Automotive Adhesives and Sealants Market Size

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

Automotive Adhesives and Sealants Market Size

Automotive Adhesives & Sealants Market size was over USD 9.2 billion in 2024 and is poised to reach USD 17.1 billion by the end of 2037, expanding at a CAGR of 5.3% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of automotive adhesives & sealants is estimated at USD 9.7 billion.

The emphasized production of vehicles is impacting the industry with significant growth. Rising demand for lightweight and high-performing vehicles is escalating the scope of product development. Innovations and Strategic partnerships are fueling the researchers to introduce sustainable and efficient adhesive solutions. The consistent requirement for quality additives from repairing and servicing in the automotive sector is securing steady market growth.

Enhanced bonding technologies including UV-curable and thermoset adhesives are bringing versatility in application for the autonomous sector. Further, the enhanced performance is encouraging manufacturers to incorporate these techniques for production. In April 2024, Panacol launched Vitralit, a series of stress-releasing and fast-curing adhesives. The verse application in automotive electronics and e-mobility is intended to produce a high volume of commutators in a short time. Various bonding composites are now being introduced for battery cell sealing, PCB component attachment, optical alignment, and sensor potting. Innovative sealants can offer improved performance and better adhesion for next-generation transportation such as electric vehicles, promoting the automotive adhesives & sealants market.


Automotive Adhesives and Sealants Market overview
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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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