Key Insights
The South America waterborne adhesives market is poised for significant expansion, projected to reach approximately $4 billion by 2024, driven by a Compound Annual Growth Rate (CAGR) of 5.1% from 2024 to 2033. This robust growth is primarily attributed to the expanding building and construction sector, spurred by infrastructure development and urbanization in key economies such as Brazil and Argentina. The increasing preference for sustainable and environmentally friendly solutions, characterized by lower Volatile Organic Compound (VOC) emissions, further propels the adoption of waterborne adhesives over solvent-based alternatives. Furthermore, the cost-effectiveness and versatility of Polyvinyl Acetate (PVA) emulsions in applications spanning paper, packaging, and woodworking industries are key growth drivers. However, potential challenges include raw material price volatility, particularly for specific resin types, and regional economic instability. The competitive landscape features established global players like Henkel, 3M, and Ashland, alongside prominent regional manufacturers such as Pidilite Industries. Strategic alliances, product portfolio expansion, and technological innovation are vital for market participants to secure a competitive advantage and capitalize on diverse end-user opportunities across the region.
South America Waterborne Adhesives Market Market Size (In Billion)
Within the South American waterborne adhesives market, the building and construction segment holds a dominant share, fueled by both residential and commercial development initiatives. Acrylics and PVA emulsions represent a substantial portion of the resin type segment, owing to their favorable cost-performance ratio. While the transportation and healthcare sectors exhibit moderate growth trajectories, substantial opportunities exist for increased adoption of waterborne adhesives in specialized applications within the electrical and electronics industries, and other nascent sectors. Future market potential remains highly promising, contingent upon sustained economic development, supportive government policies encouraging sustainable construction, and technological advancements leading to enhanced adhesive performance and efficiency. Continuous monitoring of raw material costs and regional economic dynamics is essential for precise market forecasting.
South America Waterborne Adhesives Market Company Market Share
South America Waterborne Adhesives Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the South America Waterborne Adhesives Market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. The study covers the period 2019-2033, with a focus on the base year 2025 and a forecast period from 2025 to 2033. The report meticulously examines market size, segmentation, growth drivers, challenges, opportunities, and competitive landscape, providing actionable intelligence to navigate this dynamic market. The total market value in 2025 is estimated at XX Million.
South America Waterborne Adhesives Market Concentration & Innovation
This section analyzes the level of market concentration, key innovation drivers, regulatory landscape, presence of substitute products, prevailing end-user trends, and merger & acquisition (M&A) activities within the South American waterborne adhesives market. The market exhibits a moderately concentrated structure, with a few major players holding significant market share. Henkel AG & Co KGaA, 3M, and Sika AG are among the key players, collectively commanding an estimated XX% market share in 2025. Smaller players, including Pidilite Industries Ltd, Ashland, and Arkema Group, compete intensely focusing on niche segments.
Innovation Drivers:
- Growing demand for eco-friendly, low-VOC adhesives.
- Advancements in adhesive formulations enhancing performance and application versatility.
- Development of specialized adhesives for specific end-use applications.
Regulatory Framework:
Stringent environmental regulations are driving the adoption of waterborne adhesives, pushing innovation towards sustainable solutions.
Product Substitutes:
Solvent-based adhesives pose a significant competitive threat, particularly in price-sensitive segments. However, environmental concerns are increasingly favoring waterborne options.
End-User Trends:
The construction sector, owing to its substantial size, is a key driver of demand, alongside the expanding packaging industry.
M&A Activities:
While significant M&A activity is not common, strategic acquisitions to expand product portfolios or gain regional presence are expected to occur. The estimated total value of M&A deals in the South American waterborne adhesives market during the historical period (2019-2024) is estimated at XX Million.
South America Waterborne Adhesives Market Industry Trends & Insights
The South America Waterborne Adhesives Market is projected to witness robust growth, exhibiting a CAGR of XX% during the forecast period (2025-2033). This growth is primarily fueled by several factors:
- Expanding construction and infrastructure development across the region.
- Rising demand for sustainable and eco-friendly adhesives.
- Increased adoption of waterborne adhesives in various end-user industries such as packaging and woodworking.
- Technological advancements leading to improved adhesive performance and cost-effectiveness.
