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The Impact of COVID-19 is included in Automotive Adhesive Market. Buy it today to get an advantage.

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Automotive Adhesive Market Trends and Forecast

The future of the global automotive adhesive market looks promising with opportunities in passenger car and light commercial vehicles. The global automotive adhesive market is expected to reach an estimated $12.7 billion by 2027 with a CAGR of 6.9% from 2021 to 2027. The major drivers for this market are increasing demand for lightweight materials in vehicle manufacturing and replacement of mechanical fasteners with adhesives to make vehicles lighter and to meet higher fuel economy requirements.
 Automotive Adhesive Market by Application, Resin, Vehicle Type, and Structure

Evolution of Automotive Adhesive Opportunities

Automotive adhesive opportunities have evolved through a number of stages as presented in figure below: