Acrylic Adhesives Market

Market Definition

The market refers to the sector involved in the production and distribution of adhesives made primarily from acrylic-based polymers. These adhesives are widely used across industries such as automotive, construction, electronics, and packaging, due to their superior bonding strength, temperature resistance, and durability.

The market is growing, due to the increasing demand for high-performance bonding solutions, technological advancements, and the growing trend of lightweight materials and sustainable packaging solutions.

The report outlines the primary drivers of the market, along with an in-depth analysis of emerging trends and evolving regulatory frameworks shaping the market trajectory.

Acrylic Adhesives Market Overview

The global acrylic adhesives market size was valued at USD 13.43 billion in 2023 and is projected to grow from USD 14.08 billion in 2024 to USD 20.07 billion by 2031, exhibiting a CAGR of 5.19% during the forecast period.

The market is growing, due to the rising demand for high-performance, durable, and eco-friendly bonding solutions across automotive, construction, and electronics industries, with a strong focus on sustainability, thermal management, and structural reliability in advanced industrial applications.

Major companies operating in the acrylic adhesives industry are H.B. Fuller Company, 3M, Permabond, Sika AG, Henkel Adhesives Technologies India Private Limited, LINTEC Corporation., PGC, TOAGOSEI CO. LTD., AVERY DENNISON CORPORATION, Huntsman International LLC., ITW Performance Polymers, Jowat SE, Mitsubishi Chemical Group Corporation., Bostik, and DELO Industrie Klebstoffe GmbH & Co. KGaA.

The market is being driven by the expansion of the construction sector, along with the rising demand for durable, high-performance bonding solutions across architectural and infrastructure applications.

As construction projects become larger and more complex, the need for adhesives that ensure structural integrity, weather resistance, and long-term durability is increasing. This is leading to the broader use of acrylic adhesives in building envelopes, insulated glass systems, and composite construction materials.

• In December 2024, H.B. Fuller Company (NYSE: FUL) announced a strategic reorganization of its building and construction portfolio to accelerate growth and streamline operations. Effective fiscal year 2025, the new Global Business Unit Building Adhesive Solutions (BAS) will consolidate key segments and divest its Flooring business, targeting expanded opportunities in the architectural and infrastructure markets.

Key Highlights:

1. The acrylic adhesives industry size was valued at USD 13.43 billion in 2023.
2. The market is projected to grow at a CAGR of 5.19% from 2024 to 2031.
3. Asia Pacific held a market share of 34.02% in 2023, with a valuation of USD 4.57 billion.
4. The acrylic polymer emulsion segment garnered USD 5.66 billion in revenue in 2023.
5. The reactive segment is expected to reach USD 7.14 billion by 2031.
6. The transportation segment is anticipated to register the fastest CAGR of 5.33% during the forecast period.
7. The market in Europe is anticipated to grow at a CAGR of 5.21% during the forecast period.

Market Driver

"Growth of the Automotive Industry"

The acrylic adhesives market is registering significant growth, driven by the increasing demand for advanced thermal management solutions in the automotive industry.

As automakers prioritize enhancing battery performance, energy efficiency, and overall vehicle design, the need for high-performance adhesives, including thermally conductive adhesives, is expanding.

These adhesives are vital for improving the durability, safety, and efficiency of Electric Vehicles (EVs), thereby accelerating the adoption of specialized adhesive technologies within the automotive sector.

• In October 2024, LG Chem announced plans to expand its presence in the global mobility market by supplying thermally conductive adhesives to North American automakers. These adhesives, critical for battery thermal management, enhance performance and insulation. Additionally, LG Chem is developing polyimide varnishes, silver nano pastes, and other adhesive materials for motors, inverters, and electronic components like camera sensors and displays, aiming to grow its automotive adhesive business into a multi-million-dollar unit.

