Automotive Adhesives Market Size Worth $9.0 Billion by 2033 | CAGR: 5.4%: AMR

The surge in demand for lightweight vehicles and the growth in the adoption of electric vehicles are key drivers for the automotive adhesive market. Lightweight vehicles are increasingly favored for their improved fuel efficiency and reduced emissions, prompting manufacturers to replace traditional metal fasteners with advanced adhesives that offer strong bonding while minimizing weight.

/EIN News/ -- Wilmington, Delaware, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Automotive Adhesives Market by Resin Type (Polyurethane, Epoxy, Acrylics, Silicone, SMP, Polyamide, and Others), Technology (Hot melt, Solvent Based, Water based, Pressure Sensitive, and Others), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), and Application (Body-in-White (BIW), Powertrain, Paint Shop, and Assembly): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the automotive adhesives market was valued at $5.3 billion in 2023 and is estimated to reach $9.0 billion by 2033, growing at a CAGR of 5.4% from 2024 to 2033. 

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Prime determinants of automotive adhesives market growth 

The global automotive adhesives market is experiencing growth due to several factors such as surge in demand for lightweight vehicles and growth in the adoption of electric vehicles. However, the high cost of advanced adhesives hinders market growth to some extent. Moreover, technological advancements in adhesive formulations present additional opportunities for inspection services. Advancements in curing technologies are driving opportunities in the automotive adhesive sector. Modern adhesives now feature faster curing times through innovations such as UV light or heat activation. This efficiency accelerates the manufacturing process and increases productivity on the assembly line. 

Report Coverage & Details: 

Report Coverage	Details
Forecast Period	2024–2033
Base Year	2023
Market Size in 2023	$5.3 billion
Market Size in 2033	$9.0 billion
CAGR	5.4%
No. of Pages in Report	1170
Segments Covered	Resin Type, Technology, Vehicle Type, Application, and Region.
Regional Scope	North America, Europe, Asia Pacific, and LAMEA.
Drivers	Surge in demand for lightweight vehicles  Growth in adoption of electric vehicles
Opportunity	Technological advancements in adhesive formulations
Restraint	High cost of advanced adhesives

The polyamide segment is expected to maintain its dominance by 2033 

By resin type, the polyamide segment held the highest market share in 2023, accounting for more than one-fifth of the global automotive adhesives market revenue and is estimated to maintain its leadership status throughout the forecast period. Polyamide-based adhesives are known for their excellent resistance to high temperatures and chemicals, which makes them suitable for various automotive applications where thermal and chemical exposure are common. As vehicles become more sophisticated, with the inclusion of components that generate heat (such as engines, batteries in electric vehicles, and other electronic parts), polyamide adhesives are increasingly preferred for their ability to withstand extreme environments without degrading. This capability ensures the longevity and reliability of critical automotive components, contributing to their widespread adoption. 

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Water based segment is expected to lead the trail by 2033 

By technology, the water-based segment held the highest market share in 2023, accounting for around half of the global automotive adhesives market revenue and is estimated to dominate during the forecast period. The rise of electric vehicles (EVs) is influencing the demand for water-based adhesives in the automotive sector. EVs rely on lightweight materials such as composites and aluminum, to optimize energy efficiency and extend battery life. Water-based adhesives are well-suited for these lightweight materials, providing effective bonding while maintaining structural integrity without adding significant weight. Moreover, they offer flexibility and durability, ensuring strong adhesion even under varying thermal conditions, which is crucial for EV applications. As automotive manufacturers increasingly prioritize sustainability and the development of lighter, more efficient vehicles, the use of water-based adhesives is becoming more widespread, further driving their demand in the market. 

The passenger vehicle segment is expected to maintain its dominance by 2033 

By vehicle type, the passenger vehicle segment held the highest market share in 2023, accounting for more than two-thirds of the global automotive adhesives market revenue and is estimated to maintain its leadership status throughout the forecast period. Governments and regulatory bodies are implementing stringent emission standards, encouraging automakers to produce lighter vehicles that consume less fuel. Automotive adhesives play a crucial role in this shift, as they offer strong, reliable bonds that allow for the integration of lightweight materials such as aluminum, carbon fiber, and advanced composites instead of traditional metal components. By replacing mechanical fasteners and welding methods with adhesives, manufacturers achieve significant weight reductions while maintaining the vehicle's structural integrity and safety that makes adhesives essential in the production of modern passenger vehicles. 

Body-in-white (BIW) segment is expected to lead the market by 2033 

By application, the body-in-white (BIW) segment held the highest market share in 2023, accounting for more than two-fifths of the global automotive adhesives market revenue and is estimated to dominate during the forecast period. In BIW construction, manufacturers aim to reduce the overall weight of vehicles to improve fuel efficiency and decrease emissions. Adhesives play a critical role in this process by enabling the bonding of lightweight materials such as aluminum, high-strength steel, and composites. Compared to traditional welding or mechanical fastening methods, which add weight or compromise material integrity, adhesives provide a strong, flexible bond without adding significant weight. They distribute stress more evenly across bonded surfaces, contributing to enhanced crash performance and overall safety. 

Asia-Pacific is expected to witness rapid growth throughout the forecast period 

By region, Asia-Pacific was the fastest-growing region in terms of revenue in 2023 representing 5.7% of the CAGR. The automotive adhesives market in the Asia-Pacific region is primarily driven by the rapid expansion of the automotive industry, supported by increasing vehicle production and sales. Countries such as China, India, Japan, and South Korea are significant automotive manufacturing hubs, benefiting from large-scale investments and the presence of major global and local automotive companies. The region is experiencing a surge in automotive manufacturing activities owing to increase in consumer demand for vehicles and growth in urbanization. This growth necessitates advanced bonding solutions such as automotive adhesives, which enable manufacturers to meet the increasing demand for lightweight, fuel-efficient, and technologically advanced vehicles. 

Leading Market Players: 

• Henkel AG & Co. KGaA 

• Bostik SA 

• 3M 

• DOW 

• Sika AG 

• H.B. Fuller Company 

• PPG INDUSTRIES, INC 

• Jowat SE 

• Illinois Tool Works Inc. 

• Solvay 

The report provides a detailed analysis of these key players in the global automotive adhesives market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others, to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

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About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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