Market Overview:
The global electric vehicles adhesive market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles across the globe. In addition, the growing awareness about environment-friendly and fuel-efficient transportation is also propelling the growth of this market. The global electric vehicles adhesive market can be segmented on the basis of type into epoxy, polyurethane, acrylic, MMA, cyanocrylate and others. The polyurethane segment is expected to hold a major share in this market owing to its superior properties such as high thermal resistance and chemical resistance.
Product Definition:
A type of adhesive that is used to attach electric vehicle components, such as the battery, motor and controller. Electric vehicles adhesive is important because it helps to keep these components in place and functioning properly.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon, oxygen and hydrogen. It's most commonly used as an adhesives in electric vehicles (EV) adhesive market on account of its superior properties such as high-temperature resistance, excellent mechanical strength and chemical inertness.
The global epoxy adhesives market was valued at USD 1.8 billion in 2016.
Polyurethane:
Polyurethane (PU) is a polymer, which is widely used in the automotive industry. It has high thermal stability and excellent resistance to chemicals, heat & cold. PU adhesive technology offers various unique properties such as fast curing time and superior bond strength at low temperatures which make it suitable for electric vehicles (EV) adhesive applications.
The global polyurethane market size was valued at USD 7.86 billion in 2016.
Application Insights:
Based on application, the global electric vehicles adhesive market has been segmented into battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), and other applications. The other applications include fuel cell vehicles and hydrogen fuel cell vehicles. The growing demand for cost-effective solutions that help in bonding dissimilar materials is expected to drive product demand in the other application segment over the forecast period.
The growing number of automotive manufacturers focusing on increasing range of BEVs is anticipated to propel market growth over the forecast period. Furthermore, favorable government regulations such as tax credits offered by countries such as China, U.K., Germany and France are expected to boost industry expansion over the coming years.
Battery Electric Vehicle (BEV) accounted for a major share in 2017 owing to increased production of EVs in several countries including China, Japan, South Korea.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share of global electric vehicles adhesive market in 2017. The region is expected to maintain its lead over the forecast period owing to increasing production and sales of electric vehicles in China, Japan, and India. In addition, growing adoption of BEVs across countries such as China and Japan is anticipated to drive demand for battery-operated cars which will further propel industry growth.
North America held a significant share in the industry due to high demand from U.S., where plug-in hybrid electric vehicle (PHEV) sales have increased significantly since 2010s due to government incentives on PHEVs along with rising awareness regarding environmental protection measures taken by manufacturers operating within the region.
Growth Factors:
- Increasing demand for electric vehicles from the automotive sector
- Rising concerns over environmental pollution and global warming
- Government initiatives and subsidies for electric vehicles
- Technological advancements in electric vehicle batteries and charging infrastructure
- Growing consumer awareness about the benefits of electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicles Adhesive Market Research Report
By Type
Epoxy, Polyurethane, Acrylic, MMA, Cyanoacrylate, Others
By Application
Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Others
By Companies
Henkel, Sika AG, H.B. Fuller, 3M, DuPont, Lord Corporation, Ashland, Bostik, Jowat SE, Parker Hannifin Corp, PPG Industries, Permabond, Wacker Chemie AG, L and L Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicles Adhesive Market Report Segments:
The global Electric Vehicles Adhesive market is segmented on the basis of:
Types
Epoxy, Polyurethane, Acrylic, MMA, Cyanoacrylate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- Sika AG
- H.B. Fuller
- 3M
- DuPont
- Lord Corporation
- Ashland
- Bostik
- Jowat SE
- Parker Hannifin Corp
- PPG Industries
- Permabond
- Wacker Chemie AG
- L and L Products
Highlights of The Electric Vehicles Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy
- Polyurethane
- Acrylic
- MMA
- Cyanoacrylate
- Others
- By Application:
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicles Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric vehicles adhesive is a type of electric vehicle sealant that helps to keep the battery and charging system clean. It also helps to protect the paint on the electric vehicle.
