High Temperature Adhesives Market size was valued at USD 6.97 billion in 2024 and is set to exceed USD 18.28 billion by 2037, registering over 7.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of high temperature adhesives is evaluated at USD 7.4 billion.. The growth of this market can be attributed to the rising global manufacturing production along with rising popularity of adhesives in the manufacturing process owing to their properties such as strong bonding, durability, and high temperature resistance. The global manufacturing production increased by 7.2% in 2021, exceeding the level pre-pandemic. In 2021, the manufacturing value added share in total GDP increased to 16.9% from 16.2% in 2015. The rising production of manufactured goods is resulting in an increased demand for high temperature adhesives. These adhesives are used for a variety of applications, such as automotive, electrical and electronics, construction, and other industrial applications, where they are needed to withstand high temperatures and provide a strong bond.
In addition to these, factors that are believed to fuel the high temperature adhesives market growth of high temperature adhesives include the increasing demand from end-use industries, such as automotive, healthcare, and electronics, owing to the superior performance of high temperature adhesives over traditional adhesives. Furthermore, the growing need for lightweight, durable, and cost-effective solutions in the automotive industry is expected to further propel the high temperature adhesives market growth of high temperature adhesives. The use of lightweight materials in automobiles has increased in recent years as manufacturers strive to meet fuel efficiency standards. Lightweight materials such as aluminum and composite materials enable manufacturers to reduce the weight of their vehicles, which in turn increases their fuel efficiency. The fuel economy of a vehicle can be improved by 6%-8% by reducing the vehicle's weight by 10%. The use of lightweight components and engines powered by advanced materials could save more than 5 billion gallons of fuel each year by 2030 in a quarter of the U.S. fleet.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
7.7% |
Base Year Market Size (2024) |
USD 6.97 billion |
Forecast Year Market Size (2037) |
USD 18.28 billion |
Regional Scope |
|
Adhesive Resin Type (Epoxy, Silicone, Polyurethane, Acrylic, Other Resin Types)
The global high temperature adhesives market is segmented and analyzed for demand and supply by adhesive resin type into epoxy, silicone, polyurethane, acrylic and other resin types. Out of these, the epoxy segment is estimated to gain the largest market share of about 28% in the year 2037. The growth of the segment can be attributed to the epoxy's superior adhesion, excellent chemical resistance and wide temperature range make it an ideal adhesive for many applications. Additionally, its low shrinkage, good gap filling properties and fast curing time are some other factors that are contributing to its growing popularity in the market. Moreover, rising exports of epoxy adhesives owing to the increasing demand for epoxy adhesives in the automotive and construction industries is projected to drive segment growth. A recent update to export data reveals that in 2023, 138 India exporters exported epoxy adhesive to 327 buyers for 1.2K shipments. With 9,600 shipments, South Korea is the top exporter of Epoxy adhesive followed by the US with 7,720 and China at the 3rd spot with 5,120.
End-user (Electrical, Electronics, Building, Construction, Automotive, Medical Devices, Instruments, Aerospace, Defense)
The global high temperature adhesives market is segmented and analyzed for demand and supply by end user industry into electrical and electronics, building and construction, automotive, medical devices and instruments, aerospace and defense and others. Out of these, the electrical and electronics segment in market is estimated to gain the significant market share of about 31% in the year 2037. The growth of the segment can be attributed to the growing demand for high-end electronic gadgets such as smartphones, televisions, and laptops. As a result of the growing number of people embracing technology and the availability of more affordable and feature-rich devices. Additionally, the increasing need for better performance and durability of these gadgets has driven the demand for high temperature adhesives. There is an increasing demand for high temperature adhesives as they are better able to withstand the heat generated by the complex circuitry of these devices and provide a secure bond between the components. Furthermore, they are more able to withstand the high temperatures generated during the manufacturing process, as well as provides a long-lasting bond between the components, thereby increasing the life and performance of the device.
Our in-depth analysis of the global market includes the following segments:
By Adhesive Resin Type |
|
By Polymer Type |
|
By End User |
|
APAC Market Statistics
The high temperature adhesives market Asia Pacific, amongst the market in all the other regions, is projected to be the largest with a share of about 37% by the end of 2037. The growth of the market can be attributed majorly to the rising demand for consumer electronics along with increasing vehicular production. The growing adoption of high temperature adhesives in these sectors, and the increasing awareness about the properties of high temperature adhesives are some of the key factors driving the growth of the market in the region. A total of 22,933,230 vehicles were produced by the Indian automobile industry in April 2021 to March 2022, comprising passenger cars, commercial vehicles, three-wheelers, two-wheelers, and quadricycles. Furthermore, the total number of vehicles produced and sold in China in January 2023 was 1,594,000 units and 1,649,000 units, respectively. High temperature adhesives offer beneficial properties such as higher strength, better heat resistance and improved durability compared to traditional adhesives. This makes them ideal for use in vehicles and automobiles, where these properties are essential for ensuring the longevity and reliability of the vehicle.
North American Market Forecast
The North America high temperature adhesives market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The growth of the market can be attributed majorly to the increasing demand for lightweight materials in the construction and transportation industries owing to the focus on reducing greenhouse gas emissions in region. This has increased the demand for high temperature adhesives which are capable of bonding lightweight materials. Additionally, the increasing focus on the development of smart cities in the region is expected to fuel the market growth over the forecast period. Smart cities have a number of components that require the use of high temperature adhesives, such as electronic components, sensors, and other building materials. As more cities invest in developing smart infrastructure, the demand for high temperature adhesives is expected to increase.
Europe Market Forecast
Further, the high temperature adhesives market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The region has the highest demand for high temperature adhesives owing to the presence of advanced manufacturing technologies that require the use of high temperature adhesives. Furthermore, the region is home to some of the world's leading automotive and aerospace manufacturers that are increasingly looking for high temperature adhesives to meet their stringent requirements. These manufacturers require high temperature adhesives for applications such as bonding composites, metals, and plastics in extreme temperature conditions. The superior performance of these high temperature adhesives makes them ideal for the rigorous demands of these industries.
DELO Industrial Adhesives has introduced the DELO MONOPDX HT2999 adhesive, which was specifically developed for automotives and mechanical engineering applications. This new adhesive offers a high temperature resistance up to 150°C, as well as a low viscosity and fast curing time.
The new medical adhesive by 3M can stick to the skin for up to 28 days and is intended to be used with a broad range of health monitors, sensors, and long-term wearables. The adhesive is unique on account of its water-resistant properties, allowing it to stay on the skin even during showering and swimming. It is also designed to be hypoallergenic and to minimize irritation and inflammation.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?