
Global Automotive Adhesives
Description
Global Automotive Adhesives
Adhesives used in automobile applications provide additional advantages such as high cohesion, durability, and temperature resistance, thereby enhancing the overall performance of vehicles in various end applications. Tanalyze forecasts a compound annual growth rate (CAGR) of 7.8% in the global automotive adhesives market, with an expected value of USD 8.57 billion by 2029.
The market is segmented by type into structural adhesive and non-structural adhesive categories. Notably, the non-structural adhesive segment dominates the global market, projected to grow at a CAGR of 6.1% from 2024 to 2029. Among non-structural adhesives, the rubber segment is expected to reach 694.7 thousand tons by 2029, with a CAGR of 5.9% during the same period. Rubber-based adhesives find application in automotive closures, despite limitations related to corrosion protection and static and dynamic strength.
Across various application segments such as assembly, paint shop, UTH and powertrain, and BIW, the automotive adhesives market is poised for further growth. Tanalyze estimates the BIW segment to reach 700.2 thousand tons by 2029, exhibiting a CAGR of 6.4% from 2024 to 2029. In BIW applications, adhesives play a crucial role in enhancing structural integrity and optimizing vehicle dynamics.
Geographically, Asia-Pacific leads the automotive adhesives market, closely followed by Europe and North America. Europe experienced significant growth, with nearly 3.2 million new electric car registrations in 2023, marking a 20% increase from the previous year. Several European countries, including Germany, achieved notable milestones, with half a million new battery electric car registrations recorded in a single year. Europe represents a substantial market opportunity, with an estimated market size of 470.3 thousand tons by 2029, accounting for a significant 20.2% share of the global automotive adhesives market.
Prominent vendors driving competitive dynamics in the market include Henkel AG & Co. KGaA, 3M Company, Sika AG, Arkema S.A., ThreeBond Holdings Co., Ltd., Pidilite Industries Limited, EMS-Chemie Holding AG, H.B. Fuller Company, Huntsman Corporation, Avery Dennison Corporation, Wacker Chemie AG, Anabond Limited, among others.
This study aims to analyze the global market for various segments of automotive adhesives, including:
Application: Assembly, Paint Shop, UTH (Under-The-Hood) and Powertrain, and BIW (Body-In-White).
Type: Structural Adhesive (PU, Acrylics, and Epoxy) and Non-Structural Adhesive (Hotmelt, Rubber, and Others).
End-User: Refinish and OEM (Original Equipment Manufacturer).
Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA).
Table of Contents
91 Pages
- FIGURES AND TABLES
- Part 1. Key Findings
- Part 2. Scope and Methodology
- Report Scope
- Type
- Application
- End-User
- Region
- Research Methodology
- Part 3. Automotive Adhesives Market Overview
- Summary
- Introduction
- Part 4. Automotive Sealants and Adhesives Market Dynamics
- Dynamics
- Growth Drivers
- Restraints and Challenges
- Regulation
- Opportunities
- Part 5. Global Automotive Adhesives Market by Type
- Structural Adhesive
- Non-Structural Adhesive
- Part 6. Global Automotive Structural Adhesive Market by Type
- PU
- Acrylics
- Epoxy
- Part 7. Global Automotive Non-Structural Adhesive Market by Type
- Hotmelt
- Rubber
- Others
- Part 8. Global Automotive Adhesives Market by Application
- Assembly
- Paint Shop
- UTH and Powertrain
- BIW
- Part 9. Global Automotive Adhesives Market by End-User
- Refinish
- OEM
- Part 10. Global Automotive Adhesives Market by Region
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
- Part 11. Automotive Adhesives Market Competitive Analysis
- Global Automotive Adhesives Market Competition Overview
- Henkel AG & Co. KGaA
- Business Overview
- Contact Information
- The Dow Chemical Company
- Business Overview
- Contact Information
- 3M Company
- Business Overview
- Contact Information
- EMS-Chemie Holding AG
- Business Overview
- Contact Information
- Sika AG
- Business Overview
- Contact Information
- Arkema S.A.
