Lucintel’s latest market report analyzed that automotive adhesive provides attractive opportunities in passenger car and light commercial vehicles. The automotive adhesive market is expected to reach $12.7 billion by 2027 with a CAGR of 6.9%. In this market, polyurethane adhesive is the largest segment by resin type, whereas passenger car is largest by vehicle type. Increasing use of composites and lightweight materials in vehicles and new silicone-based electrically conductive adhesives in various automotive applications, and increasing applications of two component polyurethane adhesives provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/automotive-adhesive-market.aspx Based on resin type, the automotive adhesive market is segmented into epoxy, polyurethane, acrylic and others. The polyurethane adhesive segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its low price, durability, and performance.
Browse in-depth TOC on “Automotive Adhesive Market”
132 – Tables
157 – Figures
220 – Pages
The Automotive Adhesive Market is marked by the presence of several big and small players. Some of the prominent players offering automotive adhesive include Henkel AG, The 3M Company, H.B. Fuller Company, Arkema, and Sika AG.
Request Sample Report:
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Company Name: Lucintel
Contact Person: Brandon Fitzgerald
Email: Send Email
Address:8951 Cypress Waters Blvd., Suite 160
Country: United States