Home / Chemicals / Automotive Adhesive Market By Resin Type (Polyurethane, Epoxy, Acrylic, Silicone, Silyl Modified Polymer (SMP), Polyamide), By Technology (Holt Melt, Solvent Based, Water Based, Pressure Sensitive), By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), By Application (Body In White, Power Train, Paint Shop, Assembly) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Automotive Adhesive Market By Resin Type (Polyurethane, Epoxy, Acrylic, Silicone, Silyl Modified Polymer (SMP), Polyamide), By Technology (Holt Melt, Solvent Based, Water Based, Pressure Sensitive), By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), By Application (Body In White, Power Train, Paint Shop, Assembly) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Published: Dec 2017 | Report Code: 58899-12-17

Adhesives have resistance to humidity, salt, solvents, oil and gasoline. Therefore, these are widely deployed among automotive industry. Adhesives are used to join composites and plastic materials, which forms the major part of vehicle body. Moreover, these adhesives are also used to replace fasteners. Adhesives improve stress distribution and in turn lead to easy joining of dissimilar substrates throughout the vehicle.  On the basis of resin type, the global automotive adhesive market is segmented into polyurethane, epoxy, acrylic, silicone, silyl modified polymer, polyamide and others (phenolic and others).

The growth of the market is significantly driven due to underlying strength in vehicle sales, advancements in manufacturing technologies of automobiles, as well as rising adoption of smart cars. Metallic components of a vehicle are being increasingly substituted with composite materials to achieve light weight and improve overall vehicle efficiency. These composite materials require adhesives, which is further driving the market growth. Additionally, adhesives significantly reduces the noise, vibration, and harshness in vehicles, thus, surging the market growth. Miniaturization and weight reduction are expected to be the key factors affecting the changing technology trends in the market. Automotive adhesives play a vital role in commercial vehicles as they are used in multiple operations such as trash collection, emergency services, etc. In heavy commercial vehicles, these adhesives are being used to avoid water intrusions and leaks. These are used to bond trailer bed and interior bracket to frame. Apart from this, automotive adhesives aid in achieving consistency and integrity throughout the body parts, assembly process, paint line and trim. Thus, automotive adhesives are witnessing rapid adoption owing to its excellent durability coupled with high bond strength which makes it ideal under adverse environmental conditions. However, fluctuating prices of raw material is expected to deter the market to some extent.

In 2016, polyurethane segment accounted for the largest share of more than 35% of the total automotive adhesive market by volume. Growth in industrialization and growing automotive industry coupled with the need of assembling the rubber, glass, metal and plastics together is supplementing the market growth. Furthermore, growing demand for lightweight and low carbon emitting vehicles is further expected to stimulate the demand for adhesives in automotive industry.

The global automotive adhesive market is segmented by geography into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia-Pacific was observed as the largest market for automotive adhesive. It contributed about more than 40% to the total demand of the automotive adhesive during year 2016. The automotive adhesives market of Asia Pacific is expected to account for the highest growth rate during the forecast period. This growth is majorly due to the rapid expansion of manufacturing base in these regions, particularly from economies such as Japan, China and India.

Bostik S.A., Henkel & Co. KGaA, 3M Company, H.B. Fuller, Sika AG, PPG Industries, Illinois Tool Works Corporation, Solvay S.A., Jowat AG, Evonik Industries AG, 3M Inc., Avery Dennison and DSM are few key manufacturers in Automotive Adhesive market.

