Market Overview:
The global quick-drying adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for quick-drying adhesives in various applications, such as industrial, woodworking, transportation, consumer goods, medical and electronics. In terms of type, the cianoacrylate segment is expected to lead the global quick-drying adhesive market during the forecast period. This can be attributed to its high bonding strength and fast curing time.
Product Definition:
A quick-drying adhesive is an adhesive that dries quickly, usually in a matter of minutes. This type of adhesive is important because it allows for faster assembly and production times.
Cyanoacrylate:
Cyanoacrylate is a fast-acting, strong, and tough super glue that sets quickly. It's the fastest drying adhesives in the market. Cyanoacrylates are used for various applications such as woodworking, model making, furniture making and texturing among others.
Epoxy-based Adhesive:
Epoxy-based adhesive is a thermosetting resin that contains an epoxide group. It has high heat and chemical resistance, excellent adhesion to a wide range of substrates and is easy to apply. Epoxy-based products are used in various end-use industries including construction, automotive, electronics packaging furniture lamination bonding food contact materials footwear medical devices manufacturing among others.
Application Insights:
The global quick-drying adhesive market has been segmented on the basis of application into industrial, woodworking, transportation, consumer goods, medical electronics and others. The industrial application segment dominated the overall industry in terms of revenue share at over 40% in 2017. This is attributed to increasing demand for adhesives from various industries such as construction and automotive which require a high level of durability and efficiency.
Woodworking was another prominent application that accounted for a significant market share in 2017 owing to rising demand for wooden furniture from emerging economies such as India China Indonesia Malaysia Philippines Singapore Thailand Vietnam among other South East Asian countries. In addition, rapid growth of the furniture industry across developing regions including Latin America Africa is expected to boost product consumption over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for consumer electronics and automobiles. In addition, rising construction activities in emerging economies of Asia Pacific are expected to drive product demand over the forecast period.
The growing manufacturing sector and rapid urbanization in India and China have led to an increased need for infrastructure development, which is anticipated to fuel product demand across these countries. In addition, favorable government policies promoting investments from foreign companies are likely boost regional market growth over the next eight years.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising demand for lightweight and durable materials in end-use applications
- Growing popularity of quick-drying adhesive tapes as an efficient bonding solution
- Technological advancements in adhesive formulation and manufacturing processes
- Proliferation of online retail platforms for easy access to a wide range of quick-drying adhesives
Scope Of The Report
Report Attributes
Report Details
Report Title
Quick-drying Adhesive Market Research Report
By Type
Cyanoacrylate, Epoxy-based Adhesive
By Application
Industrial, Woodworking, Transportation, Consumer Goods, Medical, Electronics
By Companies
Henkel AG & Company, H.B. Fuller, 3M, Sika AG, Toagosei., Illinois Tool Works Incorporation (ITW), Bostik SA, Huntsman Corporation, Pidilite Industries Limited, Permabond LLC., Royal Adhesives & Sealants, LLC, Franklin International, Lord Corporation, Masterbond, Parson Adhesives Inc., Delo Industrial Adhesives LLC., Dymax Corporation, Loxeal Engineering Adhesives, Hernon Manufacturing, Inc., Chemence Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Quick-drying Adhesive Market Report Segments:
The global Quick-drying Adhesive market is segmented on the basis of:
Types
Cyanoacrylate, Epoxy-based Adhesive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Woodworking, Transportation, Consumer Goods, Medical, Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel AG & Company
- H.B. Fuller
- 3M
- Sika AG
- Toagosei.
- Illinois Tool Works Incorporation (ITW)
- Bostik SA
- Huntsman Corporation
- Pidilite Industries Limited
- Permabond LLC.
- Royal Adhesives & Sealants, LLC
- Franklin International
- Lord Corporation
- Masterbond
- Parson Adhesives Inc.
- Delo Industrial Adhesives LLC.
- Dymax Corporation
- Loxeal Engineering Adhesives
- Hernon Manufacturing, Inc.
- Chemence Limited
Highlights of The Quick-drying Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cyanoacrylate
- Epoxy-based Adhesive
- By Application:
- Industrial
- Woodworking
- Transportation
- Consumer Goods
- Medical
- Electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Quick-drying Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Quick-drying adhesive is a type of adhesive that dries quickly. This type of adhesive is often used in applications where quick drying is important, such as adhesives for electronic components and medical devices.
