Acrylic Adhesives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Acrylic Polymer Emulsion, Cyanoacrylate Adhesive, Methacrylic Adhesives, Others), By Technology (Water Based, Solvent Based, Reactive), By Application (Packaging, Construction, Wood & Furniture, Consumer Goods, and Others), By Region, and Competition 2018-2028

  • Industry : Chemicals
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Summary

Report Description

Global Acrylic Adhesives Market is anticipated to grow appreciably in the forecast period 2028 due to growing people’s preference towards healthy foods. According to the United Nations COMTRADE database, global imports of acrylic adhesives were valued at USD 6.8 billion in 2019, with the United States being the largest importer, accounting for 20% of global imports.

The acrylic adhesives market is a rapidly growing segment of the adhesives industry. Acrylic adhesives are polymer-based adhesives that are used in a wide range of applications, including automotive, construction, and electronics. They are known for their strong bonding capabilities, excellent weatherability, and resistance to chemicals and UV radiation. As a result, they are increasingly replacing traditional adhesives like epoxies and polyurethanes in many applications. The automotive segment is the largest application segment for acrylic adhesives, accounting for over 30% of the market share for acrylic adhesives manufacturer.  Acrylic adhesives are used in various applications in the automotive industry, including structural bonding, panel bonding, and sealing. They offer several advantages over traditional adhesives, including faster cure times, higher strength, and better adhesion to a wide range of substrates.

The construction segment is the second-largest application segment for acrylic adhesives, accounting for over 20% of the market share. Acrylic adhesives are used in various construction applications, including roofing, flooring, and insulation. They offer several advantages over traditional adhesives, including higher weatherability and resistance to chemicals and UV radiation. The electronics segment is also a rapidly growing application segment for acrylic adhesives. Acrylic adhesives are used in various electronics applications, including bonding and sealing of electronic components. They offer several advantages over traditional adhesives, including higher thermal stability and resistance to chemicals and UV radiation. Therefore, the demand for the global acrylic adhesives market is expected to rise in the projected period.

Rising Demand of the Automotive Industry is a Market Propelling Factor for Acrylic Adhesives

Acrylic adhesives are used in various applications in the automotive industry, including structural bonding, panel bonding, and sealing. Structural bonding is used to join parts of the vehicle's body, such as the roof, doors, and trunk. Panel bonding is used to bond panels to the vehicle's body, such as the hood and fenders. Sealing is used to prevent water, dust, and noise from entering the vehicle's interior.

Acrylic adhesives offer several benefits in automotive applications such as lighter weight, higher strength, better adhesion, resistance to harsh environments, and faster cure times. Acrylic adhesives are lighter in weight than traditional adhesives, which makes them ideal for use in automotive applications where weight reduction is critical. Acrylic adhesives offer higher strength than traditional adhesives, which improves the overall structural integrity of the vehicle. Acrylic adhesives can adhere to a wide range of substrates, including metal, plastic, and composites, which makes them suitable for use in a variety of automotive applications. Acrylic adhesives have faster cure times than traditional adhesives, which reduces the overall production time of the vehicle.  Acrylic adhesives are resistant to harsh environments, such as extreme temperatures, chemicals, and UV radiation, which makes them ideal for use in automotive applications in addition to acrylic adhesives manufacturer.

Hence, the automotive segment is expected to continue to drive the growth of the acrylic adhesives market. As the automotive industry continues to look for ways to improve vehicle performance and reduce weight, acrylic adhesives will continue to play an important role in the manufacturing process.

Soaring Demand from the Construction sector is a Market Propelling Factor for Acrylic Adhesives

The construction segment is one of the major application segments for acrylic adhesives. The construction industry is constantly looking for new and innovative materials that can improve the performance and durability of buildings. Acrylic adhesives offer several advantages over traditional adhesives in this regard, including higher weatherability, resistance to chemicals and UV radiation, and faster cure times. Acrylic adhesives are used in various construction applications, including roofing, flooring, and insulation. In roofing applications, acrylic adhesives are used to bond the roofing membrane to the substrate, providing a strong, waterproof seal. Acrylic adhesives are also used in flooring applications, where they are used to bond the flooring material to the substrate, providing a durable and long-lasting bond. In insulation applications, acrylic adhesives are used to bond insulation material to the substrate, providing a strong, airtight seal.

Acrylic adhesives offer several benefits in construction applications, including higher weatherability, resistance to chemicals, faster cure times, and improved durability. Acrylic adhesives are highly resistant to weathering and UV radiation, which makes them ideal for use in outdoor applications. Acrylic adhesives are highly resistant to chemicals, such as acids and bases, which makes them suitable for use in a variety of industrial and commercial settings. Acrylic adhesives have faster cure times than traditional adhesives, which reduces the overall construction time of the building. Acrylic adhesives provide a strong, durable bond that can withstand the stresses and strains of construction and environmental factors.

Therefore, the construction segment is expected to continue to drive the growth of the acrylic adhesives market. As the construction industry continues to look for new and innovative materials that can improve building performance and durability, acrylic adhesives will continue to play an important role in the construction process as acrylic adhesives manufacturer process it.