Automotive Adhesive Market

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Automotive Adhesive Market Portraiture
2.1.1. Global Automotive Adhesive Market, by Resin Type, (US$ Mn) 2016
2.1.2. Global Automotive Adhesive Market, by Technology, (US$ Mn) 2016
2.1.3. Global Automotive Adhesive Market, by Vehicle Type, (US$ Mn) 2016
2.1.4. Global Automotive Adhesive Market, by Application, (US$ Mn) 2016
2.1.5. Global Automotive Adhesive Market, by Geography, (US$ Mn) 2016

Chapter 3. Automotive Adhesive Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Patents Analysis
3.3. Regulation Analysis
3.4. Drivers
3.5. Challenges
3.6. Opportunities
3.7. Porter’s Five Forces Analysis
3.8. Attractive Investment Proposition, by Geography
3.9. Competitive Landscape
3.10. Competitive Landscape, by Key Players, 2016

Chapter 4. Global Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons, US$ Mn)
4.1. Overview
4.2. Attractive Investment Proposition: Global Automotive Adhesive Market, by Resin Type
4.3. Polyurethane
4.4. Epoxy
4.5. Acrylic
4.6. Silicone
4.7. Silyl Modified Polymer (SMP)
4.8. Polyamide
4.9. Others (Phenolic , Rubber)

Chapter 5. Global Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons, US$ Mn)
5.1. Overview
5.2. Attractive Investment Proposition: Global Automotive Adhesive Market, by Technology
5.3. Holt Melt
5.4. Solvent Based
5.5. Water Based
5.6. Pressure Sensitive
5.7. Others (Reactive and Thermosetting)

Chapter 6. Global Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons, US$ Mn)
6.1. Overview
6.2. Attractive Investment Proposition: Global Automotive Adhesive Market, by Type
6.3. Passenger Cars
6.4. Light Commercial Vehicle
6.5. Heavy Commercial Vehicle

Chapter 7. Global Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons, US$ Mn)
7.1. Overview
7.2. Attractive Investment Proposition: Global Automotive Adhesive Market, by Application
7.3. Body in White
7.4. Power Train
7.5. Paint Shop
7.6. Assembly

Chapter 8. Global Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons, US$ Mn)
8.1. Overview
8.2. North America Automotive Adhesive Market Analysis, 2015 – 2025
8.2.1. North America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
8.2.2. North America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
8.2.3. North America Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
8.2.4. North America Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
8.2.5. North America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
8.2.6. North America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
8.2.7. North America Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
8.2.8. North America Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
8.2.9. North America Automotive Adhesive Market, by Country, 2015 – 2025 (US$ Mn)
8.2.9.1. U.S.
8.2.9.2. Canada
8.2.10. North America Automotive Adhesive Market, by Country, 2015 – 2025 (Kilotons)
8.2.10.1. U.S.
8.2.10.2. Canada
8.3. Europe Automotive Adhesive Market Analysis, 2015 – 2025
8.3.1. Europe Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
8.3.2. Europe Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
8.3.3. Europe Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
8.3.4. Europe Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
8.3.5. Europe Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
8.3.6. Europe Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
8.3.7. Europe Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
8.3.8. Europe Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
8.3.9. Europe Automotive Adhesive Market, by Country, 2015 – 2025 (US$ Mn)
8.3.9.1. U.K.
8.3.9.2. Germany
8.3.9.3. France
8.3.9.4. Rest of Europe
8.3.10. Europe Automotive Adhesive Market, by Country, 2015 – 2025 (Kilotons)
8.3.10.1. U.K.
8.3.10.2. Germany
8.3.10.3. France
8.3.10.4. Rest of Europe
8.4. Asia Pacific Automotive Adhesive Market Analysis, 2015 – 2025
8.4.1. Asia-Pacific Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
8.4.2. Asia-Pacific Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
8.4.3. Asia-Pacific Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
8.4.4. Asia-Pacific Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
8.4.5. Asia-Pacific Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
8.4.6. Asia-Pacific Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
8.4.7. Asia-Pacific Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
8.4.8. Asia-Pacific Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
8.4.9. Asia-Pacific Automotive Adhesive Market, by Country, 2015 – 2025 (US$ Mn)
8.4.9.1. Japan
8.4.9.2. China
8.4.9.3. India
8.4.9.4. Rest of APAC
8.4.10. Asia-Pacific Automotive Adhesive Market, by Country, 2015 – 2025 (Kilotons)
8.4.10.1. Japan
8.4.10.2. China
8.4.10.3. India
8.4.10.4. Rest of APAC
8.5. Latin America Automotive Adhesive Market Analysis, 2015 – 2025
8.5.1. Latin America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
8.5.2. Latin America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
8.5.3. Latin America Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
8.5.4. Latin America Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
8.5.5. Latin America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
8.5.6. Latin America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
8.5.7. Latin America Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
8.5.8. Latin America Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
8.5.9. Latin America Automotive Adhesive Market, by Country, 2015 – 2025 (US$ Mn)
8.5.9.1. Brazil
8.5.9.2. Mexico
8.5.9.3. Rest of Latin America
8.5.10. Latin America Automotive Adhesive Market, by Country, 2015 – 2025 (Kilotons)
8.5.10.1. Brazil
8.5.10.2. Mexico
8.5.10.3. Rest of Latin America
8.6. Middle East & Africa (MEA) Automotive Adhesive Market Analysis, 2015 – 2025
8.6.1. Middle East and Africa Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
8.6.2. Middle East and Africa Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
8.6.3. Middle East and Africa Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
8.6.4. Middle East and Africa Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
8.6.5. Middle East and Africa Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
8.6.6. Middle East and Africa Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
8.6.7. Middle East and Africa Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
8.6.8. Middle East and Africa Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
8.6.9. Middle East and Africa Automotive Adhesive Market, by Region, 2015 – 2025 (US$ Mn)
8.6.9.1. GCC
8.6.9.2. Rest of MEA
8.6.10. Middle East and Africa Automotive Adhesive Market, by Region, 2015 – 2025 (Kilotons)
8.6.10.1. GCC
8.6.10.2. Rest of MEA

