Market Overview:
The global automotive adhesive sealant market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for lightweight vehicles and rising penetration of advanced technologies in automobiles. Based on type, the global automotive adhesive sealant market is segmented into polyurethane, acrylic, epoxy, silicone, polyamide and styrenic block copolymer. Polyurethane adhesive sealants are expected to witness highest growth during the forecast period owing to their superior properties such as high thermal resistance and chemical resistance. Based on application, the global automotive adhesive sealant market is segmented into online and offline segments. Offline application dominates the overall automotive adhesive sealant market due to higher adoption by OEMs for bonding & sealing applications in automobiles across different regions worldwide.
Product Definition:
An adhesive sealant is a viscous material that is used to bond two surfaces together. It is usually applied as a liquid, but it can also be in the form of a solid or gel. Adhesive sealants are commonly used in automotive applications to seal joints and seams. They provide a watertight barrier that helps protect the vehicle from moisture and corrosion.
Polyurethane:
Polyurethane is a polymer, which is extensively used in sealants and adhesive applications. It has high thermal stability and excellent mechanical strength. The product also offers resistance to chemicals, heat & moisture making it suitable for various end-use industries such as automotive industry.
The global polyurethane market size was valued at USD 25 billion in 2015.
Acrylic:
Acrylic is a polymer and it's group of chemicals with similar properties. It has high molecular weight which makes it stiffer than water; thus, acrylics are used in applications where flexibility is required. Acrylic resins are widely utilized to manufacture automotive adhesives and sealants on account of their excellent characteristics such as chemical stability, weather resistance along with high performance at low temperatures.
Application Insights:
The offline application segment dominated the global automotive adhesives sealant market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth in the coming years owing to rising demand from various industries including construction and industrial applications.
Offline applications include interior & exterior components as well as underbody & engine bay sealing, weather sealing and noise reduction/ muffling among others. Interior components such as seat belts, airbags, headliners are exposed to extreme temperatures which may cause damage or failure if not sealed properly leading towards increased use of adhesives in these areas across all vehicle types globally since past few decades.
Regional Analysis:
Asia Pacific was the leading segment and accounted for over 45% of the overall revenue in 2017. The region is expected to witness significant growth on account of increasing automobile production coupled with rising disposable income especially in China, India, Indonesia, Vietnam and Thailand.
The automotive industry has witnessed a shift from mass production to premium cars due to high investments required in R&D activities by manufacturers as well as consumers. This trend is projected to positively influence sealant demand over the forecast period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for lightweight vehicles: The global automotive industry is witnessing a shift towards the production of lightweight vehicles. This is primarily because of the increasing awareness about fuel efficiency and environment-friendly options among consumers. In order to reduce weight, automakers are increasingly using advanced materials such as composites and plastics in their vehicles. This is resulting in an increased demand for adhesives and sealants that can bond these materials together effectively.
- Rising demand for electric vehicles: Electric vehicles are becoming more popular due to their environmental benefits as well as growing concerns about climate change. These cars have high upfront costs, which has limited their adoption till now. However, this is changing with the advent of new models such as Tesla’s Model 3 that are more affordable than earlier ones. The increased adoption of electric vehicles will result in an increase in the demand for adhesives and sealants used in their manufacture, since they need to be extremely reliable and durable given the high cost involved with repairing or replacing them .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Adhesives Sealant Market Research Report
By Type
Polyurethane, Acrylic, Epoxy, Silicone, Polyamide, Styrenic Block Copolymer
By Application
Online, Offline
By Companies
Henkel & Co. KGaA, H.B. Fuller Company, BASF SE, Bostik, DowDuPont, Sika AG, PPG Industries, Solvay S.A, Jowat AG, Akzo Nobel N.V.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Adhesives Sealant Market Report Segments:
The global Automotive Adhesives Sealant market is segmented on the basis of:
Types
Polyurethane, Acrylic, Epoxy, Silicone, Polyamide, Styrenic Block Copolymer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel & Co. KGaA
- H.B. Fuller Company
- BASF SE
- Bostik
- DowDuPont
- Sika AG
- PPG Industries
- Solvay S.A
- Jowat AG
- Akzo Nobel N.V.
