Anaerobic Adhesives Market Size & Growth Analysis to 2030

The global anaerobic adhesives market size is anticipated to register a significant CAGR of over 5% during the forecast period and expected to reach over USD 700 million by 2028. The growing demand for the product in various end-use industries such as building & construction, automotive, electrical & electronics, and industrial applications is a major factor to drive the market growth. The properties associated with the product such as high strength, quick cure, no blending required, non-solvent, and eco-friendly nature are further expected to increase the demand for anaerobic adhesives in various applications. Furthermore, the increasing demand for home appliances such as washing machines, cloth driers, and dishwashers are further expected to uplift the market growth over the forecast period.

Market Drivers:

Increasing demand from industrial sectors: Anaerobic adhesives find extensive applications in various industrial sectors such as automotive, aerospace, electronics, machinery, and manufacturing. These adhesives are used for threadlocking, retaining, sealing, and gasketing applications. The growing industrial activities and demand for reliable and durable bonding solutions drive the demand for anaerobic adhesives.

Advantages over traditional adhesives: Anaerobic adhesives offer several advantages over traditional adhesive technologies. They cure in the absence of oxygen, allowing for secure and fast bonding of metal components, even in tight-fitting assemblies. They provide excellent resistance to vibration, thermal cycling, and chemicals, making them ideal for demanding industrial applications.

Cost-effectiveness and efficiency: Anaerobic adhesives provide cost-effective solutions compared to alternative bonding methods such as mechanical fastening or welding. They require minimal adhesive usage, provide high-strength bonds, and offer quick curing times, which helps in reducing production costs and improving assembly line efficiency.

Increased focus on lightweight and miniaturized components: Industries such as automotive and electronics are increasingly focusing on lightweight designs and miniaturization. Anaerobic adhesives offer the advantage of bonding small and lightweight components effectively, providing secure and reliable connections without adding excessive weight or bulk.

Growth in automotive production: The automotive industry is a major consumer of anaerobic adhesives. The growth of the automotive sector, driven by increasing vehicle production, technological advancements, and demand for lightweight materials, positively impacts the demand for anaerobic adhesives for various applications like threadlocking, sealing, and gasketing.

Maintenance and repair activities: Anaerobic adhesives are widely used in maintenance, repair, and overhaul (MRO) activities across industries. They are effective in preventing loosening of threaded fasteners, sealing leaks, and repairing components. The ongoing need for maintenance and repair activities in industries drives the demand for anaerobic adhesives.

Increasing demand for reliable and durable bonding solutions: Industries require bonding solutions that can withstand harsh operating conditions, including high temperatures, vibrations, and exposure to chemicals. Anaerobic adhesives offer excellent resistance to these conditions, ensuring reliable and durable bonds, which is a key driving factor for their adoption.

Technological advancements and product innovation: Ongoing research and development efforts have led to technological advancements and product innovations in anaerobic adhesives. Manufacturers are introducing new formulations with enhanced properties, such as faster curing times, improved temperature resistance, and compatibility with a wider range of substrates. These advancements contribute to the growth of the anaerobic adhesives market.

Market Snapshot:

Market Insights:

The global anaerobic adhesives market is bifurcated into product, substrate, end-use industry, and geography. On the basis of product, the market is further segmented into thread locker, thread sealants, retaining compounds, and gasket sealants. The thread locker segment dominated the global market in 2021 and is estimated to hold the largest revenue share of over 1/3 market share by the end of the analysis period. On the flip side, the thread sealants segment is estimated to grow at the fastest growth over the forecast period. The properties associated with the thread sealants such as high performance, chemical resistance, and high heat resistance is expected to fuel the segment growth over the forecast period.

On the basis of end-use industry, the market is fragmented into Automotive, Electrical & Electronics, Industrial, and Others. The automotive segment dominated the global anaerobic adhesives market in 20201 and is expected to grow the same trend over the forecast period. The widespread use of the product in various automotive applications is a major factor to drive the segment growth. On the other hand, the electric and electronics segment is accounted to register the fastest growth rate in the market over the forecast period. The increasing demand for home appliances around the world such as washing machines, dishwashers, and cloth driers is expected to drive the segment growth. Furthermore, the growing use of the product in various applications such as molding, potting, bonding, and sealing critical components are anticipated to fuel the segment growth over the forecast period.

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The anaerobic adhesives comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The anaerobic adhesives market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2019-20 – Historical Year
• 2021 – Base Year
• 2022-2028 – Forecast Period

Market Segmentation:

By Product:

• Thread Locker
• Thread Sealants
• Retaining Compounds
• Gasket Sealants

By Substrate:

• Metals
• Plastics
• Others

By End-Use Industry:

• Automotive
• Electrical & Electronics
• Industrial
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific held the largest revenue share of the global anaerobic adhesives market in 2021 and is estimated to hold a significant revenue share of over 40% of the market by the end of the analysis period. The huge production of electronic products in China and the growing industrialization in developing economies are some major factors driving the market growth in the region. Furthermore, the growing building and construction industry in emerging countries is further anticipated to boost the market growth in the Asia Pacific. Moreover, the increasing investment in the construction sector by governments of various countries and the growing purchasing power of people are expected to propel the market growth in upcoming years.

Competitive Assessment:

Some of the major market players operating in the global anaerobic adhesives market are 3M Company, Henkel AG & Co. KGaA, Eastman Chemical Company, Permabond LLC., and H.B. Fuller Company. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• 3M Company
• Henkel AG & Co. KGaA
• Eastman Chemical Company
• Permabond LLC.
• B. Fuller Company
• Illinois Tool Works
• Three Bond International
• Delta Adhesives
• Anabond Limited
• Asec Co.,Ltd.
• Novachem Corporation Ltd.

Key Questions Answered by Anaerobic Adhesives Market Report

• Global anaerobic adhesives market forecasts from 2022-2028
• Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
• Anaerobic adhesives submarket forecasts from 2022-2028 covering the market by product, by substrate, by end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level anaerobic adhesives markets from 2022-2028
• Competitive Landscape and market positioning of top 10 players operating in the market