Automotive Adhesives Market Research Report by Vehicle Type (Buses, LCV, and Passenger Car), Technology, Resin, Application, State (Texas, New York, and Florida) - United States Forecast to 2027 - Cumulative Impact of COVID-19

The United States Automotive Adhesives Market size was estimated at USD 1,400.03 million in 2021 and expected to reach USD 1,562.82 million in 2022, and is projected to grow at a CAGR 8.14% to reach USD 2,239.77 million by 2027.

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Automotive Adhesives to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Vehicle Type, the market was studied across Buses, LCV, Passenger Car, and Trucks.

Based on Technology, the market was studied across Hot-Melt, Reactive, Solvent-Based, and Water-Based.

Based on Resin, the market was studied across Acrylics Adhesive, Epoxy Adhesive, MMA Adhesive, Polyurethane Adhesive, SMP Adhesive, and Silicone Adhesive.

Based on Application, the market was studied across Assembly, Body in White (BIW), Paint Shop, and Powertrain. The Assembly is further studied across Direct Glazing, Headliner, Sunroof, Trim Parts, and Upholstery. The Body in White (BIW) is further studied across Antiflutter, Hem Flange Bonding, Seam Sealing/Spot Sealant, and Structural Bonding. The Paint Shop is further studied across Seam Sealing, Sound Deadening, Underbody Coating, and Underbody Sealing. The Powertrain is further studied across Liquid Gasket.

Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of

COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Adhesives Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Automotive Adhesives Market, including 3M Company, Ashland Specialty Chemical Company, BASF SE, Bayer AG, Covalence Adhesives, Dow Chemical Company, DuPont de Nemours, Inc., Dynea International Oy, Ems-Chemie Holding AG, ExxonMobil Chemical Company, Forbo Adhesives Switzerland, H.B. Fuller Company, Henkel & Co. KGaA, Hexion Specialty Chemicals, Hindustan Adhesives Limited, Illinois Tool Works Inc., Innovative Resin Systems, Inc., Jowat SE, Klebchemie M. G. Becker GmbH, L&L Products, Master Bond Inc., Parker Hannifin Corporation, PPG Industries, Inc., Sika AG, Sunstar Engineering Group, and Unitech Co., Ltd..

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Automotive Adhesives Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Automotive Adhesives Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Automotive Adhesives Market?
4. What is the competitive strategic window for opportunities in the United States Automotive Adhesives Market?
5. What are the technology trends and regulatory frameworks in the United States Automotive Adhesives Market?
6. What is the market share of the leading vendors in the United States Automotive Adhesives Market?
7. What modes and strategic moves are considered suitable for entering the United States Automotive Adhesives Market?

Please Note: PDF & Excel + Online Access - 1 Year

Companies Mentioned

3M Company
Ashland Specialty Chemical Company
BASF SE
Bayer AG
Covalence Adhesives
Dow Chemical Company
DuPont de Nemours, Inc.
Dynea International Oy
Ems-Chemie Holding AG
ExxonMobil Chemical Company
Forbo Adhesives Switzerland
H.B. Fuller Company
Henkel & Co. KGaA
Hexion Specialty Chemicals
Hindustan Adhesives Limited
Illinois Tool Works Inc.
Innovative Resin Systems, Inc.
Jowat SE
Klebchemie M. G. Becker GmbH
L&L Products
Master Bond Inc.
Parker Hannifin Corporation
PPG Industries, Inc.
Sika AG
Sunstar Engineering Group
Unitech Co., Ltd.