Press release
Epoxy Adhesives Market Size Projected To Reach $12.16 Billion By 2034 With A Cagr Of 6.8%
The Epoxy Adhesives Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Epoxy Adhesives Market?
In recent times, the market size for epoxy adhesives has experienced robust growth. It is projected to expand from $8.81 billion in 2024 to $9.33 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%. The growth during the historic period can be credited to factors such as the expansion of the industrial and construction sectors, the need for repair and maintenance, the rise in consumer electronics demand, automotive lightweighting, and the advent of smart manufacturing.
In the coming years, the market size of epoxy adhesives is predicted to experience substantial growth, reaching $12.16 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. This growth during the forecast period can be credited to factors such as sustainability and environmental concerns, the surge in electric vehicle (EV) sales, developments in renewable energy infrastructure, expansion in the aerospace industry, and the use of advanced composite materials. The forecast period will also see significant trends including technological advancements, the use of sustainable formulations and bio-based epoxy adhesives, the rise of miniaturization and microelectronics, as well as hybrid epoxy systems.
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What Are the Different Epoxy Adhesives Market Segments?
The epoxy adhesives market covered in this report is segmented -
1) By Type: One Component, Two Component, Other Types
2) By Distribution Channel: Online, Offline
3) By End User: Building and Construction, Transportation, Marine, Automotive, Wind Energy, Electrical and Electronics, Other End Users
Subsegments:
1) By One Component: Heat-Curable One Component Epoxy, Moisture-Curable One Component Epoxy
2) By Two Component: Epoxy Resin And Hardener Systems, Fast-Curing Two Component Epoxy, Slow-Curing Two Component Epoxy
3) By Other Types: Conductive Epoxy Adhesives, Structural Epoxy Adhesives, Acrylic-Modified Epoxy Adhesives
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What Are the Primary Drivers Shaping the Epoxy Adhesives Market?
The anticipated upsurge in urbanization is predicted to boost the expansion of the epoxy adhesive industry in the future. Urbanization denotes the demographic shift of people relocating to urban areas, leading to population growth in cities and an enlargement of urban regions primarily due to the migration from rural to urban territories. The accelerated urban growth can propel the demand for epoxy adhesives, which find applications within the realms of building and construction, automotive and transportation, marine, electrical, and electronics sectors. For example, The World Bank, a US-based international financial institution providing loans and grants to low- and middle-income countries for capital projects, projects that in 2022 over 50% of the global population will be residing in cities. This urban population is expected to more than double to 6 billion by 2045. Consequently, the swift urbanization within the context of the epoxy adhesive sector is predicted to drive the development of the epoxy adhesive market.
Which Companies Are Leading in the Epoxy Adhesives Market?
Major companies operating in the epoxy adhesives market include 3M Company, Ashland Inc., Bostik SA, H B Fuller Company, Henkel AG, Mapei SPA, Sika AG, DuPont de Nemours Inc., Permabond LLC, Lord Corporation, Illinois Tool Works Incorporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, RPM International, Huntsman Corporation, Hubei Huitian New Materials Co. Ltd. Parker Hannifin Corp, Panacol-Elosol GmbH, Parson Adhesives Inc., The Dow Chemical Company, Uniseal Inc., Weicon GmBH & Co., Hernon Manufacturing Inc., Masterbond Inc., Pidilite Industries Limited, Helmitin Adhesives, Hexcel Corporation, Arkema Group, Jowat Corporation, Flamemaster Corporation, Collano AG, Benson Polymers Limited., Adhesives Technology Corporation, Alteco Chemical Pte Ltd., Chemence Inc., Dymax Corporation, Epoxy Technology, ITW Polymers Adhesives, J-B Weld Company, Kukdo Chemical Co. Ltd., L&L Products, Resin Designs LLC, SCIGRIP Smarter Adhesive Solutions
What Are the Major Trends Shaping the Epoxy Adhesives Market?
Advancements in technology are becoming increasingly significant in the epoxy adhesives market, with top companies focusing on the development of new and innovative offerings to maintain and boost their market standing. As an illustration, in June 2022, Toyo-Morton Ltd., a laminating adhesives manufacturer from Japan, unveiled a new range of laminating adhesives that are food-safe and free from epoxy silanes and organic tin compounds. The revised portfolio includes the solvent-based TOMOFLEX and the solvent-free ECOAD family, both suitable for a myriad of uses in multilayer flexible packaging such as dry food, liquid pouches, and high-performance retorts. Epoxy silane is often utilized as a bonding booster in multilayer flexible packaging structures to enhance the bond among layers and extend the product shelf life.
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What Are the Top Revenue-Generating Geographies in the Epoxy Adhesives Market?
Asia-Pacific was the largest region in the epoxy adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the epoxy adhesives market during the forecast period. The regions covered in the epoxy adhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Epoxy Adhesives Market?
2. What is the CAGR expected in the Epoxy Adhesives Market?
3. What Are the Key Innovations Transforming the Epoxy Adhesives Industry?
4. Which Region Is Leading the Epoxy Adhesives Market?
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