Global Bookbinding Adhesives Market Size Insights Forecasts to 2032

• The Bookbinding Adhesives Market Size was valued at USD 19.1 Billion in 2022.
• The Market Size is Growing at a CAGR of 3.3% from 2022 to 2032
• The Worldwide Bookbinding Adhesives Market Size is expected to reach USD 24.5 Billion by 2032
• North America is expected to Grow the fastest during the forecast period

The global Bookbinding Adhesives Market Size is expected to reach USD 24.5 Billion by 2032, at a CAGR of 3.3% during the forecast period 2022 to 2032.

In order to bind books, magazines, and other printed materials, bookbinding adhesives are a necessary component. These adhesives are essential for maintaining the lifespan and sturdiness of the bound documents. Available bookbinding adhesives come in a variety of forms, each with unique properties and uses. Worldwide customers are served by numerous global adhesive manufacturers. As a result of this globalisation, ideas and technologies may be shared, which helps the market expand. The market's reach has been extended by the availability of bookbinding adhesives through online shopping channels, making it simpler for smaller companies and individuals to get access to a variety of adhesive materials. In the bookbinding industry, preservation and archival adhesives are still crucial, especially for institutions like libraries, museums, and archives. To guarantee the long-term preservation of books and documents, these adhesives must adhere to rigid requirements.

Impact of COVID 19 On Global Bookbinding Adhesives Market

Global supply chains were interrupted by lockdowns, travel restrictions, and plant closures, which caused delays in the manufacturing and delivery of bookbinding adhesives. For makers of adhesives and bookbinders, this led to shortages of supplies and longer lead times. Due to the epidemic, many businesses and educational institutions migrated to remote operations, which reduced the demand for printed documents. This decreased the demand for bookbinding adhesives, especially in industries like corporate publishing, commercial printing, and educational publishing. Due to the epidemic, book releases had to be delayed or rescheduled, which caused problems for the publishing sector. As a result, manufacturers saw changes in order volumes, which had an impact on the demand for bookbinding adhesives.

Key Market Drivers

The market for bookbinding adhesives is directly impacted by the health and expansion of the publishing sector. The demand for adhesives can be impacted by shifts in reading patterns, the demand for printed goods, and publishing trends. By providing greater performance and durability, advancements in adhesive technology, such as the creation of stronger, more flexible, and environmentally friendly adhesives, can spur market Growth. Specialised archival adhesives that adhere to exacting preservation criteria are required for the preservation of books and documents in libraries, museums, and archives. The increased focus on historical preservation may lead to Growth in this niche market area. The market's reach has increased thanks to the availability of bookbinding adhesives through e-commerce platforms and online marketplaces, making it simpler for small enterprises and individuals to get their hands on a variety of adhesive goods.

Key Market Challenges

The demand for printed items, including books, has been impacted by the switch from printed to digital media. Manufacturers of adhesives and bookbinders must adjust to shifting consumer demands as well as the rising popularity of e-books and internet content. The manufacturing costs and profit margins for adhesive makers can be impacted by fluctuations in the price of raw materials such the polymers and chemicals used in adhesive formulations. The bookbinding adhesives market is cutthroat, with multiple producers providing comparable goods. It can be difficult to compete on price, quality, and innovation. While technical developments might spur market expansion, they can also provide difficulties because producers must spend money on R&D to stay competitive and satisfy changing consumer demands.

Market Segmentation

Type Insights

Hot melt segment to hold the highest market share over the forecast period

On the basis of type, the global bookbinding adhesives market is segmented into Emulsion-based and Hot Melt. Among these, the hot melt segment is going to hold the highest market share over the forecast period. Hot melt adhesives are a popular option for high-speed bookbinding procedures in commercial printing and publishing because they quickly bond. For fulfilling strict production deadlines, the ability to quickly manufacture bound materials is a key advantage. Hot melt adhesives form a solid connection that guarantees the lifespan and tensile strength of bonded materials. This is especially crucial for books that will be handled and read a lot. When automation and robotics are combined with hot melt technology in bookbinding procedures, productivity and accuracy may be increased, which will help this market sector flourish. Hot melt technology is probably going to keep advancing into new industries as the printing and publishing business develops, such as digital printing and on-demand book production.

