Press release
Automotive Coatings Adhesives Sealants Market Projected to Witness Vigorous Expansion by 2021
Market OverviewAutomotive coatings are used to enhance the appearance and durability of a vehicle, and to protect it from harsh weather and other external conditions such as extreme temperature, UV radiation, and foreign particles such as stone and other debris. Adhesives and sealants are used as bonding chemicals in a wide range of industries such as pressure sensitive tapes, building and construction, packaging, gasket sealants, assembly, and in automobile and transportation industry.
Adhesives are the non metallic substances used for the joining of materials, and sealants are used to seal any surface in order to prevent the passage of liquid or gas. In the automobile industry, adhesives and sealants are used in exteriors, interiors, under the hood, and many other applications. In the global automotive coatings, adhesives and sealant market, a majority of the share is contributed by automotive coatings; however, adhesives and sealants remain the fastest growing segment. Increasing efforts to improve fuel efficiency by reducing the weight of the vehicle is driving the growth of automotive adhesives and sealants.
Get Sample Copy Of This Report@ https://www.persistencemarketresearch.com/samples/4367
Market Segmentation
On the basis of types, automotive coatings and adhesives market is segmented into four categories: Urethane-based automotive coatings and adhesives, Epoxy-based automotive coatings and adhesives, Acrylic-based automotive coatings and adhesives, and others. Automotive sealant is also segmented into four types, namely Urethane-based automotive sealants, Silicone-based automotive coatings and adhesives, Elastomer-based automotive coatings and adhesives, and others.
On the basis of end-users, the global automotive coatings, adhesives, and sealants (CAS) market is segmented into two categories: Original equipment manufacturers (OEMs) and aftermarket, where a majority of the share is held by the OEM market. The OEM and aftermarket end-user industry is further segmented into: light vehicle, medium and heavy duty vehicles market, where the light vehicle segment is leading the market in both OEM and aftermarket end-user industry.
On the basis of application, the global automotive coatings, adhesives, and sealants market is segmented into four categories including: exterior application, interior application, under the hood application, and other application. Exterior is generating a majority of the revenue followed by interior application.
Request For TOC@ https://www.persistencemarketresearch.com/toc/4367
Regional Outlook
North America and Asia Pacific are leading the global automotive coatings, adhesives, and sealant market. Rising production of light weight vehicles is pushing the growth of global CAS market in these two regions.
In 2014, North America was the largest producer of light commercial vehicles with 9,864,262 units, which reflected a growth of 9.7% over 2013. Asia Pacific was the second largest producer of light commercial vehicles with total production of 5,037,972 units in 2014. Asia Pacific automotive CAS market is growing at a faster rate as compared to Europe and North America.
The Europe and North America automotive CAS market recovered at a high rate midway through 2012 after witnessing a slower growth on account of the financial crisis suffered by the U.S. and Europe economies in 2011, wherein the major impact was observed in Europe. Due to these financial crises, the production of light commercial vehicle was hampered which negatively impacted the growth of automotive coatings, adhesives, and sealants market. During 2011 and 2012, the commercial vehicle production in Europe witnessed a decline of 9.1%.
Get Full Access Of The Report@ https://www.persistencemarketresearch.com/checkout/4367
Key Players
Some leading global players operating in the automotive coatings, adhesives, and sealants market include ADCO Global, Akzo Nobel, Arkema SA, Ashland Incorporated, BASF SE, Bayer AG, Bemis Associates, Cytec Industries, Dow Chemical Company, DuPont (EI) de Nemours, EMS-Chemie Holding, FinishMaster Incorporated, Forbo Holding, Fujikura Kasei, Henkel AG & Company, Huntsman Corporation, Illinois Tool Works, LORD Corporation, MAACO Enterprises, Momentive Performance Materials, Nippon Paint Company, Nitto Denko Corporation, NOF Corporation, PPG Industries, Radiator Specialty Company, Reichhold Incorporated, RPM International, Sherwin-Williams Company, 3M Company, Transtar Industries, US Paint Corporation, Valspar Corporation, and Wacker Chemie AG.
Contact Us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
About Us:
Persistence Market Research (PMR) is an innovative and specialized publisher of market intelligence reports and consulting services. Prompt delivery, in-depth research, and high quality are the sacrosanct principles of PMR.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Coatings Adhesives Sealants Market Projected to Witness Vigorous Expansion by 2021 here
News-ID: 2231985 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