The electronics segment is one of the key application segments for acrylic adhesives. The electronics industry is constantly looking for new and innovative materials that can improve the performance and reliability of electronic components. Acrylic adhesives offer several advantages over traditional adhesives in this regard, including high adhesion strength, excellent electrical properties, and resistance to high temperatures and harsh chemicals.

Growing Demand of the Electronics Market is Going to Raise the Market Demand

Acrylic adhesives are used in various electronics applications, including bonding, sealing, and potting. In bonding applications, acrylic adhesives are used to bond electronic components to circuit boards or other substrates, providing a strong, durable bond. In sealing applications, acrylic adhesives are used to seal and protect electronic components from moisture, dust, and other contaminants. In potting applications, acrylic adhesives are used to encapsulate electronic components, providing protection against environmental factors and vibration. Acrylic adhesives offer several benefits in electronics applications, including high adhesion strength, excellent electrical properties, and resistance to high temperatures & harsh chemicals.

Acrylic adhesives have excellent adhesion strength, which makes them ideal for bonding electronic components to substrates. Acrylic adhesives have excellent electrical properties, such as high dielectric strength, which makes them ideal for use in electronic applications without breaking down at high temperatures.  Acrylic adhesives are highly resistant to high temperatures, which makes them suitable for use in high-temperature electronic applications.  Acrylic adhesives are highly resistant to harsh chemicals, such as solvents and acids, which makes them suitable for use in a variety of electronic applications.

Therefore, the electronics segment is expected to continue to drive the growth of the acrylic adhesives market. As the electronics industry continues to look for new and innovative materials that can improve the performance and reliability of electronic components, acrylic adhesives will continue to play an important role in the manufacturing process. Acrylic adhesives have been around for many years and are widely used in various applications such as automotive, construction, and electronics industries. However, the acrylic adhesive market is constantly evolving, and new developments are being made to improve the performance and properties of acrylic adhesives. 

Recent Developments

  • Henkel's Teroson MS 930: This is a new hybrid acrylic adhesive from Henkel that is designed for use in construction and other industrial applications. It is a one-component adhesive that provides high strength and excellent adhesion to a variety of substrates, including metals, plastics, and wood. The adhesive is resistant to weathering, UV radiation, and temperature extremes.
  • 3M's Scotch-Weld Acrylic Adhesive DP8425NS: It is a two-part structural adhesive from 3M that was launched in 2020. It is a high-performance adhesive designed for bonding metals, plastics, and composites. It provides high strength and durability, as well as resistance to impact, peel, and vibration. The adhesive has a fast cure time, which helps to increase production efficiency. It can also be used for bonding dissimilar substrates. Scotch-Weld Acrylic Adhesive DP8425NS is designed for use in transportation, aerospace, and other sectors. It offers excellent adhesion to a variety of substrates, including aluminum, steel, plastics, and composites.
  • Sika's SikaBond-T54 FC: It is a new product designed for flooring applications in the construction industry. This adhesive offers high adhesion strength, fast curing time, and low VOC emissions, making it an environmentally friendly option. The adhesive's unique formulation also allows for easy and precise application, resulting in a professional finish.
  • Ashland's Aroset™ 7001 PSA: It is a new product designed for pressure-sensitive adhesive applications in the label and tape industries. This adhesive offers excellent adhesion strength, low VOC emissions, and a long tack life, resulting in improved productivity and efficiency. The product's unique formulations also allow for easy processing and converting, making it an ideal choice for high-speed manufacturing operations.


 

Market Segmentation

Global acrylic adhesives market is segmented based on type, technology, application, and region. Based on type, the market is segmented into acrylic polymer emulsion, cyanoacrylate adhesive, methacrylic adhesives, and others. Based on technology, the market is categorized into water based, solvent based, and reactive.  Based on application, the market is divided into packaging, construction, wood & furniture, consumer goods, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa. 

Company Profiles

3M Company, Henkel AG & Company, Covestro LLC, Bostik SA, Sikka AG, HB Fuller Co, Huntsman Corp, Avery Dennison Corp, Pidilite Limited Industries, Royal Adhesives and Sealants LLC are some of the key players of the global acrylic adhesives market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Type

Technology

Application

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, France, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE

Key companies profiled

3M Company, Henkel AG & Company, Covestro LLC, Bostik SA, Sikka AG, HB Fuller Co, Huntsman Corp, Avery Dennison Corp, Pidilite Limited Industries, Royal Adhesives and Sealants LLC

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Report Scope:

In this report, global Acrylic Adhesives market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  •  Acrylic Adhesives Market, By Type:
    • Acrylic Polymer Emulsion
    • Cyanoacrylate Adhesive
    • Methacrylic Adhesives
    • Others
  • Acrylic Adhesives Market, By Technology:
    • Water Based
    • Solvent Based
    • Reactive
  •  Acrylic Adhesives Market, By Application:
    • Packaging
    • Construction
    • Wood & Furniture
    • Consumer Goods
    • Others
  • Acrylic Adhesives Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Acrylic Adhesives market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Acrylic Adhesives Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Acrylic Adhesives Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Acrylic Polymer Emulsion, Cyanoacrylate Adhesive, Methacrylic    Adhesives, Others)

