Asia-Pacific Automotive Adhesives & Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The Asia-Pacific Automotive Adhesives & Sealants Market is segmented by Resin (Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA), by Technology (Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand). Market Value in USD and Volume in tons are both presented. Key Data Points observed include the volume of passenger vehicle production, commercial vehicle production, and motorcycle production.

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Asia-Pacific Automotive Adhesives & Sealants Market Size

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Asia-Pacific Automotive Adhesives & Sealants Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 4.41 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2028) USD 5.78 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Resin Polyurethane
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2028) 6.99 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country China

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Asia-Pacific Automotive Adhesives & Sealants Market Analysis

The Asia-Pacific Automotive Adhesives & Sealants Market size is estimated at 4.41 billion USD in 2024, and is expected to reach 5.78 billion USD by 2028, growing at a CAGR of 6.99% during the forecast period (2024-2028).

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4.41 Billion

Market Size in 2024 (USD)

5.78 Billion

Market Size in 2028 (USD)

3.54 %

CAGR (2017-2023)

6.99 %

CAGR (2024-2028)

Largest Market by Technology

40.04 %

value share, Reactive, 2023

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In Asia-Pacific, reactive technology has registered the highest market share due to its wide-ranging applications in the automotive industry for assembling, repairing, and thread-locking, among others.

Largest Market by Resin

27.39 %

value share, Polyurethane, 2023

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Polyurethane resins hold the largest market share owing to their wide applications as adhesives and sealants in the automotive industry, specifically for interior and exterior applications.

Largest Market by Country

53.70 %

value share, China, 2023

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China is the largest market shareholder, driven mainly by its huge automotive manufacturing capacity of components and assembly operations.

Fastest Growing Market by Country

8.61 %

Projected CAGR, China, 2024-2028

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Due to the high presence of automakers and rapidly growing demand for electric vehicles, China is projected to be the fastest-growing country in the market over the forecast period.

Leading Market Player

5.98 %

market share, Henkel AG & Co. KGaA, 2021

Icon image

Henkel is the leading automotive adhesives and sealants producer in the region, delivering high-performance solutions to meet the changing demands of the automotive industry.

The adoption of sustainability in the automotive industry coupled with growing EV production to aid market demand

  • Across the Asia-Pacific automotive adhesives and sealants market, polyurethane resins account for the largest share. The scope of polyurethane adhesive in North America is higher than other resins since the region includes many production facilities. From 2017 to 2019, the consumption growth rate declined by about -5% due to a reduction in automotive production. After the COVID-19 pandemic, the consumption growth rate rose by 10% Y-o-Y. Polyurethane adhesives are expected to record a CAGR of 4.5% during the forecast period 2022 to 2028.
  • Epoxy and acrylic adhesives also have a significant presence in the Asia-Pacific automotive adhesives market. However, for epoxy, the upcoming year could be a great challenge as the raw materials used to produce epoxy adhesives are hazardous in nature and, thus, are getting regulated by government bodies in the region, such as AICS, PICCS, IECSC, and NZIoC. Epoxy adhesive is the second-largest consumed material and is expected to record a CAGR of about 4.2% during the forecast period 2022-2028. The epoxy adhesives segment is followed by the acrylic adhesives segment, which is expected to record a CAGR of about 4.5% during the forecast period 2022-2028.
  • Adhesives such as cyanoacrylate and silicone sealants are on a growing trend. The adoption of sustainability in the automotive industry is increasing significantly, and EV production is increasing to a large extent. As a result, the usage of these adhesives for electronic component assembly in automobiles is increasing, which, as a result, may lead to increased demand over the coming years. Cyanoacrylate and silicone adhesives are expected to record CAGRs of above 3.41% and 4.05%, respectively, in terms of volume during the forecast period 2022-2028.
Asia-Pacific Automotive Adhesives & Sealants Market

China to hold the pole position in the market owing to being major automobile manufacturer

