Automotive Adhesives Market
consumption of the automotive adhesives per vehicle may increase in the coming years. In addition, automotive adhesives help to reduce harshness, noise, and vibration of the vehicle and provides comfort-driving feel. Moreover, they enhance performance and fuel efficiency of the vehicles driving the global market.
Global Automotive Adhesives Market: Segmentation
The global automotive adhesives market is classified based on applications as powertrain, bodyin-white, assembly, and paintshop. Based on vehicle type, the global market is further divided as trucks, passenger vehicles, LCV, buses, and others. Furthermore, the global automotive adhesives market is categorized on the basis of resin types as polyamide, acrylic, polyurethane, silicone, epoxy, SMP, and others.
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Global Automotive Adhesives Market: Regional Analysis
The global automotive adhesives market includes geographical segment as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific holds the largest market share in the global market. China and Japan are major manufacturing centers in Asia Pacific and may continue to play a significant role in the global automotive adhesives market. Escalating growth in the global market in the countries such as Malaysia and Vietnam is anticipated to propel the global automotive adhesives market growth. Some other countries include South Korea, India, and Australia also boosting the global automotive adhesives market