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Leading Growth Driver in the Solvent-Based Adhesives Market in 2025: Solvent-Based Adhesives Market Driven By Demand For Lightweight Automobiles Driver's Influence

02-20-2025 02:14 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Solvent-Based Adhesives Market Size

Solvent-Based Adhesives Market Size

What Are the Market Size and Growth Forecast for the Solvent-Based Adhesives Market?
There has been significant expansion in the size of the solvent-based adhesives market in the past few years. The size of this market is projected to increase from $15.06 billion in 2024 to $15.93 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%. The surge in growth during the historical period is due to its industrial use, compatibility with a wide range of substrates, quick drying time, and extended shelf life.

In the coming years, the solvent-based adhesives market is projected to experience robust growth, escalating to an estimated value of $19.48 billion in 2029, with a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in this period can be attributed to several factors such as the expansion of the automotive industry, development in construction and infrastructure projects, advancements in electronic components, and the thriving renewable energy sector. Key trends predicted to shape the market in the forecast period include the rise of hybrid adhesives, resistance to high temperatures, custom formulations, and innovative packaging solutions.

What Is Contributing to the Growth of the Solvent-Based Adhesives Market?
The forecast period is likely to see growth in the solvent-based adhesives market, spurred by expansion in the automotive manufacturing sector. The drive towards producing lightweight vehicles paves the way for an increased need for adhesives and sealants. They are employed as replacements for welded joints, mechanical fasteners, and gaskets, aiding in lowering the vehicle's weight. Therefore, the surge in demand for lightweight cars is anticipated to enhance the need for solvent-based adhesives in the forecast years.

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Which Key Market Leaders Are Driving Solvent-Based Adhesives Industry Growth?
Major companies operating in the solvent-based adhesives market include 3M Company, Alfa International Corporation, Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS, DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Jowat AG, LORD Corporation, Sika AG, Bostik, RPM International Inc., KCC Corporation, Illinois Tool Works Inc., MAPEI SpA, Akzo Nobel NV, Permabond LLC, Franklin International Inc., COIM Group, Royal Adhesives & Sealants LLC, Reynolds Industries Inc., Cattie Adhesives Solutions LLC, AJ Adhesives Inc., Adhesives Research Inc., L.D. Davis Industries Inc., Mars Supply, Ashland Global Holdings Inc., Beardow Adams Group, Chemence Inc.

What Are the Emerging Trends in the Solvent-Based Adhesives Industry?
Major corporations in the solvent-based adhesives industry are placing a spotlight on inventive products like pearl bond adhesive to enhance market profits. The Pearl Bond adhesive is a collection of crystalline thermoplastic polyurethane (TPU) adhesives, designed for the production of reactive hot melt adhesives and standard hot melt adhesives. For example, in April 2023, Pearl Polyurethane Systems LLC, a company based in the UAE and a provider of PU-based adhesives, inclusive of solvent-based adhesives, introduced a pearl bond adhesive. This adhesive line is deployed in diverse areas such as footwear tops, car interior decorations, and assorted textile substrates. Moreover, due to its resistance to microbial intrusions, it is considered a persistent and robust option for various uses. It also provides a budget-friendly formula that delivers extraordinary bonding solutions for hot melt adhesives.

What Are the Main Segments in the Solvent-Based Adhesives Market?
The solvent-based adhesives market covered in this report is segmented -

1) By Type: PolyurethanePU, Styrenic Block, Ethyl Vinly AcetateEVA
2) By End User Industry: Paper And Packaging, Building And Construction, Woodworking, Automotive And Transportation, Other End Use Industries
3) By Distribution Channel: Direct Sales, Distributor

Subsegments:
1) By Polyurethane (PU): Aromatic Polyurethane Adhesives, Aliphatic Polyurethane Adhesives, Moisture-Cured Polyurethane Adhesives
2) By Styrenic Block: SBS (Styrene-Butadiene-Styrene) Based Adhesives, SEBS (Styrene-Ethylene-Butylene-Styrene) Based Adhesives, SIS (Styrene-Isoprene-Styrene) Based Adhesives
3) By Ethyl Vinyl Acetate (EVA): Low-Vinyl Acetate EVA Adhesives, High-Vinyl Acetate EVA Adhesives, EVA Hot-Melt Adhesives

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Which Geographic Area Leads the Solvent-Based Adhesives Market?
Asia-Pacific was the largest region in the solvent-based adhesives market in 2023. North America was the second-largest region in the solvent-based adhesives market report. The regions covered in the solvent-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Solvent-Based Adhesives Global Market Report?

- Market Size Analysis: Analyze the Solvent-Based Adhesives Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Solvent-Based Adhesives Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Solvent-Based Adhesives Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Solvent-Based Adhesives Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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