Global SMP Automotive Adhesive Market Growth 2023-2029

Global SMP Automotive Adhesive Market Growth 2023-2029

The market is experiencing modest growth due to declining demand from the automotive industry and current growth and increasing use of automotive adhesives. Given the strict environmental regulations of other adhesives on the market that prohibit the use of highly toxic solvents with volatile organic compound emissions, while SMP adhesives are odorless, contain no isocyanates and solvents, and do not emit VOCs, demand for them is expected to increase. The automotive and transportation industries continue to demand more advanced and improved adhesives. These adhesives must have excellent adhesion, excellent durability, chemical and high temperature resistance, and low shrinkage.

LPI (LP Information)' newest research report, the “SMP Automotive Adhesive Industry Forecast” looks at past sales and reviews total world SMP Automotive Adhesive sales in 2022, providing a comprehensive analysis by region and market sector of projected SMP Automotive Adhesive sales for 2023 through 2029. With SMP Automotive Adhesive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SMP Automotive Adhesive industry.

This Insight Report provides a comprehensive analysis of the global SMP Automotive Adhesive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SMP Automotive Adhesive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global SMP Automotive Adhesive market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SMP Automotive Adhesive and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SMP Automotive Adhesive.

The global SMP Automotive Adhesive market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for SMP Automotive Adhesive is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for SMP Automotive Adhesive is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for SMP Automotive Adhesive is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key SMP Automotive Adhesive players cover Henkel, Arkema, 3M, Dupont, H.B. Fuller, Sika and Huntsman, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of SMP Automotive Adhesive market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
MS Polymers
SPUR Polymers

Segmentation by application
Body in White
Paint Shop
Assembly
Powertrain

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Henkel
Arkema
3M
Dupont
H.B. Fuller
Sika
Huntsman

Key Questions Addressed in this Report

What is the 10-year outlook for the global SMP Automotive Adhesive market?

What factors are driving SMP Automotive Adhesive market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SMP Automotive Adhesive market opportunities vary by end market size?

How does SMP Automotive Adhesive break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.