Global Automotive Adhesives Market is expected to rise from its initial estimated value of USD 4.90 billion in 2018 to an estimated value of USD 9.07 billion by 2026, registering a CAGR of 8% in the forecast period of 2019-2026. This rise in market value can be attributed to the high demand for lightweight and low carbon emitting vehicles.
The Global Automotive Adhesives Market report contains all the company profiles of the major players and brands. This Automotive Adhesives Market report has studied key opportunities in the market and influencing factors which is useful to take your business to the new level. This report deals with the precise study of the Chemical and Materials industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. While preparing Automotive Adhesives Market report, markets on the local, regional and global level are explored. The strategies in Automotive Adhesives Market report include but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions.
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Key Market Competitors:
Few of the major competitors currently working in automotive adhesives market are
- 3M (US),
- Bostik (US),
- Ashland (US),
- BASF SE (Germany),
- Bemis Associates Inc(US),
- DuPont (US),
- Covestro AG (Germany),
- EMS-CHEMIE HOLDING AG (Europe),
- H.B. Fuller Company (US),
- Henkel AG & Co. KGaA (Germany),
- Huntsman International LLC. (US),
- Illinois Tool Works Inc. (US),
- Permatex (US),
- LORD Corporation (US),
- NITTO DENKO CORPORATION (Japan),
- Royal Adhesives & Sealants (USA),
- RPM International Inc. (US),
- Trademark of Dow US),
- ThreeBond Holdings Co. (US),
- Wacker Chemie AG (Germany),
- and others.
Key Developments in the Market:
- In September 2017, H.B. Fuller Company announced that, they Acquire Royal Adhesives and Sealants, this acquisition accelerates realization of our 2020 strategic objective to focus and grow in engineering adhesives and other highly specified market segments.
- In August 2017, Huntsman Corporation announced that they showcase high-performance products designed to address automotive challenges at the Society.
Global automotive adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive adhesives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Automotive Adhesives Market
Adhesives are the most versatile bonding agents available today and are used by automakers to make cars lighter and tougher. Adhesives are made from precise blends of synthetic rubber elastomers, resins and agents or additives used to enhance certain characteristics, depending on the end use. There is a growing demand for adhesives in passenger cars, buses, heavy trucks and LCV vehicles, which is expected to drive the market over the forecast period.
Table of Content: Global Automotive Adhesives Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Automotive Adhesives Market Landscape
Part 04: Global Automotive Adhesives Market Sizing
Part 05: Global Automotive Adhesives Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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- Growing demand from the automotive industry in Asia Pacific, this significant act as a driver for the market.
- Technological advancements in automotive adhesives, this significant act as a driver for the market.
- Volatility in raw material prices, this act as restraints for the automotive adhesives market.
- By Resin Type
- By Vehicle Type
- Passenger Car
- Heavy Trucks
- By Application
- Body in White (BIW)
- Paint Shop
- By Geography
- North America
- South America
- Middle East & Africa
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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