Press release
Global Automotive Adhesives Market Innovations, Demand And Growth Forecast To 2031 | Henkel AG & Co. KGaA, Arkema S.A., 3M Company, DuPont de Nemours, Inc, H.B. Fuller Company, Sika AG, Huntsman Corporation
Automotive Adhesives Market
The regions covered in automotive adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions
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The automotive adhesives market consists of sales of automotive adhesives products by entities (organizations, sole traders, and partnerships) that are used as binding substances by automotive equipment manufacturers (OEMs) to bond different substrates of metal, eliminating the need for welding and mechanical bolts, welds, and rivets. Adhesives are lightweight components that are used to join metals, composites, plastics, and other materials together. In the automotive sector, adhesives are used to join various automobile components such as closures and structural modules. Adhesives in automobiles assembly successfully and safely solve important applications that have previously relied on mechanical fasteners (e.g., rivets, welds, screws, and clinches) while giving modern automobiles more design freedom and thus, improve the aesthetic appeal of automobiles. Automotive adhesives are frequently utilized in sealing, holding, and structural applications in both the manufacturing and aftermarket of automobiles.
Key competitors in the automotive adhesives market include Henkel AG & Co. KGaA, Arkema S.A., 3M Company, DuPont de Nemours, Inc, H.B. Fuller Company, Sika AG, Huntsman Corporation, The DOW Chemical Company, Jowat SE, Hexion Speciality Chemicals, Covalence Adhesives, Solvay S.A., Bayer A.G, Hindustan Adhesives Limited, PPG Industries, ITW Performance Polymers, Ashland Speciality Company, Tesa SE, Bostik S.A, Cytec Solvay, and BASF SE
The global automotive adhesives market size is expected to grow from $4.82 billion in 2021 to $5.11 billion in 2022 at a compound annual growth rate (CAGR) of 6.06%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The automotive adhesive market is expected to reach $6.51 billion in 2026 at a CAGR of 6.24%.
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TBRC's report segments the global automotive adhesives market:
1) By Adhesive Type: Structural, Tapes and Films, Threadlocks and Retainers, Liquid Gaskets
2) By Vehicle Type: Passenger Cars, LCVs, Trucks, Buses, Aftermarket
3) By Resin Type: Polyurethane, Epoxy, Acrylics, Silicone, SMP, MMA, Others
4) By Application: BIW, Glazing, Powertrain, Paint Shops, Upholstery
Read Further On The Automotive Adhesives Market Here:
https://www.thebusinessresearchcompany.com/report/automotive-adhesives-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Automotive Adhesives Market Characteristics
3. Automotive Adhesives Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Adhesives
5. Automotive Adhesives Market Size And Growth
.....
26. Africa Automotive Adhesives Market
27. Automotive Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Adhesives Market
29. Automotive Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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