  • The Asia-Pacific is the largest producer of vehicles in the world, as countries like China, India, and Japan are among the major vehicle producers across the globe. Vehicle production in the region was expected to grow by 5.9% in 2022 from 47.9 million units in 2021.
  • In 2020, many countries, including China, India, Malaysia, Japan, and Indonesia, were impacted by the COVID-19 pandemic. The consumption of automotive adhesives and sealants declined by nearly 13.3% compared to 2019 due to the shutdown of production facilities, the closing of international borders, and raw material shortages in several countries.
  • Asia-Pacific is a growing region in the production of adhesives and sealants, of which China is the largest producer of automotive adhesives and sealants owing to the high-quality production facilities in the country. China has over 100 adhesives and sealants manufacturers supplying products worldwide. India is also a leading producer of vehicles, and it was expected to produce 6.1 million units of vehicles in 2022, which is 6.5% more than in 2021.
  • The production of electric vehicles is increasing in the region due to the policies implemented by many countries to promote electric vehicles. China and India are the growing markets for electric vehicles. These factors are expected to drive the demand for automotive adhesives and sealants in the forecast period. For instance, electric vehicle production in China amounted to 1.11 million units in 2021, an increase of 1.05% more than in 2020.

Asia-Pacific Automotive Adhesives & Sealants Market Trends

Increasing adoption of electric vehicles to drive the industry

  • The Asia-Pacific automotive industry is one of the leading industries in the market, as the sales of automotive vehicles are largely increasing. Among all the countries, China is the largest automotive producer, accounting for about 57% of the regional production, followed by Japan with 17%, India with 10%, and South Korea with 8%.  
  • Vehicle sales in the region have majorly declined along with production, owing to which the utilization of adhesives has been impacted. While the Y-o-Y variation in 2017-18 was -1.8%, it fell further by -6.4% in 2018-19. In 2019-20, regional production was again impacted negatively and recorded a -10.2% decline from the previous year due to the COVID-19 pandemic. The shutdown of manufacturing facilities and the shortage of vehicle components due to disruptions in the supply chain constrained the production level. However, in 2021, the demand for automobiles rose again and is expected to continue, thereby increasing the utilization of adhesives across the region over the forecast period.
  • The EV market in Asia-Pacific offers another opportunity for the adhesives market to grow. The rising production and adoption of EVs and hybrid vehicles are boosting the usage of adhesives for electronic component assembly in vehicles. China is the largest producer of EVs globally as well as across the region. From 2016 to 2021, the volume of commercial electric vehicles increased from 562,603 to 1,116,382 units, recording a growth rate of about 98%. These factors are expected to increase the demand for adhesives and result in the higher market growth over the forecast period.
Asia-Pacific Automotive Adhesives & Sealants Market

Asia-Pacific Automotive Adhesives & Sealants Industry Overview

The Asia-Pacific Automotive Adhesives & Sealants Market is fragmented, with the top five companies occupying 13.25%. The major players in this market are 3M, Henkel AG & Co. KGaA, Hubei Huitian New Materials Co. Ltd, Huntsman International LLC and Sika AG (sorted alphabetically).

Asia-Pacific Automotive Adhesives & Sealants Market Leaders

  1. 3M

  2. Henkel AG & Co. KGaA

  3. Hubei Huitian New Materials Co. Ltd

  4. Huntsman International LLC

  5. Sika AG

Asia-Pacific Automotive Adhesives & Sealants Market Concentration

Other important companies include Arkema Group, Dow, H.B. Fuller Company, SHINSUNG PETROCHEMICAL, ThreeBond Holdings Co., Ltd..

*Disclaimer: Major Players sorted in alphabetical order.

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Asia-Pacific Automotive Adhesives & Sealants Market News

  • December 2021: Sika planned to establish a new technology center and manufacturing factory for high-quality adhesives and sealants in Pune, India. The company primarily manufactures products for the transportation and construction industries through its three new production lines.
  • May 2021: Henkel announced an investment of EUR 60 million to construct a new innovation center for its Adhesive Technologies unit in Shanghai to strengthen its footprint in China.
  • April 2021: Sika AG signed an agreement to acquire The Yokohama Rubber Co. Ltd's adhesives division, Hamatite, based in Japan. Hamatite offers polyurethanes, hot melts, and modified silicones technology adhesives and sealants for the automotive and construction industries.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.

