, and Others], Furniture Industry, Paper, Textiles [Woven,  Non-woven], Electronic, Medical, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Sustainable & Bio-based adhesives and Growth in the Automotive & Construction sectors are expected to create growth opportunities in the market during forecast period.

U.S. accounted for the largest share of 75% of the North America Industrial Adhesive Market in 2023. According to CEIC, in December 2022, motor vehicle production in USA was 10,060,339.000 units compared to 9,157,205.000 units made in December 2021. Such an increase in productivity of automotive and construction sectors will create more usage of industrial adhesives like polyurethane and acrylic, resulting a positive growth for North America industrial adhesives industry. 

With increasing environmental concerns, the North American industrial adhesive market is experiencing a significant shift towards eco-friendly adhesive solutions. Manufacturers are focusing on developing adhesives that feature reduced volatile organic compound (VOC) emissions and are made from renewable resources. Additionally, biodegradable adhesives are gaining traction as customers prioritize sustainable options that align with their environmental goals. As sustainability becomes a key purchasing factor, manufacturers who invest in eco-friendly solutions are positioned to gain a competitive edge in the market.

The industrial adhesives sector is witnessing rapid technological advancements, particularly in the realms of nanotechnology and smart adhesives. Nanotechnology allows for the creation of adhesives with improved strength, durability, and versatility, making them suitable for a wide range of applications. Meanwhile, smart adhesives, which possess functionalities such as self-healing or conductive properties, are emerging to meet the diverse needs of industries like automotive, electronics, and healthcare. These advancements not only enhance the performance and reliability of adhesives but also drive efficiency in manufacturing processes. As a result, companies that embrace these innovations can enhance their product offerings and maintain competitiveness in a fast-evolving market. 

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• In May 2023, H.B. Fuller announced that it had acquired Beardow Adams – an industrial adhesive manufacturer based in the UK. Beardow Adams is a UK-based, family-owned business that has grown since its establishment in the mid-seventies into a proven multinational industrial adhesive manufacturer, with 10,000 customers in more than 70 countries across a variety of applications.

Key companies profiled in the North America Industrial Adhesive Market are H. B Fuller, 3M Company, PPG Industries, Click Bond Inc., Hutchinson Sealing System, L&L Products Inc., Henkel AG & Co., Sika AG, Royal Adhesives & Sealants, LLC, Arkema Group, and Others.