Epoxy Adhesives Industry Growth Outlook: 6.3% CAGR and $11.78 Billion by 2029

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What Is the Long-Term Growth Forecast for the Epoxy Adhesives Market Size 2025?
The dimension of the epoxy adhesives market has been continuously increasing over the recent years. The market size will escalate from $8.81 billion in 2024 to $9.22 billion in 2025, boasting a compound annual growth rate (CAGR) of 4.7%. The surge in growth during the historic period can be credited to the expansion in industrial and construction sectors, need for repair and maintenance, increasing demand for consumer electronics, adoption of automotive lightweighting, and implementation of smart manufacturing.

What CAGR is Forecasted for the Epoxy Adhesives Market Through 2029?
Significant expansion is anticipated for the epoxy adhesives market in the coming years, with projections indicating a size of $11.78 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. Factors that are predicted to drive this growth within the forecast period include considerations for the environment and sustainability, rise in electric vehicle production, developments in renewable energy infrastructure, expansion in the aerospace industry, and advancements in composite materials. Key trends for the forecast period include innovation in technology, eco-friendly formulations, the advent of bio-based epoxy adhesives, a shift towards miniaturization and microelectronics, and the emergence of hybrid epoxy systems.

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What Are the Critical Factors Driving Epoxy Adhesives Market Development?
The surge in urbanization is anticipated to drive the expansion of the epoxy adhesive market. Urbanization refers to the increase in urban populations as more individuals migrate from rural areas to cities. This shift from rural to urban living results in not only an increase in city populations, but also an expansion of urban regions. Factors such as these are likely to stimulate the growth of epoxy adhesives, given their widespread use in sectors like the building and construction, automotive and transportation, marine, electrical, and electronics industries. For example, predictions from The World Bank, a US-based international financial entity that furnishes loans and grants to low- and middle-income countries for capital projects, indicate that over 50% of the world's population will live in cities by 2022. Furthermore, the urban population is expected to more than double, reaching 6 billion by 2045. Thus, the growth of urbanization within the scope of epoxy adhesives is anticipated to spur the expansion of the epoxy adhesive market.

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How Does the Epoxy Adhesives Market Break Down Across Major 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

What Are the Major Trends Transforming the Epoxy Adhesives Industry?
The major trend emerging in the epoxy adhesives market is the emphasis on technological innovation. Companies in this sector are concentrating on creating novel products to preserve and boost their market share. To illustrate, Toyo-Morton Ltd., a firm based in Japan that manufactures laminating adhesives, unveiled a portfolio of food-friendly laminating adhesives without epoxy silanes and organic tin compounds in June 2022. The updated collection includes the solvent-based TOMOFLEX and the solvent-free ECOAD family of laminating adhesives, suitable for various multilayer flexible packaging applications, such as dry food, liquid pouches, and high-performance retorts. Epoxy silane is often used as an adhesion booster in multilayer flexible packaging structures, enhancing the bond between layers and extending the product's shelf life.

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Which Players Are Driving Innovation 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

Which Regions Are Driving Global Epoxy Adhesives Market Expansion?
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.

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