Asia-Pacific Automotive Adhesives & Sealants Market
Asia-Pacific Automotive Adhesives & Sealants Market
Asia-Pacific Automotive Adhesives & Sealants Market
Asia-Pacific Automotive Adhesives & Sealants Market

Asia-Pacific Automotive Adhesives & Sealants Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Automotive

    2. 2.2. Regulatory Framework

      1. 2.2.1. Australia

      2. 2.2.2. China

      3. 2.2.3. India

      4. 2.2.4. Indonesia

      5. 2.2.5. Japan

      6. 2.2.6. Malaysia

      7. 2.2.7. Singapore

      8. 2.2.8. South Korea

      9. 2.2.9. Thailand

    3. 2.3. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 3.1. Resin

      1. 3.1.1. Acrylic

      2. 3.1.2. Cyanoacrylate

      3. 3.1.3. Epoxy

      4. 3.1.4. Polyurethane

      5. 3.1.5. Silicone

      6. 3.1.6. VAE/EVA

      7. 3.1.7. Other Resins

    2. 3.2. Technology

      1. 3.2.1. Hot Melt

      2. 3.2.2. Reactive

      3. 3.2.3. Sealants

      4. 3.2.4. Solvent-borne

      5. 3.2.5. UV Cured Adhesives

      6. 3.2.6. Water-borne

    3. 3.3. Country

      1. 3.3.1. Australia

      2. 3.3.2. China

      3. 3.3.3. India

      4. 3.3.4. Indonesia

      5. 3.3.5. Japan

      6. 3.3.6. Malaysia

      7. 3.3.7. Singapore

      8. 3.3.8. South Korea

      9. 3.3.9. Thailand

      10. 3.3.10. Rest of Asia-Pacific

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. 3M

      2. 4.4.2. Arkema Group

      3. 4.4.3. Dow

      4. 4.4.4. H.B. Fuller Company

      5. 4.4.5. Henkel AG & Co. KGaA

      6. 4.4.6. Hubei Huitian New Materials Co. Ltd

      7. 4.4.7. Huntsman International LLC

      8. 4.4.8. SHINSUNG PETROCHEMICAL

      9. 4.4.9. Sika AG

      10. 4.4.10. ThreeBond Holdings Co., Ltd.

  7. 5. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Adhesives and Sealants Industry Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Drivers, Restraints, and Opportunities

