The global Emulsion Adhesives Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Resin (Acrylic Polymer Emulsion, Polyvinyl Acetate (PVA) Emulsion, Vinyl Acetate Ethylene (VAE) Emulsion, SBC Latex, PU Dispersion, Others), By Application (Paper & Packaging, Woodworking, Tapes & Labels, Construction, Automotive, Others).
The emulsion adhesives market s to exhibit strong growth in 2024, propelled by the expanding packaging, woodworking, and construction industries' demand for environmentally friendly and versatile bonding solutions. Emulsion adhesives, also known as water-based adhesives, are characterized by their ability to form stable dispersions in water, offering advantages such as low VOC emissions, fast drying times, and excellent adhesion to a variety of substrates. With increasing regulatory pressure to reduce air pollution and improve workplace safety, manufacturers are increasingly switching to emulsion adhesives as alternatives to solvent-based and hot melt adhesives. Additionally, the construction industry's focus on sustainable building materials and green building certifications has driven the adoption of emulsion adhesives for applications such as carpet installation, flooring, and insulation bonding. Further, advancements in polymer chemistry and adhesive formulation have led to the development of high-performance emulsion adhesives with improved bond strength, water resistance, and heat resistance, expanding their application scope in demanding end-use markets. Furthermore, the growing preference for eco-friendly packaging materials and the rising demand for flexible packaging solutions are driving the adoption of emulsion adhesives in the packaging industry, further fueling market growth globally.
The market report analyses the leading companies in the industry including Akzo Nobel N.V., Arkema S.A., Ashland Global Holdings Inc, BASF SE, Bond It, Cattie Adhesives, CEMEDINE Co. Ltd, Dynea AS, H.B. Fuller Company, Henkel Ltd, Jowat SE, Kuraray Europe GmbH, Morleys, Sealock Ltd, U.S. Adhesives Inc, and others.
In the market for emulsion adhesives, a prominent trend is the increasing demand for environmentally friendly adhesive solutions. As sustainability becomes a key focus across industries, there is a growing preference for adhesives that offer low VOC (volatile organic compound) emissions, reduced environmental impact, and compliance with regulatory standards. This trend is driven by factors such as stricter environmental regulations, corporate sustainability initiatives, and consumer awareness of eco-friendly products. Emulsion adhesives, which are water-based and free from hazardous solvents, are well-positioned to meet this demand, offering advantages such as non-toxicity, low odor, and easy clean-up. Additionally, advancements in emulsion polymerization technology have led to the development of eco-friendly emulsion adhesives with improved performance characteristics, such as high bond strength, durability, and versatility. As industries seek to reduce their carbon footprint and adopt sustainable practices, the demand for emulsion adhesives as environmentally friendly bonding solutions is expected to continue growing.
A significant driver propelling the market for emulsion adhesives is the growth in packaging and labeling applications. Emulsion adhesives are widely used in the packaging industry for bonding paperboard, corrugated cardboard, cartons, labels, and flexible packaging materials. The driver is fueled by factors such as the expansion of e-commerce, food and beverage packaging, pharmaceutical packaging, and consumer goods packaging, which require reliable and cost-effective adhesive solutions to ensure product integrity, tamper resistance, and shelf appeal. Emulsion adhesives offer advantages such as excellent adhesion to a variety of substrates, fast curing speed, and compatibility with high-speed production processes such as roll-to-roll and sheet-fed printing. Additionally, emulsion adhesives can be formulated to meet specific performance requirements such as cold temperature resistance, moisture resistance, and FDA compliance for food contact applications. As packaging trends evolve towards sustainability, convenience, and branding differentiation, the demand for emulsion adhesives that enable efficient and attractive packaging solutions is expected to grow, creating opportunities for adhesive manufacturers, converters, and packaging suppliers to innovate and collaborate in delivering value-added solutions to their customers.
An opportunity within the market for emulsion adhesives lies in the expansion into high-performance industrial applications where emulsion adhesives can offer unique advantages. Opportunities exist to penetrate industries such as automotive, construction, woodworking, and textiles, where there is demand for adhesives that provide high bond strength, durability, and resistance to extreme conditions. By leveraging advancements in formulation chemistry, adhesive manufacturers can develop specialty emulsion adhesives tailored to specific industrial requirements, such as structural bonding, laminating, sealing, and assembly. Additionally, opportunities exist to customize emulsion adhesives for emerging applications such as composite bonding, electronic assembly, and medical device manufacturing, where adhesives play a critical role in enabling lightweighting, miniaturization, and advanced material combinations. By collaborating with industry partners, conducting application trials, and providing technical support, adhesive manufacturers can address the needs of diverse industrial segments, deliver value-added solutions, and capture opportunities in high-growth markets. Furthermore, opportunities exist to differentiate emulsion adhesives based on their performance attributes, such as temperature resistance, chemical resistance, and bonding to difficult substrates, to meet the stringent requirements of industrial customers and gain competitive advantage in the market. This opportunity aligns with the market's evolution towards customization, performance optimization, and diversification, addressing the demand for adhesive solutions that enable innovation, efficiency, and reliability in industrial manufacturing processes.
