Automotive Adhesive and Sealants Market Report: Global Industry Growth, Share, Size, Trends, Top Companies and Forecast 2026
Category: #reports  By Sachin Pashte  Date: 2020-03-18
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Automotive Adhesive and Sealants Market Report: Global Industry Growth, Share, Size, Trends, Top Companies and Forecast 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. The report provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the passenger vehicles segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2018.

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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.

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. The strong growth in the automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region.

The Report has segmented the global Automotive Adhesive & Sealants market on the basis of source, functionality, application, distribution channel and region:

Automotive Adhesive Resin Type Outlook

  • Epoxy
  • Acrylics
  • Polyurethanes
  • Rubber
  • Polyvinylchloride
  • Silicones
  • Others

Automotive Adhesive Vehicle Type Outlook

  • Passenger Vehicles
  • Commercial Vehicles

Automotive Adhesive Application Outlook

  • Assembly
  • Body in White
  • Paint Shop
  • Powertrain
  • Others

Automotive Adhesive Technology Outlook

  • Hot Melt
  • Pressure Sensitive
  • Solvent Based
  • Water Based
  • Others

Automotive Adhesive Sales Channel Outlook

  • OEM
  • Aftermarket

 

More Details on this Report At: https://www.marketstudyreport.com/reports/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/?utm_source=marketforecasters&utm_medium=TS

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.

Related Report:

Global Automotive Adhesive and Sealants Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Automotive Adhesive and Sealants in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

https://www.marketstudyreport.com/reports/global-automotive-adhesive-and-sealants-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=marketforecasters&utm_medium=TS   

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About Author

Sachin Pashte

Email: [email protected]   

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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