Chapter 9. Company Profiles
9.1. Bostik S.A.
9.1.1. Business Description
9.1.2. Financial Information (Subject to data availability)
9.1.3. Product Portfolio
9.1.4. Key Developments
9.2. Henkel & Co. KGaA
9.2.1. Business Description
9.2.2. Financial Information (Subject to data availability)
9.2.3. Product Portfolio
9.2.4. Key Developments
9.3. 3M Company
9.3.1. Business Description
9.3.2. Financial Information (Subject to data availability)
9.3.3. Product Portfolio
9.3.4. Key Developments
9.4. H.B. Fuller
9.4.1. Business Description
9.4.2. Financial Information (Subject to data availability)
9.4.3. Product Portfolio
9.4.4. Key Developments
9.5. Sika AG
9.5.1. Business Description
9.5.2. Financial Information (Subject to data availability)
9.5.3. Product Portfolio
9.5.4. Key Developments
9.6. PPG Industries
9.6.1. Business Description
9.6.2. Financial Information (Subject to data availability)
9.6.3. Product Portfolio
9.6.4. Key Developments
9.7. Illinois Tool Works Corporation
9.7.1. Business Description
9.7.2. Financial Information (Subject to data availability)
9.7.3. Product Portfolio
9.7.4. Key Developments
9.8. Solvay S.A.
9.8.1. Business Description
9.8.2. Financial Information (Subject to data availability)
9.8.3. Product Portfolio
9.8.4. Key Developments
9.9. Jowat AG
9.9.1. Business Description
9.9.2. Financial Information (Subject to data availability)
9.9.3. Product Portfolio
9.9.4. Key Developments
9.10. Evonik Industries AG
9.10.1. Business Description
9.10.2. Financial Information (Subject to data availability)
9.10.3. Product Portfolio
9.10.4. Key Developments
9.11. Avery Dennison
9.11.1. Business Description
9.11.2. Financial Information (Subject to data availability)
9.11.3. Product Portfolio
9.11.4. Key Developments
9.12. DSM
9.12.1. Business Description
9.12.2. Financial Information (Subject to data availability)
9.12.3. Product Portfolio
9.12.4. Key Developments
9.13. Other Notable Players

