# 24chemicalresearch.com – Global Analysis, 2024
The Global is projected to reach **USD 2.1 billion by 2030**, growing at a CAGR of **8.3%** from 2024 to 2030. This growth is driven by increasing vehicle production, lightweighting trends, and the shift towards electric vehicles (EVs) requiring advanced bonding solutions.
## Market Size and Growth Trends
– **2023 Market Size:** USD 1.4 billion
– **2030 Projection:** USD 2.1 billion
– **CAGR (2024-2030):** 8.3%
The market is primarily driven by the automotive industry’s adoption of lightweight materials and the need for strong, durable bonds in vehicle structures.
—
## Top 10 Global Automotive Structural Adhesives Manufacturers
### 1. **Henkel AG & Co. KGaA (Germany)**
– **Revenue (2023):** USD 25.3 billion
– **Market Share:** 18%
– **Key Products:** Loctite, Terokal, Lociite
– **Specialization:** High-strength adhesives for EV battery assembly and light-weighting applications
### 2. **3M Company (USA)**
– **Revenue (2023):** USD 34.0 billion
– **Market Share:** 12%
– **Key Products:** Scotch-Weld, Structural Adhesive Tapes
– **Specialization:** Aerospace and automotive composite bonding
### 3. **Sika AG (Switzerland)**
– **Revenue (2023):** USD 11.5 billion
– **Market Share:** 10%
– **Key Products:** Sikaflex, SikaBond
– **Specialization:** Transportation and construction adhesives
### 4. **H.B. Fuller Company (USA)**
– **Revenue (2023):** USD 3.5 billion
– **Market Share:** 8%
– **Key Products:** Epoxy, polyurethane adhesives
– **Specialization:** Industrial adhesives and sealants
### 5. **Arkema S.A. (France)**
– **Revenue (2023):** USD 13.5 billion
– **Marketay Share:** 7%
– **Key Products:** Elium, Pebax
– **Specialization:** High-performance polymers and adhesives
### 6. **Huntsman Corporation (USA)**
– **Revenue (2023):** USD 7.2 billion
– **Market Share:** 6%
– **Key Products:** Araldite, Araldite
– **Specialization:** Epoxy and polyurethane adhesives
### 7. **PPG Industries, Inc. (USA)**
– **Revenue (2023):** USD 17.8 billion
– **Market Share:** 5%
– **Key Products:** Structural adhesives for automotive and aerospace
– **Specialization:** Coatings and adhesives
### 8. **Jowat SE (Germany)**
– **Revenue (2023):** USD 0.9 billion
– **Market Share:** 3%
– **Key Products:** Jowat adhesives
– **Specialization:** Industrial adhesives and sealants
### 9. **Wacker Chemie AG (Germany)**
– **Revenue (2023):** USD 6.5 billion
– **Market Share:** 3%
– **Key Products:** Silicone adhesives and sealants
– **Specialization:** High-performance silicones
### 10. **ThreeBond Holdings Co., Ltd. (Japan)**
– **Revenue (2023):** USD 1.2 billion
– **Market Share:** 2%
– **Key Products:** Structural adhesives and sealants
– **Specialization:** Automotive and electronics adhesives
—
## Market Drivers and Trends
1. **Lightweighting in Automotive:** Adhesives reduce weight compared to mechanical fasteners.
2. **Electric Vehicle (EV) Boom:** EV batteries and structures require high-strength bonding.
3. **Sustainability:** Adhesives enable recycling and reduce material usage.
4. **Regulatory Standards:** Safety standards (e.g., crashworthiness) drive adoption.
## Regional Analysis
– **North America:** Largest market due to high automotive production and R&D.
– **Europe:** Strong growth due to stringent emission norms and EV adoption.
– **Asia-Pacific:** Fastest-growing region due to expanding automotive industries in China and India.
## Future Outlook
The market is set to grow as vehicle production increases and adhesives replace traditional fastening. Emerging economies and the EV revolution will be key growth drivers.
—
### Download FREE Sample Report:
[Download Now](https://www.24chemicalresearch.com/download-sample/241311/global-automotive-structural-adhesives-forecast-edition-market-2023-2032-432)
### Read Full Report:
[View Report](https://www.24chemicalresearch.com/reports/241311/global-automotive-structural-adhesives-forecast-edition-market-2023-2032-432)
*Note: Data are for 2023-2024 and projections are based on current trends. Henkel and 3M lead the market due to their extensive product range and global presence.*
- Sodium Monochloro Acetate Market - October 22, 2025
- Global and Regional Diphenyldiethoxysilane Industry Status and Prospects Professional Market - October 22, 2025
- Global Aluminous Cement Market: Key Players, Trends, and Growth Forecasts 2023-2029 - October 22, 2025