Automotive Adhesives & Sealants Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 7.80 Billion |
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Market Size (2028) | USD 9.96 Billion |
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Largest Share by Resin | Polyurethane |
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CAGR (2024 - 2028) | 6.30 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Automotive Adhesives & Sealants Market Analysis
The Automotive Adhesives & Sealants Market size is estimated at 7.80 billion USD in 2024, and is expected to reach 9.96 billion USD by 2028, growing at a CAGR of 6.30% during the forecast period (2024-2028).
7.80 Billion
Market Size in 2024 (USD)
9.96 Billion
Market Size in 2028 (USD)
2.26 %
CAGR (2017-2023)
6.30 %
CAGR (2024-2028)
Largest Market by Technology
39.59 %
value share, Reactive, 2023
Globally, reactive technology has registered the highest market share due to its wide-ranging applications in the automotive industry for assembling, repairing, thread-locking, and others.
Largest Market by Resin
27.04 %
value share, Polyurethane, 2023
Polyurethane resins hold the largest market share owing to their applications as adhesives and sealants in the automotive industry, specifically for interior and exterior applications.
Largest Market by Region
56.14 %
value share, Asia-Pacific, 2023
Asia-Pacific is the largest regional market, driven mainly by the demand for passenger and commercial vehicles in countries including India, China, South Korea, Indonesia, and Japan.
Fastest Growing Market by Region
6.99 %
Projected CAGR, Asia-Pacific, 2024-2028
Due to the rising concern toward carbon emission norms and rapidly growing demand for electric vehicles, Asia-Pacific is projected to be the fastest-growing region over the coming years.
Leading Market Player
19.54 %
market share, Henkel AG & Co. KGaA, 2021
Henkel is the leading automotive adhesives and sealants producer globally, delivering high-performance solutions to meet the changing demand from the automotive industry.
Growing technological advancements in automobiles to augment market demand
- The number of vehicles in the global automotive market is expected to record a CAGR of 2% annually, which is expected to lead to an increase in the demand for adhesives and sealants required for the automotive industry in the forecast period 2022-2028.
- The major companies worldwide are working on making vehicles lighter in weight for better fuel efficiency and as cost-cutting measures. To achieve this, automotive companies are using automotive adhesives and sealants to replace bulkier metal frames and joinery components, such as weld joints. These technological developments are expected to increase demand for automotive adhesives and sealants in the forecast period.
- Polyurethane, epoxy, and acrylic resin-based adhesives and sealants are majorly used in automobiles because of their wide-ranging applicability to different substrates, such as glass, plastic, ceramics, metals, and composites, which are major materials of construction in the industry for the production of automobiles. Adhesives and sealants have also become integral parts of automobile manufacturing with the adoption of these materials.
- VAE/EVA resin-based automotive sealants and adhesives accounted for nearly 8% of the market value share in 2021 because of their utility as hot melt adhesives in the manufacturing of automobiles for applications, such as seats and interior, automobile electronic components fixation, and in the automotive aftermarket, specifically for seats and interiors. The hot melt adhesives offer good adhesion for leather, fabric, glass, and polymer-based surfaces.
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The growing trend of 'bonding instead of welding' has significantly contributed to the market demand
- The Asia-Pacific is the largest producer of vehicles in the world, as countries like China, India, and Japan are some of the major vehicle producers across the globe. Vehicle production in the region was expected to grow by 5.9% in 2022 from 47.9 million units in 2021. In 2020, many countries, including China, India, Malaysia, Japan, and Indonesia, were impacted by the COVID-19 pandemic. The consumption of automotive adhesives and sealants declined by nearly 13.3% compared to 2019 due to the shutdown of production facilities, the closing of international borders, and raw material shortages in several countries.
- The United States dominates the North American automotive adhesives market due to its huge automotive production capacity. The United States ranks second globally in automotive production, with 9.17 million units produced in 2021, whereas Mexico made 3.1 million units and Canada made 1.1 million units.
- The growing trend of 'bonding instead of welding' has significantly contributed to the region's demand for automotive adhesives and sealants. As automakers are always innovating to make vehicles lighter to improve fuel efficiency and reduce CO2 emissions, usage of adhesives for plastic roofs, bumpers, or crash-relevant parts - bonded joints have become an effective alternative to traditional joining procedures such as screws, rivets, or welding.
