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Thermosetting Acrylic Adhesive Market Size And Revenue Outlook Through 2030
The thermosetting acrylic adhesive market size has experienced significant expansion in recent years. This market is projected to expand from $1.24 billion in 2025 to $1.32 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 6.5%. Historically, this growth has been driven by factors such as industrial bonding requirements, increased automotive assembly, constraints of solvent-based adhesives, advancements in construction materials, and the miniaturization of electronics.
The thermosetting acrylic adhesive market is projected to experience substantial expansion over the upcoming years. This market is forecast to reach $1.67 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.2%. Factors contributing to this expansion during the forecast period include electric vehicle production growth, lightweight material adoption, high temperature resistant materials demand, automation in manufacturing, and sustainable adhesive development. Key trends anticipated for the forecast period encompass rising demand for high strength structural bonding, growing use in automotive lightweighting, expansion of heat resistant adhesive applications, increased adoption in electronics assembly, and a focus on long term durability performance.
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Thermosetting Acrylic Adhesive Market Demand Drivers: What’s Powering Industry Growth?
The expansion of the thermosetting acrylic adhesive market is anticipated to be driven by the increasing prevalence of electric vehicles (EVs). Electric vehicles are defined as automobiles that run entirely or partially on electrical energy stored in batteries, as opposed to traditional fossil fuels. The growing adoption of electric vehicles is attributed to environmental concerns, given their ability to produce zero tailpipe emissions and contribute to reduced air pollution. Thermosetting acrylic adhesive supports electric vehicles by delivering strong, durable, and heat-resistant bonds for lightweight components, which enhances structural integrity and overall vehicle performance. For instance, in January 2024, the U.S. Department of Energy, a US-based government agency, reported that plug-in electric vehicles made up 9.8% of all light-duty vehicle sales in December 2023, an increase from 7.8% in December 2022. Throughout 2023, plug-in vehicles consistently comprised at least 8% of monthly sales, whereas in 2022 their share fluctuated between 5.5% and 7.8%. Therefore, the growth in electric vehicles (EVs) is acting as a catalyst for the expansion of the thermosetting acrylic adhesive market.
Thermosetting Acrylic Adhesive Market Segmentation: How Does The Market Break Down By Category?
The thermosetting acrylic adhesive market covered in this report is segmented –
1) By Type: Flexible Adhesives, Rigid Adhesives, High-Performance Adhesives, Low-Viscosity Adhesives, High-Viscosity Adhesives
2) By Feature: High Heat Resistance, Flexibility, Fast Curing, UV Stability
3) By Application: Automotive, Construction, Electronics, Woodworking, Packaging
4) By End User: Industrial, Commercial, Residential, Healthcare, Aerospace
Subsegments:
1) By Flexible Adhesives: Single-Part Flexible Adhesives, Two-Part Flexible Adhesives, Uv-Curable Flexible Adhesives, Solvent-Based Flexible Adhesives
2) By Rigid Adhesives: Single-Part Rigid Adhesives, Two-Part Rigid Adhesives, Heat-Curable Rigid Adhesives, Structural Rigid Adhesives
3) By High-Performance Adhesives: Impact-Resistant High-Performance Adhesives, Temperature-Resistant High-Performance Adhesives, Chemical-Resistant High-Performance Adhesives, Structural Bonding High-Performance Adhesives
4) By Low-Viscosity Adhesives: Single-Part Low-Viscosity Adhesives, Two-Part Low-Viscosity Adhesives, Solvent-Free Low-Viscosity Adhesives, Fast-Curing Low-Viscosity Adhesives
5) By High-Viscosity Adhesives: Paste-Form High-Viscosity Adhesives, Gel-Form High-Viscosity Adhesives, Structural High-Viscosity Adhesives, High-Strength High-Viscosity Adhesives
Thermosetting Acrylic Adhesive Market Innovation Trends: What Developments Are Reshaping The Industry?
Leading companies in the thermosetting acrylic adhesive market are concentrating on developing innovative products, such as two-part toughened acrylic systems, to boost bonding performance, decrease surface preparation requirements, and improve production efficiency in automotive, composite, and industrial applications. A two-part toughened acrylic system refers to an adhesive formulation comprising two reactive components that chemically cure to form a strong, impact-resistant, and durable thermoset bond. As an illustration, in January 2024, Permabond Engineering Adhesives Limited, a US-based firm specializing in high-performance bonding and sealing solutions, launched its advanced toughened acrylic adhesive, Permabond TA4208 Black. This versatile adhesive, designed to cater to the increasing demand within the composite materials sector, serves various industrial applications. Its two-part, 1:1 formulation possesses high viscosity and non-slumping properties, rendering it ideal for vertical and gap-filling uses. The innovative surface adhesion technology allows for strong bonding even on oily or oxidized surfaces, thereby minimizing the need for surface preparation. Furthermore, the adhesive provides rapid strength development, reaching high peel and shear strength within a mere 20 minutes, consequently enhancing productivity in fast-paced manufacturing settings.
Thermosetting Acrylic Adhesive Market Competitive Overview And Top Companies
Major companies operating in the thermosetting acrylic adhesive market are Dow Inc., 3M Company, Henkel AG & Co. KGaA, Sika AG, Wacker Chemie AG, H.B. Fuller, Bostik SA, Parson Adhesives Inc., ITW Performance Polymers, Permabond LLC, SAF-T-LOK International Corp., Loxeal LLC, WEICON Inc., Lord Corporation, Master Bond Inc., Bondloc UK Ltd., Arkema SA, Avery Dennison Corporation, National Adhesives & Sealants, Adhesive Applications Inc., Panacol-Elosol GmbH, Panacol USA Inc.
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Thermosetting Acrylic Adhesive Market Regional Analysis: Which Region Leads By Revenue?
North America was the largest region in the thermosetting acrylic adhesive market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermosetting acrylic adhesive market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
