Automotive adhesive is a kind of adhesives for automotive body, powertrain, repair, assembly, etc., may be used interchangeably with glue, cement, mucilage, or paste, and can be connected together with one or two or more homogeneous or heterogeneous parts (or material) with sufficient strength after curing organic or inorganic, natural or synthetic, a class of substances can be divided according to different raw materials, Epoxy, Acrylic, Polyurethane, Polyamide, etc.
North America and Europe are the largest consumers of Automotive Adhesives and are expected to 3% growth rate during the next five years due to recovery of downstream industries. China has witnessed a major chunk of the production and consumption of Automotive Adhesives in the Asia Pacific region. And China led the demand for adhesives due to increased production of vehicles in the last 5 years.
Automotive adhesives are used in various applications such as body in white, paint shop, powertrain, and assembly. In 2015, the body in white application segment accounted for the largest market share among all the applications.
According to this study, over the next five years the Automotive Adhesives market will register a 2.2% CAGR in terms of revenue, the global market size will reach USD 5100 million by 2024, from USD 4480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Adhesives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Adhesives market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Adhesives value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Epoxy
Acrylic
Polyurethane
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Body-in-White
Paintshop
Powertrain
Assembly
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Henkel
Dow Chemical
H.B. Fuller
3M
Sika
Wacker-Chemie
Huntsman
Arkema Group
PPG Industries
Lord
BASF
Ashland
ITW
Jowat
ThreeBond
Cytec Solvay
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Adhesives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Adhesives market by identifying its various subsegments.
Focuses on the key global Automotive Adhesives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Adhesives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Adhesives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.