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Cyanoacrylate Adhesives Market Research Report Information By Type (Methyl, Ethyl, and Alkoxy), By End-Use Industry (Automotive, Healthcare, Consumer Goods, and Electronics), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“Market Forecast Till 2032


ID: MRFR/CnM/5877-HCR | 140 Pages | Author: Anshula Mandaokar| June 2024

Global Cyanoacrylate Adhesives Market Overview


Cyanoacrylate Adhesives Market Size was valued at USD 2.01 Billion in 2023. The Cyanoacrylate Adhesives industry is projected to grow from USD 2.13 Billion in 2024 to USD 3.26 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.44% during the forecast period (2024 - 2032). Increased use of cyanoacrylate in various applications such as assembling electronics and in the medical device sector are the key market drivers enhancing the market growth.


Cyanoacrylate Adhesives Market Share


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Cyanoacrylate Adhesives Market Trends



  • Growing demand in medical and healthcare is driving the market growth


Market CAGR for cyanoacrylate adhesives is driven by the rising demand in medical and healthcare. The need for efficient bonding solutions has grown significantly with the rapid advancement in technology and the rising adoption of electronic devices. Cyanoacrylate adhesives provide excellent adhesion to various substrates used in electronics, such as metals, plastics, and ceramics. They offer high thermal resistance, electrical insulation properties, and fast curing, making them ideal for electronic component assembly. The miniaturization trend in the electronics industry further amplifies the demand for cyanoacrylate adhesives, as they enable precise and reliable bonding in small-scale applications.


The cyanoacrylate adhesives market is witnessing a strong emphasis on product development and innovation. Key market players are involved in research and development activities to introduce new formulations and enhance the performance of cyanoacrylate adhesives. One area of focus is developing low-odor and low-blooming formulations to address the concerns associated with the strong smell and white residue left by traditional cyanoacrylate adhesives. Manufacturers are also working on developing adhesives with improved flexibility, impact resistance, and resistance to harsh environmental conditions. These advancements aim to expand the application scope of cyanoacrylate adhesives in the automotive, aerospace, and construction industries.


Another noteworthy trend in the cyanoacrylate adhesives market is the growing application in the medical and healthcare sector. Cyanoacrylate adhesives are increasingly used as medical or tissue adhesives due to their biocompatible nature and ability to form strong bonds with biological tissues. These adhesives find extensive applications in wound closure, surgical incisions, dental procedures, and drug delivery systems. They offer advantages such as minimal scarring, reduced healing time, and improved patient comfort compared to traditional sutures or staples. The choice of minimally invasive surgeries and the demand for advanced wound care products propel the adoption of cyanoacrylate adhesives in the medical field.


The increasing demand from the electronics and electrical industry, driven by technological advancements and miniaturization, is a major factor influencing market growth. Additionally, the growing application of cyanoacrylate adhesives in the medical and healthcare sector, owing to their biocompatibility and wound healing benefits, is expanding the market opportunities. Moreover, the focus on product development and innovation drives the introduction of advanced formulations that offer improved performance and address specific industry needs, driving the Cyanoacrylate Adhesives market revenue.


Cyanoacrylate Adhesives Market Segment Insights


Cyanoacrylate Adhesives Type Insights


The Cyanoacrylate Adhesives market segmentation, based on type, includes methyl, ethyl, and alkoxy. The methyl segment dominated the market. It offers adhesion to various substrates, including metals, plastics, rubber, and ceramics. Methyl cyanoacrylate adhesives are known for their quick curing time and high strength. They find various applications in electronics, automotive, and medical devices.


Cyanoacrylate Adhesives End-Use Industry Insights


The Cyanoacrylate Adhesives market segmentation, based on the end-use industry, includes automotive, healthcare, consumer goods, and electronics. The automotive category generated the most income. The cyanoacrylate adhesives are utilized for bonding various components, including plastics, rubber, and metals. These adhesives provide structural integrity, vibration resistance, and high-temperature resistance, making them ideal for automotive assembly and repair applications.


Figure 1: Cyanoacrylate Adhesives Market by End-Use Industry, 2022 & 2032 (USD Billion)


Cyanoacrylate Adhesives Market by End-Use Industry


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Cyanoacrylate Adhesives Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Cyanoacrylate Adhesives market area will dominate this market due to the well-established industrial infrastructure and is home to several major end-use industries, including automotive, aerospace, and electronics. In addition, the region has a strong focus on research and development activities, leading to continuous advancements in adhesive technologies. The presence of key market players and favorable government regulations further contribute to the growth of the market in North America.


Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: CYANOACRYLATE ADHESIVES MARKET SHARE BY REGION 2022 (USD Billion)


CYANOACRYLATE ADHESIVES MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe's Cyanoacrylate Adhesives market accounts for the second-largest market share due to the robust automotive and aerospace industry, which drives the demand for these adhesives. The region is witnessing increasing investments in research and development to develop eco-friendly and high-performance adhesives. Further, the German Cyanoacrylate Adhesives market held the largest market share, and the UK Cyanoacrylate Adhesives market was the rapid-growing market in the European region.


