Automotive Adhesive Market Report: Trends, Forecast and Competitive Analysis

Trends, opportunities and forecast in the global automotive adhesive market to 2025 by resin type (epoxy, polyurethane, acrylic and others), vehicle type (passenger car and light commercial vehicle), application (interior and exterior), structure (structural and non-structural), and region (North America, Europe, Asia Pacific, and the Rest of the World).

New York, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Adhesive Market Report: Trends, Forecast and Competitive Analysis" - https://www.reportlinker.com/p05843515/?utm_source=GNW

The future of the global automotive adhesive market looks promising with opportunities in passenger car and light commercial vehicles. The global automotive adhesive market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $11.5 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are increasing demand for lightweight materials in vehicle manufacturing and replacement of mechanical fasteners with adhesives to make vehicles lighter and to meet higher fuel economy requirements.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of composites and lightweight materials in vehicles and new silicone-based electrically conductive adhesives in various automotive applications, and increasing applications of two component polyurethane adhesives. Henkel, 3M, Sika, Arkema, and HB Fuller are the major manufacturer of automotive adhesive.

Automotive adhesive opportunities have evolved through number of stages as presented in figure below:
Evolution of Automotive Adhesive Opportunities

In this market, polyurethane is the largest resin type of automotive adhesive, whereas exterior is largest in application. Growth in various segments of the automotive adhesive market are given below:
Automotive Adhesive Market by Segments

Automotive Adhesive Market By Resin Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Epoxy
• Polyurethane
• Acrylic
• Others

Automotive Adhesive Market By Vehicle Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Passenger Car
• Light Commercial Vehicle

Automotive Adhesive Market By Application [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Interior
• Exterior

Automotive Adhesive Market By Structure [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Structural
• Non-Structural

Automotive Adhesive Market By Region [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• North America
• USA
• Mexico
• Canada
• Europe
• Germany
• Spain
• France
• Russia
• UK
• Italy
• Asia Pacific
• China
• Japan
• India
• South Korea
• Thailand
• The Rest of the World
• Brazil
• Turkey
• South Africa
Some of the automotive adhesive companies profiled in this report include Henkel, 3M, Sika, Arkema, HB Fuller, and others.
The analyst forecasts that polyurethane adhesive will remain the largest segment due to its low price, durability, and performance.
Within this market, adhesives for passenger car will remain the largest segment due to the growth in production of small and compact cars.

Asia Pacific will remain the largest market and it is also expected to witness the highest growth over the forecast period due to growth in automotive industry in China, Japan, India, and other Asian countries.

Some of the features of this report:

• Market size estimates: Automotive adhesive market size estimation in terms of volume (M lbs.) and value ($M) shipment.
• Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by region, resin, vehicle, application, and structure type.
• Segmentation analysis: Automotive adhesive market size by resin, vehicle type, application, and structure in terms of value and volume shipment.
• Regional analysis: Automotive adhesive market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions for automotive adhesive in the automotive adhesive market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape for automotive adhesive in the automotive adhesive market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automotive adhesive market by resin type (epoxy, polyurethane, acrylic and others), vehicle type (passenger car and light commercial vehicle), application (interior and exterior), structure (structural and non-structural), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive adhesive market?
Q.5. What are the business risks and competitive threats in this automotive adhesive market?
Q.6. What are the emerging trends in this automotive adhesive market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the automotive adhesive market?
Q.8. What are the new developments in the automotive adhesive market? Which companies are leading these developments?
Q.9. Who are the major players in this automotive adhesive market? What strategic initiatives are key players pursuing for business growth?
Q.10.
What are some of the competing products in this automotive adhesive market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11.
What M&A activity has occurred in the last 5 years and what has its impact been on the automotive adhesive industry?

Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 247
Market Representation / Units Revenue in US $ Billion and Volume M Ibs
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling

Market Segments By resin type (epoxy, polyurethane, acrylic and others), vehicle type (passenger car and light commercial vehicle), application (interior and exterior), structure (structural and non-structural)
Regional Scope North America, Europ, Asia Pacific, and RoW
Customization 10% Customization Without any Additional Cost
Read the full report: https://www.reportlinker.com/p05843515/?utm_source=GNW

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