The “Global Automotive Adhesive Market Analysis to 2027″ is a specialized and in-depth study of the automotive adhesive industry with a focus on the global market trend. The report aims to provide an overview of the global automotive adhesive market with detailed market segmentation by type, application, vehicle type, and geography.
The burgeoning demand for glue in automotive industry to fix various components is constantly driving the innovations among the adhesive manufacturers. Automotive industry is one of the major consumers of adhesives and the demand from the same is anticipated to surge over the years. This factor is catalyzing the growth of automotive adhesive market.
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The change in the consumer behavior towards lightweight materials, have led the automotive industry to witness significant need for lightweight vehicles. Attributing to this fact, the automobile manufacturers are increasingly procuring adhesives to seal the desired location instead of traditional welding. Another factor bolstering the automotive adhesive market is the rising automobile manufacturing in various developing nations such as India, Japan, South Korea, Mexico and Brazil among others.
Leading Key Players
1. 3M COMPANY
2. THE DOW CHEMICAL COMPANY
3. PPG INDUSTRIES
4. ILLINOIS TOOL WORK CORPORATION
5. HENKEL & CO. KGAA
6. HB FULLER
7. SIKA AG
8. BOSTIK AG
9. SOLVAY S.A.
10. JOWAT AG
The rising automobile manufacturing is demanding increased quantity of adhesives which is propelling the revenue generation stream of automobile adhesive manufacturers, which is helping the automobile adhesive market to grow. However, the low-volume vehicle manufacturers are still reluctant to opt for adhesives and continue with traditional welding process, which is inhibiting the automotive adhesive market to propel over the years.
The global automotive adhesive market is expected to witness high growth during the forecast period. The automotive adhesive market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The automotive adhesive market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive adhesive market based on type, application, and vehicle type. It also provides market size and forecast till 2027 for the overall automotive adhesive market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM).
The automotive adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report on automotive adhesive market analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides region wise exhaustive PEST analysis.
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The automotive adhesive market report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Adhesive Market,
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Automotive Adhesive Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.