Global Hot Melt Adhesive for Automotive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hot Melt Adhesive for Automotive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Hot Melt Adhesive for Automotive market size was valued at USD 8899.9 million in 2023 and is forecast to a readjusted size of USD 13750 million by 2030 with a CAGR of 6.4% during review period.

Hot melt adhesive for automotive applications refers to a type of adhesive that is specifically designed and formulated for use in the automotive industry. It is a thermoplastic adhesive that is typically solid at room temperature but can be heated to a molten state for application. Once applied, it cools and solidifies, creating a strong bond between various automotive components.

Lightweighting and Fuel Efficiency: Automotive manufacturers are continuously striving to reduce the weight of vehicles to improve fuel efficiency. Hot melt adhesives, which are lighter than traditional mechanical fasteners, are being increasingly used to bond lightweight materials like aluminum and composites. This trend is expected to continue as automotive manufacturers seek ways to meet stricter emissions regulations.

Electric Vehicle (EV) Adoption: The growth of the electric vehicle market has led to increased demand for hot melt adhesives. Electric vehicles require strong and reliable adhesive solutions for bonding battery components, interior components, and other specialized applications.

Advanced Material Compatibility: With the increased use of advanced materials in automotive manufacturing, such as carbon fiber-reinforced composites, adhesives need to be compatible with these materials. Hot melt adhesives are being developed and tailored to work with a wider range of substrates.

Enhanced Performance: Automotive manufacturers are looking for hot melt adhesives that offer superior performance in terms of durability, temperature resistance, and vibration damping. Adhesive manufacturers are continually working on developing formulations that meet these demands.

The Global Info Research report includes an overview of the development of the Hot Melt Adhesive for Automotive industry chain, the market status of Body (Amorphous-Poly-Alpha-Olefin, Pressure Sensitive Adhesive), Carpet and Headliner (Amorphous-Poly-Alpha-Olefin, Pressure Sensitive Adhesive), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hot Melt Adhesive for Automotive.

Regionally, the report analyzes the Hot Melt Adhesive for Automotive markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hot Melt Adhesive for Automotive market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Hot Melt Adhesive for Automotive market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hot Melt Adhesive for Automotive industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., Amorphous-Poly-Alpha-Olefin, Pressure Sensitive Adhesive).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hot Melt Adhesive for Automotive market.

Regional Analysis: The report involves examining the Hot Melt Adhesive for Automotive market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hot Melt Adhesive for Automotive market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Hot Melt Adhesive for Automotive:

Company Analysis: Report covers individual Hot Melt Adhesive for Automotive manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hot Melt Adhesive for Automotive This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Body, Carpet and Headliner).

Technology Analysis: Report covers specific technologies relevant to Hot Melt Adhesive for Automotive. It assesses the current state, advancements, and potential future developments in Hot Melt Adhesive for Automotive areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hot Melt Adhesive for Automotive market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Hot Melt Adhesive for Automotive market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Amorphous-Poly-Alpha-Olefin
Pressure Sensitive Adhesive
Polyamide
Hot Melt Polyurethane

Market segment by Application
Body
Carpet and Headliner
Engine and Electronics
Seating and Interior
Others

Major players covered
3M
Arkema
Avery Dennison Corporation
Beardow Adams
DOW
H.B. Fuller
Henkel
Jowat
SikaMelt
Lushan
Tex Year Industries
Buhnen
Klebchemie
Cherng Tay Technology
Toyobo
Evonik Industries
Daubert Chemical

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hot Melt Adhesive for Automotive product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hot Melt Adhesive for Automotive, with price, sales, revenue and global market share of Hot Melt Adhesive for Automotive from 2019 to 2024.

Chapter 3, the Hot Melt Adhesive for Automotive competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hot Melt Adhesive for Automotive breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hot Melt Adhesive for Automotive market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hot Melt Adhesive for Automotive.

Chapter 14 and 15, to describe Hot Melt Adhesive for Automotive sales channel, distributors, customers, research findings and conclusion.