Global Automotive Adhesive Market Size To Worth USD 9.67 Billion by 2033 | CAGR of 4.72%

The Global Automotive Adhesive Market Size was Valued at USD 6.10 Billion in 2023 and the Worldwide Automotive Adhesive Market Size is Expected to Reach USD 9.67 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: H.B. Fuller Company, 3M, DuPont, Huntsman International LLC, Henkel AG & Co., KGaA, Arkema S.A., Sika AG, Jowat SE, Dow, Ashland, Franklin International, Bostik S.A., The DOW Chemical Company, PPG Industries, Illinois Tool Works Corporation, Solvay S.A., and Others Key Vendors.

The structural segment is expected to grow at the fastest pace in the global automotive adhesive 

market during the forecast period.   

Based on the adhesive type, the global automotive adhesive market is divided into threadlocks & retainers, structural, tapes & films, and liquid gaskets. Among these, the structural segment is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period. The rising use of plastics and composite materials in car manufacturing to reduce weight and meet global pollution requirements is likely to drive up demand for auto adhesives in the future.  

The hot-melt segment is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period. 
Based on the technology, the global automotive adhesive market is divided into solvent-based, hot-melt, and water-based. Among these, the hot-melt segment is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period. The increasing popularity of hot-melt adhesives (HMAs) is driving market expansion because they have a long shelf life, which lowers storage and maintenance expenses. Hot melts settle fast and, after cooled, turn into beads. HMAs are a class of thermoplastic adhesives that can bond to substrates and are utilized in a wide range of automotive applications.

The body-in-white segment is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period.  
Based on the application, the global automotive adhesive market is divided into powertrain, paint shop, body-in-white, assembly, and others. Among these, the body-in-white segment is expected to grow at the fastest pace in the global automotive adhesive market during the forecast period. Automotive adhesives surpass traditional welding methods in terms of resistance to corrosion, structural durability, and weight reduction. Moreover, the use of adhesives in body-in-white applications results in enhanced efficiency and cost savings. It is anticipated that there will be a substantial increase in demand for body-in-white adhesives in the near future.