“The Anaerobic Adhesives Market was estimated at US$ 460.34 million in 2022 and is expected to grow at a CAGR of 5.6% during 2023-2028 to reach US$ 641.97 million by 2028.”

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Market Dynamics

Introduction

Anaerobic Adhesives are free from solvents and are capable of curing without the presence of air. When it is applied for the curing purpose, it quickly hardens and seals the objects with the help of metal ions.

Anaerobic Adhesives can have several product types such as thread lockers, thread sealants, retaining compounds, and gasket sealants. Automotive, healthcare, building & construction, electrical & electronics, packaging, and some others are the industries where anaerobic adhesives are used.  

Market Drivers

Driven by their properties, the demand for anaerobic adhesives has been increasing in various end-use industries such as automotive & transportation, electrical & electronics, industrial, and others. Numerous manufacturers of anaerobic adhesives are undertaking R&D activities to develop sustainable adhesives and overcome the limitations of outmoded fastening methods.

Segments Analysis

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By Product Type

“The thread sealants dominate the market during the forecast period.”

The market is segmented into thread lockers, thread sealants, retaining compounds, and gasket sealants. The thread sealants product segment is estimated to register the highest growth during the forecast period. Thread sealant adhesives offer phenomenal bonding strength to metals.

Thread sealant adhesives own properties such as high heat resistance, chemical resistance, high performance on passive metals without activator, and instant low-pressure seal.

By Substrate Type

“The metals segment dominates the market during the forecast period.”

The market is segmented into plastic, metal, rubber, and others. The metals segment accounts for the highest growth during the forecast period. Metal substrate-based anaerobic adhesives are extra strong. Metal substrates render anaerobic adhesives exceptional tensile strength and excellent tear resistance.

By End-Use Industry Type

“The electrical & electronics dominates the market during the forecast period.”

The market is segmented into automotive, healthcare, building & construction, electrical & electronics, packaging, and others. The electrical & electronics end-use industry segment is estimated to depict the highest growth in the coming five years.

Anaerobic adhesives find applications for bonding, potting, low-pressure molding, and sealing & encapsulating critical components such as connectors, splice assemblies, and cable closures.  

Regional Analysis

“The Asia-Pacific’s anaerobic adhesives market is estimated to witness the highest growth during the forecast period.”

The growth of the region’s anaerobic adhesives market can be attributed to the rising demand for anaerobic adhesives from countries such as India, China, South Korea, Thailand, Indonesia, etc. 

North America and Europe are also expected to offer substantial growth opportunities during the forecast period. 

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Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.  

The following are the key players in the anaerobic adhesives market (arranged alphabetically).

• Avery Dennison Corporation
• Asian Paints Limited
• A.B.E. Construction Chemicals (Pty) Ltd.
• Advance Tapes International Ltd.
• Chowgule Construction Chemicals Pvt. Ltd.
• Dukal Corporation
• Furukawa Electric Co., Ltd.
• Gebrüder Jaeger GmbH
• Henkel AG & Co. KGaA
• Johnson & Johnson

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. 

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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