Global Passenger Car Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin Type;

Polyurethane, Epoxy, Acrylics, Silicon, Silyl-Terminated Polyether (STP), Polyamide and Others.

By Technology;

Hot Melt, Solvent-Based, Water-Based, Pressure Sensitive and Others.

By Application;

Body in White (BIW), Powertrain, Paint Shop, Assembly and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn621946999 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Passenger Car Adhesives Market (USD Million), 2021 - 2031

In the year 2024, the Global Passenger Car Adhesives Market was valued at USD 5309.31 million. The size of this market is expected to increase to USD 7470.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global passenger car adhesives market is witnessing significant growth, driven by the increasing demand for lightweight and fuel-efficient vehicles. Adhesives play a crucial role in reducing the weight of automobiles by replacing traditional mechanical fasteners, which in turn enhances fuel efficiency and reduces emissions. The automotive industry’s shift towards electric vehicles (EVs) further propels the demand for adhesives, as they are essential for bonding various components and ensuring the structural integrity of EVs. This transition towards sustainable and eco-friendly vehicles is a key factor boosting the adhesives market.

Technological advancements in adhesive formulations have led to the development of high-performance adhesives that offer superior bonding strength, durability, and resistance to environmental factors. These innovations enable manufacturers to use adhesives in critical applications such as bonding body panels, interior components, and electronic assemblies. The growing emphasis on vehicle safety and crashworthiness also drives the adoption of advanced adhesives that provide enhanced crash performance and occupant protection. As a result, automotive manufacturers are increasingly incorporating these adhesives into their production processes.

Regional market dynamics play a significant role in shaping the global passenger car adhesives market. North America and Europe are prominent markets due to the presence of major automotive manufacturers and a strong focus on research and development activities. These regions are also witnessing stringent regulations related to vehicle emissions and fuel efficiency, further encouraging the use of adhesives. In contrast, the Asia-Pacific region is experiencing rapid market growth, driven by the expanding automotive industry in countries like China, India, and Japan. The rising disposable income and increasing vehicle ownership in these countries contribute to the growing demand for passenger car adhesives.

The competitive landscape of the global passenger car adhesives market is characterized by the presence of several key players striving to expand their market share through strategic initiatives such as mergers and acquisitions, collaborations, and product innovations. Companies are investing in research and development to introduce new adhesive products that cater to the evolving needs of the automotive industry. Additionally, the trend of sustainable and eco-friendly adhesives is gaining traction, with manufacturers focusing on developing adhesives with lower volatile organic compound (VOC) emissions and enhanced recyclability. This competitive environment fosters continuous innovation and growth in the passenger car adhesives market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Passenger Car Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for lightweight vehicles
        2. Growth in electric vehicle adoption
        3. Technological advancements in adhesive formulations
      2. Restraints
        1. High cost of advanced adhesives
        2. Limited awareness and technical expertise
        3. Volatility in raw material prices
      3. Opportunities
        1. Expansion in emerging markets
        2. Development of eco-friendly adhesives
        3. Rising investments in automotive R&D
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Passenger Car Adhesives Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Polyurethane
      2. Epoxy
      3. Acrylics
      4. Silicon
      5. Silyl-Terminated Polyether (STP)
      6. Polyamide
      7. Others
    2. Global Passenger Car Adhesives Market, By Technology, 2021 - 2031 (USD Million)
      1. Hot Melt
      2. Solvent-Based
      3. Water-Based
      4. Pressure Sensitive
      5. Others
    3. Global Passenger Car Adhesives Market, By Application, 2021 - 2031 (USD Million)
      1. Body in White (BIW)
      2. Powertrain
      3. Paint Shop
      4. Assembly
      5. Others
    4. Global Passenger Car Adhesives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Henkel & Co
      2. KGaA
      3. Bostik S.A
      4. 3M
      5. DOW Chemical
      6. Sika AG
      7. H.B. Fuller
  7. Analyst Views
  8. Future Outlook of the Market