Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Dec 9, 2019 10:00 AM ET

Significant Opportunities in the Automotive Adhesives Market




iCrowd Newswire - Dec 9, 2019

According to the new market research report Automotive Adhesives Market by Resin (Polyurethane, Epoxy, Acrylic, Silicone, SMP, MMA), Application (Body in White, Paint Shop, Assembly, Powertrain), Vehicle Type (Passenger Car, LCV, Truck, Bus, Aftermarket), and Region – Global Forecast to 2024″, The market is projected to reach USD 10.7 billion by 2024 at a CAGR of 5.7% during the forecast period.

Don’t miss out on business opportunities in Automotive Adhesives Market

Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=36961165

The automotive adhesives market is projected to grow from USD 8.1 billion in 2019 to USD 10.7 billion by 2024, at a CAGR of 5.7%, between 2019 and 2024. The Asia Pacific automotive adhesives market is expected to witness significant growth due to the rising requirements for automobiles in the region and shift of production bases of various automobile manufacturers to the region.

Based on applications, the assembly segment in the automotive adhesives market is projected to grow at the highest CAGR during the forecast period, 2019 to 2024. The assembly segment is expected to grow at a higher rate due to the increasing demand for increasing sensors, infotainment systems, interior trims. Automotive adhesives offer excellent adhesion, superior durability, chemical & temperature resistance, and lower shrinkage in bonding wind turbines.

Browse and in-depth TOC on “Automotive Adhesives Market – Global Forecast to 2024”

110 – Tables
43 – Figures
194 – Pages

View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-adhesive-market-36961165.html

The automotive adhesives market is projected to grow from USD 8.1 billion in 2019 to USD 10.7 billion by 2024, at a CAGR of 5.7% between 2019 and 2024. APAC is the largest consumer of automotive adhesives. Automotive adhesives improve the aesthetic appeal of end products as bolts, rivets, and welds are not required to be used, and thus making these viable for numerous applications involving assembly line, body in white and others.

The key market players are Henkel (Germany), Arkema (Bostik) (France), 3M (US), Dupont (US), H.B. Fuller (US), Sika (Switzerland), and Huntsman (US). These players have adopted various strategies, such as new product launch and merger & acquisition between 2014 and 2019, to enhance their market shares and expand their global presence.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36961165

Henkel is one of the leading solution providers for adhesives, sealants, and functional coatings. The company has three business segments, namely, adhesive technologies, laundry & home care, and beauty care. The company manufactures automotive adhesives under its adhesive technologies segment. Henkel is a leader in the adhesives industry. It has a strong network for distributing and manufacturing adhesives with 135 production sites to meet the changing demands of the automotive adhesives industry, worldwide. The company continuously focuses on its organic & inorganic growth.

Sika is a specialty chemical company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and the motor vehicle industry. It operates through two business segments, namely, construction and industry. The company offers automotive adhesives under industry segment.

Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-adhesive-market.asp
Visit Our Website: https://www.marketsandmarkets.com

 

 



Contact Information:

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]






Keywords:    Automotive Adhesives Market, Automotive Adhesives

Tags:    Extended Distribution, Wire, Research Newswire, English