- As part of the European Commission's climate goals to reduce greenhouse house emissions by at least 55% by 2030, The legislation 'Fit for 55' sets targets to reduce CO2 emissions from cars by 55% and vans by 50% by 2030. This regulation is expected to boost the demand for electric vehicles, which, in turn, is expected to increase the demand for automotive adhesives and sealants over the forecast period 2022-2028.
Global Automotive Adhesives & Sealants Market Trends
Favorable government policies to promote electric vehicles will propel automotive industry
- Since 2021, the global automotive industry has been expected to grow steadily but at a slower pace because of the decline in consumers' preferences for individual ownership of passenger vehicles and their increased preference for shared mobility in transportation. The global automotive industry is expected to experience a growth rate of 2% annually, with an expected value addition of USD 1.5 trillion in total revenue during the forecast period.
- In 2020, due to the impact of the COVID-19 pandemic, vehicle sales declined but recovered rapidly in 2021 because the governments of various countries took measures to support their economies, as automotive markets usually contribute majorly to their GDP. Vehicle sales declined from 90 million units of passenger vehicles in 2019 to 78 million units in 2020.
- The introduction of electric vehicles worldwide has contributed significantly to the overall revenue of the global automotive market because of their cheaper energy costs, environmentally benign nature, and efficient mobility features. Various government policies and standards also work as driving factors to increase EV production. For instance, the EU standards for CO2 emissions increased the demand for electric vehicles in 2021. As per the IEA's Sustainable Scenario, 230 million electric vehicles are required to replace combustion fuel-based vehicles by 2030. In 2021, Tesla, the largest EV manufacturer, recorded a rise of 157% in the number of electric vehicles manufactured. This growing trend of consumers preferring electric vehicles is expected to rise further during the forecast period (2022-2028).
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Automotive Adhesives & Sealants Industry Overview
The Automotive Adhesives & Sealants Market is fragmented, with the top five companies occupying 34.49%. The major players in this market are 3M, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC and Sika AG (sorted alphabetically).
Automotive Adhesives & Sealants Market Leaders
3M
H.B. Fuller Company
Henkel AG & Co. KGaA
Huntsman International LLC
Sika AG
Other important companies include Arkema Group, AVERY DENNISON CORPORATION, DELO Industrie Klebstoffe GmbH & Co. KGaA, Dow, DuPont, Hubei Huitian New Materials Co. Ltd, Illinois Tool Works Inc., PPG Industries, Inc., SHINSUNG PETROCHEMICAL, ThreeBond Holdings Co., Ltd..
*Disclaimer: Major Players sorted in alphabetical order.
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Automotive Adhesives & Sealants Market News
- May 2022: ITW Performance Polymers announced a distribution partnership with PREMA SA in Poland for its Devcon brand.
- April 2022: ITW Performance Polymers launched Plexus MA8105 as its newest adhesive with fast room-temperature curing, excellent mechanical properties, and a broad range of adhesion.
- March 2022: Bostik signed an agreement with DGE for distribution throughout Europe, Middle East & Africa. The agreement includes Born2BondTM engineering adhesives developed for 'by-the-dot' bonding applications in specific industries, such as automotive, electronics, luxury packaging, medical devices, and MRO.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.
