Thermoset Adhesives Market size was valued at USD 5.2 Billion in 2024 and is projected to reach USD 8.4 Billion by 2033, exhibiting a CAGR of 6.5% from 2026 to 2033.
The global thermoset adhesives market has exhibited steady growth, with a valuation of USD 701 million in 2023 and a projected increase to USD 1,026.7 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.8% during the forecast period. Regionally, North America and Europe have maintained significant market shares, driven by robust automotive and electronics industries. However, the Asia Pacific region, particularly China and Japan, is experiencing the fastest growth rate, attributed to the booming automotive and electronics manufacturing sectors in these countries.
Opportunities within the thermoset adhesives market are expanding, particularly in the automotive industrys shift towards lightweight and fuel efficient vehicles, which drives the demand for high performance adhesives. Similarly, the electronics and aerospace sectors are adopting these adhesives for their exceptional heat resistance and durability. Despite this positive outlook, challenges such as price fluctuations in raw materials and stringent environmental regulations necessitate continuous innovation and adaptation within the industry.
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Bostik
H.B. Fuller
RELTEK
Henkel Adhesives
LORD Corporation
Ellsworth Adhesives
Master Bond Inc
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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 Thermoset Adhesives Market
Aerospace
Automotive
Construction
Electronics
Medical Devices
Epoxy-based Adhesives
Polyurethane-based Adhesives
Acrylic-based Adhesives
Phenolic-based Adhesives
Others
Liquid Adhesives
Paste Adhesives
Powder Adhesives
Film Adhesives
Bonding
Sealing
Coating
Surface Protection
Heat Curing
UV Curing
Moisture Curing
Two-part Systems
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 Thermoset 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 Thermoset Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermoset Adhesives Market, By Type
6. Global Thermoset Adhesives Market, By Application
7. Global Thermoset Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thermoset Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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