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Automotive Adhesives and Sealants Market Research Report: By Type, Application, and Vehicle - Global Industry Analysis and Growth Forecast to 2030

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    Report

  • 254 Pages
  • December 2021
  • Region: Global
  • Prescient & Strategic Intelligence Private Limited
  • ID: 5184661
From $6,414.1 million in 2020, the automotive adhesives and sealants market size will witness a 6.1% CAGR between 2020 and 2030, to reach $11,643.5 million by 2030. This will be because of the rise in the stringency of vehicle safety standards in response to the high rate of road crashes. This is propelling the usage of adhesives and sealants on the bonnet, in order to provide integrity to these parts and enhance their ability to withstand head-on collisions.





Epoxy-based adhesives and sealants have been the most popular among automotive original equipment manufacturers (OEM) till now. This is credited to epoxy products’ rigid bonding ability, which improves the structural integrity of vehicles, thus making them stronger and impact resistant. Hence, with the rising demand for automobiles, coupled with the strict vehicle and passenger safety regulations in place, the consumption of epoxy adhesives and sealants continues to grow.

Key Findings of Automotive Adhesives and Sealants Market Report

The automotive adhesives and sealants market will grow the fastest in body-in-white (BIW) applications as the usage of these materials for BIW purposes makes vehicles lighter and fuel-efficient.

Passenger car production accounted for the higher consumption of these materials as it outnumbers commercial vehicle production. With people’s rising disposable income, automakers are augmenting their passenger car output.

The burgeoning electric vehicle (EV) production is also boosting the usage of these materials. With the rising environmental awareness and numerous supporting government schemes in place, electric car sales hit the 3 million mark in 2020. Adhesives and sealants are being widely used to enhance EVs’ structural integrity, thereby driving the industry.

The COVID-19 pandemic has had a mostly negative impact on automotive adhesive and sealant producers by shutting down auto production and decreasing the demand for vehicles due to the worldwide financial instability.

Another key driver for the automotive adhesives and sealants market is the rising sale of lightweight automobiles due to the increasing vehicular emissions. To make lightweight vehicles, plastics, aluminum, and carbon fiber are used instead of iron and steel, which leads to the usage of adhesives and sealants over nuts, bolts, and welding.

Asia-Pacific (APAC) is the biggest consumer of automotive adhesives and sealants as it is the world’s largest producer of automobiles. Moreover, many European and North American companies are setting up plants here to manufacture automotive adhesives and sealants, thereby leading to their easy availability.

Key companies in the automotive adhesives and sealants market are Henkel AG & Co. KGaA, Sika AG, The Dow Chemical Company, PPG Industries Inc., H.B. Fuller Company, 3M Company, Permatex Inc., Illinois Tool Works Inc., Bostik S.A., and EFTEC AG. To dominate the intense competition, they are engaging in mergers and acquisitions and facility expansions.
Frequently Asked Questions about the Automotive Adhesives and Sealants Market

What is the estimated value of the Automotive Adhesives and Sealants Market?

The Automotive Adhesives and Sealants Market was estimated to be valued at $6414.1 Million in 2020.

What is the growth rate of the Automotive Adhesives and Sealants Market?

The growth rate of the Automotive Adhesives and Sealants Market is 6.1%, with an estimated value of $11643.5 Million by 2030.

What is the forecasted size of the Automotive Adhesives and Sealants Market?

The Automotive Adhesives and Sealants Market is estimated to be worth $11643.5 Million by 2030.

Who are the key companies in the Automotive Adhesives and Sealants Market?

Key companies in the Automotive Adhesives and Sealants Market include Henkel AG & Co. KGaA, The Dow Chemical Company, Sika AG, PPG Industries Inc., 3M Company, H.B. Fuller Company, Permatex Inc., Bostik S.A. and EFTEC AG.

