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Germany Automotive Adhesives and Sealants Market Insights, Potential Business Strategies, Mergers and Acquisitions, Reve

Over the recent years, Germany is one of the emerging market for electric vehicles in the world as large number of owners of electric vehicles are opting for environment friendly mobility solutions. The government of Germany, under its national plan to achieve 1 million electric cars on German roads by 2020, offers various tax incentives to car manufacturers in order to bring down the overall prices of electric vehicles. The rising production of electric vehicles offers growth opportunities for Germany automotive adhesives and sealants market.

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Germany Automotive Adhesives and Sealants Market Insights, Potential Business Strategies, Mergers and Acquisitions, Reve

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  1. Chemicals & Materials Germany Automotive Adhesives and Sealants Market Insights, Potential Business Strategies, Mergers and Acquisitions, Revenue Analysis © P&S Intelligence. All rights reserved 1

  2. The market growth is mainly driven by the expanding domestic demand as well as exports for German automobiles such as passenger cars and commercial vehicles. Automotive adhesives and sealants are the substances that are used for various bonding and sealing applications in the automotive industry. These materials are chemically similar but functionally different. They help in improving driving comfort, performance, reliability, and safety of vehicles. Get a free sample copy of this report @ https://www.psmarketresearch.com/market-analysis/germany-automotive- adhesives-and-sealants-market/report-sample Germany is the one of the largest automotive manufacturers in the world. In Europe, it is the leading automotive market, accounting for significant proportion of total sales of passenger cars in the region. The German made cars have large international market, which results in high exports of automobiles from the country. Besides this, the country has a growing production base for electric © P&S Intelligence. All rights reserved 2

  3. vehicles, which has emerged as a growing automotive segment in the recent years. With the rising production base of German automobiles, the Germany automotive adhesives and sealants market is expected to rise during the forecast period. Over the recent years, Germany is one of the emerging market for electric vehicles in the world as large number of owners of electric vehicles are opting for environment friendly mobility solutions. The government of Germany, under its national plan to achieve 1 million electric cars on German roads by 2020, offers various tax incentives to car manufacturers in order to bring down the overall prices of electric vehicles. The rising production of electric vehicles offers growth opportunities for Germany automotive adhesives and sealants market. On the basis of type, epoxy was the most widely consumed adhesive and sealant in German automotive industry. Epoxy-based adhesives and sealants offer excellent properties such as higher strength bonds, resistance to chemicals, shock, and impact. Such favorable properties are attributing to the largest share of the category in the Germany automotive adhesives and sealants market. Some of the major players operating in the Germany automotive adhesives and sealants market are Henkel AG & Co. KGaA, DowDuPont Inc., Sika AG, 3M Company, H.B. Fuller Company, and tesa SE. © P&S Intelligence. All rights reserved 3

  4. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved 4

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