List Of Table :

TABLE 1 Global Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 2 Global Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 3 Global Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 4 Global Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 5 Global Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 6 Global Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 7 Global Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 8 Global Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 9 Global Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 10 Global Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 11 North America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 12 North America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 13 North America Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 14 North America Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 15 North America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 16 North America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 17 North America Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 18 North America Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 19 North America Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 20 North America Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 21 Europe Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 22 Europe Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 23 Europe Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 24 Europe Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 25 Europe Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 26 Europe Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 27 Europe Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 28 Europe Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 29 Europe Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 30 Europe Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 31 Asia-Pacific Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 32 Asia-Pacific Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 33 Asia-Pacific Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 34 Asia-Pacific Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 35 Asia-Pacific Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 36 Asia-Pacific Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 37 Asia-Pacific Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 38 Asia-Pacific Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 39 Asia-Pacific Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 40 Asia-Pacific Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 41 Latin America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 42 Latin America Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 43 Latin America Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 44 Latin America Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 45 Latin America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 46 Latin America Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 47 Latin America Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 48 Latin America Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 49 Latin America Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 50 Latin America Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 51 Middle East and Africa Automotive Adhesive Market, by Resin Type, 2015 – 2025 (US$ Mn)
TABLE 52 Middle East and Africa Automotive Adhesive Market, by Resin Type, 2015 – 2025 (Kilotons)
TABLE 53 Middle East and Africa Automotive Adhesive Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 54 Middle East and Africa Automotive Adhesive Market, by Technology, 2015 – 2025 (Kilotons)
TABLE 55 Middle East and Africa Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (US$ Mn)
TABLE 56 Middle East and Africa Automotive Adhesive Market, by Vehicle Type, 2015 – 2025 (Kilotons)
TABLE 57 Middle East and Africa Automotive Adhesive Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 58 Middle East and Africa Automotive Adhesive Market, by Application, 2015 – 2025 (Kilotons)
TABLE 59 Middle East and Africa Automotive Adhesive Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 60 Middle East and Africa Automotive Adhesive Market, by Geography, 2015 – 2025 (Kilotons)
TABLE 61 Bostik S.A: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 62 Henkel & Co: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 63 KGaA: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 64 3M Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 65 H.B. Fuller: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 66 Sika AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 67 PPG Industries: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 68 Illinois Tool Works Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 69 Solvay S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 70 Jowat AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 71 Evonik Industries AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 72 3M Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 73 Avery Dennison: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 74 DSM: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List Of Figures :

