The burgeoning demand for glue in automotive industry to fix various components is constantly driving the innovations among the adhesive manufacturers. Automotive industry is one of the major consumers of adhesives and the demand from the same is anticipated to surge over the years. This factor is catalyzing the growth of automotive adhesive market.
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*To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Adhesive Market
*To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The “Global Automotive Adhesive Market Analysis to 2027” is a specialized and in-depth study of the automotive adhesive industry with a focus on the global market trend. The report aims to provide an overview of the global automotive adhesive market with detailed market segmentation by type, application, vehicle type, and geography.
Leading Key Players
1. 3M COMPANY
2. THE DOW CHEMICAL COMPANY
3. PPG INDUSTRIES
4. ILLINOIS TOOL WORK CORPORATION
5. HENKEL & CO. KGAA
6. HB FULLER
7. SIKA AG
8. BOSTIK AG
9. SOLVAY S.A.
10. JOWAT AG
The change in the consumer behavior towards lightweight materials, have led the automotive industry to witness significant need for lightweight vehicles. Attributing to this fact, the automobile manufacturers are increasingly procuring adhesives to seal the desired location instead of traditional welding. Another factor bolstering the automotive adhesive market is the rising automobile manufacturing in various developing nations such as India, Japan, South Korea, Mexico and Brazil among others.
The rising automobile manufacturing is demanding increased quantity of adhesives which is propelling the revenue generation stream of automobile adhesive manufacturers, which is helping the automobile adhesive market to grow. However, the low-volume vehicle manufacturers are still reluctant to opt for adhesives and continue with traditional welding process, which is inhibiting the automotive adhesive market to propel over the years.
The global automotive adhesive market is expected to witness high growth during the forecast period. The automotive adhesive market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The automotive adhesive market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive adhesive market based on type, application, and vehicle type. It also provides market size and forecast till 2027 for the overall automotive adhesive market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM).
The automotive adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report on automotive adhesive market analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides region wise exhaustive PEST analysis.
The automotive adhesive market report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.
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Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Automotive Adhesive Market
Chapter 2: Evaluating the leading manufacturers of the global Automotive Adhesive Market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global Automotive Adhesive Market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions