The global Automotive Coatings adhesives and sealants market was valued at US$ 10780 million in 2020 and it is expected to reach US$ 15430 million by the end of 2027, growing at a CAGR of 4.8% during 2021-2027.
Automotive Coatings adhesives and sealants are so versatile that they have been extensively applied in various forms in the automotive industry. Still, there are new applications that are being developed as cars and truck makers are demanding the production of better and higher performance products that can bond dissimilar materials so that they will function as one single unit.
Sealants are widely used because of their capacity to fill gaps and voids, to be insoluble, to resist corrosion and to be flexible in avoiding relative movement of substrates. Compared to adhesives, they have lower strength, but they are more flexible. The demand for insulation, lamination, impenetrable flooring, coating, durable facades and other end-user requirements have induced increased production of high quality sealants and adhesives.
Global Automotive Coatings adhesives and sealants Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Coatings adhesives and sealants Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Magna International, Basf, Forbo Holding, Ashland Incorporated, Permatex, Nippon Paint Company, DowDuPont, Sumitomo, Akzo Nobel, 3M, Bayer, Henkel and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Hot Melts
Segment by Application
- Paint Shop
- Body in White (BIW)
- UTH and Power Train
Table of Content:
1 Automotive Coatings adhesives and sealants Market Overview
2 Automotive Coatings adhesives and sealants Market Competition by Manufacturers
3 Automotive Coatings adhesives and sealants Retrospective Market Scenario by Region
4 Global Automotive Coatings adhesives and sealants Historic Market Analysis by Type
5 Global Automotive Coatings adhesives and sealants Historic Market Analysis by Application
6 Key Companies Profiled
7 Automotive Coatings adhesives and sealants Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Automotive Coatings adhesives and sealants Market Dynamics
10 Global Automotive Coatings adhesives and sealants Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.