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Thermoplastic Adhesives global market

Thermoplastic Adhesives global market

Global Thermoplastic Adhesives Market Research Report 2025

This report on the global thermoplastic adhesives market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, region

Pages: 210

Format: PDF

Date: 12-2025

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Global Thermoplastic Adhesives Market Report (2025–2035)

Market Outlook

Chem Reports projects that the Thermoplastic Adhesives Market was valued at USD xxxx million in 2024 and is expected to reach USD xxxx million by 2035, growing at a CAGR of xx% globally.

Global Market Overview

The Global Thermoplastic Adhesives Market Report 2020 provides an extensive analysis of industry development drivers, patterns, flows, and market size. Historical and present values are assessed to forecast market performance through 2025–2035. The study integrates both primary and secondary data sources, examining:

  • Government policies and regulatory environment
  • Competitive landscape and market structure
  • Historical data and current market trends
  • Technological innovation and upcoming advancements
  • Industry progress in related sectors

Impact of COVID-19

The outbreak of COVID-19 in late 2019 disrupted global supply chains and demand patterns. The Thermoplastic Adhesives market experienced significant challenges in 2020, with long-term effects on production, distribution, and consumption trends.

Market Segmentation

By Type

  • Polyurethane
  • Polystyrene
  • Polyacrylate
  • Others

By Application

  • Paper
  • Wood
  • Leather
  • Others

Regional Analysis

  • North America (U.S., Canada, Mexico): Mature market with strong demand in packaging, woodworking, and industrial applications.
  • Europe (Germany, U.K., France, Italy, Spain, Russia): Stable demand, shaped by stringent regulations and innovation in adhesives for sustainable applications.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Fastest-growing region, driven by manufacturing expansion, packaging demand, and construction activities.
  • South America (Brazil, Argentina): Emerging opportunities in packaging and industrial adhesives.
  • Middle East & Africa (Saudi Arabia, South Africa): Growing demand supported by industrial diversification and infrastructure development.

Key Players

  • Ellsworth Adhesives
  • E & T Plastics
  • Muir Tapes & Adhesives
  • Master Bond
  • Aremco Products
  • Waage Electric
  • APV Engineered Coatings
  • Innovative Resin Systems
  • Meler
  • Bayer
  • BASF
  • Dow
  • Huntsman
  • NPU
  • MITSUI

Regional Analysis

  • North America (U.S., Canada, Mexico): Mature market with strong demand in packaging, woodworking, and industrial applications. Innovation in eco-friendly adhesives is a key driver.
  • Europe (Germany, U.K., France, Italy, Spain, Russia): Stable demand, shaped by stringent environmental regulations and adoption of sustainable adhesive technologies.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Fastest-growing region, driven by manufacturing expansion, packaging demand, and construction activities.
  • South America (Brazil, Argentina): Emerging opportunities in packaging and industrial adhesives, supported by growing consumer markets.
  • Middle East & Africa (Saudi Arabia, South Africa): Growing demand supported by industrial diversification, infrastructure development, and imports of specialty adhesives.

Detailed Segmentation Analysis

By Type

  • Polyurethane: Strong bonding, widely used in automotive and construction.
  • Polystyrene: Cost-effective, used in packaging and consumer goods.
  • Polyacrylate: High performance, preferred in specialty applications.
  • Others: Niche adhesives for specialized industries.

By Application

  • Paper: Dominant in packaging and printing industries.
  • Wood: Strong demand in furniture and construction.
  • Leather: Used in footwear and fashion industries.
  • Others: Specialty applications across industrial sectors.

Porter’s Five Forces

  1. Competitive Rivalry: High; numerous global players compete across packaging, construction, and specialty adhesive segments.
  2. Threat of New Entrants: Moderate; capital-intensive production and regulatory compliance create barriers.
  3. Bargaining Power of Suppliers: Moderate; raw material suppliers (polymer resins, additives) influence costs.
  4. Bargaining Power of Buyers: High; buyers demand cost efficiency, sustainability, and performance.
  5. Threat of Substitutes: Moderate–High; alternatives include thermosetting adhesives, bio-based adhesives, and mechanical fastening.

SWOT Analysis

Strengths

  • Versatile applications across multiple industries
  • Strong global presence with diversified players
  • High bonding strength and durability

Weaknesses

  • Environmental concerns over petrochemical-based adhesives
  • High dependence on raw material costs
  • Regulatory vulnerability in developed markets

Opportunities

  • Expansion into bio-based and sustainable adhesive solutions
  • Growth in Asia-Pacific manufacturing and packaging sectors
  • Technological innovation in specialty adhesives

Threats

  • Rising competition from substitutes (bio-based, thermosetting adhesives)
  • Volatile raw material prices
  • Stringent environmental regulations in Europe and North America

Trend Analysis

  • Shift toward sustainable and bio-based adhesive solutions
  • Rising demand for packaging adhesives in e-commerce and consumer goods
  • Growth in construction and automotive applications globally
  • Technological advancements in specialty adhesives for high-performance industries

