The Asia Pacific Automotive Adhesives Market would witness market growth of 5.5% CAGR during the forecast period (2021-2027).
A car made in the recent times may have up to a hundred embedded sensors. The sensors must reliably transmit information on physical quantities such as temperature, pressure, position, or speed to control units or evaluation electronics because they are situated at locations where they are intended to obtain and forward information on physical quantities such as temperature, pressure, position, or speed. As a result, each sensor requires an adhesive that matches its intended application. The example of Hall sensors exemplifies this point very well. When capturing position or speed, these sensors are the first choice as they measure the rotation of the wheel on the wheel hub.
Salt spray tests, reflow testing (JEDEC), and vibration tests are all utilized to ensure that the adhesives employed here are extremely resistant to media like as oil, gasoline, or brake fluid. The sensors are either physically bonded or totally enclosed, depending on the design. The efficiency, long-term viability, and dependability of the accompanying industrial processes are also prioritized. Dual-curing adhesives (with two curing phases) are particularly ideal for this purpose among the adhesives that meet these parameters. A second curing mechanism guarantees reliable final curing of the adhesive even in shaded places after a preceding light curing procedure that allows rapid prefixation for further processing.
Asia-Pacific has experienced high growth in the automotive sectors in the past few years. This trend has continued due to expanding opportunities in automobile manufacturing and technology innovation in developing countries of the region such as China, India, Indonesia etc. Manufacturers have been compelled to extend their production capacities and market reach due to the presence of growth prospects. For example, DuPont invested approximately USD 80 million in China in November 2018 to establish a compounded high-end engineering plastics and adhesives manufacturing unit. The products available will be useful in a variety of industries, including transportation.
China and India are the key drivers of demand for automotive adhesives in the APAC market. According to the China Adhesive Association, due to the vast number of cars produced in the nation, China is presently the world's top market for adhesives in terms of production and demand. In the APAC area, Japan is the second-largest market for automotive adhesives.
The China market dominated the Asia Pacific Automotive Adhesives Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $697 million by 2027. The Japan market is estimated to grow at a CAGR of 4.7% during (2021 - 2027). Additionally, The India market would witness a CAGR of 6.1% during (2021 - 2027).
Based on Resin Type, the market is segmented into Polyamide, Polyurethane, Silyl Modified Polymers (SMP), Silicone, Epoxy, Acrylics, and Others. Based on Technology, the market is segmented into Water Based, Pressure Sensitive, Solvent Based, Hot Melt, and Others. Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle. Based on Vehicle Type Application, the market is segmented into Body-in-White (BIW), Powertrain, Paint Shop, and Assembly. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive Adhesives Market is Projected to reach USD 6.3 Billion by 2027, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sika AG, Henkel AG & Company, KGaA, 3M Company, DuPont de Nemours, Inc., Huntsman Corporation, Dymax Corporation, Arkema S.A., PPG Industries, Inc., H.B. Fuller Company, and Illinois Tool Works, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Resin Type
- Polyamide
- Polyurethane
- Silyl Modified Polymers (SMP)
- Silicone
- Epoxy
- Acrylics
- Others
By Technology
- Water Based
- Pressure Sensitive
- Solvent Based
- Hot Melt
- Others
By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Application
- Body-in-White (BIW)
- Powertrain
- Paint Shop
- Assembly
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Sika AG
- Henkel AG & Company, KGaA
- 3M Company
- DuPont de Nemours, Inc.
- Huntsman Corporation
- Dymax Corporation
- Arkema S.A.
- PPG Industries, Inc.
- H.B. Fuller Company
- Illinois Tool Works, Inc.
