North America Automotive Adhesives & Sealants Market Size

The North American automotive adhesives and sealants market is experiencing growth, driven by the increasing adoption of polyurethane resins, which hold the largest market share due to the region's extensive production facilities. The market's expansion is further supported by the rising demand for sustainable solutions in the automotive industry, particularly with the growth of electric vehicle production. This shift is leading to a higher usage of adhesives for electronic component assembly. The United States dominates the market due to its significant automotive production capacity. The trend of using adhesives for bonding instead of traditional methods like welding is also contributing to the market's growth, as automakers seek to reduce vehicle weight and improve fuel efficiency.

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Market Size of north america automotive adhesives & sealants Industry

North America Automotive Adhesives & Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 1.27 Billion
svg icon Market Size (2028) USD 1.58 Billion
svg icon Largest Share by Resin Polyurethane
svg icon CAGR (2024 - 2028) 5.51 %
svg icon Largest Share by Country United States

Major Players

North America Automotive Adhesives & Sealants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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North America Automotive Adhesives & Sealants Market Analysis

The North America Automotive Adhesives & Sealants Market size is estimated at 1.27 billion USD in 2024, and is expected to reach 1.58 billion USD by 2028, growing at a CAGR of 5.51% during the forecast period (2024-2028).

1.27 Billion

Market Size in 2024 (USD)

1.58 Billion

Market Size in 2028 (USD)

0.67 %

CAGR (2017-2023)

5.51 %

CAGR (2024-2028)

Largest Market by Technology

39.15 %

value share, Reactive, 2023

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In North America, reactive technology has registered the highest market share due to its wide applications for assembling, repairing, thread-locking, and others in the automotive industry.

Largest Market by Resin

26.39 %

value share, Polyurethane, 2023

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Polyurethane resins have the largest share owing to their wide applications as adhesives and sealants in the automotive industry, specifically for both interior and exterior applications.

Largest Market by Country

66.69 %

value share, United States, 2023

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The United States has dominated the market, owing to the huge manufacturing operations along with the demand for electric vehicles in the country.

Fastest Growing Market by Country

8.90 %

Projected CAGR, Mexico, 2024-2028

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With the increasing manufacturing and assembly operations, along with the rising demand for automotive exports from the country. Mexico is forecasted to be the fastest-growing country in the coming years.

Leading Market Player

30.04 %

market share, Henkel AG & Co. KGaA, 2021

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Henkel is the leading automotive adhesives and sealants producer in the region, delivering high-performance solutions to meet the changing demand of the automotive industry.

Adoption of sustainability in the automotive industry to create upswings for the market growth

  • In the North American automotive adhesives and sealants market, polyurethane resins cover the largest share. The usage of polyurethane adhesive in North America is higher than other resins. The main reason behind this factor is that the region includes production facilities to a large extent. From 2017 to 2019, the consumption growth rate reduced steadily and recorded about -3%, and this is due to the reduction in automotive production. After the pandemic, consumption leads to a growth of 3%. Polyurethane adhesives are registering a CAGR of 3.1% between 2022 to 2028.
  • On the other hand, epoxy and acrylic adhesives also show their great presence in the automotive adhesives market. However, for epoxy, the upcoming year could be a great challenge as the raw materials used to produce epoxy adhesives are hazardous in nature and, thus, are getting regulated by the US government. Epoxy adhesive is the second largest consumed material, with a CAGR of about 3.14% from 2022 to 2028. Epoxy adhesives are followed by acrylic adhesives, which register a CAGR of about 3.01% between 2022 to 2028.
  • Adhesives, such as cyanoacrylate and silicone sealants, are on a booming trend. The adoption of sustainability in the automotive industry is getting increased widely, and EV production is increasing to a large extent. Owing to this, the usage of these adhesives for electronic component assembly is increasing, which, as a result, may lead to increased demand in the coming years. Cyanoacrylate and silicone adhesives recorded a CAGR of above 2.5% in terms of volume during the forecast period (2022-2028).
North America Automotive Adhesives & Sealants Market

Growing trend of 'bonding instead of welding' to significantly contribute to the demand for automotive adhesives

  • The North American automotive adhesives and sealants market is dominated by the United States due to the huge automotive production capacity of the country. The United States ranks 2nd globally in automotive production, with 9.17 million produced in 2021, whereas Mexico produced 3.1 million units and Canada produced 1.1 million units.
  • The growing trend of 'bonding instead of welding' has significantly contributed to the demand generated for automotive adhesives and sealants in the region. As automakers are always innovating to make vehicles lighter to save fuel and reduce CO2 emissions, usage of adhesives for plastic roofs, bumpers, or crash-relevant parts - bonded joints became an effective alternative to traditional joining procedures, such as screws, rivets, or welding.
  • Polyurethane-based adhesives and sealants are most commonly used in the automotive industry in the North American region occupying a share of 26.3% in 2021 due to their flexibility, like wide operating temperature range, heat cured and moisture cured, and paintability. Epoxy adhesives and sealants are the second most commonly used among other resin types, with a share of 21.5% in 2021 because of the stronger metal-to-metal bonding property.
  • In 2028, the share of acrylic adhesives in the North American region is expected to grow up to 20% from 16% in 2021 due to their ability to bind to plastic and composite materials to lighten the weight of vehicles and applicability in battery assembly operations.

