Frequently Asked Questions
The global structural adhesives market was valued at USD 21.3 Billion in 2022.
The structural adhesives market is anticipated to grow at a CAGR of 6.3% between 2023 and 2030, reaching USD 32.66 Billion in 2030.
Metal is the leading segment by substrate, holding over 32% share in terms of value in 2022.
The building & construction segment governs the demand for structural adhesives worldwide, holding a massive share of over 36.5% in 2022.
The solvent-based segment will post the highest CAGR over the forecast period.
Asia Pacific is fuelling the rapid growth of the structural adhesives industry, with an over one-third share in 2022.
The top players include Ashland Global Holdings Inc, H.B. Fuller, Sika AG, and Uniseal Inc. Other major players include DuPont, Henkel Ag & Co. KGAA, Lord Corporation, and The 3M Company.
The major market drivers of the structural adhesives industry are the increasing demand for lightweight and durable materials in various end-use sectors, such as automotive, aerospace, and construction, along with the growing adoption of structural bonding solutions for improved product performance and manufacturing efficiency.
The major market restraints of the structural adhesives industry include regulatory challenges and compliance requirements, high initial costs associated with advanced adhesive technologies, and the limited compatibility of certain adhesives with specific substrates and environmental conditions.
The major market opportunities of the structural adhesives industry are the growing focus on energy-efficient and sustainable solutions, the expanding applications in emerging industries like renewable energy and electric vehicles, and the increasing demand for structural bonding solutions in lightweight and composite materials.