The Automotive Adhesive Market Size was valued at USD 4.79 Billion in 2023. It is estimated to reach USD 7.52 Billion by 2031 and grow at CAGR 5.8% over the Forecast period 2024-2031. The Automotive Adhesives industry is examined in depth in this research paper. Consumption quantities, production sites and volumes, import export analysis, price trend analysis, raw material cost, and downstream and upstream value chain analysis are some of the major indicators utilized to forecast the market scenario for individual regional markets. The presence and availability of global brands, as well as the challenges they encounter due to large or scarce competition from local and domestic brands, and the influence of the COVID-19 pandemic, are all taken into account when offering forecast analysis of the nation data.
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The major key players listed in the Automotive Adhesives market are
l Henkel & Co. KGaA
l Akzo Nobel N.V.
l BASF SE
l Illinois Tool Works Inc.
l DowDuPont, Bostik
l Fuller Company
l Sika AG
l PPG Industries
l Solvay S.A
l Jowat AG
Market Segmentation
The study segments the Automotive Adhesives Market by application, end-user, and geography to provide a thorough view of the industry. In light of present and future market trends, each category has been thoroughly researched. A market segmentation section of the study also describes the feasibility of new projects that could succeed in the global market in the near future, as well as an in-depth market segmentation that describes the global market's broad scope and the feasibility of investments in various market segments.
Market segmentation
By Resin Type:
Polyurethane
Epoxy
Acrylics
Silicone
SMP
MMA
Others (polysulfide, rubber, polyamide, and others)
By Technology
Hot melt
Solvent Based
Water based
Pressure Sensitive
Others (Reactive and Thermosetting)
By Application:
Body in white
Paint Shop
Assembly
Power Train
By Vehicle Type:
Passenger cars
LCVs
Trucks
Buses
Aftermarket
Competitive Outlook
This Automotive Adhesives study covers acquisitions and mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and geographic growth on a worldwide and regional basis. Technology-based studies to market portfolio strategies are all examples of competitive analysis of a target market. We can add as many competitors as you want for competitive analysis to match your specific demands. Our analysts can also supply raw Excel files, pivot tables, and help with creating presentations based on the report's data sets.
Reasons to Buy the Automotive Adhesives Market Report
This study gives a precise projection of each segment's contribution to the Automotive Adhesives market's growth, as well as actionable market insights on COVID-19's impact on each segment. An examination of the elements that will drive market expansion in the next years. This gives the report a distinct perspective and overview of the research's worldwide dimensions, facilitating precise and proper decision-making. Our strategic insights are designed to deliver dependable and practical replies to market players' individual needs.
Key highlights of the Automotive Adhesives market report
· The current and future implications of key market drivers, restraints, trends, and opportunities are also explored.
· Detailed information on the top market players, as well as an in-depth study of the industry's competitive position.
· Market research encompasses market dynamics, market intelligence, as well as present and prospective market trends.
· The study also looks at the micro economic and macroeconomic influences on the worldwide market.
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