Market revenue in 2022 | USD 102.6 million |
Market revenue in 2030 | USD 158.6 million |
Growth rate | 5.6% (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 |
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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 73.29% in 2022. Horizon Databook has segmented the UK 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 industry plays a vital role in the UK economy. Increasing production of vehicles, vehicle engines, and other automobile components is expected to fuel demand for automotive plastics in the country.
According to the Society of Motor Manufacturers and Traders (SMMT), in 2018, the production volume of commercial vehicles reached 84,888 units from 78,219 units in 2017. In the same year, 2.7 million units of vehicle engines were produced in the country.
The automotive manufacturing industry in the UK is characterized by the presence of several manufacturers such as Vauxhall Motors, Nissan Motor Company, and Honda Motor Company Ltd. Key commercial vehicle manufacturers include London Taxis International, The Ford Motor Company, and Alexander Dennis Limited.
Horizon Databook provides a detailed overview of country-level data and insights on the UK automotive adhesives market , including forecasts for subscribers. This country databook contains high-level insights into UK automotive adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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