Uploaded on Jul 10, 2020
Automotive Adhesive and Sealants Market
Automotive Adhesive and Sealants Market
Automotive Adhesive and
Sealants Market
Set to Exceed $7.01 Billion By 2026 | CAGR 6.9%
“Automotive Adhesive and Sealants Market Share, Size,
Trends & Industry Analysis Report By Resin Type (Epoxy,
Acrylics, Polyurethanes, Rubber, Polyvinylchloride,
Silicones); By Technology (Hot Melt, Pressure Sensitive); By
Vehicle Type; By Sales Channel; By Regions and Segment
Forecast, 2019 – 2026”
Automotive Adhesive and Sealants Market Estimate & Forecast to 2026
The global automotive adhesives & sealants market is estimated to reach USD 7.01 billion
by 2026 growing at a CAGR of 6.9% during the forecast period, according to a new study
published by Polaris Market Research.
The increase in the demand for light weight passenger vehicles, and growth in global
automotive industry majorly drives the market growth. The increasing need to enhance
vehicle performance and reduce noise and vibration of vehicles along with increasing
modernization of vehicles supports the market growth. The growing demand for vehicles
from emerging economies further increases the application of automotive adhesive. The
rising penetration of electric and hybrid vehicles, growing adoption of sustainable adhesives,
and introduction of government regulations accelerate the market growth. New emerging
markets, increasing adoption of bio-based adhesives, and technological advancements
would provide growth opportunities in the Automotive Adhesive & Sealants Industry in the
coming years.
Asia-Pacific generated the highest market share in the global Automotive Adhesive &
Sealants Industry during 2018. The growing urbanization, and rising population has
accelerated the market growth in the region. The introduction of vehicular regulations and
growing penetration of electric and hybrid vehicles increase the adoption of automotive
adhesive in the region. TChopeyri ghts ©t Prolarnis gMa rkegt Rreosewarcthh & Coinnsul tingt hLLPe 2 01a8. uAllt Roighmts Roetseirved industry, technological 2
advancements, and high investment in R&D are factors expected to drive the market growth
in the region..
Automotive Adhesive and Sealants Market Scope
By Resin By Vehicle By Application By Technology By Sales By Region
Type Type Channel
•Epoxy • Boxes and •Assembly •North America (U.S., •Hot Melt •OEM
•Acrylics Containers •Body in White Canada)•Pressure •Aftermarket
•Polyurethanes • Passenger •Paint Shop •Europe (Germany, UK, Sensitive
•Rubber Vehicles •Powertrain France, Italy, Spain)•Solvent Based
•Polyvinylchlor • Commerci •OthersNorth America (U.S., Canada) •Asia Pacific (China, India, •Water Based
ide al Vehicles •Europe (Germany, UK, France, Italy, Spain) Japan, South Korea)•Others
•Silicones •Asia Pacific (China, India, Japan, South •Latin America (Brazil,
•Others Korea) Mexico, Colombia)
•Latin America (Brazil, Mexico, Colombia) •MEA (Saudi Arabia, South
•MEA (Saudi Arabia, South Africa, Israel, UAE) Africa, Israel, UAE)
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Automotive Adhesive and Sealants Market Estimate & Forecast to 2026
The economic growth in countries such as China, Japan, and India, rising living standards,
and growing disposable income further increase the demand of automobiles in Asia-Pacific.
Expansion of global players into these countries to tap market potential boosts the growth
of the Automotive Adhesive & Sealants Market. Technological advancements and
established R&D institutes in China and Japan further supports the market growth.
Access Research Report On Automotive Adhesive and Sealants Market
The well-known companies profiled in the report include The DOW Chemical Company,
Henkel & Co. KGaA, 3M Company, Solvay S.A., Sika AG, Franklin Adhesives and Polymers,
BASF SE, Evonik Industries AG, Illinois Tool Works Corporation, and Bostik S.A. These
companies are consistently launching new products to enhance their offerings in the
market. With the advancement of technologies, companies are innovating and introducing
new customized products to cater the growing needs of the customers. Leading companies
are also acquiring other companies, and enhancing their product offerings to improve their
market reach. Acquisitions enable key players to increase their market potential in terms of
geographic expansion and expansion of customer base.
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Automotive Adhesive and Sealants Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
Web: www.polarismarketresearch.com
Official Blog: http://polarismarketresearch.blogspot.com/
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