Instant Adhesives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Instant Adhesives Market Analysis
The market for instant adhesives is expected to register a CAGR of more than 5% during the forecast period.
- The increasing need for instant bonding for various applications and growing demand from the electronics industry are driving the market growth.
- Instant adhesives are poor solvents and possess low-temperature resistance, which may hinder the market growth.
Instant Adhesives Market Trends
This section covers the major market trends shaping the Instant Adhesive Market according to our research experts:
Growing Demand from Automation Applications:
- Instant adhesives are majorly used for instant bonding purposes on paper, plastics, rubber, metals, and glass. Instant adhesives find their applications in small repairings, woodworks, assembly applications, coil termination, automation, and electronics, among others.
- Cyanoacrylate adhesives are non-flammable and eco-friendly, and these are very easy to use in maintenance repair shops and automated dispensing systems in assembling various products.
- In the automobile industry, instant adhesives are being used on door handle parts, tail lamp decorations, rubber on window frames, spark-plug lead covers, and dashboard leather.
- Automation instrumentation is being used in the manufacturing of electronics. In the electronics manufacturing sector, buttons on CD/DVD players, magnetic heads, washing machine's rubber vibration isolators, and gaskets in vacuum cleaners are using instant adhesives for better bonding.
- Increasing applications for automation are fueling the demand for instant fixing adhesives, which may drive the market for instant adhesives through the coming years.
Asia-Pacific to Dominate the Market
- Asia-Pacific is expected to dominate the overall market, owing to the highly developed automation and electronics sectors, coupled with the continuous investments done in the region to advance the automobile sector through the years.
- Moreover, instant adhesives are being used to bond various materials in electronics, due to their properties. Instant adhesives can withstand temperatures until 120 °C, and they have high bonding strength and chemical resistance, as well as high electrical insulation capacity.
- Instant adhesives are gaining demand from woodworking, medical devices, cosmetic packages, toys, lighting fixtures, motors, generators, compressors, and filters, as well as from household appliances. The demand for these applications from China has been increasing due to the aforementioned end-user industries.
- According to the Organisation Internationale des Constructeurs d'Automobiles, Asia-Pacific led the global automobile production in recent years. China has a large number of automobile manufacturing plants and the Asia-Pacific region produced more vehicles than any other region in 2019.
- Increasing applications in medical devices and the growing usage of automation and electronic components are expected to drive the market for instant adhesives during the forecast period.
Instant Adhesives Industry Overview
The instant adhesive market is fragmented in nature, with many players competing in the market. Some of the major companies are 3M, Henkel AG & Co. KGaA, Pidilite Industries Limited, Huntsman International LLC, and H.B. Fuller.
Instant Adhesives Market Leaders
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3M
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Henkel AG & Co. KGaA
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Pidilite Industries Limited
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Huntsman International LLC
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H.B. Fuller
*Disclaimer: Major Players sorted in no particular order
Instant Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Need for Instant Bonding
- 4.1.2 Growing Demand from Electronics Industry
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4.2 Restraints
- 4.2.1 Poor Solvent and Temperature Resistance
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Substrate
- 5.1.1 Metal
- 5.1.2 Plastics
- 5.1.3 Glass
- 5.1.4 Wood
- 5.1.5 Other Substrates
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5.2 Chemical Reaction
- 5.2.1 Cyanoacrylate Adhesives
- 5.2.2 Epoxy Adhesives
- 5.2.3 Other Adhesives
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5.3 Application
- 5.3.1 Electronics
- 5.3.2 Wood and Veneer
- 5.3.3 Industrial
- 5.3.4 Transportation
- 5.3.5 Other Applications
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 France
- 5.4.3.4 Italy
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 H.B. Fuller
- 6.4.4 Henkel AG & Co. KGaA
- 6.4.5 Huntsman International LLC
- 6.4.6 Pidilite Industries Limited
- 6.4.7 Master Bond
- 6.4.8 PANACOL Industrial Adhesives
- 6.4.9 Toagosei Co. Ltd
- 6.4.10 Sika AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Demand from Automation Applications
- 7.2 Other Opportunities
Instant Adhesives Industry Segmentation
The scope of the instant adhesive market report includes:
Substrate | Metal | |
Plastics | ||
Glass | ||
Wood | ||
Other Substrates | ||
Chemical Reaction | Cyanoacrylate Adhesives | |
Epoxy Adhesives | ||
Other Adhesives | ||
Application | Electronics | |
Wood and Veneer | ||
Industrial | ||
Transportation | ||
Other Applications | ||
Geography | Asia-Pacific | China |
India | ||
Japan | ||
South Korea | ||
Rest of Asia-Pacific | ||
Geography | North America | United States |
Canada | ||
Mexico | ||
Geography | Europe | Germany |
United Kingdom | ||
France | ||
Italy | ||
Rest of Europe | ||
Geography | South America | Brazil |
Argentina | ||
Rest of South America | ||
Geography | Middle-East and Africa | Saudi Arabia |
South Africa | ||
Rest of Middle-East and Africa |
Instant Adhesives Market Research FAQs
What is the current Instant Adhesive Market size?
The Instant Adhesive Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Instant Adhesive Market?
3M, Henkel AG & Co. KGaA , Pidilite Industries Limited, Huntsman International LLC and H.B. Fuller are the major companies operating in the Instant Adhesive Market.
Which is the fastest growing region in Instant Adhesive Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Instant Adhesive Market?
In 2024, the Asia Pacific accounts for the largest market share in Instant Adhesive Market.
What years does this Instant Adhesive Market cover?
The report covers the Instant Adhesive Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Instant Adhesive Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Instant Adhesive Industry Report
Statistics for the 2024 Instant Adhesive market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Instant Adhesive analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.