Research and Markets: Global Opportunities for Adhesives in Automotive Industry 2015-2020: Trends, Forecasts and Opportunity Analysis Featuring Henkel AG & Co KGaA, 3M Co., PPG Industries, The Dow Chemical Company, and Sika AG
May 22, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/bkv3bw/opportunities_for) has announced the addition of the “Opportunities for Adhesives in Global Automotive Industry 2015-2020: Trends, Forecasts and Opportunity Analysis” report to their offering.
Adhesives in the global automotive industry are expected to grow at a CAGR of 9% from 2015 to 2020. The major drivers for automotive adhesive are increasing penetration of lightweight materials and rising vehicle production. Automotive manufacturers are replacing screws, nuts, bolts, rivets, and welds with adhesives to making vehicles lighter and meet higher fuel economy requirements. Bonding of different lightweight materials without compromising the structural disruption of automotive components drives the adhesive market. Asia Pacific (APAC) has been the top region in terms of total adhesive consumption due to an increase in the production of cars and light commercial vehicles in China and India.
This report provides an analysis of the adhesives in global automotive industry, including the market trends, growth opportunities, key drivers, and emerging trends in the market.
The study also includes the forecast for adhesives in global automotive industry through 2020 by value ($M) and volume (M lbs) segment breakdown by region, vehicle, product, and application type as follows:
Adhesives in global automotive industry segmented by vehicle type:
– Passenger cars
– Light commercial vehicles
Adhesives in global automotive industry segmented by product type:
– Epoxy adhesives
– Polyurethane adhesives
– Acrylic adhesives
– Other adhesives (hot melt, silicone, rubber and phenolic adhesives)
Adhesives in global automotive industry segmented by application type for 2014 and 2020:
– Structural components of automotive
– Non-structural components of automotive
On the basis of its comprehensive research, Lucintel forecasts that ROW is expected to emerge as the most growth potential region with a 10.3% CAGR from 2015 to 2020. Henkel AG & Co KGaA, 3M Co., PPG Industries, The Dow Chemical Company, and Sika AG are some of the major suppliers of automotive adhesives.
Key Topics Covered:
1. Executive Summary
2. Industry Background and Classifications
3. Market Trend and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunity & Strategic Analysis
6. Company Profiles of Leading Players
7. Customer Analysis
Companies Mentioned
– 3M Co.
– Henkel AG & Co KGaA
– PPG Industries
– Sika AG
– The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/bkv3bw/opportunities_for
View source version on businesswire.com: http://www.businesswire.com/news/home/20150522005344/en/
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Sector: Process and Materials, Automotive
