The North American automotive adhesives market is projected to grow at a significant CAGR of 7.0% during the forecast period (2020-2026). The growth of the North American automotive adhesives market is attributed to the presence of well-established automotive industry in the region. The US is likely to contribute the most to the growth of the market in the North America region. With the growing demand for fuel-efficient vehicles, the automakers are shifting their focus towards the manufacturing of light-weight vehicles and hence3 adopting advance adhesives. Besides, the advent of environmentally-friendly electric vehicles is also supporting the growth of the market over the forecast period.
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The North American 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-wheeler, and commercial vehicle. 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
North America 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
North America Automotive Adhesives Market – Countries Covered
- US
- Canada
The Report covers:
- Comprehensive research methodology of the North American 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 North American automotive adhesives market.
- Insights about market determinants that are stimulating the North American 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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