Automotive Adhesives

Global Automotive Adhesives Market to Reach US$6.2 Billion by 2030

The global market for Automotive Adhesives estimated at US$4.7 Billion in the year 2024, is expected to reach US$6.2 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2024-2030. Passenger Cars, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$4.0 Billion by the end of the analysis period. Growth in the LCV segment is estimated at 5.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$651.0 Million While China is Forecast to Grow at 6.2% CAGR

The Automotive Adhesives market in the U.S. is estimated at US$651.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 6.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 4.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Global Automotive Adhesives Market - Key Trends & Drivers Summarized

Automotive adhesives play a crucial role in the modern automotive industry, providing essential bonding solutions that enhance the performance, safety, and aesthetics of vehicles. These adhesives are used in various applications, including body panels, interior trim, glass bonding, and structural components. They offer several advantages over traditional mechanical fasteners, such as reducing the vehicle`s weight, improving fuel efficiency, and enhancing crashworthiness by distributing stress more evenly. Types of automotive adhesives include epoxy, polyurethane, silicone, acrylic, and cyanoacrylate, each with specific properties tailored to different uses within a vehicle. For instance, epoxy adhesives are known for their high strength and durability, making them suitable for structural applications, while polyurethane adhesives provide flexibility and resistance to environmental factors, ideal for bonding different materials like glass and metal.

The development and application of automotive adhesives have been significantly influenced by advancements in material science and manufacturing processes. Innovations such as hybrid adhesives combine the best properties of different adhesive types, providing superior performance in challenging conditions. Additionally, the use of advanced application techniques, such as robotic dispensing systems, ensures precise and efficient adhesive placement, improving production speed and consistency. The shift towards lightweight materials in automotive manufacturing, including the increased use of aluminum and composites, has further driven the demand for specialized adhesives capable of bonding dissimilar materials effectively. This trend is particularly relevant in the production of electric vehicles (EVs), where weight reduction is critical to maximizing battery efficiency and range. Furthermore, automotive adhesives contribute to noise, vibration, and harshness (NVH) reduction, enhancing overall vehicle comfort and driving experience.

The growth in the automotive adhesives market is driven by several factors, including technological advancements, the increasing production of electric vehicles, and stringent environmental regulations. Technological advancements have led to the development of high-performance adhesives that offer better bonding strength, durability, and resistance to extreme temperatures and chemicals. These improvements have expanded the applications of adhesives in the automotive sector, enabling manufacturers to design vehicles with greater flexibility and innovation. The surge in electric vehicle production has also significantly boosted the demand for automotive adhesives, as these vehicles require lightweight and durable bonding solutions to optimize performance and battery life. Additionally, stringent environmental regulations aimed at reducing vehicle emissions and improving fuel efficiency have encouraged the use of adhesives over traditional welding and mechanical fastening methods, as adhesives contribute to overall weight reduction. The growing consumer demand for safer, quieter, and more fuel-efficient vehicles further supports the adoption of advanced adhesive technologies. These factors collectively highlight the dynamic growth of the automotive adhesives market, emphasizing its critical role in the evolution of vehicle design and manufacturing.

SCOPE OF STUDY:

The report analyzes the Automotive Adhesives market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Function (Bonding, NVH, Sealing/Protection); Vehicle Type (Passenger Cars, LCV, HCV & MCV); Application (Body in White (BIW), Assembly, Powertrain, Paint Shop)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 102 Featured) -

• BASF SE
• 3M Company
• Arkema Group
• Ashland Global Holdings, Inc.
• Bostik, Inc.
• Adhesives Research, Inc.
• AI Technology, Inc.
• Adchem Corporation
• Beardow & Adams (Adhesives) Ltd.
• Adhesive Technologies, Inc.
• Bondloc UK Ltd.
• ABRO Industries, Inc.
• Capital Adhesives & Packaging Corporation
• Alberdingk Boley GmbH
• Anabond Limited

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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