TABLE 1 Asia Pacific Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Adhesives Market
TABLE 4 Product Launches And Product Expansions– Automotive Adhesives Market
TABLE 5 Acquisition and Mergers– Automotive Adhesives Market
TABLE 6 Geographical Expansions- Automotive Adhesives Market
TABLE 7 Asia Pacific Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Polyamide Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Polyamide Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Polyurethane Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Polyurethane Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Silyl Modified Polymers (SMP) Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Silyl Modified Polymers (SMP) Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Silicone Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Silicone Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Epoxy Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Epoxy Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Acrylics Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Acrylics Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Water Based Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Water Based Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Pressure Sensitive Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Pressure Sensitive Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Solvent Based Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Solvent Based Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Hot Melt Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Hot Melt Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Passenger Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Passenger Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Light Commercial Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Light Commercial Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Heavy Commercial Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Heavy Commercial Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Body-in-White (BIW) Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Body-in-White (BIW) Market by Country, 2021 - 2027, USD Million
TABLE 47 Asia Pacific Powertrain Market by Country, 2017 - 2020, USD Million
TABLE 48 Asia Pacific Powertrain Market by Country, 2021 - 2027, USD Million
TABLE 49 Asia Pacific Paint Shop Market by Country, 2017 - 2020, USD Million
TABLE 50 Asia Pacific Paint Shop Market by Country, 2021 - 2027, USD Million
TABLE 51 Asia Pacific Assembly Market by Country, 2017 - 2020, USD Million
TABLE 52 Asia Pacific Assembly Market by Country, 2021 - 2027, USD Million
TABLE 53 Asia Pacific Automotive Adhesives Market by Country, 2017 - 2020, USD Million
TABLE 54 Asia Pacific Automotive Adhesives Market by Country, 2021 - 2027, USD Million
TABLE 55 China Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 56 China Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 57 China Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 58 China Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 59 China Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 60 China Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 61 China Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 62 China Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 63 China Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 64 China Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 65 Japan Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 66 Japan Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 67 Japan Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 68 Japan Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 69 Japan Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 70 Japan Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 71 Japan Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 72 Japan Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 73 Japan Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 74 Japan Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 75 India Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 76 India Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 77 India Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 78 India Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 79 India Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 80 India Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 81 India Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 82 India Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 83 India Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 84 India Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 85 South Korea Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 86 South Korea Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 87 South Korea Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 88 South Korea Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 89 South Korea Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 90 South Korea Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 91 South Korea Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 92 South Korea Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 93 South Korea Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 94 South Korea Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 95 Singapore Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 96 Singapore Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 97 Singapore Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 98 Singapore Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 99 Singapore Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 100 Singapore Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 101 Singapore Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 102 Singapore Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 103 Singapore Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 104 Singapore Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 105 Malaysia Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 106 Malaysia Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 107 Malaysia Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 108 Malaysia Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 109 Malaysia Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 110 Malaysia Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 111 Malaysia Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 112 Malaysia Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 113 Malaysia Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 114 Malaysia Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 115 Rest of Asia Pacific Automotive Adhesives Market, 2017 - 2020, USD Million
TABLE 116 Rest of Asia Pacific Automotive Adhesives Market, 2021 - 2027, USD Million
TABLE 117 Rest of Asia Pacific Automotive Adhesives Market by Resin Type, 2017 - 2020, USD Million
TABLE 118 Rest of Asia Pacific Automotive Adhesives Market by Resin Type, 2021 - 2027, USD Million
TABLE 119 Rest of Asia Pacific Automotive Adhesives Market by Technology, 2017 - 2020, USD Million
TABLE 120 Rest of Asia Pacific Automotive Adhesives Market by Technology, 2021 - 2027, USD Million
TABLE 121 Rest of Asia Pacific Automotive Adhesives Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 122 Rest of Asia Pacific Automotive Adhesives Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 123 Rest of Asia Pacific Automotive Adhesives Market by Application, 2017 - 2020, USD Million
TABLE 124 Rest of Asia Pacific Automotive Adhesives Market by Application, 2021 - 2027, USD Million
TABLE 125 Key Information – Sika AG
TABLE 126 Key Information – Henkel AG & Company, KGaA
TABLE 127 Key Information – 3M Company
TABLE 128 Key Information –DuPont de Nemours, Inc.
TABLE 129 key Information – Huntsman Corporation
TABLE 130 key Information – Dymax Corporation
TABLE 131 Key information – Arkema S.A.
TABLE 132 Key Information – PPG Industries, Inc.
TABLE 133 key Information – H.B. Fuller Company
TABLE 134 Key information – Illinois Tool Works, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: DuPont de Nemours, Inc.
FIG 6 Recent strategies and developments: Huntsman Corporation
FIG 7 Recent strategies and developments: Dymax Corporation
FIG 8 Recent strategies and developments: H.B. Fuller Company