DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6m29fk/united_states) has announced the addition of the "United States Automotive Adhesives Market Forecast and Opportunities, 2019" report to their offering.
According to United States Automotive Adhesives Market Forecast & Opportunities, 2019, the automotive adhesives market in the US is expected to grow at a CAGR of about 5% during 2014-19. The demand for automotive adhesives is expected to increase significantly in the automotive sector, due to rising government concerns related to reducing emissions from ICE (Internal Combustion Engines) by switching to electric vehicles (EVs). As EVs contain heavy batteries for storing energy, their fuel efficiency has to be balanced using lightweight materials, which in turn increases automotive adhesive consumption.
This trend is further supported by tax exemptions for use or promotion of electric vehicles. Some of the major companies in the US involved in manufacturing and supplying automotive adhesives to OEMs include Henkel, Dow Chemical Company and H.B. Fuller.
Government concerns regarding environmental impact of motor vehicles is driving automotive manufacturers in the US to downsize vehicle weight in order to improve fuel economy and reduce harmful emissions. The government has drafted regulations pertaining to fuel economy and emission standards, which has to be followed by every vehicle manufacturer by 2025. Weight reduction of vehicles can be achieved by using lightweight materials such as plastics, composites, high strength steel and aluminum.
As composites are generally built of different materials, their joining is not possible using traditional techniques like welding or screwing. For this purpose, specially formulated structural adhesives have to be applied, which not only bind composites of similar or dissimilar substrates, but also provide structural integrity to the vehicle body frame. Major automotive adhesives used to achieve these objectives include epoxy, polyurethane or acrylic polymer-based.
United States Automotive Adhesives Market Forecast & Opportunities, 2019 report elaborates following aspects related to automotive adhesives market in the United States:
- US Automotive Adhesives Market Size, Share & Forecast
- Segmental Analysis - Epoxy, Polyurethane, Acrylic, etc.
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Global Adhesives Market Overview
4. US Automotive Adhesives Market Analysis
5. US Automotive Epoxy Adhesives Market
6. US Automotive Polyurethane Adhesives Market
7. US Automotive Acrylic Adhesives Market
8. Market Drivers & Challenges
9. Market Trends & Developments
10. Policy & Regulatory Landscape
11. United States Economic Profile
12. Competitive Landscape
13. Strategic Recommendations
Companies Mentioned
- 3M Company
- Avery Dennison Corporation
- Bostik US
- EMS-EFTEC
- H.B. Fuller Company
- Henkel North America
- PPG Industries
- Sika Corporation US
- Tesa USA
- The Dow Chemical Company
For more information visit http://www.researchandmarkets.com/research/6m29fk/united_states
