Global Automotive Adhesive Market Size, Share, Trends, Growth, Regional Outlook and Forecast 2025 - Credence Research

The demand for automotive adhesive has grown globally owing to increased use of composites, as these adhesives are used to fix composites material in vehicles

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Market Insights

The demand for automotive adhesive has grown globally owing to increased use of composites, as these adhesives are used to fix composites material in vehicles. Composites offers various benefits such as reduce weight of vehicle, enhances fuel economy along with maintaining the comfort, corrosion resistance and sound absorption. Polyurethane adhesive is the most preferred adhesives type, offers certain advantages to automobile designers and manufacturers in designing seating that can be easily assembled, disassembled and recycled. Moreover, polyurethane based adhesives are also utilized in production of headlights, signal lights, tail lights and to bond bumpers onto the vehicle. The growth of rapidly expanding auto industry which is also driven by favorable government norms coupled with increasing investments are further bolstering the market growth.

The automotive adhesives are being increasingly demanded by automotive industry as a substitute to welding components for both original equipment and repair applications. further bolster the market demand. These adhesives are also widely utilized in bonding composite hoods and roofs on sports cars. In 2016, body in white segment accounted for more than 45% of the total automotive adhesive market by volume.

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Bostik S.A., Henkel & Co. KGaA, 3M Company, H.B. Fuller, Sika AG, PPG Industries, Illinois Tool Works Corporation, Solvay S.A., Jowat AG, Evonik Industries AG, 3M Inc., Avery Dennison and DSM are few key manufacturers in automotive adhesive market.

Key Trends:

Rise in demand for lightweight vehicles and passenger cars
Shifting consumer preference towards the use of sustainable adhesives
Water based adhesives is projected to grow at a rapid pace in the upcoming years
Developing demand from end users in Asia-Pacific is the key driver of the global automotive adhesives market


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Media Contact

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US

Ph: 1-800-361-8290

E-mail: sales(at)credenceresearch.com

Web: http://www.credenceresearch.com

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Date: 12/20/2017 - 05:57
Language: English
News-ID 1530765
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