Some of the key players operating in the quick-drying adhesive market are Henkel AG & Company, H.B. Fuller, 3M, Sika AG, Toagosei., Illinois Tool Works Incorporation (ITW), Bostik SA, Huntsman Corporation, Pidilite Industries Limited, Permabond LLC., Royal Adhesives & Sealants, LLC, Franklin International, Lord Corporation, Masterbond, Parson Adhesives Inc., Delo Industrial Adhesives LLC., Dymax Corporation, Loxeal Engineering Adhesives, Hernon Manufacturing, Inc., Chemence Limited.
The quick-drying adhesive market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Quick-drying Adhesive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Quick-drying Adhesive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Quick-drying Adhesive Market - Supply Chain
4.5. Global Quick-drying Adhesive Market Forecast
4.5.1. Quick-drying Adhesive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Quick-drying Adhesive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Quick-drying Adhesive Market Absolute $ Opportunity
5. Global Quick-drying Adhesive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Quick-drying Adhesive Market Size and Volume Forecast by Type
5.3.1. Cyanoacrylate
5.3.2. Epoxy-based Adhesive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Quick-drying Adhesive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Quick-drying Adhesive Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Woodworking
6.3.3. Transportation
6.3.4. Consumer Goods
6.3.5. Medical
6.3.6. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Quick-drying Adhesive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Quick-drying Adhesive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Quick-drying Adhesive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Quick-drying Adhesive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Quick-drying Adhesive Demand Share Forecast, 2019-2026
9. North America Quick-drying Adhesive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Quick-drying Adhesive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Quick-drying Adhesive Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Woodworking
9.4.3. Transportation
9.4.4. Consumer Goods
9.4.5. Medical
9.4.6. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Quick-drying Adhesive Market Size and Volume Forecast by Type
9.7.1. Cyanoacrylate
9.7.2. Epoxy-based Adhesive
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Quick-drying Adhesive Demand Share Forecast, 2019-2026
10. Latin America Quick-drying Adhesive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Quick-drying Adhesive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Quick-drying Adhesive Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Woodworking
10.4.3. Transportation
10.4.4. Consumer Goods
10.4.5. Medical
10.4.6. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Quick-drying Adhesive Market Size and Volume Forecast by Type
10.7.1. Cyanoacrylate
10.7.2. Epoxy-based Adhesive
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Quick-drying Adhesive Demand Share Forecast, 2019-2026
11. Europe Quick-drying Adhesive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Quick-drying Adhesive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Quick-drying Adhesive Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Woodworking
11.4.3. Transportation
11.4.4. Consumer Goods
11.4.5. Medical
11.4.6. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Quick-drying Adhesive Market Size and Volume Forecast by Type
11.7.1. Cyanoacrylate
11.7.2. Epoxy-based Adhesive
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Quick-drying Adhesive Demand Share, 2019-2026
12. Asia Pacific Quick-drying Adhesive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Quick-drying Adhesive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Quick-drying Adhesive Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Woodworking
12.4.3. Transportation
12.4.4. Consumer Goods
12.4.5. Medical
12.4.6. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Quick-drying Adhesive Market Size and Volume Forecast by Type
12.7.1. Cyanoacrylate
12.7.2. Epoxy-based Adhesive
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Quick-drying Adhesive Demand Share, 2019-2026
13. Middle East & Africa Quick-drying Adhesive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Quick-drying Adhesive Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Quick-drying Adhesive Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Woodworking
13.4.3. Transportation
13.4.4. Consumer Goods
13.4.5. Medical
13.4.6. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Quick-drying Adhesive Market Size and Volume Forecast by Type
13.7.1. Cyanoacrylate
13.7.2. Epoxy-based Adhesive
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Quick-drying Adhesive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Quick-drying Adhesive Market: Market Share Analysis
14.2. Quick-drying Adhesive Distributors and Customers
14.3. Quick-drying Adhesive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel AG & Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H.B. Fuller
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 3M
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sika AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toagosei.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Illinois Tool Works Incorporation (ITW)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bostik SA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Huntsman Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pidilite Industries Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Permabond LLC.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Royal Adhesives & Sealants, LLC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Franklin International
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lord Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Masterbond
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Parson Adhesives Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Delo Industrial Adhesives LLC.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dymax Corporation
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Loxeal Engineering Adhesives
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hernon Manufacturing, Inc.
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Chemence Limited
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
