Japan Composite Adhesive Market Size, Share & Trends Analysis Report By Product, By Application (Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, Construction & Infrastructure, and Others), and Forecast, 2023 - 2030

The Japan Composite Adhesive Market size is expected to reach $396.07 Million by 2030, rising at a market growth of 4.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 83.29 Kilo Tonnes, experiencing a growth of 3.8% (2019-2022).

The Japan composite adhesive market is a leader in technological innovation, providing an extensive selection of state-of-the-art adhesive solutions that serve the varied requirements of the automotive, aerospace, electronics, construction, and marine sectors. One of the key technological advancements in the Japan composite adhesive market is the development of advanced formulations that offer superior bonding strength, durability, and performance in extreme conditions. Adhesive manufacturers in Japan are continuously innovating to improve the properties of composite adhesives, making them more resilient to factors such as temperature variations, moisture, chemicals, and mechanical stress. This focus on advanced formulations has led to the creation of adhesives that meet the stringent requirements of modern manufacturing processes, particularly in industries like aerospace and automotive, where performance and reliability are critical.

Furthermore, Japan is known for its expertise in nanotechnology, which has been instrumental in driving advancements in composite adhesive materials. Nanotechnology has enabled the development of adhesives with enhanced properties at the molecular level, such as improved adhesion, reduced curing times, and increased resistance to environmental factors. These advancements have contributed to developing next-generation composite adhesives that offer superior performance and durability, further strengthening Japan's position as a leader in adhesive technology.

Moreover, the Japan composite adhesive market has seen significant progress in developing environmentally friendly adhesive solutions. In response to the rising concern for sustainability and environmental regulations, adhesive manufacturers in Japan are endeavoring to create formulations that are more ecologically sustainable, with the aim of mitigating the ecological consequences associated with composite bonding processes. This includes the development of adhesives with reduced VOC emissions, recyclable properties, and bio-based components, aligning with Japan's commitment to sustainability and green manufacturing practices.

The pandemic caused shifts in demand dynamics within the Japan composite adhesive market. While certain sectors, such as automotive and aerospace, experienced a slowdown in demand due to reduced production and travel restrictions, other sectors, like construction and electronics, saw sustained or increased demand for composite adhesives. For example, the construction industry continued to require adhesives for infrastructure projects, albeit with adjustments due to pandemic-related restrictions.

Market Trends

Rising use of cyanoacrylate composite adhesives

Cyanoacrylate adhesives, commonly known as superglues, are valued for their fast curing time, strong bond strength, and versatility in bonding a wide range of materials. This has increased their popularity in diverse applications, including industrial manufacturing, electronics assembly, automotive production, and consumer goods. The increasing prevalence of cyanoacrylate-based composite adhesives in Japan can be attributed, in large part, to their capacity to effectively and promptly adhere to surfaces. In industries where rapid assembly and production are essential, such as electronics manufacturing and automotive assembly, the fast-curing properties of cyanoacrylate adhesives offer significant advantages in reducing production time and increasing efficiency. This has led to their widespread adoption in high-speed production lines where rapid bonding is critical to meet demand.

Moreover, cyanoacrylate adhesives are known for their excellent adhesion to various substrates, including metals, plastics, rubber, and ceramics. These adhesives are utilized to join components of varying material properties for a vast array of applications spanning numerous industries, owing to their adaptability. In the automotive industry, for example, cyanoacrylate adhesives are used for bonding interior trim components, sealing electronic modules, and securing sensors due to their ability to bond dissimilar materials effectively. Thus, as Japan continues to emphasize innovation and advanced manufacturing techniques, cyanoacrylate adhesives are expected to play an increasingly important role in meeting the evolving bonding needs of industries in the country.

Rapid expansion of the electrical & electronics sector

Japan has a rich history of pioneering breakthroughs in electronics, including the development of advanced semiconductor technologies, consumer electronics, and digital devices. This culture of innovation continues to drive the sector forward, with Japanese companies at the forefront of developing cutting-edge electronic components, devices, and systems. Moreover, Japan's electrical & electronics sector is benefiting from the increasing demand for domestically and internationally electronic products. The demand for sophisticated electronic components and systems is propelled by the increasing prevalence of smart technologies, the growing adoption of electronic devices across industries, and the expansion of digital infrastructure. Japan's expertise in manufacturing high-quality electronic products has positioned it as a leading supplier in the market, contributing to the sector's rapid growth and expansion.