Drivers & Challenges

Drivers

  • Expanding packaging and consumer goods industries
  • Rising demand in construction and automotive sectors
  • Technological innovation in adhesive formulations

Challenges

  • Environmental and regulatory pressures on petrochemical-based adhesives
  • Volatile raw material costs
  • Competition from substitutes and alternative bonding technologies

Value Chain Analysis

  • Upstream: Suppliers of polymer resins, additives, and specialty chemicals
  • Midstream: Adhesive manufacturers (Ellsworth Adhesives, BASF, Dow, Huntsman, Bayer, etc.)
  • Downstream: End-users in packaging, construction, automotive, and consumer goods industries
  • Support Activities: Logistics, distribution, recycling, regulatory compliance, R&D innovation

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in bio-based and sustainable adhesive technologies to meet regulatory and consumer demands.
  • Distributors: Expand networks in Asia-Pacific and South America to capture high-growth markets.
  • Investors: Focus on companies innovating in eco-friendly and high-performance adhesives.
  • Policy Makers: Encourage recycling infrastructure and incentivize sustainable adhesive innovation.
  • End-users (packaging, construction, automotive): Diversify suppliers and adopt sustainable adhesive solutions to align with long-term cost and compliance goals.

 

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1. Market Overview of Thermoplastic Adhesives Market
    1.1 Thermoplastic Adhesives Market Market Overview
        1.1.1 Thermoplastic Adhesives Market Product Scope
        1.1.2 Market Status and Outlook
    1.2 Thermoplastic Adhesives Market Market Size by Regions:
    1.3 Thermoplastic Adhesives Market Historic Market Size by Regions
    1.4 Thermoplastic Adhesives Market Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Thermoplastic Adhesives Market Sales Market by Type
    2.1 Global Thermoplastic Adhesives Market Historic Market Size by Type
    2.2 Global Thermoplastic Adhesives Market Forecasted Market Size by Type
    2.3 Polyurethane
    2.4 Polystyrene
    2.5 Polyacrylate
    2.6 Others
3. Covid-19 Impact Thermoplastic Adhesives Market Sales Market by Application
    3.1 Global Thermoplastic Adhesives Market Historic Market Size by Application
    3.2 Global Thermoplastic Adhesives Market Forecasted Market Size by Application
    3.3 Paper
    3.4 Wood
    3.5 Leather
    3.6 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Thermoplastic Adhesives Market Production Capacity Market Share by Manufacturers
    4.2 Global Thermoplastic Adhesives Market Revenue Market Share by Manufacturers
    4.3 Global Thermoplastic Adhesives Market Average Price by Manufacturers
5. Company Profiles and Key Figures in Thermoplastic Adhesives Market Business
    5.1 Ellsworth Adhesives
        5.1.1 Ellsworth Adhesives Company Profile
        5.1.2 Ellsworth Adhesives Thermoplastic Adhesives Market Product Specification
        5.1.3 Ellsworth Adhesives Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.2 E & T Plastics
        5.2.1 E & T Plastics Company Profile
        5.2.2 E & T Plastics Thermoplastic Adhesives Market Product Specification
        5.2.3 E & T Plastics Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.3 Muir Tapes & Adhesives
        5.3.1 Muir Tapes & Adhesives Company Profile
        5.3.2 Muir Tapes & Adhesives Thermoplastic Adhesives Market Product Specification
        5.3.3 Muir Tapes & Adhesives Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.4 Master Bond
        5.4.1 Master Bond Company Profile
        5.4.2 Master Bond Thermoplastic Adhesives Market Product Specification
        5.4.3 Master Bond Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.5 Aremco Products
        5.5.1 Aremco Products Company Profile
        5.5.2 Aremco Products Thermoplastic Adhesives Market Product Specification
        5.5.3 Aremco Products Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.6 Waage Electric
        5.6.1 Waage Electric Company Profile
        5.6.2 Waage Electric Thermoplastic Adhesives Market Product Specification
        5.6.3 Waage Electric Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.7 APV Engineered Coatings
        5.7.1 APV Engineered Coatings Company Profile
        5.7.2 APV Engineered Coatings Thermoplastic Adhesives Market Product Specification
        5.7.3 APV Engineered Coatings Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.8 Innovative Resin Systems
        5.8.1 Innovative Resin Systems Company Profile
        5.8.2 Innovative Resin Systems Thermoplastic Adhesives Market Product Specification
        5.8.3 Innovative Resin Systems Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.9 Meler
        5.9.1 Meler Company Profile
        5.9.2 Meler Thermoplastic Adhesives Market Product Specification
        5.9.3 Meler Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.10 Bayer
        5.10.1 Bayer Company Profile
        5.10.2 Bayer Thermoplastic Adhesives Market Product Specification
        5.10.3 Bayer Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.11 BASF
        5.11.1 BASF Company Profile
