Automotive Adhesives Market is projected to reach a valuation of US$ 7 billion by the end of 2030

The global market for automotive adhesives is projected to reach a valuation of US$ 7 billion by the end of 2030. The sector has been adversely affected by the ongoing COVID-19 outbreak, owing to lockdowns and restrictions on automotive production and raw material supply chains, which has hurt the production and delivery of automotive adhesives. However, the industry is expected to reflect steady growth in the near future, supported by investments towards product development aimed at longer durability and eco-friendliness, and transition by the automotive industry towards sustainability through hybrid and electric vehicles.

Leading participants in the automotive adhesive market are focused on product improvements and long-term contracts with major end-user entities to improve their product offerings and maintain revenue streams, aiding their overall growth in the global market space.

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Automotive Adhesives Market – Scope of Report:

A latest publication by Fact.MR on the global Automotive Adhesives market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the Automotive Adhesives market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Automotive Adhesives supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pulse Oximeters, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Key Manufacturers of Automotive Adhesives

Leading players in the automotive adhesive market include Henkel AG & Co., KGaA, Arkema S.A., DuPont, Huntsman International LLC, Sika AG, Jowat SE, Dow Inc., 3M, Ashland, H.B. Fuller Company, and Franklin International, among others. The market is moderately fragmented, and the industry has largely been characterized by product development and industry partnership strategies.

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Report benefits & key questions answered

• Post covid consumer spending on Automotive Adhesives: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Automotive Adhesives demand outlook: the market intelligence study reports highlights the factor propelling the demand for Automotive Adhesives. As per the study, the demand for Automotive Adhesives will grow through 2030.
• Automotive Adhesives historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
• Automotive Adhesives consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Automotive Adhesives Market Segmentations:

Adhesive Type

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

Product

• Solvents
• Water
• Hot Melt
• Reactive
• Others

Application

• BIW
• Glazing
• Powertrain
• Paint Shops
• Upholstery

Vehicle

• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Sales Channel

• OEMs
• Aftermarket

Region

• North America
• Latin America
• Europe
• Asia Pacific
• MEA

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