Elastic Adhesives Market To Reach $31,020.3 Million By 2033

Elastic Adhesives Market Growth & Trends

The global elastic adhesives market size is anticipated to reach USD 31,020.3 million by 2033, growing at a CAGR of 6.3% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market growth is driven by the rising demand in construction, automotive, and industrial sectors due to their superior flexibility, bonding strength, and durability. Growth in infrastructure development, lightweight vehicle manufacturing, and sustainable building materials further fuels adoption of high-performance elastic adhesives globally.

The increasing focus on sustainability and low-VOC formulations. Manufacturers and end-users are adopting eco-friendly, water-based, and solvent-free adhesives to meet stringent environmental regulations and consumer demand for greener building and industrial solutions.

Silicone segment is anticipated to grow the fastest at a CAGR of 8.2% from 2025 to 2033. The market valued for their exceptional thermal stability, weather resistance, and elasticity, making them suitable for demanding applications. They maintain performance across a wide temperature range and provide excellent UV and moisture resistance, supporting long-term durability.

Automotive & Transportation segment is anticipated to grow the fastest with a CAGR of 8.3% from 2025 to 2033. This segment is one of the fastest-growing for elastic adhesives, driven by the shift toward lightweight, electric, and high-performance vehicles. Elastic adhesives are used for bonding, sealing, and vibration damping in car bodies, interiors, and glass installations.

Asia Pacific accounted for the largest revenue share of 45.7% in 2024, primarily fueled by rapid industrialization, urban infrastructure projects, and booming automotive and electronics production. Moreover, increasing automobile industry in the region is also expected to positively impact the market.

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Elastic Adhesives Market Report Highlights:

Based on resin, polyurethane segment accounted for the largest revenue share of 39.0% in 2024. PU-based elastic adhesives are widely used due to their excellent bonding strength, flexibility, and resistance to moisture and chemicals, making them ideal for construction, industrial, and automotive applications.

Based on end use, the building & construction segment accounted for the largest revenue share of 39.0% in 2024. This segment is the largest in the elastic adhesives market, driven by applications in structural glazing, flooring, roofing, and façade sealing, where adhesives must accommodate thermal expansion and structural movement.

Asia Pacific is expected to grow at the fastest CAGR of 7.4% from 2025 to 2033. This is the largest and fastest-growing market for elastic adhesives, supported by rapid urbanization, infrastructure development, and expanding automotive and industrial sectors, with China, India, and Southeast Asia are leading adoption.

In April 2024,MAPEI S.p.A. announced the launch of Mapeflex MS 55, a hybrid elastic adhesive and sealant with a high modulus of elasticity. This product is ideal for both professional and domestic applications, combining the benefits of silicone and polyurethane systems. Key features include easy application and smoothing, compatibility with damp surfaces, and long-lasting durability.

Elastic Adhesives Market Segmentation

Grand View Research has segmented the global elastic adhesives market based on resin, end use, and region:

Elastic Adhesives Resin Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• Polyurethane

• Silicone

• SMP

• Other Resins

Elastic Adhesives End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• Building & Construction

• Industrial

• Automotive & Transportation

• Other End Use

Elastic Adhesives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa 

List of Key Players in the Elastic Adhesives Market

• BASF SE

• Henkel AG & Co. KGaA

• H.B. Fuller Company

• 3M

• Dow

• DuPont, Inc.

• Sika AG

• Arkema

• The Sherwin-Williams Company

• Huntsman International LLC

• PPG Industries

• Sika AG

• Wacker Chemie AG