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Markets & companies

Automotive adhesives market revenues in Germany expected to grow

Thursday, 22 August 2013

Germany’s automotive industry is one of the largest emitters of carbon dioxide, resulting in environmental degradation due to which new norms are being framed by Government to control the carbon emission levels. The noncompliance of these regulations attracts high carbon taxes. In order to reduce the CO2 emissions, automotive manufactures are developing ways to improve fuel efficiency of the vehicles. One of the ways includes usage of composite materials or lightweight materials to reduce the weight of vehicle which will ultimately improve the fuel efficiency. The deployment of alternative / composite materials requires usage of adhesives.

In 2012, the average weight of a passenger car was around 3,500 pounds and during the same period an average vehicle utilized 33 pounds of adhesives. The need to further reduce weight of the vehicles will contribute to additional volume application of automotive adhesives.
TechSci Research in their latest research report "Germany Automotive Adhesives Market Forecast and Opportunities, 2018", has forecasted that the automotive adhesives market revenues in Germany are expected to grow at the CAGR of 6% till 2018.

TechSci Research in their latest research report "Germany Automotive Adhesives Market Forecast and Opportunities, 2018", has forecasted that the automotive adhesives market revenues in Germany are expected to grow at the CAGR of 6% till 2018. Source: Bergk
TechSci Research in their latest research report "Germany Automotive Adhesives Market Forecast and Opportunities, 2018", has forecasted t...
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For more information on this report click on the link below:
http://www.techsciresearch.com/2290

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