Global Soy-based Adhesive Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Normal Soy-based Adhesive, and Water-resistant Soy-based Adhesive.

By Adhesive Substrate;

Solid Wood, Oriented Strand Board (OSB), Plywood, Particle Board (PB), Medium-density Fibreboard (MDF), High-density Fibreboard (HDF), and Others.

By Application;

Manufacture of Hardwood Plywood, and Enzyme Treatment.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn142771308 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Soy-based Adhesive Market (USD Million), 2021 - 2031

In the year 2024, the Global Soy-based Adhesive Market was valued at USD 5,840.79 million. The size of this market is expected to increase to USD 8,273.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The global soy-based adhesive market has witnessed significant growth in recent years, driven by increasing environmental concerns and the shift towards sustainable products across various industries. Soy-based adhesives are derived from soybean oil, offering a renewable and biodegradable alternative to traditional petroleum-based adhesives. This eco-friendly characteristic has propelled their adoption in industries such as packaging, construction, and automotive, where sustainability is becoming a key criterion in material selection.

Advancements in technology have enhanced the performance and versatility of soy-based adhesives, making them competitive with conventional options in terms of strength, durability, and cost-effectiveness. The market's expansion is further supported by government regulations promoting the use of eco-friendly materials and reducing VOC emissions. As industries continue to prioritize sustainability and consumers demand greener products, the global soy-based adhesive market is poised for continued growth, offering both environmental benefits and economic advantages to manufacturers and end-users alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Adhesive Substrate
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Soy-based Adhesive Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing environmental awareness
        2. Rise in green building initiatives
        3. Adoption in packaging and automotive sectors
        4. Shelf life and storage requirements
      2. Restraints
        1. Limited availability of high-quality options
        2. Performance challenges in extreme temperatures
        3. Perception of weaker bonds in some uses
      3. Opportunities
        1. Partnerships for distribution and market reach
        2. Customized solutions for specific industries
        3. Nanotechnology for enhanced properties
        4. Integration in composite 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 Soy-based Adhesive Market, By Type, 2021 - 2031 (USD Million)
      1. Normal Soy-based Adhesive
      2. Water-resistant Soy-based Adhesive
    2. Global Soy-based Adhesive Market, By Adhesive Substrate, 2021 - 2031 (USD Million)
      1. Solid Wood
      2. Oriented Strand Board (OSB)
      3. Plywood
      4. Particle Board (PB)
      5. Medium-density Fibreboard (MDF)
      6. High-density Fibreboard (HDF)
      7. Others
    3. Global Soy-based Adhesive Market, By Application, 2021 - 2031 (USD Million)
      1. Manufacture of Hardwood Plywood
      2. Enzyme Treatment
    4. Global Soy-based Adhesive 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 Analysis
    1. Company Profiles
      1. Henkel AG & Co. KGaA
      2. AkzoNobel N.V.
      3. 3M Company
      4. Franklin Adhesives & Polymers
      5. H.B. Fuller
      6. Ashland Inc.
      7. Sika AG
      8. Bostik S.A.
      9. Pidilite Industries Ltd.
      10. Jubilant Industries Ltd.
  7. Analyst Views
  8. Future Outlook of the Market