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According to our LPI (LP Information) latest study, the global Automotive Adhesives market size was valued at US$ 5396 million in 2023. With growing demand in downstream market, the Automotive Adhesives is forecast to a readjusted size of US$ 6055.1 million by 2030 with a CAGR of 1.7% during review period.
The research report highlights the growth potential of the global Automotive Adhesives market. Automotive Adhesives are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Adhesives. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Adhesives market.
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.
The major players in global Automotive Adhesives market include Henkel, Sika, Dow Chemical, etc. The top 3 players occupy about 40% shares of the global market. APAC and Europe are main markets, they occupy about 70% of the global market. Urethane is the main type, with a share about 50%. Body-in-White is the main application, which holds a share about 40%.
Key Features:
The report on Automotive Adhesives market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Adhesives market. It may include historical data, market Segmentation by Type (e.g., Urethane, Epoxy), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Adhesives market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Adhesives market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Adhesives industry. This include advancements in Automotive Adhesives technology, Automotive Adhesives new entrants, Automotive Adhesives new investment, and other innovations that are shaping the future of Automotive Adhesives.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Adhesives market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Adhesives product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Adhesives market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Adhesives market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Adhesives market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Adhesives industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Adhesives market.
Market Segmentation:
Automotive Adhesives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Urethane
- Epoxy
- Acrylic
- Others
Segmentation by application
- Body-in-White
- Interior & Exterior
- Fixed Glass
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Henkel
- Sika
- Dow Chemical
- 3M
- Huntsman
- Wacker-Chemie
- Arkema Group
- BASF
- Lord
- PPG Industries
- H.B. Fuller
- ITW
- Hubei Huitian
- Ashland
- ThreeBond
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Adhesives market?
What factors are driving Automotive Adhesives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Adhesives market opportunities vary by end market size?
How does Automotive Adhesives break out type, application?