Market Challenge

"Supply Chain Disruptions"

Supply chain disruptions present a significant challenge for the acrylic adhesives market, impacting the timely procurement of raw materials and consistent product delivery. Factors such as geopolitical tensions, transportation delays, and global shortages contribute to increased lead times and production inefficiencies.

Businesses can strengthen supplier networks, invest in diversified sourcing strategies, and enhance inventory management systems. Adopting digital supply chain technologies also improves forecasting accuracy and operational agility, enabling companies to maintain stability and meet customer demands effectively.

Market Trend

"Technological Advancements"

The acrylic adhesives market is registering significant advancements, driven by the demand for high-performance, versatile, and eco-friendly solutions. These adhesives offer strong bonding capabilities, durability, and resistance to environmental factors, making them ideal for diverse applications in industries such as automotive, electronics, and construction.

With a growing emphasis on sustainability, acrylic adhesives are increasingly being formulated to support recyclable and environmentally friendly packaging. These technological improvements are fostering broader adoption, meeting both performance and sustainability requirements across industrial and consumer sectors.

• In April 2023, Dow and Avery Dennison developed a groundbreaking hotmelt adhesive that enables polyolefin film labels and polypropylene/ polyethylene packaging to be recycled together as a mono-material. This adhesive, the first of its kind, enhances recyclability without compromising performance, especially in chilled applications. Approved by Recyclass for High-Density Polyethylene (HDPE) colored stream recycling, it offers superior sustainability compared to standard hotmelts.

Acrylic Adhesives Market Report Snapshot

Segmentation	Details
By Type	Acrylic Polymer Emulsion,  Cyanoacrylic, Methacrylic
By Technology	Reactive, Solvent-borne, UV Cured Adhesives, Water-based
By End-use Industry	Paper & Packaging, Construction, Transportation, Medical, Aerospace, Electronics, Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E , Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation:

• By Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic): The acrylic polymer emulsion segment earned USD 5.66 billion in 2023, due to its widespread adoption across diverse industries for its superior bonding strength, versatility, and enhanced environmental performance.
• By Technology (Reactive, Solvent-borne, UV Cured Adhesives, and Water-based): The reactive segment held 35.65% share of the market in 2023, due to its superior bonding strength, durability, and ability to form strong, long-lasting bonds in demanding applications across industries.
• By End-use Industry (Paper & Packaging, Construction, Transportation, Medical, Aerospace, Electronics, Others): The paper and packaging segment is projected to reach USD 4.93 billion by 2031, owing to the increasing demand for sustainable packaging solutions and the growing emphasis on eco-friendly, high-performance adhesives in the packaging industry.

Acrylic Adhesives Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Asia Pacific acrylic adhesives market share stood at around 34.02% in 2023, with a valuation of USD 4.57 billion. The expanding manufacturing base in Asia Pacific plays a crucial role in driving the market in the region.

Countries like China, India, and Southeast Asia serve as global manufacturing hubs, particularly for consumer goods, electronics, automotive, and packaging. This surge in production capabilities creates substantial demand for adhesives, enhancing their application across multiple industries.

The growth of manufacturing facilities within the region facilitates cost-effective, high-quality production, strengthens local supply chains, and ensures quicker delivery times, supporting regional and global market growth.

• In February 2025, Henkel announced the opening of a cutting-edge Application Engineering Center and plans for a new adhesive manufacturing facility in India, reinforcing its leadership in electronics adhesives. These strategic investments align with India’s accelerating electronics sector growth, supported by initiatives like Make in India and PLI, and demonstrate Henkel’s focus on localization, innovation, and rapid product development.

The acrylic adhesives industry in Europe is poised for significant growth at a robust CAGR of 5.21% over the forecast period. The strategic alignment and restructuring of product portfolios to better serve the construction and infrastructure sectors in Europe is driving the regional market.

This approach enables companies to create more specialized, customer-focused business units, improving operational efficiency and responsiveness to market needs.

