Automotive Adhesives & Sealants Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2026
Aug 8, 2019
Summary: A new market study, titled “Discover Global Automotive Adhesives & Sealants Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Pune, India - August 8, 2019 /MarketersMedia/ —
Introduction
Global Automotive Adhesives & Sealants Market
The global Automotive Adhesives & Sealants Market is likely to exhibit steady growth over the forecast period, according to the latest report on Wise Guy Research (WGR). The global Automotive Adhesives & Sealants Market’s major drivers and restraints are analyzed in the report, which provides readers with a clear picture of what’s driving and what’s holding back the Automotive Adhesives & Sealants Market. The historical trajectory of the Automotive Adhesives & Sealants Market is examined in the report in order to provide a basis for predictions regarding the market’s growth rate over the forecast period. Happenings in the Automotive Adhesives & Sealants Market in the review period are examined carefully to explain their connection with the market’s present state and future growth prospects.
Get Free Sample Report at https://www.wiseguyreports.com/sample-request/3902913-global-automotive-adhesives-sealants-market-2019-2026
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.
The leading players operating in the Automotive Adhesives & Sealants Market are also studied in the report to provide readers with a comprehensive overview of the competitive landscape in the market. The major strategies used by leading players in the Automotive Adhesives & Sealants Market are studied in the report to provide readers with an idea of what works and what doesn’t, in the Automotive Adhesives & Sealants Market. Individual players are analyzed in detail in the report in order to elaborate on their regional presence and product catalog, providing a clear overview of each major player operating in the Automotive Adhesives & Sealants Market.
Global Automotive Adhesives & Sealants Market– 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.
Global Automotive Adhesives & Sealants Market– Segmentation Analysis
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.
Global Automotive Adhesives & Sealants Market– 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.
Solid, industry-standard analysis tools such as SWOT analysis and Porter’s Five Forces analysis are used the detail the present condition in the Automotive Adhesives & Sealants Market. A detailed analysis of the market’s likely growth trajectory over the forecast period is presented on the basis of this analysis, which includes historical information regarding the Automotive Adhesives & Sealants Market. A complete picture of the Automotive Adhesives & Sealants Market’s movement through the recent past and likely movement in the coming years is provided in the report.
The regional distribution of the Automotive Adhesives & Sealants Market is also discussed in the report, and detailed analyses are provided for the market’s segment in each major region. The key regional markets are profiled to give players an idea of where each region is soaring and what needs attention in specific markets. Region-specific strategies and product formulations can be based on this detailed analysis, as the factors making the market tick in specific regions are analyzed in the report, leading to a comprehensive understanding of the market.
Get Detailed Report at https://www.wiseguyreports.com/reports/3902913-global-automotive-adhesives-sealants-market-2019-2026
Major Key Points of Global Automotive Adhesives & Sealants Market
Global Automotive Adhesives & Sealants Market– Methodology and Scope
Global Automotive Adhesives & Sealants Market–Trends
Global Automotive Adhesives & Sealants Market– Industry Analysis
Global Automotive Adhesives & Sealants Market– By Adhesive Technology
Global Automotive Adhesives & Sealants Market– By Resin
Global Automotive Adhesives & Sealants Market– By Function
Global Automotive Adhesives & Sealants Market– By Geography
Global Automotive Adhesives & Sealants Market– Competitor Landscape
Global Automotive Adhesives & Sealants Market– Company Profiles
Global Automotive Adhesives & Sealants Market– Appendix
Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Website: http://www.wiseguyreports.com
Source: MarketersMedia
Release ID: 88905768
More News
MP merchant put Rs 35,000 investment in British war loan in 1917, 109 years later, UK debt office says it cannot find obligation for repayment
A Madhya Pradesh family’s attempt to trace a Rs 35,000 investment made during World War I has hit a fresh hurdle after the UK’s Debt Management Office said it could find no evidence the 1917 Indian War Loan was a British government obligation. The family wants historical records to establish whether the money was ever repaid or settled.
Karnataka’s Shivakumar seeks Centre’s intervention on sugarcane growers’ demands
Chief Minister DK Shivakumar highlighted the importance of collective solutions involving farmers and sugar factories. He mentioned addressing sugarcane growers' demands, such as minimum support price, through discussions. Shivakumar has sought an appointment with the Central government for drought relief. He aims to hold meetings with both farmers and sugar factory owners to resolve conflicts. Ongoing protests by farmers have disrupted the normalcy of life and delayed the crushing season.