The Asia-Pacific Cyanoacrylate Adhesives Market is expected to grow fastest from 2023 to 2032. It is due to rapid industrialization and urbanization, leading to increased construction activities and infrastructure development. Additionally, the availability of declining cost labor and raw materials in the region attracts major market players to establish their manufacturing facilities, further propelling the market growth. Moreover, China’s Cyanoacrylate Adhesives market held the largest market share, and the Indian Cyanoacrylate Adhesives market was the rapid-growing market in the Asia-Pacific region.


Cyanoacrylate Adhesives Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the Cyanoacrylate Adhesives market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Cyanoacrylate Adhesives industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Cyanoacrylate Adhesives industry to benefit clients and increase the market sector. In recent years, the Cyanoacrylate Adhesives industry has offered some of the most significant medical advantages. Major players in the Cyanoacrylate Adhesives market, including 3m, Arkema Group, Chemence, Dupont De Nemours Inc., H.B. Fuller Company, Henkel Ag & Co. Kgaa. JowatSe. Master Bond Inc., Permabond Llc., Pidilite Industries Ltd., and others are attempting to raise market demand by investing in research and development operations.


H.B. Fuller Company, founded in 1887, located in Vadnais Heights, Minnesota, United States, is an American adhesives manufacturing company that supplies industrial adhesives worldwide. It is the largest manufacturer and supplier of adhesives globally. The company has long received praise in ethical investment circles for carefully handling toxic waste and the nature reserve built around its headquarters. Initially incorporated as the Fuller Manufacturing Company, in 1915, the company was reincorporated as the H.B. Fuller Company. H.B. Fuller became a public company in 1968. In February 2022, H.B. Fuller announced the acquisition of Fourny NV to strengthen its Construction Adhesives business in Europe.


Mitsubishi Chemical Corporation, also known as MCC, was founded in 2005 in Tokyo, Japan. It is a Japanese company that is the largest chemical corporation in Japan. It operates in various divisions, which include natural gas-related chemicals, aromatic-related chemicals, functional chemicals, and real estate businesses. February 2020: Mitsubishi Chemical plans to set up an MMA plant on the U.S. Gulf Coast by 2024. The plant would have about 250,000 to 350,000 tons per year. It will be based on Alpha Technology, which derives methyl methacrylate from methanol, carbon monoxide, and ethylene.


Key Companies in the Cyanoacrylate Adhesives market include



  • 3m

  • Arkema Group

  • Chemence

  • Dupont De Nemours Inc.

  • H. B. Fuller Company

  • Henkel Ag & Co. Kgaa. JowatSe. Master Bond Inc.

  • Permabond Llc.

  • Pidilite Industries Ltd.


Cyanoacrylate Adhesives Industry Developments


January 2022: H.B. Fuller announced the acquisition of UK-based Apollo Chemicals to expand its foothold in the European market.


May 2022: ITW Performance Polymers announced a distribution partnership with PREMA SA in Poland for its Devcon brand.


Cyanoacrylate Adhesives Market is Gaining Momentum by Leading Companies like M Corporation, Henkel AG and Company, ITW Devcon, Master Bond, Super Glue Corporation., Bostik S.A.S.A.


Cyanoacrylate Adhesives Market Segmentation


Cyanoacrylate Adhesives Type Outlook



  • Methyl

  • Ethyl

  • Alkoxy


Cyanoacrylate Adhesives Application Outlook



  • Automotive

  • Healthcare

  • Consumer Goods

  • Electronics


Cyanoacrylate Adhesives Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Attribute/Metric Details
Market Size 2023 USD 2.01 Billion
Market Size 2024 USD 2.13 Billion
Market Size 2032 USD 3.26 Billion
Compound Annual Growth Rate (CAGR) 5.44% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled 3m, Arkema Group, Chemence, Dupont De Nemours Inc., H.B. Fuller Company, Henkel Ag & Co. Kgaa. JowatSe. Master Bond Inc., Permabond Llc., Pidilite Industries Ltd.
Key Market Opportunities Cyanoacrylate is propelling in the healthcare industry for making bandages and other medical products.
Key Market Dynamics Increase in demand for cyanoacrylate for roof pads, engine protectors, and weather strips in the automotive industry.


Frequently Asked Questions (FAQ) :

The Cyanoacrylate Adhesives Market was valued at USD 2.01 Billion in 2023.

The Cyanoacrylate Adhesives Market is projected to grow at a CAGR of 5.44% during the forecast period, 2024-2032.

North America had the largest share of the Cyanoacrylate Adhesives Market.

The key players in the Cyanoacrylate Adhesives Market are 3m, Arkema Group, Chemence, Dupont De Nemours Inc., H.B. Fuller Company, and Henkel Ag & Co. Kgaa. JowatSe. Master Bond Inc., Permabond Llc., Pidilite Industries Ltd.

The methyl category dominated the Cyanoacrylate Adhesives Market in 2023.

Automotive had the largest share of the Cyanoacrylate Adhesives Market.

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