PUBLISHER: KBV Research | PRODUCT CODE: 1448189
PUBLISHER: KBV Research | PRODUCT CODE: 1448189
North America Specialty Adhesives Market Size, Share & Trends Analysis Report By Product (Cyanoacrylates, Acrylic, Polyurethane, Polyvinyl Acetate and Others), By End-Use, By Country and Growth Forecast, 2023 - 2030
The North America Specialty Adhesives Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 301.92 Kilo Tonnes, showcasing a growth of 3.2% (2019-2022).
Polyurethanes are pivotal components in the market, renowned for their exceptional versatility and performance across a wide range of applications. These adhesives, formulated with polyurethane as a key ingredient, offer superior bonding strength and durability, making them ideal for demanding applications in industries such as automotive, construction, and aerospace. Consequently, the US market utilized 68.39 kilo tonnes in the market in 2022.
The US market dominated the North America Specialty Adhesives Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,110.8 Million by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).
Likewise, nano and microtechnology are leveraged to develop these adhesives with nanoscale or microscale features, such as nanoparticles, nanofibers, or microcapsules. These innovations enable precise control over adhesive properties, such as viscosity, tackiness, and curing kinetics, improving bonding performance and functionality in microelectronics, medical devices, and other precision applications. In addition, digital technologies such as machine learning, simulation software, and predictive modeling are employed to optimize adhesive formulations, manufacturing processes, and quality control. Adhesive manufacturers embrace digitalization and Industry 4.0 principles to enhance product development, production efficiency, and customer service.
They provide high-strength bonds between dissimilar materials such as metals, plastics, and composites, contributing to vehicle lightweighting, crashworthiness, and acoustic insulation. For example, as per the International Trade Administration (ITA), the automotive sector is one of Italy's main industries, and in 2022, the automotive sector's turnover was €92.7 billion, which was 9.3% of Italy's manufacturing turnover and 5.2% of Italy's GDP. In 2022, 7,82,629 vehicles (486,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses) were produced in Italy. 13,35,487 new cars, 9.5% fewer than in the prior year, were registered in 2022.
Canada is a major player in the global aerospace industry, with a strong presence in aircraft manufacturing, including commercial aircraft, business jets, and regional aircraft. The growing investment in aerospace increases aircraft production, driving demand for the adhesives used in aircraft assembly, bonding, and finishing applications. As per the data released in 2023 by the International Trade Administration (ITA), Mexico's goal is 35% of electricity from clean energy sources by 2024, which includes power regeneration from renewable. Therefore, the expansion of renewable energy sector and increasing investment in the aerospace industry in the region will aid in the expansion of the market throughout the forecast period.
Based on Product, the market is segmented into Cyanoacrylates, Acrylic, Polyurethane, Polyvinyl Acetate and Others. Based on End-Use, the market is segmented into Construction, Automotive, Aerospace, Marine and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- 3M Company
- Henkel AG & Company, KGaA
- Bostik S.A. (Arkema S.A.)
- H.B. Fuller Company
- Pidilite Industries Ltd.
- Sika AG
- Permatex Inc. (Illinois Tool Works)
- Nexus Adhesives Pty Ltd
- Savare I.C. srl
- Specialty Adhesives and Coatings, Inc.
