Acrylic Adhesives Market Size & Share, By Product Type (Structural Acrylics, Non-Structural Acrylics, UV-Curable Acrylics); Application, End use - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2025-2037

Acrylic Adhesives Market Growth Drivers and Challenges:

Growth Drivers

• Rising demand in automotive and electronics sectors: In the automotive industry, the shift toward lightweight materials and electric vehicles (EVs) has boosted demand, with the global EV market projected to grow at a CAGR of 21.7% (2023-2030), increasing adhesive use in battery assembly and structural components. The electronics sector, driven by 5G, IoT, and miniaturization trends, is expected to expand at a CAGR of 8.5%, elevating demand for high-performance acrylic adhesives in displays and semiconductors. The global acrylic adhesives market is growing, with automotive and electronics applications contributing over 45% of total demand. Additionally, advancements in UV-curable and pressure-sensitive acrylic adhesives are further propelling adoption, ensuring strong market growth.
   
• Expansion of construction and infrastructure: The global construction industry is projected to grow at a CAGR of 6.5% (2024–2030), with infrastructure investments in emerging economies like India and China exceeding $2.5 trillion annually.  The acrylic adhesives market in construction is expected to reach $4.8 billion by 2030, accounting for 30% of total demand. The increasing adoption of prefabricated buildings, which rely heavily on high-strength adhesives, is further boosting growth, with prefab construction estimated to grow at 8.2% CAGR. Additionally, stringent regulations promoting energy-efficient buildings are accelerating the use of acrylic adhesives in green construction, reinforcing market expansion.

1. Market Volume and Growth Trends in the Acrylic Adhesives Market
   In line with the 4.3% yearly growth of the chemical industry as a whole, the global market for acrylic adhesives chemical exports grew rapidly between 2018 and 2023, reaching around $5.8 trillion in 2023 (S&P Global). Growth patterns by country show that the U.S. market has been steadily increasing shipments at a 5.9% CAGR, driven by the growing demand in the specialty chemicals and pharmaceuticals industries (EPA, DOE). With shipments growing at a rate of 6.6% each year due to increased industrialization and urbanization, especially in manufacturing hubs like Guangdong and Jiangsu, China continues to be a vital economic engine.
   
   Competitive Landscape and Strategic Positioning
   The top 10 exporters in the world account for around 71% of all exports, making them the dominant players in the acrylic adhesives market. In 2023, the EU, led by Germany, retained a 26% market share in chemical exports worldwide by utilizing its sophisticated manufacturing capabilities and strict quality requirements. The 5.9% increase in shipments in the U.S. market is indicative of robust innovation in medicines and specialty chemicals.
   
   BASF's $11.1 billion investment in Guangdong province, China, is one of its key strategic actions. Its goal is to grow its manufacturing and research and development capabilities to meet the demand in the Asia-Pacific region. Dow Chemical has expedited its foray into environmentally friendly packaging solutions by including bio-based acrylic adhesives in response to mounting regulatory demands and customer inclinations.

Data Integrity and Presentation

Executive Summary Dashboard

2. Producers and Operational Benchmarking

Growing production and operational capabilities are essential to satisfying the rising demand for acrylic adhesives worldwide, maintaining the robustness of the supply chain, and fostering innovation in environmentally friendly product lines. Major chemical companies' typical yearly revenue increase is between 5 and 8% when they invest in capacity upgrades, according to the European Chemicals Agency (ECHA) and the U.S. Department of Commerce. More capacity allows for quicker market reaction and access to new regional markets, especially in North America and Asia-Pacific, which together account for more than 62% of worldwide demand. For instance, the U.S. Chemical Safety and Hazard Investigation Board (CSB) indicates that increased safety procedures and improved manufacturing capacities result in a 12.2% reduction in downtime. Therefore, improving and growing production facilities has a direct impact on supply security and competitive positioning.

Top Global Acrylic Adhesives Producers

Acrylic Adhesives Production Data Analysis

3. Composition and Financial Overview of Japan’s Acrylic Adhesives Chemical Shipments

Over the last five years, petrochemicals, polymers, and specialty chemicals have contributed significantly to Japan's chemical shipments. Because of the consistent demand for basic chemicals, petrochemicals made up about 46% of all chemical shipments in 2022, valued at ¥13 trillion. Specialty chemicals made up 26%, supported by high-performance materials used in electronics and pharmaceuticals, while polymers made up 30.5%, supported by growth in the packaging and automotive industries. From 2018 to 2023, the value of shipments to the automotive industry increased by 8.6% annually, driven mostly by the need for strong, lightweight adhesives. The growth in semiconductor and consumer device production helped to drive an annual 6.5% increase in electronics shipments. Although Japan's rise in chemical shipments is almost in line with the global average, technical developments have led to a greater emphasis on specialty chemicals.

Leading companies' R&D expenditures, such as Mitsubishi Chemical's ¥152 billion investment in 2022, which was concentrated on bioplastics and digital solutions, highlight the industry's drive for innovation. Shin-Etsu Chemical's 2023 earnings of ¥1.3 trillion, a 12.3% increase from the previous year, demonstrated the top 30 companies' strong financial standing.

Challenges

• Stringent environmental regulations: Strict compliance standards are enforced by regulatory frameworks such as the EU's REACH legislation and the EPA's revised Toxic Substances Control Act (TSCA) in the USA. For instance, a major chemical company increased its market penetration by 16% in 2023 after investing $50.5 million in cleaner production technology to comply with EU regulations. These rules postpone the release of new products and raise operating expenses.
   
• Complex pricing models and volatile raw material costs: Petrochemical derivatives play a major role in the manufacturing of acrylic adhesives. According to WTO data, the volatility of feedstock costs rose 21% globally between 2021 and 2023. This resulted in varying product pricing and pressure on suppliers' margins, making demand forecasting and contract negotiations more difficult.