Japan Automotive Adhesives Market Size & Outlook
Japan automotive adhesives market, 2018-2030 (US$M)
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Japan automotive adhesives market highlights
- The Japan automotive adhesives market generated a revenue of USD 741.9 million in 2022 and is expected to reach USD 1,253.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.8% 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 741.9 million |
| Market revenue in 2030 | USD 1,253.5 million |
| Growth rate | 6.8% (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, Japan accounted for 9.5% 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 Asia Pacific, China automotive adhesives market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 813.1 million by 2030.
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Automotive Adhesives Market Scope
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 68.41% in 2022. Horizon Databook has segmented the Japan 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.
Japan automotive industry is characterized by the presence of various leading players such as Honda Motor Company Ltd., Toyota Motor Corporation, Mitsubishi Motor Corporation, Nissan Motor Co., Ltd., Subaru Corporation, and Mazda Motor Corporation among others.
Automotive manufacturing is one of the largest manufacturing sectors in Japan. Rising production of automobiles in the country is majorly fueling the demand for automotive adhesives.
Automotive adhesives are widely used in various applications such as body-in-white, powertrain, electronic components, interior, exterior, and chassis as they help reduce weight, improve fuel efficiency, are corrosion & scratch resistant, and exhibit inherent barrier properties.
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Our clientele includes a mix of automotive adhesives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan automotive adhesives market , including forecasts for subscribers. This country databook contains high-level insights into Japan automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan automotive adhesives market size, by technology, 2018-2030 (US$M)
Japan Automotive Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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