TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xi
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Overview 5
Demographic Outlook 8
Personal Consumption Spending 11
Motor Vehicle Industry Overview 13
Motor Vehicle Outlook 15
Motor Vehicle Suppliers 18
Motor Vehicle Industry Research & Development Trends 21
Collision/Accident Trends 23
Competitive Technologies 24
Joining Technologies 24
Coating Technologies 27
Gasket Technologies 28
Environmental & Regulatory Considerations 31
The Environmental Protection Agency 31
The Occupational Safety & Health Administration 34
III. OVERVIEW 35
General 35
Demand by Product 36
Historical Market Trends 38
Pricing Trends 41
International Activity 43
World Automotive Coatings, Adhesives & Sealants 45
Demand by Market 46
Global Suppliers 48
IV. AUTOMOTIVE COATINGS 51
General 51
Formulations & Substrates 52
Solvent-Based 54
Water-Based 55
Other 57
Powder Coatings 58
Electrodeposition Coatings 59
Radiation-Cured Coatings 61
Types 62
Urethane 64
Acrylic 65
Epoxy 67
Other 69
Markets & Applications 71
OEM 73
Exterior 75
Other OEM 80
Light Vehicles 81
Medium- & Heavy-Duty Vehicles 83
Aftermarket 84
Light Vehicles 88
Medium- & Heavy-Duty Vehicles 89
Suppliers 90
OEM 91
Aftermarket 94
V. AUTOMOTIVE ADHESIVES 98
General 98
Formulations 99
Solvent-Based 101
Water-Based 102
Other 102
Hot Melts 102
Radiation-Cured 104
Functions 104
Types 106
Urethane 109
Epoxy 110
Acrylic 112
Other 113
Markets & Applications 116
OEM 118
Light Vehicles 120
Medium- & Heavy-Duty Vehicles 121
Aftermarket 122
Light Vehicles 125
Medium- & Heavy-Duty Vehicles 126
Suppliers 127
OEM 128
Aftermarket 129
VI. AUTOMOTIVE SEALANTS 130
General 130
Formulations 132
Water-Based 133
Solvent-Based 134
Other 134
Types 135
Synthetic Elastomers 137
Urethane 138
Silicone 140
Other 142
Markets & Applications 143
OEM 145
Light Vehicles 148
Medium- & Heavy-Duty Vehicles 149
Aftermarket 150
Light Vehicles 152
Medium- & Heavy-Duty Vehicles 154
Suppliers 155
OEM 156
Aftermarket 158
VII. APPLICATIONS 160
General 160
Exterior 163
Coating Applications 164
Adhesive & Sealant Applications 166
Interior 168
Under-the-Hood 170
Other 172
VIII. MARKETS 174
General 174
OEM 177
Light Vehicles 179
Automobiles 181
Light Trucks & Vans 182
Medium- & Heavy-Duty Vehicles 184
Aftermarket 186
Light Vehicles 190
Medium- & Heavy-Duty Vehicles 191
IX. INDUSTRY STRUCTURE 193
General 193
Market Share 195
Coatings 200
Adhesives & Sealants 201
Competitive Strategies 202
Acquisitions & Divestitures 204
Cooperative Agreements 206
Marketing 208
Distribution 211
Manufacturing 212
Research & Development 213
Company Profiles 215
ADCO Global Incorporated 216
Akzo Nobel NV 218
Arkema SA 220
Ashland Incorporated 221
BASF SE 223
Bayer AG 225
Bemis Associates Incorporated 227
Bostik, see Total
Cook Composites and Polymers, see Total
Cytec Industries Incorporated 228
Dow Chemical Company 231
Dow Corning Corporation 233
DuPont (EI) de Nemours 234
Dyneon, see 3M
EFTEC, see EMS-Chemie Holding
EMS-Chemie Holding AG 239
FinishMaster Incorporated 240
Forbo Holding AG 242
Fujikura Kasei Company Limited 243
Henkel AG & Company KGaA 246
Huntsman Corporation 249
Illinois Tool Works Incorporated 251
ITW TACC, see Illinois Tool Works
LORD Corporation 254
MAACO Enterprises Incorporated 257
Momentive Performance Materials Holdings LLC 258
Nippon Paint Company Limited 260
Nitto Denko Corporation 262
NOF Corporation 265
Permatex, see Illinois Tool Works
PPG Industries Incorporated 267
Radiator Specialty Company 270
Red Spot Paint & Varnish, see Fujikura Kasei
Reichhold Incorporated 271
RPM International Incorporated 272
Rust-Oleum, see RPM International
Sartomer, see Total
Sherwin-Williams Company 274
TCI, see RPM International
3M Company 276
Total SA 279
Transtar Industries Incorporated 282
US Paint Corporation 284
Valspar Corporation 285
Wacker Chemie AG 288
Other Companies in the Industry 291
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 8
2 Population & Households 11
3 Personal Consumption Expenditures 13
4 Motor Vehicle & Parts Shipments 14
5 Motor Vehicle Indicators 17
6 Selected VOC Content Standards for Automotive Refinish
Coatings 34
SECTION III -- OVERVIEW
1 Automotive Coating, Adhesive & Sealant Demand by Product 38
2 Automotive Coating, Adhesive & Sealant Market, 1999-2009 40
3 Pricing for Automotive Coatings, Adhesives & Sealants 42