Some of the major companies in the electric vehicles adhesive market are Henkel, Sika AG, H.B. Fuller, 3M, DuPont, Lord Corporation, Ashland, Bostik, Jowat SE, Parker Hannifin Corp, PPG Industries, Permabond, Wacker Chemie AG, L and L Products.
The electric vehicles adhesive market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicles Adhesive Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electric Vehicles Adhesive Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Vehicles Adhesive Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electric Vehicles Adhesive Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electric Vehicles Adhesive Market Size & Forecast, 2018-2028 4.5.1 Electric Vehicles Adhesive Market Size and Y-o-Y Growth 4.5.2 Electric Vehicles Adhesive Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicles Adhesive Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Vehicles Adhesive Market Size Forecast by Type
5.2.1 Epoxy
5.2.2 Polyurethane
5.2.3 Acrylic
5.2.4 MMA
5.2.5 Cyanoacrylate
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicles Adhesive Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Vehicles Adhesive Market Size Forecast by Applications
6.2.1 Battery Electric Vehicle (BEV)
6.2.2 Plug-in Hybrid Electric Vehicle (PHEV)
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicles Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Vehicles Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Vehicles Adhesive Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicles Adhesive Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Vehicles Adhesive Market Size Forecast by Type
9.6.1 Epoxy
9.6.2 Polyurethane
9.6.3 Acrylic
9.6.4 MMA
9.6.5 Cyanoacrylate
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Vehicles Adhesive Market Size Forecast by Applications
9.10.1 Battery Electric Vehicle (BEV)
9.10.2 Plug-in Hybrid Electric Vehicle (PHEV)
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Vehicles Adhesive Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicles Adhesive Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Vehicles Adhesive Market Size Forecast by Type
10.6.1 Epoxy
10.6.2 Polyurethane
10.6.3 Acrylic
10.6.4 MMA
10.6.5 Cyanoacrylate
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Vehicles Adhesive Market Size Forecast by Applications
10.10.1 Battery Electric Vehicle (BEV)
10.10.2 Plug-in Hybrid Electric Vehicle (PHEV)
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Vehicles Adhesive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicles Adhesive Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Vehicles Adhesive Market Size Forecast by Type
11.6.1 Epoxy
11.6.2 Polyurethane
11.6.3 Acrylic
11.6.4 MMA
11.6.5 Cyanoacrylate
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Vehicles Adhesive Market Size Forecast by Applications
11.10.1 Battery Electric Vehicle (BEV)
11.10.2 Plug-in Hybrid Electric Vehicle (PHEV)
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Vehicles Adhesive Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicles Adhesive Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Vehicles Adhesive Market Size Forecast by Type
12.6.1 Epoxy
12.6.2 Polyurethane
12.6.3 Acrylic
12.6.4 MMA
12.6.5 Cyanoacrylate
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Vehicles Adhesive Market Size Forecast by Applications
12.10.1 Battery Electric Vehicle (BEV)
12.10.2 Plug-in Hybrid Electric Vehicle (PHEV)
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Vehicles Adhesive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicles Adhesive Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Vehicles Adhesive Market Size Forecast by Type
13.6.1 Epoxy
13.6.2 Polyurethane
13.6.3 Acrylic
13.6.4 MMA
13.6.5 Cyanoacrylate
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Vehicles Adhesive Market Size Forecast by Applications
13.10.1 Battery Electric Vehicle (BEV)
13.10.2 Plug-in Hybrid Electric Vehicle (PHEV)
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Vehicles Adhesive Market: Competitive Dashboard
14.2 Global Electric Vehicles Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 Sika AG
14.3.3 H.B. Fuller
14.3.4 3M
14.3.5 DuPont
14.3.6 Lord Corporation
14.3.7 Ashland
14.3.8 Bostik
14.3.9 Jowat SE
14.3.10 Parker Hannifin Corp
14.3.11 PPG Industries
14.3.12 Permabond
14.3.13 Wacker Chemie AG
14.3.14 L and L Products