Adhesive sales in the US experienced fluctuations between 2013 and 2023, including growth spurts and a significant decline in 2020. In 2023, the adhesive sales stood at $14.877 billion. The year-on-year variation from 2021 to 2022 was 7.21%, while from 2022 to 2023 it was 1.78%. The compound annual growth rate (CAGR) over the last five years (2018-2023) indicates an average yearly growth of 1.93%. Forecast data suggest steady growth, projecting a CAGR of 1.39% from 2024 to 2028, with an overall growth rate of 7.16% over these five years.

Future trends to watch for:

Technological advancements leading to innovative adhesive solutions.
Increasing demand from sectors such as automotive, construction, and packaging.
Environmental and regulatory changes pushing for sustainable and eco-friendly adhesives.
Potential supply chain disruptions impacting raw material availability and cost.