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July 12, 2020, 4:31 a.m. EDT

Automotive Adhesives and Sealants Market Outlook 2020- Explains Recent Trend, Share and Future Growth, Size, Feasibility, Regional Outlook and Future Forecast to 2023 by Market Reports World

The Automotive Adhesives and Sealants Market research report provides an in-depth study of industry plyers, market growth to frame tactical business plans.

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Jul 12, 2020 (The Expresswire) -- Global " Automotive Adhesives and Sealants Market " (2020-2023) Industry Research Report focuses on the global Automotive Adhesives and Sealants status, future forecast, growth opportunity, key market and key players. Automotive Adhesives and Sealants Market provides a brief overview of the market focusing on definitions, classifications, product specifications, manufacturing processes, cost structures, market segmentation, end-use applications and industry chain analysis.

Get a Sample PDF of report at- https://www.marketreportsworld.com/enquiry/request-sample/12344361

The global automotive adhesives and sealants market is expected to register a CAGR of 7.21% during the forecast period, 2018 to 2023. Asia-Pacific dominated the market, accounting for around 40% of the market share in 2019, followed by Europe and North America.

Top Manufacturers Listed in the Automotive Adhesives and Sealants Market Report are:

  • DOWDUPONT

  • Henkel AG and Co.

  • KGaA

  • H.B. Fuller

  • ARKEMA CHEMICALS PRIVATE LTD.

  • 3M

  • SIKA AG

  • ILLINOIS TOOL WORKS CORPORATION

  • JOWAT AG

  • CYTEC INDUSTRIES

  • INC.

  • PPG INDUSTRIES

  • HEXION

  • HUNTSMAN CORP.

  • AVERY DENNISON CORP.

  • PIDILITE INDUSTRIES LTD.

  • ROYAL ADHESIVES and SEALANTS

  • RPM INTERNATIONAL INC.

  • SUPER GLUE CORP.

  • TESA SE (A BEIERSDORF COMPANY) and THE REYNOLDS CO.

Get a Sample Copy of the Automotive Adhesives and Sealants Market Report 2020

Detailed Overview about Automotive Adhesives and Sealants Market:

Growing Demand for Lightweight Vehicles

Over the past few years, adhesives have become a prime technology component of the automotive applications, as they are continuously replacing traditional bonding or adhesion methods. On an average, the present day automobile contains about 18kg of adhesives, compared to 8kg in 2004

Unlike traditional manufacturing methods, adhesives offer the advantage of flexibility during the production process of automotive components. In addition, they also aid in reducing the processing and set up time, as they can be applied easily and at a relatively high speed. Additionally, the recent advancements in the adhesives technologies has been aiding automobile manufacturers in the production of lightweight and fuel efficient vehicles. The Corporate Average Fuel Economy standard has forced manufacturers in the automotive industry to develop vehicle designs that incorporate the usage of adhesives. The focus on minimizing carbon emission and enhancing fuel economy by a way of reducing the weight of a vehicle has given adhesives the impetus as a bonding material for the manufacturing of automobiles.

Rising Demand for Polyurethane

Polyurethane adhesives are the most commonly used adhesives, which provide extremely strong bonding and offer good resistance against heat, moisture, and chemicals. Apart from the aforementioned properties, they also offer flexibility, durability, and good impact resistance.

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