Latin America Automotive Adhesives Market Size & Outlook
Latin America automotive adhesives market, 2018-2030 (US$M)
Related Markets
Latin America automotive adhesives market highlights
- The Latin America automotive adhesives market generated a revenue of USD 310.7 million in 2022.
- The market is expected to grow at a CAGR of 9.3% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 310.7 million |
| Market revenue in 2030 | USD 632.5 million |
| Growth rate | 9.3% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| 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 |
| 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, Latin America region accounted for 4.0% of the global automotive adhesives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 423.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Adhesives Market Scope
Automotive Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 69.13% in 2022. Horizon Databook has segmented the Latin America 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.
Automobile manufacturers in Central & South America are preferring plastic components as they are energy-efficient and help reduce the overall weight of the vehicle. Automotive plastics provide weather resistance, design flexibility, resilience, toughness, durability, corrosion resistance, and high performance at low cost.
Automotive sector was the third-largest consumer of plastics in Central & South America in 2018. Thus, adhesives are increasingly used to bond plastic to metal substrates. Moreover, growing electric vehicle production owing to supportive government policies in the region is expected to drive the automotive adhesives market over the forecast period.
Reasons to subscribe to Latin America automotive adhesives market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America automotive adhesives market databook
-
Our clientele includes a mix of automotive adhesives market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive adhesives market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America automotive adhesives market
Latin America Automotive Adhesives Market Outlook Share, 2022 & 2030 (US$M)
Latin America automotive adhesives market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