Global Specialty Adhesives Market Report Segmentation
By Product (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Cyanoacrylates
- Acrylic
- Polyurethane
- Polyvinyl Acetate
- Others
By End-Use (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Construction
- Automotive
- Aerospace
- Marine
- Others
By Geography (Volume, kilo Tonnes, USD Billion, 2019-2030)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Specialty Adhesives Market, by Product
- 1.4.2North America Specialty Adhesives Market, by End-Use
- 1.4.3North America Specialty Adhesives Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Strategies Deployed in Specialty Adhesives Market
Chapter 5.North America Specialty Adhesives Market, by Product
- 5.1North America Cyanoacrylates Market, by Country
- 5.2North America Acrylic Market, by Country
- 5.3North America Polyurethane Market, by Country
- 5.4North America Polyvinyl Acetate Market, by Country
- 5.5North America Others Market, by Country
Chapter 6.North America Specialty Adhesives Market, by End-Use
- 6.1North America Construction Market, by Country
- 6.2North America Automotive Market, by Country
- 6.3North America Aerospace Market, by Country
- 6.4North America Marine Market, by Country
- 6.5North America Others Market, by Country
Chapter 7.North America Specialty Adhesives Market, by Country
- 7.1US Specialty Adhesives Market
- 7.1.1US Specialty Adhesives Market, by Product
- 7.1.2US Specialty Adhesives Market, by End-Use
- 7.2Canada Specialty Adhesives Market
- 7.2.1Canada Specialty Adhesives Market, by Product
- 7.2.2Canada Specialty Adhesives Market, by End-Use
- 7.3Mexico Specialty Adhesives Market
- 7.3.1Mexico Specialty Adhesives Market, by Product
- 7.3.2Mexico Specialty Adhesives Market, by End-Use
- 7.4Rest of North America Specialty Adhesives Market
- 7.4.1Rest of North America Specialty Adhesives Market, by Product
- 7.4.2Rest of North America Specialty Adhesives Market, by End-Use
Chapter 8.Company Profiles
- 8.13M Company
- 8.1.1Company Overview
- 8.1.1Financial Analysis
- 8.1.2Segmental and Regional Analysis
- 8.1.3Research & Development Expense
- 8.1.4Recent strategies and developments:
- 8.1.4.1Partnerships, Collaborations, and Agreements:
- 8.1.5SWOT Analysis
- 8.2Henkel AG & Company, KGaA
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expense
- 8.2.5Recent strategies and developments:
- 8.2.5.1Acquisition and Mergers:
- 8.2.6SWOT Analysis
- 8.3Bostik S.A. (Arkema S.A.)
- 8.3.1Financial Analysis
- 8.3.2Segmental and Regional Analysis
- 8.3.3Recent strategies and developments:
- 8.3.3.1Product Launches and Product Expansions:
- 8.3.3.2Acquisition and Mergers:
- 8.3.4SWOT Analysis
- 8.4H.B. Fuller Company
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5Recent strategies and developments:
- 8.4.5.1Partnerships, Collaborations, and Agreements:
- 8.4.6SWOT Analysis
- 8.5Pidilite Industries Ltd.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5SWOT Analysis
- 8.6Sika AG
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expenses
- 8.6.5Recent strategies and developments:
- 8.6.5.1Acquisition and Mergers:
- 8.6.6SWOT Analysis
- 8.7Permatex Inc. (Illinois Tool Works Inc.)
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
- 8.7.5SWOT Analysis
- 8.8Nexus Adhesives Pty Ltd
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
- 8.9Savare I.C. srl
- 8.9.1Company Overview
- 8.9.2SWOT Analysis
- 8.10.Specialty Adhesives and Coatings, Inc.
- 8.10.1Company Overview
- 8.10.2SWOT Analysis
LIST OF TABLES
- TABLE 1North America Specialty Adhesives Market, 2019 - 2022, USD Million
- TABLE 2North America Specialty Adhesives Market, 2023 - 2030, USD Million
- TABLE 3North America Specialty Adhesives Market, 2019 - 2022, Kilo Tonnes
- TABLE 4North America Specialty Adhesives Market, 2023 - 2030, Kilo Tonnes
- TABLE 5North America Specialty Adhesives Market, by Product, 2019 - 2022, USD Million
- TABLE 6North America Specialty Adhesives Market, by Product, 2023 - 2030, USD Million