- Business Overview
- Contact Information
- Other Leading Competitors
- Disclaimer
- FIGURES AND TABLES
- Global Automotive Adhesives Market, Net Growth, 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market, Net Growth, 2020-2029 (USD Billion)
- Global Automotive Adhesives Market by Type, 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market Share (%), by Type, 2023/
- Global Automotive Adhesives Market by Type, CAGR Historic and Forecast, 2020-
- Global Automotive Adhesives Market for Structural Adhesive: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market for Non-Structural Adhesive: 2020-2029 (Thousand Tons)
- Global Automotive Structural Adhesive Market by Type, 2020-2029 (Thousand Tons)
- Global Automotive Structural Adhesive Market Share (%), by Type, 2023/
- Global Automotive Structural Adhesive Market by Type, CAGR Historic and Forecast, 2020-
- Global Automotive Structural Adhesive Market for PU: 2020-2029 (Thousand Tons)
- Global Automotive Structural Adhesive Market for Acrylics: 2020-2029 (Thousand Tons)
- Global Automotive Structural Adhesive Market for Epoxy: 2020-2029 (Thousand Tons)
- Global Automotive Non-Structural Adhesive Market by Type, 2020-2029 (Thousand Tons)
- Global Automotive Non-Structural Adhesive Market Share (%), by Type, 2023/
- Global Automotive Non-Structural Adhesive Market by Type, CAGR Historic and Forecast, 2020-
- Global Automotive Non-Structural Adhesive Market for Hotmelt: 2020-2029 (Thousand Tons)
- Global Automotive Non-Structural Adhesive Market for Rubber: 2020-2029 (Thousand Tons)
- Global Automotive Non-Structural Adhesive Market for Others Type: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market by Application, 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market Share (%), by Application, 2023/
- Global Automotive Adhesives Market by Application, CAGR Historic and Forecast, 2020-
- Global Automotive Adhesives Market for Assembly: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market for Paint Shop: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market for UTH and Powertrain: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market for BIW: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market by End-User, 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market Share (%), by End-User, 2023/
- Global Automotive Adhesives Market by End-User, CAGR Historic and Forecast, 2020-
- Global Automotive Adhesives Market for Refinish: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market for OEM: 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market Share (%), by Region,
- Global Automotive Adhesives Market by Region, 2020-2029 (Thousand Tons)
- Global Automotive Adhesives Market Share (%), by Region, 2023/
- Global Automotive Adhesives Market by Region, CAGR Historic and Forecast, 2020-
- North America Automotive Adhesives Market: 2020-2029 (Thousand Tons)
- Europe Automotive Adhesives Market: 2020-2029 (Thousand Tons)
- Asia Pacific Automotive Adhesives Market: 2020-2029 (Thousand Tons)
- Latin America Automotive Adhesives Market: 2020-2029 (Thousand Tons)
- MEA Automotive Adhesives Market: 2020-2029 (Thousand Tons)
- Global Automotive Sealants and Adhesives Market Share, by Top Players,
- Henkel AG & Co. KGaA Financial Overview (EUR Million), 2019-
- Henkel AG & Co. KGaA Revenue, by Segment,
- Henkel AG & Co. KGaA Revenue, by Region,
- The Dow Chemical Company Financial Overview (USD Million), 2019-
- The Dow Chemical Company Revenue, by Segment,
- The Dow Chemical Company Revenue, by Region,
- 3M Company Financial Overview (USD Million), 2019-
- 3M Company Revenue, by Segment,
- 3M Company Revenue, by Region,
- EMS-Chemie Holding AG Financial Overview (CHF Million), 2019-
- EMS-Chemie Holding AG Revenue, by Segment,
- EMS-Chemie Holding AG Revenue, by Region,
- Sika AG Financial Overview (CHF Million), 2019-
- Sika AG Revenue, by Region,
- Sika AG Revenue, by Country,
- Arkema S.A. Financial Overview (EUR Million), 2019-
- Arkema S.A. Revenue, by Segment,
- Arkema S.A. Revenue, by Region,
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