The Global Low Shrinkage Adhesive Market was valued at USD 3.50 Billion in 2023 and is projected to reach USD 5.82 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period (2024–2030). This robust growth is driven by the escalating demand from the electronics and automotive sectors, a heightened focus on high-performance assemblies, and the accelerating adoption of advanced materials in aerospace and medical device manufacturing.

As industries increasingly require precise, reliable, and durable bonds with minimal dimensional change, the demand for low shrinkage adhesives is surging. In this blog, we profile the Top 10 Companies in the Low Shrinkage Adhesive Industry—a mix of chemical giants, specialty formulators, and technology innovators who are defining the future of bonding solutions.

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: LOCTITE® epoxy, acrylic, and cyanoacrylate adhesives

Henkel is a global leader in adhesives, sealants, and functional coatings, with its LOCTITE brand being synonymous with high-performance bonding. The company offers a comprehensive portfolio of low shrinkage formulations specifically engineered for electronics, automotive, and aerospace applications where precision is paramount.

Innovation and Market Focus:

• Extensive R&D in epoxy and acrylic chemistries for minimal volumetric shrinkage
• Strong presence in the electric vehicle (EV) battery assembly market
• Commitment to sustainable adhesive solutions with reduced environmental impact

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9️⃣ 2. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Scotch-Weld™ epoxies, structural acrylics, and film adhesives

3M’s Industrial Adhesives and Tapes Division provides a wide array of low shrinkage solutions. Their products are critical in applications requiring high strength and dimensional stability, such as bonding composite materials in aerospace and securing delicate components in consumer electronics.

Innovation and Market Focus:

• Pioneering development of light-curable adhesives with ultra-low shrinkage
• Focus on solutions for 5G infrastructure and advanced electronics packaging
• Global supply chain ensuring consistent quality and availability

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Global Low Shrinkage Adhesive Market – View in Detailed Research Report

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8️⃣ 3. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: ARALDITE® epoxy resins and hardeners

Huntsman’s Advanced Materials division is a key supplier of epoxy-based systems known for their excellent mechanical properties and low shrinkage upon curing. These materials are essential for wind turbine blades, automotive composites, and protective coatings.

Innovation and Market Focus:

• Development of bio-based and low-viscosity epoxy formulations
• Strategic focus on the renewable energy and lightweight transportation sectors
• Technical support services for complex application engineering

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7️⃣ 4. Dow Silicones Corporation (Dow Corning)

Headquarters: Midland, Michigan, USA
Key Offering: Silicone-based adhesives, sealants, and potting compounds

Dow, incorporating the legacy technologies of Dow Corning, is a dominant force in silicone chemistry. Their silicones exhibit inherently low shrinkage and exceptional flexibility, making them ideal for applications subject to thermal cycling and stress, such as in LED packaging and automotive electronics.

Innovation and Market Focus:

• Leadership in high-purity silicones for medical and electronics industries
• Innovations in thermally conductive but dimensionally stable adhesives
• Strong sustainability agenda with products supporting energy efficiency

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6️⃣ 5. Parker Hannifin Corporation (LORD Corporation)

Headquarters: Charlotte, North Carolina, USA
Key Offering: LORD® structural adhesives, epoxies, and cyanoacrylates

Since its acquisition by Parker Hannifin, LORD Corporation continues to be a premier provider of high-performance adhesives. Their products are renowned for durability and minimal shrinkage, serving demanding markets like aerospace, defense, and industrial automation.

Innovation and Market Focus:

• Expertise in vibration damping and shock-resistant adhesive formulations
• Critical supplier to the aerospace industry for composite bonding
• Focus on adhesives that withstand extreme environmental conditions

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5️⃣ 6. Ashland Global Holdings Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: AROCURE® light-curing adhesives, epoxies, and polyurethanes

Ashland specializes in specialty chemicals and formulated adhesives. Their low shrinkage products are widely used in optoelectronics, medical device assembly, and transparent bonding applications where clarity and precision are non-negotiable.

Innovation and Market Focus:

• Advanced light-curing technology for rapid processing and low stress
• Development of biocompatible adhesives for medical applications
• Growing portfolio of sustainable and water-based adhesive solutions

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4️⃣ 7. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Aerospace and industrial coatings, specialty adhesives

While primarily known for paints and coatings, AkzoNobel possesses significant expertise in high-performance adhesives, particularly for the aerospace sector. Their formulations are critical for bonding aircraft interiors and components, requiring fire resistance and minimal shrinkage.

Innovation and Market Focus:

• Focus on weight reduction and safety solutions for aerospace
• Investment in sustainable adhesive technologies aligned with circular economy principles
• Global network serving a diverse industrial customer base

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3️⃣ 8. Master Bond Inc.

Headquarters: Hackensack, New Jersey, USA
Key Offering: Epoxy, silicone, and UV curing adhesive systems

Master Bond is a recognized formulator and manufacturer of high-performance specialty adhesives. The company caters to niche applications requiring specific properties, such as chemical resistance, high temperature stability, and, crucially, very low shrinkage.

Innovation and Market Focus:

• Custom formulation capabilities for unique application challenges
• Strong focus on the medical, electronic, and optical industries
• Reputation for technical expertise and customer-specific solutions

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2️⃣ 9. Sika AG

Headquarters: Baar, Switzerland
Key Offering: SikaForce® structural adhesives, sealing, and damping materials

Sika is a key player in construction and industrial bonding. Their low shrinkage adhesives are essential in automotive manufacturing for body-in-white assembly and in construction for anchoring and fixing, where precision ensures long-term structural integrity.

Innovation and Market Focus:

• Leading solutions for vehicle lightweighting through multi-material bonding
• Acquisition strategy to bolster technology portfolio and geographic reach
• Commitment to reducing the carbon footprint of its products

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1️⃣ 10. Permabond Engineering Adhesives

Headquarters: Hampshire, United Kingdom
Key Offering: Anaerobic, cyanoacrylate, and epoxy adhesives

Permabond specializes in engineering adhesives for industrial manufacturing and repair. Their products are designed to provide strong, reliable bonds with minimal shrinkage, serving industries from automotive and aerospace to renewable energy and general industrial maintenance.

Innovation and Market Focus:

• Expertise in threadlocking, retaining, and sealing applications
• Development of high-strength, fast-curing formulations for production lines
• Global distribution network supporting manufacturing hubs worldwide

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Global Low Shrinkage Adhesive Market – View in Detailed Research Report

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🧠 Outlook: The Future of Low Shrinkage Adhesives is Smarter and More Sustainable

The low shrinkage adhesive market is undergoing a significant transformation. While traditional epoxy and acrylic chemistries continue to dominate, the industry is innovating with new formulations that offer enhanced performance, faster curing times, and improved sustainability profiles.

📈 Key Trends Shaping the Market:

• Rising demand from the electric vehicle (EV) sector for battery pack assembly and component bonding
• Growth in miniaturized electronics requiring ultra-precise adhesive dispensing and stability
• Development of bio-based and recyclable adhesive systems to meet environmental regulations
• Increased adoption of dual-cure (UV/thermal) systems for complex assembly processes

Get Full Report Here:
Global Low Shrinkage Adhesive Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they are enabling technological advancement across industries by providing the precision and reliability that modern manufacturing demands.