Electric Vehicle Adhesives Market Growth Factors, and Regional Outlook To 2030

Electric Vehicle Adhesives Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the worldwide Electric Vehicle Adhesives Market was worth?US$ 531.6 Mn?and is expected to grow at a CAGR of?32.5%?over the forecast period. The market is expected to hit?US$ 5,050.1 Mn?by 2030 end.

Electric vehicle adhesives are liquid adhesives applied between two substrates to form a solid material that bonds those substrates together through a chemical or physical change. These liquid adhesives are used in various applications in electric vehicles, including interiors, exteriors, and electric batteries.

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What are the opportunities in the Electric Vehicle Adhesives business?

The global market is expected to expand rapidly as end-user demand for technological advancements increases. Furthermore, increased investments in R&D activities, launches, partnerships, and other strategic initiatives will benefit the market. Moreover, the government’s increasing emphasis on urbanization and industrialization is expected to drive market growth.

Self-parking, driverless, or robotic electric vehicles are autonomous electric vehicles. The development and commercialization of self-driving electric vehicles will soon increase the demand for Electric Vehicles adhesives. These will open doors for Electric Vehicle adhesive manufacturers.

A list of some of the critical suppliers present in the market are:

• Henkel
• Sika AG
• B. Fuller
• 3M
• Ashland
• Lord Corporation
• Bostik
• Jowat SE
• Parker Hannifin Corp
• PPG Industries
• Permabond
• Wacker Chemie AG
• L&L Products
• KGaA
• DuPont de Nemours, Inc.
• Arkema S.A
• Avery Dennison Corporation
• Evonik Industries AG
• Illinois Tool Works Inc.
• Dymax Corporation

Market Segments Covered in Report

By Resin:

• Epoxy
• Silicone
• Acrylic
• Polyurethane
• Cyanoacrylate
• Others

By Form:

• Liquid
• Tapes & Films
• Others

By Applications:

• Powertrain
• Exterior
• Interior

By Vehicle type:

• Electric Car
• Electric Bus
• Electric Bike
• Electric Truck

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

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Electric vehicle adhesives refer to liquid adhesive which is applied between two substrates to develop a solid material which bonds those substrates together by a chemical or physical change. Such liquid adhesives are being used in electric vehicles for a range of applications such as interiors, exterior, and electric batteries. The global electric vehicle adhesives market is being driven by growing consumer preference for electric vehicles supported by government incentives and requirement for lightweight, crashworthiness, and safety, thus increasing the use of adhesives.

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