Furthermore, the integration of electronics into diverse industries such as automotive, healthcare, and energy is fueling the expansion of Japan's electrical & electronics sector. The demand for advanced electronic systems in automotive vehicles, medical devices, and renewable energy technologies drives innovation and investment in electronic components and systems. Japan's focus on developing smart and sustainable technologies drives the adoption of advanced electronic solutions across industries, further accelerating the sector's growth.

Moreover, the increasing complexity of electronic devices, particularly in sectors like automotive electronics and consumer electronics, has led to a greater reliance on composite adhesives for multi-material bonding applications. Electronic devices often consist of components made from different materials that require seamless bonding. Composite adhesives offer the flexibility and compatibility to achieve strong and reliable bonds between dissimilar materials. This has led to a growing demand for composite adhesives that can withstand the thermal and mechanical stresses associated with electronic device manufacturing.

Furthermore, the expanding Japan's electrical & electronics sector has led to increased research and development in advanced composite adhesive technologies. Manufacturers are investing in developing next-generation composite adhesives that offer enhanced performance characteristics such as improved thermal conductivity, electrical insulation, and resistance to environmental factors. These advancements are driven by the sector's need for adhesives that meet modern electronic devices' stringent requirements, where performance, reliability, and longevity are critical factors. Therefore, all these factors will aid in expanding the market in the coming years.

Competition Analysis

Prominent participants in the Japan composite adhesive market include a number of firms that provide an extensive selection of composite adhesive solutions adapted to the requirements of diverse industries. These corporations have gained recognition for their technological prowess, inventive product development, and steadfast dedication to delivering superior adhesive goods that adhere to the rigorous standards of contemporary manufacturing procedures.

One of the key players in the Japan composite adhesive market is Toagosei Co., Ltd., a leading manufacturer of chemical products, including adhesives and sealants. Toagosei offers a diverse range of composite adhesives under its ARON ALPHA® brand, catering to industrial assembly, electronics manufacturing, and automotive production applications. The company is known for its advanced adhesive technologies and commitment to research and development, driving innovation in composite adhesives.

DIC Corporation is another prominent company in the Japan composite adhesive market, a global leader in specialty chemicals, including adhesive solutions. DIC offers a comprehensive portfolio of composite adhesives under its DICROSOL® brand, serving automotive, aerospace, construction, and electronics industries. The company's focus on sustainable and environmentally friendly adhesive formulations has positioned it as a key player in the Japan market, aligning with its growing emphasis on green technologies.

Furthermore, Konishi Co., Ltd. is a notable player in the Japan composite adhesive market, specializing in adhesive products for industrial and commercial applications. The company offers a range of composite adhesives under its KONISHI® brand, catering to the diverse bonding needs of industries such as construction, automotive, and electronics. Konishi is recognized for its expertise in adhesive technologies and ability to provide customized solutions to meet specific customer requirements.

In addition to these major players, the Japan composite adhesive market includes several other companies specializing in adhesive manufacturing for specific industries or applications. These companies contribute to the market's diversity and innovation, offering a wide range of adhesive solutions that meet the evolving needs of the composite bonding industry in Japan.

In conclusion, the Japan composite adhesive market is characterized by leading companies such as Toagosei Co., Ltd., DIC Corporation, and Konishi Co., Ltd., which offer diverse adhesive solutions for composite bonding applications. These companies play a crucial role in driving innovation, quality, and reliability in the Japan composite adhesive industry, contributing to the advancement of composite technologies across various sectors.

List of Key Companies Profiled

• 3M Company
• Arkema S.A.
• The Dow Chemical Company
• Henkel AG & Company, KGaA
• H.B. Fuller Company
• Huntsman Corporation
• Illinois Tools Works, Inc.
• BASF SE
• Parker Hannifin Corporation
• Sika AG

Japan Composite Adhesive Market Report Segmentation

By Product

• Epoxy
• Acrylic
• Polyurethane
• Cyanoacrylate
• Others

By Application

• Aerospace & Defense
• Automotive & Transportation
• Electrical & Electronics
• Construction & Infrastructure
• Others