Table of Contents

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Application
1.3.3 Market Segmentation by Vehicle
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Volume
1.3.6.2 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 Epoxy
4.1.1.2 Acrylics
4.1.1.3 Polyurethanes
4.1.1.4 Rubber
4.1.1.5 PVC
4.1.1.6 Silicones
4.1.1.7 Hot melts
4.1.1.8 Others
4.1.2 By Application
4.1.2.1 BIW
4.1.2.1.1 Structural
4.1.2.1.2 Non-structural
4.1.2.2 UTH and power train
4.1.2.3 Paint shop
4.1.2.4 Assembly
4.1.3 By Vehicle
4.1.3.1 Passenger car
4.1.3.2 LCV
4.1.3.3 HMCV
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Manufacturers are switching from traditional techniques to new assembly methods
4.3.1.2 Increasing penetration of electric vehicles in various countries worldwide
4.3.2 Drivers
4.3.2.1 Increasing demand for lightweight vehicles
4.3.2.2 Surging vehicle safety standards and regulations
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Low awareness about the usage and advantages of adhesives and sealants
4.3.3.2 Fluctuating costs of raw materials
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Development of bio-based adhesives and sealants
4.4 Impact of COVID-19 on Global Automotive Adhesives and Sealants
Chapter 5. Global Market Size and Forecast
5.1 By Type
5.2 By Application
5.2.1 BIW Application, by Type
5.2.1.1 BIW application, by adhesives and sealants type
5.2.1.1.1 Structural
5.2.1.1.2 Non-structural
5.2.2 UTH and Power Train
5.2.3 Paint Shop
5.2.4 Assembly
5.3 By Vehicle
5.4 By Region
Chapter 6. North America Market Size and Forecast
6.1 By Type
6.2 By Application
6.3 By Vehicle
6.4 By Country
Chapter 7. Europe Market Size and Forecast
7.1 By Type
7.2 By Application
7.3 By Vehicle
7.4 By Country
Chapter 8. APAC Market Size and Forecast
8.1 By Type
8.2 By Application
8.3 By Vehicle
8.4 By Country
Chapter 9. LATAM Market Size and Forecast
9.1 By Type
9.2 By Application
9.3 By Vehicle
9.4 By Country
Chapter 10. MEA Market Size and Forecast
10.1 By Type
10.2 By Application
10.3 By Vehicle
10.4 By Country
Chapter 11. Major Markets: Segment Analysis
11.1 U.S. Market, by Type
11.2 U.S. Market, by Application
11.3 U.S. Market, by Vehicle
11.4 China Market, by Type
11.5 China Market, by Application
11.6 China Market, by Vehicle
11.7 Japan Market, by Type
11.8 Japan Market, by Application
11.9 Japan Market, by Vehicle
11.10 Germany Market, by Type
11.11 Germany Market, by Application
11.12 Germany Market, by Vehicle
11.13 India Market, by Type
11.14 India Market, by Application
11.15 India Market, by Vehicle
Chapter 12. Competitive Landscape
12.1 Competitive Benchmarking of Key Players
12.2 List of Other Players
12.3 Global Strategic Developments of Key Players
12.3.1 Mergers and Acquisitions
12.3.2 Facility Expansions
12.3.3 Product Launches
12.3.4 Other Developments
Chapter 13. Company Profiles
13.1 Henkel AG & Co. KGaA
13.1.1 Business Overview
13.1.2 Product and Service Offerings
13.1.3 Key Financial Summary
13.2 The Dow Chemical Company
13.2.1 Business Overview
13.2.2 Product and Service Offerings
13.2.3 Key Financial Summary
13.3 Sika AG
13.3.1 Business Overview
13.3.2 Product and Service Offerings
13.3.3 Key Financial Summary
13.4 PPG Industries Inc.
13.4.1 Business Overview
13.4.2 Product and Service Offerings
13.4.3 Key Financial Summary
13.5 3M Company
13.5.1 Business Overview
13.5.2 Product and Service Offerings
13.5.3 Key Financial Summary
13.6 H.B. Fuller Company
13.6.1 Business Overview
13.6.2 Product and Service Offerings
13.6.3 Key Financial Summary
13.7 Permatex Inc.
13.7.1 Business Overview
13.7.2 Product and Service Offerings
13.8 Bostik S.A.
13.8.1 Business Overview
13.8.2 Product and Service Offerings
13.9 Illinois Tool Works Inc.
13.9.1 Business Overview
13.9.2 Product and Service Offerings
13.9.3 Key Financial Summary
13.10 EFTEC AG
13.10.1 Business Overview
13.10.2 Product and Service Offerings
Chapter 14. Appendix
14.1 Abbreviations
14.2 Sources and References
14.3 Related Reports
List of Figures
Figure 1: RESEARCH SCOPE
Figure 2: RESEARCH METHODOLOGY
Figure 3: REGIONAL SPLIT OF PRIMARY AND SECONDARY RESEARCH
Figure 4: BREAKDOWN OF PRIMARY RESEARCH BY REGION
Figure 5: BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
Figure 6: BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
Figure 7: DATA TRIANGULATION APPROACH
Figure 8: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SUMMARY
Figure 9: VALUE CHAIN ANALYSIS OF AUTOMOTIVE ADHESIVES AND SEALANTS MARKET
Figure 10: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 11: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 12: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 13: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR BIW APPLICATION, BY TYPE, KILOTONS (2015-2030)
