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Instant Adhesives Market

Instant Adhesives Market Analysis By Type (Metal, Plastic, Glass, Wood), By Application (Electronics, Wood and Veneer, Industrial) & By Region (North America, Europe, Asia Pacific, Latin America) - Global Market Insights 2023-2033

Analysis of Instant Adhesives Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Instant Adhesives Market Outlook (2023-2033)

The global instant adhesives market stands at US$ 2.7 billion in 2023 and is projected to reach a valuation of US$ 6.5 billion by the end of 2033, expanding at a CAGR of 9.3%.

The market for instant adhesives is anticipated to grow at a noticeable speed owing to rising investments by prominent players to launch cost-effective and efficient products.

Growing automation across end-use sectors is also bolstering the demand for instant adhesives. Automation and miniaturization in the electronics industry are likely to serve as significant growth-driving factors for the market.

There are a lot of instant adhesives that are one-part solvent-free and cure at the temperature of a room. These adhesives come with exceptional adhesion properties for the majority of substrates, which include wood, glass, composites, and metal. These adhesives cure at a rapid pace to form stiff thermoplastic if pushed between two dissimilar or similar materials.

Instant adhesives come with high chemical resistance, which is stimulating the demand for these products. In addition, these products come with excellent bonding and high curing strength. Thus, based on these features, instant adhesives are predicted to experience increased demand for use in different applications; for instance, electronics, consumer, woodworking, transportation, industrial, and medical.

Instant bond solutions are fast-facing and strong adhesives with household, industrial, and medical applications. These adhesives come with a composition of different esters of cyanoacrylic acid. These acryl groups rapidly polymerize in the presence of water in the resin. Thus, these adhesives are also known as superglues or power instant glues.

Instant adhesives are being used at an increased rate to cure and provide strong bonding strengths on rubber and plastic materials. Further, the versatility of these adhesives stimulates their applications across different industries. For example, in the electronics industry for the printing of circuit board components, these adhesives are widely used. In medical technology, instant adhesives are used for disposable plastic medical devices.

Light-curing cyanoacrylates have been acknowledged as one of the fastest and newest growing adhesives technologies across the industry. These newly developed solutions perform similarly to conventional instant adhesives. But, they come with added advantages of being tack-free and instantly cured if exposed to visible or UV light.

These recently developed adhesives do not use any type of solvent-borne accelerators to increase the speed of the respective process. As such, they reduce stress on multiple sensitive substrates, including polycarbonate and acrylics.

Report Attributes

Details

Market Size (2023)

US$ 2.7 Billion

Expected Market Value (2033)

US$ 6.5 Billion

Projected Growth Rate of Market (2023-2033)

9.3% CAGR

Canada Market Growth Rate (2023-2033)

8.3% CAGR

Japan Market Growth Rate (2023-2033)

5.5%

Key Companies Profiled

  • 3M Company
  • Toagosei Co., Ltd.
  • Chemence Limited
  • Royal Adhesives & Sealants, LLC
  • Dymax Corporation
  • Permabond LLC
  • Illinois Tool Works Incorporation (ITW)
  • Franklin International

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Why are Sales of Instant Adhesives Increasing Around the world?

“Rapidly Rising Demand from Automotive Industry for Instant Adhesives”

In recent years, there has been a significant increase in the demand for instant adhesives from the automobile industry. These solutions are used on dashboard leather, spark-plug lead covers, rubber on window frames, tail lamp decorations, and door handle parts.

Automation instrumentation is used to manufacture electronics. The buttons on DVD/CD players and magnetic heads in the industry of electronics manufacturing are applied with the help of these adhesives. Gaskets in vacuum cleaners and rubber vibration isolators in washing machines are using these instant adhesives for effective bonding.

“Growing Application of Instant Adhesives in Multiple Fields”

In the past few years, demand for instant adhesives is increasing at a noteworthy pace due to their application in different fields. These instant adhesives are used to bond plastics, rubber, metals, glass, and paper. Moreover, they are also used in electronics, assembly applications, automation, woodworking, coil termination, and tiny repairs.

Furthermore, cyanoacrylate adhesives are environmentally safe and fireproof. These features make them ideal solutions in automated dispensing systems during the construction of multiple products. In addition, these solutions are also used for the maintenance of repair shops.

“Technological Advancements in Instant Adhesives”

In recent years, various technological advancements are taking place in green technology that can contribute to the increased inclination of people toward these solutions. Consumers from developing nations are likely to demand these adhesive solutions due to their eco-friendly nature.

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How is Demand for Instant Adhesives Being Hit to Some Extent?

“Lessening Preference for Instant Adhesives Owing to Their Low-Temperature Resistance”

In the global market, there are a lot of instant adhesives that possess low-temperature resistance which can impact their application across different fields. In addition, these instant adhesives are also poor solvents that can put a direct impact on the demand for these products and thus restrict growth opportunities in the industry.

