Automotive Adhesives Market Insights, Forecast, and Analysis 2024

The global electrical & electronics adhesives market size is expected to reach USD 6.7 billion by 2025, exhibiting a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc.

Rising demand for electronic devices and appliances supported by increasing middle-class income levels is driving the demand for the adhesives.The demand for devices and equipment with high reliability and functionality is increasing owing to the advancement in IoT and the growth of smartphone and automotive sectors.

However, this hampers productivity due to higher cost and time required to be invested in manufacturing process.Stringent regulations on volatile organic compounds (VOCs) are expected to hamper the market growth over the coming years.

Key market players are investing heavily in manufacturing products that use bio-based feedstock.

This is anticipated to drive the demand for new materials and resins used in manufacturing the adhesives.Asia Pacific is a leading producer and consumer of adhesive products, with China being the key country driving the market growth.

The Government of India has issued a National Policy of Electronics to boost the growth of electrical & electronics sector.

In terms of revenue, the global hot melt adhesives market is projected to expand at a CAGR of 8.7% from 2018 to 2026, according to a new research report titled ‘Hot Melt Adhesives Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) In terms of value, the global hot melt adhesives market is expected to reach US$ 8642.2 Mn by 2026.

The hot melt adhesives market in Asia Pacific is estimated to expand at a CAGR of 9.2% during the forecast period, owing to the rapid increase in demand for packaging in food and e-commerce sectors in the region.

Based on product, the ethylene vinyl acetate segment held major share of the global hot melt adhesives market in 2017.

These hot melt adhesives possess better performance properties in terms of crack resistance, resilience, toughness, UV resistance, and light stability.

Technical Limitations in High Temperature Applications and Presence of Potential Substitutes to Restrain MarketHot melt adhesives are thermoplastic compounds.

Growth in industrialization is fueling the demand for hot melt adhesives in various end-use industries, such as packaging, electronics, construction, and automotive, in the emerging economies of Asia Pacific.

Automotive adhesives aid in accomplishing consistency along with integrity in the vehicle.

They additionally help in offering noise diminishing roles to the vehicle and furthermore aid in engrossing the vibrations of the vehicle.

Because of the increasing concerns with respect to the utilization of fuel and the expanding measures of greenhouse gas emissions, the requirement for lightweight automobiles is expanding.One of the prominent drivers for the expansion of the market is the stringent environmental regulations developed by authorities with the purpose of diminishing carbon emissions have directed towards the requirement of lightweight which promotes the utilization of materials, for instance, aluminum for lessening the automotive weight, which directs towards automotive adhesives utilization.

Request For Report Sample: https://www.researchreportinsights.com/report/upsample/120124684/Automotive-Adhesives-Market The Asia-Pacific market is likely to foresee a boost in the demand over the approaching years.

Consistent presence, as well as an expansion of a wide range of manufacturers, distributors and suppliers, is some of the features of the market.

However, the Asia Pacific regional market is the quickest growing region for the industry as a result of increasing adhesives demand in Japan, South Korea, Malaysia, China, Vietnam, India and Australia.Irrespective of reflecting potential growth opportunities, the market is consolidated as a result of the presence of a fewer number of market players centralized in a few nations.

Adiseal adhesive & sealant is the record breaking strongest construction adhesive & sealant, proven in an independent test.

The only way to find out is to have all the products tested together in an independent test to check the manufacturers claims instead of just accepting manufacturers marketing hype.Strongest in independent testIn an independent adhesive strength test by Ultimate Handyman testing many different products on the market, Adiseal adhesive & sealant was proven to be the strongest product by far.

It finished way ahead of anything else & was so strong that it forced the test on Adiseal to be stopped.Using a hydraulic ram to break the bond between wood & metal, the pressure at which each adhesive bond broke was then measured.

All other adhesives broke at 1115 psi or less.

The high performance Adiseal did not even break at over 3123 psi.

The video of the test by Ultimate Handyman can be seen on YouTube, Grab adhesive test 2017.Adiseal is a multipurpose product which outperforms dedicated adhesives & sealants.Adiseal bonds the following items: Metals, wood, glass, mirrors, concrete, masonry, stone, tiles, polystyrene, roof felt, fibreglass, most plastics & many other items.As well as Adiseal being the highest performance adhesive in the independent test, it was also the best performing sealant in our own internal test.Best sealant product testedAs well as Adiseal being the strongest adhesive by far in the independent adhesive strength test, in our own internal sealant tests, Adiseal has the strongest mould resistance & colour retention even underwater.The mould resistance test was carried out by filling plastic cups with water & then applying the different sealants from the different manufacturers inside the cups with half of the sealant below the water line & the other half above.

