Global Automotive Adhesives Market 2020 Growth, COVID Impact, Trends Analysis Report 2026

The global automotive adhesives market is anticipated to grow significantly at a CAGR of 7.4% over the forecast period (2020-2026). Automotive adhesives are the chemicals that are meant to join the two surfaces together in a vehicle. It offers a variety of benefits such as thermal, chemical, impact, and abrasion resistance in the automobile assembly. The key factor that drives the growth of the global automotive adhesives market is the rapidly evolving automobile industry across the globe. Excellent properties offered by the automotive adhesives further supports the growth of the market over the forecast period.

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Besides, supportive government initiatives promoting the use of modern adhesives for automobiles also enhance market growth as it lessens the harmful carbon emissions and enhances the efficiency of the fuel. For instance, in April 2019, the European Commission declared CO2 emission standards that stated the reduction of CO2 levels by 37.5% and 31.0%, for cars and vans respectively by 2030, in comparison with 2021.

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The presence of the key players operating in the market also contributes to the growth of the global automotive adhesives market over the forecast period. Key players such as 3M Co., BASF SE, Dow Inc., Henkel AG & Co., KGaA, Solvay SA, Akzo Nobel NV, Arkema SA, Ashland Global Specialty Chemicals Inc., Franklin International, H.B. Fuller Co., and Huntsman International LLC among others engage in the multiple R&D activities, new product launch, geographical expansion, merger & acquisition to increase their revenue in the competitive market.

Market Coverage

Market number available for - 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Resin Type, Adhesive Type, Application, Vehicle Type, and Sales Channel
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- 3M Co., BASF SE, Dow Inc., Henkel AG & Co., KGaA, Solvay SA, Akzo Nobel NV, Arkema SA, Ashland Global Specialty Chemicals Inc., Franklin International, H.B. Fuller Co., and Huntsman International LLC

Global Automotive Adhesives Market – Segmentation

By Resin Type

Polyurethanes
Polyamide
Acrylics
Silicone
Epoxy
SMP
MMA
Others

By Adhesive Type

Tapes & Films
Liquid Gasket
Structural
Thread-Locks & Retainers
Others

By Application

Assembly
Body in White (BIW)
Glazing
Paint
Upholstery
Others

By Application

Passenger Vehicle
Two-Wheeler
Commercial Vehicle

By Sales Channel

OEM & Auto-Ancillaries
Aftermarket/Retail

Global Automotive Adhesives Market – Segmentation by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East & Africa

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