Energy Industry News
Home | Energy News | Submit Press Release | About Us

Free Utility & Energy Magazines
Press release distribution service

Energy Media
Clean Energy Report
Colorado Energy News
Energy: MIT Tecnology Review
Energy Business Review
Energy Cities
Fuel Fix
Financial Times
Interfax Energy
Green Energy Times
News York Times
NBC News
Oil & Gas Investor
Oil Price
Science Daily
Renewable Energy World
Renewable Energy Transportation
The Daily Energy Report
The Energy Daily

Energy Industry News Releases

Automotive Adhesives Sealants Market Size, Share, Trends, and Growth 2019-2026

(EnergyIndustry.Net, December 18, 2019 ) Market Overview

The adhesives and sealants industry includes two chemically similar but functionally different groups of formulated products. Adhesive products are used to create a bond between two similar or different materials whereas sealants are used to create an impenetrable barrier to moisture or gas. Adhesives and sealants are made from precise blends of synthetic rubber elastomers, resins, and agents or additives used to enhance specific characteristics, depending on the end-use. Industries that typically use adhesives and sealants include consumer products, assembly, automotive, construction, labeling, and packaging.

The global automotive adhesives sealants market is growing at a CAGR of under 6 % during the forecast period (2019-2026).

Download free sample:

Market Dynamics

Expansion of manufacturing operations by domestic and global automotive brands is increasing demand for materials, including adhesives sealants. These are some of the factors propelling market growth. The companies are focused on business expansion to expand their product portfolio and strengthen the business position. For instance, in October 2016, PPG Industrial Inc. completed its first phase of automotive adhesives and sealants manufacturing expansion project at its facility in Tepotzotlan, Mexico.

Similarly, the adoption of the latest innovations in adhesive technologies is having a surge effect on market growth. For instance, in September 2018, Henkel has built the new global innovation center of its Adhesive Technologies business in Dusseldorf, Germany. However, increasing raw material prices is one of the key restraints hampering the growth of this market.

Market Segmentation

On the basis of resin type, the global automotive adhesives and sealants market is segmented into epoxy, acrylic, polyurethane, silicone, and others. Polyurethane dominates the market in terms of versatility and popularity. Polyurethane adhesives has an excellent bonding and vibration resistance for both exteriors (such as bumpers) and interior (such as carpet, trim) components. Owing of its bond strength and ease of application, polyurethanes are a sealant material for automobile window installation. All of these factors are anticipated to propel the market during the forecast period. New techonological development in polyurethane adhesive would propel the market growth for the segment. For instance, in August 2018, Lord Corporation launched fast cure polyurethane adhesive for bonding composites parts produced at high production rates, as in the automotive industry.

Geographical Analysis

Geographically, the global automotive adhesives sealants market is segmented into North America, South America, Europe, Asia Pacific, and Middle East and Africa. Asia Pacific dominates the market due to the increasing focus of automotive manufacturers on technological advancements and lower production costs are a major trend of the market. The rising automotive sales in leading Asian countries such as China and India is positively influencing the growth prospects of the regional market. According to statistics published by International organization of Motor Vehicle Maunufacturers (OICA), the automotive sales witnessed a rise of 3.9% in China and 9.49% in India in 2018, compared to the sales figures in 2017.

Competitive Analysis

The global automotive adhesives sealants market is highly fragmented with the presence of several local and international vendors. Wacker Chemie AG, Henkel Corporation, PPG Industries, Inc., LORD Corporation., and Bostik SA are few of the prominent players in the global automotive adhesives sealants market. PPG Industries, Inc. is one of the major companies and is enhancing the market through acquisition. For instance, in December 2018, PPG Industries, Inc. acquired U.S.-based SEM Products, Inc., manufacturer of repair and refinish products used primarily for automotive applications. Most of the key companies in the market are also strongly focusing on the formation of business partnerships as part of their business strategy to enhance market positioning. For instance, in September 2017, PPG announced its business partnership with automotive giant Renault-Nissan Alliance to deliver tailor-made structural adhesives to more than one million Renault, Nissan and Samsung cars across Asia, Europe, North America, and South America.

View full report:

Enquiry before buying:

Related Reports:

automotive windshield market

automotive nvh materials market

automotive polycarbonate glazing market

automotive sheet metal components market

automotive silicone market

automotive specialty coatings market

About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

For more information:

Sai Kiran

Sales Manager at Data M Intelligence


Tel: +1 877 441 4866


DataM Intelligence

Sai Kiran

+1 877 441 4866

Source: EmailWire.Com

Renewable Energy News

Press release service Free Utility & Energy Magazines
Press release distribution service
:: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at

Copyright 2008 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
EnergyIndustry.Net is a Energy news service of GroupWeb Media LLC