Adhesives for New Energy Vehicle Power Battery Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2033 at a CAGR of 12.5% from 2026 to 2033.
The global adhesives for new energy vehicle power battery market was valued at approximately USD 1.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% during the forecast period. The rising adoption of electric vehicles (EVs) is driving the demand for advanced adhesives that ensure robust bonding, thermal management, and vibration resistance in power battery systems. Regions like Asia Pacific accounted for a significant share of the market, with China leading the way due to its large EV manufacturing base and government incentives promoting clean energy transportation. Meanwhile, North America and Europe are witnessing rapid adoption due to stringent environmental regulations and increased investment in electric vehicle infrastructure.
Opportunities abound in the market as technological advancements in adhesive formulations enable lightweight and high performance solutions for power batteries. The market in Europe is anticipated to expand significantly, driven by policies aimed at reducing carbon emissions and achieving sustainable mobility goals. Similarly, the U.S. is expected to experience growth due to rising consumer awareness and demand for electric vehicles. In addition, emerging markets in Latin America and Africa present potential for growth as EV adoption gradually increases. With innovations in adhesives catering to battery efficiency and safety, the industry is poised for further expansion across diverse regions.
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3M
Huntsman
Henkel
H.B. Fuller
Sika
Dow
Arkema
Momentive
BASF
LORD Corporation
Permabond
Master Bond
Panacol
Dymax
Shanghai Huitian New Material
Beijing Comens New Materials
Kangda New Materials
Chengdu Guibao Science&Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Adhesives for New Energy Vehicle Power Battery Market
Cementitious Adhesives
Epoxy Adhesives
Polyurethane Adhesives
Acrylic Adhesives
Silicone Adhesives
Battery Cell Assembly
Battery Pack Assembly
Module Assembly
Thermal Management Solutions
Structural Bonding
Conventional Adhesives
Hybrid Adhesives
Pressure-Sensitive Adhesives
UV-Curable Adhesives
Hot-Melt Adhesives
High Thermal Stability
Electrical Insulating Adhesives
Environmentally Friendly Adhesives
High Bond Strength Adhesives
Low Outgassing Adhesives
Passenger Electric Vehicles
Commercial Electric Vehicles
Two-Wheelers
Electric Buses
Electric Trucks
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Adhesives for New Energy Vehicle Power Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Adhesives for New Energy Vehicle Power Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Adhesives for New Energy Vehicle Power Battery Market, By Type
6. Global Adhesives for New Energy Vehicle Power Battery Market, By Application
7. Global Adhesives for New Energy Vehicle Power Battery Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Adhesives for New Energy Vehicle Power Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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