Sustainable Adhesives Market Size is valued at USD 2.78 billion in 2023 and is predicted to reach USD 4.23 billion by the year 2031 at a 5.63% CAGR during the forecast period for 2024-2031.
Sustainable adhesives are eco-friendly bonding agents designed to minimize environmental impact. They are typically made from renewable, biodegradable, or non-toxic materials, reducing reliance on petrochemicals and harmful chemicals. By offering strong, reliable bonding while being safer for both the environment and human health, sustainable adhesives are a key component in advancing green technologies and reducing waste.
Innovative, sustainable adhesive solutions are the result of companies' heavy investment in R&D. Moreover, sustainable adhesives that perform as well as conventional adhesives have recently been developed due to technological advancements. The performance of sustainable adhesives has been improved due to advancements in bio-based and renewable raw ingredients, which are fueling the sustainable adhesives market in the coming years.
However, market expansion is hindered by a lack of awareness of sustainable adhesives, problems with raw material availability, high production costs, and complicated regulations. Furthermore, the sustainable adhesives business was hit hard by the COVID-19 epidemic, which slowed production and disrupted supply networks. However, it brought attention to the necessity for a sustainable adhesives market by increasing demand for environmentally friendly packaging and hygiene products. Moreover, their use in construction and packaging is growing, the demand for eco-friendly items is rising, and the government is supporting sustainable manufacturing practices through incentives. These are all factors that could lead to opportunities in the sustainable adhesives market.
The sustainable adhesives market is segmented based on type, raw material, and end-use industry. Based on type, the market is segmented into recyclable, renewable, biodegradable, and green. By raw material, the market is segmented into water-based, plant-based, EVA-based, and acrylic-based. In the end-use industry, the market is segmented into packaging, woodworking, construction, and medical.
The recyclable in the sustainable adhesives market is likely to lead with a major global market share because waste reduction and circular economy strategies are getting more and more attention. Adhesives that make recycling easier are in high demand because more and more businesses are aiming to be environmentally friendly. Additionally, adhering to regulatory regulations and consumer expectations for eco-friendly products, these adhesives make it easy to separate and reuse ingredients. Recycling alternatives are becoming increasingly appealing in many sectors as a result of technological advancements in sustainable adhesives that improve their performance.
packaging segment is expanding rapidly in the sustainable adhesives market because there is a rising need for packaging options that are both recyclable and kind to the environment. The demand for sustainable adhesives that enable effective recycling is being driven by the growing concern of both consumers and corporations for the environment. The market for environmentally friendly packaging is growing due to a number of factors, including government mandates and corporate sustainability programs.
The North American sustainable adhesives market is expected to report the most heightened revenue share in the near future due to consumers' high need for environmentally friendly products, strict environmental legislation, strong R&D skills, and sustainable practices widely used in many industries, including building and packaging. In addition, the Europe is expected to grow rapidly in the global sustainable adhesives market because of the growth of the industrial sector, the development of environmental consciousness, and the encouragement of sustainable manufacturing techniques by government laws.
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 2.78 Bn |
|
Revenue Forecast In 2031 |
USD 4.23 Bn |
|
Growth Rate CAGR |
CAGR of 5.63% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn, Volume (Kiloton) and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, Raw Material, And End-Use Industry |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
BASF SE, DuPont, Henkel AG & Co. KGaA, H.B. Fuller Company, Jowat SE, Dow, Arkema, Avery Dennison Corporation, Synthos, Paramelt B.V., and Artience Co., Ltd |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Sustainable Adhesives Market Snapshot
Chapter 4. Global Sustainable Adhesives Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis
5.1. By Type & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (Kiloton)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Type:
5.2.1. Recyclable
5.2.2. Renewable
5.2.3. Biodegradable
5.2.4. Green
Chapter 6. Market Segmentation 2: By Raw Material Estimates & Trend Analysis
6.1. By Raw Material & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (Kiloton)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Raw Material:
6.2.1. Water-Based
6.2.2. Plant-Based
6.2.3. EVA Based
6.2.4. Acrylic Based
Chapter 7. Market Segmentation 3: By End-User Estimates & Trend Analysis
7.1. By End-User & Market Share, 2023 & 2031
7.2. Market Size (Value (US$ Mn) & Volume (Kiloton)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End-User:
7.2.1. Packaging
7.2.2. Woodworking
7.2.3. Construction
7.2.4. Medical
Chapter 8. Sustainable Adhesives Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Type, 2024-2031
8.1.2. North America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Raw Material, 2024-2031
8.1.3. North America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by End-User, 2024-2031
8.1.4. North America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by country, 2024-2031.
8.2. Europe
8.2.1. Europe Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Type, 2024-2031
8.2.2. Europe Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Raw Material, 2024-2031
8.2.3. Europe Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by End-User, 2024-2031
8.2.4. Europe Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by country, 2024-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Type, 2024-2031
8.3.2. Asia Pacific Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Raw Material, 2024-2031
8.3.3. Asia Pacific Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by End-User, 2024-2031
8.3.4. Asia Pacific Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by country, 2024-2031
8.4. Latin America
8.4.1. Asia Pacific Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Type, 2024-2031
8.4.2. Latin America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Raw Material, 2024-2031
8.4.3. Latin America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by End-User, 2024-2031
8.4.4. Latin America Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by country, 2024-2031.
8.5. Middle East & Africa
8.5.1. Middle East & Africa Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Type, 2024-2031
8.5.2. Middle East & Africa Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by Raw Material, 2024-2031
8.5.3. Middle East & Africa Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by End-User, 2024-2031
8.5.4. Middle East & Africa Sustainable Adhesives Market Revenue (US$ Million) & Volume (Kiloton) Estimates and Forecasts by country, 2024-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. BASF SE (Germany),
9.2.2. DuPont (US),
9.2.3. Henkel AG & Co. KGaA (Germany),
9.2.4. H.B. Fuller Company (US),
9.2.5. Jowat SE (Germany),
9.2.6. Dow (US),
9.2.7. Arkema (France),
9.2.8. Avery Dennison Corporation (US),
9.2.9. Synthos (Poland),
9.2.10. Paramelt B.V. (Netherlands),
9.2.11. Artience Co., Ltd. (Japan)
9.2.12. Other Prominent Players
Sustainable Adhesives Market By Type-
Sustainable Adhesives Market By Raw Material-
Sustainable Adhesives Market By End-Use Industry-
Sustainable Adhesives Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
