US 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 United States (US) Composite Adhesive Market size is expected to reach $707.74 Million by 2030, rising at a market growth of 3.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 148.78 Kilo Tonnes, experiencing a growth of 2.6% (2019-2022).

In recent years, the US composite adhesive market has witnessed significant developments in adhesive formulations and manufacturing processes to enhance performance and address different industries' specific needs. Manufacturers have focused on developing adhesives with improved bonding properties, enhanced resistance to harsh environments, and compatibility with various substrates, including advanced composite materials and metals. As a result of these developments, novel adhesive solutions have been developed to satisfy the rigorous specifications of contemporary composite applications.

Moreover, the US composite adhesive market has seen growing applications in emerging industries such as electric vehicles (EVs), renewable energy, and lightweight structures. As these industries continue to expand, there is a rising demand for composite adhesives that offer lightweight benefits, structural integrity, and durability. Adhesive manufacturers have responded to this demand by developing specialized products tailored to the unique requirements of these industries, contributing to the overall growth and diversification of the market.

Furthermore, sustainability and environmental performance have become key focus areas in the US composite adhesive market, driven by regulatory requirements and increasing consumer awareness. Manufacturers are investing in research and development efforts to develop eco-friendly adhesive formulations that minimize environmental impact while maintaining high performance. This focus on sustainability has led to introducing bio-based adhesives, recyclable bonding solutions, and products with reduced volatile organic compound (VOC) emissions, aligning with the market's growing emphasis on sustainability and green initiatives.

Additionally, despite the challenges posed by the pandemic, the US composite adhesive market demonstrated resilience and adaptability. Many companies pivoted their strategies, diversified their product offerings, and explored new market opportunities to navigate the crisis and position themselves for recovery.

Market Trends

Rising demand for acrylic composite adhesives

Acrylic composite adhesives are known for their ability to bond diverse substrates, including metals, plastics, composites, and dissimilar materials, making them suitable for various industries such as automotive, aerospace, construction, and electronics. One of the key factors contributing to the increased demand for acrylic composite adhesives is their excellent adhesion properties. These adhesives form strong and durable bonds with substrates, enhancing resistance to environmental factors such as moisture, temperature fluctuations, and chemical exposure. This makes them ideal for applications where long-term performance and reliability are essential, such as in structural bonding for aerospace components or automotive assembly.

Moreover, acrylic composite adhesives offer ease of use and processing advantages. They can be formulated to have fast cure times, allowing for rapid assembly and production processes. Additionally, their versatility in application methods, including spraying, brushing, or extrusion, makes them suitable for a wide range of manufacturing processes, contributing to their growing popularity in the US market.

Furthermore, the increasing focus on lightweight in industries such as automotive and aerospace has driven the demand for acrylic composite adhesives. These adhesives offer high strength-to-weight ratios, allowing manufacturers to achieve weight reduction goals without compromising structural integrity. As industries seek to improve fuel efficiency, reduce emissions, and enhance performance, acrylic composite adhesives are preferred for lightweight bonding solutions. Hence, these factors will support the market's growth in the coming years.

Rapidly expanding automotive & transportation sector

A primary driver of the rapidly expanding automotive & transportation sector is the increasing demand for advanced and connected vehicles. Technological advancements in electric vehicles (EVs), autonomous driving, and vehicle connectivity have led to consumer interest and investment in next-generation automotive technologies. This has fueled growth in the production of electric and hybrid vehicles and the development of smart mobility solutions that integrate with digital infrastructure.

Moreover, the expansion of e-commerce and the logistics industry contributes to the growth of the automotive & transportation sector. The rise of online shopping has led to increased demand for efficient and reliable transportation services, including last-mile delivery solutions. This has driven investments in electric delivery vehicles, logistics automation, and supply chain optimization technologies to meet the evolving needs of the e-commerce ecosystem.

Furthermore, the increasing complexity of vehicle designs and the demand for advanced safety features drive the need for high-performance composite adhesives. Modern vehicles incorporate various materials, including composites, plastics, and metals, which require specialized adhesives to ensure strong and reliable bonds. Composite adhesives with advanced properties such as thermal stability, chemical resistance, and durability are essential for meeting the demanding performance requirements of modern automotive applications.

Moreover, the shift towards electric and hybrid vehicles influences the demand for composite adhesives in the automotive & transportation sector. Electric vehicles (EVs) and hybrid vehicles require lightweight materials and advanced bonding solutions to optimize battery efficiency, structural integrity, and overall vehicle performance. Composite adhesives are increasingly being used to assemble battery packs, lightweight body structures, and other components critical to the operation of electric and hybrid vehicles. Therefore, this sector's rapid expansion will propel the market's development.

The United States composite adhesive market is dominated by a number of reputable companies that offer a wide variety of adhesive solutions tailored to the needs of a variety of industries, including wind energy, aerospace, automotive, construction, and marine. These companies are known for their expertise in adhesive technologies, product innovation, and commitment to meeting the demanding requirements of composite bonding applications.

One of the leading companies in the US composite adhesive market is 3M, a global conglomerate renowned for its innovative adhesive technologies. 3M offers a diverse portfolio of composite adhesives designed to deliver high performance, durability, and reliability in demanding applications. The company's adhesive solutions are widely used in aerospace, automotive, and other industries where composite materials are prevalent.

Henkel Corporation is another key player in the US composite adhesive market, known for its advanced adhesive technologies and comprehensive product portfolio. Henkel's composite adhesives are used in various applications, including automotive assembly, aerospace structures, and wind turbine blade manufacturing. The company is recognized for its focus on sustainability and its efforts to develop environmentally friendly adhesive solutions.

Hexcel Corporation is a well-established provider of adhesives and sophisticated composite materials to the defense and aerospace sectors. The company's composite adhesives are designed to meet the stringent requirements of aerospace applications, offering exceptional strength, durability, and thermal stability. Hexcel's expertise in composite materials and adhesives makes it a key player in the US market.

Another notable company in the US composite adhesive market is Huntsman Corporation, a global manufacturer of chemical products, including adhesives and sealants. Huntsman offers various composite adhesives tailored to different applications, including structural bonding, laminating, and assembly. The company's adhesive solutions are used in automotive, marine, and wind energy industries, where high-performance bonding is critical.

In conclusion, the US composite adhesive market is characterized by leading companies such as 3M, Henkel Corporation, Hexcel Corporation, and Huntsman Corporation, which offer diverse adhesive solutions for composite bonding applications. These companies play a crucial role in driving innovation, quality, and reliability in the US composite adhesive industry, catering to the diverse needs of customers 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

US 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 USA Composite Adhesive Market, by Product
1.4.2 USA 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. US Composite Adhesive Market
4.1 US Composite Adhesive Market, by Product
4.2 US 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 US Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 2 US Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 3 US Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 4 US Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 5 US Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 6 US Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 7 US Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 US Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 US Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 10 US Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 11 US Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 12 US 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 US 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 US Composite Adhesive Market share, by Product, 2022
FIG 6 US Composite Adhesive Market share, by Product, 2030
FIG 7 US Composite Adhesive Market, by Product, 2019 - 2030, USD Million
FIG 8 US Composite Adhesive Market share, by Application, 2022
FIG 9 US Composite Adhesive Market share, by Application, 2030
FIG 10 US 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