Press release
Automotive Adhesives Market Size to grow at 5.90% CAGR | Share Survey Analysis 2022 to 2027
Adhesives are thin, light-weight parts used to join materials including plastic, metal, composites, and others. The automotive industry is using adhesives more and more to bind different car parts, like structural modules and closures. The mass of a vehicle is reduced, front and rear lateral body stiffness are increased, crash performance is improved, and noise, vibration, and harshness are reduced as a result of more vehicle manufacturers using adhesives (NVH).With increased focus by automotive OEMs on weight reduction, reduced carbon emissions, and compliance with fuel emission regulations, automotive adhesives have become an increasingly popular solution. Also, greater focus on environmental-friendliness of product offerings has generated lucrative opportunities for product development in the automotive adhesive market space.
Adhesives are the most versatile bonding agents available today and are used by automakers to make cars lighter and tougher. Adhesives are made from precise blends of synthetic rubber elastomers, resins and agents or additives used to enhance certain characteristics, depending on the end use.
Additionally, the construction of new, creative vehicle body designs and mixed-material designs using high-strength steels, nonferrous metals, plastic, and composites is facilitated by adhesive bonding. Adhesives also provide strong adhesion over a variety of substrates. It can be used to fasten steel and alloyed parts as well as dashboards, door panels, electronics, light covers, and lenses.
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Global Automotive Adhesives Market: Major Players
ThreeBond
3M
ITW
Wacker-Chemie
Dow Chemical
H.B. Fuller
Jowat
Cytec Solvay
Ashland
PPG Industries
Sika
Henkel
BASF
Lord
Arkema Group
Huntsman
Global Automotive Adhesives Market: Types
Polyurethane
Acrylic
Epoxy
Global Automotive Adhesives Market: Applications
Powertrain
Paintshop
Body-in-White
Global Automotive Adhesives Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Adhesives market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Points:
1. Define, describe and forecast Automotive Adhesives product market by type, application, end user and region.
2. Provide enterprise external environment analysis and PEST analysis.
3. Provide strategies for company to deal with the impact of COVID-19.
4. Provide market dynamic analysis, including market driving factors, market development constraints.
5. Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
6. Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
7. Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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