Automotive Adhesives Market worth $9.3 billion in 2026 | Key players Henkel, Arkema (Bostik), 3M, Dupont, H.B. Fuller

According to recent market research "Automotive Adhesives Market by Resin Type (PU, Epoxy, Acrylic, Silicone, SMP, MMA), Application (Body In White, Paint Shop, Assembly, Powertrain), Vehicle Type (Passenger Cars, LCVS, Trucks, Buses, Aftermarkets), & Region - Global Forecast to 2026", is projected to grow from USD 6.6 billion in 2020 to USD 9.3 billion in 2026, at a CAGR of 5.9% between 2021 and 2026.

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The growing trend for lightweight and low carbon-emitting vehicles and the high demand for automotive adhesives from APAC are the drivers in the market. The major growth opportunities in the automotive adhesives market are in India, China, Brazil, Mexico, and other emerging economies. Automotive adhesives improve the aesthetic appeal of end products as bolts, rivets, and welds are not required to be used, and thus making these viable for numerous applications involving assembly line, body in white, and others.

Polyurethane adhesives have a high demand in the automotive adhesives market due to their excellent properties such as high elongation properties and stronger bonding. These are used in bonding windscreens, side and rear windows of passenger cars, trucks, and special vehicles. They are also used for bonding fiberglasses reinforced plastic elements, such as roof, side, and front panels. These adhesives also have a competitive advantage over silicone products as they can be easily painted and offer a fissure-free coated surface for an extended period.

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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. The growing trend for lightweight and low carbon-emitting vehicles and the high demand for automotive adhesives from APAC are the drivers in the market. The major growth opportunities in the automotive adhesives market are in India, China, Brazil, Mexico, and other emerging economies. adhesives improve the aesthetic appeal of end products as bolts, rivets, and welds are not required to be used, and thus making these viable for numerous applications involving assembly line, body in white and others.

The key market players are Henkel (Germany), Arkema (Bostik) (France), 3M (US), Dupont (US), H.B. Fuller (US), Sika (Switzerland), and Huntsman (US). These players have adopted various strategies, such as new product launches and mergers & acquisitions between 2016 and 2020, to enhance their market shares and expand their global presence.

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Henkel is one of the leading solution providers for adhesives, sealants, and functional coatings. The company has three business segments, namely, adhesive technologies, laundry & home care, and beauty care. The company manufactures automotive adhesives under its adhesive technologies segment. Henkel is a leader in the adhesives industry. It has a strong network for distributing and manufacturing adhesives with 138 production sites to meet the changing demands of the automotive adhesives industry, worldwide. The company continuously focuses on its organic & inorganic growth.

Sika is a specialty chemical company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. It operates through two business segments, namely, construction and industry. The company offers automotive adhesives under industry segment.

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