Light Commercial Vehicle (LCV) Adhesives Market

By Resin Type;

Polyurethane, Epoxy, Acrylics, Silicon, Silyl-Terminated Polethers (STP) and Polyamide

By Vehicle Type;

Light Commercial Vehicles (LCVs), Passenger Cars, Trucks, Buses and Aftermarket

By Technology;

Hot Melt, Solvent-Based, Water-Based and Pressure Sensitive

By Application;

Body-In-White (BIW), Powertrain, Paint Shop, Assembly and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn943734214 Published Date: September, 2025 Updated Date: October, 2025

Light Commercial Vehicle (LCV) Adhesives Market Overview

Light Commercial Vehicle (LCV) Adhesives Market (USD Million

Light Commercial Vehicle (LCV) Adhesives Market was valued at USD 2136.47 million in the year 2024. The size of this market is expected to increase to USD 3212.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Light Commercial Vehicle (LCV) Adhesives Market

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 2136.47 Million
Market Size (2031)USD 3212.46 Million
Market ConcentrationMedium
Report Pages394
2136.47
2024
3212.46
2031

Major Players

  • Henkel & Co
  • KGaA
  • Bostik S.A
  • DOW Chemical
  • Sika AG
  • H.B. Fuller
  • PPG Industries,
  • Illinois Tool Works Corp
  • Jowat AG.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Light Commercial Vehicle (LCV) Adhesives Market

Fragmented - Highly competitive market without dominant players


The Light Commercial Vehicle (LCV) Adhesives Market is evolving rapidly as automakers embrace advanced bonding technologies for performance, safety, and sustainability. Adhesives are increasingly replacing traditional fastening methods, with nearly 45% of LCV producers now relying on them as primary bonding solutions, signaling a fundamental shift in design and assembly.

Enhanced Safety and Durability
Adhesives provide superior bonding strength, improving crash resistance, vibration control, and overall durability. Over 40% of modern LCV designs incorporate adhesives to improve passenger protection and extend operational life, reinforcing their role in critical applications across vehicle structures.

Technological Advancements Driving Adoption
The rise of fast-curing, heat-resistant, and eco-friendly adhesives has accelerated their market presence. Nearly 55% of new adhesive applications in LCVs use high-performance formulations, enabling improved functionality across interiors, exteriors, and key structural assemblies.

Future Growth Outlook
Growing emphasis on sustainability, safety, and efficiency is expected to strengthen market adoption further. Close to 60% of manufacturers intend to expand adhesive integration in new models, pointing to a dynamic growth trajectory. Ongoing R&D will shape the future of bonding solutions in the LCV industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Light Commercial Vehicle Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Vehicle Production and Sales
        2. Advancements in Adhesive Technologies
        3. Rising Adoption of Electric Vehicles (EVs)
        4. Stringent Emission and Safety Regulations
      2. Restraints
        1. Availability of Substitutes
        2. Complex Regulatory Compliance
        3. Variability in Adhesive Performance Under Different Conditions
        4. Lack of Standardization Across Markets
      3. Opportunities
        1. Growth in Automotive Aftermarket
        2. Development of Eco-Friendly Adhesives
        3. Expansion in Emerging Automotive Markets
        4. Integration with Advanced Manufacturing Processes
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Light Commercial Vehicle (LCV) Adhesives Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Polyurethane
      2. Epoxy
      3. Acrylics
      4. Silicon
      5. Silyl-Terminated Polethers (STP)
      6. Polyamide
    2. Light Commercial Vehicle (LCV) Adhesives Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Light Commercial Vehicles (LCVs)
      2. Passenger Cars
      3. Trucks
      4. Buses
      5. Aftermarket
    3. Light Commercial Vehicle (LCV) Adhesives Market, By Technology, 2021 - 2031 (USD Million)
      1. Hot Melt
      2. Solvent-Based
      3. Water-Based
      4. Pressure Sensitive
    4. Light Commercial Vehicle (LCV) Adhesives Market, By Application, 2021 - 2031 (USD Million)
      1. Body-In-White (BIW)
      2. Powertrain
      3. Paint Shop
      4. Assembly
      5. Others
    5. Light Commercial Vehicle Adhesives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Henkel (Loctite, Teroson)
      2. 3M Company
      3. Sika AG (Sika Automotive)
      4. H.B. Fuller Company
      5. Arkema (Bostik)
      6. Dow (Automotive & Mobility)
      7. DuPont (BETASEAL, BETAMATE, etc.)
      8. Huntsman Advanced Materials (Araldite)
      9. Parker LORD (LORD Adhesives)
      10. Wacker Chemie AG
      11. Momentive Performance Materials
      12. BASF (automotive bonding solutions)
      13. PPG Industries (automotive adhesives & sealants)
      14. Jowat SE
      15. Soudal Group
  7. Analyst Views
  8. Future Outlook of the Market