Pune, India -- (SBWIRE) -- 01/30/2018 -- Market Research Future published a research report on "Global Automotive Adhesives Market Research Report- Forecast 2022" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Automotive adhesives are a lightweight method of joining composites and plastic materials in automotive. Automotive adhesives are majorly used in construction of automotive interior parts and electronics.
One of the key drivers for the growth of automotive adhesives market is the increase in demand of lightweight and Low Carbon Emitting Vehicles which encourages the use of materials such as aluminium for decreasing the weight of automotive, which leads to use of automotive adhesives. The technological advancements in manufacturing of automobiles and the adoption of smart cars is also driving the use of automotive adhesives. The increase in use of average adhesive volume with the increasing complexity in design of vehicles is also driving the growth of the market. However, the growth of this market is expected to be restrained by huge volatility in the prices of raw materials.

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Market Research Analysis

Among all types, Polyurethane is expected to account for the largest share in the automotive adhesives market, owing to its superior properties such as the ability of bonding on different surfaces and UV & heat stability. Polyurethane adhesives are mostly used for the repair and maintenance work in automobiles. They are majorly used where there is requirement of higher efficiency at low operating costs. They possess the characteristics of fast curing, good chemical resistance, optical clarity and others.

APAC region is expected to be the fastest growing region during the forecast period due to huge investments from existing key players in the region. The original equipment manufacturers of the region are working to incorporate lightweight materials in automotive manufacturing to reduce overall weight of the vehicle. For this, their major focus is on use of composite or plastic materials. These materials can only be bonded with the help of adhesives, thereby driving the growth of the automotive adhesives market. High economic growth rate and the increase in demand from end use automotive industry is also driving the growth of the market.

Key Players

The key players of automotive adhesives market are The Dow Chemical Company (U.S.), Henkel (Germany), BASF (Germany), 3M Company (U.S.), Ashland Specialty Chemical Company (U.S.), H.B. Fuller Company(U.S.), Hindustan Adhesives Limited (India), Dynea International Oy (Finland) , Hexion Specialty Chemicals Inc.(U.S) Covalence Specialty Adhesives LLC (U.S.) and others.

Intended Audience:

- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authoritie

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Scope of the Report

This study provides an overview of the global automotive adhesives market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive adhesives market by its type, Application and region.

By Type
o Polyurethane
o Acrylic
o Polyamide
o Others

By Application
o Paint Shop
o Assembly
o Powertrain
o Others

By Region
o North America
o Asia Pacific
o Europe
o Rest of the World

The report for Global Automotive Adhesives Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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