An exciting new study from the team of Lucintel found that automotive adhesive market is expected to reach $12.7 billion by 2027 with a CAGR of 6.9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The automotive adhesive market is segmented based on resin type, vehicle type, application, structure, and region. In this market, polyurethane adhesive is expected to remain the largest resin type, and passenger car segment is expected to remain the largest vehicle type. Players can benefit from the available opportunities like growth in automotive industry in China, Japan, India, and other Asian countries.
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 are emerging trends having impact on dynamics of the industry.
Henkel AG, The 3M Company, H.B. Fuller Company, Arkema, and Sika AG are some of the major players profiled in this 220 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the automotive adhesive market by resin type (epoxy, polyurethane, acrylic and others), vehicle type (passenger car and light commercial vehicle), application (interior and exterior), structure (structural and non-structural), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive adhesive market?
Q.4 What are some changing demands of customers in the automotive adhesive market?
Q.5 What are the new developments in the automotive adhesive market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive adhesive area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this automotive adhesive market?
This unique report from Lucintel 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 protected]
About Lucintel
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.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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