Key Takeaways

Key players operating in the high performance adhesives are Henkel AG & Co. KGaA, 3M, Avery Dennison Corp., H.B. Fuller, Sika AG, Arkema Group, Huntsman Corp., Pidilite Industries, Bostik (Arkema), Ashland, Den Braven, Anabond Limited, Henkel Adhesives, Resinova Chemie Ltd., Dymax Corporation, Parson Adhesives India Pvt. Ltd., ITW Devcon, and ITW Insulcast.

The growing Rise from the automotive industry has propelled the sales of high performance adhesives Market Share  globally. Manufacturers are increasingly utilizing high strength adhesives for automotive assembly, trimming and other applications to reduce vehicle weight.

Rising environmental awareness and stringent norms pertaining to vehicular emissions have compelled automakers to focus on lightweight construction. This is encouraging adhesive manufacturers to develop stronger yet lightweight formulations suited for the automotive industry. Many companies are also expanding their production capacities and geographical footprint to capitalize on the rising global demand for lightweight vehicles.

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