United States Passenger Car Adhesives Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The US Passenger Car Adhesives Market is a growing sector driven by the increasing need for enhanced vehicle safety, performance, and fuel efficiency. Adhesives play a pivotal role in the automotive industry, serving as essential bonding agents for various components in passenger cars. These adhesives are critical in reducing vehicle weight, improving structural integrity, and enabling new designs. As the demand for lightweight, eco-friendly, and durable vehicles rises, so does the need for advanced adhesive solutions in the automotive industry.
Passenger car manufacturers are increasingly opting for adhesives as an alternative to traditional mechanical fastening methods. Adhesives are used in assembling components like windshields, body panels, and interior parts, providing stronger bonds while reducing weight. This weight reduction leads to improved fuel efficiency, a key requirement for the modern automotive market, which is continuously striving to meet environmental regulations and consumer preferences for green vehicles.
The requirement for passenger car adhesives is also driven by technological advancements in the automotive industry. With the advent of electric vehicles (EVs) and autonomous cars, new bonding solutions are needed to accommodate these innovative designs. Adhesives allow for flexible, efficient designs without compromising vehicle strength or safety. Moreover, adhesives provide excellent noise, vibration, and harshness (NVH) properties, contributing to enhanced driver comfort and safety.
Furthermore, the growth of the automotive sector in the US has led to a surge in demand for high-performance adhesives. Industries such as OEMs (Original Equipment Manufacturers) and Tier 1 suppliers are investing heavily in adhesive technologies to meet the increasingly stringent requirements for vehicle design and manufacturing. The rise in consumer demand for electric vehicles (EVs) and hybrid cars is also contributing to the expansion of this market segment.
In addition to OEMs, aftermarket service providers also require passenger car adhesives for repairs, refurbishments, and customizations. The ability to quickly and effectively bond parts makes adhesives invaluable for vehicle repair shops and customization centers. With growing automotive innovation and a focus on sustainability, the future of the Passenger Car Adhesives Market looks promising as more industries seek advanced adhesive solutions to meet evolving requirements.
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Henkel
Sika
Dow Chemical
3M
Huntsman
Wacker-Chemie
Arkema Group
BASF
Lord
PPG Industries
H.B. Fuller
ITW
Hubei Huitian
Ashland
ThreeBond
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Passenger Car Adhesives Market
Polyurethane Adhesives
Epoxy Adhesives
Acrylic Adhesives
Silicone Adhesives
Polyvinyl Acetate (PVA) Adhesives
Dashboard Assembly
Seat Fabrics
Insulation Fitting
Water-Based Adhesives
Solvent-Based Adhesives
Hot Melt Adhesives
Reactive Adhesives
OEM (Original Equipment Manufacturer)
Aftermarket
Single-Component Adhesives
Multi-Component Adhesives
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Passenger Car Adhesives Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Passenger Car Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Passenger Car Adhesives Market, By Type
6. US Passenger Car Adhesives Market, By Application
7. US Passenger Car Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Passenger Car Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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