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, ASIA-PACIFIC, 2017-2028
  1. Figure 2:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 3:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 4:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 5:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 6:  
  2. VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 7:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY RESIN, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 8:  
  2. VOLUME OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 9:  
  2. VALUE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 10:  
  2. VALUE SHARE OF AUTOMOTIVE ACRYLIC ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 11:  
  2. VOLUME OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 12:  
  2. VALUE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 13:  
  2. VALUE SHARE OF AUTOMOTIVE CYANOACRYLATE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 14:  
  2. VOLUME OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 15:  
  2. VALUE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 16:  
  2. VALUE SHARE OF AUTOMOTIVE EPOXY ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 17:  
  2. VOLUME OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 18:  
  2. VALUE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 19:  
  2. VALUE SHARE OF AUTOMOTIVE POLYURETHANE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 20:  
  2. VOLUME OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 21:  
  2. VALUE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 22:  
  2. VALUE SHARE OF AUTOMOTIVE SILICONE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 23:  
  2. VOLUME OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 24:  
  2. VALUE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 25:  
  2. VALUE SHARE OF AUTOMOTIVE VAE/EVA ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 26:  
  2. VOLUME OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 27:  
  2. VALUE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 28:  
  2. VALUE SHARE OF AUTOMOTIVE OTHER RESINS ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 29:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 30:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 31:  
  2. VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 32:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY TECHNOLOGY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 33:  
  2. VOLUME OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 34:  
  2. VALUE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 35:  
  2. VALUE SHARE OF AUTOMOTIVE HOT MELT ADHESIVES CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 36:  
  2. VOLUME OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 37:  
  2. VALUE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 38:  
  2. VALUE SHARE OF AUTOMOTIVE REACTIVE ADHESIVES CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 39:  
  2. VOLUME OF AUTOMOTIVE SEALANTS CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 40:  
  2. VALUE OF AUTOMOTIVE SEALANTS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 41:  
  2. VALUE SHARE OF AUTOMOTIVE SEALANTS CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 42:  
  2. VOLUME OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 43:  
  2. VALUE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 44:  
  2. VALUE SHARE OF AUTOMOTIVE SOLVENT-BORNE ADHESIVES CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 45:  
  2. VOLUME OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 46:  
  2. VALUE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 47:  
  2. VALUE SHARE OF AUTOMOTIVE UV CURED ADHESIVES ADHESIVES CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 48:  
  2. VOLUME OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 49:  
  2. VALUE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 50:  
  2. VALUE SHARE OF AUTOMOTIVE WATER-BORNE ADHESIVES CONSUMED BY RESIN, %, ASIA-PACIFIC, 2021 VS 2028
  1. Figure 51:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
  1. Figure 52:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2028
  1. Figure 53:  
  2. VOLUME SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 54:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
  1. Figure 55:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, AUSTRALIA, 2017 - 2028
  1. Figure 56:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, AUSTRALIA, 2017 - 2028
  1. Figure 57:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, AUSTRALIA, 2021 VS 2028
  1. Figure 58:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, CHINA, 2017 - 2028
  1. Figure 59:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, CHINA, 2017 - 2028
  1. Figure 60:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, CHINA, 2021 VS 2028
  1. Figure 61:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, INDIA, 2017 - 2028
  1. Figure 62:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, INDIA, 2017 - 2028
  1. Figure 63:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, INDIA, 2021 VS 2028
  1. Figure 64:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, INDONESIA, 2017 - 2028
  1. Figure 65:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, INDONESIA, 2017 - 2028
  1. Figure 66:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, INDONESIA, 2021 VS 2028
  1. Figure 67:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, JAPAN, 2017 - 2028
  1. Figure 68:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, JAPAN, 2017 - 2028
  1. Figure 69:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, JAPAN, 2021 VS 2028
  1. Figure 70:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
  1. Figure 71:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, MALAYSIA, 2017 - 2028
  1. Figure 72:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, MALAYSIA, 2021 VS 2028
  1. Figure 73:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SINGAPORE, 2017 - 2028
  1. Figure 74:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SINGAPORE, 2017 - 2028
  1. Figure 75:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SINGAPORE, 2021 VS 2028
  1. Figure 76:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 77:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 78:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 79:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, THAILAND, 2017 - 2028
  1. Figure 80:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, THAILAND, 2017 - 2028
  1. Figure 81:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, THAILAND, 2021 VS 2028
  1. Figure 82:  
  2. VOLUME OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, KILOGRAM, REST OF ASIA-PACIFIC, 2017 - 2028
  1. Figure 83:  
  2. VALUE OF AUTOMOTIVE ADHESIVES AND SEALANTS CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2028
  1. Figure 84:  
  2. VALUE SHARE OF AUTOMOTIVE ADHESIVES CONSUMED BY TECHNOLOGY, %, REST OF ASIA-PACIFIC, 2021 VS 2028
  1. Figure 85:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, ASIA-PACIFIC, 2019 - 2021
  1. Figure 86:  
  2. MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2019 - 2021
  1. Figure 87:  
  2. REVENUE SHARE OF AUTOMOTIVE ADHESIVES AND SEALANTS BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2021

Asia-Pacific Automotive Adhesives & Sealants Industry Segmentation

Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Australia, China, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand are covered as segments by Country.

  • Across the Asia-Pacific automotive adhesives and sealants market, polyurethane resins account for the largest share. The scope of polyurethane adhesive in North America is higher than other resins since the region includes many production facilities. From 2017 to 2019, the consumption growth rate declined by about -5% due to a reduction in automotive production. After the COVID-19 pandemic, the consumption growth rate rose by 10% Y-o-Y. Polyurethane adhesives are expected to record a CAGR of 4.5% during the forecast period 2022 to 2028.
  • Epoxy and acrylic adhesives also have a significant presence in the Asia-Pacific automotive adhesives market. However, for epoxy, the upcoming year could be a great challenge as the raw materials used to produce epoxy adhesives are hazardous in nature and, thus, are getting regulated by government bodies in the region, such as AICS, PICCS, IECSC, and NZIoC. Epoxy adhesive is the second-largest consumed material and is expected to record a CAGR of about 4.2% during the forecast period 2022-2028. The epoxy adhesives segment is followed by the acrylic adhesives segment, which is expected to record a CAGR of about 4.5% during the forecast period 2022-2028.
  • Adhesives such as cyanoacrylate and silicone sealants are on a growing trend. The adoption of sustainability in the automotive industry is increasing significantly, and EV production is increasing to a large extent. As a result, the usage of these adhesives for electronic component assembly in automobiles is increasing, which, as a result, may lead to increased demand over the coming years. Cyanoacrylate and silicone adhesives are expected to record CAGRs of above 3.41% and 4.05%, respectively, in terms of volume during the forecast period 2022-2028.
Resin
Acrylic
Cyanoacrylate
Epoxy
Polyurethane
Silicone
VAE/EVA
Other Resins
Technology
Hot Melt
Reactive
Sealants
Solvent-borne
UV Cured Adhesives
Water-borne
Country
Australia
China
India
Indonesia
Japan
Malaysia
Singapore
South Korea
Thailand
Rest of Asia-Pacific
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Market Definition

  • End-user Industry - In the automotive industry, both the OEM and after market adhesive and sealants applications are considered under the scope.
  • Product - All adhesive and sealant products used in automotive industry are considered in the market studied
  • Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Cyanoacrylate, VAE/EVA, and Silicone are considered
  • Technology - For the purpose of this study, Water-borne, Solvent-borne, Reactive, Hot Melt, UV Cured Adhesives, and Sealants technologies are taken into consideration.
Keyword Definition
Hot-melt Adhesive Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed.
Reactive Adhesive A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Solvent-borne Adhesive Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers).
Water-borne Adhesive Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent.
UV Cured Adhesive UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives.
Heat-resistant Adhesive Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage.
Reshoring Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this.
Oleochemicals Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats.
Nonporous Materials Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow.
EU-Vietnam Free Trade Agreement A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019.
VOC content Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants.
Emulsion Polymerization Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product.
2025 National Packaging Targets In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025.
Russian Government’s Import Substitution Policy The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015.
Paper Substrate Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered.
Insulation Material A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils.
Thermal Shock A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Asia-Pacific Automotive Adhesives & Sealants Market Research FAQs

The Asia-Pacific Automotive Adhesives & Sealants Market size is expected to reach USD 4.41 billion in 2024 and grow at a CAGR of 6.99% to reach USD 5.78 billion by 2028.

In 2024, the Asia-Pacific Automotive Adhesives & Sealants Market size is expected to reach USD 4.41 billion.

3M, Henkel AG & Co. KGaA, Hubei Huitian New Materials Co. Ltd, Huntsman International LLC and Sika AG are the major companies operating in the Asia-Pacific Automotive Adhesives & Sealants Market.

In the Asia-Pacific Automotive Adhesives & Sealants Market, the Polyurethane segment accounts for the largest share by resin.

In 2024, China accounts for the largest share by country in the Asia-Pacific Automotive Adhesives & Sealants Market.

In 2023, the Asia-Pacific Automotive Adhesives & Sealants Market size was estimated at 4.41 billion. The report covers the Asia-Pacific Automotive Adhesives & Sealants Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Automotive Adhesives & Sealants Market size for years: 2024, 2025, 2026, 2027 and 2028.

Asia-Pacific Automotive Adhesives & Sealants Industry Report

Statistics for the 2023 Asia-Pacific Automotive Adhesives & Sealants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Automotive Adhesives & Sealants analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia-Pacific Automotive Adhesives & Sealants Market Report Snapshots

Asia-Pacific Automotive Adhesives & Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028