Pune, India -- (SBWIRE) -- 09/04/2018 -- Market Analysis: Global Automotive Adhesives Market

The Global Automotive Adhesives Market accounted for USD 4.20 billion in 2016 and is projected to grow at a CAGR of 8.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Automotive Adhesives Market, By Resin Type (Polyurethane, Epoxy, Acrylic, Silicone, SMP, Polyamide); By Vehicle Type (Passenger Car, Buses, Heavy Trucks, LCV) By Application (Body in White (BIW), Powertrain, Paint Shop, Assembly) – Industry Trends and Forecast to 2024

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Major Market Drivers:

- High demand for lightweight and low carbon emitting vehicles
- Growing demand from the automotive industry in Asia Pacific
- Technological advancements in automotive adhesives

Market restraint:

- Volatility in Raw Material Prices

Market Definition: Global Automotive Adhesives Market

Adhesives are the most versatile bonding agents available today and are used by automakers to make cars lighter and tougher. Adhesives are made from precise blends of synthetic rubber elastomers, resins and agents or additives used to enhance certain characteristics, depending on the end use. There is a growing demand for adhesives in passenger cars, buses, heavy trucks and LCV vehicles, which is expected to drive the market over the forecast period.

Market Segmentation: Global Automotive Adhesives Market

On the basis of resin type:

- Polyurethane
- Epoxy
- Acrylic
- Silicone
- SMP
- Polyamide
- Others

On the basis of vehicle type:

- Passenger Car
- Buses
- Heavy Trucks
- LCV
- Others

On the basis of application:

- Body in White (BIW)
- Powertrain
- Paint Shop
- Assembly

On the basis of geography:

- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Competitive Landscape:

The global automotive adhesives market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors:

- 3M
- Bondo Corporation
- Arkema Group
- Bostik S.A.
- Ashland Global Holdings Inc.
- BASF SE
- Bemis Associates, Inc.
- Covestro AG
- DuPont
- EMS-Chemie Holding AG
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman Corporation
- Illinois Tool Works, Inc.
- Permatex, Inc.
- Lord Corporation
- Nippon Paint Co., Ltd.
- Nitto Denko Corporation
- Royal Adhesives and Sealants, LLC
- RPM International Inc.
- The Dow Chemical Company
- Dow Corning Corporation
- Three Bond Co., Ltd.
- Transtar Autobody Technologies, Inc.
- Wacker-Chemie AG
- Many more

This report consists of below pages:

- No of pages: 350
- No of Figures: 60
- No of Tables: 220

Frequently Asked Questions:

- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Automotive Adhesives Market?

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