The global automotive adhesives market is anticipated to grow at a CAGR of 7.4% during the forecast period (2023-2029). Automotive Adhesives Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Automotive Adhesives Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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Amongst the applications segment of the market, the assembly segment is anticipated to hold a substantial share in the global automotive adhesives market. The segmental growth of the market is accredited to the increased enhancements in automobiles including the integration of infotainment systems, high usage of sensors, and body panels. Owing to this, the amount of adhesive used in the assembly of this equipment in the vehicle’s body has increased across the industry. Besides, for the automotive assemblies, the companies operating in the market are manufacturing rood liner adhesives, window sealants, and trim adhesives which are widely being adopted in automotive assemblies, which further supports the growth of the market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Adhesives Market – Segmentation
By Resin Type
- Polyurethanes
- Polyamide
- Acrylics
- Silicone
- Epoxy
- SMP
- MMA
- Others
By Adhesive Type
- Tapes & Films
- Liquid Gasket
- Structural
- Thread-Locks & Retainers
- Others
By Application
- Assembly
- Body in White (BIW)
- Glazing
- Paint
- Upholstery
- Others
By Application
- Passenger Vehicle
- Two-Wheeler
- Commercial Vehicle
By Sales Channel
- OEM & Auto-Ancillaries
- Aftermarket/Retail
Global Automotive Adhesives Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive adhesives market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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