Automotive Adhesives Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Automotive Adhesives Market is anticipated to grow at a CAGR of 7.4% during the forecast period. The key factors that drive the growth of the market include the increased demand for light-weight vehicles, increased demand for fuel-efficiency, along with lower carbon emissions. This has raised the adoption of automotive adhesives in the sector and replaced the welding & metal joints with adhesives. 

Besides, several government initiatives for boosting the overall manufacturing of lightweight vehicles are also one of the major factors that drive the growth of the market, as these vehicles have low carbon emissions and are fuel-efficient. Using modern and advanced adhesives in the automobile can reduce the weight of an automobile by around 15.0%, as per Henkel AG & Co., KGaA, one of the leading players in the market. Hence, the manufacturing of lightweight vehicles is likely to enhance the overall adhesives consumption for various applications in the industry and turn contribute to the market growth over the forecast period. 

To Request a Sample of our Report on Automotive Adhesives Market:  https://www.omrglobal.com/request-sample/automotive-adhesives-market

Automotive Adhesives Market Segmentation

By Resin Type

·        Polyurethanes

·        Polyamide

·        Acrylics

·        Silicone

·        Epoxy

·        SMP (Silyl-Modified Polymer)

·        MMA (Methyl Methacrylate)

·        Other Resins

By Adhesive Type

·        Tapes & Films

·        Liquid Gasket

·        Structural

·        Thread-Locks & Retainers

·        Other Adhesive Type

By Applications

·        Assembly

·        Body in White (BIW)

·        Glazing

·        Paint 

·        Upholstery

·        Other Application

By Vehicle Type

·        Passenger Vehicle

·        Two-Wheeler 

·        Commercial Vehicle

By Sales Channel 

·        OEM (Original Equipment Manufacturer) & Auto-ancillaries 

·        Aftermarket/Retail

A full Report of Automotive Adhesives Market is Available @  https://www.omrglobal.com/industry-reports/automotive-adhesives-market

Regional Analysis

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

Company Profile

·        3M Co.

·        Akzo Nobel NV

·        Arkema SA

·        Ashland Global Specialty Chemicals Inc. 

·        Avery Dennison Corp.

·        BASF SE

·        Cattie Adhesives

·        Dow Inc.

·        Franklin International Inc.

·        H.B. Fuller Co.

·        Henkel AG & Co., KGaA

·        Hernon Manufacturing, Inc.

·        Huntsman International LLC

·        Illinois Tool Works Inc. (ITW Performance Polymers)

·        Jowat SE

·        LORD Corp.

·        PPG Industries, Inc.

·        Sika AG

·        Solvay SA

·        Tremco Illbruck (RPM International Inc.)

·        Wacker Chemie AG

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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