Opportunities for Adhesive in Global Automotive Industry 2014-2019

《Opportunities for Adhesive in Global Automotive Industry 2014-2019》:

Research and Markets: Opportunities for Adhesive in Global Automotive Industry 2014-2019: Trends, Forecasts and Opportunity Analysis

Research and Markets(http://www.researchandmarkets.com/research/8cr2sm/opportunities_for) has announced the addition of the “Opportunities for Adhesive in Global Automotive Industry 2014-2019: Trends, Forecasts and Opportunity Analysis” report to their offering.

Global automotive adhesives industry is expected to reach $9.4 billion in 2019

Growth in the production of passenger cars and light commercial vehicle, and increasing penetration of lightweight materials and plastics in automotive are likely to boost the global automotive adhesives industry.

This report studies global automotive adhesives industry with an in-depth analysis of all the four regions such as North America, Europe, Asia Pacific, and Rest of World (ROW). It includes segment breakdown by applications and chemical product type. Applications include adhesive consumption in passenger car, buses, heavy trucks, and light commercial vehicle. Chemical product type segmentation includes epoxy adhesive, polyurethane adhesive, and acrylics and other adhesives.

The growth of adhesives is dependent on the production of automotive and increasing penetration of lightweight materials and plastics in automotives. Light commercial vehicle production is expected to grow with a CAGR of approximately 3% during 2014-2019. These two are the major factors which increased the consumption of automotive adhesives.

Asia Pacific (APAC) has been the top region in terms of total adhesive consumption, due to increase in the production of passenger car and light commercial vehicles in China and India. Presence of key manufactures such as Toyota Motor Corporation and Nissan Motor Company Limited and other top players increased the epoxy, polyurethane, and acrylic adhesives consumption in this region.

Lucintel highlights key challenges faced by the automotive adhesives industry. Government regulations for Volatile Organic Compound (VOC) control and raw materials price pressure are the major challenges for the industry. Increased focus on weight reduction, cost reduction, and fuel economy by the automotive manufacturers still promises significant growth opportunities for automotive adhesives as compared to mechanical fasteners.

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications

3. Market Analysis

4. Competitor Analysis

5. Growth Opportunity & Strategic Analysis

7. Customer Analysis

Companies Mentioned

– 3M Company

– AB Volvo

– Daimler AG

– Dow Chemical

– Faurecia SA

– Henkel

– Johnson Controls Inc.

– PPG Industries Inc.

– Sika AG

– Toyota Motor Corporation

Read more here: http://www.heraldonline.com/2014/09/16/6329496/research-and-markets-opportunities.html?sp=/100/773/385/#storylink=cpy

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