Automotive adhesives and sealants are binding substances utilized by automotive original equipment manufacturers (OEMs) to bond different metal substrates, eliminating the need for welding and mechanical bolts, welds, and rivets. According to BlueQuark Research & Consulting, the global automotive adhesive market is expected to witness considerable growth during the forecasted period. Factors such as the increase in adoption of adhesives among vehicle manufacturers reduce the mass of the vehicle, which is expected to drive the demand for the Automotive Adhesive market in the forecasted period. Further, with the increasing advancements in the automobiles, such as higher usage of sensors, infotainment systems, and body panels, the amount of adhesive used in the automotive adhesive in the forecasted period. Furthermore, growing demand for characteristics such as corrosion resistance and weight reduction is creating an increased scope of applications in different automobile formats, which is expected to drive the need of the Automotive Adhesive market in the forecasted period. Furthermore, growing demand for characteristics such as corrosion resistance and weight reduction is creating an increased scope of applications in different automobile formats, which is expected to drive the need of the Automotive Adhesive market in the forecasted period. However, low-weight vehicle manufacturers are still hesitant to using adhesives and prefer using traditional processes, which has hampered the Automotive adhesives growth of the market in the forecasted period.

Automotive adhesives are used regularly in sealing, holding, and structural applications for automotive production and aftermarket uses. In automobile manufacturing, adhesives are utilized for joining seats, spoilers, side skirts, bumpers, headlights, tailgates, dashboards, and others. They are also worn to bond newer materials in the automotive industry, such as ABS/PC, CFRP, aluminum, and coated metals.

The major factors responsible for the automotive adhesives market are growth, increasing demand from automotive industries, and technological innovations mainly to reduce the vehicle's weight. Adhesives are rising, being deployed in the automotive sector for binding various vehicle components, link closures and structural modules. An increase in the adoption of bonds among vehicle manufacturers reduces the vehicle's mass, increases front & rear lateral body stiffness, enhances crash performance, and minimizes noise, vibration, and harshness (NVH). In addition, adhesive bonding leads to new innovative vehicle body designs and mixed material designs consisting of high-strength steels, nonferrous metals, plastic, and composites. Furthermore, adhesives offer high bonding strength across diverse substrates and can be used to attach dashboards, door panels, electronics, light covers and lenses, and steel and alloyed components. Government initiatives to surge the production of lightweight vehicles are a significant driver of market growth. The ability of adhesives to minimize vehicle weight, increase fuel efficiency, and lower carbon emissions is likely to augment market growth. This has resulted in surged product penetration in the automotive sector and, thereby, in replacing welding & metal joints with adhesives. The advent of lightweight electric vehicles is estimated to drive the adoption of sealants as a replacement for rivets and welds. The rise in the usage of adhesives for bonding body panels and body interiors is anticipated to fuel the demand for automotive bonds. An increase in sales of electric vehicles, owing to a decline in the price of batteries and government incentives, is likely to boost the global automotive adhesive market.

The Asia Pacific region is expected to be the largest market for global automotive adhesives due to low manufacturing costs and the demand for automotive adhesives, primarily due to increasing automotive production. The market's growth is driven by the rise in sales of automotive adhesives owing to underlying strength in passenger vehicle sales, technological advancements in the manufacturing of automobiles, and the adoption of smart cars. Autonomous EVs are electric vehicle that is self-parking, robotic, or driverless. According to the survey done by the idealist on localization methods for autonomous vehicles in smart cities, autonomous cars are expected to be sufficiently reliable and affordable to replace most human driving by 2030. They calculate billions of data points each second from an array of sensors, radar systems and cameras, which together are called Advanced Driver Assistance Systems. There are various types of adhesives used in radars, cameras, and sensors in electric vehicles. With the growth and commercialization of autonomous EVs, the requirement for EV adhesives is likely to increase soon. This will offer significant growth opportunities for automotive adhesive manufacturers. The usage of MMA adhesives in the automotive & transportation industry is rising as they reduce the weight of vehicles and provide excellent performance characteristics. These adhesives find application in auto components and the interiors and exteriors of automobiles. The using of bonds has revolutionized the building and design processes in the automotive industry. Water-based adhesives emit low emissions during their manufacturing process, which is predicted to boost their usage over other technologies. Hot melt adhesives is among the fastest-increasing technology segments, in terms of revenue, in the industry. Hot melts based on reactive polyurethane are increasing in popularity in the automotive industry owing to their ability to offer a superior bond and strong resistance against moisture, heat, and chemicals. Also, the use of hot melts in the automotive industry speeds up the production process in comparison to water-based and solvent-based products.

The global automotive adhesives market is highly consolidated. Major market players were 3M, Henkel, Arkema Group (Bostik SA), Dupont, and H.B. Fuller, among others.

In April 2020, Dow introduced the new DOWSIL EA-3838 Fast Adhesive, an advanced silicone adhesive that reduced energy usage in avionics, automotive electronics, lighting, and appliances. Moreover, in February 2020, German-based Henkel Adhesives Technology invested around EUR 50 million (Rs 400 crores) in its new manufacturing facility in Pune. The company reported that it would invest another 50 million in the next five years on other projects in India.

Global Automotive Adhesives Market report provides deep insight into the current and future state of the Automotive Adhesives market across various regions. The study comprehensively analyzes the automotive adhesives market by segmenting based on Resin type (Epoxy, Acrylic, Polyurethane, Silicone, Polyamide, and Other Resins), Technology (Water-borne, Solvent-borne, Reactive, and Other Technologies), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth, in detail. The study covers & includes emerging market size, trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.