DUBLIN, May 6, 2022 /PRNewswire/ -- The "Automotive Adhesives Market by Resin Type, Technology, Application, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The global automotive adhesives market size was valued at $4.7 billion in 2020, and projected to reach $8.4 billion by 2030, with a CAGR of 5.9% from 2021 to 2030.
Adhesives are lightweight materials used for joining most composites and plastic materials. They are known for improving stress distribution and expanding the choices of composites and dissimilar substrates throughout the vehicle. They are the most versatile bonding agent available today, and are used by vehicle manufacturers to make cars lighter and tougher. Moreover, they are made from precise blends of synthetic rubber elastomers, resins, and additives such as photo initiators and stabilizers, which enhance the characteristics of automotive adhesives. In addition, currently automobile manufacturers glue aluminum and composites together so that vehicle parts are intact even at high speed and high pressure. Adhesives do not lose strength and hence, are used for these applications.
This report projects the trends and opportunities of the global automotive adhesives market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
Automotive adhesives exhibit multiple applications in the automobile industry by enhancing the design and infrastructure of vehicles. They are deployed to fabricate rubber, metal, glass, and plastics together during the manufacture of automobiles. They inhibit the ingress of salt, dirt, and water in the car shell. Moreover, they have improved the vehicle stiffness and durability, and provide improved crash performance. In addition, use of adhesives at multiple stages of production of an automobile has significantly driven the market growth.
Adhesives are used for direct glazing, which has resulted in the improvement of rigidity of vehicles. They are deployed on the production line, which has resulted in cost reduction and savings. Therefore, adhesives have significantly improved the fuel efficiency of automobiles and provide enhanced performance, which drive the growth of the automotive industry.
The global automotive adhesives market is segmented on the basis of resin type, technology, application, vehicle type, and region. On the basis of resin type, the market is classified into polyurethanes, epoxy, acrylics, silicone, SMP, polyamide, and others (rubber and phenolic). By technology, it is categorized into hot melt, solvent based, water based, pressure sensitive, and others (reactive and thermosetting). Depending on application, it is divided into body-in-white, power train, paint shop, and assembly. As per vehicle type, it is fragmented into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major strategies adopted by key players to expand their business include expansion in untapped regions and new product launches. The major companies profiled in this report include Henkel & Co. KGaA, Bostik S.A., 3M Company, The DOW Chemical Company, Sika AG, H.B. Fuller, PPG Industries, Jowat AG, Illinois Tool Works Corporation, and Solvay S.A..
Key Findings Of The Study
- Region wise, the Asia-Pacific is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period
- As per global automotive adhesives market analysis, by resin type, the polyamide segment accounted for the largest share in 2020
- On the basis of technology, the water based segment was the major share contributor in 2020
- On the basis of vehicle type, the passenger vehicles segment was the major share contributor in 2020
- On the basis of application, the body-in-white segment was the major share contributor in 2020
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Growth in Demand for Lightweight and Low Carbon Emission Vehicles
3.4.1.2. Automobile Manufacturers Increasingly Investing in Evs Due to Government Regulations and Purchase Incentives
3.4.2. Restraint
3.4.2.1. Volatility in Raw Material Prices
3.4.3. Opportunities
3.4.3.1. Scope for Growth of Autonomous Evs and Increase in Demand for Low-Voc, Green, and Sustainable Adhesives
3.5. Pricing Analysis
3.6. Value Chain Analysis
3.7. Impact of Key Regulations on the Global Automotive Adhesives Market
3.8. Impact of Covid-19 on the Global Automotive Adhesives Market
Chapter 4: Automotive Adhesives Market, by Resin Type
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Polyurethanes
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Comparative Share Analysis, by Country
4.3. Epoxy
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Comparative Share Analysis, by Country
4.4. Acrylics
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Comparative Share Analysis, by Country
4.5. Silicone
