According to Stratistics MRC, the Global Automotive Adhesives and Sealants Market is accounted for $9,777.43 million in 2019 and is expected to reach $17,830.96 million by 2027 growing at a CAGR of 7.8% during the forecast period. Some of the key factors propelling the market growth include growing demand for lightweight vehicles, stringent environment regulations, increasing vehicle production, increasing R&D activities, and increasing demand for materials including adhesives sealants. However, volatility in raw material prices is likely to hamper the market.
Automotive adhesives and sealants are resources used for bonding and sealing applications in the automotive sector. Such materials are designed to improve performance, reliability, safety, comfort, and ease to users. These are used extensively from small components such as sensors to large components such as vehicle chassis. They are mostly used in place of welding as it reduces the weight of the vehicles and increasing fuel efficiency. Adhesives offers higher tensile and shear strength and sealants provide great flexibility, which makes them preferable for various bonding and holding applications.
By type, polyurethane is the most widely used resin for producing automotive adhesives and sealants. They are thermosetting polymers, which do not melt when heated. Polyurethane polymers are formed by the reaction of isocyanate and polyol. Polyurethane adhesives are the most commonly used adhesives, which provide extremely strong bonding. Furthermore, they provide good resistance against heat, moisture, and chemicals. They are flexible and durable, as well as provide good impact resistance.
On the basis of geography, the Asia Pacific region is expected to have considerable market growth during the forecast period, owing to increasing automotive production along with the advancement of adhesives in the automotive sector. Emerging economies such as India and China are estimated to offer significant growth opportunities owing to manufacturers are focusing to produce eco-friendly and fast curing adhesives from bio-based and renewable resources, which is anticipated to fuel industry growth.
Some of the key players in automotive adhesives and sealants market include Arkema Group, Avery Dennison Corp, H.B. Fuller, Henkel Ag Co., Kgaa, 3M, Illinois Tool Work Corporation, Jowat Ag, Royal Adhesive Sealant, Rpm International Inc, Bostik SA, Cytec Industries, Inc, Dowdupont, The Reynolds Co, Pidilite Industry Ltd, Ppg Industry, Tesa Se, Hexion, Huntsman Corp, Sika Ag, and BASF.
Types Covered:
- Acrylics
- Rubber
- Epoxy
- Polyvinylchloride
- Polyurethanes
- Hot Melts
- Silicones
- Styrenic Block
- Ethylene-Vinyl Acetate
- Polyvinyl Acetate
Applications Covered:
- Under-The-Hood & Power Train
- Assembly
- Body in White
- Paint Shop
- Exterior
- Interior
- Electronics
- Automotive Running System
- Auto Repair
Functions Covered:
- Noise, Vibration & Harshness (NVH)
- Sealing/Protection
- Bonding
Technologies Covered:
Vehicle Types Covered:
- Light Commercial Vehicles (LCV)
- Passenger Cars
- Heavy & Medium Duty Commercial Vehicles (H/MCV)
Products Covered:
- Pressure Sensitive
- Chemically Curing
- Physically Hardening
Sales Channels Covered:
End Users Covered:
- IT & Telecom
- Transaction Intelligence
- Consumer Services
- Banking Financial Services, and Insurance
- Healthcare and Life Science
Regions Covered:
- North America
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Technology Analysis
- 3.8 Product Analysis
- 3.9 End User Analysis
- 3.10 Emerging Markets
- 3.11 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Automotive Adhesives and Sealants Market, By Type
- 5.1 Introduction
- 5.2 Acrylics
- 5.3 Rubber
- 5.4 Epoxy
- 5.5 Polyvinylchloride
- 5.6 Polyurethanes
- 5.7 Hot Melts
- 5.8 Silicones
- 5.9 Styrenic Block
- 5.10 Ethylene-Vinyl Acetate
- 5.11 Polyvinyl Acetate
6 Global Automotive Adhesives and Sealants Market, By Application
- 6.1 Introduction
- 6.2 Under-The-Hood & Power Train
- 6.3 Assembly
