Automotive Adhesive & Sealants Market to Post 6.4% CAGR to 2024, Forecasts Variant Market Research in Its Report Available at MarketPublishers.com15 Nov 2017 • by Natalie Aster
LONDON – The world’s automotive adhesive and sealants market is forecast to increase at a healthy in the offing to reach 2,217 kilo tons by 2024.
The major market growth driver includes the intensive growth and development in the global automotive market during the past years.
Adhesives currently used in the automotive domain are typically synthetic in nature, with raw materials such as acrylics, polyester resins, VAM, amine based resins, epoxide resins, propylene, ethylene, among others. Still, leading industry contributors are increasingly bringing into being innovative products utilising renewable and bio-based feedstock. Sealants, which used to be acrylic or silicone, are also undergoing improvements with innovative technologies and renewable raw materials to ensure enhanced product characteristics.
Prominent companies operating in the global automotive adhesive and sealants space encompass Evonik Industries, Franklin Adhesives & Polymers, Avery Dennison, DSM, Henkel, BASF, AkzoNobel N.V., Bostik, 3M, and H.B. Fuller & Co.
Insightful research report “Automotive Adhesive and Sealants Market, 2015 – 2024” elaborated by Variant Market Research provides in-depth insights into the market landscape.
The report offers granular categorisaiton of the sector based on application, type, and geography with a focus on key regions and top countries within them. It presents granular market estimates over 2015-2024 and CAGR through to 2024. The study canvasses the major market growth driving and restraining factors as well as uncovers the prominent opportunities in the market space. The research addresses the overall competitive scenario and offers comprehensive profiles of the key market players together with their financials, product & service offerings, new developments and strategies for business growth.
A full list of the publisher’s research studies is at hand in the Variant Market Research catalogue at MarketPublishers.com.