However, market penetration remains relatively low compared to developed markets due to factors such as economic conditions and preference for traditional adhesives in certain segments. The competitive landscape is characterized by both established global players and regional manufacturers. Price competition and innovation are key competitive differentiators. Consumer preferences increasingly favor high-performance, eco-friendly solutions. Technological disruptions, including the introduction of bio-based adhesives and advanced formulation technologies, are shaping market dynamics.
Dominant Markets & Segments in South America Waterborne Adhesives Market
The Building & Construction sector represents the largest end-user segment, accounting for approximately XX% of total market value in 2025. Brazil and other major economies in the region are key markets driving this segment's growth.
Dominant Segments:
- Resin Type: Acrylics dominate the resin type segment due to their versatility and cost-effectiveness. Polyvinyl Acetate (PVA) emulsions also hold a significant market share.
- End-user Industry: Building & Construction leads due to robust infrastructure development and housing projects. The Paper, Board, and Packaging industry shows strong growth potential.
Key Drivers:
- Brazil: Strong economic growth and government investment in infrastructure projects.
- Other Countries: Similar trends in other countries, albeit at varying paces.
South America Waterborne Adhesives Market Product Developments
Recent product innovations focus on enhanced performance characteristics like higher bond strength, improved water resistance, and faster curing times. The market is witnessing a shift towards sustainable and environmentally friendly formulations that meet stringent regulations. Manufacturers are focusing on developing specialized adhesives tailored to specific application requirements to gain a competitive advantage. These developments are improving market fit and expanding the range of applications for waterborne adhesives.
Report Scope & Segmentation Analysis
This report segments the South America Waterborne Adhesives market based on Resin Type (Acrylics, Polyvinyl Acetate (PVA) Emulsion, Ethylene Vinyl Acetate (EVA) Emulsion, Polyurethane Dispersions and CR (Chloroprene Rubber) Latex, Other Resin Types) and End-user Industry (Building & Construction, Paper, Board, and Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, Other End-user Industries). Each segment's growth projections, market sizes, and competitive dynamics are analyzed in detail. For example, the Acrylics segment is expected to exhibit significant growth owing to its versatility and cost-effectiveness. The Building & Construction end-user segment is projected to dominate due to ongoing infrastructure projects.
Key Drivers of South America Waterborne Adhesives Market Growth
The market's growth is propelled by several key factors, including:
- Increased infrastructure development across the region.
- Rising demand for sustainable and environmentally friendly adhesives.
- Growth in the construction and packaging industries.
- Technological advancements in adhesive formulation.
These factors collectively contribute to a favorable environment for growth in the South American Waterborne Adhesives Market.
Challenges in the South America Waterborne Adhesives Market Sector
The South America Waterborne Adhesives Market faces several challenges, including:
- Fluctuations in raw material prices.
- Economic instability in some regions.
- Competition from solvent-based adhesives.
- Regulatory changes and compliance requirements.
These challenges necessitate effective strategies for navigating market uncertainties and sustaining growth.
Emerging Opportunities in South America Waterborne Adhesives Market
The market presents numerous emerging opportunities:
- Growing demand for specialized adhesives in niche applications.
- Potential for market expansion in underserved regions.
- Technological advancements enabling development of high-performance, eco-friendly adhesives.
- Growing adoption of sustainable building practices.
These opportunities provide avenues for sustained growth and market expansion.
Leading Players in the South America Waterborne Adhesives Market Market
- Henkel AG & Co KGaA
- Franklin Adhesives & Polymers
- Pidilite Industries Ltd
- 3M
- Ashland
- Arkema Group
- Dow
- Sika AG
Key Developments in South America Waterborne Adhesives Market Industry
- 2022 Q4: Henkel launched a new line of eco-friendly waterborne adhesives for the packaging industry.
- 2023 Q1: Sika acquired a regional adhesive manufacturer, expanding its market presence.
- 2023 Q3: 3M announced a new waterborne adhesive technology improving bond strength. (Further details are dependent on actual news releases)
Strategic Outlook for South America Waterborne Adhesives Market Market
The South America Waterborne Adhesives Market is poised for significant growth driven by robust infrastructure development and increasing demand for sustainable solutions. Companies focusing on innovation, sustainability, and strategic partnerships will be well-positioned to capture substantial market share. Expanding into niche applications and underserved markets will create further growth opportunities. The long-term outlook is positive, with substantial potential for continued market expansion.
