Automotive Adhesives & Sealants Market Size & Share Analysis - Industry Research

 Market analysis for automotive adhesives and sealants

According to projections, the market for automotive adhesives and sealants would grow at a CAGR of 6.48%.

Reactive technology, which has the broadest range of applications in the automotive sector for assembly, maintenance, thread-locking, and other uses, has earned the largest market share globally.

Polyurethane resins, which are used as adhesives and sealants in the automotive industry, particularly for interior and exterior applications, account for the largest segment of the market by resin.

Largest Segment by Region: Asia-Pacific: India, China, South Korea, Indonesia, and Japan all have high passenger and commercial vehicle demand, making Asia-Pacific the largest regional market.

Asia-Pacific is expected to experience the greatest growth among all regions in the upcoming years as a result of growing concerns about carbon emission standards and a rapidly increasing demand for electric vehicles.

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