The European automotive adhesives market is projected to grow at a CAGR of 6.9% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the transition of the key players towards electric and hybrid vehicles. Also, owing to the stringent emission norms implemented by the government and the shift toward vehicle electrification by the players is supporting the growth of the European automotive adhesives market over the forecast period. Further, the market is expected to witness significant growth owing to the benefits offered by automotive adhesives over traditional metal welding. Automotive adhesives also reduce the noise, harshness, and vibration of the vehicle and offer comfortable driving. Hence, attributing to such factors, the market is estimated to witness growth over the forecast period.
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The European automotive adhesives market is segmented on the basis of resin type, adhesive type, applications, vehicle type, and sales channel. Based on the resin type, the market is segmented as polyurethanes, polyamide, acrylics, silicone, epoxy, SMP, MMA, and others. Based on the adhesive types, the market is segmented as tapes & films, liquid gasket, structural, thread-locks & retainers, and others. Based on the application, the market is segmented as assembly, body in white (BIW), glazing, paint, upholstery, and others. Based on the vehicle type, the market is segmented as passenger vehicles, two-wheelers, and commercial vehicles. By the sales channel, the market is segmented into OEM & auto-ancillaries and aftermarket/retail.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Europe Automotive Adhesives Market – Segmentation
By Resin Type
- Polyurethanes
- Polyamide
- Acrylics
- Silicone
- Epoxy
- SMP
- 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
Europe Automotive Adhesives Market – Countries Covered
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
The Report covers:
- Comprehensive research methodology of the European automotive adhesives market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European automotive adhesives market.
- Insights about market determinants that are stimulating the European automotive adhesives industry.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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