Automotive Adhesives and Sealants Market Share

  • Report ID: 6571
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Automotive Adhesives and Sealants Market Share

APAC Market Statistics

The Asia Pacific automotive adhesives & sealants market is expected to capture the largest share of 35.1% during the forecast period, 2025-2037. The regional market size is predicted to be USD 3.3 billion by 2025 due to the increasing demand for advanced automotive solutions. The rapid growth of the vehicle industry in countries such as India, China, Japan, and South Korea has propelled the sector. The transition toward electrification promoted new opportunities, especially in battery assembly and lightweight fabrication. Sustainability initiatives taken by governing authorities are also pushing manufacturers to adopt proficient alternatives. Global leaders are now expanding their footprint by investing in this region. In October 2024, Celanese established ATC (Asia Technology Center) in Shanghai, China. This research facility is equipped with unmatched technical capabilities to accelerate the process of innovation in this region. The ATC will work on material design and development to support the market business.

India is opening its doorways for investors to grab greater opportunities in the automated adhesives & sealants market. With the rising demand for cost-effective bonding solutions, the country has gained the focus of international players. The economy of local manufacturers in the automotive adhesives & sealants market is growing through government campaigns such as Made in India. Such initiatives have reduced its dependence on external resources, utilizing the domestic reservoir of raw materials. Companies from this country, including Pidilite Industries Ltd and Asian Paints are partnering with global leaders to expand their portfolio in the market. In September 2024, Pidilite collaborated with CollTech to acquire their distribution line in India. This collaboration will solidify both parties' position in this country's adhesives market.

China is also showcasing its growth in the automotive adhesives & sealants market. Increasing demand for passenger and commercial vehicles is influencing the additives market. Its massive production facility and raw material resources are bolstering domestic manufacturers. The implementation of electric and hybrid cars in transportation is demanding better insulators for battery assembly. Companies are now expanding their portfolio in this country through strategic moves. In March 2024, Jowat launched its new manufacturing unit in China. This expansion will enhance its innovation capabilities and will consolidate its leadership in China market.

North America Market Analysis

The automotive adhesives & sealants market in North America is booming due to increasing demand for lightweight vehicles. Technological advancements are evolving additives into more durable and temperature-resistant solutions. They are also developing production methods to meet the demand for personalized bonding solutions. Modern automotive applications are showing a broader range of required fields for adhesives. Water-based and solvent-free compositions are serving to align with regulatory standards. Automotive adhesives & sealants market leaders such as 3M are investing heavily in research and development in this sector. The shift of federal energy regulations is increasing the cost of operation for automotive coatings manufacturers. Such change in economic infrastructure may become a burden for companies, refraining them from future investments.

The U.S. is poised to hold a leading position as one of the major consumer bases of the market. The companies are focusing on developing new technologies to introduce more convenient solutions. In March 2024, Adhesive Research launched a series of ARclad, which works as easy-to-apply foam tapes. These PSA tapes are designed to support reliable and cost-effective solutions for automotive structures. More improved bonding strength and durability are driving a surge in innovation in the automotive adhesives & sealants market. Growing demand for custom formulation is also propelling the diversity of applications. Adhesives and other bonding solutions are now playing a major role in vehicle assembly, repair, and maintenance.

Canada is predicted to witness a boom in the market due to continued investment in research and development of products. These advancements offer enhanced alignment with industry trends. Focus on sustainability is also driving the demand for premium quality additive solvents. The country’s established parts supply chain has facilitated an efficient distribution channel for the automotive adhesives & sealants market. The aftermarket growth is contributing to the demand for diverse applications in vehicle manufacturing and repair. The push for fuel efficiency is building a surge for lightweight materials and advanced additive solvents. Additionally, numerous OEMs and suppliers are raising the market size of adhesives.

Research Nester
Automotive Adhesives and Sealants Market size
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Author Credits:  Saima Khursheed


  • Report ID: 6571
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the automotive adhesives & sealants market was over USD 9.2 billion.

The market size for the automotive adhesives & sealants market is projected to reach USD 17.1 billion by the end of 2037 expanding at a CAGR of 5.3% during the forecast period i.e., between 2025-2037.

The major players in the market are 3M, BASF SE, Evonik Industries AG and Delo, H.B. Fuller Company, Henkel AG & Co., Hernon Manufacturing Inc., Jowat SE, KGaA, Huntsman International LLC, Permabond LLC, PPG Industries, Inc., and others.

In terms of resin type, the medical polyurethane segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The Asia Pacific market is projected to hold the largest market share of 35.1% by the end of 2037 and provide more business opportunities.
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