Automotive Adhesives Market to Perceive Substantial Growth during 2018-2023
The report “ Automotive Adhesives Market” The quick adoption of advanced analytics and visualization, and the expand use of outward data sources are the major drivers of the Automotive Adhesives Market. The report high point, potential growth opportunities in the coming years and covers a review of the market drivers, growth measure, competitive landscape, market dynamics, opposition and other Automotive Adhesives feature to the Automotive Adhesives Market.
Global Automotive Adhesives Market overview:
The report of global Automotive Adhesives Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report lets you have an edge across the targeted regions with the comprehensive competitive framework. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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The growth of the Automotive Adhesives Market is driven by strong vehicle sales, technological advancements in manufacturing of automobiles, adoption of smart cars, rise in demand for sports utility vehicle and crossover utility vehicles. More stringent regulations concerning carbon dioxide emissions drives demand for light weighting of vehicles, Improvement in fuel efficiency of Automobiles and providing enhanced performance are key driving factors behind the advancement of adhesives in the automotive industry. Water based Adhesives are gaining a distinction in the Adhesives market for being environment friendly. Also, silicone based Adhesives are being developed because of their diverse characteristics in applications.
Adhesives and sealants are the most versatile bonding agents used to make cars lighter and tougher. Adhesives are made from precise blends of resins and agents, additives used to enhance certain characteristics, depending on the end use. In automotive market, adhesives are used to manufacture engines, body components, gear boxes, safety systems, seat systems and sub-assemblies. It also helps to cut down on noise, vibration and other harshness characteristics. The global automotive adhesive market is expected to expand at a CAGR of 5.4%, leading to global revenue of USD 5.45Bn by 2023.
The Automotive Adhesives Market is expected to witness sustained growth over the forecast period (2018-2023). The growth of the Automotive Adhesives market is driven as there is favourable growth in the industry is a major factor which will boost the global Automotive Adhesives market. The global Automotive Adhesives Market consists of a large pool of players. Vendors in this market are seen focusing on development of novel marketing strategies and ideas in order to carve a niche position for themselves. Prominent focus is being put towards the launch of new products, create a brand reputation, and gain a strong foothold in the global Automotive Adhesives Market.
The Automotive Adhesives Market is segmented based on Type of Resin (Polyurethane, Epoxy, Acrylic, Silicone, Silyl Modified Polymer, Polyamide and others), Technology (Hot Melt, Water Based, Solvent Based, Pressure Sensitive), Vehicle (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) and Applications (White Body, Power Train, Paint Shop).
The changing technology of automotive adhesives means manufacturers must keep up with the trends in the market. It not only gets affected with the change in trends of adhesives but also market of automotive industry.
The key players operating in this market are Sika AG (Switzerland), The Dow Chemical Company (U.S.), Bayer (Germany), Henkel (Germany), BASF (Germany), 3M Company (U.S.), Ashland Specialty Chemical Company (U.S.), H.B. Fuller Company(U.S.), Hindustan Adhesives Limited (India), ExxonMobil Chemical Company (U.S) , Dynea International Oy (Finland) , Forbo Adhesives Switzerland (Switzerland), Hexion Specialty Chemicals (U.S) and Covalence Adhesives (U.S.), etc
Market segment by Regions/Countries, this report covers: Asia-Pacific is the fastest growing region for the automotive adhesives industry due to growing demand in South Korea, Japan, Malaysia, Vietnam, China, Australia and India. this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, Automotive Adhesives data from 2018 to 2023.
Automotive Adhesives Questions Answered in this Report:
- What will the Automotive Adhesives Market size be in 2023?
- What are the Key factors driving the Global Automotive Adhesives Market?
- What are the challenges to market growth?
- Who are the Key players in the Global Automotive Adhesives Market?
- What are the market opportunities and threats faced by the Automotive Adhesives players?
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Contents:
Global Automotive Adhesives Market Report 2018
There are 12 Chapters to thoroughly display the Automotive Adhesives Market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data.
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary
Chapter 2: Automotive adhesive market market overview
2.1. Global market overview market trends, market attractiveness analysis, geography-wise market revenue (USD)
2.2. Global market drivers and challenges
2.3. Value chain analysis automotive adhesives market
2.4. Porters Five Forces analysis
2.5. Market segmentation on the basis of type of resin (polyurethanes, epoxy, silicone, others)
2.5. a. Polyurethanes revenue – Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. b. Epoxy revenue – Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. c. Silicone revenue – Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. d. Others revenue – Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.6. Market segmentation on the basis of technology (hot melt, water based, solvent based)
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