        5.11.2 BASF Thermoplastic Adhesives Market Product Specification
        5.11.3 BASF Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.12 Dow
        5.12.1 Dow Company Profile
        5.12.2 Dow Thermoplastic Adhesives Market Product Specification
        5.12.3 Dow Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.13 Huntsman
        5.13.1 Huntsman Company Profile
        5.13.2 Huntsman Thermoplastic Adhesives Market Product Specification
        5.13.3 Huntsman Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.14 NPU
        5.14.1 NPU Company Profile
        5.14.2 NPU Thermoplastic Adhesives Market Product Specification
        5.14.3 NPU Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
    5.15 MITSUI
        5.15.1 MITSUI Company Profile
        5.15.2 MITSUI Thermoplastic Adhesives Market Product Specification
        5.15.3 MITSUI Thermoplastic Adhesives Market Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Thermoplastic Adhesives Market Market Size
    6.2 North America Thermoplastic Adhesives Market Key Players in North America
    6.3 North America Thermoplastic Adhesives Market Market Size by Type
    6.4 North America Thermoplastic Adhesives Market Market Size by Application
7. East Asia
    7.1 East Asia Thermoplastic Adhesives Market Market Size
    7.2 East Asia Thermoplastic Adhesives Market Key Players in North America
    7.3 East Asia Thermoplastic Adhesives Market Market Size by Type
    7.4 East Asia Thermoplastic Adhesives Market Market Size by Application
8. Europe
    8.1 Europe Thermoplastic Adhesives Market Market Size
    8.2 Europe Thermoplastic Adhesives Market Key Players in North America
    8.3 Europe Thermoplastic Adhesives Market Market Size by Type
    8.4 Europe Thermoplastic Adhesives Market Market Size by Application
9. South Asia
    9.1 South Asia Thermoplastic Adhesives Market Market Size
    9.2 South Asia Thermoplastic Adhesives Market Key Players in North America
    9.3 South Asia Thermoplastic Adhesives Market Market Size by Type
    9.4 South Asia Thermoplastic Adhesives Market Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Thermoplastic Adhesives Market Market Size
    10.2 Southeast Asia Thermoplastic Adhesives Market Key Players in North America
    10.3 Southeast Asia Thermoplastic Adhesives Market Market Size by Type
    10.4 Southeast Asia Thermoplastic Adhesives Market Market Size by Application
11. Middle East
    11.1 Middle East Thermoplastic Adhesives Market Market Size
    11.2 Middle East Thermoplastic Adhesives Market Key Players in North America
    11.3 Middle East Thermoplastic Adhesives Market Market Size by Type
    11.4 Middle East Thermoplastic Adhesives Market Market Size by Application
12. Africa
    12.1 Africa Thermoplastic Adhesives Market Market Size
    12.2 Africa Thermoplastic Adhesives Market Key Players in North America
    12.3 Africa Thermoplastic Adhesives Market Market Size by Type
    12.4 Africa Thermoplastic Adhesives Market Market Size by Application
13. Oceania
    13.1 Oceania Thermoplastic Adhesives Market Market Size
    13.2 Oceania Thermoplastic Adhesives Market Key Players in North America
    13.3 Oceania Thermoplastic Adhesives Market Market Size by Type
    13.4 Oceania Thermoplastic Adhesives Market Market Size by Application
14. South America
    14.1 South America Thermoplastic Adhesives Market Market Size
    14.2 South America Thermoplastic Adhesives Market Key Players in North America
    14.3 South America Thermoplastic Adhesives Market Market Size by Type
    14.4 South America Thermoplastic Adhesives Market Market Size by Application
15. Rest of the World
    15.1 Rest of the World Thermoplastic Adhesives Market Market Size
    15.2 Rest of the World Thermoplastic Adhesives Market Key Players in North America
    15.3 Rest of the World Thermoplastic Adhesives Market Market Size by Type
    15.4 Rest of the World Thermoplastic Adhesives Market Market Size by Application
16 Thermoplastic Adhesives Market Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • Polyurethane
  • Polystyrene
  • Polyacrylate
  • Others

By Application

  • Paper
  • Wood
  • Leather
  • Others

Regional Analysis

  • North America (U.S., Canada, Mexico): Mature market with strong demand in packaging, woodworking, and industrial applications.
  • Europe (Germany, U.K., France, Italy, Spain, Russia): Stable demand, shaped by stringent regulations and innovation in adhesives for sustainable applications.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Fastest-growing region, driven by manufacturing expansion, packaging demand, and construction activities.
  • South America (Brazil, Argentina): Emerging opportunities in packaging and industrial adhesives.
  • Middle East & Africa (Saudi Arabia, South Africa): Growing demand supported by industrial diversification and infrastructure development.

Key Players

  • Ellsworth Adhesives
  • E & T Plastics
  • Muir Tapes & Adhesives
  • Master Bond
  • Aremco Products
  • Waage Electric
  • APV Engineered Coatings
  • Innovative Resin Systems
  • Meler
  • Bayer
  • BASF
  • Dow
  • Huntsman
  • NPU
  • MITSUI

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