Highlights of The Automotive Adhesives Sealant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane
- Acrylic
- Epoxy
- Silicone
- Polyamide
- Styrenic Block Copolymer
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Adhesives Sealant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Adhesives Sealant is a type of sealant that is used to protect the surface of a car from water, dust, and other contaminants. It is also used to keep the paintwork clean and free from scratches.
Some of the key players operating in the automotive adhesives sealant market are Henkel & Co. KGaA, H.B. Fuller Company, BASF SE, Bostik, DowDuPont, Sika AG, PPG Industries, Solvay S.A, Jowat AG, Akzo Nobel N.V..
The automotive adhesives sealant market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Adhesives Sealant Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Adhesives Sealant Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Adhesives Sealant Market - Supply Chain
4.5. Global Automotive Adhesives Sealant Market Forecast
4.5.1. Automotive Adhesives Sealant Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Adhesives Sealant Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Adhesives Sealant Market Absolute $ Opportunity
5. Global Automotive Adhesives Sealant Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Adhesives Sealant Market Size and Volume Forecast by Type
5.3.1. Polyurethane
5.3.2. Acrylic
5.3.3. Epoxy
5.3.4. Silicone
5.3.5. Polyamide
5.3.6. Styrenic Block Copolymer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Adhesives Sealant Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Adhesives Sealant Market Size and Volume Forecast by Application
6.3.1. Online
6.3.2. Offline
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Adhesives Sealant Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Adhesives Sealant Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Adhesives Sealant Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Adhesives Sealant Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Adhesives Sealant Demand Share Forecast, 2019-2026
9. North America Automotive Adhesives Sealant Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Adhesives Sealant Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Adhesives Sealant Market Size and Volume Forecast by Application
9.4.1. Online
9.4.2. Offline
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Adhesives Sealant Market Size and Volume Forecast by Type
9.7.1. Polyurethane
9.7.2. Acrylic
9.7.3. Epoxy
9.7.4. Silicone
9.7.5. Polyamide
9.7.6. Styrenic Block Copolymer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Adhesives Sealant Demand Share Forecast, 2019-2026
10. Latin America Automotive Adhesives Sealant Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Adhesives Sealant Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Adhesives Sealant Market Size and Volume Forecast by Application
10.4.1. Online
10.4.2. Offline
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Adhesives Sealant Market Size and Volume Forecast by Type
10.7.1. Polyurethane
10.7.2. Acrylic
10.7.3. Epoxy
10.7.4. Silicone
10.7.5. Polyamide
10.7.6. Styrenic Block Copolymer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Adhesives Sealant Demand Share Forecast, 2019-2026
11. Europe Automotive Adhesives Sealant Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Adhesives Sealant Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Adhesives Sealant Market Size and Volume Forecast by Application
11.4.1. Online
11.4.2. Offline
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Adhesives Sealant Market Size and Volume Forecast by Type
11.7.1. Polyurethane
11.7.2. Acrylic
11.7.3. Epoxy
11.7.4. Silicone
11.7.5. Polyamide
11.7.6. Styrenic Block Copolymer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Adhesives Sealant Demand Share, 2019-2026
12. Asia Pacific Automotive Adhesives Sealant Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Adhesives Sealant Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Adhesives Sealant Market Size and Volume Forecast by Application
12.4.1. Online
12.4.2. Offline
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Adhesives Sealant Market Size and Volume Forecast by Type
12.7.1. Polyurethane
12.7.2. Acrylic
12.7.3. Epoxy
12.7.4. Silicone
12.7.5. Polyamide
12.7.6. Styrenic Block Copolymer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Adhesives Sealant Demand Share, 2019-2026
13. Middle East & Africa Automotive Adhesives Sealant Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Adhesives Sealant Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Adhesives Sealant Market Size and Volume Forecast by Application
13.4.1. Online
13.4.2. Offline
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Adhesives Sealant Market Size and Volume Forecast by Type
13.7.1. Polyurethane
13.7.2. Acrylic
13.7.3. Epoxy
13.7.4. Silicone
13.7.5. Polyamide
13.7.6. Styrenic Block Copolymer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Adhesives Sealant Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Adhesives Sealant Market: Market Share Analysis
14.2. Automotive Adhesives Sealant Distributors and Customers
14.3. Automotive Adhesives Sealant Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel & Co. KGaA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H.B. Fuller Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF SE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bostik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DowDuPont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sika AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PPG Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solvay S.A
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jowat AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Akzo Nobel N.V.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook