Product Code: GVR-4-68040-462-4
Appliance Adhesive Market Size & Trends:
The global appliance adhesive market size was estimated at USD 6.93 billion in 2023 and is expected to grow at a CAGR of 9.1% from 2024 to 2030. The market is being driven by a combination of factors, including consumer preferences, technological advancements, environmental concerns, and industry trends. Consumers are increasingly seeking appliances that are durable, long-lasting, and energy-efficient. The development of eco-friendly and sustainable adhesives is driving market growth.
Additionally, advancements in adhesive technology, such as innovative formulations and customized solutions, contribute to market growth. The expanding construction and renovation market, both residential and commercial, is also a significant driver for the market.
To cater to evolving consumer needs, manufacturers have increased their focus on developing adhesives tailored to specific industries. The global automotive sector's growth has spurred demand for electronics adhesives, which are used in various applications, including LED packaging, power electronics modules, anti-theft systems, engine status displays, and collision avoidance systems.
The rising demand for energy-efficient appliances is a major force behind the growth of the global market. As they become more conscious of environmental sustainability, consumers increasingly choose appliances that consume less energy. This trend will persist as governments worldwide implement stricter energy efficiency regulations.
Appliance adhesives play a crucial role in ensuring that appliances meet these energy efficiency standards. By sealing gaps and seams, these products prevent air and heat leakage, improving overall appliance efficiency and reducing energy consumption. Consequently, the increasing demand for energy-efficient appliances is a key factor driving the global market expansion.
Global Appliance Adhesive Market Report Segmentation
This report forecasts volume & revenue growth at the global, regional & country levels and provides an analysis of the latest industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the appliance adhesive market report on the basis of product, application, and region:
- Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Rubber
- Acrylic
- Silicone
- Epoxy
- Others
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Washing Machine
- Cooktops
- Cooking Ranges
- Dishwashers
- Refrigerators
- Air Conditioners
- Microwaves & Ovens
- Vacuum Cleaners
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Applications & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Applications
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Appliance Adhesive Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Appliance Adhesive Market - Value Chain Analysis
- 3.3. Price Trend Analysis, 2018 - 2030 (USD/Kg)
- 3.3.1. Factors Influencing Prices
- 3.4. Appliance Adhesive Market - Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunity Analysis
- 3.4.4. Market Challenge Analysis
- 3.5. Regulatory Framework
- 3.6. Appliance Adhesive Market - Business Environment Analysis
- 3.6.1. PESTLE Analysis
- 3.6.2. Porter's Five Forces Analysis
Chapter 4. Appliance Adhesive Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2023 & 2030
- 4.3. Appliance Adhesive Market By Product, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Rubber
- 4.4.1. Appliance Adhesive Market Estimates & Forecasts, by Rubber, 2018 & 2030 (Kilotons) (USD Million)
- 4.5. Acrylic
- 4.5.1. Appliance Adhesive Market Estimates & Forecasts, by Acrylic, 2018 & 2030 (Kilotons) (USD Million)
- 4.6. Silicone
- 4.6.1. Appliance Adhesive Market Estimates & Forecasts, by Silicone, 2018 & 2030 (Kilotons) (USD Million)
- 4.7. Epoxy
- 4.7.1. Appliance Adhesive Market Estimates & Forecasts, by Epoxy, 2018 & 2030 (Kilotons) (USD Million)
- 4.8. Others
- 4.8.1. Appliance Adhesive Market Estimates & Forecasts, by Others, 2018 & 2030 (Kilotons) (USD Million)
Chapter 5. Appliance Adhesive Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2023 & 2030
- 5.3. Appliance Adhesive Market By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Washing Machine
- 5.4.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.5. Cooktops
- 5.5.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.6. Cooking Ranges
- 5.6.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.7. Dishwashers
- 5.7.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.8. Refrigerators
- 5.8.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.9. Air Conditioners
- 5.9.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.10. Microwaves & Ovens
- 5.10.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
- 5.11. Vacuum Cleaners
- 5.11.1. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (Kilotons) (USD Million)
Chapter 6. Appliance Adhesive Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2023 & 2030
- 6.3. Market Estimates & Forecasts by Region, 2018 - 2030 (USD Million)
- 6.4. North America
- 6.4.1. North America Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.2. U.S.
- 6.4.2.1. U.S. Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.3. Canada
- 6.4.3.1. Canada Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.4. Mexico
- 6.4.4.1. Mexico Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.2. Germany
- 6.5.2.1. Germany Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.3. UK
- 6.5.3.1. UK Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.4. France
- 6.5.4.1. France Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.5. Spain
- 6.5.5.1. Spain Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.6. Italy
- 6.5.6.1. Italy Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.2. China
- 6.6.2.1. China Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.3. India
- 6.6.3.1. India Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.4. Japan
- 6.6.4.1. Japan Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.5. South Korea
- 6.6.5.1. South Korea Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7. Central & South America
- 6.7.1. Central & South America Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.2. Brazil
- 6.7.2.1. Brazil Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.3. Argentina
- 6.7.3.1. Argentina Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.8.2. Saudi Arabia
- 6.8.2.1. Saudi Arabia Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.8.3. South Africa
- 6.8.3.1. South Africa Appliance Adhesive Market Estimates & Forecasts, 2018 & 2030 (USD Million)
Chapter 7. Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Heat Map Analysis
- 7.5. Company Listings
- 7.5.1. Pidilite Industries Ltd.
- 7.5.1.1. Company Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Strategic Initiatives
- 7.5.2. Arkema
- 7.5.2.1. Company Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Strategic Initiatives
- 7.5.3. Wacker Chemie AG
- 7.5.3.1. Company Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Strategic Initiatives
- 7.5.4. Huntsman International LLC
- 7.5.4.1. Company Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Strategic Initiatives
- 7.5.5. RPM International Inc.
- 7.5.5.1. Company Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Strategic Initiatives
- 7.5.6. H.B. Fuller Company
- 7.5.6.1. Company Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Strategic Initiatives
- 7.5.7. 3M
- 7.5.7.1. Company Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Strategic Initiatives
- 7.5.8. Sika AG
- 7.5.8.1. Company Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Strategic Initiatives
- 7.5.9. Henkel Corporation
- 7.5.9.1. Company Overview
- 7.5.9.2. Financial Performance
- 7.5.9.3. Product Benchmarking
- 7.5.9.4. Strategic Initiatives
- 7.5.10. Dow
- 7.5.10.1. Company Overview
- 7.5.10.2. Financial Performance
- 7.5.10.3. Product Benchmarking
- 7.5.10.4. Strategic Initiatives