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Japan Composite Adhesive Market, by Product
1.4.2 Japan Composite Adhesive Market, by Application
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Opportunities
2.2.3 Market Restraints
2.2.4 Market Challenges
2.2.5 Market Trends
2.3 Porter’s Five Forces Analysis

Chapter 3. Some of the Strategies Deployed in the Composite Adhesive Market

Chapter 4. Japan Composite Adhesive Market
4.1 Japan Composite Adhesive Market, by Product
4.2 Japan Composite Adhesive Market, by Application

Chapter 5. Company Profiles – Global Leaders
5.1 3M Company
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 SWOT Analysis
5.2 Arkema S.A.
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Segmental and Regional Analysis
5.2.4 SWOT Analysis
5.3 The Dow Chemical Company
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Research & Development Expenses
5.3.5 Recent strategies and developments:
5.3.5.1 Product Launches and Product Expansions:
5.3.6 SWOT Analysis
5.4 Henkel AG & Company, KGaA
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.4.4 Research & Development Expense
5.4.5 Recent strategies and developments:
5.4.5.1 Acquisition and Mergers:
5.4.6 SWOT Analysis
5.5 H.B. Fuller Company
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Segmental and Regional Analysis
5.5.4 Research & Development Expense
5.5.5 Recent strategies and developments:
5.5.5.1 Acquisition and Mergers:
5.5.6 SWOT Analysis
5.6 Huntsman Corporation
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Segment and Regional Analysis
5.6.4 Research & Development Expense
5.6.5 Recent strategies and developments:
5.6.5.1 Acquisition and Mergers:
5.6.6 SWOT Analysis
5.7 Illinois Tools Works, Inc.
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Segmental and Regional Analysis
5.7.4 Research & Development Expenses
5.7.5 SWOT Analysis
5.8 BASF SE
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Segmental and Regional Analysis
5.8.4 Research & Development Expense
5.8.5 SWOT Analysis
5.9 Parker Hannifin Corporation
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental and Regional Analysis
5.9.4 Research & Development Expenses
5.9.5 Recent strategies and developments:
5.9.5.1 Acquisition and Mergers:
5.9.6 SWOT Analysis
5.10. Sika AG
5.10.1 Company Overview
5.10.2 Financial Analysis
5.10.3 Regional Analysis
5.10.4 Research & Development Expense
5.10.5 Recent strategies and developments:
5.10.5.1 Acquisition and Mergers:
5.10.6 SWOT Analysis

TABLE 1 Japan Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 2 Japan Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 3 Japan Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Japan Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Japan Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 6 Japan Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 7 Japan Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 Japan Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 Japan Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 10 Japan Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 11 Japan Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 12 Japan Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 13 Key Information – 3M Company
TABLE 14 Key information – Arkema S.A.
TABLE 15 Key Information – The Dow Chemical Company
TABLE 16 Key Information – Henkel AG & Company, KGaA
TABLE 17 key Information – H.B. Fuller Company
TABLE 18 key Information – Huntsman Corporation
TABLE 19 Key Information – Illinois Tool Works, Inc.
TABLE 20 Key Information – BASF SE
TABLE 21 Key Information – Parker Hannifin Corporation
TABLE 22 Key Information – Sika AG

List of Figures
FIG 1 Methodology for the research
FIG 2 Japan Composite Adhesive Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Composite Adhesive Market
FIG 4 Porter’s Five Forces Analysis - Composite Adhesive Market
FIG 5 Japan Composite Adhesive Market share, by Product, 2022
FIG 6 Japan Composite Adhesive Market share, by Product, 2030
FIG 7 Japan Composite Adhesive Market, by Product, 2019 - 2030, USD Million
FIG 8 Japan Composite Adhesive Market share, by Application, 2022
FIG 9 Japan Composite Adhesive Market share, by Application, 2030
FIG 10 Japan Composite Adhesive Market, by Application, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: 3M Company
FIG 12 SWOT Analysis: Arkema S.A.
FIG 13 SWOT Analysis: The Dow Chemical Company
FIG 14 SWOT Analysis: Henkel AG & Company, KGaA
FIG 15 SWOT Analysis: H.B. Fuller Company
FIG 16 SWOT Analysis: Huntsman Corporation
FIG 17 SWOT Analysis: Illinois Tool Works, Inc.
FIG 18 SWOT Analysis: BASF SE
FIG 19 SWOT Analysis: Parker Hannifin Corporation
FIG 20 SWOT Analysis: Sika AG