Opportunities for Adhesives in the Chinese Automotive Industry 2016-2021: Trends, Forecast, and Opportunity Analysis, April 2016
According to a new market report published by automotive industry looks strong with opportunities in the passenger cars, light commercial vehicles.
Adhesives in the Chinese automotive industry are forecast to grow at a CAGR of 9 % from 2016 to2021. The major drivers of growth for this market are growth in the production of passenger cars andlight commercial vehicles, and increased demand for lightweight materials.
In this market, epoxy adhesives, polyurethane adhesives, acrylic adhesives, and other adhesives aresome of the major segments of automotive adhesives. On the basis of its comprehensive research,
Lucintel forecasts that the polyurethane adhesives and epoxy adhesives segment are expected to showabove average growth during the forecast period.
Within the Chinese automotive adhesives industry, the polyurethane adhesives segment is expected toremain as the largest market. Diverse applications of polyurethane adhesives in the automotive industryare expected to drive adhesives consumption, which would spur growth for this segment over theforecast period.
For market expansion, report suggests innovation and new product development, where the uniquefeatures of automotive adhesives can be capitalized. The report further suggests the development ofpartnerships with customers to create win-win situations and development of low-cost solutions forcustomers.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use ofcomposites and lightweight materials in automotive vehicles, increasing applications of two componentpolyurethane adhesives, development of new silicone-based electrically conductive adhesives inautomotive sensor applications, and development of fast cure and high temperature-resistantadhesives. Henkel AG & Co KGaA, 3M Company, The Dow Chemical Company, Sika AG, and H.B
Fuller are the major manufacturers of adhesives in the Chinese automotive industry. Some companiesare opting for merger & acquisition as strategic initiatives for driving growth.
Chinese automotive industry by product, vehicle, and application, and has come up with acomprehensive research report, “Opportunities for Adhesives in the Chinese Automotive Industry2016-2021: Trends, Forecast, and Opportunity Analysis” The Lucintel report serves as aspringboard for growth strategy, as it provides a comprehensive data and analysis on trends, keydrivers, and directions. The study includes a forecast for adhesives in the Chinese automotive industrythrough 2021, segmented by product, vehicle, and application type as follows:
By Product ($ million from 2010 to 2021)
By Vehicle ($ million from 2010 to 2021)
Light Commercial Vehicles
By Application ($ million from 2010 to 2021)
This report answers following 10 key questions:
Q. 1 What are some of the most promising, high-growth opportunities for adhesives in the Chineseautomotive industry by applications?
Q. 2 Which product segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges ofthe market?
Q.4 What are the business risks and competitive threats in this market?
Q.5 What are emerging trends in this market and reasons behind them?
Q.6 What are some changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading thesedevelopments?
Q.8 Who are the major players in this market? What strategic initiatives are being implemented bykey players for business growth?
Q.9 What are some of the competitive products and processes in this area and how big of a threatdo they pose for loss of market share via materials / product substitution?
Q.10 What M & A activity has transpired in the last 5 years in this market and what is its impact onthe industry?
This unique report from Lucintel will provide you with valuable information, insights, and tools needed toidentify new growth opportunities and operate your business successfully in this market. This report willsave hundreds of hours of your own personal research time and will significantly benefit you inexpanding your business in this market. In today’s stringent economy, you need every advantage thatyou can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinational materialssuppliers, product manufacturers, investors, executives, distributors, and many more that operate in thismarket.
Some of the features of “Opportunities for Adhesives in the Chinese Automotive Industry 2016-2021:
Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Adhesives in Chinese automotive industry size estimation in terms ofvolume (M lbs.) and value ($M) shipment.
Trend and forecast analysis: Adhesives in Chinese automotive industry trend (2010-2015) andforecast (2016-2021) by segment.
Segmentation analysis: Adhesives in Chinese automotive industry size by various producttypes such as epoxy, polyurethane, acrylic and others and by vehicle types such as lightcommercial vehicle and passenger car both in terms of volume and value shipment.
Growth opportunities: Analysis on growth opportunities in different applications.
Strategic analysis: This includes M&A, new product development, competitive landscape, andexpansion strategies of adhesives in Chinese automotive industry suppliers.
Emerging applications: Emerging applications of adhesives in Chinese automotive industry
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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