Passenger Car Adhesives Market 2020 Size, Growth Factors & Forecast Report to 2027
COVID-19 Impact Analysis on Passenger Car Adhesives Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the passenger car adhesives market include Henkel & Co., KGaA, Bostik S.A, 3M, DOW Chemical, Sika AG, H.B. Fuller, PPG Industries, Illinois Tool Works Corp, and Jowat AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Increasing passenger car sales & production, the growing purchasing power of consumers, and stringent vehicle emission & expiration norms are steering the global passenger car adhesives market. The rising trend of vehicle electrification, growing efforts towards reducing vehicle overall weight, increasing use of composite to design vehicle body, and lowering fasteners use are accelerating market growth. Adhesives allow automakers to incorporate new materials that offer cost savings and performance improvements. Lightweight design is crucial to high usability & low costs and to aesthetics that meet consumer expectations. Adhesive helps automakers reduce the complexity of their assembly processes, leading to faster processing and lower production costs. Moreover, adhesives are often more resistant to fatigue, contaminants, and corrosion than traditional fastening solutions throughout vehicle life. However, unstable raw material prices and stringent environmental concerns are restraining market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of passenger car adhesives. The growth and trends of passenger car adhesives industry provide a holistic approach to this study.
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Market Segmentation
This section of the passenger car adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Resin Type
- Polyurethane
- Epoxy
- Acrylics
- Silicon
- Silyl-Terminated Polyether (Stp)
- Polyamide
- Others
By Technology
- Hot Melt
- Solvent-Based
- Water-Based
- Pressure Sensitive
- Others
By Application
- Body In White (Biw)
- Powertrain
- Paint Shop
- Assembly
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Passenger Car Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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