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Liquid Adhesives Market Trends

Report ID: GMI8599
Published Date: Mar 2024
Report Format: PDF

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Liquid Adhesives Market Trends

One prominent trend in the liquid adhesives industry is the increasing demand for environmentally friendly and sustainable adhesive solutions. With growing awareness of environmental issues and regulations promoting eco-friendly products, manufacturers are focusing on developing adhesives with lower VOC emissions, non-toxic formulations, and renewable or recyclable materials. This trend reflects a broader shift towards sustainable practices across industries and is driven by consumer preferences for products that minimize environmental impact. As a result, companies in the market are investing in research and development to innovate greener adhesive solutions and capitalize on the growing demand for sustainable alternatives.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of liquid adhesives reached USD 40.7 Billion in 2023 and is set to witness 3.3% CAGR between 2024 and 2032, backed by the growing construction sector, alongside the trend towards sustainable and eco-friendly construction materials.

Water-based segment accounted for USD 26.1 billion in 2023, owing to advantages over solvent-based alternatives, such as lower volatile organic compound (VOC) emissions, reduced toxicity, and improved workplace safety.

APAC market size held over USD 14 billion in 2023, driven by rapid industrialization, growing construction activities, and the expansion of automotive and electronics industries in the region.

3M Company, Avery Dennison Corporation, Beardow Adams, Bostik SA, DIC Corporation, Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, and Jowat SE among others.