Chemistry Type Insights

Vinyl acetate-ethylene segment is dominating the market over the forecast period

Based on the chemistry type, the global bookbinding adhesives market is segmented into Polyvinyl Acetate, Vinyl Acetate Ethylene, Polyurethane, Others. Among these, the vinyl acetate-ethylene segment is dominating the market over the forecast period. Paper, cardboard, and fabric are just a few of the substrates that VAE-based adhesives adhere well to. In order to maintain the longevity of the binding, this adhesive strength is essential in bookbinding. VAE adhesives often exhibit good wet tack, which aids in early adhesion, and are typically simple to apply in bookbinding operations, whether by human or automated means. VAE adhesives can be created by manufacturers to fulfil a variety of specifications, including various levels of flexibility, adhesion strength, and curing timeframes. Different bookbinding requirements can be met by this customizable flexibility. Perfect binding, case binding, and spine reinforcement are just a few of the bookbinding techniques that can be employed using VAE-based adhesives due to their adaptability.

Application Insights

Hardcover and softcover books segment is witnessing a huge market Growth over the forecast period

On the basis of application, the global bookbinding adhesives market is segmented into Hardcover and Softcover Books, Magazines and Catalogs, Print on Demand, Others. Among these, the hardcover and softcover books segment is witnessing a huge market Growth over the forecast period. Due to its upscale appearance, hardcover books are frequently chosen for high-end publishing, gift books, and special editions. To achieve these aesthetic requirements, adhesives that can protect hardcover bindings' structural integrity—including the cloth or paper covers—are necessary. Hardcover books typically cost more to create than softcover books, even paperback editions. The availability of inexpensive bookbinding adhesives that work well with softcover books may increase demand for them. Hardcover books can be preserved for a long time in places like libraries and archives. To ensure the preservation of priceless content, adhesives used in these applications must adhere to stringent archival quality requirements. Softcover books that are manufactured using environmentally friendly adhesives and sustainable materials are in greater demand.

Regional Insights

Asia Pacific region holds the highest market share over the forecast period

Asia Pacific is dominating the market with the highest market share over the forecast period. China, India, Japan, South Korea, and Australia are just a few of the major publishing markets in APAC, all of which are expanding significantly. The need for bookbinding adhesives in these nations is boosted by the Growth of the publishing sector. Although the digital revolution has had an influence on book sales globally, especially in the APAC area, print is still widely used, and many publishers still create physical books. Even with certain changes in consumer tastes, there is still a demand for bookbinding adhesives. Because of their extensive cultural and historical legacy, APAC nations have a need for archival-quality bookbinding adhesives to preserve their priceless and rare manuscripts.

North America, on the other hand is witnessing the fastest market Growth over the forecast period. The publishing industry is well-established in North America, with the United States and Canada being two of the key players. Publications in this sector range widely, from books and journals to instructional materials. The publishing sector has been impacted by the switch to digital media, which has changed consumer reading preferences and habits. However, print still plays a significant role in the North American industry, and bookbinding adhesives continue to be in demand. The market for bookbinding adhesives has been impacted by the use of contemporary bookbinding tools and adhesive technologies. The need for adhesives that work with quick binding techniques and digital printing has Grown.

Recent Market Developments

• In February 2022, the Arkema Group announced the acquisition of several important technologies as well as popular Ashland Performance Adhesives brands. 

List of Key Companies

• H.B. Fuller Company
• Henkel AG
• Dow Chemical Company
• Arkema Group
• Avery Dennison Corporation
• Beardow Adams
• Sika AG
• Jowat SE
• Exxon Mobil Corporation
• Sanyhot Adhesivos S.A.
• Embagrap SA
• Bostik
• Franklin International
• Lord Corporation
• Hubei Huitian Adhesive Enterprise Co. Ltd.
• Ashland

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Bookbinding Adhesives Market based on the below-mentioned segments:

Bookbinding Adhesives Market, Type Analysis

• Emulsion-based
• Hot Melt

Bookbinding Adhesives Market, Chemistry Type Analysis

• Polyvinyl Acetate
• Vinyl Acetate Ethylene
• Polyurethane
• Others

Bookbinding Adhesives Market, Application Analysis

• Hardcover and Softcover Books
• Magazines and Catalogs
• Print on Demand
• Others

Bookbinding Adhesives Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa