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Automotive Adhesives Market: Global Industry Analysis and Forecast 2015 - 2021

Persistence Market Research

Automotive Adhesives Market: Global


Industry Analysis and Forecast 2015 - 2021

Persistence Market Research

Automotive Adhesives Market: Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research Released New Market Report on Automotive Adhesives
Market: Global Industry Analysis and Forecast 2015 - 2021.
Adhesives and sealants are the most versatile bonding agents available today and are used by
automakers to make cars lighter and tougher. Adhesives are made from precise blends of synthetic
rubber elastomers, resins and agents or additives used to enhance certain characteristics, depending on
the end use. Automakers today use aluminum and composites that cannot be welded together but have to
be glued to hold the body parts together even at top speed and high pressure. Adhesives do not lose
strength and hence are used for these applications. Adhesives bonding renders the vehicles quieter, more
durable and safer and are replacing conventional joining techniques such as welding, riveting and bolting.

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Adhesives find numerous applications in the automobile industry and have revolutionized the way
automobiles have been designed and built. Adhesives are used to assemble rubber, metal, glass, plastics
and numerous other materials during the manufacture of automobiles. Adhesives help prevent the ingress
of salt, dirt and water in the car body shell. Adhesives help in improving body stiffness and durability and
provide improved crash performance. Every stage of production of an automobile, whether for non-loadbearing body components or structural parts, uses adhesives in one form or other. Adhesives are used in
manufacture of engines, body components, gear boxes and mounted parts such as wing mirrors, seats
and steering wheels. Interior applications include tray systems, safety systems, seating systems, as well
as sub assembly and acoustical material assembly. In addition, adhesives are used for direct glazing,
where they contribute to an increased rigidity of the car body.

Adhesives can be applied with high speed on the production line, which results in cost reduction and
savings. Hence, adhesive consumption per vehicle is expected to increase, as automotive designers
continue to exploit the cost saving potential of adhesives. In addition, adhesives help to cut down on
noise, vibration and harshness characteristics. Adhesives improve fuel efficiency of automobiles and
provide enhanced performance which is a key driving factor behind the advancement of adhesives in the
automotive industry.

Consistent growth and presence of wide range of suppliers, distributors and manufacturers are the some
of the characteristics of the adhesives market. Asia-Pacific, Eastern Europe, and Latin America hold

Persistence Market Research

Automotive Adhesives Market: Global Industry Analysis and Forecast 2015 - 2021
potential for growth. Asia Pacific is the fastest growing region for the adhesives industry due to growing
demand for adhesives in South Korea, Japan, Malaysia, Vietnam, China, Australia and India.

North America and Europe are saturated markets and will grow with a low compound annual growth rate
in the near future. The adhesive market in the U.S. has lost ground to China due to migration of
manufacturing facilities to China but the country continues to play a significant role in the adhesives
market.

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The industry remains fragmented, with numerous medium-sized companies with a high level of
customization, particularly in the highest-value adhesive segments. The cost of producing adhesives is
attributable to the cost of the raw materials along with the requisite service component of training
customers and helping them resolve manufacturing issues. Some of the key players in this market are
Sika AG (Switzerland), The Dow Chemical Company (U.S.), Bayer (Germany), Henkel (Germany), BASF
(Germany), 3M Company (U.S.), Ashland Specialty Chemical Company (U.S.), H.B. Fuller
Company(U.S.), Hindustan Adhesives Limited (India), ExxonMobil Chemical Company (U.S) , Dynea
International Oy (Finland) , Forbo Adhesives Switzerland (Switzerland), Hexion Specialty Chemicals (U.S)
and Covalence Adhesives (U.S.) among others.

Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp

Persistence Market Research

Automotive Adhesives Market: Global Industry Analysis and Forecast 2015 - 2021
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