Automotive Adhesives Market Report, published by Allied Market Research, forecasts that the global market was valued at $3,771 million in 2016, and is projected to reach $5,459 million by 2023, growing at a CAGR of 5.4% from 2017 to 2023.

In addition, adhesive bonding allows combining different types of materials such as aluminum with other metals, plastics, and composites, which otherwise are not reliably joint or would require additional measures to avoid galvanic corrosion effects.Presently, the global automotive adhesives market is witnessing significant growth, owing to increase in demand for lightweight and low carbon emitting vehicles.

High economic growth rate and the increase in demand from end-use industry is further supplement the growth of the market.Get Detailed COVID-19 Imapct Analysis for This Report: https://www.alliedmarketresearch.com/request-for-customization/2200?reqfor=covidThe polyurethane resin type segment accounted for one-third of the total market share, in terms of volume, in 2016.

Moreover, this segment witnesses strong demand in countries such as Brazil, China, and Japan, owing to its superior properties such as bonding on different surfaces, UV & heat stability, rapid curing, superior chemical resistance, and enhanced optical clarity.

Visit: https://www.alliedmarketresearch.com/automotive-adhesives-market/purchase-optionsIn 2016, Asia-Pacific accounted for nearly half of the total automotive adhesives market, and is expected to continue this trend, owing to rapid growth of automotive industry, specifically in China, India, Japan, and other developing countries.The major companies profiled in the report include Henkel & Co. KGaA, Bostik S.A., 3M Company, The DOW Chemical Company, Sika AG, H.B.

Fuller, PPG Industries, Illinois Tool Works Corporation, Jowat AG, and Solvay S.A.Access Full Summary at: https://www.alliedmarketresearch.com/automotive-adhesives-market About Allied Market Research:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.

This report studies Automotive Adhesive Tapes Market with SWOT analysis, Market Share, Competitive Analysis, Segmentation, Insights, Growth, Application, Trends, Market driver analysis, Revenue and PESTEL Analysis, forecast to 2024.

This report focuses on top manufacturers in Global Market.These tapes provide structural strength that have the potential of replacing several mechanical fasteners.

They shorten assembly time, exclude the need for surface refinishing, offer uniform thickness and gap filling characteristics and improve manufacturing flexibility.

Moreover, automotive adhesive tapes are comparatively cheap than mechanical fasteners, which paves the automotive adhesive tape market growth.

However, growing concerns of environment are expected to restrain the automotive adhesive tape market growth in the years to come.

In this report, our team offers a comprehensive analysis of Automotive Adhesive Tapes market, SWOT analysis of the most prominent players in this landscape.

Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.

Download Free Sample Report @ https://www.radiantinsights.com/research/global-automotive-adhesive-tapes-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• 3M• Nitto Denko• Henkel• Tesa• ORAFOL Europe• IPG• Lohmann• Avery Dennison• Scapa• Shurtape• Lintec• Teraoka Seisakusho• GERGONNE On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• PVC Adhesive Tapes• Paper Adhesive Tapes• PP Adhesive Tapes• Other By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Interior• Exterior By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-automotive-adhesive-tapes-market-2020-2026 Table of Contents Global Automotive Adhesive Tapes Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 PVC Adhesive Tapes1.3.2 Paper Adhesive Tapes1.3.3 PP Adhesive Tapes1.3.4 Other1.4 Application Overview1.4.1 Interior1.4.2 Exterior1.5 Industrial Chain1.5.1 Automotive Adhesive Tapes Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 PVC Adhesive Tapes2.1.2 Paper Adhesive Tapes2.1.3 PP Adhesive Tapes2.1.4 Other2.2 The Overall Market Performance(Value)2.2.1 PVC Adhesive Tapes2.2.2 Paper Adhesive Tapes2.2.3 PP Adhesive Tapes2.2.4 Other 3 Global Automotive Adhesive Tapes Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Interior3.3 Exterior Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/medical-devices About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.

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