[Latest Trend] Automotive Adhesives Market Advancements Highlighted by Size Insights and Future Growth Outlook, 2032
Global Automotive Adhesives Market was valued at USD 4.26 billion in 2021 and is expected to reach USD 5.35 billion by the year 2028, at a CAGR of 4%.
Automotive
adhesives are adhesive materials that create applications in the structural
bonding of auto components. Automotive adhesives are considered to address
various requirements of automakers such as potting or casting, conformal
coating, thermal management, mechanical bonds, EMI or RFI shielding, electrical
connections, impregnation, and stress dissipation. These adhesives are commonly
used in engine control units, anti-lock brake systems (ABS), displays, climate
controls, vehicle stability control, navigation systems, transmission control
units, vision system, instrument panels, sensors, connectors, detectors,
security devices, and battery monitoring systems.
Automotive adhesives and sealants are used to
join and seal various parts of vehicles, such as body panels, interior trims,
and windshields. These adhesives and sealants provide high strength,
durability, and resistance to environmental factors. The global automotive
adhesives and sealants market is expected to grow significantly in the coming
years, driven by the increasing demand for lightweight and fuel-efficient
vehicles.
The
Major Players In The Automotive Adhesives Market Include:
3M Company,DuPont de
Nemours Inc.,Transtar Autobody Technologies Inc.,Bondo Corporation,Arkema
S.A.,Bostik S.A.,Ashland Global Holdings Inc.,BASF SE,Bemis Associates
Inc.,Covestro AG,EMS-Chemie Holding AG,Permatex Inc.,H.B. Fuller Company,Nitto
Denko Corporation,Henkel AG & Co. KGaA,Huntsman Corporation,Illinois Tool
Works Inc.,Lord Corporation,Nippon Paint Co. Ltd.,RPM International Inc.,Royal
Adhesives and Sealants LLC,The Dow Chemical Company,ThreeBond Co.
Ltd.,Wacker-Chemie AG and other major players.
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Market
has segmented the global Automotive Adhesives market on the basis of type,
application, and region:
The
Automotive Adhesives market is segmented by type and application. Growth
between segments over the period 2024-2032 provides accurate calculations and
forecasts of revenue by type and application in terms of volume and value. This
analysis can help you expand your business by targeting eligible niches.
By
Type:
·
Polyurethanes
·
Epoxy
·
Acrylics
·
Silicone
·
Others
By
Application:
·
Body in White
·
Power Train
·
Paint Shop
·
Assembly
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By
Regional Outlook
·
North America
(U.S., Canada, Mexico)
·
Eastern Europe
(Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern
Europe)
·
Western Europe
(Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western
Europe)
·
Asia-Pacific
(China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The
Philippines, Australia, New Zealand, Rest of APAC)
·
Middle East & Africa
(Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
·
South America
(Brazil, Argentina, Rest of SA)
Key Takeaways from this Report
·
Evaluate market potential by analyzing growth
rates (CAGR %), Volume (Units), and Value ($M) data given at the country level
– for product types, end-use applications, and by different industry verticals.
·
Understand the different dynamics influencing
the market – key driving factors, challenges, and hidden opportunities.
·
Get in-depth insights on your competitor’s
performance – market shares, strategies, financial benchmarking, product
benchmarking, SWOT, and more.
·
Analyze the sales and distribution channels
across key geographies to improve top-line revenues.
·
Understand the industry supply chain with a deep
dive on the value augmentation at each step, in order to optimize value and
bring efficiencies to your processes.
·
Get a quick outlook on the market entropy – M&As,
deals, partnerships, and product launches of all key players for the past 4
years.
·
Evaluate the supply-demand gaps, import-export
statistics, and regulatory landscape for more than the top 20 countries
globally for the market.
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