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Epoxy Adhesives Market Report by Product Type (One-component, Two-component, and Others), Distribution Channel (Online, Offline), End Use Industry (Aerospace and Defense, Automotive, Marine, Electrical and Electronics, Construction, Energy and Power, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A6054
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Market Overview:
The global epoxy adhesives market size reached US$ 8.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.98% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 8.0 Billion |
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Market Forecast in 2032
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US$ 12.6 Billion |
| Market Growth Rate 2024-2032 | 4.98% |
Epoxy adhesives comprise epoxy resins and curing agents that are used to adhere or join surfaces together with a strong, permanent, and robust bond. They have high durability as epoxy adhesives maintain their resilience for an extended period. They do not melt when exposed to high temperatures as these adhesives provide enhanced thermosetting. They are used in underwater construction due to their no shrinkage and waterproof properties. As they offer good chemical resistance, high void-filling capabilities, electrical and thermal conductivity, and enhanced versatility, epoxy adhesives find extensive applications in construction, transportation, marine, automotive, and electrical industries.
Epoxy Adhesives Market Trends:
The growing investments in producing electric vehicles (EVs) to reduce the emissions of greenhouse gases represent one of the key factors driving the market. Besides this, there is a rise in the installation of lightweight materials in automobiles to reduce their weight and offer high efficiency. This, along with the burgeoning automotive sector, is contributing to the growth of the market. Moreover, several benefits offered by epoxy adhesives, such as vibration and shock resistance, tolerance to thermal cycling, long-term durability, strong adhesion to different substrates, uniform stress distribution, ease of application, and dimensional stability, are positively influencing the market. In addition, the increasing utilization of epoxy adhesives in the construction industry to bond metals, concrete, glass, ceramics, and various plastics is propelling the growth of the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce radiation-cured epoxy adhesives. They are also offering waterborne epoxy adhesives to reduce the risk of volatile organic compounds (VOCs) and enhance worker safety, which is expected to bolster the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global epoxy adhesives market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, distribution channel and end use industry.
Breakup by Product Type:
- One-component
- Two-component
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End Use Industry:
- Aerospace and Defense
- Automotive
- Marine
- Electrical and Electronics
- Construction
- Energy and Power
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Bostik SA (Arkema S.A.), DELO Industrial Adhesives, DuPont de Nemours Inc., Helmitin Adhesives, Hexcel Corporation, Mapei S.p.A., Master Bond Inc., Parker Hannifin Corporation, Permabond LLC, Pidilite Industries Limited and Sika AG.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Distribution Channel, End Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 3M Company, Bostik SA (Arkema S.A.), DELO Industrial Adhesives, DuPont de Nemours Inc., Helmitin Adhesives, Hexcel Corporation, Mapei S.p.A., Master Bond Inc., Parker Hannifin Corporation, Permabond LLC, Pidilite Industries Limited, Sika AG. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global epoxy adhesives market was valued at US$ 8.0 Billion in 2023.
We expect the global epoxy adhesives market to exhibit a CAGR of 4.98% during 2024-2032.
The rising demand for epoxy adhesives across numerous industries, such as construction, transportation, marine, etc., as they offer excellent chemical resistance, high void-filling capabilities, electrical and thermal conductivity, and enhanced versatility, is primarily driving the global epoxy adhesives market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for epoxy adhesives.
Based on the product type, the global epoxy adhesives market can be bifurcated into one-component, two-component, and others. Currently, two-component holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global epoxy adhesives market include 3M Company, Bostik SA (Arkema S.A.), DELO Industrial Adhesives, DuPont de Nemours Inc., Helmitin Adhesives, Hexcel Corporation, Mapei S.p.A., Master Bond Inc., Parker Hannifin Corporation, Permabond LLC, Pidilite Industries Limited, and Sika AG.
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