Consolidating complementary technologies and focusing on high-growth applications such as architectural and infrastructure solutions can help businesses capitalize on synergies, enhance innovation, and strengthen their competitive edge within the evolving European adhesives landscape.

• In May 2024, Henkel Adhesive Technologies presented its newest sustainable adhesive and coating solutions at drupa, the premier global trade fair for print technologies, taking place in Düsseldorf. With a focus on promoting circularity and reducing carbon emissions, Henkel will highlight innovations for flexible packaging, paper packaging, and specialty tapes and labels, emphasizing its dedication to sustainable packaging advancements.

Regulatory Framework

• In the U.S., the Environmental Protection Agency (EPA) oversees the environmental impact, safety, and compliance of adhesive chemicals, focusing on Volatile Organic Compounds (VOCs) and hazardous substances. The Food and Drug Administration (FDA) regulates adhesives used in medical, food, and pharmaceutical packaging to ensure safety.
• In India, the Bureau of Indian Standards (BIS) serves as the national standards body, responsible for formulating and promoting Indian Standards (IS) for products like adhesives, and ensuring their quality and safety through certification.
• In Europe, the European Chemicals Agency (ECHA) enforces the the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation to ensure that chemical substances used in adhesives are safe for both human health and the environment.

Competitive Landscape

The acrylic adhesives industry is characterized by a large number of participants, including both established corporations and rising organizations. Key players in the market are actively implementing strategic initiatives such as mergers and acquisitions, product launches, and portfolio expansion to enhance market presence and accelerate growth.

These strategies are aimed at strengthening technological capabilities, broadening end-use applications, and gaining competitive advantage. Market players are positioning themselves to meet evolving customer demands and capitalize on emerging opportunities by focusing on innovation, operational efficiency, and geographic expansion, thereby driving sustained growth and profitability within the market.

• In May 2024, H.B. Fuller Company acquired ND Industries Inc., enhancing its portfolio with specialty adhesives and fastener solutions. This strategic move strengthens H.B. Fuller’s position in high-margin, high-growth markets, integrating ND’s Vibra-Tite brand and advanced coating technologies to expand capabilities in automotive, aerospace, electronics, and MRO segments.

List of Key Companies in Acrylic Adhesives Market:

• H.B. Fuller Company
• 3M
• Permabond 
• Sika AG
• Henkel Adhesives Technologies India Private Limited
• LINTEC Corporation.
• PGC
• TOAGOSEI CO., LTD.
• AVERY DENNISON CORPORATION
• Huntsman International LLC.
• ITW Performance Polymers 
• Jowat SE
• Mitsubishi Chemical Group Corporation.
• Bostik
• DELO Industrie Klebstoffe GmbH & Co. KGaA

Recent Developments

• In December 2024, H.B. Fuller Company (NYSE: FUL) announced agreements to acquire GEM S.r.l. and Medifill Ltd., two prominent medical adhesive firms. These acquisitions strengthen H.B. Fuller’s presence in the medical sector, enhance its product portfolio with advanced wound closure solutions, and establish a European base for its Medical Adhesive Technologies (MAT) division, aligning with its strategy to target high-growth, high-margin markets.
• In June 2024, Trinseo (NYSE: TSE) launched LIGOS A 9200, a waterborne acrylic adhesive tailored for dry lamination in food-contact flexible packaging. Certified recyclable by Papiertechnische Stiftung (PTS) under CEPI standards, the adhesive enables over 99% fiber recovery during standard mill recycling, aligning with industry sustainability goals and enhancing Trinseo’s position in eco-conscious packaging solutions.
• In August 2023, Bostik, a division of Arkema, launched Flexcryl ClearCycle 1000, the industry’s first all-temperature, wash-off label adhesive, enhancing its sustainable product lineup. The adhesive meets the highest standards set by the Association of Plastic Recyclers (APR) for compatibility with PET bottle recycling, supporting improved recyclability and contributing positively to the plastic recycling stream