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Home>Automotive Adhesives and Sealants Market Analysis 2011-2021 by Product, Application, Function, Technology, Vehicle Type and Segment Forecasts - Research and Markets

Automotive Adhesives and Sealants Market Analysis 2011-2021 by Product, Application, Function, Technology, Vehicle Type and Segment Forecasts - Research and Markets

Automotive Adhesives and Sealants Market Analysis 2011-2021 by Product, Application, Function, Technology, Vehicle Type and Segment Forecasts - Research and Markets

10/03/2017

Automotive Adhesives and Sealants Market Analysis 2011-2021 by Product, Application, Function, Technology, Vehicle Type and Segment Forecasts - Research and Markets

The "Automotive Adhesives and Sealants Market Analysis by Product, by Application, by Function, by Technology, by Vehicle Type and Segment Forecasts, 2011- 2021" report has been added to Research and Markets' offering

The global automotive adhesives & sealants market is expected to reach USD 3.89 billion by 2021

Growing concerns regarding fuel consumption and greenhouse gas (GHG) emissions are expected to boost the demand in commercial as well as passenger vehicles.

A 10% reduction in the weight of an automobile results in approximately 5% to 7% fuel saving. In addition, the reduced weight also aids in controlling the emission of CO2 throughout the life cycle of the vehicle. Auto manufacturers are focusing mainly on auto components that are manufactured from various types of thermoplastic elastomers in order to enhance the performance of automobiles and follow the trend of lightweight vehicles.

Manufacturers are facing problems in sourcing petroleum-based tackifiers due to the advent of shale gas, which has resulted in supply uncertainty of raw materials across the globe owing to a shift in feedstock from naphtha to natural gas. Stringent government regulations for the usage of bio-based adhesives are further expected to positively influence the industry growth.

Silicone sealants occupied the largest share with over 32% of the volume in 2016. Silicone-based materials also withstand structural movement, offer protective qualities and may be utilized in extreme temperatures & weather conditions. These factors, along with the introduction of new modified silicones and novel applications being developed for automobiles, are expected to drive growth in this segment over the forecast period.

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