“Stringent Environmental Regulations to Limit Adoption of Instant Adhesives”

Manufacturers need to comply with environmental regulations for the production of instance adhesives. Flammability, toxicity, and acceptable drying time are also some key challenges that can put negative impacts on the market growth in the coming years. Further, the rapid conversion of these adhesives into thermoplastic resin in contact with moisture is likely to restrict the adoption of these products.

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Which Regional Market Holds the Largest Share of Industry Revenue?

“Rapidly Developing Automation Processes and Electronics Sector in Asia Pacific”

The Asia Pacific industry is projected to hold a dominating position in the global market because of the highly developed electronics and automation sectors. In addition, governments from regional countries are investing at an increased rate in the advancement of the automobile sector.

Manufacturers from the electronics industry are using instant materials at an increased rate owing to their properties. These adhesives can withstand temperatures to 120° C. The demand for instant fixing adhesives from filters, compressors, generators, motors, lighting fixtures, toys, cosmetic packages, medical devices, woodworking, and household appliances is also predicted to contribute to market growth.

Country-wise Insights

Which is the Leading Market for Instant Adhesives in the European Region?

“Germany Dominating the European Market Owing to Presence of Top Manufacturers”

The market in Germany is anticipated to advance at a CAGR of 6.3% through 2033 due to the presence of some key vendors and manufacturers there. Some of these manufacturers include 3M, Bostik, Henkel AG & Co. KGaA, and others, who are anticipated to adopt innovative growth-generating strategies.

Why Does the U.S. Market Lead the North American Region?

“Rapid Growth in Automotive Industry Fueling Demand for Instant Adhesives”

Demand for instant adhesives in the U.S. was more than US$ 537 million in 2022. The growth opportunities in the market are attributed to the rapid growth in the automotive industry there that is projected to stimulate demand for instant adhesives in the coming years.

Furthermore, the Canadian market is likely to progress at a CAGR of 8.3 % through 2033.

Why is the Market in Japan Growing at a Significant Rate?

“Rapid Growth in Electronics & Automation Sectors in Japan

The market in Japan is predicted to advance at a CAGR of 5.5% through 2033. The growth opportunities in the market are attributed to significant growth in the electronics and automation sectors. Moreover, the government, as well as private bodies, are also spending a handsome amount to bring advancements in the automotive industry that can also drive demand for instant adhesives.

Category-wise Insights

Which are the Leading Substrates of Instant Adhesives?

“Plastic-based Instant Adhesives Dominating Due to Their Easy Operation”

Metal, plastic, glass, wood, and other substrates are segments of instant adhesives, based on their types. Among these, plastic-based instant adhesives are used at a significant owing to their durability and easy operation.

Which End-Use Industry is Driving High Sales of Instant Adhesives?

“Wood and Veneer to Remain Lucrative Segment across the World”

The instant adhesives market is classified into electronics, wood and veneer, industrial, transportation, and others based on application. Among these, the wood and veneer sector is estimated to grow at a noteworthy CAGR of 8% through 2033 owing to the rapid use of instant adhesives.

Competitive Landscape

Prominent manufacturers of instant adhesives are investing at an increased rate in product innovation and advancements.

For instance :

  • Henkel, in July 2019 announced to invest US$ 45 million for the upgradation of its Salisbury NC adhesive plant which is situated in North America. This newly upgraded facility will encompass a new area for UV acrylic adhesives that are applied for tape & label packaging. This investment aims to strengthen the company’s position in North America which holds around 25% of its entire sale.

Key manufacturers in the instant adhesives market are 3M Company, Toagosei Co., Ltd., Chemence Limited, Royal Adhesives & Sealants, LLC, Dymax Corporation, Permabond LLC, Illinois Tool Works Incorporation (ITW), and Franklin International.

Segmentation of Instant Adhesives Industry Research

  • By Type :

    • Metal
    • Plastic
    • Glass
    • Wood
    • Other Substrates
  • By Application :

    • Electronics
    • Wood and Veneer
    • Industrial
    • Transportation
    • Others
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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The global instant adhesives market is predicted to progress at a significant CAGR of 9.3% through 2033.

Sales of instant adhesives are estimated at US$ 2.7 billion in 2023.

The Japanese market is predicted to advance at a CAGR of 5.5% through 2033.

The market in Canada is anticipated to progress at a noteworthy CAGR of 8.3%.

Worldwide sales of instant adhesives are projected to reach a value of US$ 6.5 billion by 2033.

Key distributors of instant adhesives are 3M Company, Toagosei Co., Ltd., Chemence Limited, Royal Adhesives & Sealants, LLC, Dymax Corporation, Permabond LLC, and Franklin International.

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