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Automotive Adhesives Market Trends | Industry Revenue, Business Growth, Share, Demand and Applications to 2027

Overview:
Automotive adhesives are garnering a huge prominence due to the growing use of multi-material structures in the automotive manufacturing. It is difficult to join such diverse materials such as the combinations of steel with lightweight materials like carbon fiber reinforced plastics with conventional welding. In such scenarios, lightweight automotive adhesives are used in the construction of automotive interior parts and electronics.

Growing technological advancements in the manufacturing of automobiles and the adoption of smart cars are among some of the driving forces broadening the use of automotive adhesives. Moreover, the increase in the use of large adhesive volumes with the increasing complexity in the design of vehicles is also driving the growth of the market.
On the other hand, fluctuating prices of raw materials required for the production of automotive adhesives is a key factor obstructing the market growth. Also, the demand and supply gap of these raw materials is hindering the market growth equally. To tackle these situations, key players are working on to strengthen their supply chain.

Global Automotive Adhesives Markets – Segments
The MRFR analysis is segmented into three key dynamics for enhanced understanding.
By Type : Polyurethane, Acrylic, and Polyamide among others.
By Application : Paint Shop, Assembly, and Powertrain, among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global Automotive Adhesives Markets – Geographical Analysis
Globally, the Asia Pacific region dominates the global Automotive Adhesives And Sealants Trends owing to the increasing adoption of lightweight materials in the automotive industry. The burgeoning automotive sector in the region is expected to generate enormous demand for Automotive adhesives during the review period.
The region is attracting many foreign investors and encouraging the manufacturers to shift their production bases to the emerging countries such as Japan, China, and India heading with the ample availability of cost-competitive logistic in the region such as the land, workforce, and raw materials required for the production of these adhesives
consequently, countries such as China, Japan, and India, backed by their growing automotive sectors contribute majorly to the market in the region. Furthermore, the improving economy in the region is boosting the demand for automotive adhesives, improving the standard of living and increasing consumers’ purchasing power.

Major Players:
Key players leading the global automotive adhesives market insight include Henkel (Germany), The Dow Chemical Company (U.S.), BASF (Germany), Ashland Specialty Chemical Company (U.S.), 3M Company (U.S.), H.B. Fuller Company (U.S.), Dynea International Oy (Finland), Hindustan Adhesives Limited (India), Hexion Specialty Chemicals Inc. (U.S), and Covalence Specialty Adhesives LLC (U.S.) among others.
Industry/ Innovations/ Related News:
January 24, 2019 --- Yokohama Rubber Co. (Japan), a leading global manufacturer and seller of tires, industrial products, and golf products announced the development of a two-component polyurethane adhesive with high strength and elasticity. Primarily designed for automotive applications, the new adhesive can also be used in electronic devices exposed to harsh heat cycles.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Automotive Adhesives Market Trends | Industry Revenue, Business Growth, Share, Demand and Applications to 2027 Overview: Automotive adhesives are garnering a huge prominence due to the growing use of multi-material structures in the automotive manufacturing. It is difficult to join such diverse materials such as the combinations of steel with lightweight materials like carbon fiber reinforced plastics with conventional welding. In such scenarios, lightweight automotive adhesives are used in the construction of automotive interior parts and electronics. Growing technological advancements in the manufacturing of automobiles and the adoption of smart cars are among some of the driving forces broadening the use of automotive adhesives. Moreover, the increase in the use of large adhesive volumes with the increasing complexity in the design of vehicles is also driving the growth of the market. On the other hand, fluctuating prices of raw materials required for the production of automotive adhesives is a key factor obstructing the market growth. Also, the demand and supply gap of these raw materials is hindering the market growth equally. To tackle these situations, key players are working on to strengthen their supply chain. Global Automotive Adhesives Markets – Segments The MRFR analysis is segmented into three key dynamics for enhanced understanding. By Type : Polyurethane, Acrylic, and Polyamide among others. By Application : Paint Shop, Assembly, and Powertrain, among others. By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World. Global Automotive Adhesives Markets – Geographical Analysis Globally, the Asia Pacific region dominates the global Automotive Adhesives And Sealants Trends owing to the increasing adoption of lightweight materials in the automotive industry. The burgeoning automotive sector in the region is expected to generate enormous demand for Automotive adhesives during the review period. The region is attracting many foreign investors and encouraging the manufacturers to shift their production bases to the emerging countries such as Japan, China, and India heading with the ample availability of cost-competitive logistic in the region such as the land, workforce, and raw materials required for the production of these adhesives consequently, countries such as China, Japan, and India, backed by their growing automotive sectors contribute majorly to the market in the region. Furthermore, the improving economy in the region is boosting the demand for automotive adhesives, improving the standard of living and increasing consumers’ purchasing power. Major Players: Key players leading the global automotive adhesives market insight include Henkel (Germany), The Dow Chemical Company (U.S.), BASF (Germany), Ashland Specialty Chemical Company (U.S.), 3M Company (U.S.), H.B. Fuller Company (U.S.), Dynea International Oy (Finland), Hindustan Adhesives Limited (India), Hexion Specialty Chemicals Inc. (U.S), and Covalence Specialty Adhesives LLC (U.S.) among others. Industry/ Innovations/ Related News: January 24, 2019 --- Yokohama Rubber Co. (Japan), a leading global manufacturer and seller of tires, industrial products, and golf products announced the development of a two-component polyurethane adhesive with high strength and elasticity. Primarily designed for automotive applications, the new adhesive can also be used in electronic devices exposed to harsh heat cycles. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com Related Report https://www.marketresearchfuture.com/reports/polyurethane-dispersion-market-4991 https://www.marketresearchfuture.com/reports/acetic-anhydride-market-5674 https://www.marketresearchfuture.com/reports/anti-rust-coating-market-5697 https://www.marketresearchfuture.com/reports/bio-based-pet-market-5823
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