The report “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”,
also the 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 – Industry Trends
and Forecast to 2024
This report consists of below pages:
·
No of pages: 350
·
No of Figures: 60
·
No of Tables: 220
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Report Definition:
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.
Report
Segmentation:
The automotive
adhesives market report is segmented on the basis of resin type into
polyurethane, epoxy, acrylic, silicone, SMP, polyamide and others.
On the basis of vehicle type, the market is
segmented into passenger car, buses, heavy trucks, LCV and others.
On the basis of application, the market is
segmented into body in white (BIW), powertrain, paint shop and assembly.
On the basis of geography, the automotive
adhesives market report covers data points for 28 countries across multiple
geographies such as North America, South America, Europe, Asia-Pacific and
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:
Some of the
major players in Automotive
Adhesives Market include:
·
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 and many more.
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
Research Methodology of Global Automotive Adhesives
Market:
Data collection
and base year analysis is done using data collection modules with large sample
sizes. The market data is analyzed and forecasted using market statistical and
coherent models. Also market share analysis and key trend analysis are the
major success factors in the market report. To know more please request an
analyst call or can drop down your inquiry.
The key research
methodology used by DBMR Research team is data triangulation which involves
data mining, analysis of the impact of data variables on the market, and
primary (industry expert) validation. Apart from this, other data models
include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and
Guide, Company Positioning Grid, Company Market Share Analysis, Standards of
Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more
about the research methodology, drop in an inquiry to speak to our industry
experts.
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