Solvent Cement Market, By Product Type, By Application, By Formulation Type, By Distribution Channel, By Geography

PUBLISHED: May 21, 2025

PAGES: 120 Pages

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Description

Global Solvent Cement Market is estimated to be valued at USD 3.38 Bn in 2025 and is expected to reach USD 4.88 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 3.38 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	5.40%	2032 Value Projection:	USD 4.88 Bn

The global solvent cement market has witnessed significant growth in recent years, driven by the increasing demand for reliable and efficient bonding solutions across various industries. Solvent cement, also known as plastic cement or PVC cement, is a widely used adhesive that creates a strong, permanent bond between PVC pipes and fittings. It is an essential component in the construction, plumbing, and irrigation sectors, where it plays a crucial role in ensuring the integrity and durability of piping systems. The market's expansion can be attributed to factors such as rapid urbanization, growing construction activities, and the rising need for safe and leak-proof pipe connections. As the world continues to invest in infrastructure development and sustainable water management, the demand for solvent cement is expected to remain robust in the coming years.

Market Dynamics:

The global solvent cement market is influenced by several key drivers, restraints, and opportunities. One of the primary drivers is the increasing construction activities worldwide, particularly in developing countries experiencing rapid urbanization. The growing demand for residential, commercial, and industrial buildings necessitates the installation of reliable piping systems, thereby fueling the demand for solvent cement. Additionally, the rising emphasis on water conservation and the need for efficient irrigation systems in agriculture contribute to market growth. However, the market also faces certain restraints, such as the availability of alternative bonding solutions and the potential health hazards associated with solvent cement exposure. Stringent regulations regarding the use and disposal of solvent cement may also hinder market growth in some regions. Despite these challenges, the market presents significant opportunities for manufacturers to develop eco-friendly and low-VOC solvent cement formulations that address environmental concerns. Moreover, the increasing adoption of plastic pipes in various applications, such as gas distribution and industrial processes, opens up new avenues for market expansion.

Key Features of the Study:

This report provides in-depth analysis of the global solvent cement market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global solvent cement market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Henkel AG & Co. KGaA, DOW Chemical Company, Sika AG, IPS Corporation, Oatey Co., RectorSeal, Weld-On Adhesives, Bostik, 3M Company, Shurtape Technologies, Avery Dennison Corporation, Can-Do National Tape, Novaplus, Elmer's Products, Inc., and Axiom Materials, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global solvent cement market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solvent cement market

Market Segmentation

Product Type Insights (Revenue, USD Bn, 2020 - 2032)
- PVC Solvent Cement
- CPVC Solvent Cement
- ABS Solvent Cement
- Others
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Plumbing
- Construction
- Automotive
- Electrical
- Others
Formulation Type Insights (Revenue, USD Bn, 2020 - 2032)
- One-component Solvent Cements
- Two-component Solvent Cements
Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Direct Sales
- Online Retail
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Henkel AG & Co. KGaA
- DOW Chemical Company
- Sika AG
- IPS Corporation
- Oatey Co.
- RectorSeal
- Weld-On Adhesives
- Bostik
- 3M Company
- Shurtape Technologies
- Avery Dennison Corporation
- Can-Do National Tape
- Novaplus
- Elmer's Products, Inc.
- Axiom Materials, Inc.

Product Code: CMI7960

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Solvent Cement Market, By Product Type
- Global Solvent Cement Market, By Application
- Global Solvent Cement Market, By Formulation Type
- Global Solvent Cement Market, By Distribution Channel
- Global Solvent Cement Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Solvent Cement Market, By Product Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
PVC Solvent Cement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
CPVC Solvent Cement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
ABS Solvent Cement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Solvent Cement Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Plumbing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Electrical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Solvent Cement Market, By Formulation Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
One-component Solvent Cements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Two-component Solvent Cements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Solvent Cement Market, By Distribution Channel, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Direct Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

8. Global Solvent Cement Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Formulation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Henkel AG & Co. KGaA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
DOW Chemical Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sika AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IPS Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Oatey Co.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
RectorSeal
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Weld-On Adhesives
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Bostik
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
3M Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Shurtape Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Avery Dennison Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Can-Do National Tape
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Novaplus
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Elmer's Products, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Axiom Materials, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies