1. What is the projected Compound Annual Growth Rate (CAGR) of the Automotive Adhesives?
The projected CAGR is approximately 3.1%.
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Automotive Adhesives by Type (Urethane, Epoxy, Acrylic, Others), by Application (Body-in-White, Interior & Exterior, Assembly, Aftermarket), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global automotive adhesives market is projected to grow from $6,903 million in 2023 to $8,468 million by 2026, exhibiting a CAGR of 5.1%. The market growth can be attributed to a significant surge in vehicle production, rising demand for lightweight vehicles, and increasing use of adhesives in automotive components. Adhesives offer enhanced bonding strength, reduce weight, and improve fuel efficiency, thereby driving their adoption in the automotive sector.
North America and Europe are expected to remain key markets for automotive adhesives, owing to the presence of major automotive manufacturers and a robust aftermarket industry. However, APAC is poised to witness substantial growth, driven by the burgeoning automotive sector in countries like China, India, and Japan. Key market players such as Henkel, Sika, and Arkema Group continue to invest in R&D to develop innovative adhesives that meet the evolving demands of the automotive industry.
Automotive adhesives consumption is rising owing to increasing demand for lightweight materials and complex designs. Polyurethane adhesives are the most common type, thanks to their durability, strength, and ability to withstand harsh automotive environments. The demand for automotive adhesives is soaring in the Asia-Pacific region due to growth in automobile production and rising disposable incomes.
The need for improved fuel efficiency, stringent emissions regulations, and the popularity of lightweight materials are propelling the growth of the automotive adhesives market. Adhesives reduce vehicle weight by eliminating the need for mechanical fasteners and welded joints. This weight reduction improves fuel efficiency and lowers carbon emissions.
High raw material prices and the availability of alternative joining methods pose challenges to the automotive adhesives market. Fluctuating prices of petrochemicals, the primary raw material for adhesives, can impact production costs and profitability. Additionally, the development of advanced welding and bonding technologies may limit the application of adhesives in certain areas.
Body-in-white applications is the largest segment in the global automotive adhesives market, driven by the need for structural bonding in vehicle frames and panels. Urethane adhesives are the most dominant type due to their high strength-to-weight ratio and durability.
Asia-Pacific is the dominating region, accounting for over 50% of the global automotive adhesives market. China, India, and South Korea are key markets due to their rapidly growing automobile industries and increasing demand for lightweight vehicles.
Technological advancements in adhesive formulations and application techniques are driving market growth. The development of new adhesive materials with enhanced performance and durability is expanding the range of applications. The adoption of automation and robotics in adhesive application processes is improving efficiency and reducing production costs.
Automotive adhesives manufacturers are investing heavily in research and development to enhance product performance and explore new applications. Strategic partnerships and acquisitions are also shaping market dynamics. For instance, Henkel acquired the automotive adhesives business of Aalberts Industries to strengthen its position in the automotive adhesives market.
The Mordor Intelligence Automotive Adhesives Market Report provides detailed insights into the market dynamics, growth factors, and challenges. It offers segmentation by type, application, and region, covering key industry developments, leading players, and market dynamics analysis. The report provides projections for the future market and actionable insights for stakeholders.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 3.1% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 3.1%.
Key companies in the market include Henkel, Sika, Arkema Group, 3M, Illinois Tool Works, Huitian Adhesive, ThreeBond, Uniseal, Sunstar, H.B.Fuller, PPG, Parker Hannifin, Unitech, Jowat, DuPont, Darbond.
The market segments include Type, Application.
The market size is estimated to be USD 6903 million as of 2022.
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Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3480.00, USD 5220.00, and USD 6960.00 respectively.
The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "Automotive Adhesives," which aids in identifying and referencing the specific market segment covered.
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While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
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