Market Size of Structural Adhesives Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 19.22 Billion |
| Market Size (2029) | USD 27.78 Billion |
| CAGR (2024 - 2029) | 7.64 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Structural Adhesives Market Analysis
The Structural Adhesives Market size is estimated at USD 19.22 billion in 2024, and is expected to reach USD 27.78 billion by 2029, growing at a CAGR of 7.64% during the forecast period (2024-2029).
The market was negatively impacted by COVID-19 in 2020. However, it recovered significantly in 2021, owing to rising consumption from various end-user industries, such as construction, automotive, and wind energy.
- Over the short term, the increasing investments in developing Asia-Pacific economies and increasing demand from the global construction and automotive sectors may drive the market studied.
- However, growing environmental and health concerns are expected to hinder the growth of the studied market.
- The growing research on underwater structural adhesives is likely to act as an opportunity for market growth in the future.
- Asia-Pacific dominated the market, with the most significant consumption recorded in China.
