Mexico Adhesives Market

Mexico Adhesives Market Overview:

The Mexico adhesives market size reached USD 1,090.91 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,877.78 Million by 2033, exhibiting a growth rate (CAGR) of 6.22% during 2025-2033. At present, increasing electric vehicle (EV) production is driving the demand for adhesives that can handle thermal management and battery assembly. Besides this, the growing user preferences for efficient electronic items, which are encouraging manufacturers to develop high-performance solutions, are contributing to the expansion of the Mexico adhesives market share.

Mexico Adhesives Market Trends:

Increasing vehicle production

The growing vehicle production is positively influencing the market. According to the INEGI, Mexico reported sales of 473,323 light vehicles from January to April 2025, reflecting a 1.4% increase compared to the same timeframe in 2024. As Mexico is strengthening its position as a major automotive manufacturing hub, international and domestic carmakers are boosting the production to meet both local and international demands. Adhesives play an important role in assembling modern vehicles, offering lightweight, durable, and efficient alternatives to traditional mechanical fasteners like bolts and rivets. They help reduce vehicle weight, which improves fuel efficiency and lowers emissions, aligning with industry trends and environmental regulations. Adhesives are used in various automotive applications, such as bonding of body panels, interior trims, windshields, electronics, and structural components. As new models with advanced designs and materials are being introduced, the need for specialized adhesives is increasing. Additionally, high EV production is driving the demand for adhesives that can handle thermal management and battery assembly. Automotive manufacturers in Mexico continue to rely on a steady supply of high-quality adhesives to meet production targets while maintaining safety and performance standards. The rise in vehicle exports is also attracting investments in advanced adhesive technologies. As the automotive sector is thriving in the country, adhesive suppliers are expanding their presence and capabilities in Mexico, ensuring just-in-time delivery and localized support.

Growing demand for electronic items

The escalating demand for electronic items is impelling the Mexico adhesives market growth. As per industry reports, by 2024, Mexico's consumer electronics sector was expected to generate USD 17.4 Billion in revenue. As user preferences for smartphones, laptops, televisions, and wearable devices are evolving, manufacturers are seeking high-performance adhesives that offer durability, flexibility, and resistance to heat and moisture. These adhesives are employed in assembling delicate components like circuit boards, displays, connectors, sensors, and batteries, where precision and reliability are crucial. The trend of miniaturization of electronic devices is also increasing reliance on adhesives, as traditional fasteners have become less practical in compact designs. Moreover, the growth of the automotive electronics segment, including infotainment systems, sensors, and EV components, is further broadening adhesive applications. Manufacturers in Mexico are benefiting from local and international demand for electronics, encouraging them to adopt efficient bonding technologies that reduce weight, improve performance, and enhance product lifespan. As production is scaling up, adhesive suppliers are catering to this need by providing tailored solutions that meet safety, environmental, and quality standards.

Mexico Adhesives Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on technology, resin, and end user industry.

Technology Insights:

• Hot Melt
• Reactive
• Solvent-borne
• UV Cured Adhesives
• Water-borne

The report has provided a detailed breakup and analysis of the market based on the technology. This includes hot melt, reactive, solvent-borne, UV cured adhesives, and water-borne.

Resin Insights:

• Acrylic
• Cyanoacrylate
• Epoxy
• Polyurethane
• Silicone
• VAE/EVA
• Others

A detailed breakup and analysis of the market based on the resin have also been provided in the report. This includes acrylic, cyanoacrylate, epoxy, polyurethane, silicone, VAE/EVA, and others.

End User Industry Insights:

• Aerospace
• Automotive
• Building and Construction
• Footwear and Leather
• Healthcare
• Packaging
• Woodworking and Joinery
• Others

The report has provided a detailed breakup and analysis of the market based on the end user industry. This includes aerospace, automotive, building and construction, footwear and leather, healthcare, packaging, woodworking and joinery, and others.

Regional Insights:

• Northern Mexico
• Central Mexico
• Southern Mexico
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Mexico Adhesives Market News:

• In May 2024, Tex Year Group was set to participate in EXPO PACK 2024 Mexico alongside CCMR Industry, featuring Booth 638, from June 4-7 in Mexico City. The primary focus of the booth was eco-friendly adhesive solutions. It featured natural materials containing over 20% bio-based content.

Mexico Adhesives Market Report Coverage:

Key Questions Answered in This Report:

• How has the Mexico adhesives market performed so far and how will it perform in the coming years?
• What is the breakup of the Mexico adhesives market on the basis of technology?
• What is the breakup of the Mexico adhesives market on the basis of resin?
• What is the breakup of the Mexico adhesives market on the basis of end user industry?
• What is the breakup of the Mexico adhesives market on the basis of region?
• What are the various stages in the value chain of the Mexico adhesives market? 
• What are the key driving factors and challenges in the Mexico adhesives market?
• What is the structure of the Mexico adhesives market and who are the key players?
• What is the degree of competition in the Mexico adhesives market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Mexico adhesives market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Mexico adhesives market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Mexico adhesives industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.