Global Automotive Adhesives Market Size & Outlook
The automotive adhesives industry worldwide is expected to reach a projected revenue of US$ 13,695.1 million by 2030. A compound annual growth rate of 7.3% is expected of the worldwide automotive adhesives industry from 2023 to 2030.
Revenue, 2022 (US$M)
$7,774.5
Forecast, 2030 (US$M)
$13,695.1
CAGR, 2023 - 2030
7.3%
Report Coverage
Worldwide
Global automotive adhesives market, 2018-2030 (US$M)
Related Markets
Global automotive adhesives market highlights
- The global automotive adhesives market generated a revenue of USD 7,774.5 million in 2022 and is expected to reach USD 13,695.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.3% by 2030.
- In terms of segment, reactive & others accounted for a revenue of USD 5,482.9 million in 2022.
- Hot Melt is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 7,774.5 million |
| Market revenue in 2030 | USD 13,695.1 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Hot Melt |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Hot Melt, Reactive & Others |
Other key industry trends
- In terms of revenue, the North America accounted for 20.1% of the global automotive adhesives market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 347.2 million by 2030.
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Automotive Adhesives Market Scope
Automotive adhesives market segmentation & scope
Flexible Packaging
Folding Cartons
Case & Carton
Labeling
Residential
Commercial
Industrial
Flooring & Plywood
Furniture
Doors & Windows
Housing Components
Medical device & equipment
Internal medical application
External medical application
Passenger Cars
LCV
MCV & HCV
Others
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive adhesives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive adhesives market will help companies and investors design strategic landscapes.
reactive & others was the largest segment with a revenue share of 70.52% in 2022. Horizon Databook has segmented the Global automotive adhesives market based on water based, solvent based, hot melt, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Adhesives Technology Outlook (Revenue, USD Million, 2018-2030)
- Water Based
- Solvent Based
- Hot Melt
- Reactive & Others
- Global Automotive Adhesives Application Outlook (Revenue, USD Million, 2018-2030)
- Flexible Packaging
- Folding Cartons
- Case & Carton
- Labeling
- Residential
- Commercial
- Industrial
- Flooring & Plywood
- Furniture
- Doors & Windows
- Housing Components
- Medical device & equipment
- Internal medical application
- External medical application
- Passenger Cars
- LCV
- MCV & HCV
- Others
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Target buyers of Global automotive adhesives market databook
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Our clientele includes a mix of automotive adhesives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive adhesives market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive adhesives market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Automotive adhesives market size, 2022 (USD Million)
Top 10 countries: Automotive adhesives market size, 2022 (USD Million)
Global automotive adhesives market, by region, 2022 (US$M)
Related regional statistics
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