The silicone adhesives market is projected to grow from USD 3.40 billion in 2025 to USD 4.09 billion by 2025, at a CAGR of 3.8% during the forecast period. The rising electric vehicle adoption and the growing emphasis on sustainable buildings are expected to drive the market. An increase in healthcare spending is also considered a significant market driver.
The silicone adhesives market is dominated by major players, such as Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Wacker Chemie AG (Germany), 3M (US), and KCC Silicone Corporation (South Korea). To increase their market share in the global silicone adhesives market, these companies have implemented growth strategies, including expansions, partnerships, product launches, and acquisitions. Major players used expansion as their most prevalent tactic, which allowed them to increase their clientele and their worldwide footprint.
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In May 2025, Henkel AG & Co. KGaA opened a new Adhesive Technologies Application Engineering Center in Shanghai. The center, focused on future-oriented adhesives technologies across key industries, aims to accelerate the transformation of innovations into industrial applications through localized testing and process scale-up. This facility is expected to enhance Henkel’s capabilities in serving the Chinese and broader Asia Pacific markets. The opening of the Shanghai Adhesive Technologies Application Engineering Center underscores Henkel’s commitment to innovation-driven growth. Moving forward, the company will continue to expand its presence in China, strengthen its technology platforms, and accelerate the industrial application of innovations to support long-term development in China and the surrounding region.
Henkel AG & Co. KGaA (Germany)
Henkel AG & Co. KGaA produces, sells, and distributes home and beauty care products and provides advanced adhesive technology solutions. Since 2023, the company has been structured into two main business units: Adhesive Technologies and Consumer Brands. Serving as the operational company and the parent of the Henkel Group, Henkel’s Adhesive Technologies unit offers a comprehensive portfolio of high-performance adhesives, sealants, and coatings. Within its three business segments: Mobility & Electronics, Packaging & Consumer Goods, and Craftsmen, Construction & Professional, it develops customer-focused solutions for a wide array of industrial applications, as well as for consumers and professional craftsmen. It can develop tailored solutions through close collaboration with customers, supported by advanced R&D capabilities. It also integrates artificial intelligence into its operations, from automating laboratory processes to predicting properties of new formulas, which accelerates product development while enhancing performance. This breadth, depth, and innovation capacity enable Henkel to strengthen its globally leading market position.
KCC SILICONE CORPORATION (South Korea)
KCC SILICONE CORPORATION is a leading South Korean silicone company and an indirect wholly-owned subsidiary of KCC Corporation, which was founded in 1958 as a building materials company and later expanded into coatings and advanced materials. In 2020, the company acquired the US-based silicone manufacturer Momentive Performance Materials, broadening its global production, sales, and R&D network across twelve countries, including the US, Germany, India, and Japan. It is the only South Korean company producing the full silicone value chain, from raw materials to secondary products.
MARKET RANKING
Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Wacker Chemie AG (Germany), 3M (US), and KCC SILICONE CORPORATION (South Korea) are the leading players in the silicone adhesives market. Henkel AG & Co. KGaA focuses on maintaining its leadership in adhesive technologies while driving innovation, digitalization, and geographic expansion. H.B. Fuller focuses on expanding its market reach through targeted acquisitions. Wacker Chemie AG focuses on strengthening its specialty silicones business to capture growth from global megatrends, including electromobility, renewable energy, and healthcare. 3M focuses on innovation, specialization, and market leadership. KCC Silicone Corporation is focused on strengthening domestic supply security, expanding localized production of silicone raw materials, and reducing dependency on imports.
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Silicone Adhesives Market by Type (One-Component, Two-Component), Technology (Non-PSA, PSA), End-use Industry (Building & Construction, Electrical & Electronics, Transportation, Medical, Other End-use Industries), and Region - Global Forecast to 2030
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