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Comparative Share Analysis, by Country
4.6. Silyl Modified Polymers
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Comparative Share Analysis, by Country
4.7. Polyamide
4.7.1. Key Market Trends, Growth Factors, and Opportunities
4.7.2. Market Size and Forecast, by Region
4.7.3. Comparative Share Analysis, by Country
4.8. Others
4.8.1. Key Market Trends, Growth Factors, and Opportunities
4.8.2. Market Size and Forecast, by Region
4.8.3. Comparative Share Analysis, by Country
Chapter 5: Automotive Adhesives Market, by Technology
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Hot Melt
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Comparative Share Analysis by Country
5.3. Solvent Based
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Comparative Share Analysis by Country
5.4. Water Based
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Comparative Share Analysis by Country
5.5. Pressure Sensitive
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Comparative Share Analysis by Country
5.6. Others
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Comparative Share Analysis by Country
Chapter 6: Automotive Adhesives Market, by Vehicle Type
6.1. Overview
6.1.1. Market Size and Forecast
6.2. Passenger Vehicles
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Comparative Share Analysis by Country
6.3. Light Commercial Vehicles
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Comparative Share Analysis by Country
6.4. Heavy Commercial Vehicles
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Comparative Share Analysis by Country
Chapter 7: Automotive Adhesives Market, by Application
7.1. Overview
7.1.1. Market Size and Forecast
7.2. Body-In-White
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Comparative Share Analysis by Country
7.3. Power Train
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Comparative Share Analysis by Country
7.4. Paint Shop
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Comparative Share Analysis by Country
7.5. Assembly
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Region
7.5.3. Comparative Share Analysis by Country
Chapter 8: Automotive Adhesives Market, by Region
Chapter 9: Competitive Landscape
9.1. Introduction
9.1.1. Market Player Positioning, 2020
9.2. Top Winning Strategies
9.2.1. Top Winning Strategies, by Year
9.2.2. Top Winning Strategies, by Development
9.2.3. Top Winning Strategies, by Company
9.3. Key Developments
9.3.1. Other Developments
Chapter 10: Company Profiles
10.1. Bostik S. A.
10.1.1. Company Overview
10.1.2. Company Snapshot
10.1.3. Operating Business Segments
10.1.4. Product Portfolio
10.1.5. R&D Expenditure
10.1.6. Business Performance
10.1.7. Key Strategic Moves and Developments
10.2. H. B. Fuller
10.2.1. Company Overview
10.2.2. Company Snapshot
10.2.3. Operating Business Segments
10.2.4. Product Portfolio
10.2.5. R&D Expenditure
10.2.6. Business Performance
10.2.7. Key Strategic Moves and Developments
10.3. Henkel & Co. Kgaa
10.3.1. Company Overview
10.3.2. Company Snapshot
10.3.3. Operating Business Segments
10.3.4. Product Portfolio
10.3.5. R&D Expenditure
10.3.6. Business Performance
10.4. Illinois Tool Works Corporation
10.4.1. Company Overview
10.4.2. Company Snapshot
10.4.3. Operating Business Segments
10.4.4. Product Portfolio
10.4.5. R&D Expenditure
10.4.6. Business Performance
10.5. Jowat AG
10.5.1. Company Overview
10.5.2. Company Snapshot
10.5.3. Product Portfolio
10.6. Ppg Industries
10.6.1. Company Overview
10.6.2. Key Executives
10.6.3. Company Snapshot
10.6.4. Operating Business Segments
10.6.5. Product Portfolio
10.6.6. R&D Expenditure
10.6.7. Business Performance
10.7. Sika AG
10.7.1. Company Overview
10.7.2. Company Snapshot
10.7.3. Operating Business Segments
10.7.4. Product Portfolio
10.7.5. R&D Expenditure
10.7.6. Business Performance
10.7.7. Key Strategic Moves and Developments
10.8. Solvay Sa
10.8.1. Company Overview
10.8.2. Key Executives
10.8.3. Company Snapshot
10.8.4. Operating Business Segments
10.8.5. Product Portfolio
10.8.6. Business Performance
10.9. The Dow Chemical Company
10.9.1. Company Overview
10.9.2. Key Executives
10.9.3. Company Snapshot
10.9.4. Operating Business Segments
10.9.5. Product Portfolio
10.9.6. R&D Expenditure
10.9.7. Business Performance
10.10. 3M
10.10.1. Company Overview
10.10.2. Key Executives
10.10.3. Company Snapshot
10.10.4. Operating Business Segments
10.10.5. Product Portfolio
10.10.6. R&D Expenditure
10.10.7. Business Performance
10.10.8. Key Strategic Moves and Developments
For more information about this report visit https://www.researchandmarkets.com/r/c0yqiw
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article