Automotive Adhesives & Sealants Market Segmentation:
Resin type (Polyurethane, Epoxy, Acrylic, PVA, EVA, Styrenic Block)
Considering the resin type, the polyurethane segment is expected to dominate the automotive adhesives & sealants market with a share of 35.7% by 2035. The segment is expected to hold USD 3.4 billion by the end of 2025. The significant growth is driven by its adhesion capability with a wide range of substrates. Its cure time and potting lifespan can be extended by using customized formulations. Additionally, the transferred flexibility to the used product makes it suitable for all new vehicles. Its diverse application includes dashboards, chassis components, cable sheathing, headrests, steering wheels, gear knobs, seats, bumpers, and door trims.
The polyurethane adhesives are designated to withstand harsh weather and temperature fluctuations. Such multi-functional features make this segment attractive for automotive adhesives & sealants market companies to invest in. In September 2024, Covestro launched its new range of polyurethane adhesives for automobile interiors. DispercollU can adhere to the lamination of the vehicle interior while making it heat-resistant. Polyurethane additives are now further being formulated from recycled contents to align with sustainability. In February 2024, KRAIBURG TPE launched its new collection of thermoplastic elastomers. This class of polyurethane plastics contains 73% recycled elements and is applicable for various technical aspects.
Our in-depth analysis of the automotive adhesives & sealants market includes the following segments:
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