Global Automotive Adhesives
Market Report
2024
Automotive Adhesives Market size is USD 6.78 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.92% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Adhesives market size will be USD 6.78 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.92% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Adhesives Market Sales Revenue 2024 | $ 6.78 Billion |
Global Automotive Adhesives Market Sales Revenue 2030 | $ 8.16 Billion |
Global Automotive Adhesives Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.92% |
Market Split by Resin |
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Market Split by Application |
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Market Split by Vehicle |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Automotive Adhesives industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Adhesives Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The adhesive is a lightweight component used to bond a variety of materials together. The automotive market uses adhesives extensively. Adhesives are essential for structural modules and closures. The utilization of this part considerably lowers the vehicle's weight. Increased lateral, frontal, and rear structural stiffness may lead to improved crash performance. These adhesives also help to lessen roughness, vibration, and noise in the car. The rising trend of lightweight and low-emission automobiles as well as the strong demand for auto adhesives from Asia-Pacific. The emerging economies of Brazil, Mexico, China, India, and others present the biggest growth prospects.
Potential for Autonomous EV Growth to Increase the Demand Worldwide - Autonomous EVs are robotic, self-parking, or driverless electric cars. The optimists conducted a study on localization techniques for autonomous cars in smart cities, and these vehicles should be sufficiently dependable and reasonably priced to replace the majority of human drivers. The expanding breadth of autonomous EVs brings about promising market growth chances. Electric cars that drive themselves are robotic and driverless. They have self-driving capabilities, which are advantageous in smart cities. Autonomous vehicle use is being localized in numerous nations. Asia's heightened need for automobile adhesives leads to a rise in the growth of Automotive Adhesives.
Limitation: Price volatility for raw materials hampering sales. Strict and time-consuming rules and regulations are hampering the growth of Automotive Adhesives.
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In August 2023, Dow announced the introduction of its novel VORANOL CP1100 polyol, intended for application in the manufacturing of superior automobile adhesives.
Top Companies Market Share in Automotive Adhesives Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia-Pacific dominated the market in 2024 and accounted for around 40% of the global revenue. Asia-Pacific dominates the global market for automotive adhesives. The adoption of car fuel efficiency regulations in many nations and the growing attention given by automakers to technology developments are the two main trends observed in the APAC market. Due to the growing automotive industry application sectors, the market meets the increased demand for these materials, which give vehicles safety, rigidity, and design flexibility.
North America stands out as the fastest-growing region in the Automotive Adhesives market due to several compelling reasons. The strong demand for lightweight and fuel-efficient cars, strict government laws governing vehicle emissions, and rising R&D expenditures for innovative adhesive solutions driving the market.
The current report Scope analyzes Automotive Adhesives Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Adhesives Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Adhesives Industry growth. Automotive Adhesives market has been segmented with the help of its Resin, Application Vehicle, and others. Automotive Adhesives market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Automotive Adhesives market.
Resin of Automotive Adhesives analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Adhesives Industry. Request a Free Sample PDF!
According to Cognitive Market Research, assembly dominates the segment. The amount of adhesive used in the automotive sector has increased due to the ongoing developments in vehicles, including the growing use of sensors, multimedia systems, and body panels.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Adhesives Market is witnessing significant growth in the near future.
In 2023, the Polyurethane segment accounted for noticeable share of global Automotive Adhesives Market and is projected to experience significant growth in the near future.
The Body in white segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3M (US) , H.B. Fuller Company (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The automotive adhesives market includes a variety of adhesives used in vehicle manufacturing and maintenance that are intended to improve structural integrity, reduce weight, and increase overall performance. These adhesives are used in a variety of applications, including body assembly, interior components, glass bonding, and electrical assemblies.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Resin | Polyurethane, Epoxy, Acrylics, Silicone, SMP, MMA, Others (polysulfide, rubber, polyamide, and others) |
Application | Body in white, Paint Shop, Assembly, Power Train |
Vehicle | Passenger cars, LCVs, Trucks, Buses, Aftermarket |
List of Competitors | 3M (US), Henkel & Co. KGaA (Germany), H.B. Fuller Company (US), BASF SE (Germany), Bostik (US), Illinois Tool Works Inc. (US), DowDuPont (US), Sika AG (Switzerland), PPG Industries (US), Solvay S.A (Belgium), Jowat AG (Germany), Akzo Nobel N.V. (the Netherlands) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Adhesives. Further deep in this chapter, you will be able to review Global Automotive Adhesives Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Resin Analysis 2019 -2031, will provide market size split by Resin. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Resin Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Vehicle Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Adhesives market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polyurethane have a significant impact on Automotive Adhesives market? |
What are the key factors affecting the Polyurethane and Epoxy of Automotive Adhesives Market? |
What is the CAGR/Growth Rate of Body in white during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Adhesives Market? |
Which region is expected to dominate the global Automotive Adhesives Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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