$18.9bn
$XXX.Xm
27,959
383
$X.Xbn
The Adhesive Manufacturing industry has undergone significant fluctuations over the last few years, largely influenced by the impact of the COVID-19 pandemic. The global crisis led to reduced industrial activities, resulting in dampened adhesive manufacturing revenues and profits in 2020. However, the following year saw a surge in manufacturers' inventory buildup, in response to economic uncertainty that had been spurred by high inflation and disruptions in the supply chain. This adjustment in the broader manufacturing sector contributed to double-digit growth within this industry in 2021. Robust expansion in residential construction, which benefited from historically low mortgage rates at the time, further buoyed growth.
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated $18.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Henkel Ag & Co. Kgaa | 2,768.9 | 350.5 | 12.7 | |
3m Company | 965.0 | 202.1 | 20.9 | |
Fuller H B Co | 903.9 | 101.4 | 11.2 |
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Industry revenue is measured across several distinct product and services lines, including Synthetic resin and rubber adhesives, Nonstructural caulking components and Natural-based glues and adhesives. Synthetic resin and rubber adhesives is the largest segment of the Adhesive Manufacturing in the US.
Synthetic resin and other rubber adhesives provide versatility
The Adhesive Manufacturing industry produces a wide range of products used in various sectors like construction, automotive and consumer goods. The adhesives provide bonding solutions for diverse materials, including metals, plastics and wood. Adhesives are also vital in the production of semiconductors and other technologies. The industry encompasses manufacturers of both synthetic and natural adhesives. Industry products serve as crucial components in facilitating assembly, repair and maintenance across numerous applications, contributing to the efficiency and durability of modern products and infrastructure.
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NAICS 32552 - Adhesive Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Anticipated economic rebound will fuel growth. Projected Federal Reserve interest rate cuts starting in 2024 are expected to boost demand for adhesives beginning in 2025.
Learn about an industry's products and services, markets and trends in international trade.
Lightweight products draw greater demand. Downstream manufacturers prioritize lighter adhesives over heavy fasteners, especially when trying to create lighter, more efficient...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Adhesive manufacturers prefer to locate near other manufacturers. The Great Lakes region hosts an array of automotive and plastic manufacturers that rely on adhesives, provid...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Low product differentiation translates into heavy internal competition. Adhesive manufacturers must constantly improve the quality and uniqueness of their products to gain a ...
Learn about the performance of the top companies in the industry.
The four largest companies account for nearly one-quarter of adhesive manufacturing revenue. These companies benefit from offering a wide portfolio of adhesives to different ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Adhesive manufacturers face heavy regulations but have a strong support network. Strict guidelines are in place to curb pollution, protect employees and deter foreign product...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Manufacturers seek to enhance employee recruitment and retention efforts. Addressing workforce retention remains a key challenge, which is only partially alleviated by compen...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Adhesive Manufacturing in the US industry in United States is $18.9bn in 2024.
There are 383 businesses in the Adhesive Manufacturing in the US industry in United States, which has declined at a CAGR of 0.9 % between 2019 and 2024.
The market size of the Adhesive Manufacturing in the US industry in United States has been growing at a CAGR of 0.7 % between 2019 and 2024.
Over the next five years, the Adhesive Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Adhesive Manufacturing market in United States are Henkel Ag & Co. Kgaa, 3m Company and Fuller H B Co
Manufacturing structural sealants and Manufacturing nonstructural caulking compounds and sealants are part of the Adhesive Manufacturing in the US industry.
The company holding the most market share in United States is Henkel Ag & Co. Kgaa.
The level of competition is moderate and steady in the Adhesive Manufacturing in the US industry in United States.