North America Bonding Adhesive Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.7 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The North American bonding adhesive market is growing at an impressive rate, driven by the increasing demand across various industries for durable, reliable, and efficient bonding solutions. These adhesives are critical in sectors ranging from automotive to construction, packaging, and electronics, where they are used for bonding materials such as metals, plastics, glass, and wood.
In industries like automotive manufacturing, the need for bonding adhesives is vital due to their ability to replace traditional fastening methods such as welding and riveting. This reduces weight, increases fuel efficiency, and provides better protection against corrosion. The growing automotive sector in North America, particularly in electric vehicle production, further amplifies this demand. As electric vehicles (EVs) require lighter, stronger materials for battery housing and body parts, the role of advanced bonding adhesives becomes even more pronounced.
The construction industry also plays a significant role in the demand for bonding adhesives. With the trend towards energy-efficient buildings, adhesives that support insulation and enhance structural integrity are highly sought after. The shift towards sustainable construction methods and the growing focus on green building standards, including LEED certification, further boosts the adoption of eco-friendly bonding adhesives.
Packaging companies are increasingly opting for bonding adhesives due to their superior performance compared to traditional tapes or glues. With sustainability at the forefront of consumer and regulatory demands, adhesives that help reduce waste and improve packaging efficiency are in high demand.
Additionally, the electronics sector benefits greatly from bonding adhesives, particularly in the assembly of devices like smartphones, tablets, and wearables. These adhesives help with the precise bonding of delicate components and offer benefits like shock resistance, flexibility, and water resistance.
Overall, the North American bonding adhesive market is witnessing significant growth across multiple sectors due to the evolving requirements of industries demanding more reliable, efficient, and sustainable solutions. As these trends continue, the market for bonding adhesives in North America is expected to see further expansion.
North America Bonding Adhesive Market
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Henkel
H B Fuller Company
Ashland
Dymax Corporation
3M Company
Permabond Engineering Adhesives
Dow Chemical Company
Bohle Group
KIWO
ThreeBond Holdings
Sika
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 North America Bonding Adhesive Market
Furniture
Electronics
Transportation
Medical
Industrial Applications
Others
Based on Types the Market is categorized into Below types that held the largest Bonding Adhesive market share In 2023.
UV Curable Acrylate
Silicone
UV Curable Epoxy
Polyurethane
Others
North America (United States, North America 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 North America Bonding Adhesive 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. North America Bonding Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Bonding Adhesive Market, By Type
6. North America Bonding Adhesive Market, By Application
7. North America Bonding Adhesive Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Bonding Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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