Market Size of united states adhesives Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 10.67 Billion |
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Market Size (2028) | USD 13.09 Billion |
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Largest Share by End User Industry | Packaging |
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CAGR (2024 - 2028) | 5.24 % |
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Fastest Growing by End User Industry | Woodworking and Joinery |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
United States Adhesives Market Analysis
The United States Adhesives Market size is estimated at 10.67 billion USD in 2024, and is expected to reach 13.09 billion USD by 2028, growing at a CAGR of 5.24% during the forecast period (2024-2028).
10.67 Billion
Market Size in 2024 (USD)
13.09 Billion
Market Size in 2028 (USD)
5.32 %
CAGR (2017-2023)
5.24 %
CAGR (2024-2028)
Largest Market by End-user Industry
35.45 %
value share, Packaging, 2023
The packaging industry holds the largest share of the US adhesives market owing to its widespread applications, including labeling, tapes, carton sealing, and joining.
Fastest Growing Market by End-user Industry
6.64 %
Projected CAGR, Woodworking and Joinery, 2024-2028
Due to the increasing healthcare expenditure and rising investments in tissue engineering and medical device production, the healthcare industry is projected to witness the fastest growth in the market.
Largest Market by Technology
28.52 %
value share, Water-borne, 2023
An environmentally friendly and economically viable solution, water-borne technology accounts for a major share of the market due to its well-recognized usage in food packaging applications through emulsion and dispersion systems.
Largest Market by Resin
21.35 %
value share, Polyurethane, 2023
Polyurethane adhesive is the dominant resin-based adhesive owing to its wide applications in woodworking, building and construction, and automotive industries, both for interior and exterior applications.
Leading Market Player
14.47 %
market share, H.B. Fuller Company, 2021
H.B. Fuller is the top player in the market owing to its industry-specific adhesive products offered directly through its manufacturing plants, distribution centers, and retailers. The company has strong integrated collaborative relationships across the country.
Increase in the use of adhesive in the automotive industry to boost the market growth
- Adhesives are majorly consumed in the packaging industry in the country owing to their importance in bonding plastics, metals, and paper & cardboard packaging applications. Waterborne adhesives are highly consumed in the industry because of their cheaper cost and high bonding strength which is required in these applications. It is seen that nearly 394 thousand tons of water-borne adhesives are consumed in the packaging industry of the country during 2021.
- Adhesives are widely used in the construction industry because of their diverse applications, such as roofing, flooring, prefabricated components joinery, and assembling. The US construction industry is expected to account for 11.1% of the global growth in construction up to 2030. This is likely to result in an increase in demand for construction adhesives in the forecast period, 2022-2028.
- Adhesives are widely used in the automotive industry because of their application and adhesion capacity to various surfaces, such as glass, metal, plastic, and painted surfaces, along with their helpful features, such as extreme weather resistance, durability, and long-lasting abilities. Adhesives are used in engines, car interiors, and car gaskets. Electric vehicle sales increased by 2.4% in 2020 because of their increased demand for personal mobility. The electric vehicles segment of the automotive industry is expected to record a CAGR of 23.17% in the period 2022-2027 and increase the demand for automotive adhesives in the forecast period.
- Adhesives are used in the healthcare industry for applications such as assembling and bonding medical device parts. The increase in healthcare investments in the US market is expected to lead to an increase in demand for the industry in the forecast period.
Understand The Key Trends Shaping This Market