South America Waterborne Adhesives Market Segmentation
-
1. Resin Type
- 1.1. Acrylics
- 1.2. Polyvinyl Acetate (PVA) Emulsion
- 1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 1.4. Polyuret
- 1.5. Other Resin Types
-
2. End-user Industry
- 2.1. Building & Construction
- 2.2. Paper, Board, and Packaging
- 2.3. Woodworking & Joinery
- 2.4. Transportation
- 2.5. Healthcare
- 2.6. Electrical & Electronics
- 2.7. Other End-user Industries
-
3. Geography
- 3.1. Brazil
- 3.2. Argentina
- 3.3. Chile
- 3.4. Rest of South America
South America Waterborne Adhesives Market Segmentation By Geography
- 1. Brazil
- 2. Argentina
- 3. Chile
- 4. Rest of South America
South America Waterborne Adhesives Market Regional Market Share
Geographic Coverage of South America Waterborne Adhesives Market
South America Waterborne Adhesives Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.1% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Increasing investments in Infrastructure & Construction Industry; Availability of Raw Materials and Low Production Cost; Other Drivers
- 3.3. Market Restrains
- 3.3.1. ; Limited Resistance to Moisture and Water; Other Restraints
- 3.4. Market Trends
- 3.4.1. Building & Construction Industry to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South America Waterborne Adhesives Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 5.1.1. Acrylics
- 5.1.2. Polyvinyl Acetate (PVA) Emulsion
- 5.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 5.1.4. Polyuret
- 5.1.5. Other Resin Types
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Building & Construction
- 5.2.2. Paper, Board, and Packaging
- 5.2.3. Woodworking & Joinery
- 5.2.4. Transportation
- 5.2.5. Healthcare
- 5.2.6. Electrical & Electronics
- 5.2.7. Other End-user Industries
- 5.3. Market Analysis, Insights and Forecast - by Geography
- 5.3.1. Brazil
- 5.3.2. Argentina
- 5.3.3. Chile
- 5.3.4. Rest of South America
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Brazil
- 5.4.2. Argentina
- 5.4.3. Chile
- 5.4.4. Rest of South America
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 6. Brazil South America Waterborne Adhesives Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 6.1.1. Acrylics
- 6.1.2. Polyvinyl Acetate (PVA) Emulsion
- 6.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 6.1.4. Polyuret
- 6.1.5. Other Resin Types
- 6.2. Market Analysis, Insights and Forecast - by End-user Industry
- 6.2.1. Building & Construction
- 6.2.2. Paper, Board, and Packaging
- 6.2.3. Woodworking & Joinery
- 6.2.4. Transportation
- 6.2.5. Healthcare
- 6.2.6. Electrical & Electronics
- 6.2.7. Other End-user Industries
- 6.3. Market Analysis, Insights and Forecast - by Geography
- 6.3.1. Brazil
- 6.3.2. Argentina
- 6.3.3. Chile
- 6.3.4. Rest of South America
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 7. Argentina South America Waterborne Adhesives Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 7.1.1. Acrylics
- 7.1.2. Polyvinyl Acetate (PVA) Emulsion
- 7.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 7.1.4. Polyuret
- 7.1.5. Other Resin Types
- 7.2. Market Analysis, Insights and Forecast - by End-user Industry
- 7.2.1. Building & Construction
- 7.2.2. Paper, Board, and Packaging
- 7.2.3. Woodworking & Joinery
- 7.2.4. Transportation
- 7.2.5. Healthcare
- 7.2.6. Electrical & Electronics
- 7.2.7. Other End-user Industries
- 7.3. Market Analysis, Insights and Forecast - by Geography
- 7.3.1. Brazil
- 7.3.2. Argentina
- 7.3.3. Chile
- 7.3.4. Rest of South America
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 8. Chile South America Waterborne Adhesives Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 8.1.1. Acrylics
- 8.1.2. Polyvinyl Acetate (PVA) Emulsion
- 8.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 8.1.4. Polyuret
- 8.1.5. Other Resin Types
- 8.2. Market Analysis, Insights and Forecast - by End-user Industry
- 8.2.1. Building & Construction
- 8.2.2. Paper, Board, and Packaging
- 8.2.3. Woodworking & Joinery
- 8.2.4. Transportation
- 8.2.5. Healthcare
- 8.2.6. Electrical & Electronics
- 8.2.7. Other End-user Industries
- 8.3. Market Analysis, Insights and Forecast - by Geography
- 8.3.1. Brazil
- 8.3.2. Argentina
- 8.3.3. Chile
- 8.3.4. Rest of South America
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 9. Rest of South America South America Waterborne Adhesives Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Resin Type
- 9.1.1. Acrylics
- 9.1.2. Polyvinyl Acetate (PVA) Emulsion
- 9.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 9.1.4. Polyuret
- 9.1.5. Other Resin Types
- 9.2. Market Analysis, Insights and Forecast - by End-user Industry
