Automotive Adhesives And Sealants Market
Global Market Study on Automotive Adhesives and Sealants: Passenger Cars Vehicle Type to Lead in Terms of Market Share Through 2026
- Report code : PMRREP21673 |
- Industry : Chemicals and Nanomaterials |
- Published On : Jan-2018 |
- Pages : 170 Pages |
- Format :
Increasing concerns about the emission of greenhouse gases and the trend of lightweight vehicles is boosting the global automotive adhesives and sealants market
Adhesives are used in the automotive industry for the application of bonding and for the functions of providing resistance against heat and corrosion. High performing adhesives are used in order to bond a number of automotive components like windshields and wire harnesses. Automotive sealants play an important role in providing safety and comfort to the vehicle besides contributing in vehicle durability and strength. Automotive sealants also help in achieving consistency and integrity in the vehicle. They also help in providing noise reducing functions to the vehicle and also help in absorbing the vibrations of the vehicle. Due to the growing concerns regarding the consumption of fuel and the increasing amounts of greenhouse gas emissions, the demand for lightweight automobiles is increasing. This is leading to a steady growth of the automotive adhesives and sealants market.
Persistence Market Research presents a comprehensive study of the global adhesives and sealants market in which all the aspects in this vast and complex market have been studied in detail. This report covers all the important regional automotive adhesives and sealants market that are spread across different parts of the world. The global automotive adhesives and sealants market report also contains a historical analysis of this market for the time period 2012-2016. Additionally, the projections for the global automotive adhesives and sealants market are given for a time period of nine years, starting from the year 2017 and ending in the year 2026. As per the projections of Persistence Market Research, the global automotive adhesives and sealants market is poised to exhibit a moderate CAGR. The global automotive adhesives and sealants market was estimated to be valued at nearly US$ 4,600 Mn in 2017 and is slated to reach a value of nearly US$ 6,500 Mn at the end of the period of assessment in the year 2026.
Passenger cars sub-segment in the vehicle type category of the global automotive adhesives and sealants market is the largest in terms of value
The passenger cars sub-segment in the vehicle type category of the global automotive adhesives and sealants market is projected to display a moderate CAGR of 4.6% during the period of forecast. The passenger cars sub-segment is the most attractive by value in the vehicle type category and was estimated to be valued at nearly US$ 2,400 Mn at the end of the year 2017; this segment is slated to touch a value of nearly US$ 3,600 Mn by 2026.
LCV sub-segment is the second largest by value in the vehicle type category of the global automotive adhesives and sealants market
The LCV sub-segment is the second largest in terms of revenue in the vehicle type category, and is expected to display a CAGR of 4.1% during the period of forecast. The LCV sub-segment in the global automotive adhesives and sealants market was estimated to be valued at nearly US$ 1,300 Mn in 2017 and is slated to touch a market valuation of nearly US$ 1,900 Mn at the end of the period of forecast in 2026.
Competition Landscape
The competition landscape of the global automotive adhesives and sealants market report covers the important companies functional in this market. Some of the top companies that have been included in this section are 3M, Henkel AG & Co. KGaA, PPG Industries, Inc., BASF SE, The Dow Chemical Company, Jowat SE, Permabond LLC, Hernon Manufacturing Inc., Evonik Industries AG and Delo.
A balanced research methodology with an equal emphasis on primary and secondary research along with validation results in accurate numbers
Our robust research methodology has helped us to create another insightful and comprehensive report titled ‘Automotive Adhesives and Sealants Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2026’. For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies in the automotive adhesives and sealants market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated with the help of the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global automotive adhesives and sealants market.
This report breaks up the market into various segments and sub-segments that leads to a detailed understanding of this complex market
There is a detailed market taxonomy of this market that breaks down the global automotive adhesives and sealants market into various segments and sub-segments that helps the report audience to understand this vast and dynamic market in a comprehensive manner.
|
Region |
Product Type |
Application |
Vehicle Type |
|---|---|---|---|
|
North America |
Polyurethane |
Paint Shop |
Passenger Cars |
|
Latin America |
Epoxy |
Body-in-White |
HCV |
|
Europe |
Acrylic |
Assembly |
LCV |
|
Japan |
PVA |
UTH & Power Train |
|
|
APEJ |
EVA |
||
|
MEA |
Styrenic Block |
||
|
Other Product Types |
A systematic and lucid report structure helps in a comprehensive understanding of this market
In order to have an ease of understanding and for the better organization of the report, this report on global automotive adhesives and sealants market is divided into four distinct parts. The first part of the report contains the introduction section that has the executive summary of the report. This part also contains the market taxonomy and the definition of the product along with the market viewpoint. The second part of the report contains global automotive adhesives and sealants market size and forecast by product type, application and vehicle type. This part of the report contains important market numbers in the form of revenue comparison, market share comparison and year-on-year growth comparison. The third section of the report contains the regional assessment of the global automotive adhesives and sealants market and the regions are chosen as per the market taxonomy.
The competition landscape section is a source of valuable market intelligence that is necessary to ensure success in this market
The last part of the report contains the competition landscape of the global automotive adhesives and sealants market and has information on the key players operating in this market. The competition landscape contains detailed information on the important companies operating in the global automotive adhesives and sealants market in the form of company description, product overview, key developments, strategic overview and key financials of each of the featured companies along with the SWOT analysis of the company. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global automotive adhesives and sealants market in detail and also reveals how they implement their strategies and vision to stay at top in this highly competitive market.
Company Profiles
- 3M
- Henkel AG & Co. KGaA
- PPG Industries, Inc.
- BASF SE
- The Dow Chemical Company
- Jowat SE
- Permabond LLC
- Hernon Manufacturing Inc.
- Evonik Industries AG
- Delo
- Others.
