In this region, global automotive adhesives market projected for USD 4.20 billion in 2016 and is projected to grow at a CAGR of 8.2% during the forecast period of 2017 to 2024.
Some of the major players in automotive adhesives market include
Ashland Global Holdings Inc.,
Bemis Associates, Inc.,
EMS-Chemie Holding AG,
H.B. Fuller Company,
Henkel AG and Co. KGaA,
Illinois Tool Works, Inc.,
Nippon Paint Co., Ltd.,
Nitto Denko Corporation,
Royal Adhesives and Sealants, LLC,
RPM International Inc.,
The Dow Chemical Company,
Dow Corning Corporation,
Three Bond Co., Ltd.,
Transtar Autobody Technologies, Inc.,
The automotive adhesives market is segmented on the basis of resin type into polyurethane, epoxy, acrylic, silicone, SMP, polyamide and others.
On the basis of vehicle type, the market is segmented into passenger car, buses, heavy trucks, LCV and others.
On the basis of application, the market is segmented into body in white (BIW), powertrain, paint shop and assembly.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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