Automotive Adhesive Market witnessed for USD 6209 million in 2019, growing at a robust CAGR of 6.1% during forecast period.

Adhesives are the bonding agents which are used to bind plastics, metals, composites and other materials. Adhesives are used in automotive industry by the automakers to make vehicles lighter and tougher and are also used for joining the cabins, window glass and interior design of a vehicle including seat covers, electronic systems and others.

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The rising demand for the low weight materials in the automotive and other industries is propelling the market growth over the forecast period. Its increased versatility, high mechanical stability, increased strength and increased speed of production along with reduced cost and time in comparison to the traditional products is driving the growth of global automotive adhesives market. In addition, their ability of increasing fuel efficiency, reducing the harmful vehicular emissions and weight of vehicles along with providing chemical & temperature resistance and low shrinkage are some factors propelling the growth of global automotive adhesives market. Rising technological advancements and expansion in the automotive industry is leading to increase in demand for the automotive adhesives in the market. The factors responsible for restraining the growth of global automotive adhesives market include the increase in the prices of raw materials required for the production.

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Based on region, Asia-Pacific is expected to dominate the market and grow at a highest compound annual growth rate during the forecast period owing to the achieved economic saturation level in regions like North America and Europe. The expansion of the industrial sector and the increasing opportunities in the developing countries is further leading to the demand for the global automotive adhesives market in this region.

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Various notable players operating in the market, include, Henkel & Co. KGaA, Sika AG, 3M Company, Dupont, H.B. Fuller Company, Huntsman International LLC, Ashland, PPG Industries, Illinois Tool Works Corporation, L&L Products, Lord Corporation, Jowat SE, Dymax Corporation, among others..

The global Automotive Adhesivesmarket has been segmented on the basis of Resin,Technology, Application, Vehicle Typeand key regions.Based on technology, the market is segmented into Reactive, Water-Based, Hot-Melt, Solvent-Based and Others. Based on resin, the market is segmented into Polyurethane Adhesives, Epoxy Adhesives, Acrylics Adhesives, Silicone Adhesives, SMP Adhesives, MMA Adhesives and Others. Based on application, the market is segmented into Body in White, Powertrain, Paint Shop and Assembly. Based on vehicle type, the market is segmented into Passenger Cars, LCV, Truck, Bus and Aftermarket.

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Key questions answered in this research report:

• • At what pace is global Automotive Adhesivesmarket growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Automotive Adhesivesmarket? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Automotive Adhesivesmarket?
  • Which Resin generated maximum revenues in 2019 and identify the most promising Resinduring the forecast period?
  • What are the various Technologies of global Automotive Adhesivesmarket and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues [2019]	USD 6209 million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Resin, By Technology, By Application, By Vehicle Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Henkel & Co. KGaA, Sika AG, 3M Company, Dupont, H.B. Fuller Company, Huntsman International LLC, Ashland, PPG Industries, Illinois Tool Works Corporation, L&L Products, Lord Corporation, Jowat SE, Dymax Corporation, among others; a total of 13 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Automotive Adhesives Market by Resin

• • Polyurethane
  • Epoxy
  • Acrylics
  • Silicone
  • SMP
  • MMA
  • Others

Global Automotive Adhesives Market by Technology

• • Reactive
  • Water-Based
  • Hot-Melt
  • Solvent-Based
  • Others

Global Automotive Adhesives Market by Application

• • Body in white
    • Antiflutter
    • HEM Flange Bonding
    • Seam Sealing/Spot Sealant
    • Structural Bonding
  • Paint shop
    • Underbody Sealing
    • Seam Sealing
    • Underbody Coating
    • Sound Deadening
  • Assembly
    • Direct Glazing
    • Trim Parts
    • Sunroof
    • Headliner
    • Upholstery
  • Powertrain
    • Liquid Gasket

Global Automotive Adhesives Market by Vehicle Type

• • Passenger car
  • LCV
  • Truck
  • Bus
  • Aftermarket

Global Automotive Adhesives Market by Region

• • North America Automotive Adhesives Market (Option 1: As a part of the free 25% customization)
    • North America Automotive Adhesives Market by Resin
    • North America Automotive Adhesives Market by Technology
    • North America Automotive Adhesives Market by Application
    • North America Automotive Adhesives Market by Vehicle Type
    • US Automotive Adhesives Market All-Up
    • Canada Automotive Adhesives Market All-Up
  • Europe Automotive Adhesives Market (Option 2: As a part of the free 25% customization)
    • Europe Automotive Adhesives Market by Resin
    • Europe Automotive Adhesives Market by Technology
    • Europe Automotive Adhesives Market by Application
    • Europe Automotive Adhesives Market by Vehicle Type
    • UK Automotive Adhesives Market All-Up
    • Germany All-Up Automotive Adhesives Market All-Up
    • France Automotive Adhesives Market All-Up
    • Spain Automotive Adhesives Market All-Up
    • Rest of Europe Automotive Adhesives Market All-Up
  • Asia-Pacific Automotive Adhesives Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Automotive Adhesives Market by Resin
    • Asia-Pacific Automotive Adhesives Market by Technology
    • Asia-Pacific Automotive Adhesives Market by Application
    • Asia-Pacific Automotive Adhesives Market by Vehicle Type
    • China Automotive Adhesives Market All-Up
    • India Automotive Adhesives Market All-Up
    • Japan Automotive Adhesives Market All-Up
    • Rest of APAC Automotive Adhesives Market All-Up
  • RoW Automotive Adhesives Market (Option 4: As a part of the free 25% customization)
    • RoW Automotive Adhesives Market by Resin
    • RoW Automotive Adhesives Market by Technology
    • RoW Automotive Adhesives Market by Application
    • RoW Automotive Adhesives Market by Vehicle Type
    • Brazil Automotive Adhesives Market All-Up
    • South Africa Automotive Adhesives Market All-Up
    • Saudi Arabia Automotive Adhesives Market All-Up
    • UAE Automotive Adhesives Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Automotive Adhesives Market All-Up

Major Players Operating the Automotive Adhesives (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Henkel & Co. KGaA
  • Sika AG
  • 3M Company
  • Dupont
  • B. Fuller Company
  • Huntsman International LLC
  • Ashland
  • PPG Industries
  • Illinois Tool Works Corporation
  • L&L Products
  • Lord Corporation
  • Jowat SE
  • Dymax Corporation