Report Scope & Overview:

Electric Vehicle Adhesives Market Size was valued at USD 1.6 billion in 2022, and is expected to reach USD 21.04 billion by 2030, and grow at a CAGR of 38% over the forecast period 2023-2030.

The automotive industry is changing course and heading in the direction of a greener future. The promotion of hybrid and electric vehicle development and adoption by local government bodies continues to be a major factor in these processes. As a result, technology for converting vehicles to electricity continues to advance quickly. Due to the likelihood that sealants and electric car adhesives will continue to be at the forefront of the development of these technologies, the market for electric vehicle adhesives is expected to have a promising future. Additionally, it is anticipated that electric vehicle adhesives will be crucial in the manufacture of battery cells, motors, and packs for battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs), among other components.

Electric Vehicle Adhesives Market Revenue Analysis

To get more information on Electric Vehicle Adhesives Market - Request Sample Report

Due to the introduction of strict regulatory requirements, battery technology in the automobile sector is currently following in the footsteps of the consumer electronics sector. Manufacturers of batteries are currently looking for ways to increase the longevity of batteries that must function in extremely hot environments. Electric vehicle adhesives have distinguished themselves as a superb response to these issues in a variety of BEV and HEV powertrain applications.

Market Dynamics:


  • Due to government rules and purchase incentives, automakers are investing in EVs more and more.


  • Electric car up-front costs are high, and there aren't many charging facilities available


  • Potential for autonomous electric car development


  • A lack of uniformity

Impact of Covid-19:

Due to the global shutdown of numerous companies caused by the COVID-19 outbreak, the market for EV adhesives has been seriously impacted. In the first several months of 2020, supply shortages, lockdowns, and production suspensions had an impact on vehicle production in key nations. Due to lockdowns and other measures to stop the virus's spread, there was little demand for new cars in countries where the pandemic had already begun. The European Automobile Manufacturers Association (ACEA) estimates that in 2020, the European automobile market will have lost a total of about 3.6 million automobiles, valued at about USD 120 billion.

Market Segmentation:

By Application

  • Powertrain

  • Exterior

  • Interior

By Resin Type

By Vehicle Type

By Substrate

  • Plastic

  • Composite

  • Metals

  • Others

By Form

  • Liquid

  • Film & Tape

  • Others

Electric Vehicle Adhesives Market Segmentation Analysis

To Get Customized Report as per your Business Requirement - Request For Customized Report

Regional Analysis:

During the projection period, Asia-Pacific is anticipated to have the largest and fastest-growing Electric Vehicle Adhesives Market, with China, Japan, South Korea, and India being the key nations with the most promising growth prospects. Asia-Pacific held the greatest market share for electric vehicle adhesives in 2019 overall. The significant Chinese electric vehicle market and all the major battery manufacturers are the main contributors from this region. During the projection period, North America and Europe are also anticipated to present significant growth possibilities.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

The Key Players are PPG Industries, Inc. , L&L Products, Henkel, Ashland, Permabond (UK0), 3M, Wacker Chemie AG, H.B. Fuller, Bostik SA – An Arkema company, Sika AG, Jowat SE & Other Players.

Ashland-Company Financial Analysis

Electric Vehicle Adhesives Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 1.6 Billion
Market Size by 2030  US$ 21.04 Billion
CAGR  CAGR of 38% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application ( Powertrain, Exterior, Interior)
• By Resin Type (Epoxy, Polyurethane, Silicones, Acrylics, Others)
• By Vehicle Type (Electric Car, Electric Bus, Electric Bike, Electric Truck)
• By Substrate (Plastic, Composite, Metals, Others)
• By Form (Liquid, Film & Tape, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles PPG Industries, Inc. , L&L Products, Henkel, Ashland, Permabond (UK0), 3M, Wacker Chemie AG, H.B. Fuller, Bostik SA – An Arkema company, Sika AG, Jowat SE
DRIVERS • Due to government rules and purchase incentives, automakers are investing in EVs more and more.
Restraints • Electric car up-front costs are high, and there aren't many charging facilities available

Frequently Asked Questions

Ans: Primary or secondary type of research done by this reports.



Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.


Ans:  Electric car up-front costs are high, and there aren't many charging facilities available are the restraints for Electric Vehicle Adhesives Market.


Ans:  Due to government rules and purchase incentives, automakers are investing in EVs more and more  are the drivers for Electric Vehicle Adhesives Market

Ans: Electric Vehicle Adhesives Market Size was valued at USD 1.6 billion in 2022, and is expected to reach USD 21.04 billion by 2030, and grow at a CAGR of 38% over the forecast period 2023-2030.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Electric Vehicle Adhesives Market Segment, By Application

8.1 Powertrain

8.2 Exterior

8.3 Interior

9.Electric Vehicle Adhesives Market Segment, By Resin Type

9.1 Epoxy

9.2 Polyurethane

9.3 Silicones

9.4 Acrylics

9.5 Others

10.Electric Vehicle Adhesives Market Segment, By Vehicle Type

10.1 Electric Car

10.2 Electric Bus

10.3 Electric Bike

10.4 Electric Truck

11.Electric Vehicle Adhesives Market Segment, By Substrate

11.1 Plastic

11.2 Composite

11.3 Metals

11.4 Others

12.Electric Vehicle Adhesives Market Segment, By Form

12.1 Liquid

12.2 Film & Tape

12.3 Others

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

14. Company Profile

14.1 PPG Industries, Inc.

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 L&L Products, 

14.3 Henkel, 

14.4 Ashland, 

14.5 Permabond (UK

14.6 3M, 

14.7 Wacker Chemie AG, 

14.8 H.B. Fuller, 

14.9 Bostik SA – An Arkema company, 

14.10 Sika AG, 

14.11 Jowat SE, 

15.Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share Analysis

15.3 Recent Developments

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone