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Automotive Coatings, Adhesives, and Sealants (CAS) Market - Global Industry Size, Share, Trends Analysis

Posted By ASC, Wednesday, September 9, 2015

Automotive sealants, coatings, and adhesives enhance the aesthetic and performance of vehicles. Adhesive and sealants bond dissimilar materials, distribute stress, reduce cabin noise, protect from weather, prevent UV damage, block dust and debris, and prevent passage of liquids or gasses. The market share of automotive adhesives and sealants is rapidly growing. Based on application, the automotive coatings, adhesives, and sealants market can be placed in four categories: exterior, interior, under-the-hood, and other applications. Exterior applications are currently the largest segment, followed by interior applications. Adhesives and sealants are used in light, medium and heavy-duty vehicles, with light vehicles leading the market in both OEM and aftermarket end-user applications. Geographically, North America and Asia Pacific are the leading markets, with light commercial vehicle production of 9,864,262 units and 5,037,972 units respectively. 

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