North America Automotive Adhesives & Sealants Industry Segmentation

Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Canada, Mexico, United States are covered as segments by Country.

  • In the North American automotive adhesives and sealants market, polyurethane resins cover the largest share. The usage of polyurethane adhesive in North America is higher than other resins. The main reason behind this factor is that the region includes production facilities to a large extent. From 2017 to 2019, the consumption growth rate reduced steadily and recorded about -3%, and this is due to the reduction in automotive production. After the pandemic, consumption leads to a growth of 3%. Polyurethane adhesives are registering a CAGR of 3.1% between 2022 to 2028.
  • On the other hand, epoxy and acrylic adhesives also show their great presence in the automotive adhesives market. However, for epoxy, the upcoming year could be a great challenge as the raw materials used to produce epoxy adhesives are hazardous in nature and, thus, are getting regulated by the US government. Epoxy adhesive is the second largest consumed material, with a CAGR of about 3.14% from 2022 to 2028. Epoxy adhesives are followed by acrylic adhesives, which register a CAGR of about 3.01% between 2022 to 2028.
  • Adhesives, such as cyanoacrylate and silicone sealants, are on a booming trend. The adoption of sustainability in the automotive industry is getting increased widely, and EV production is increasing to a large extent. Owing to this, the usage of these adhesives for electronic component assembly is increasing, which, as a result, may lead to increased demand in the coming years. Cyanoacrylate and silicone adhesives recorded a CAGR of above 2.5% in terms of volume during the forecast period (2022-2028).
Resin
Acrylic
Cyanoacrylate
Epoxy
Polyurethane
Silicone
VAE/EVA
Other Resins
Technology
Hot Melt
Reactive
Sealants
Solvent-borne
UV Cured Adhesives
Water-borne
Country
Canada
Mexico
United States
Rest of North America
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North America Automotive Adhesives & Sealants Market Size Summary

The North America Automotive Adhesives and Sealants Market is poised for significant growth, driven by the increasing demand for lightweight and fuel-efficient vehicles. The market is characterized by a strong preference for polyurethane resins, which dominate due to their flexibility and adaptability in various automotive applications. The shift towards bonding instead of traditional welding methods has further propelled the use of adhesives, as automakers seek to reduce vehicle weight and improve fuel efficiency. The market is also witnessing a rising trend in the adoption of cyanoacrylate and silicone sealants, particularly with the growing emphasis on sustainability and the production of electric vehicles (EVs). These trends are expected to bolster the market's expansion over the forecast period.

The market landscape is fairly consolidated, with major players like 3M, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC, and Sika AG holding significant shares. The United States leads the market due to its substantial automotive production capacity, followed by Mexico and Canada. The market's growth is further supported by strategic developments, such as acquisitions and expansions by key companies, aimed at enhancing production capabilities and meeting the rising demand for high-performance adhesives. The increasing production and adoption of EVs in North America present a lucrative opportunity for the adhesives market, as these vehicles require advanced bonding solutions for electronic component assembly.

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North America Automotive Adhesives & Sealants Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 Resin

      1. 1.1.1 Acrylic

      2. 1.1.2 Cyanoacrylate

      3. 1.1.3 Epoxy

      4. 1.1.4 Polyurethane

      5. 1.1.5 Silicone

      6. 1.1.6 VAE/EVA

      7. 1.1.7 Other Resins

    2. 1.2 Technology

      1. 1.2.1 Hot Melt

      2. 1.2.2 Reactive

      3. 1.2.3 Sealants

      4. 1.2.4 Solvent-borne

      5. 1.2.5 UV Cured Adhesives

      6. 1.2.6 Water-borne

    3. 1.3 Country

      1. 1.3.1 Canada

      2. 1.3.2 Mexico

      3. 1.3.3 United States

      4. 1.3.4 Rest of North America

North America Automotive Adhesives & Sealants Market Size FAQs

The North America Automotive Adhesives & Sealants Market size is expected to reach USD 1.27 billion in 2024 and grow at a CAGR of 5.51% to reach USD 1.58 billion by 2028.

In 2024, the North America Automotive Adhesives & Sealants Market size is expected to reach USD 1.27 billion.

North America Automotive Adhesives & Sealants Market Report Snapshots

North America Automotive Adhesives & Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028