- 6.4 Body in White
- 6.4.1 Non-structural
- 6.4.2 Structural
- 6.4.3 Semi-structural
- 6.5 Paint Shop
- 6.6 Exterior
- 6.7 Interior
- 6.8 Electronics
- 6.9 Automotive Running System
- 6.10 Auto Repair
7 Global Automotive Adhesives and Sealants Market, By Function
- 7.1 Introduction
- 7.2 Noise, Vibration & Harshness (NVH)
- 7.3 Sealing/Protection
- 7.4 Bonding
8 Global Automotive Adhesives and Sealants Market, By Technology
- 8.1 Introduction
- 8.2 Sealant
- 8.3 Adhesive
- 8.3.1 Solvent-borne
- 8.3.2 Reactive
- 8.3.3 Water-borne
9 Global Automotive Adhesives and Sealants Market, By Vehicle Type
- 9.1 Introduction
- 9.2 Light Commercial Vehicles (LCV)
- 9.3 Passenger Cars
- 9.4 Heavy & Medium Duty Commercial Vehicles (H/MCV)
10 Global Automotive Adhesives and Sealants Market, By Product
- 10.1 Introduction
- 10.2 Pressure Sensitive
- 10.3 Chemically Curing
- 10.4 Physically Hardening
11 Global Automotive Adhesives and Sealants Market, By Sales Channel
- 11.1 Introduction
- 11.2 Aftermarket
- 11.3 OEM
12 Global Automotive Adhesives and Sealants Market, By End User
- 12.1 Introduction
- 12.2 IT & Telecom
- 12.3 Transaction Intelligence
- 12.4 Consumer Services
- 12.5 Banking Financial Services, and Insurance
- 12.6 Healthcare and Life Science
13 Global Automotive Adhesives and Sealants Market, By Geography
- 13.1 Introduction
- 13.2 North America
- 13.2.1 US
- 13.2.2 Canada
- 13.2.3 Mexico
- 13.3 Europe
- 13.3.1 Germany
- 13.3.2 UK
- 13.3.3 Italy
- 13.3.4 France
- 13.3.5 Spain
- 13.3.6 Rest of Europe
- 13.4 Asia Pacific
- 13.4.1 Japan
- 13.4.2 China
- 13.4.3 India
- 13.4.4 Australia
- 13.4.5 New Zealand
- 13.4.6 South Korea
- 13.4.7 Rest of Asia Pacific
- 13.5 South America
- 13.5.1 Argentina
- 13.5.2 Brazil
- 13.5.3 Chile
- 13.5.4 Rest of South America
- 13.6 Middle East & Africa
- 13.6.1 Saudi Arabia
- 13.6.2 UAE
- 13.6.3 Qatar
- 13.6.4 South Africa
- 13.6.5 Rest of Middle East & Africa
14 Key Developments
- 14.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 14.2 Acquisitions & Mergers
- 14.3 New Product Launch
- 14.4 Expansions
- 14.5 Other Key Strategies
15 Company Profiling
- 15.1 Arkema Group
- 15.2 Avery Dennison Corp
- 15.3 H.B. Fuller
- 15.4 Henkel Ag Co., Kgaa
- 15.5 3M
- 15.6 Illinois Tool Work Corporation
- 15.7 Jowat Ag
- 15.8 Royal Adhesive Sealant
- 15.9 Rpm International Inc
- 15.10 Bostik SA
- 15.11 Cytec Industries, Inc
- 15.12 Dowdupont
- 15.13 The Reynolds Co
- 15.14 Pidilite Industry Ltd
- 15.15 Ppg Industry
- 15.16 Tesa Se
- 15.17 Hexion
- 15.18 Huntsman Corp
- 15.19 Sika Ag
- 15.20 BASF
List of Tables
- Table 1 Global Automotive Adhesives and Sealants Market Outlook, By Region (2018-2027) ($MN)
- Table 2 Global Automotive Adhesives and Sealants Market Outlook, By Type (2018-2027) ($MN)
- Table 3 Global Automotive Adhesives and Sealants Market Outlook, By Acrylics (2018-2027) ($MN)
- Table 4 Global Automotive Adhesives and Sealants Market Outlook, By Rubber (2018-2027) ($MN)
- Table 5 Global Automotive Adhesives and Sealants Market Outlook, By Epoxy (2018-2027) ($MN)
- Table 6 Global Automotive Adhesives and Sealants Market Outlook, By Polyvinylchloride (2018-2027) ($MN)
- Table 7 Global Automotive Adhesives and Sealants Market Outlook, By Polyurethanes (2018-2027) ($MN)
- Table 8 Global Automotive Adhesives and Sealants Market Outlook, By Hot Melts (2018-2027) ($MN)
- Table 9 Global Automotive Adhesives and Sealants Market Outlook, By Silicones (2018-2027) ($MN)
- Table 10 Global Automotive Adhesives and Sealants Market Outlook, By Styrenic Block (2018-2027) ($MN)
- Table 11 Global Automotive Adhesives and Sealants Market Outlook, By Ethylene-Vinyl Acetate (2018-2027) ($MN)
- Table 12 Global Automotive Adhesives and Sealants Market Outlook, By Polyvinyl Acetate (2018-2027) ($MN)
- Table 13 Global Automotive Adhesives and Sealants Market Outlook, By Application (2018-2027) ($MN)
- Table 14 Global Automotive Adhesives and Sealants Market Outlook, By Under-The-Hood & Power Train (2018-2027) ($MN)