- TABLE 7North America Specialty Adhesives Market, by Product, 2019 - 2022, Kilo Tonnes
- TABLE 8North America Specialty Adhesives Market, by Product, 2023 - 2030, Kilo Tonnes
- TABLE 9North America Cyanoacrylates Market, by Country, 2019 - 2022, USD Million
- TABLE 10North America Cyanoacrylates Market, by Country, 2023 - 2030, USD Million
- TABLE 11North America Cyanoacrylates Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12North America Cyanoacrylates Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13North America Acrylic Market, by Country, 2019 - 2022, USD Million
- TABLE 14North America Acrylic Market, by Country, 2023 - 2030, USD Million
- TABLE 15North America Acrylic Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16North America Acrylic Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17North America Polyurethane Market, by Country, 2019 - 2022, USD Million
- TABLE 18North America Polyurethane Market, by Country, 2023 - 2030, USD Million
- TABLE 19North America Polyurethane Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20North America Polyurethane Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21North America Polyvinyl Acetate Market, by Country, 2019 - 2022, USD Million
- TABLE 22North America Polyvinyl Acetate Market, by Country, 2023 - 2030, USD Million
- TABLE 23North America Polyvinyl Acetate Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24North America Polyvinyl Acetate Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 26North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 27North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29North America Specialty Adhesives Market, by End-Use, 2019 - 2022, USD Million
- TABLE 30North America Specialty Adhesives Market, by End-Use, 2023 - 2030, USD Million
- TABLE 31North America Specialty Adhesives Market, by End-Use, 2019 - 2022, Kilo Tonnes
- TABLE 32North America Specialty Adhesives Market, by End-Use, 2023 - 2030, Kilo Tonnes
- TABLE 33North America Construction Market, by Country, 2019 - 2022, USD Million
- TABLE 34North America Construction Market, by Country, 2023 - 2030, USD Million
- TABLE 35North America Construction Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36North America Construction Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37North America Automotive Market, by Country, 2019 - 2022, USD Million
- TABLE 38North America Automotive Market, by Country, 2023 - 2030, USD Million
- TABLE 39North America Automotive Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40North America Automotive Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41North America Aerospace Market, by Country, 2019 - 2022, USD Million
- TABLE 42North America Aerospace Market, by Country, 2023 - 2030, USD Million
- TABLE 43North America Aerospace Market, by Country, 2023 - 2030, USD Million
- TABLE 44North America Aerospace Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 45North America Marine Market, by Country, 2019 - 2022, USD Million
- TABLE 46North America Marine Market, by Country, 2023 - 2030, USD Million
- TABLE 47North America Marine Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48North America Marine Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 50North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 51North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53North America Specialty Adhesives Market, by Country, 2019 - 2022, USD Million
- TABLE 54North America Specialty Adhesives Market, by Country, 2023 - 2030, USD Million
- TABLE 55North America Specialty Adhesives Market, by Country, 2019 - 2022, Kilo Tonnes
- TABLE 56North America Specialty Adhesives Market, by Country, 2023 - 2030, Kilo Tonnes
- TABLE 57US Specialty Adhesives Market, 2019 - 2022, USD Million
- TABLE 58US Specialty Adhesives Market, 2023 - 2030, USD Million
- TABLE 59US Specialty Adhesives Market, 2019 - 2022, Kilo Tonnes
- TABLE 60US Specialty Adhesives Market, 2023 - 2030, Kilo Tonnes
- TABLE 61US Specialty Adhesives Market, by Product, 2019 - 2022, USD Million