5.2.2.     By Technology (Water Based, Solvent Based, Reactive)

5.2.3.     By Application (Packaging, Construction, Wood & Furniture, Consumer Goods, and Others)

5.2.4.     By Region (North America, Europe, Asia Pacific, South America, Middle East &            Africa)

5.2.5.     By Company (2022)

5.3.  Market Map

5.3.1.     By Type

5.3.2.     By Technology

5.3.3.     By Application

5.3.4.     By Region

6.    North America Acrylic Adhesives Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Technology

6.2.3.     By Application

6.2.4.     By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.     United States Acrylic Adhesives Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Type

6.4.1.2.2.             By Technology

6.4.1.2.3.             By Application

6.4.2.     Mexico Acrylic Adhesives Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Type

6.4.2.2.2.             By Technology

6.4.2.2.3.             By Application

6.4.3.     Canada Acrylic Adhesives Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Type

6.4.3.2.2.             By Technology

6.4.3.2.3.             By Application

7.    Europe Acrylic Adhesives Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Technology

7.2.3.     By Application

7.2.4.     By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.     France Acrylic Adhesives Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Type

7.4.1.2.2.             By Technology

7.4.1.2.3.             By Application

7.4.2.     Germany Acrylic Adhesives Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Type

7.4.2.2.2.             By Technology

7.4.2.2.3.             By Application

7.4.3.     United Kingdom Acrylic Adhesives Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Type

7.4.3.2.2.             By Technology

7.4.3.2.3.             By Application

7.4.4.     Spain Acrylic Adhesives Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Type

7.4.4.2.2.             By Technology

7.4.4.2.3.             By Application

7.4.5.     Italy Acrylic Adhesives Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Type

7.4.5.2.2.             By Technology

7.4.5.2.3.             By Application

8.    Asia-Pacific Acrylic Adhesives Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Technology

8.2.3.     By Application

8.2.4.     By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Acrylic Adhesives Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.2.2.             By Technology

8.4.1.2.3.             By Application

8.4.2.     India Acrylic Adhesives Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.2.2.             By Technology

8.4.2.2.3.             By Application

8.4.3.     South Korea Acrylic Adhesives Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.2.2.             By Technology

8.4.3.2.3.             By Application

8.4.4.     Japan Acrylic Adhesives Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Type

8.4.4.2.2.             By Technology

8.4.4.2.3.             By Application

8.4.5.     Australia Acrylic Adhesives Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Type

8.4.5.2.2.             By Technology

8.4.5.2.3.             By Application

9.    South America Acrylic Adhesives Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Technology

9.2.3.     By Application

9.2.4.     By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.     Brazil Acrylic Adhesives Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Type

9.4.1.2.2.             By Technology

9.4.1.2.3.             By Application

9.4.2.     Argentina Acrylic Adhesives Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Type

9.4.2.2.2.             By Technology

9.4.2.2.3.             By Application

9.4.3.     Colombia Acrylic Adhesives Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Type

9.4.3.2.2.             By Technology

9.4.3.2.3.             By Application

10.  Middle East and Africa Acrylic Adhesives Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Technology

10.2.3.  By Application

10.2.4.  By Country

10.3.              Pricing Analysis

10.4.              MEA: Country Analysis

10.4.1.  South Africa Acrylic Adhesives Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Type

10.4.1.2.2.           By Technology

10.4.1.2.3.           By Application

10.4.2.  Saudi Arabia Acrylic Adhesives Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Type

10.4.2.2.2.           By Technology

10.4.2.2.3.           By Application

10.4.3.  UAE Acrylic Adhesives Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Type

10.4.3.2.2.           By Technology

10.4.3.2.3.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Product Launches

12.2.              Merger’s & Acquisitions

12.3.              Technological Advancements

13.  Global Acrylic Adhesives Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (In Case of Listed Companies)

15.5.              Key Personnel

15.5.1.    3M Company

15.5.2.    Henkel AG & Company

15.5.3.    Covestro LLC

15.5.4.    Bostik SA

15.5.5.    Sikka AG

15.5.6.    HB Fuller Co

15.5.7.    Huntsman Corp

15.5.8.    Avery Dennison Corp

15.5.9.    Pidilite Limited Industries

15.5.10.  Royal Adhesives and Sealants LLC

16.  Strategic Recommendations

17.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Increasing demand from various end-use industries and the growing trend towards lightweight and high-performance materials are driving the growth of global acrylic adhesives market.

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3M Company, Henkel AG & Company, Covestro LLC, Bostik SA, Sikka AG, HB Fuller Co, Huntsman Corp, Avery Dennison Corp, Pidilite Limited Industries, Royal Adhesives and Sealants LLC are some of the key players of global Acrylic Adhesives market.

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Acrylic adhesives are a type of adhesive that is based on acrylic polymers that can be formulated to have a wide range of properties, including high strength, flexibility, and heat resistance.

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Acrylic Adhesives are widely used in a range of applications, including automotive, construction, electronics, packaging, and others.

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