Figure 14: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR BIW APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 15: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR STRUCTURAL BIW APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 16: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR NON-STRUCTURAL BIW APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 17: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR UTH AND POWER TRAIN APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 18: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR PAINT SHOP APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 19: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET FOR ASSEMBLY APPLICATION, BY ADHESIVES AND SEALANTS TYPE, KILOTONS (2015-2030)
Figure 20: GLOBAL AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 21: MAJOR WORLDWIDE MARKETS FOR AUTOMOTIVE ADHESIVES AND SEALANTS, $M
Figure 22: NORTH AMERICA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 23: NORTH AMERICA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 24: NORTH AMERICA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 25: NORTH AMERICA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 26: NORTH AMERICA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY COUNTRY, KILOTONS (2015-2030)
Figure 27: EUROPE AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 28: EUROPE AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 29: EUROPE AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 30: EUROPE AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 31: EUROPE AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY COUNTRY, KILOTONS (2015-2030)
Figure 32: APAC AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 33: APAC AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 34: APAC AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 35: APAC AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 36: APAC AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY COUNTRY, KILOTONS (2015-2030)
Figure 37: LATAM AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 38: LATAM AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 39: LATAM AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 40: LATAM AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 41: LATAM AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY COUNTRY, KILOTONS (2015-2030)
Figure 42: MEA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET SNAPSHOT
Figure 43: MEA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 44: MEA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 45: MEA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTO NS (2015-2030)
Figure 46: MEA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY COUNTRY, KILOTONS (2015-2030)
Figure 47: U.S. AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 48: U.S. AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 49: U.S. AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 50: CHINA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 51: CHINA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 52: CHINA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 53: JAPAN AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 54: JAPAN AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 55: JAPAN AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 56: GERMANY AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 57: GERMANY AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 58: GERMANY AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 59: INDIA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY TYPE, KILOTONS (2015-2030)
Figure 60: INDIA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY APPLICATION, KILOTONS (2015-2030)
Figure 61: INDIA AUTOMOTIVE ADHESIVES AND SEALANTS MARKET, BY VEHICLE, KILOTONS (2015-2030)
Figure 62: HENKEL AG & CO. KGAA - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 63: THE DOW CHEMICAL COMPANY - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 64: SIKA AG - REVENUE SPLIT BY GEOGRAPHY (2020)
Figure 65: PPG INDUSTRIES INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 66: 3M COMPANY - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 67: H.B. FULLER COMPANY - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 68: ILLINOIS TOOL WORKS INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)

Companies Mentioned

  • Henkel AG & Co. KGaA
  • The Dow Chemical Company
  • Sika AG
  • PPG Industries Inc.
  • 3M Company
  • H.B. Fuller Company
  • Permatex Inc.
  • Bostik S.A.
  • Illinois Tool Works Inc.
  • EFTEC AG

Methodology

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