- Table 15 Global Automotive Adhesives and Sealants Market Outlook, By Assembly (2018-2027) ($MN)
- Table 16 Global Automotive Adhesives and Sealants Market Outlook, By Body in White (2018-2027) ($MN)
- Table 17 Global Automotive Adhesives and Sealants Market Outlook, By Non-structural (2018-2027) ($MN)
- Table 18 Global Automotive Adhesives and Sealants Market Outlook, By Structural (2018-2027) ($MN)
- Table 19 Global Automotive Adhesives and Sealants Market Outlook, By Semi-structural (2018-2027) ($MN)
- Table 20 Global Automotive Adhesives and Sealants Market Outlook, By Paint Shop (2018-2027) ($MN)
- Table 21 Global Automotive Adhesives and Sealants Market Outlook, By Exterior (2018-2027) ($MN)
- Table 22 Global Automotive Adhesives and Sealants Market Outlook, By Interior (2018-2027) ($MN)
- Table 23 Global Automotive Adhesives and Sealants Market Outlook, By Electronics (2018-2027) ($MN)
- Table 24 Global Automotive Adhesives and Sealants Market Outlook, By Automotive Running System (2018-2027) ($MN)
- Table 25 Global Automotive Adhesives and Sealants Market Outlook, By Auto Repair (2018-2027) ($MN)
- Table 26 Global Automotive Adhesives and Sealants Market Outlook, By Function (2018-2027) ($MN)
- Table 27 Global Automotive Adhesives and Sealants Market Outlook, By Noise, Vibration & Harshness (NVH) (2018-2027) ($MN)
- Table 28 Global Automotive Adhesives and Sealants Market Outlook, By Sealing/Protection (2018-2027) ($MN)
- Table 29 Global Automotive Adhesives and Sealants Market Outlook, By Bonding (2018-2027) ($MN)
- Table 30 Global Automotive Adhesives and Sealants Market Outlook, By Technology (2018-2027) ($MN)
- Table 31 Global Automotive Adhesives and Sealants Market Outlook, By Sealant (2018-2027) ($MN)
- Table 32 Global Automotive Adhesives and Sealants Market Outlook, By Adhesive (2018-2027) ($MN)
- Table 33 Global Automotive Adhesives and Sealants Market Outlook, By Solvent-borne (2018-2027) ($MN)
- Table 34 Global Automotive Adhesives and Sealants Market Outlook, By Reactive (2018-2027) ($MN)
- Table 35 Global Automotive Adhesives and Sealants Market Outlook, By Water-borne (2018-2027) ($MN)
- Table 36 Global Automotive Adhesives and Sealants Market Outlook, By Vehicle Type (2018-2027) ($MN)
- Table 37 Global Automotive Adhesives and Sealants Market Outlook, By Light Commercial Vehicles (LCV) (2018-2027) ($MN)
- Table 38 Global Automotive Adhesives and Sealants Market Outlook, By Passenger Cars (2018-2027) ($MN)
- Table 39 Global Automotive Adhesives and Sealants Market Outlook, By Heavy & Medium Duty Commercial Vehicles (H/MCV) (2018-2027) ($MN)
- Table 40 Global Automotive Adhesives and Sealants Market Outlook, By Product (2018-2027) ($MN)
- Table 41 Global Automotive Adhesives and Sealants Market Outlook, By Pressure Sensitive (2018-2027) ($MN)
- Table 42 Global Automotive Adhesives and Sealants Market Outlook, By Chemically Curing (2018-2027) ($MN)
- Table 43 Global Automotive Adhesives and Sealants Market Outlook, By Physically Hardening (2018-2027) ($MN)
- Table 44 Global Automotive Adhesives and Sealants Market Outlook, By Sales Channel (2018-2027) ($MN)
- Table 45 Global Automotive Adhesives and Sealants Market Outlook, By Aftermarket (2018-2027) ($MN)
- Table 46 Global Automotive Adhesives and Sealants Market Outlook, By OEM (2018-2027) ($MN)
- Table 47 Global Automotive Adhesives and Sealants Market Outlook, By End User (2018-2027) ($MN)
- Table 48 Global Automotive Adhesives and Sealants Market Outlook, By IT & Telecom (2018-2027) ($MN)
- Table 49 Global Automotive Adhesives and Sealants Market Outlook, By Transaction Intelligence (2018-2027) ($MN)
- Table 50 Global Automotive Adhesives and Sealants Market Outlook, By Consumer Services (2018-2027) ($MN)
- Table 51 Global Automotive Adhesives and Sealants Market Outlook, By Banking Financial Services, and Insurance (2018-2027) ($MN)
- Table 52 Global Automotive Adhesives and Sealants Market Outlook, By Healthcare and Life Science (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
