Automotive Adhesives Market: Opportunities and Forecast Assessment, 2020–2027

by Ashish Kumar Consultants

The global automotive adhesives market report researches and evaluates the impact of the COVID-19 outbreak on the automotive adhesives industry, involving potential opportunity and challenges, drivers and risks. The report also includes several valuable information on the global automotive adhesives mar, derived from numerous sources. The research report studies the competitive environment of the automotive adhesives industry based on the company profiles and their efforts on accelerating production volume.

Adhesive, also known as glue, refers to the non-metallic substance used to bind the two surfaces together. It consists of precise mixtures of synthetic rubber elastomers, resins, and agents, which helps in improving certain properties depending on the intended use. The automotive adhesive is widely used, ranging from something as small as a sensor to something as large as the chassis of a vehicle. Structural adhesives are widely used by professionals in the automotive industry as they allow easy assembly of different types of materials. The automotive adhesives are also used indoors and outdoors as body adhesives, coating adhesives, windshield adhesives, and exterior finishing adhesives.

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Key Players of the Global Automotive Adhesives Market

The global automotive adhesives market report provides an overview of the leading players in the market, including Henkel AG & Co. KGaA, Sika AG, Arkema, Huntsman International LLC, Ashland, H.B. Fuller Company, 3M, DuPont, PPG Industries, Inc., and Illinois Tool Works Inc. among others.

The increasing usage of adhesives in lightweight & low-carbon emitting vehicles, followed by the continuous technological improvements in adhesives to make it suitable for different end-use industries, are the significant factors fuelling the growth of the automotive adhesives market size. These adhesives help in reducing vehicle weight, improves fuel efficiency, and decrease carbon emissions. The usage of adhesives also decreases noise, vibration in vehicles, which in turn, will attract many end-users to opt for these adhesives to reduce the overall weight of the vehicle.

The increasing investment in electric vehicles is another key factor boosting the growth of the automotive adhesive market. The polyurethane resin is being increasingly used in the automotive industry due to its remarkable features such as increases durability, corrosion resistance, and scratch-resistance of vehicles. On the other edge, the fluctuation in the prices of raw material is likely to restrain the growth of the global automotive adhesives market.

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Market Segmentation

Global Automotive Adhesives Market Report Segment by Technology:

  • Reactive
  • Water-Based
  • Hot-Melt

Global Automotive Adhesives Market Report Segment by Resin Type:

  • PU Automotive Adhesives
  • Epoxy Automotive Adhesives
  • Acrylic Automotive Adhesives
  • Silicone Automotive Adhesives
  • SMP Automotive Adhesives
  • MMA Automotive Adhesives
  • Others

Global Automotive Adhesives Market Report Segment by Vehicle Type:

  • Passenger Car
  • Buses
  • Trucks
  • LCV
  • Aftermarket

Global Automotive Adhesives Market Report Segment by Vehicle Type:

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

Global Automotive Adhesives Market Report Segment by Region:

  • North America
  • United States of America
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
  • RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

About Noah Research

Noah Research is a market research and consulting firm which provides extensive industry & market research to help businesses around the world in making the toughest business decision. We provide the most comprehensive coverage of any focus industry while ensuring a holistic and deep understanding of the particular market through actionable data. We cover both aspects of the market, the traditional well-established market and the niche markets, especially in the emerging economies. Our clients rely on us to produce reliable, accurate, and timely information. We not only focus on offering the best possible solution in optimal timeframe but also ensures that the trust of our clients is always maintained. We at Noah Research are looking forward in helping businesses to gain a competitive advantage in the specific industry.

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About Ashish Kumar Committed   Consultants

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Joined APSense since, September 16th, 2017, From Delhi, India.

Created on Jun 18th 2020 03:10. Viewed 340 times.


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