Press release
Automotive Adhesives Market Analysis: Demand Rising in Electric & Hybrid Vehicles
Automotive Adhesives Market
According to QY Research, the global Automotive Adhesives market was valued at US$ 5600 million in 2024 and is anticipated to reach US$ 6928 million by 2031, witnessing a CAGR of 3.1% during the forecast period 2025-2031.
Automotive adhesives are widely used in manufacturing vehicles for bonding various components such as body panels, glass, trims, and structural parts. They enhance safety, reduce weight, and improve fuel efficiency. The growing demand for lightweight vehicles, advancements in adhesive technology, and the shift towards electric vehicles (EVs) are fueling market expansion.
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Market Segmentation
By Resin Type
• Epoxy
• Polyurethane
• Silicone
• Acrylics
• Others
By Application
• Body-in-White (BIW)
• Paint Shop
• Assembly
• Powertrain
• Others
By Vehicle Type
• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
• Electric Vehicles (EVs)
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
Key Players
Major players in the automotive adhesives market include:
• Henkel AG & Co. KGaA
• Sika AG
• 3M Company
• Arkema Group
• Huntsman International LLC
• PPG Industries, Inc.
• Illinois Tool Works Inc.
• H.B. Fuller Company
• Jowat SE
• Ashland Global Holdings Inc.
These companies focus on R&D, mergers & acquisitions, and sustainability initiatives to maintain competitiveness.
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Market Dynamics
Drivers
• Rising demand for lightweight and fuel-efficient vehicles
• Increasing adoption of EVs requiring specialized adhesives
• Technological advancements in bonding solutions for diverse substrates
Restraints
• Fluctuating raw material prices
• Stringent environmental regulations on chemical usage
Opportunities
• Growth in autonomous vehicle production
• Increasing use of bio-based adhesives for sustainability
Market Scope and Strategic Landscape
The market scope extends from traditional automotive manufacturing to emerging EV platforms, where adhesives play a critical role in structural integrity and NVH (Noise, Vibration, Harshness) reduction. Key strategies include:
• Development of high-performance, temperature-resistant adhesives
• Collaboration with automakers for custom bonding solutions
• Expansion into high-growth regions like Asia-Pacific
Recent Developments
• Henkel launched new thermal management adhesives for EV battery systems in 2024.
• Sika AG acquired a major sealant and adhesive manufacturer in Asia to strengthen its automotive portfolio.
• 3M introduced sustainable adhesive solutions using bio-based polymers.
Regional Analysis
• Asia-Pacific dominates the market due to strong automotive production in China, Japan, India, and South Korea.
• Europe is driven by stringent emission regulations and EV adoption in Germany, France, and the UK.
• North America sees steady growth supported by advanced manufacturing facilities and R&D investments.
• Latin America and Middle East & Africa present emerging opportunities due to growing automotive assembly plants.
Frequently Asked Questions (FAQ)
Q1: What is the expected CAGR of the automotive adhesives market?
A: The market is expected to grow at a CAGR of 3.1% from 2025 to 2031.
Q2: Which region is expected to dominate the market?
A: Asia-Pacific is projected to hold the largest market share during the forecast period.
Q3: What is the main driver for market growth?
A: The rising demand for lightweight and fuel-efficient vehicles is the primary growth driver.
Q4: Which companies are leading the market?
A: Henkel, Sika AG, 3M, Arkema, and Huntsman are among the leaders.
Q5: What are the emerging trends in the market?
A: Increasing use of bio-based adhesives and growing EV production are key trends.
About Us:
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
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Kayani Nagar, Yervada, Pune 411006, Maharashtra
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