Press release
Global Automotive Adhesives Industry 2024 Growth Factors & Professional Survey: 3M, Arkema, Bostik, Ashland, BASF, Bemis Associates, Covestro, DuPont, EMS Group, H.B. Fuller, Henkel, Huntsman Corporation, Illinois Tool Works
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.
Some of the major players in automotive adhesives market include: 3M, Arkema, Bostik, Ashland, BASF, Bemis Associates, Covestro, DuPont, EMS Group, H.B. Fuller, Henkel, Huntsman Corporation, Illinois Tool Works, Permatex, Inc., Lord Corporation, Nippon Paint Co., Ltd., Nitto Denko Corporation, Royal Adhesives and Sealants, LLC, RPM International Inc., The Dow Chemical Company, Dow Corning Corporation, Three Bond Co., Ltd., Transtar Autobody Technologies, Inc., Wacker-Chemie AG and many more.
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Market Analysis:
The Global Automotive Adhesives Market accounted for USD 4.20 billion in 2016 and is projected to grow at a CAGR of 8.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Complete report on Automotive Adhesives Market report spread across 350 pages, profiling companies and supported with tables and figures.
Global Automotive Adhesives Market, By Resin Type (Polyurethane, Epoxy, Acrylic, Silicone, SMP, Polyamide); By Vehicle Type (Passenger Car, Buses, Heavy Trucks, LCV) By Application (Body in White (BIW), Powertrain, Paint Shop, Assembly) – Industry Trends and Forecast to 2024
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Market Segmentation: Global Automotive Adhesives Market
• The automotive adhesives market is segmented on the basis of resin type into - polyurethane, epoxy, acrylic, silicone, SMP, polyamide and others.
• On the basis of vehicle type, the market is segmented into - passenger car, buses, heavy trucks, LCV and others.
• On the basis of application, the market is segmented into - body in white (BIW), powertrain, paint shop and assembly.
• On the basis of geography, the automotive adhesives market report covers data points for 28 countries across multiple geographies such as -
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
• Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
The global automotive adhesives market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Key Reasons to Purchase:
• To gain insightful analyses of the market and have comprehensive understanding of the Global Automotive Adhesives Market and its commercial landscape.
• Assess the Automotive Adhesives production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the Automotive Adhesives Market and its impact in the Global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for Global Automotive Adhesives Market.
Major Market Drivers:
• High demand for lightweight and low carbon emitting vehicles
• Growing demand from the automotive industry in Asia Pacific
• Technological advancements in automotive adhesives
Market restraint:
• Volatility in Raw Material Prices
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