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North America Acrylic Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by Technology (Water-based, Solvent-based, Reactive, and Other Technologies), End-user Industry (Packaging, Building and Construction, Transportation, Electrical and Electronics, Sporting Goods, Woodworking, and Other End-user Industries), and Geography (United States, Canada, Mexico, and Rest of North America).

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North America Acrylic Adhesives Market Size

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North America Acrylic Adhesives Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 4.00 %
Market Concentration Low

Major Players

North America Acrylic Adhesives Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Acrylic Adhesives Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

North America Acrylic Adhesives Market Analysis

North America acrylic adhesives market is expected to grow at a CAGR of over 4% during the forecast period. The demand for acrylic adhesives is widely driven with growth in the number of construction projects and growth of packaging industry. However, the market growth may be hindered by the stringent VOC emission regulations related to acrylic adhesives disposal and/or substitution from different feedstock.

  • The water-based acrylic adhesives segment is expected to be the fastest growing segment, owing to the increasing consumer awareness about the ill-effects of solvent-based adhesives on environment and human health.
  • Shifting focus towards the bio-based adhesives and replacement of solvent-borne adhesives in construction industry are likely to offer opportunities for the acrylic adhesives market in North America.
  • United States stand to be the largest market for acrylic adhesives in the region, with consumption being majorly driven by the end-user industries, like construction, electronics and packaging.

North America Acrylic Adhesives Market Trends

This section covers the major market trends shaping the North America Acrylic Adhesives Market according to our research experts:

Packaging Industry to Dominate the Market

  • The packaging industry dominates the consumption of acrylic adhesives, as they are widely useful in the manufacturing of various products, such as tapes, cases, labels, and cartons.
  • In North America, countries such as United States, Canada and Mexico have strong dependency on processed and packaged food.
  • Further, growing e-commerce, online food deliveries, and innovation and development related to product packaging have been influencing the demand for packaging materials in the region.
  • However, flexible packaging segment of the packaging industry is witnessing strong growth in food and consumer goods industry, owing to its lightweight and ease of handling benefits.
  • Hence, all such trends influencing the demand for packaging materials are further increasing the consumption of acrylic adhesives in packaging industry.
North America Acrylic Adhesives Market Revenue Share

United States to Dominate the Market

  • United States dominate the consumption of acrylic adhesives in the region. Strong growth of packaging industry, innovation and development of advanced electronics and growing e-commerce industry have been significantly contributing to the demand for acrylic adhesives in the country.
  • In the United States, the packaging industry is estimated to witness a CAGR of around 5%, by revenue, during the forecast period. The flexible packaging market is growing at a faster pace, owing to its benefits, such as easy handling, compact packaging, and light weight.
  • The changing trends in consumer behavior and manufacturers' ease in convenience are resulting in faster growth of the flexible packaging market in the country, which is further benefiting the market studied.
  • Further, the United States electronics market stands to be the largest in the world in terms of size. The usage of advanced technology, an increase in the number of R&D centers, and development of advanced technology in the country is expected to drive the growth of electronics industry in the country, which is further expected to drive the demand for acrylic adhesives over the forecast period.
North America Acrylic Adhesives Market Revenue Share

North America Acrylic Adhesives Industry Overview

North America acrylic adhesives market is fragmented in nature. Some of the keyplayers in the market includes 3M, Arkema Group, Sika AG, H.B. Fuller, and Henkel AG & Co. KGaA, amongst others.

North America Acrylic Adhesives Market Leaders

  1. 3M

  2. Arkema Group

  3. H.B. Fuller

  4. Henkel AG & Co. KGaA

  5. Sika AG

*Disclaimer: Major Players sorted in no particular order

Market Concentration - North America Acrylic Adhesives Market.png
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North America Acrylic Adhesives Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Report

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand from Packaging Industry

      2. 4.1.2 Increase in the Number of Construction Projects

    2. 4.2 Restraints

      1. 4.2.1 Availability of Alternative Feedstocks for Adhesives

      2. 4.2.2 Stringent Environmental Regulations Regarding VOC Emissions

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Technology

      1. 5.1.1 Water-based

      2. 5.1.2 Solvent-based

      3. 5.1.3 Reactive

      4. 5.1.4 Other Technologies

    2. 5.2 End-user Industry

      1. 5.2.1 Building and Construction

      2. 5.2.2 Electrical and Electronics

      3. 5.2.3 Packaging

      4. 5.2.4 Sporting Goods

      5. 5.2.5 Transportation

      6. 5.2.6 Woodworking

      7. 5.2.7 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico

      4. 5.3.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Adhesives Research Inc.

      3. 6.4.3 American Biltrite Far East Inc.

      4. 6.4.4 Arkema Group

      5. 6.4.5 Ashland

      6. 6.4.6 Avery Dennison Corporation

      7. 6.4.7 Beardow Adams

      8. 6.4.8 Dow

      9. 6.4.9 DuPont

      10. 6.4.10 Dymax Corporation

      11. 6.4.11 Franklin International

      12. 6.4.12 H.B. Fuller

      13. 6.4.13 Henkel AG & Co. KGaA

      14. 6.4.14 Hexion

      15. 6.4.15 Huntsman International LLC

      16. 6.4.16 ITW Performance Polymers (Illinois Tool Works Inc.)

      17. 6.4.17 Jowat AG

      18. 6.4.18 Mapei Inc.

      19. 6.4.19 Tesa SE (A Beiersdorf Company)

      20. 6.4.20 MUNZING Corporation

      21. 6.4.21 Paramelt B.V.

      22. 6.4.22 Permabond LLC

      23. 6.4.23 Pidilite Industries Ltd.

      24. 6.4.24 Sika AG

      25. 6.4.25 Wacker Chemie AG

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Shifting Focus Towards the Bio-based Adhesives

    2. 7.2 Replacement of Solvent-borne Adhesives in Construction Industry

**Subject to Availability
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North America Acrylic Adhesives Industry Segmentation

North America acrylic adhesives market report include:

Technology
Water-based
Solvent-based
Reactive
Other Technologies
End-user Industry
Building and Construction
Electrical and Electronics
Packaging
Sporting Goods
Transportation
Woodworking
Other End-user Industries
Geography
United States
Canada
Mexico
Rest of North America
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North America Acrylic Adhesives Market Research FAQs

The North America Acrylic Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

3M, Arkema Group, H.B. Fuller, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the North America Acrylic Adhesives Market.

The report covers the North America Acrylic Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Acrylic Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Acrylic Adhesives Industry Report

Statistics for the 2024 North America Acrylic Adhesives market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America Acrylic Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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North America Acrylic Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)