According to a research report published by Spherical Insights & Consulting, the Global Automotive Adhesive Market Size Expected to Grow from USD 6.10 Billion in 2023 to USD 9.67 Billion by 2033, at a CAGR of 4.27% during the forecast period 2023-2033.

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An automotive adhesive is also known as a bonding agent or sealing agent. An adhesive is made up of the exact composition of the mixture of polymer, elastomer, resins, and chemical additives. It plays a critical role in repairing and manufacturing automobiles that provide strong durable bonds that stand in very stressful conditions and are familiar with the automotive environment. Automobile manufacturers utilize them to make vehicles of lightweight nature and more durable. It is also helpful for reducing the vibration, noise, and harshness of the vehicle during the driving experience.  It can be used to secure dashboards, door panels, electronics, light covers, and lenses. Adhesive manufacturers increased production because of the rising development in the automobile industry such as EV and hybrid vehicles. However, disrupted the raw materials supply chain, standards, and laws issued by governing bodies, limiting automotive glue shipments expected to deal with long-term barriers to the global automotive adhesive market progress.

Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the Global Automotive Adhesive Market Size, Share, and COVID-19 Impact Analysis, By Adhesive Type (Threadlocks & Retainers, Structural, Tapes & Films, and Liquid Gaskets), By Technology (Solvent-Based, Hot-Melt, and Water-Based), By Application (Powertrain, Paint Shop, Body-In-White, Assembly, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The structural segment is anticipated to grow at the fastest pace in the global automotive adhesive market during the forecast period.  

On the basis of adhesive type, the global automotive adhesive market is divided into threadlocks & retainers, structural, tapes & films, and liquid gaskets. Among these, the structural segment is anticipated to grow at the fastest pace in the global automotive adhesive market during the forecast period. The core of the structural body has a huge amount of carbon fiber, which is expected to boost the structural car adhesive market. Also, increasing the use of plastics and composite materials helps to reduce weight and tight deals with emission standards.

The hot-melt segment is expected to grow at a rapid pace in the global automotive adhesive market during the projected period.

On the basis of technology type, the global automotive adhesive market is segmented into solvent-based, hot-melt, and water-based. Among these, the hot-melt segment is expected to grow at a rapid pace in the global automotive adhesive market during the projected period. HMA adhesive provides long-shelf life with reduced maintenance cost and storage. It settles quickly and converts them into beads in cooled conditions. HMA is a wide range of thermoplastic adhesives that are highly applicable for bonding many substrates such as metal, glass, foam, and rubber.

The body-in-white segment is anticipated to hold the largest share of the global automotive adhesive market during the forecast period.

Based on the application type, the global automotive adhesives market is categorized into powertrain, paint shop, body-in-white, assembly, and others. Among these, the body-in-white segment is anticipated to hold the largest share of the global automotive adhesive market during the forecast period. The automotive adhesive is mostly utilized in the welding process in terms of corrosion properties, gives structural strength, and makes the vehicle lightweight nature. So, employing the adhesive in body-in-white increased productivity and reduced expenses.

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Asia Pacific is anticipated to hold the largest share of the global automotive adhesive market during the forecast period.

The Asia-Pacific automotive adhesives market has a growing need for automotive adhesives due to expanding automotive application sectors that provide vehicle safety, and design flexibility. This component is being widely used and produced in China, Japan, Korea, India, and other countries. The market is being driven by increased industrialization and considerable investments in the automobile industry that increased vehicle production in the region as well as lightweight materials in automobile manufacturing. The automaker emphasizes technical breakthroughs in the automobile industry such as fuel efficiency, and unique models of vehicles like hybrid and electric that boost market growth.

North America is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period. The market is expanding as a result of the existence of numerous significant businesses in the sector committed to creating cutting-edge adhesive technologies. The primary reason for this is the growth in regional auto production brought on by a greater need for fuel-efficient and ecologically friendly automobiles.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global automotive adhesive along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the global automotive adhesive market are H.B. Fuller Company, 3M, DuPont, Huntsman International LLC, Henkel AG & Co., KGaA, Arkema S.A., Sika AG, Jowat SE, Dow, Ashland, Franklin International, Bostik S.A., The DOW Chemical Company, PPG Industries, Illinois Tool Works Corporation, Solvay S.A., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In June 2024, Sames announced the innovations support high-quality adhesive bonding in automotive manufacturing, optimizing efficiency and standardization across body shop and glazing processes. Sames helped to improve the technology for BMW and Mercedes.

• In January 2024, B. Fuller, the largest adhesive company focused solely on adhesives globally, revealed that its facilities in Lüneburg and Nienburg, Germany, have been granted the ISCC PLUS certification.

Market Segment 

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive adhesive market based on the below-mentioned segments:

Global Automotive Adhesive Market, By Adhesive Type

• Threadlocks & Retainers
• Structural
• Tapes & Films
• Liquid Gaskets

Global Automotive Adhesive Market, By Technology

• Solvent-Based
• Hot-Melt
• Water-Based

Global Automotive Adhesive Market, By Application

• Powertrain
• Paint Shop
• Body-in-white
• Assembly
• Others

Global Automotive Adhesive Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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