Automotive Adhesives & Sealants Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. End User Trends
2.1.1. Automotive
2.2. Regulatory Framework
2.2.1. Argentina
2.2.2. Australia
2.2.3. Brazil
2.2.4. Canada
2.2.5. China
2.2.6. EU
2.2.7. India
2.2.8. Indonesia
2.2.9. Japan
2.2.10. Malaysia
2.2.11. Mexico
2.2.12. Russia
2.2.13. Saudi Arabia
2.2.14. Singapore
2.2.15. South Africa
2.2.16. South Korea
2.2.17. Thailand
2.2.18. United States
2.3. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
3.1. Resin
3.1.1. Acrylic
3.1.2. Cyanoacrylate
3.1.3. Epoxy
3.1.4. Polyurethane
3.1.5. Silicone
3.1.6. VAE/EVA
3.1.7. Other Resins
3.2. Technology
3.2.1. Hot Melt
3.2.2. Reactive
3.2.3. Sealants
3.2.4. Solvent-borne
3.2.5. UV Cured Adhesives
3.2.6. Water-borne
3.3. Region
3.3.1. Asia-Pacific
3.3.1.1. Australia
3.3.1.2. China
3.3.1.3. India
3.3.1.4. Indonesia
3.3.1.5. Japan
3.3.1.6. Malaysia
3.3.1.7. Singapore
3.3.1.8. South Korea
3.3.1.9. Thailand
3.3.1.10. Rest of Asia-Pacific
3.3.2. Europe
3.3.2.1. France
3.3.2.2. Germany
3.3.2.3. Italy
3.3.2.4. Russia
3.3.2.5. Spain
3.3.2.6. United Kingdom
3.3.2.7. Rest of Europe
3.3.3. Middle East & Africa
3.3.3.1. Saudi Arabia
3.3.3.2. South Africa
3.3.3.3. Rest of Middle East & Africa
3.3.4. North America
3.3.4.1. Canada
3.3.4.2. Mexico
3.3.4.3. United States
3.3.4.4. Rest of North America
3.3.5. South America
3.3.5.1. Argentina
3.3.5.2. Brazil
3.3.5.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
4.4.1. 3M
4.4.2. Arkema Group
4.4.3. AVERY DENNISON CORPORATION
4.4.4. DELO Industrie Klebstoffe GmbH & Co. KGaA
4.4.5. Dow
4.4.6. DuPont
4.4.7. H.B. Fuller Company
4.4.8. Henkel AG & Co. KGaA
4.4.9. Hubei Huitian New Materials Co. Ltd
4.4.10. Huntsman International LLC
4.4.11. Illinois Tool Works Inc.
4.4.12. PPG Industries, Inc.
4.4.13. SHINSUNG PETROCHEMICAL
4.4.14. Sika AG
4.4.15. ThreeBond Holdings Co., Ltd.
5. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS
6. APPENDIX
6.1. Global Adhesives and Sealants Industry Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)
6.1.3. Global Value Chain Analysis
6.1.4. Drivers, Restraints, and Opportunities
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017-2028
- Figure 2:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 3:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 4:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 5:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, USD, GLOBAL, 2017 - 2028
- Figure 6:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 7:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 8:
- VOLUME OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 9:
- VALUE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 10:
- VALUE SHARE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 11:
- VOLUME OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 12:
- VALUE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 13:
- VALUE SHARE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 14:
- VOLUME OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 15:
- VALUE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 16:
- VALUE SHARE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 17:
- VOLUME OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 18:
- VALUE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 19:
- VALUE SHARE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 20:
- VOLUME OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 21:
- VALUE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 22:
- VALUE SHARE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 23:
- VOLUME OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 24:
- VALUE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 25:
- VALUE SHARE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 26:
- VOLUME OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 27:
- VALUE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 28:
- VALUE SHARE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 29:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 30:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, USD, GLOBAL, 2017 - 2028
- Figure 31:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 32:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 33:
- VOLUME OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 34:
- VALUE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 35:
- VALUE SHARE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 36:
- VOLUME OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 37:
- VALUE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 38:
- VALUE SHARE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 39:
- VOLUME OF AUTOMOTIVE SEALANTS CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 40:
- VALUE OF AUTOMOTIVE SEALANTS CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 41:
- VALUE SHARE OF AUTOMOTIVE SEALANTS CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 42:
- VOLUME OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 43:
- VALUE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 44:
- VALUE SHARE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 45:
- VOLUME OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 46:
- VALUE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 47:
- VALUE SHARE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 48:
- VOLUME OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 49:
- VALUE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 50:
- VALUE SHARE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED BY RESIN, %, GLOBAL, 2021 VS 2028
- Figure 51:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY REGION, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 52:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY REGION, USD, GLOBAL, 2017 - 2028
- Figure 53:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY REGION, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 54:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY REGION, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 55:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
- Figure 56:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2028
- Figure 57:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
