Elastic Adhesives Market size was valued at USD 5.2 Billion in 2024 and is forecasted to grow at a CAGR of 6.2% from 2026 to 2033, reaching USD 8.7 Billion by 2033.
In 2022, the global elastic adhesives market was valued at approximately $15.81 billion, with a compound annual growth rate (CAGR) of 6.4% projected for the period 2023 to 2028, reaching around $23 billion by 2028. Regionally, Asia Pacific dominated the market, accounting for about 40% of the total revenue, driven by rapid industrialization and growth in the construction and automotive sectors. North America contributed 25% to the market, supported by robust automotive and construction industries. Europe held a 20% share, with significant contributions from countries like Germany, France, and the United Kingdom. Latin America and the Middle East & Africa accounted for 8% and 7% of the market, respectively.The Asia Pacific region is expected to continue its dominance, with a projected CAGR of 7.5% during the forecast period, fueled by increasing demand in the construction and automotive industries, particularly in China, Japan, India, and Indonesia. North America and Europe are also anticipated to experience steady growth, with CAGRs of 4.5% and 4.4%, respectively, driven by technological advancements and a focus on sustainable building practices. Emerging markets in Latin America and the Middle East & Africa present opportunities for expansion, attributed to urbanization and infrastructure development.
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Henkel
Sika
Arkema
DOW Chemical
3M
H.B. Fuller
Wacker Chemie
Weicon
Threebond
Cemedine
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Elastic Adhesives Market
Water-based Elastic Adhesives
Solvent-based Elastic Adhesives
Hot-Melt Elastic Adhesives
Reactive Adhesives
Pressure-Sensitive Adhesives
Construction
Aerospace
Automotive
Consumer Goods
Packaging
Manual Application
Automated Application
Spray Application
Dispense Application
Extrusion Application
Chemical Composition
Physical Properties
Environmentally Friendly Adhesives
Technological Advancements
Nanotechnology in Adhesives
Polyurethane-based Adhesives
Silicone-based Adhesives
Epoxy-based Adhesives
Natural Rubber-based Adhesives
Synthetic Rubber-based Adhesives
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Elastic Adhesives Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Elastic Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Elastic Adhesives Market, By Type
6. Global Elastic Adhesives Market, By Application
7. Global Elastic Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Elastic Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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