Automotive Adhesives Market – Global Opportunities & Forecast, 2020-2027

 

This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.

Competitive Landscape:

The leading organizations covered in the Automotive Adhesives Market are:

·         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

Drivers of the Automotive Adhesives Market:

The automotive adhesives market is witnessing strong demand during the forecast period. This is mainly due to the present slowdown in the demand in the automotive industry and the increasing use of automotive adhesives. The primary factor driving the growth of the automotive adhesives market include the growing demand for the low weight materials in the automotive and other industries. Its improved versatility, increased strength, high mechanical stability, and increased speed of production, coupled with decreased cost and time as compared to the traditional products, is surging the growth of the global automotive adhesives market in the upcoming years. Government initiatives to fuel the production of lightweight vehicles is a major factor accelerating the market growth. Moreover, their ability to grow fuel efficiency, decreasing the harmful vehicular emissions and weight of vehicles, followed by offering chemical & temperature resistance and low shrinkage are factors boosting the growth of the global automotive adhesives market. Increasing technological advancements and expansion in the automotive industry is leading to an upsurge in demand for automotive adhesives in the market. On the other hand, the growth in the prices of raw materials needed for production will hinder the growth of the global automotive adhesives market.

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Key Benefits offered by the Automotive Adhesives Market report:

·         This study represents the analytical depiction of the Automotive Adhesives Market along with the ongoing trends and future estimations to determine the imminent investment pockets.

·         The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Automotive Adhesives Market share.

Segmentation of the Automotive Adhesives Market:

The Automotive Adhesives Market has been categorized into the following segments:

Breakup by Resin:

·         Polyurethane

·         Epoxy

·         Acrylics

·         Silicone

·         SMP

·         MMA

·         Others

 

Breakup by Technology:

·         Reactive

·         Water-Based

·         Hot-Melt

·         Solvent-Based

·         Others

Breakup by Application:

·         Body in white

o    Antiflutter

o    HEM Flange Bonding

o    Seam Sealing/Spot Sealant

o    Structural Bonding

·         Paint shop

o    Underbody Sealing

o    Seam Sealing

o    Underbody Coating

o    Sound Deadening

·         Assembly

o    Direct Glazing

o    Trim Parts

o    Sunroof

o    Headliner

o    Upholstery

·         Powertrain

o    Liquid Gasket

Breakup by Vehicle Type:

·         Passenger car

·         LCV

·         Truck

·         Bus

·         Aftermarket

Breakup by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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