- Figure 58:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
- Figure 59:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, AUSTRALIA, 2017 - 2028
- Figure 60:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, AUSTRALIA, 2017 - 2028
- Figure 61:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, AUSTRALIA, 2021 VS 2028
- Figure 62:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 63:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
- Figure 64:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, CHINA, 2021 VS 2028
- Figure 65:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, INDIA, 2017 - 2028
- Figure 66:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, INDIA, 2017 - 2028
- Figure 67:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, INDIA, 2021 VS 2028
- Figure 68:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, INDONESIA, 2017 - 2028
- Figure 69:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, INDONESIA, 2017 - 2028
- Figure 70:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, INDONESIA, 2021 VS 2028
- Figure 71:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, JAPAN, 2017 - 2028
- Figure 72:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, JAPAN, 2017 - 2028
- Figure 73:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, JAPAN, 2021 VS 2028
- Figure 74:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 75:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 76:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, MALAYSIA, 2021 VS 2028
- Figure 77:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SINGAPORE, 2017 - 2028
- Figure 78:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SINGAPORE, 2017 - 2028
- Figure 79:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SINGAPORE, 2021 VS 2028
- Figure 80:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
- Figure 81:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
- Figure 82:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SOUTH KOREA, 2021 VS 2028
- Figure 83:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, THAILAND, 2017 - 2028
- Figure 84:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, THAILAND, 2017 - 2028
- Figure 85:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, THAILAND, 2021 VS 2028
- Figure 86:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF ASIA-PACIFIC, 2017 - 2028
- Figure 87:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2028
- Figure 88:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF ASIA-PACIFIC, 2021 VS 2028
- Figure 89:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, EUROPE, 2017 - 2028
- Figure 90:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2028
- Figure 91:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 92:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 93:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 94:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 95:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, FRANCE, 2021 VS 2028
- Figure 96:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, GERMANY, 2017 - 2028
- Figure 97:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, GERMANY, 2017 - 2028
- Figure 98:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, GERMANY, 2021 VS 2028
- Figure 99:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ITALY, 2017 - 2028
- Figure 100:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, ITALY, 2017 - 2028
- Figure 101:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, ITALY, 2021 VS 2028
- Figure 102:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, RUSSIA, 2017 - 2028
- Figure 103:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, RUSSIA, 2017 - 2028
- Figure 104:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, RUSSIA, 2021 VS 2028
- Figure 105:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SPAIN, 2017 - 2028
- Figure 106:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SPAIN, 2017 - 2028
- Figure 107:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SPAIN, 2021 VS 2028
- Figure 108:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, UNITED KINGDOM, 2017 - 2028
- Figure 109:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, UNITED KINGDOM, 2017 - 2028
- Figure 110:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, UNITED KINGDOM, 2021 VS 2028
- Figure 111:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF EUROPE, 2017 - 2028
- Figure 112:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF EUROPE, 2017 - 2028
- Figure 113:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF EUROPE, 2021 VS 2028
- Figure 114:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 115:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 116:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 117:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 118:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SAUDI ARABIA, 2017 - 2028
- Figure 119:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SAUDI ARABIA, 2017 - 2028
- Figure 120:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SAUDI ARABIA, 2021 VS 2028
- Figure 121:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SOUTH AFRICA, 2017 - 2028
- Figure 122:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SOUTH AFRICA, 2017 - 2028
- Figure 123:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SOUTH AFRICA, 2021 VS 2028
- Figure 124:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 125:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 126:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 127:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, NORTH AMERICA, 2017 - 2028
- Figure 128:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2028
- Figure 129:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2016 VS 2022 VS 2028
- Figure 130:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2016 VS 2022 VS 2028
- Figure 131:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
- Figure 132:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
- Figure 133:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, CANADA, 2021 VS 2028
- Figure 134:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MEXICO, 2017 - 2028
- Figure 135:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, MEXICO, 2017 - 2028
- Figure 136:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, MEXICO, 2021 VS 2028
- Figure 137:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, UNITED STATES, 2017 - 2028
- Figure 138:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, UNITED STATES, 2017 - 2028
- Figure 139:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, UNITED STATES, 2021 VS 2028
- Figure 140:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF NORTH AMERICA, 2017 - 2028
- Figure 141:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF NORTH AMERICA, 2017 - 2028
- Figure 142:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF NORTH AMERICA, 2021 VS 2028
- Figure 143:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, SOUTH AMERICA, 2017 - 2028
- Figure 144:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2028
- Figure 145:
- VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2016 VS 2022 VS 2028
- Figure 146:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2016 VS 2022 VS 2028
- Figure 147:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ARGENTINA, 2017 - 2028
- Figure 148:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, ARGENTINA, 2017 - 2028
- Figure 149:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, ARGENTINA, 2021 VS 2028
- Figure 150:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, BRAZIL, 2017 - 2028
- Figure 151:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, BRAZIL, 2017 - 2028
- Figure 152:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, BRAZIL, 2021 VS 2028
- Figure 153:
- VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF SOUTH AMERICA, 2017 - 2028
- Figure 154:
- VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2028
- Figure 155:
- VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF SOUTH AMERICA, 2021 VS 2028
- Figure 156:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
- Figure 157:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
- Figure 158:
- REVENUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS BY MAJOR PLAYERS, %, GLOBAL, 2021
Automotive Adhesives & Sealants Industry Segmentation
Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.
- The number of vehicles in the global automotive market is expected to record a CAGR of 2% annually, which is expected to lead to an increase in the demand for adhesives and sealants required for the automotive industry in the forecast period 2022-2028.
- The major companies worldwide are working on making vehicles lighter in weight for better fuel efficiency and as cost-cutting measures. To achieve this, automotive companies are using automotive adhesives and sealants to replace bulkier metal frames and joinery components, such as weld joints. These technological developments are expected to increase demand for automotive adhesives and sealants in the forecast period.
- Polyurethane, epoxy, and acrylic resin-based adhesives and sealants are majorly used in automobiles because of their wide-ranging applicability to different substrates, such as glass, plastic, ceramics, metals, and composites, which are major materials of construction in the industry for the production of automobiles. Adhesives and sealants have also become integral parts of automobile manufacturing with the adoption of these materials.
- VAE/EVA resin-based automotive sealants and adhesives accounted for nearly 8% of the market value share in 2021 because of their utility as hot melt adhesives in the manufacturing of automobiles for applications, such as seats and interior, automobile electronic components fixation, and in the automotive aftermarket, specifically for seats and interiors. The hot melt adhesives offer good adhesion for leather, fabric, glass, and polymer-based surfaces.
| Resin | |
| Acrylic | |
| Cyanoacrylate | |
| Epoxy | |
| Polyurethane | |
| Silicone | |
| VAE/EVA | |
| Other Resins |
| Technology | |
| Hot Melt | |
| Reactive | |
| Sealants | |
| Solvent-borne | |
| UV Cured Adhesives | |
| Water-borne |
| Region | ||||||||||||
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Market Definition
- End-user Industry - In the automotive industry, both the OEM and after market adhesive and sealants applications are considered under the scope.
- Product - All adhesive and sealant products used in automotive industry are considered in the market studied
- Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Cyanoacrylate, VAE/EVA, and Silicone are considered
- Technology - For the purpose of this study, Water-borne, Solvent-borne, Reactive, Hot Melt, UV Cured Adhesives, and Sealants technologies are taken into consideration.
| Keyword | Definition |
|---|---|
| Hot-melt Adhesive | Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed. |
| Reactive Adhesive | A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Solvent-borne Adhesive | Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers). |
| Water-borne Adhesive | Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent. |
| UV Cured Adhesive | UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives. |
| Heat-resistant Adhesive | Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage. |
| Reshoring | Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this. |
| Oleochemicals | Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats. |
| Nonporous Materials | Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow. |
| EU-Vietnam Free Trade Agreement | A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019. |
| VOC content | Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants. |
| Emulsion Polymerization | Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product. |
| 2025 National Packaging Targets | In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025. |
| Russian Government’s Import Substitution Policy | The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015. |
| Paper Substrate | Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered. |
| Insulation Material | A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils. |
| Thermal Shock | A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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