4 World Motor Vehicle Production 45
SECTION IV -- AUTOMOTIVE COATINGS
1 Automotive Coating Demand 52
2 Automotive Coating Demand by Formulation & Substrate 54
3 Automotive Coating Demand by Type 63
4 Urethane Automotive Coating Demand 65
5 Acrylic Automotive Coating Demand 67
6 Epoxy Automotive Coating Demand 69
7 Other Automotive Coating Demand 71
8 Automotive Coating Demand by Market & Application 73
9 Automotive OEM Coating Demand by Vehicle & Application 75
10 Light Vehicle OEM Coating Demand by Vehicle 83
11 Medium- & Heavy-Duty Vehicle OEM Coating Demand 84
12 Automotive Aftermarket Coating Demand by Vehicle
& Application 87
13 Light Vehicle Aftermarket Coating Demand 89
14 Medium- & Heavy-Duty Vehicle Aftermarket Coating Demand 90
SECTION V -- AUTOMOTIVE ADHESIVES
1 Automotive Adhesive Demand 99
2 Automotive Adhesive Demand by Formulation 101
3 Automotive Adhesive Demand by Function 106
4 Automotive Adhesive Demand by Type 108
5 Urethane Automotive Adhesive Demand 110
6 Epoxy Automotive Adhesive Demand 111
7 Acrylic Automotive Adhesive Demand 113
8 Other Automotive Adhesive Demand 115
9 Automotive Adhesive Demand by Market & Application 117
10 Automotive OEM Adhesive Demand by Vehicle
& Application 120
11 Light Vehicle OEM Adhesive Demand by Vehicle 121
12 Medium- & Heavy-Duty Vehicle OEM Adhesive Demand 122
13 Automotive Aftermarket Adhesive Demand by Vehicle
& Application 125
14 Light Vehicle Aftermarket Adhesive Demand 126
15 Medium- & Heavy-Duty Vehicle Aftermarket Adhesive
Demand 127
SECTION VI -- AUTOMOTIVE SEALANTS
1 Automotive Sealant Demand 131
2 Automotive Sealant Demand by Formulation 133
3 Automotive Sealant Demand by Type 136
4 Synthetic Elastomer Automotive Sealant Demand 138
5 Urethane Automotive Sealant Demand 140
6 Silicone Automotive Sealant Demand 141
7 Other Automotive Sealant Demand 143
8 Automotive Sealant Demand by Market & Application 145
9 Automotive OEM Sealant Demand by Vehicle & Application 147
10 Light Vehicle OEM Sealant Demand by Vehicle 149
11 Medium- & Heavy-Duty Vehicle OEM Sealant Demand 150
12 Automotive Aftermarket Sealant Demand by Vehicle
& Application 152
13 Light Vehicle Aftermarket Sealant Demand 154
14 Medium- & Heavy-Duty Vehicle Aftermarket Sealant Demand 155
SECTION VII -- APPLICATIONS
1 Automotive Coating, Adhesive & Sealant Demand
by Application 162
2 Exterior Applications for Automotive Coatings, Adhesives
& Sealants 164
3 Interior Applications for Automotive Coatings, Adhesives
& Sealants 169
4 Under-the-Hood Applications for Automotive Coatings,
Adhesives & Sealants 172
5 Other Applications for Automotive Coatings, Adhesives
& Sealants 173
SECTION VIII -- MARKETS
1 Automotive Coating, Adhesive & Sealant Demand by Market
& Vehicle 176
2 OEM Demand for Automotive Coatings, Adhesives & Sealants
by Product, Vehicle & Application 179
3 OEM Light Vehicle Demand for Automotive Coatings,
Adhesives & Sealants by Product & Vehicle 181
4 OEM Automobile Demand for Automotive Coatings,
Adhesives & Sealants 182
5 OEM Light Truck & Van Demand for Automotive Coatings, Adhesives & Sealants 184
6 OEM Medium- & Heavy-Duty Vehicle Demand
for Automotive Coatings, Adhesives & Sealants 186
7 Aftermarket Demand for Automotive Coatings, Adhesives
& Sealants by Product, Vehicle, Application & Outlet 189
8 Light Vehicle Aftermarket Demand for Automotive Coatings,
Adhesives & Sealants by Product & Vehicle 191
9 Medium- & Heavy-Duty Vehicle Aftermarket Demand
for Automotive Coatings, Adhesives & Sealants 192
SECTION IX -- INDUSTRY STRUCTURE
1 US Automotive Coating, Adhesive & Sealant Sales
by Company, 2009 194
2 Selected Cooperative Agreements 208
LIST OF CHARTS
CHART NUMBER PAGE
SECTION III -- OVERVIEW
1 Automotive Coating, Adhesive & Sealant Demand, 1999-2009 41
SECTION IV -- AUTOMOTIVE COATINGS
1 Automotive Coating Demand by Type, 2009 63
SECTION V -- AUTOMOTIVE ADHESIVES
1 Automotive Adhesive Demand by Type, 2009 108
SECTION VI -- AUTOMOTIVE SEALANTS
1 Automotive Sealant Demand by Type, 2009 137
SECTION VII -- APPLICATIONS
1 Automotive Coating, Adhesive & Sealant Demand
by Application, 2009 162
SECTION IX -- INDUSTRY STRUCTURE
1 US Automotive Coating, Adhesive & Sealant Market Share
by Company, 2009 196
2 US Automotive Coating Market Share, 2009 200
3 US Automotive Adhesive & Sealant Market Share, 2009 201