FIG. 1 Automotive Adhesive: Market Segmentation
FIG. 2 Global Automotive Adhesive Market Share, by Resin Type, 2016 (Value %)
FIG. 3 Global Automotive Adhesive from Polyurethane Market, 2015 – 2025 (US$ Mn)
FIG. 4 Global Automotive Adhesive from epoxy Market, 2015 – 2025 (US$ Mn)
FIG. 5 Global Automotive Adhesive from Acrylic Market, 2015 – 2025 (US$ Mn)
FIG. 6 Global Automotive Adhesive from Silicone Market, 2015 – 2025 (US$ Mn)
FIG. 7 Global Automotive Adhesive from SMP Market, 2015 – 2025 (US$ Mn)
FIG. 8 Global Automotive Adhesive from Polyamide Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global Automotive Adhesive from Others Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Automotive Adhesive Market Share, by Technology, 2016 vs. 2025 (Value %)
FIG. 11 Global Automotive Adhesive by Hot Melt Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Automotive Adhesive by Solvent Based Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Automotive Adhesive by water based Market, 2015 – 2025 (US$ Mn)
FIG. 14 Global Automotive Adhesive by pressure sensitive Market, 2015 – 2025 (US$ Mn)
FIG. 15 Global Automotive Adhesive by others Market, 2015 – 2025 (US$ Mn)
FIG. 16 Global Automotive Adhesive Market Share, by Vehicle Type, 2016 (Value %)
FIG. 17 Global Automotive Adhesive in Passenger Cars Market, 2015 – 2025 (US$ Mn)
FIG. 18 Global Automotive Adhesive in Light Commercial Vehicles Market, 2015 – 2025 (US$ Mn)
FIG. 19 Global Automotive Adhesive in Heavy Commercial Vehicles Market, 2015 – 2025 (US$ Mn)
FIG. 20 Global Automotive Adhesive Market Share, by Application, 2016 vs. 2025 (Value %)
FIG. 21 Global Automotive Adhesive in Body in White Market, 2015 – 2025 (US$ Mn)
FIG. 22 Global Automotive Adhesive in Power Train Market, 2015 – 2025 (US$ Mn)
FIG. 23 Global Automotive Adhesive in Paint Shop Market, 2015 – 2025 (US$ Mn)
FIG. 24 Global Automotive Adhesive in Assembly Market, 2015 – 2025 (US$ Mn)
FIG. 25 Global Automotive Adhesive Market, by Geography, 2016 (Value %)
FIG. 26 Attractive Investment Proposition, by Resin Type
FIG. 27 Market Competition Landscape, by Key Players, 2016
FIG. 28 U.S. Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 29 Canada Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 30 Mexico Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 31 U.K. Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 32 Germany Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 33 Spain Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 34 France Automotive Adhesive Market, 2015-2025 (US$ Mn)
FIG. 35 UK Automotive Adhesive Market, 2015-2025 (US$ Mn)
FIG. 36 Rest of Europe Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 37 Japan Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 38 China Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 39 India Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 40 Rest of Asia Pacific Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 41 Brazil Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 42 Rest of Latin America Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 43 GCC Automotive Adhesive Market, 2015 – 2025 (US$ Mn)
FIG. 44 Rest of Middle East and Africa Automotive Adhesive Market, 2015 – 2025 (US$ Mn)

On the basis of its resin type, the global automotive adhesive market is categorized into following segments:

  • Polyurethane
  • Epoxy
  • Acrylic
  • Silicone
  • Silyl Modified Polymer (SMP)
  • Polyamide
  • Others (Phenolic, Rubber)

Automotive Adhesive Market

Polyurethane is expected to accounts for the major share in 2017. Polyurethane based adhesives are widely accepted in end-use applications owing to its flexibility and excellent adhesion. In addition, these adhesives are preferred over their counterparts as they act as fast moisture curing adhesive which leads to reduction in weight of vehicle as well as sound and vibration deadening. In 2016, SMP adhesives segment accounted for the   significant share of the total automotive adhesive market by volume. Rapid rise in manufacturing industry coupled with increased consumer demand for light weight vehicles is expected to cater to the market growth in the coming years. In addition, adhesives have efficiently removed the need for the welding and mechanical rivets in order to bond the different substrates of metal. This has further supplemented the market growth. In addition, certain superior properties of SMP adhesives such as UV and thermal stability has further enhanced the safety standards for automobile manufacturers which in turn is expected to fuel the market in near future.   

On the basis of its technology, the global automotive adhesive market is categorized into following segments:

  • Holt Melt
  • Solvent Based
  • Water Based
  • Pressure Sensitive
  • Others (Reactive and Thermosetting)

Automotive Adhesive Market

Hot melt adhesives are extremely utilized in the auto manufacturing industry as it leads to strong bonding and flexibility of the parts of vehicle in extreme temperature conditions and repeated abrasive motion. Hot melt based adhesives possess superior strength and extreme durability which makes it ideal for use in engine, transmission, batteries and radiators. Since, the body of the car is made up of multiple panels, the manufacturers use high performance hot melt adhesive in order to attach the panels in a safe, flexible, and durable fashion which in turn help to retain the beauty and curves of the vehicle. Therefore, hot melt adhesive segment is expected to grow at a rapid pace approximately a CAGR of 5.3% over the forecast period and is also expected to lead the market till 2025 owing to its property of providing the excellent adhesion with little or no emissions of VOCs. Therefore, the aforementioned factors are expected to augment the overall market growth during the forecast years.

