Press release
Automotive Adhesives Market to Witness Huge Growth by Key Players: Henkel, Arkema, 3M, Dupont, H.B. Fuller, Sika, Huntsman
Global Automotive Adhesives Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Report in PDF Format @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=444867
The automotive adhesives market is projected to grow from USD 6.6 billion in 2020 to USD 9.3 billion, at a CAGR of 5.9% between 2021 and 2026. This report spread across 291 Pages, Profiling 09 Companies and Supported with 262 Tables and 57 figures are now available in this research.
Top Companies Profiled in the Automotive Adhesives Market:
• Henkel (Germany)
• Arkema (Bostik) (France)
• 3M (US)
• Dupont (US)
• H.B. Fuller (US)
• Sika (Switzerland)
• Huntsman (US)
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Silane-modified polymer adhesives have a smaller market share compared to other types. However, the market for this segment is projected to grow at the highest rate due to stringent environmental regulations on other adhesives in the market. These regulations prohibit the use of highly toxic solvents which have VOC emissions. As SMP adhesives are odorless, free of isocyanates and solvents, and emit no VOCs, their demand is expected to increase.
The passenger cars segment is projected to grow at the highest CAGR during the forecast period, 2021 to 2026. In the coming future, younger generations will be a significant driver in the development of more sustainable and convenient modes of commute. The future is expected to be ruled by passenger cars which may be electric, autonomous, and shared mobility, globally.
APAC is the largest as well as the fastest-growing automotive adhesives market. It encompasses a diverse range of economies with different levels of economic development and multiple industries. Growth is attributed mainly to booming economies such as China and India, among other few smaller countries, such as Indonesia, and Thailand.
China is the leader in the market for automotive adhesives in terms of demand in the Asia Pacific. India is a rapidly emerging nation in the market due to the growth in the use of automotive adhesives. The key market players are expanding their automotive adhesives production in APAC, especially in China, Japan, and India.
Competitive Landscape of Automotive Adhesives Market:
1 Overview
2 Market Share Analysis
2.1 Market Ranking Analysis
2.1.1 Henkel Ag
2.1.2 Sika Ag
2.1.3 Arkema (Bostik)
2.1.4 H.B. Fuller
2.1.5 3m Company
3 Company Revenue Analysis
4 Company Evaluation Quadrant, 2020
4.1 Star
4.2 Emerging Leaders
4.3 Pervasive
4.4 Participants
5 Sme Matrix, 2020
5.1 Progressive Companies
5.2 Dynamic Companies
5.3 Starting Blocks
5.4 Responsive Companies
6 Strength Of Product Portfolio
7 Business Strategy Excellence
8 Competitive Scenario
8.1 Market Evaluation Framework
8.2 Market Evaluation Matrix
9 Strategic Developments
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Research Coverage:
This report provides detailed segmentation of the automotive adhesives market based on resin type, application, vehicle type, and region. Based on the resin, the market has been segmented into polyurethane, epoxy, acrylic, methyl methacrylate, silicone, SMP, and other resin such as polysulfide, rubber, polyamide, and others. With respect to application, the automotive adhesives market has been segmented into the body in white, paint shop, assembly, and powertrain. Based on vehicle type, the market has been segmented into passenger cars, LCVs, trucks, buses, and aftermarkets.
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