Instant Adhesive Gel Market Size, Share, Growth and Industry Analysis by Type (Cyanoacrylate Instant Adhesives, And, Epoxy-Based Instant Adhesive) By Application (Electronics, Woodworking, Transportation, Medical, And, Others), Regional Insights, and Forecast From 2023 To 2030

Updated On: 20 November 2023

Instant Adhesive Gel Market REPORT OVERVIEW

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The instant adhesive gel market expected to be worth USD 2100.2 million in 2022, the market is projected to touch USD 3144.8 million by 2028 with a CAGR of 7.0% during the forecast period.

Instant adhesive gels are revolutionary products that offer quick and strong bonding solutions for various applications. They are also known as gel adhesives. They have a unique gel-like consistency that makes them very handy for all sorts of sticky applications. Unlike regular adhesives, these gels will not drip or run. They can be easily applied on vertical or overhead surfaces without any mess. They have several applications in different industries.

Recently, there has been an increasing focus on creating eco-friendly instant adhesive gels by using biodegradable materials. Versatility of adhesive gels in bonding different materials will increase the scope of the market. All of these factors are driving the instant adhesive gel market share.

COVID-19 Impact: Increased Awareness Regarding Hygiene During Pandemic Increased Market Growth

The COVID-19 pandemic has had a positive impact on the demand and usage of adhesive gels. With increased awareness of hygiene and the need for sanitization, these gels have become essential products in combating the spread of the virus. Adhesive gels offer a convenient and effective way to disinfect hands and surfaces, providing a quick-drying and portable solution.

Consequently, the demand for these gels has skyrocketed, leading to production and supply chain challenges. Manufacturers have faced difficulties in meeting the surge in demand, resulting in temporary shortages and price fluctuations. However, the market experienced growth even amidst the pandemic.

LATEST TRENDS

"Development of Antimicrobial Instant Adhesive Gels to Fuel Market Growth"

The field of adhesive gels has witnessed several exciting innovations in recent times. One notable advancement is the development of antimicrobial adhesive gels. These gels not only provide strong bonding capabilities but also possess antimicrobial properties that help inhibit the growth of bacteria and other harmful microorganisms. Another innovation is the introduction of UV-curable adhesive gels. These gels can be cured rapidly using ultraviolet light, allowing for even faster bonding and curing times. Furthermore, there has been a focus on creating eco-friendly adhesive gels by using biodegradable materials and reducing harmful chemicals. All of these factors are creating many lucrative growth opportunities for the market growth.

Instant Adhesive Gel Market SEGMENTATION

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• By Type:

The market can be divided on the basis of type into the following segments:

Cyanoacrylate instant adhesives, and, epoxy-based instant adhesive. The cyanoacrylate instant adhesives segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Electronics, woodworking, transportation, medical, and, others. The electronics segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"Versatility Exhibited by Instant Adhesive Gel to Accelerate Market Growth"

Several key driving factors contribute to the popularity and demand for adhesive gels. Firstly, their convenience and efficiency appeal to users who require quick bonding solutions without the need for extended drying or curing times. Secondly, the versatility of instant adhesive gels in bonding different materials, such as plastics, metals, and ceramics, makes them indispensable for a wide range of applications.

Additionally, the growing emphasis on hygiene and sanitation, particularly in light of the COVID-19 pandemic, has fueled the demand for adhesive gels as effective hand sanitizers and surface disinfectants. The ongoing advancements in adhesive technology, including innovations in formulations and improved adhesion strength, continue to drive the adoption of instant adhesive gels in various industries.

"Resistance of Adhesive Gels to Water, Temperature, and, Chemicals to Propel Market Growth "

In addition to the previously mentioned driving factors, there are several other key contributors to the growing popularity of adhesive gels. One factor is their ability to provide strong and durable bonds, ensuring reliable performance in various applications. Their resistance to water, temperature, and chemicals further enhances their appeal for both industrial and household use.

 Moreover, the user-friendly nature of instant adhesive gels, with easy application and minimal mess, increases their desirability. The availability of a wide range of formulations, including gel viscosity options and specialized adhesive properties, also caters to specific needs. Lastly, the affordability and accessibility of instant adhesive gels make them a cost-effective solution increasing the instant adhesive gel market growth.

RESTRAINING FACTOR

"Limited Flexibility of Adhesive Gels in Bonding to Bring Down Market Growth"

While instant adhesive gels have numerous advantages, there are some restraining factors that can impact their usage. One such factor is their limited flexibility in bonding certain materials, such as fabrics or porous surfaces, where alternative adhesive options may be more suitable. Another restraint is their short shelf life once opened, as exposure to air can cause the gel to dry out and lose its effectiveness over time.

Additionally, some adhesive gels may emit strong odors or contain volatile organic compounds (VOCs), which can be a concern for individuals with sensitivities or in enclosed spaces. Lastly, the high bond strength of instant adhesive gels can make it difficult to reposition or adjust bonded items, requiring precise application and careful handling.

Instant Adhesive Gel Market Regional Insights

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"North America to Dominate Market in Upcoming Years"

North America is dominating the market place. The leading region in the adhesive gels market is North America. The region dominates due to several factors. Firstly, the presence of a robust manufacturing sector and advanced technological infrastructure drives the demand for adhesive gels in industrial applications.

Secondly, the increasing focus on personal hygiene and sanitation, especially in the wake of the COVID-19 pandemic, has led to a surge in the adoption of adhesive gels as hand sanitizers. Additionally, North America is home to major players in the adhesive industry, fostering innovation and product development. The region's strong consumer base, coupled with a high awareness of adhesive products, further propels the market growth of instant adhesive gels in North America.

Key Industry Players

Leading Players adopt Acquisition Strategies to Stay Competitive

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• 3M (U.S.)
• Pidilite (India)
• H.B. Fuller (U.S.)
• Toagosei (Japan)
• Franklin International (U.S.)
• Huntsman Corporation (U.S.)
• Illinois Tool Works Incorporation (ITW) (U.S.)
• Delo Industrial Adhesives (Germany)
• Bostik SA (France)
• Sika AG (Switzerland)
• RPM (U.S.)
• Permabond LLC (U.S.)
• Parson Adhesives (India)
• Loxeal Engineering Adhesives (Italy)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations. A list of the key industry players has also been mentioned in the report in order to give an idea of the competition present in the market.