The Global Automotive Adhesives Market report provides key strategies followed by leading industry manufactures and sections of market like product specifications, volume, production value, feasibility analysis, classification based on types and end user applications areas with geographic growth and upcoming advancement. It Cultivates strategic initiatives by understanding the focus areas of prominent companies in the business. The Automotive Adhesives report Study on the product type that is expected to dominate the market and also Study on the regions that are expected to witness fastest growth during the forecast period.
Market Analysis: Global Automotive Adhesives Market
Global Automotive Adhesives Market is expected to rise from its initial estimated value of USD 4.90 billion in 2018 to an estimated value of USD 9.07billion by 2026, registering a CAGR of 8% in the forecast period of 2019-2026.
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This rise in market value can be attributed to the high demand for lightweight and low carbon emitting vehicles
The Automotive Adhesives report pinpoint and estimate vital and diverse types under growth for Automotive Adhesives market. It identifies potential clients or partners in the target regions. It also modifies the portfolio by classifying and examining discontinued schemes and understanding the features of the market. The Automotive Adhesives presents in detail forecast regarding the market’s growth trajectory during the forecast period.
Key Market Competitors:
Few of the major competitors currently working in automotive adhesives market are 3M (US), Bostik (US), Ashland (US), BASF SE (Germany), Bemis Associates Inc(US), DuPont (US), Covestro AG (Germany), EMS-CHEMIE HOLDING AG (Europe), H.B. Fuller Company (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (US), Illinois Tool Works Inc. (US), Permatex (US), LORD Corporation (US). NITTO DENKO CORPORATION (Japan), Royal Adhesives & Sealants (USA), RPM International Inc. (US), Trademark of Dow US), ThreeBond Holdings Co. (US), Wacker Chemie AG (Germany), and others.
- Growing demand from the automotive industry in Asia Pacific, this significant act as a driver for the market.
- Technological advancements in automotive adhesives, this significant act as a driver for the market.
- Volatility in raw material prices, this act as restraints for the automotive adhesives market.
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Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
Global automotive adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive adhesives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global Automotive Adhesives Market
- By Resin Type
- By Vehicle Type
- Passenger Car
- Heavy Trucks
- By Application
- Body in White (BIW)
- Paint Shop
- By Geography
- North America
- South America
- Middle East & Africa
Key Developments in the Market:
- In September 2017, H.B. Fuller Company announced that, they Acquire Royal Adhesives and Sealants, this acquisition accelerates realization of our 2020 strategic objective to focus and grow in engineering adhesives and other highly specified market segments.
In August 2017, Huntsman Corporation announced that they showcase high-performance products designed to address automotive challenges at the Society
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