- TABLE 62US Specialty Adhesives Market, by Product, 2023 - 2030, USD Million
- TABLE 63US Specialty Adhesives Market, by Product, 2019 - 2022, Kilo Tonnes
- TABLE 64US Specialty Adhesives Market, by Product, 2023 - 2030, Kilo Tonnes
- TABLE 65US Specialty Adhesives Market, by End-Use, 2019 - 2022, USD Million
- TABLE 66US Specialty Adhesives Market, by End-Use, 2023 - 2030, USD Million
- TABLE 67US Specialty Adhesives Market, by End-Use, 2019 - 2022, Kilo Tonnes
- TABLE 68US Specialty Adhesives Market, by End-Use, 2023 - 2030, Kilo Tonnes
- TABLE 69Canada Specialty Adhesives Market, 2019 - 2022, USD Million
- TABLE 70Canada Specialty Adhesives Market, 2023 - 2030, USD Million
- TABLE 71Canada Specialty Adhesives Market, 2019 - 2022, Kilo Tonnes
- TABLE 72Canada Specialty Adhesives Market, 2023 - 2030, Kilo Tonnes
- TABLE 73Canada Specialty Adhesives Market, by Product, 2019 - 2022, USD Million
- TABLE 74Canada Specialty Adhesives Market, by Product, 2023 - 2030, USD Million
- TABLE 75Canada Specialty Adhesives Market, by Product, 2019 - 2022, Kilo Tonnes
- TABLE 76Canada Specialty Adhesives Market, by Product, 2023 - 2030, Kilo Tonnes
- TABLE 77Canada Specialty Adhesives Market, by End-Use, 2019 - 2022, USD Million
- TABLE 78Canada Specialty Adhesives Market, by End-Use, 2023 - 2030, USD Million
- TABLE 79Canada Specialty Adhesives Market, by End-Use, 2019 - 2022, Kilo Tonnes
- TABLE 80Canada Specialty Adhesives Market, by End-Use, 2023 - 2030, Kilo Tonnes
- TABLE 81Mexico Specialty Adhesives Market, 2019 - 2022, USD Million
- TABLE 82Mexico Specialty Adhesives Market, 2023 - 2030, USD Million
- TABLE 83Mexico Specialty Adhesives Market, 2019 - 2022, Kilo Tonnes
- TABLE 84Mexico Specialty Adhesives Market, 2023 - 2030, Kilo Tonnes
- TABLE 85Mexico Specialty Adhesives Market, by Product, 2019 - 2022, USD Million
- TABLE 86Mexico Specialty Adhesives Market, by Product, 2023 - 2030, USD Million
- TABLE 87Mexico Specialty Adhesives Market, by Product, 2019 - 2022, Kilo Tonnes
- TABLE 88Mexico Specialty Adhesives Market, by Product, 2023 - 2030, Kilo Tonnes
- TABLE 89Mexico Specialty Adhesives Market, by End-Use, 2019 - 2022, USD Million
- TABLE 90Mexico Specialty Adhesives Market, by End-Use, 2023 - 2030, USD Million
- TABLE 91Mexico Specialty Adhesives Market, by End-Use, 2019 - 2022, Kilo Tonnes
- TABLE 92Mexico Specialty Adhesives Market, by End-Use, 2023 - 2030, Kilo Tonnes
- TABLE 93Rest of North America Specialty Adhesives Market, 2019 - 2022, USD Million
- TABLE 94Rest of North America Specialty Adhesives Market, 2023 - 2030, USD Million
- TABLE 95Rest of North America Specialty Adhesives Market, 2019 - 2022, Kilo Tonnes
- TABLE 96Rest of North America Specialty Adhesives Market, 2023 - 2030, Kilo Tonnes
- TABLE 97Rest of North America Specialty Adhesives Market, by Product, 2019 - 2022, USD Million
- TABLE 98Rest of North America Specialty Adhesives Market, by Product, 2023 - 2030, USD Million
- TABLE 99Rest of North America Specialty Adhesives Market, by Product, 2019 - 2022, Kilo Tonnes
- TABLE 100Rest of North America Specialty Adhesives Market, by Product, 2023 - 2030, Kilo Tonnes
- TABLE 101Rest of North America Specialty Adhesives Market, by End-Use, 2019 - 2022, USD Million
- TABLE 102Rest of North America Specialty Adhesives Market, by End-Use, 2023 - 2030, USD Million
- TABLE 103Rest of North America Specialty Adhesives Market, by End-Use, 2019 - 2022, Kilo Tonnes
- TABLE 104Rest of North America Specialty Adhesives Market, by End-Use, 2023 - 2030, Kilo Tonnes
- TABLE 105Key Information - 3M Company
- TABLE 106Key Information - Henkel AG & Company, KGaA
- TABLE 107Key Information - Bostik S.A.
- TABLE 108key Information - H.B. Fuller Company
- TABLE 109Key Information - Pidilite Industries Ltd.
- TABLE 110Key Information - SIKA AG
- TABLE 111Key Information - Permatex Inc.
- TABLE 112Key Information - Nexus Adhesives Pty Ltd
- TABLE 113Key Information - Savare I.C. srl
- TABLE 114Key Information - Specialty Adhesives and Coatings, Inc.
