Germany Automotive Adhesives Market Size & Outlook
Germany automotive adhesives market, 2018-2030 (US$M)
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Germany automotive adhesives market highlights
- The Germany automotive adhesives market generated a revenue of USD 451.0 million in 2022 and is expected to reach USD 788.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Hot Melt is the most lucrative technology segment registering the fastest growth during the forecast period.
Automotive adhesives market data book summary
| Market revenue in 2022 | USD 451.0 million |
| Market revenue in 2030 | USD 788.8 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Hot Melt |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Hot Melt, Reactive & Others |
| Key market players worldwide | Henkel AG & Co KGaA, H.B. Fuller Co, Sika AG, Dow Inc, Arkema SA, 3M Co |
Other key industry trends
- In terms of revenue, Germany accounted for 5.8% of the global automotive adhesives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany automotive adhesives market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 365.6 million by 2030.
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Automotive Adhesives Market Scope
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 73.46% in 2022. Horizon Databook has segmented the Germany 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.
In 2018, Germany was the highest revenue-generating country in automotive adhesives market in Europe. It is expected to continue its dominance over the forecast period. The country is among the leading automotive markets in Europe in terms of production and sales.
Most automobile manufacturers are shifting their preferences to plastics to reduce greenhouse gas emission and achieve higher fuel efficiency levels. Further, automotive adhesives allow reduction in weight and improve crash performance of the vehicles.
Owing to the aforementioned benefits, German manufacturers are constantly considering adhesive solutions for automotive industry. These factors are expected to fuel the German automotive adhesives market in the coming years.
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Our clientele includes a mix of automotive adhesives market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Germany automotive adhesives market , including forecasts for subscribers. This country databook contains high-level insights into Germany automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany automotive adhesives market size, by technology, 2018-2030 (US$M)
Germany Automotive Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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