Global Automotive Adhesives Market Worth $7.95 Billion by 2029, Growing at 7.5% CAGR

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Automotive Adhesives Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market for automotive adhesives has experienced consistent expansion over the past few years. The market, which was valued at $5.69 billion in 2024, is projected to swell to $5.96 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 4.9%. The growth witnessed during the historic period is linked to several factors including robust economic advancement in emerging markets, global population growth, governmental backing for the automotive industry, a rising preference for improved comfort, safety, and convenience in vehicles, and an augmented focus on light-weighting, or the reduction of vehicle weight.

What Is the Expected CAGR for the Automotive Adhesives Market Growth Through 2029?
In the incoming years, the automotive adhesives market is projected to witness significant growth, with expectations of reaching a market size of $7.95 billion by 2029 at a compound annual growth rate (CAGR) of 7.5%. The predicted surge during this forecast period is likely due to factors such as the global population increase, urbanization, the rapid expansion of e-commerce, supportive government policies, and a shift towards electric vehicles (EVs). The forecast period is also anticipated to see significant trends like the emphasis on environmentally friendly automotive adhesives, the use of water-based automotive adhesives, the application of aluminum adhesive technologies, the introduction of 3d vision systems, and the utilization of innovative technologies for dispensing and pre-activation.

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What Are the Primary Drivers Behind Automotive Adhesives Market Growth?
The automotive adhesives market is anticipated to grow due to the increasing demand for lightweight, low carbon-emitting vehicles. This is largely in response to the implementation of stricter emission regulations to tackle the issue of raised exhaust emissions, prompting car manufacturers to shift their focus towards lightweight vehicle production in an effort to reduce CO2 emissions. Automotive adhesives, which can replace heavier components such as rivets, nuts, and bolts, help in making the vehicles lighter and stronger, hence enhancing their fuel efficiency and reducing emissions. An example is the Canada Energy Regulator's report in June 2024, which indicated that zero-emission vehicles (ZEVs) are gaining traction in Canada. The report showed about 185,000 new registrations in 2023, a rise of 49% from 2022, and made up 11% of all new vehicle registrations in 2023. Therefore, the growing demand for lightweight, low carbon-emitting vehicles is likely to spur the automotive adhesives market.

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What Are the Key Segments Driving Automotive Adhesives Market Growth?
The automotive adhesives market covered in this report is segmented -

1) By Resin Type: Polyurethane, Epoxy, Acrylics, Silicone, SMP, MMA, Other Resin Types
2) By Adhesive Type: Structural, Tapes And Films, Threadlocks And Retainers, Liquid Gaskets, Automotive Adhesives
3) By Vehicle Type: Passenger Cars, LCVs, Trucks, Buses, After market
4) By Application: BIW, Glazing, Powertrain, Paint Shops, Upholstery

Subsegments:
1) By Polyurethane: Flexible Polyurethane Adhesives, Rigid Polyurethane Adhesives
2) By Epoxy: Structural Epoxy Adhesives, Non-Structural Epoxy Adhesives
3) By Acrylics: Reactive Acrylic Adhesives, Non-Reactive Acrylic Adhesives
4) By Silicone: RTV Silicone Adhesives, Structural Silicone Adhesives
5) By SMP (Silyl Modified Polymer): SMP Adhesives For Automotive Applications
6) By MMA (Methyl Methacrylate): MMA Adhesives For Bonding And Sealing
7) By Other Resin Types: Thermoplastic Adhesives, Cyanoacrylate Adhesives

What Are the Technological Trends Impacting the Automotive Adhesives Market?
Prominent companies in the automotive adhesives industry are channeling their efforts towards the creation of innovative conductive adhesives like injectable thermally conductive adhesives for electric vehicles, with the aim of boosting the performance and safety of the battery system. A case in point is Henkel, based in Germany, which in May 2023 launched Loctite TLB 9300 APSi, a specific injectable thermally conductive adhesive for electric vehicle (EV) battery systems. This adhesive, a two-component polyurethane type, features a high thermal conductivity of 3 W/mK, structural bonding properties, and electrical insulation, rendering it perfect for usages such as fastening battery cells to modules and cooling systems. Its ability to cure at ambient temperature without requiring solvents enhances manufacturing efficiency and safety, whilst also promoting sustainability by cutting down on emissions and resource use.

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Who Are the Major Competitors in the Global Automotive Adhesives Market?
Major companies operating in the automotive adhesives market include Henkel & Co. KGaA, 3M Company, Arkema, Sika AG, H.B. Fuller, Illinois Tool Works Inc, PPG Industries, Dow Inc, Avery Dennison, Huntsman, Benson Polymers Limited, Acme Corp, Chadha Corporation Pvt. Ltd, Adfast Polymers, Proten Exim Private Limited, Hunan Magpow Adhesive Group Co. Ltd, Wuhan Boli Chemical Ltd, Zibo Chico International Co. Ltd, Tengxin Chuzhou New Material Co. Ltd, Megabond (Huangshan) Adhesive Co. Ltd, Shanghai Hansi Industrial Co. Ltd, Beijing Comens New Materials Co. Ltd, Japan Sika Corporation, Henkel Japan Ltd, Dow Chemical Japan Ltd, Afinitica, ITAC Adhesives, Bostik UK, Antala Ltd, tesa SE, NPT SRL, Permabond, LIKK, Bondmaster, Camie, Chem-Calk, Chemseal, Chipbonder, ConProTec, Conap, Conapoxy, Cytec, Devcon, Double/Bubble, Dow Corning, Dymax, Dynaloy, E-Max, Eccobond, Eclectic, EconoDot, Elastoplastic, Ellsworth, Emerson & Cuming, Epoxi-Patch, FISHMAN, Oasn Me Ltd, Amazonas Industria E Comercio Ltd, Hotmelt Adhesives, Fixa Tudo, Jowat SE.

Which Region Dominates the Automotive Adhesives Market Share in 2025?
Asia-Pacific was the largest region in the automotive adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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