Global Automobile Glazing Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automobile Glazing Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Glazing Adhesives designed for use during the installation of glass and glazing products.

Market Overview:

The latest research study on the global Automobile Glazing Adhesives market finds that the global Automobile Glazing Adhesives market reached a value of USD 724.32 million in 2022. It’s expected that the market will achieve USD 945.38 million by 2028, exhibiting a CAGR of 4.54% during the forecast period.

Drivers

China is expected to remain a lucrative region in the next few years, owing to a spurt in automobile production levels and encouraging conditions such as low labor costs, high population and geographical proximity to emerging economies.

The rest of the world (RoW) is anticipated to emerge as the fastest-growing region on account of rapidly expanding automotive sector in India, Brazil, Colombia, Indonesia, The Philippines and other emerging nations across the globe.

A rebounding automotive sector in the U.S. and expanding in Mexico is anticipated to drive demand in North America at a relatively higher pace than the aforementioned economies. The region also benefits from lower feedstock prices as a result of the recent shale gas boom, which impacted manufacturer profit margins positively.

What is more, in developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Automobile Glazing Adhesives.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Sika AG is one of the major players operating in the Automobile Glazing Adhesives market, holding a share of 20.95% in 2018.

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide.

Henkel (Loctite) Corporation manufactures and sells adhesive, sealant, and functional coating solutions in the United States and internationally.

Segmentation Overview:

Among different product types, OEM segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Front Windshield segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Automobile Glazing Adhesives market covered in Chapter 3:

3M
Evonik
Ashland Inc.
The Dow Chemical Company
LORD Corporation
Wacker Chemie AG
H.B. Fuller
Henkel (Loctite)
Dymax Corporation
Akema (Bostik)
Sika AG
Uniseal Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Automobile Glazing Adhesives market from 2018 to 2029 is primarily split into:

OEM
Aftermarket

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automobile Glazing Adhesives market from 2018 to 2029 covers:

Front Windshield
Rear Windshield
Sidelites
Sunroof
Lighting

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)