United States Adhesives and Sealants Market Report and Forecast 2024-2032

United States Adhesives and Sealants Market Outlook

The United States adhesives and sealants market size reached approximately USD 10.51 billion in 2023. The market is estimated to grow at a CAGR of 4.4% in the forecast period of 2024-2032, reaching a value of around USD 15.56 billion by 2032.

Key Trends in the Market

Adhesives are materials which are used to join two surfaces together whereas sealants provide a barrier between two surfaces to prevent the passage of air, moisture, and other elements. These versatile substances find growing applications in end-use sectors such as automotive, construction, and packaging, among others.

• Growing demand for low VOC adhesives and sealants, amid stringent regulations to reduce the use of VOCs that contribute to ozone depletion, is a major factor driving the United States adhesives and sealants market growth. These materials have minimal impact on indoor air quality as well as human health, making them a safer option compared to standard materials.

• Rising applications of adhesives and sealants in the healthcare sector after surgical procedures is a crucial trend aiding the market expansion. Adhesives can hold two sides of tissues together to promote wound healing whereas sealants can be used to prevent the leakage of air and fluids such as blood.

• Increased implementation of automation technology in the adhesive manufacturing process to improve the quality and precision of the process for delivering high-end materials is also expected to promote the United States adhesives and sealants market demand. Depending upon the level of complexity of adhesives, automation tools can be either manual, semi-automated, or fixed automation handles that provide specific operations.

• Market players are readily launching innovative adhesives and sealants for use in wearable devices in the medical sector. For example, in February 2023, 3M, a US-based company, launched skin-sticking adhesives for medical wearables that can last up to 4 weeks.

United States Adhesives and Sealants Market Segmentation

Based on type, the market is divided into adhesives and sealants. Based on resin type, the adhesives segment is further classified into polyurethane, epoxy, acrylic, silicone, cyanoacrylate, and VAE, among others, whereas the sealants segment is further categorised into polyurethane, epoxy, acrylic, and silicone, among others. On the basis of technology, the adhesives segment is further classified into solvent based, water based, hot melt, and reactive, among others.

Based on end use, the market is segmented into electronics, automotive, building and construction, footwear and leather, aerospace, healthcare, packaging, and woodwork and joinery, among others.

The major regional markets of adhesives and sealants in the United States include New England, the Mideast, the Great Lakes, the Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States adhesives and sealants market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Henkel AG & Co. KGaA

• 3M Co.

• Saint Gobain SA

• Wacker Chemie AG

• Sika AG

• Arkema SA

• H.B. Fuller Company

• Evonik Industries AG

• Dow Inc.

• Parker Hannifin Corp

• Huntsman International LLC

• American Sealants, Inc.

• Others

Market Share by Type

Adhesives occupy a significant portion of the United States adhesives and sealants market share, owing to the growing demand for water-based adhesives that are resistant to moisture and water and find multiple applications in the automotive, paper labelling, and woodworking sectors. Reactive adhesives are also widely implemented for heavy-load industrial applications as they offer quick bonding and curing of surfaces.

Meanwhile, sealants are expected to witness sizeable growth in the upcoming years, due to the high demand for silicone adhesives that offer excellent water and temperature resistance, flexibility, and binding properties.

Market Share by End Use

As per the United States adhesives and sealants market analysis, the packaging sector accounts for a substantial market share, owing to the high usage of adhesives and sealants for food packaging solutions. Growing utilisation of these materials for PPE kits and surgical masks, among other healthcare packaging products, also aids the segment’s growth.

The automotive sector is expected to foresee robust growth in the forecast period, due to the increased implementation of adhesives and sealants in repairing and joining different components of vehicles without the necessity of welding.

Competitive Landscape

Henkel AG & Co. KGaA, established in 1876, is a global chemical and consumer goods company, headquartered in Dusseldorf, Germany. The company contributes to the circular economy by utilising materials from sustainable sources, developing recycled packaging, and minimising resource consumption. Some of its popular brands include Dial, Fa, Loctite, and Persil, among others.

3M Co. is a multinational conglomerate of consumer goods and healthcare, incorporated in 1902 and based in Minnesota, the United States. Its comprehensive range of products includes adhesives, abrasives, sealants, tapes, films and sheeting, and personal protective equipment, among others. The company produces over 60,000 products and has operational units in more than 70 countries.

Saint Gobain SA, founded in 1665, is a multinational leader in materials and solutions, based in La Defense, France. The company has a strong network of over 170,000 employees in 76 countries. It is also committed to achieving net zero carbon emissions by the year 2050 to promote sustainability in the market.

Other United States adhesives and sealants market players include Wacker Chemie AG, Sika AG, Arkema SA, H.B. Fuller Company, Evonik Industries AG, Dow Inc., Parker Hannifin Corp., Huntsman International LLC, and American Sealants, Inc., among others.

Key Highlights of the Report