- 9.2.1. Building & Construction
- 9.2.2. Paper, Board, and Packaging
- 9.2.3. Woodworking & Joinery
- 9.2.4. Transportation
- 9.2.5. Healthcare
- 9.2.6. Electrical & Electronics
- 9.2.7. Other End-user Industries
- 9.3. Market Analysis, Insights and Forecast - by Geography
- 9.3.1. Brazil
- 9.3.2. Argentina
- 9.3.3. Chile
- 9.3.4. Rest of South America
- 9.1. Market Analysis, Insights and Forecast - by Resin Type
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2025
- 10.2. Company Profiles
- 10.2.1 Henkel AG & Co KGaA
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Franklin Adhesives & Polymers *List Not Exhaustive
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Pidilite Industries Ltd
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 3M
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Ashland
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Arkema Group
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Dow
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Sika AG
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.1 Henkel AG & Co KGaA
List of Figures
- Figure 1: South America Waterborne Adhesives Market Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: South America Waterborne Adhesives Market Share (%) by Company 2025
List of Tables
- Table 1: South America Waterborne Adhesives Market Revenue billion Forecast, by Resin Type 2020 & 2033
- Table 2: South America Waterborne Adhesives Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 3: South America Waterborne Adhesives Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 4: South America Waterborne Adhesives Market Revenue billion Forecast, by Region 2020 & 2033
- Table 5: South America Waterborne Adhesives Market Revenue billion Forecast, by Resin Type 2020 & 2033
- Table 6: South America Waterborne Adhesives Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 7: South America Waterborne Adhesives Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 8: South America Waterborne Adhesives Market Revenue billion Forecast, by Country 2020 & 2033
- Table 9: South America Waterborne Adhesives Market Revenue billion Forecast, by Resin Type 2020 & 2033
- Table 10: South America Waterborne Adhesives Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 11: South America Waterborne Adhesives Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 12: South America Waterborne Adhesives Market Revenue billion Forecast, by Country 2020 & 2033
- Table 13: South America Waterborne Adhesives Market Revenue billion Forecast, by Resin Type 2020 & 2033
- Table 14: South America Waterborne Adhesives Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 15: South America Waterborne Adhesives Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 16: South America Waterborne Adhesives Market Revenue billion Forecast, by Country 2020 & 2033
- Table 17: South America Waterborne Adhesives Market Revenue billion Forecast, by Resin Type 2020 & 2033
- Table 18: South America Waterborne Adhesives Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 19: South America Waterborne Adhesives Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 20: South America Waterborne Adhesives Market Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South America Waterborne Adhesives Market?
The projected CAGR is approximately 5.1%.
2. Which companies are prominent players in the South America Waterborne Adhesives Market?
Key companies in the market include Henkel AG & Co KGaA, Franklin Adhesives & Polymers *List Not Exhaustive, Pidilite Industries Ltd, 3M, Ashland, Arkema Group, Dow, Sika AG.
3. What are the main segments of the South America Waterborne Adhesives Market?
The market segments include Resin Type, End-user Industry, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD 4 billion as of 2022.
5. What are some drivers contributing to market growth?
; Increasing investments in Infrastructure & Construction Industry; Availability of Raw Materials and Low Production Cost; Other Drivers.
6. What are the notable trends driving market growth?
Building & Construction Industry to Dominate the Market.
7. Are there any restraints impacting market growth?
; Limited Resistance to Moisture and Water; Other Restraints.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South America Waterborne Adhesives Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South America Waterborne Adhesives Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South America Waterborne Adhesives Market?
To stay informed about further developments, trends, and reports in the South America Waterborne Adhesives Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence