Adhesives Market Size

Adhesives Market size was valued at USD 64.78 billion in 2023 and is expected to reach USD 123.67 billion by 2036, expanding at around 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of adhesives is assessed at USD 67.42 billion.

Adhesives are composed of different resins which are capable of holding materials together by surface attachment. They are used widely in industrial and domestic applications ranging from packaging and construction to footwear and healthcare industries. The growth of advanced adhesives is majorly stimulated by the latest trends concerning material advancements and technological development associated with the material formulation. Rising demand for different adhesives used in a diverse range of end use industries is a key factor anticipated to propel the market growth throughout the forecast period, i.e. 2024-2036.