Future of Cyanoacrylate Adhesives: Innovations in High-Performance Bonding

[Animesh Rao]

- The report "Cyanoacrylate Adhesives Market by Chemistry (Ethyl cyanoacrylate, Methyl cyanoacrylate), End-use Industry (Industrial, Woodworking, Transportation (Automotive, Aerospace, Medical, Electronics, Consumer) - Global Forecast to 2029", is projected to reach a market size of USD 2.56 billion by 2029 from USD 2.22 billion in 2024, at a CAGR of 2.9%. Asia Pacific is the one of the largest markets for cyanoacrylate adhesives. The demand for cyanoacrylate adhesives is experiencing significant growth across various industries, including automotive, electronics, medical, consumer, and more. Emerging nations such as China, Japan, India, US, and Germany, are expected to play a crucial role in driving the cyanoacrylate adhesives market forward.

Browse in-depth TOC on "Cyanoacrylate Adhesives Market"

236 – Tables
64 – Figures
282 – Pages

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Ethyl cyanoacrylate by chemistry segment dominate the market by highest share of the cyanoacrylate adhesives market during the forecasted period.

Ethyl cyanoacrylates are dominating because of their balanced mechanical qualities and extensive availability. Because of its rapid curing time, excellent bonding capabilities, and versatility, it can be adhered on range of substrates, including plastics, metals, and ceramics. Additionally, continuous advancements in adhesive technology have improved the formulation of ethyl cyanoacrylate, enhancing properties such as environmental resistance and curing speed.

With ongoing technological advancements and innovations in cyanoacrylate adhesives, coupled with expanding applications in emerging industries, the segment is expected to experience robust growth in the forecast period.

Asia Pacific region is likely to be the fastest growing cyanoacrylate adhesives market during the forecast period.

Rapid industrialization and urbanization in the Asia Pacific region are driving demand across various sectors including industrial, automotive, electronics, and medical industry. With expanding manufacturing bases in countries like China, Japan, and India there's a rising need for cyanoacrylate adhesives for various applications. Moreover, ongoing advancement in manufacturing technologies and materials, particularly in China and Japan, are boosting demand in diverse industrial sectors for strong and rapid curable adhesive solutions. Advancements in cyanoacrylate adhesives tailored to wide range of industrial application needs are poised to further stimulate market growth in the region.

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Key Players

Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), 3M (US), Sika AG (Switzerland), Huntsman International LLC (US), Arkema (France), Toagosei Co., Ltd (Japan), Illinois Tool Works Inc. (US), and Pidilite Industries Limited (India) are the key players in the global cyanoacrylate adhesives market.

Henkel AG & Co. KGaA: Henkel AG & Co. KGaA, a parent company of Henkel Group, is a leading market player in both industrial and consumer sectors, supported by its strong brands and pioneering technologies, including Persil, Schwarzkopf, and Loctite. The company was established in 1876 with a headquarter in Düsseldorf, Germany.

Henkel AG & Co. KGaA has strong product portfolio that includes renowned hair care products, laundry detergents, fabric softeners, as well as adhesives, sealants, and functional coatings. The company operates globally under two primary business segments: Adhesive Technologies and Consumer Brands. The adhesive technologies business segment of the company is a global leader in adhesives including cyanoacrylates, sealants, and functional coatings, catering both industrial clients and consumers.

The company has wide global presence with a 161 manufacturing sites in 55 countries worldwide. The largest production facilities of the company are situated in Bowling Green, Kentucky, USA, and in Düsseldorf, Germany.

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In February 2024, the company has launched two new advanced products of cyanoacrylate adhesives developed for medical device applications to enhance safety and performance. These medical grade products namely Loctite 4011S and Loctite 4061S offer strong bonding on plastics, rubber, and metals.

Recent Developments

In May 2024, 3M expanded its facility in Valley, Nebraska, with a new 90,000-square-foot addition. This expansion primarily aims to boost manufacturing capacity and generate new employment opportunities. This USD 67 million investment funds new production lines, state-of-the-art equipment, and additional warehouse space, enabling 3M to respond more swiftly to customer demand for its personal safety products.
In February 2024, Henkel AG & Co. KGaA launched two new cyanoacrylates adhesive solutions: Loctite 4011S and Loctite 4061S. These adhesives offer robust bonding on plastics, rubbers, and metals and are ideal for medical device applications to enhance safety and performance.
In October 2023, Astral Adhesives, a subsidiary of Astral Ltd., started a new manufacturing facility in Dahej, Gujarat, spanning 17 acres. This new facility highlights the company’s commitment to advanced manufacturing standards, including automation, stringent safety measures, and ergonomic design in the Adhesives business segment.