The Acrylic Polymer Emulsion segment is the largest segment in the Emulsion Adhesives Market, driven by its versatile properties and wide-ranging applications across various industries. Acrylic polymer emulsions offer excellent adhesion to a variety of substrates, including plastics, metals, wood, and textiles, making them highly sought after in adhesive formulations. Additionally, these emulsions provide exceptional durability, weather resistance, and UV stability, making them suitable for both indoor and outdoor applications. The ability of acrylic polymer emulsions to form strong and flexible bonds contributes to their popularity in industries such as construction, packaging, automotive, and woodworking. Furthermore, advancements in acrylic polymer emulsion technology, including the development of eco-friendly formulations with low VOC content, further drive their demand in compliance with stringent environmental regulations. Over the forecast period, the Acrylic Polymer Emulsion segment dominates the Emulsion Adhesives Market due to its superior performance characteristics and widespread applicability across diverse end-use sectors.
The Construction segment is the fastest-growing in the Emulsion Adhesives Market. This rapid growth is primarily driven by the global surge in construction activities, particularly in developing regions such as Asia-Pacific and Latin America. The increasing urbanization and industrialization in these regions have led to a significant rise in residential, commercial, and infrastructural projects. Emulsion adhesives are favored in the construction industry due to their strong bonding properties, versatility, and environmental friendliness. These adhesives are used in a variety of applications including flooring, insulation, panels, and decorative laminates. Additionally, the push for sustainable and eco-friendly building materials has increased the demand for water-based adhesives, which are a type of emulsion adhesive. As green building practices become more prevalent, the preference for low VOC (volatile organic compounds) emitting adhesives further propels the growth of emulsion adhesives in this sector. This dynamic combination of increased construction activities and the shift towards sustainable building materials underpins the robust growth trajectory of the Construction segment in the emulsion adhesives market.
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Akzo Nobel N.V.
Arkema S.A.
Ashland Global Holdings Inc
BASF SE
Bond It
Cattie Adhesives
CEMEDINE Co. Ltd
Dynea AS
H.B. Fuller Company
Henkel Ltd
Jowat SE
Kuraray Europe GmbH
Morleys
Sealock Ltd
U.S. Adhesives Inc
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Emulsion Adhesives Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Emulsion Adhesives Market Size Outlook, $ Million, 2021 to 2032
3.2 Emulsion Adhesives Market Outlook by Type, $ Million, 2021 to 2032
3.3 Emulsion Adhesives Market Outlook by Product, $ Million, 2021 to 2032
3.4 Emulsion Adhesives Market Outlook by Application, $ Million, 2021 to 2032
3.5 Emulsion Adhesives Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Emulsion Adhesives Industry
4.2 Key Market Trends in Emulsion Adhesives Industry
4.3 Potential Opportunities in Emulsion Adhesives Industry
4.4 Key Challenges in Emulsion Adhesives Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Emulsion Adhesives Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Emulsion Adhesives Market Outlook by Segments
7.1 Emulsion Adhesives Market Outlook by Segments, $ Million, 2021- 2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
8 North America Emulsion Adhesives Market Analysis and Outlook To 2032
8.1 Introduction to North America Emulsion Adhesives Markets in 2024
8.2 North America Emulsion Adhesives Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Emulsion Adhesives Market size Outlook by Segments, 2021-2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
9 Europe Emulsion Adhesives Market Analysis and Outlook To 2032
9.1 Introduction to Europe Emulsion Adhesives Markets in 2024
9.2 Europe Emulsion Adhesives Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Emulsion Adhesives Market Size Outlook by Segments, 2021-2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
10 Asia Pacific Emulsion Adhesives Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Emulsion Adhesives Markets in 2024
10.2 Asia Pacific Emulsion Adhesives Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Emulsion Adhesives Market size Outlook by Segments, 2021-2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
11 South America Emulsion Adhesives Market Analysis and Outlook To 2032
11.1 Introduction to South America Emulsion Adhesives Markets in 2024
11.2 South America Emulsion Adhesives Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Emulsion Adhesives Market size Outlook by Segments, 2021-2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
12 Middle East and Africa Emulsion Adhesives Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Emulsion Adhesives Markets in 2024
12.2 Middle East and Africa Emulsion Adhesives Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Emulsion Adhesives Market size Outlook by Segments, 2021-2032
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Akzo Nobel N.V.
Arkema S.A.
Ashland Global Holdings Inc
BASF SE
Bond It
Cattie Adhesives
CEMEDINE Co. Ltd
Dynea AS
H.B. Fuller Company
Henkel Ltd
Jowat SE
Kuraray Europe GmbH
Morleys
Sealock Ltd
U.S. Adhesives Inc
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Resin
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
PU Dispersion
Others
By Application
Paper & Packaging
Woodworking
Tapes & Labels
Construction
Automotive
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Emulsion Adhesives Market Size is valued at $18.4 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.3% to reach $27.8 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Akzo Nobel N.V., Arkema S.A., Ashland Global Holdings Inc, BASF SE, Bond It, Cattie Adhesives, CEMEDINE Co. Ltd, Dynea AS, H.B. Fuller Company, Henkel Ltd, Jowat SE, Kuraray Europe GmbH, Morleys, Sealock Ltd, U.S. Adhesives Inc
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume