
Report ID: SQMIG15E2643
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive adhesives market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Automotive Adhesives Market size was valued at USD 4.89 Billion in 2023 poised to grow from USD 5.18 Billion in 2024 to USD 8.19 Billion by 2032, growing at a CAGR of 5.9% in the forecast period (2025-2032).
The competitive landscape of the global automotive adhesives market is characterized by the presence of major players focused on innovation, strategic partnerships, and expanding product portfolios. Henkel AG, 3M, Dow, H.B. Fuller, and Sika are some of the front-running players in the market that have developed innovative technologies of adhesives suitable for the diversified needs of the automotive industry. These companies put more money into R&D to develop sustainable, high-performance adhesives on lightweight materials, electric vehicles, and enhanced bonding applications, which will contribute to market growth and increased competition. 'Henkel AG (Germany)', '3M (USA)', 'Dow (USA)', 'H.B. Fuller (USA)', 'Sika AG (Switzerland)', 'BASF SE (Germany)', 'Arkema Group (France)', 'ITW Performance Polymers (USA)', 'Adhesive Technologies Ltd. (United Kingdom)', 'Mitsubishi Chemical Corporation (Japan)', 'Momentive Performance Materials (USA)', 'Scotchman Industries (USA)', 'Ashland Inc. (USA)', 'Lord Corporation (USA)', 'Kaneka Corporation (Japan)'
The growing demand for lightweight materials within automotive manufacturing would continue to drive the global automotive adhesives market growth. As automakers pursue improved fuel efficiency and overall vehicle performance, they are focusing significantly on reducing weight - adhesives are being considered as a very effective solution, and lightweight bonding with composites and plastics is driving their adoption in vehicle assembly.
Rising Adoption of Lightweight Vehicles Driving Adhesives Demand: The increasing weight consciousness of manufacturing lightweight vehicles increases fuel efficiency while reducing emissions demand for better automotive adhesives is now rising. Since traditional mechanical fasteners are fast being replaced with structural adhesives, their usage has considerably improved vehicle robustness and resistance to crashes, which is essential for electric vehicle applications, whose batteries are joined by adhesives to realize high energy efficiencies and extended operating ranges.
Asia Pacific is the largest contributor to the global automotive adhesives market across the globe due to the rapidly growing automotive manufacturing sector, especially in the Asia Pacific region- China, Japan, and India. Automotive OEMs, low-cost production, and increased demand for electric vehicles and lightweight materials create a leadership position for this region in terms of adhesive innovation and consumption.
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Report ID: SQMIG15E2643
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