Appliance Adhesive Market 2030: The Growing Importance of Vibration-Damping Solutions

Appliance Adhesive Market Size & Trends

The global appliance adhesive market size was estimated at USD 6.93 billion in 2023 and is expected to grow at a CAGR of 9.1% from 2024 to 2030. The market is being driven by a combination of factors, including consumer preferences, technological advancements, environmental concerns, and industry trends. Consumers are increasingly seeking appliances that are durable, long-lasting, and energy-efficient. The development of eco-friendly and sustainable adhesives is driving market growth.

Additionally, advancements in adhesive technology, such as innovative formulations and customized solutions, contribute to market growth. The expanding construction and renovation market, both residential and commercial, is also a significant driver for the market.

Gather more insights about the market drivers, restrains and growth of the Global Appliance Adhesive Market

To cater to evolving consumer needs, manufacturers have increased their focus on developing adhesives tailored to specific industries. The global automotive sector’s growth has spurred demand for electronics adhesives, which are used in various applications, including LED packaging, power electronics modules, anti-theft systems, engine status displays, and collision avoidance systems.

The rising demand for energy-efficient appliances is a major force behind the growth of the global market. As they become more conscious of environmental sustainability, consumers increasingly choose appliances that consume less energy. This trend will persist as governments worldwide implement stricter energy efficiency regulations.

Appliance adhesives play a crucial role in ensuring that appliances meet these energy efficiency standards. By sealing gaps and seams, these products prevent air and heat leakage, improving overall appliance efficiency and reducing energy consumption. Consequently, the increasing demand for energy-efficient appliances is a key factor driving the global market expansion.

Appliance Adhesive Market Report Highlights

• Based on product, the market is segmented into rubber, silicone, epoxy, and acrylic. The epoxy segment dominated the market with the largest revenue share in 2023. Epoxy is a versatile adhesive and coating material widely used in appliance manufacturing due to its excellent bonding properties, durability, and resistance to various environmental factors.
• Based on application, the market is segmented into washing machines, refrigerators, air conditioners, cooking ranges, cooktops, vacuum cleaners, dishwashers, microwaves, & ovens. Refrigerators dominated the market with the largest revenue share in 2023. Adhesives play a crucial role in the construction and assembly of refrigerators, ensuring the structural integrity, insulation, and overall performance of these appliances.
• North America appliance adhesive marketis growing due to the emphasis on sustainability in the region, which drives the demand for eco-friendly and sustainable adhesives for appliance manufacturing. Consumers are increasingly opting for energy-efficient appliances to reduce their environmental impact and utility bills, leading to a higher demand for product used in the construction of these appliances.
• As the people invest more in their homes and appliances, the demand for adhesives to secure and repair these appliances is growing. More people are opting to repair their appliances themselves rather than calling professionals. This trend has led to a higher demand for adhesives. Manufacturers are also developing specialized adhesives that are more durable, versatile, and easy to use, catering to the needs of both professionals and DIY enthusiasts.
• The appliance adhesive market in Asia Pacific held a revenue share of 52.8% of the global industry in 2023 and is expected to grow at a significant rate over the forecast period. The region’s strong economic growth has led to a surge in demand for appliances, driving the need for the product in their production.
• The appliance adhesive market in Europe is growing as the European Union (EU) has implemented stringent regulations regarding energy efficiency and product safety, which influence the use of adhesives in appliances. Manufacturers must comply with these regulations to sell their products in the European market.
• The appliance adhesive market in the Central & South America region is experiencing rapid economic growth, leading to a surge in demand for appliances, especially in urban areas. As disposable incomes increase, consumers purchase more appliances, fueling market growth.

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Appliance Adhesive Market Segmentation

Grand View Research has segmented the global Appliance Adhesive market on the basis of component, type, spectrum, network architecture, vertical, and region

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
  • Rubber
  • Acrylic
  • Silicone
  • Epoxy
  • Others
• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
  • Washing Machine
  • Cooktops
  • Cooking Ranges
  • Dishwashers
  • Refrigerators
  • Air Conditioners
  • Microwaves & Ovens
  • Vacuum Cleaners
• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

Order a free sample PDF of the Appliance Adhesive Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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