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Solvent-Based Adhesives Market Driven By Demand For Lightweight Automobiles: A Significant Driver Propelling The Solvent-Based Adhesives Market In 2025
Solvent-Based Adhesives
What Is the Solvent-Based Adhesives Market Size and Projected Growth Rate?
The solvent-based adhesives market has shown strong growth in recent years. It will rise from $15.06 billion in 2024 to $15.93 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. Factors driving growth in this market include industrial uses, compatibility with a wide range of substrates, fast drying time, and long shelf life.
The solvent-based adhesives market will grow steadily, reaching $19.48 billion in 2029 at a CAGR of 5.2%. This growth will be fueled by automotive production, construction projects, electronics, and renewable energy development. Trends include hybrid adhesive technologies, resistance to high temperatures, specialized formulas, and packaging advancements.
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What Are the Major 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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What Are The Driving Solvent-Based Adhesives Market Evolution?
The solvent-based adhesives market is expected to benefit from the growing automobile manufacturing industry, especially with the increasing demand for lightweight vehicles. Solvent-based adhesives and sealants are used in place of traditional fasteners and welded joints to reduce weight, which is crucial in lightweight automobile production. This demand for lightweight automobiles will further stimulate the need for solvent-based adhesives.
Which Firms Dominate The Solvent-Based Adhesives Market Segments?
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 Trends Are Driving Growth in The Solvent-Based Adhesives Market?
Leading companies in the solvent-based adhesives market are innovating with products like Pearl Bond adhesive to boost revenue. Pearl Bond is a line of crystalline thermoplastic polyurethane (TPU) adhesives, used in the production of hot melt adhesives (HMAs) for various applications like footwear and automotive interiors. In April 2023, Pearl Polyurethane Systems LLC, a UAE-based company, launched this adhesive, which is highly resistant to microbial attack and offers a cost-effective solution for durable bonding in diverse industries.
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Which Is The Largest Region In 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Solvent-Based Adhesives Market?
2. What is the CAGR expected in the Solvent-Based Adhesives Market?
3. What Are the Key Innovations Transforming the Solvent-Based Adhesives Industry?
4. Which Region Is Leading the Solvent-Based Adhesives Market?
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