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. 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.
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.
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.