Karnataka’s Shivakumar seeks Centre’s intervention on sugarcane growers’ demands
Chief Minister DK Shivakumar highlighted the importance of collective solutions involving farmers and sugar factories. He mentioned addressing sugarcane growers' demands, such as minimum support price, through discussions. Shivakumar has sought an appointment with the Central government for drought relief. He aims to hold meetings with both farmers and sugar factory owners to resolve conflicts. Ongoing protests by farmers have disrupted the normalcy of life and delayed the crushing season.
France’s budget crunch: Four ways Lecornu could break the deadlock
French Prime Minister Sebastien Lecornu's government is preparing for a contentious budget season ahead of elections. The opposition parties are increasing their resistance to proposed deficit-cutting plans. Budget discussions in parliament have faced numerous delays and amendments, complicating passage. If the budget is not approved within 70 days, emergency legislation may be needed. The overall outcome could significantly impact investor confidence and the government's financial strategy.
Jaishankar, UAE counterpart discuss West Asia crisis, stress dialogue and diplomacy
External Affairs Minister S Jaishankar and UAE’s Sheikh Abdullah bin Zayed Al Nahyan discussed regional concerns in West Asia. Jaishankar emphasized India's commitment to promoting peace through dialogue and diplomacy during their meeting. The Comprehensive Economic Partnership Agreement between India and the UAE has significantly boosted bilateral trade and investment. Both countries continue to enhance cooperation in various sectors, including defense and technology.
Jaishankar, UAE counterpart discuss West Asia crisis, stress dialogue and diplomacy
External Affairs Minister S Jaishankar and UAE’s Sheikh Abdullah bin Zayed Al Nahyan discussed regional concerns in West Asia. Jaishankar emphasized India's commitment to promoting peace through dialogue and diplomacy during their meeting. The Comprehensive Economic Partnership Agreement between India and the UAE has significantly boosted bilateral trade and investment. Both countries continue to enhance cooperation in various sectors, including defense and technology.
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reports
Qualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to enhance the company's performance culture. The company faces challenges due to declining consumer electronics sales and soaring memory prices impacting demand. Qualcomm forecasts a shift in revenue sources towards non-handset businesses in the coming years.
Gautam Adani meets Gurudevshri Rakeshji in Dharampur, says Adani Foundation keen to partner with mission on Grassroots Projects
Gautam Adani visited Shrimad Rajchandra Mission Dharampur in Gujarat along with his wife Dr. Priti Adani. They met the Mission's founder, Gurudevshri Rakeshji, to discuss the principles of seva and sadhana. During the visit, Adani expressed interest in collaborating with the Mission on various initiatives and praised the volunteers' dedication.
Gautam Adani meets Gurudevshri Rakeshji in Dharampur, says Adani Foundation keen to partner with mission on Grassroots Projects
Gautam Adani visited Shrimad Rajchandra Mission Dharampur in Gujarat along with his wife Dr. Priti Adani. They met the Mission's founder, Gurudevshri Rakeshji, to discuss the principles of seva and sadhana. During the visit, Adani expressed interest in collaborating with the Mission on various initiatives and praised the volunteers' dedication.
“I’m tired of spreading lies”: BJP shares viral video allegedly showing Rahul Gandhi on flight to Vietnam, Congress hits back
On Tuesday, the Bharatiya Janata Party escalated its attack on Rahul Gandhi, accusing him of taking a trip to Vietnam amid important political discussions. Meanwhile, Congress leader Sandeep Dikshit stood up for Gandhi, contrasting his foreign engagements with Prime Minister’s travels during parliamentary sessions. The opposition, meanwhile, is calling for the resignation of Chief Election Commissioner Gyanesh Kumar, alleging procedural irregularities in the electoral roll revision process.
AstraZeneca Pharma set to move its registered office to Maharashtra, from Karnataka
Last week, it unveiled a new corporate office in Mumbai, a relocation to be closer to health and financial ecosystems
Before 1850, Americans grew Dyer’s woad for blue dye; in the Great Basin, one infestation later grew from 12,000 to 150,000 acres in eight years
Dyer's woad, once used for blue dye, has become an invasive species in the American West. This plant produces a high number of seeds and thrives in disturbed soils, making it hard to control. Control efforts require extensive knowledge of its lifecycle and persistent manual and chemical treatment. A recent study highlighted its ecological threat to native plants and livestock forage in Northern Utah.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.