According to Stratview Research, the global cyanoacrylate adhesives market is expected to grow from USD 2.50 billion in 2024 to USD 2.87 billion by 2030, at a healthy CAGR of 2.33% during 2024-2030. This growth is driven by rising demand across a spectrum of sectors, including automotive, electronics, industrial automation, medical, and consumer goods. Key growth factors include increasing industrial automation, the miniaturization of electronic components, and broader uptake in medical applications such as surgical adhesives and wound closure.

Market Drivers

The market expansion is underpinned by demand for quick-setting, high-strength adhesives that support efficient assembly processes. Advancements in automation and miniaturization intensify the need for reliable bonding technologies suitable for intricate components. Additionally, the medical sector increasingly favors cyanoacrylate adhesives for their rapid curing and precision in wound closure and surgical applications.

Competitive Landscape

While Stratview Research’s free summary doesn’t list players, other sources identify major global players such as 3M, Henkel, Parker‑Hannifin, H.B. Fuller, Arkema, Pidilite Industries (e.g., Fevicol), Soudal, Permabond, Dymax, and Delo. These companies are actively engaged in product innovation and strategic acquisitions, such as H.B. Fuller's acquisition of ND Industries in 2024 to bolster presence in high-growth market segments.

Regional Insights

In broader industry analysis, North America is identified as the largest regional market, while Asia-Pacific is anticipated to be the fastest-growing region, driven by robust industrial expansion, rising manufacturing capacity, and increasing adoption of these adhesives across multiple end-use industries.

Trends & Opportunities

Recent market trends include the development of innovative formulations—such as water-resistant cyanoacrylates and UV-curable adhesives—for enhanced bonding across diverse substrates and applications. The medical sector continues to drive demand, especially for minimally invasive procedures requiring fast, effective wound closure products. Meanwhile, infrastructural development, renewable energy, and 3D printing adoption are projected to further expand demand for these adhesives

Conclusion

Growth is supported by technological advancements, broader industrial automation, and increasing medical and electronics applications. Leading industry players are innovating and strategically consolidating to capitalize on emerging opportunities—especially in dynamic regions such as Asia-Pacific.