On the basis of vehicle type, the global automotive adhesive market is categorized into following segments:

  • Passenger Vehicle
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

Automotive Adhesive Market

Automotive manufacturers in a bid to build lighter vehicles with more fuel efficient engines to reduce fleet consumption in accordance with legal requirements has led to the utilization of adhesives such as polyurethane and epoxy based adhesives. These adhesive improve crash performance and long term durability of the light as well as heavy commercial vehicles. Passenger cars are expected to grow, at the CAGR of 4.2% owing to the rising sales of passenger cars coupled with development of per capita income of developing countries such as India, China and Brazil. Moreover, medium and heavy duty trucks are used for purposes such as freight movement, towing and off road purposes and therefore require at least 1.2 billion gallons of adhesives so as to bond light weight composites in place of aluminum. This rate of adoption of adhesives is expected to grow rapidly owing to increase in fuel economy regulation which has led to use of more composite and mixed material assemblies, thereby driving the consumption of adhesive per unit of vehicle body.

On the basis of its application, the global automotive adhesive market is categorized into following segments:

  • Body in White
  • Power Train
  • Paint shop
  • Assembly

Automotive Adhesive Market

Automotive adhesives exhibit ideal bonding strength along with reliability primarily for light vehicles that utilize composites. Demand for adhesives have surged as these are being used to join steel to aluminum, steel to fiber panels and sheet molding compound to aluminum. The automotive body contains 40 percent of the weight of the vehicle. The recent trend of deploying adhesives to bond plastics to metal in vehicles have subsequently optimized corrosion resistant, adhesion properties and vibration dampening property of vehicles. Therefore, automotive adhesives find enhanced usage in body in white (BIW) applications as it is the initial stage in vehicle manufacturing in which the main frame of the body vehicle is developed. Moreover, the fuel economy standards set by OEM’s has further lead to the demand of lightweight components such as aluminum, carbon fiber-reinforced polymer in body-in white instead of steel elements owing to which the use of automotive adhesives is gaining traction. Body-in white, segment is therefore, expected to account for approximately half of the market and is expected to maintain its dominance during the forecast period. Furthermore, multiple efforts by industry players to deter the risk of corrosion in underbody of vehicles as an attempt to provide soundless drive these adhesives are mixed with automotive paints & coatings is further surging the automotive adhesives market growth.

Based on geographical distribution, the global automotive adhesive market is segmented into following regions.

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

Automotive Adhesive Market

In 2016, Asia-Pacific was the largest market owing to rapid industrialization, growth in automobile production, rising disposable income and high population. It contributed about more than 45% to the total demand of the automotive adhesive during year 2016. It is also projected to be the fastest growing region. The global shift in production capacity from developed markets to this region stimulates the market growth. In addition, rising purchasing power and economic growth rate of countries such as China and India has supplemented the sales of automotive in this region, consequently driving the automotive adhesives market growth. As per OICA, industry players have adopted a recent trend of selling vehicles at lesser prices for grabbing large pool of customers. This has motivated manufactures such as Toyota Motor Corporation and Honda Motors to shift their production facilities to countries such as China for cheap labor and easy availability of raw materials in order to reduce their production cost. This is further driving the demand for automotive adhesives in this region. Latin America and Middle East & Africa regions are projected to witness below average growth rate during the forecast period of 2017 to 2025.

North America and Europe are expected to witness decent growth rate from 2017 to 2025. Due to economic downturn coupled with the growing utilization of bio-based adhesives majorly in North American and European region has surged the cost of these adhesives. Therefore, fluctuation in prices is expected to deter the market growth to some extent. Also, strict regulations in North America and Europe pertaining to the utilization of hazardous chemicals in manufacturing of adhesives is hampering the overall market growth to some extent.

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