Electric Vehicle Adhesives Market size was valued at USD 2.5 Billion in 2024 and is projected to reach USD 6.8 Billion by 2033, exhibiting a CAGR of 12.1% from 2026 to 2033.
The global Electric Vehicle (EV) adhesives market was valued at approximately USD 1.35 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2030. The increasing adoption of electric vehicles, along with the need for lightweight materials to improve vehicle efficiency, has significantly contributed to the growing demand for specialized adhesives. The market is expected to reach around USD 5.89 billion by 2030, driven by advancements in EV design and battery technologies. The rising focus on sustainability and stringent regulations related to automotive emissions are also key factors fueling market growth. Regionally, North America and Europe are leading the market due to the strong presence of major automakers, government incentives for EV adoption, and the increasing number of EV production facilities. The North American market is expected to grow at a robust CAGR of 13.8%, while Europe is projected to maintain a steady growth rate due to the EUs stringent emission norms and electric mobility policies. Asia Pacific, particularly China, holds a significant share of the EV adhesives market due to its dominance in EV manufacturing, with the region anticipated to grow at the highest CAGR of 15.5% during the forecast period. The growing number of EV manufacturers in these regions presents substantial opportunities for market expansion.
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Henkel
H.B. Fuller
Sika AG
3M
Dow
Dupont
Wacker Chemie
Bostik S.A. (Arkema)
Lord Corporation
L&L Products
Jowat Se
Ashland
PPG
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 Electric Vehicle Adhesives Market
Structural Adhesives
Sealants
Conductive Adhesives
Potting Compounds
Thermal Interface Materials
Epoxy Resins
Polyurethane Resins
Acrylic Resins
Silicone Resins
Polyimide Resins
Batteries
Electric Motors
Power Electronics
Charging Stations
Body Panels
Automotive
Aerospace
Consumer Electronics
Industrial Applications
Renewable Energy
Heat-Cured
Room Temperature-Cured
UV-Cured
Moisture-Cured
Dual-Cured
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 Electric Vehicle Adhesives 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 Electric Vehicle Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Vehicle Adhesives Market, By Type
6. Global Electric Vehicle Adhesives Market, By Application
7. Global Electric Vehicle Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electric Vehicle Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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