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Anaerobic Adhesives Market Size

Report ID: GMI7383
Published Date: Nov 2023
Report Format: PDF

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Anaerobic Adhesives Market Size

Anaerobic Adhesives Market was valued at around USD 641.5 million in 2022 and is projected to grow at a CAGR of over 5.6% between 2023 and 2032. There is increased demand for anaerobic adhesives in automotive, electronics and aircraft applications that are driven by better performance bonds.

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In addition, more emphasis on light and high-performance materials in manufacturing process also support upsurge of the market demand. Added on this, the growth in microelectronics creates additional need for anaerobic adhesives among others, making the Asia pacific region quite a potential market contributor

Anaerobic Adhesives Market Report Attributes
Report Attribute	Details
Base Year:	2022
Anaerobic Adhesives Market Size in 2022:	USD 641.5 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.6%
2032 Value Projection:	USD 1.10 Billion
Historical Data for:	2018 – 2022
No. of Pages:	180
Tables, Charts & Figures:	246
Segments covered:	Product Type, Adhesive Type, Substrate Type, End-user Industry and Region
Growth Drivers:	Growing demand in the automotive industry. Increased usage in electronics manufacturing. Focus on lightweight and high-performance materials.
Pitfalls & Challenges:	Sensitivity to environmental factors and substrates.

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Sensitivity to environmental factors and substrates can limit the effectiveness of anaerobic adhesives, as they require specific conditions for curing and bonding, making them less versatile in certain applications.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for anaerobic adhesives was valued at around USD 641.5 million in 2022 and is estimated to reach USD 1,106.2 million by the end of 2032, backed by its usage in automotive, electronics and aircraft applications for better performance bonds.

Manufacturing segment held a dominant market share of around 37% in 2022 and is expected to grow at a lucrative pace by 2032 owing to the growing demand for lightweight and high-performance materials in the sector.

U.S. anaerobic adhesives industry share was USD 154.2 million in 2022 and is anticipated to expand at a significant pace through 2023-2032 owing to the growing electric vehicle assembly and sustainability initiatives across the region.

Henkel AG & Co. KGaA, H.B. Fuller, 3M Company, Illinois Tool Works Inc., Permabond Engineering Adhesives, Cyberbond LLC, ThreeBond Holdings Co., Ltd., Parson Adhesives, Inc., DELO Industrial Adhesives, Royal Adhesives & Sealants, LLC, Anabond Limited, Hernon Manufacturing, Inc., LORD Corporation, Chemence Ltd., and RS Industrial, Inc.