January 19, 2021

Worldwide Engineering Adhesives Industry to 2025 – Growing Demand from Automotive and Aerospace Sectors

DUBLIN–(BUSINESS WIRE)–Oct 14, 2020–

The “Engineering Adhesives Market – Growth, Trends, and Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.

The market for engineering adhesives is expected to grow at a CAGR of more than 3% globally during the forecast period.

Growing demand from manufacturing industries and increasing applications for industrial purposes are driving the market growth. The outbreak of COVID-19 and volatility in raw material prices are expected to hinder the market growth.

Companies Mentioned

  • 3M
  • Arkema S. A
  • Ashland Global Specialty Chemicals Inc
  • Dow Corning Corporation
  • Dymax Corporation
  • H.B. Fuller
  • Henkel AG & Co. KGaA
  • Huntsman International LLC
  • Permabond LLC
  • Sika AG

Key Market Trends

Growing Demand from Automotive and Aerospace Sectors

  • Engineering Adhesives are majorly used for engineering applications. The demand for engineering adhesives has been growing from the manufacturing industries such as automotive, electronics, renewable energy sector, and also from other advanced engineering
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Flourishing Electric Vehicle Industry to Boost Demand for Automotive Software in Asia-Pacific (APAC) in Coming Years

The rising urbanization, rapid technological advancements and innovations in the automotive industry, and the increasing consumer preference for vehicles equipped with advanced safety features have caused a sharp rise in the demand for advanced automobiles such as connected cars all over the world. As a result, the sales of connected cars have climbed steeply in several countries around the world. Because of this reason, the global connected car market industry reached a revenue of almost $72.5 billion in 2019. The ballooning sales of these vehicles are fueling the surge in the requirement for automotive software.

This is because of the integration of advanced technologies such as the internet of things (IoT) in the various systems incorporated in the connected cars. The IoT-based technologies and systems are helping the automobile manufacturers achieve pathbreaking results related to in-vehicle connectivity solutions. Furthermore, the integration of these innovative technologies enhances the safety of the

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ALBANY, N.Y., Oct. 8, 2020 /PRNewswire/ — Automotive lightweight materials are gaining traction across the worldwide automotive sector. One of the important reasons for this popularity is the ability of automotive lightweight materials to advance the fuel economy of automobiles. Similarly, these materials widely utilized to boost the safety as well as overall vehicle performance. Owing to all these factors, the global automotive lightweight materials market is estimated to grow at rapid speed in the years ahead.

TMR’s analysts highlight that the automotive lightweight materials market is likely expand at a CAGR of 7.2% during forecast period of 2019–2027. Major enterprises from the automotive industry are eyeing the development of vehicles with advanced fuel efficiency. As a result, they are growing use of automotive lightweight materials. This scenario depicts that the manufacturers of automotive lightweight materials will gain lucrative avenues in the years ahead.

Request for Covid-19 Impact Analysis

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Automotive Paints and Coatings Market will Showcase Neutral Impact during 2020-2024 | The Increasing Demand For Innovative and Specialty Products to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive paints and coatings market and it is poised to grow by $ 3.96 bn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Akzo Nobel NV, Arkema SA, Axalta

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“Million Insights – World’s Fastest Growing Market Research Database”

According to new report available with Million Insights, the United States automotive battery aftermarket industry research report offers complete analysis of growth driver, distribution channel, competitive landscape and scope. This enables numerous opportunities for the market players to invest in research and development.

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a car parked on the side of a road: 2021 F-150 Limited


© Provided by CNBC
2021 F-150 Limited

Sales of F-Series pickups and SUVs helped Ford Motor outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter.

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While Ford’s vehicle sales fell by just 4.9% from the same time last year, the drop was about half that of the broader industry and smaller than the sales declines felt by General Motors and Fiat Chrysler.

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Ford’s 3Q vehicle sales outperform industry as demand recovers from coronavirus lockdowns

  • Sales of F-Series pickups and SUVs helped Ford outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter.
  • Ford on Friday reported its vehicle sales in the third quarter were only down 4.9% from a year earlier.
  • That compares to GM, Fiat Chrysler and the overall industry that were down about 10%.



a car parked on the side of a road: 2021 F-150 Limited


© Provided by CNBC
2021 F-150 Limited

Sales of F-Series pickups and SUVs helped Ford Motor outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter.

Loading...

Load Error

While Ford’s vehicle sales fell by just 4.9% from the same time last year, the drop was about half that of the broader industry and smaller than the sales declines felt by General Motors and Fiat Chrysler.

Such declines typically aren’t cause for celebration, but this year is anything but typical. New vehicle sales have recovered far faster

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a silver car on display: Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show.


© Provided by CNBC
Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show.

BEIJING — Demand for luxury electric sedans is on the rise in China.

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The luxury

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Cars.com logo (PRNewsfoto/Cars.com)
Cars.com logo (PRNewsfoto/Cars.com)

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