The Asia-Pacific automotive adhesives market is projected to grow at a significant CAGR of 8.1% during the forecast period. The key aspect that drives the growth of the market includes government support for the usage of modern adhesives for vehicles in order to make them light-weight and fuel-efficient. The automakers are opting for the modern ways to manufacture the lightest vehicle possible in order to provide speed and enhance the power of the vehicle. Hence, in the replacement of metal welding, the manufacturers are heavily relying on light-weight materials including adhesives, which is primarily driving the growth of the market in the Asia-Pacific region.
The Asia-Pacific automotive adhesives market is segmented on the basis of resin type, adhesive type, applications, vehicle type, and sales channel. Based on the resin type, the market is segmented as polyurethanes, polyamide, acrylics, silicone, epoxy, SMP, MMA, and others. Based on the adhesive types, the market is segmented as tapes & films, liquid gasket, structural, thread-locks & retainers, and others. Based on the application, the market is segmented as assembly, body in white (BIW), glazing, paint, upholstery, and others. Based on the vehicle type, the market is segmented as passenger vehicles, two-wheeler, and commercial vehicle. By the sales channel, the market is segmented into OEM & auto-ancillaries and aftermarket/retail.
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Asia-Pacific Automotive Adhesives Market Segmentation
By Resin Type
- Polyurethanes
- Polyamide
- Acrylics
- Silicone
- Epoxy
- SMP (Silyl-Modified Polymer)
- MMA (Methyl Methacrylate)
- Other Resins
By Adhesive Type
- Tapes & Films
- Liquid Gasket
- Structural
- Thread-Locks & Retainers
- Other Adhesive Type
By Applications
- Assembly
- Body in White (BIW)
- Glazing
- Paint
- Upholstery
- Other Application
By Vehicle Type
- Passenger Vehicle
- Two-Wheeler
- Commercial Vehicle
By Sales Channel
- OEM (Original Equipment Manufacturer) & Auto-ancillaries
- Aftermarket/Retail
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Regional Analysis
- Asia-Pacific
- China
- India
- Japan
- ASEAN
Rest of Asia-Pacific
Company Profiles
- 3M Co.
- Akzo Nobel NV
- Arkema SA
- Ashland Global Specialty Chemicals Inc.
- Avery Dennison Corp.
- BASF SE
- Dow Inc.
- B. Fuller Co.
- Henkel AG & Co., KGaA
- Huntsman International LLC
- ITW Performance Polymers
- Jowat SE
- LORD Corp.
- Pidilite Industries Ltd.
- Solvay SA
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