in , , ,

Global Automotive Adhesive and Sealants Market – Analysis and Forecast 2024 | Kommerling, 3M Company

The global automotive adhesive & sealants market is expected to reach USD 13.6 billion by 2024, owing to increasing concerns about greenhouse gas emissions and fuel consumption that is projected to bolster the demand of adhesive and sealants in passenger as well as commercial vehicles. It is considered that approximately 5% to 8% of fuel is saved when the weight of the automobile is reduced. Additionally, the decreased weight of the automobile assists in managing the CO2 emission from the vehicles during its complete life span. Moreover, automobile manufacturers are concentrating majorly upon automotive constituents that are developed from thermoplastic elastomers to upgrade automobiles performance and manufacture vehicles that are lightweight.

Download Free Report Sample at: https://www.vynzresearch.com/chemicals-materials/automotive-adhesives-and-sealants-market/request-sample

Geographic Overview
Geographically, Asia Pacific accounted for largest revenue in the global automotive adhesive & sealants market in 2017 and is further expected to become largest revenue holder in this market by 2024. The increasing growth of this market is accounted towards extensive manufacturing capacity for passenger vehicles and LCV segment in this region that is projected to hold approximately 50% of the global manufacturing process. Additionally, accelerating demand for LCV and passenger cars in this region is exaggerating the demand for automotive adhesive and sealants in Asia-Pacific. Increasing disposable income, mounting economy and improved standards of living of the citizens in countries such as China and India, are the major factors attributed towards the increasing growth of automotive adhesive and sealants market. 

Explore Full Report Sample at: https://www.vynzresearch.com/chemicals-materials/automotive-adhesives-and-sealants-market

Competitive Insight
The key companies operating in the global automotive adhesive & sealants market include Henkel AG & Co. KGaA, 3M Company, Dow Chemical Co., Kommerling, PPG Industries, Inc., Permatex, Krayden, Inc., and Sika AG.

Global Automotive Adhesive and Sealants Market Coverage

Application Insight and Forecast 2014 – 2024

  • UTH and Power Train
  • BIW
  • Assembly
  • Paint Shop

Type Insight and Forecast 2014 – 2024

  • Polyurethanes
  • Rubber
  • Epoxy
  • Acrylics
  • Silicones
  • PVC
  • Hot Melts

Geographical Segmentation

Automotive Adhesive and Sealants Market by Region

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Czech Republic
  • Netherlands
  • Spain
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
  • Indonesia
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East and Africa

Contact
Kundan Kumar
Manager: Client Care
Toll-Free:1-888-253-3960
Website:https://www.vynzresearch.com
Email:support@vynzresearch.com
Connect With us:Linkedin | Twitter |Google | Facebook



Advertisements

What do you think?

0 points
Upvote Downvote

Written by VynZ Research

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Loading…

0

Comments

0 comments

Cardiac Monitoring and Cardiac Rhythm Management Market, Industry Insights by Product, End-User, Growth, Challenges, Analysis and Forecast 2024

Global Polymer Concrete Market – Analysis and Forecast to 2024 | BASF SE, BaseTek