Lucintel Anticipates the Adhesives Market in the Global Automotive Industry to Reach $9.4 Billion by 2019
Suite 870, Las Colinas,TX 75038, October 28, 2014 (Newswire.com) - Adhesives in the automotive industry are used in all the categories of vehicles, including passenger cars, heavy trucks, buses, and light commercial vehicles. Structural adhesives offer fast processing speeds and exceptional bond strengths. These compounds are formulated to improve vehicle performance, improve safety, lower weight, and enhance comfort. Adhesives in the automotive industry are used in interior and exterior applications which include roof panels, doors, headliners, interior dashboards, and hoods. Passenger car is the largest segment with 54% consumption of adhesives.
Adhesives in the global automotive industry are expected to reach $9.4 billion by 2019, promising huge opportunities for the firms operating in the industry. Asia Pacific (APAC) has been the top region in terms of total adhesives consumption due to increase in production of passenger cars and light commercial vehicles in China and India. APAC is expected to remain the largest consumer of adhesives in the automotive industry. Henkel AG & Co KGaA, 3M Co., PPG Industries, The Dow Chemical Company, and Sika AG are some of the suppliers of adhesives for various applications in the automotive industry.
Lucintel, a growth accelerator firm, has analyzed the demand of adhesives in the global automotive market and has come up with a comprehensive research report, “Opportunities for Adhesives in Global Automotive Industry 2014-2019.” This report provides an analysis of adhesives in the automotive industry, including analysis of the market trends, competitive landscapes, company profiles, emerging trends, and key drivers of the industry growth. The study also includes adhesives in the global automotive market forecasts through 2019, segmented by regions, applications, and chemical product types:
Adhesives in the global automotive industry segmented by regions:
{C}· North America
{C}· Europe
{C}· Asia Pacific
{C}· Rest of the World
Adhesives in the global automotive industry segmented by applications:
{C}· Passenger Car
{C}· Heavy Trucks
{C}· Buses
{C}· Light Commercial Vehicles
Adhesives in the global automotive industry segmented by chemical products types:
· Epoxy Adhesives
· Polyurethane Adhesives
· Acrylics and Other Adhesives
This 160-page research report will enable you to make confident business decisions in the adhesives market in the global automotive industry. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/chemical_composites/opportunities_for_adhesive_in_global_automotive_industry_2014-2019colonopt_trend,_forecast,_and_opportunity_analysis_july_2014.aspx or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Market Entry Strategy, Due Diligence and Strategic Growth Consulting. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.
About Lucintel
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market entry strategies, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.