China Adhesives Market Size

China Adhesives Market Analysis

The China Adhesives Market size is estimated at 13.16 billion USD in 2024, and is expected to reach 16.90 billion USD by 2028, growing at a CAGR of 6.45% during the forecast period (2024-2028).

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13.16 Billion

Market Size in 2024 (USD)

16.90 Billion

Market Size in 2028 (USD)

5.27 %

CAGR (2017-2023)

6.45 %

CAGR (2024-2028)

Largest Market by End-user Industry

25.09 %

value share, Packaging, 2023

The packaging industry holds the largest share of the market owing to its widespread applications, including labels, tapes, carton sealing, joining, and labeling.

Fastest Growing Market by End-user Industry

8.70 %

Projected CAGR, Automotive, 2024-2028

The aerospace industry has registered as the fastest end-user segment in the market owing to the rapid expansion of general and military aviation in the domestic market.

Largest Market by Technology

39.87 %

value share, Water-borne, 2023

Waterborne technology, an eco-friendly and economically viable solution, has obtained a major share of the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.

Largest Market by Resin

25.71 %

value share, Polyurethane, 2023

Polyurethane adhesives have the largest share owing to their wide applications in building construction, woodworking, and automotive industries, specifically for exterior applications.

Leading Market Player

3.64 %

market share, H.B. Fuller Company, 2021

H.B. Fuller is the leading adhesives manufacturer in the Chinese adhesives market, which can be attributed to its large product portfolio for different industrial applications and the strong presence of local distribution channels.

Emerging construction market and evolving trend of flexible packaging expected to boost the consumption of adhesives in China

China Adhesives Industry Segmentation China Adhesives Industry Segmentation

Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery are covered as segments by End User Industry. Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin.

• Adhesives in China are categorized according to their application. Construction and packaging are the most important consumers in the country, accounting for roughly 54% of total adhesive users, owing to China's fastest-developing industries. China's adhesives consumption declined in 2020 due to the impact of COVID-19. In terms of volume, demand declined by approximately 8% in the same year as in 2019. The country's lockdown for around half a year, which prompted production facilities to shut down, and personnel unavailability are two of the primary reasons for the reduction in adhesives production and consumption in China.
• Before the establishment of New China, the packaging industry failed to keep pace, but the situation immediately and fully altered with the establishment of New China. China's packaging industry has advanced from tiny to huge and weak to strong, creating a fully modern packaging system and becoming the world's packaging power. The number of companies over the required size in China's packaging sector reached about 8,831 in 2021, an increase of 648 from 2020.
• China is the world's largest construction market, with an annual average growth rate of 8.6% projected between 2022 and 2030. However, it is heavily leveraged, and the government is enacting efforts to wean the economy off its reliance on land sales. At the same time, the sector is being impacted by an aging population and a general economic slump. Recent design and building trends in China emphasize local communities, younger people, and culturally relevant projects. All such factors tend to increase the demand for adhesives in the country.