Automotive Adhesive Market is expected to reach $11.5 Billion by 2025 – An exclusive market research report by Lucintel 1
Automotive Adhesive Market is expected to reach $11.5 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Automotive Adhesive Market
Trends, opportunities and forecast in the global automotive adhesive market to 2025 by resin type (epoxy, polyurethane, acrylic and others), vehicle type (passenger car and light commercial vehicle), application (interior and exterior), structure (structural and non-structural), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that automotive adhesive provides attractive opportunities in passenger car and light commercial vehicles. The automotive adhesive market is expected to reach $11.5 billion by 2025 with a CAGR of 5.5%. In this market, polyurethane is the largest segment by resin, whereas passenger car is largest by vehicle type. Development of voice assistant technology for high-end automated households, emergence of air quality sensor devices that measure volatile organic compounds (VOCs), and growing adoption of video enabled drones provides strategic growth path in this market.

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Based on resin, the automotive adhesive market is segmented into epoxy, polyurethane, acrylic and others. The polyurethane segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its low price, durability, and performance.

Browse in-depth TOC on “Automotive Adhesive Market”

157 – Tables

185 – Figures

247 – Pages

The automotive adhesive market is marked by the presence of several big and small players. Some of the prominent players offering automotive adhesive include Henkel, 3M, Sika, Arkema, HB Fuller, and others.  

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link

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