Global Automotive Adhesives Market Key Companies and Analysis, Top Trends by 2032

Global Automotive Adhesives Market
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The global automotive adhesives market was valued at around USD 6.8 billion in 2021 and anticpated to grow at a CAGR of 6.4% over the course of projected period.
Adhesives are thin, light-weight parts used to join materials including plastic, metal, composites, and others. The automotive industry is using adhesives more and more to bind different car parts, like structural modules and closures. The mass of a vehicle is reduced, front and rear lateral body stiffness are increased, crash performance is improved, and noise, vibration, and harshness are reduced as a result of more vehicle manufacturers using adhesives (NVH). Also, the construction of new, creative vehicle body designs and mixed-material designs using high-strength steels, nonferrous metals, plastic, and composites is facilitated by adhesive bonding. Adhesives also provide strong adhesion over a variety of substrates. It can be used to fasten steel and alloyed parts as well as dashboards, door panels, electronics, light covers, and lenses.
The Automotive Adhesives market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Automotive Adhesives market. On the basis of historic growth analysis and current scenario of Automotive Adhesives market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Automotive Adhesives market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Automotive Adhesives market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Automotive Adhesives market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
The adoption of smart cars, increased sales of automotive adhesives, and underlying strength in the automotive industry are all contributing factors to the market’s growth. Moreover, composite materials are used in place of metallic ones to join with adhesives, reducing the weight of cars and increasing their fuel efficiency. Also, the use of adhesives has reduced the harshness, vibration, and noise of automobiles, which supports the expansion of the automotive adhesives industry. In addition, a rise in demand for automotive adhesives in the Asia-Pacific region is anticipated to fuel market expansion.

Moreover, adhesive bonding in the automobile sector produces crucial joining technology for lightweight vehicles’ multi-material construction. However, the market expansion is anticipated to be constrained by the increase in raw material prices and the impact of the recession on end-use industries.

The market for automotive adhesives is divided into several regions, vehicle types, applications, technologies, and resin types. The market is divided into polyurethanes, epoxy, acrylics, silicone, SMP, polyamide, and others according on the type of resin used (rubber and phenolic). It is divided into hot melt, solvent based, water based, pressure sensitive, and other categories technologically (reactive and thermosetting). It is separated into body-in-white, power train, paint shop, and assembly categories based on application.

Major Players
ThreeBond
3M
ITW
Wacker-Chemie
Dow Chemical
H.B. Fuller
Jowat
Cytec Solvay
Ashland
PPG Industries
Sika
Henkel
BASF
Arkema Group
Huntsman
Others**

Technology
Water-based
Solvent-based
Hot melt
Pressure Sensitive
Others

Resin Type
Polyurethane
Epoxy
Acrylics
Silicone
SMP
Polyamide
Others
Vehicle Type
Passenger cars
Light commercial vehicles
Heavy & Medium commercial vehicles
Application
Body-in-White (BIW)
Powertrain
Paint Shop
AssemblyRegional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Adhesives market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.Key Points:
Define, describe and forecast Automotive Adhesives product market by technology,resin type, vehicle type, application and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.


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