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Automotive Adhesive Market Estimated To Grow USD 5.35 Billion By 2028, Rising At A 4% CAGR
Global Automotive Adhesives Market was valued at USD 4.26 billion in 2021 and is expected to reach USD 5.35 billion by the year 2028, at a CAGR of 4%.
Automotive adhesives are adhesive materials that create applications in the structural bonding of auto components. Automotive adhesives are considered to address various requirements of automakers such as potting or casting, conformal coating, thermal management, mechanical bonds, EMI or RFI shielding, electrical connections, impregnation, and stress dissipation. These adhesives are commonly used in engine control units, anti-lock brake systems (ABS), displays, climate controls, vehicle stability control, navigation systems, transmission control units, vision system, instrument panels, sensors, connectors, detectors, security devices, and battery monitoring systems.
Automotive adhesives and sealants are used to join and seal various parts of vehicles, such as body panels, interior trims, and windshields. These adhesives and sealants provide high strength, durability, and resistance to environmental factors. The global automotive adhesives and sealants market is expected to grow significantly in the coming years, driven by the increasing demand for lightweight and fuel-efficient vehicles.
The Major Players In The Automotive Adhesives Market Include:
3M Company,DuPont de Nemours Inc.,Transtar Autobody Technologies Inc.,Bondo Corporation,Arkema S.A.,Bostik S.A.,Ashland Global Holdings Inc.,BASF SE,Bemis Associates Inc.,Covestro AG,EMS-Chemie Holding AG,Permatex Inc.,H.B. Fuller Company,Nitto Denko Corporation,Henkel AG & Co. KGaA,Huntsman Corporation,Illinois Tool Works Inc.,Lord Corporation,Nippon Paint Co. Ltd.,RPM International Inc.,Royal Adhesives and Sealants LLC,The Dow Chemical Company,ThreeBond Co. Ltd.,Wacker-Chemie AG and other major players.
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6 months ago

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