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Vehicle manufacturers are improving fuel economy while reducing emissions by lightening the overall weight through material replacement. Using thermoplastics and adhesives instead of traditional screws and metals create less weight.

Ushering growth in the 2020s, legacy players in the adhesives and sealants market are striving to cater to the demands of transportation companies. Traction for adhesives and sealants among manufacturers of cars, buses, trucks, and caravans/recreational vehicles (RVs) has surged in the past several years.

The technologies of today make it almost impossible to discuss the transportation industry without also bringing electronics into the conversation. Various sensors and other devices monitor or facilitate the operation of nearly every aspect of a vehicle’s operation, in one way or another.

Transportation electronics in both battery electric vehicles (BEVs) and autonomous vehicles regulate crucial on-board domains such as drive control units, safety systems, proximity sensors, and connectivity controllers. The electronics in these increasingly sophisticated computers are susceptible to corrosion failures from exposure to water and salt during vehicle operation that can result in performance problems, loss of function, and expensive repairs.

In terms of value, the global ultraviolet (UV) adhesives market is anticipated to expand at a CAGR of around 8% from 2020-2030 and reach approximately $900 million by 2030.