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Automotive Adhesives And Sealants Market Expected to Account US$ 6,500 Mn by 2026Automotive Adhesives And Sealants Market..

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Automotive Adhesives And Sealants Market Expected to Account US$ 6,500 Mn by 2026
Automotive Adhesives And Sealants Market Expected to Hit US$ 6,500 Mn by 2026
Due to the environmental concerns about the emissions of greenhouse gases from automobiles,
there is a trend to produce lightweight automobiles. This is because a reduction in the weight of the
vehicle results in fuel savings and also helps in the reduced emission of carbon dioxide and other
greenhouse gases. To attain this aim of producing lightweight vehicles, automobile manufacturers
are concentrating on producing different types of thermoplastic elastomers. In addition,
manufacturers are not getting an easy access to petroleum based products due to the popularity of
shale gas, due to which there is a supply uncertainty of raw materials across the world due to a shift
from naphtha to natural gas. Moreover, the stringent government rules regarding the use of biobased adhesives are expected to influence the global automotive adhesives and sealants market in a
positive manner.
Automotive Adhesives And Sealants Market Research Report Overview @
https://www.persistencemarketresearch.com/market-research/automotive-adhesives-and-sealantsmarket.asp
A new report delivered by Persistence Market Research titled ‘Automotive Adhesives and Sealants
Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ studies the performance of
the global automotive adhesives and sealants market over a nine year assessment period which
starts from the year 2017 and ends in the year 2026. The report presents the forecast by value of the
global automotive adhesives and sealants market and provides valuable information regarding the
market dynamics such as drivers, restraints, opportunities and trends. As per the assessment of
Persistence Market Research, the global automotive adhesives and sealants market was estimated to
be valued at nearly US$ 4,600 Mn at the end of the year 2017 and is poised to reach a valuation of
nearly US$ 6,500 Mn at the end of the forecast period in 2026, and in the process display a CAGR
of 4.0% during 2017-2026.
Request Sample [email protected] https://www.persistencemarketresearch.com/samples/21673
Polyurethane Largest Product Type in Terms of Revenue Share : The polyurethane segment in the
product type category of the global automotive adhesives and sealants market is the largest in terms
of value and is slated to display a CAGR of 3.5% during the period of forecast. The polyurethane
segment is anticipated to reach a market valuation of nearly US$ 1,400 Mn at the end of the period
of forecast.
The paint shop segment in the application category of the global automotive adhesives and sealants
market is anticipated to display a CAGR of 3.8% during the period of forecast. The paint shop
segment was estimated to be valued at nearly US$ 2,050 Mn in the year 2017.The passenger cars
segment in the vehicle type category of the global automotive adhesives and sealants market is
slated to display the fastest CAGR of 4.6% during the period of forecast. The passenger cars
segment is forecasted to reach a market valuation of nearly US$ 3,600 Mn by the end of the year
2026.
Download and View Report TOC, Figures and Tables @
https://www.persistencemarketresearch.com/market-research/automotive-adhesives-and-sealantsmarket/toc
APEJ Automotive Adhesives and Sealants Market to Emerge the Largest in Terms of Value Among
Other Regional Markets ,The automotive adhesives and sealants market in APEJ is the largest in
terms of revenue and is anticipated to display a CAGR of 4.8% during the period of forecast. The
APEJ regional market is likely to reach a valuation of nearly US$ 2,800 Mn by the end of the period
of assessment in 2026. ,In the competition landscape section of this report some of the important
companies operating in the global automotive adhesives and sealants market are profiled. Some of
the top companies featured in this report include BASF SE, Delo, 3M, Permabond LLC, PPG
Industries, Inc., Henkel AG & Co. KGaA, Evonik Industries AG, The Dow Chemical Company,
Jowat SE and Hernon Manufacturing Inc.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a
unique collaboration of data analytics and market research methodology to help businesses achieve
optimal performance.To support companies in overcoming complex business challenges, we follow
a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional
sources. By deploying real-time data collection, big data, and customer experience analytics, we
deliver business intelligence for organizations of all sizes.
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