Global Elastic Adhesives & Sealants Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin Type;

PU , Silicone, Silane-Modified Polymers (SMP), and Others.

By End-Use Industry;

Construction, Industrial, and Automotive & Transportation.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn649926883 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Elastic Adhesives & Sealants Market (USD Million), 2021 - 2031

In the year 2024, the Global Elastic Adhesives & Sealants Market was valued at USD 17,289.13 million. The size of this market is expected to increase to USD 24,327.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global elastic adhesives and sealants market has been witnessing significant growth, driven by the increasing demand from various end-use industries such as construction, automotive, and packaging. Elastic adhesives and sealants are known for their flexibility, durability, and ability to bond diverse substrates, making them essential in applications requiring stress relaxation, joint movement accommodation, and vibration dampening. The market's expansion is further propelled by the rise in construction activities globally, especially in emerging economies, where infrastructure development is a key focus.

One of the primary drivers of the market is the burgeoning construction industry. In both residential and commercial construction, elastic adhesives and sealants are preferred for their superior performance in bonding and sealing applications. They provide excellent resistance to environmental factors such as UV radiation, temperature fluctuations, and moisture, ensuring long-term durability of structures. Additionally, the shift towards sustainable and green building practices has led to increased adoption of eco-friendly adhesives and sealants, which align with stringent environmental regulations and standards.

The automotive industry also plays a crucial role in the growth of the elastic adhesives and sealants market. These products are extensively used in vehicle assembly and manufacturing processes for bonding and sealing components. They help in reducing the overall weight of vehicles, enhancing fuel efficiency, and improving performance. The increasing production of electric vehicles (EVs) and advancements in automotive technologies are expected to further boost the demand for elastic adhesives and sealants, as manufacturers seek innovative solutions to meet evolving industry requirements.

Technological advancements and innovations in adhesive and sealant formulations are contributing to market growth. Companies are investing in research and development to create high-performance products that offer superior adhesion, faster curing times, and enhanced durability. The development of hybrid adhesives and sealants, which combine the best properties of different chemistries, is gaining traction in the market. These innovations not only cater to the diverse needs of end-users but also open up new opportunities for applications in various industries, thereby driving the global elastic adhesives and sealants market forward.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin Type
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Region
  4. Global Elastic Adhesives & Sealants Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing construction industry demand
        2. Increasing automotive production rates
        3. Rising use in packaging sector
        4. Advancements in adhesive technologies
      2. Restraints
        1. High raw material costs
        2. Stringent environmental regulations
        3. Volatile raw material prices
        4. Limited product awareness
      3. Opportunities
        1. Emerging markets expansion
        2. Innovations in sustainable products
        3. Growth in renewable energy
        4. Increasing demand for lightweight materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Elastic Adhesives & Sealants Market, By Resin Type, 2021 - 2031 (USD Million)
      1. PU
      2. Silicone
      3. Silane-Modified Polymers (SMP)
      4. Others
    2. Global Elastic Adhesives & Sealants Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Construction
      2. Industrial
      3. Automotive & Transportation
    3. Global Elastic Adhesives & Sealants Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Henkel AG & Co. KGaA
      2. 3M Company
      3. Sika AG
      4. Arkema Group
      5. H.B. Fuller Company
      6. Wacker Chemie AG
      7. Bostik (Arkema)
      8. The Dow Chemical Company
      9. BASF SE
      10. Mapei S.p.A
  7. Analyst Views
  8. Future Outlook of the Market