Structural adhesives are used in several materials due to their high peel and high strength. Automotive help in the replacement of mechanical fasteners and welds, which improves the durability and strength of the vehicle. Structural adhesives enable weight reduction, enhance manufacturing speed and fuel efficiency. The Global Automotive Structural Adhesives Market was valued 4.8 billion USD in 2018 and is forecast to have a growth rate of 4.4% from 2017 to 2027.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Automotive Structural Adhesives market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Automotive Structural Adhesives business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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The advantageous product features like enhancement in fuel efficiency, less carbon emission, and reducing vehicle weight are estimated to be the key factors driving the market’s growth. These are now used as a replacement for metal joints, which has increased automotive structural adhesives demand from the automobile industry. Government rules supporting the inclusion of lightweight and fuel-efficient vehicles are also a major contributor to this market’s growth.
The Asia Pacific accounted for the largest share of 53% of the automotive structural adhesives market in 2018. The driving factor behind the growth rate is the technological innovation and manufacturing. Latin America, Middle East, and Africa are expected to witness a high growth rate in the forecasted period. There is a vast scope for emerging manufacturers in this region. Regions like Europe and North America are projected to slower growth rate as compared to other regions due to tremendous drop in the production of automobile in these regions.
The global Automotive Structural Adhesives market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Automotive Structural Adhesives market are listed below:
Henkel, B. Fuller, Sika AG, Dow, Arkema Group, Others.
By Type (Revenue, USD Million; Volume in Tons, 2017–2027)
By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)
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Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Automotive Structural Adhesives Market Segmentation & Impact Analysis
Chapter 5. Automotive Structural Adhesives Market, By Type Insights & Trends
Chapter 6. Automotive Structural Adhesives Market, By Application Insights & Trends
Chapter 7. Automotive Structural Adhesives Market, By End Use Insights & Trends
Chapter 8. Automotive Structural Adhesives Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
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