Global Automotive Adhesive Market
Automotive Adhesive Market Size And Forecast
According to Verified Market Research, Global Automotive Adhesive Market was valued at USD 7.36 Billion in 2018 and is projected to reach USD 10.61 Billion by 2026, growing at a CAGR of 4.6% from 2019 to 2026.
Global Automotive Adhesive Market Outlook
The Automotive Adhesive Market is experiencing significant growth owing to the technological innovations incorporated in the production of adhesives. In addition, the growing demand for the production of automobiles and increasing utilization of the electric vehicle in response to the stringent regulations and environmental concerns are driving the market. Moreover, the need for lightly weighted and zero-emission vehicles is imposing a positive outlook on the market growth. However, the volatility in the cost price of raw materials is expected to hinder the growth of the market.
Global Automotive Adhesive Market Competitive Landscape
The Global Automotive Adhesive Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Ashland, 3M Company, H.B. Fuller Company, Henkel AG, PPG Industries, Inc., Sika AG, Dowdupont, Huntsman International LLC., Arkema (Bostik), and Illinois Tool Works Inc.
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