The Electric Vehicle Adhesives Market Size was valued at USD 1.93 billion in 2023 and is expected to reach USD 27.45 billion by 2031 and grow at a CAGR of 39.3% over the forecast period 2024-2031.
The automotive industry is undergoing a clean revolution, and electric vehicles (EVs) are leading the charge. Local governments are pushing this green wave by promoting the development and adoption of both hybrids and EVs.
Get more information on Electric Vehicle Adhesives Market - Request Sample Report
This surge in eco-friendly vehicles is fueling rapid advancements in conversion technology, allowing traditional gasoline-powered cars to be reborn as clean electric machines. These specialized adhesives are poised for a bright future due to several key factors. They are crucial for securely bonding various components within EVs, from delicate battery cells and powerful motors to entire battery packs in both Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs). These adhesives must be tough as nails, withstanding extreme temperatures, vibrations, and harsh environmental conditions to ensure optimal EV performance. The conversion technology boom creates a significant demand for reliable EV adhesives. These adhesives ensure a seamless and secure conversion process, paving the way for a more sustainable fleet on the road. As governments worldwide actively promote EVs and hybrid alternatives, the demand for efficient conversion technology and robust EV manufacturing will continue to climb.
KEY DRIVERS:
Strict regulations and consumer purchase incentives are driving a surge in electric vehicle investment by automakers.
The electric vehicle (EV) market is experiencing a growth fueled by a confluence of powerful forces. Stringent emission regulations are putting a chokehold on traditional gasoline-powered cars, forcing automakers to shift gears and invest heavily in cleaner EV technology. To make EVs more user-friendly, governments and private companies are joining forces to build a robust network of charging stations, alleviating range anxiety and boosting convenience. The US Bipartisan Infrastructure Law, for example, exemplifies this commitment with a hefty $7.5 billion dedicated specifically to EV charging infrastructure. Major car manufacturers like General Motors and Ford are recognizing the demand for EVs and investing billions into EV development, ensuring they stay competitive in the new era of transportation. Growing startups are also actively developing the EV technologies and attracting significant investments, further propelling the EV revolution forward.
RESTRAIN:
High Research & Development Costs for EV adhesives market.
The road to developing next-generation EV adhesives is paved with innovation, but this path comes with a high price. Unlike their conventional counterparts, EV adhesives need to meet a demanding set of criteria. They must withstand extreme temperature fluctuations, possess superior bonding strength, and maintain their properties for extended periods. This constant push for innovation translates into significant research and development (R&D) costs for manufacturers. They need to invest heavily in developing technologies and materials to create these specialized adhesives. This financial pressure can be a major challenge, especially for smaller players in the market. The rewards of successful R&D can be substantial. Developing superior EV adhesives can lead to a competitive edge, offering carmakers lighter vehicles with improved range and performance.
OPPORTUNITY:
Growing the scope of autonomous electric vehicle in the market.
The rise of self-driving technology is putting EV adhesives in the fast lane. Imagine vehicles that park themselves, navigate without a driver, or even operate robotically that is the reality projected for autonomous EVs by 2031. These marvels rely heavily on Advanced Driver-Assistance Systems (ADAS), a complex network of sensors, cameras, and radar that process a mind-boggling amount of data (billions of data points per second). While only 20% of vehicles currently boast ADAS, this figure is expected to soar as autonomous EVs become commonplace. But here's the exciting part for EV adhesive manufacturers. these sophisticated sensors require specialized adhesives to ensure they're securely bonded within the ADAS system. As the demand for autonomous EVs climbs, so too will the need for these critical adhesives.
CHALLENGES:
Lack of standardization in EV charging can be challenging for the consumers.
The lack of uniformity in EV charging technology can be challenging for adoption of electric vehicles. Unlike our convenient, universal phone chargers, EV charging stations can be a frustrating compatibility maze. AC stations offer Level 1 (slow, 120V AC) and Level 2 (faster, 208/240V AC) charging, but things get even more complex with DC fast charging (480V). Here, standards diverge dramatically: China uses GB/T, Europe, the US, and South Korea rely on CCS, and Japan has its own CHAdeMO system. Tesla further complicates matters with their proprietary Supercharger network. This lack of standardization creates a fragmented ecosystem. Imagine driving an EV and encountering a charging station unusable simply because it doesn't speak the same "charging language" as your car. This confusion and inconvenience are major roadblocks hindering wider EV adoption.
The war in Ukraine is throwing a wrench into the EV adhesives market. Disruptions in the supply chain, particularly for materials sourced from Russia, are causing shortages and price hikes. This, coupled with rising energy and transportation costs, could push up production costs and ultimately the price of EV adhesives. Manufacturers might prioritize readily available materials or explore alternative sources, potentially delaying the adoption of next-generation adhesives. However, this crisis could also be a wake-up call, prompting a shift towards diversifying raw material sources and establishing domestic production, potentially strengthening the EV adhesives market in the long run.
EV adhesives market, for an economic downturn has slowed the market. consumer spending on new electric vehicles (EVs) is likely to take a hit. This translates directly into a drop in demand for the specialized adhesives that hold these vehicles together. This domino effect could force manufacturers into a price war, slashing adhesive costs to stay afloat in a competitive market. However, there's a potential counterpoint. Economic downturns often lead people to extend the lifespan of their existing vehicles, including EVs. This could lead to a rise in demand for EV adhesives used in routine maintenance and repairs. While the decline in new EV production might be a blow, the increased focus on keeping existing EVs on the road could partially offset the downturn's impact.
By Application
Powertrain System
Optical Element
Sensors & Communication
Body Frame
By Resin Type:
Silicone
Acrylic
Others
Polyurethane sub-segment is dominate in the electric vehicle (EV) adhesives market in 2023 by resin type, holding the largest share by volume. This dominance is fueled by the ever-increasing popularity of EVs and the relentless pursuit of lighter vehicles. The versatile building blocks of EVs. From polypropylene (PP) to polycarbonate, these materials are replacing heavier metals in the quest for lighter, more efficient vehicles. This trend extends across various components, including the interior, exterior, lighting, and even electrical wiring. The Asia Pacific region is leading the charge in this polymer revolution, with a projected growth rate of a staggering 45.4% for the polymer substrate market. as battery capacities increase to provide greater range, their weight also rises. To counteract this, automakers are swapping out metals for lightweight polymers.
By Vehicle Type:
Electric Cars
Electric Bikes
Electric Trucks
By Substrate:
Plastic
Composite
Metals
Others
By Form:
Liquid
Film & Tape
Others
Liquid sub-segment is Accounted For the Largest Share Of Electric Vehicle Adhesives Market Liquid adhesives account for the largest share of 60% in 2023 by form. Between two substrates, a liquid adhesive is applied to create a solid material that physically or chemically joins the substrates together. They serve a variety of functions in EVS, such as powertrain system, body frame, and electric batteries. The maximum demand for liquid adhesives is for exterior applications, followed by interior applications. Liquid adhesives are used to join the modules in electric batteries. They can be applied as a liquid or as encapsulated beads that are pre-applied to the fasteners; when the fasteners are assembled, the beads break, which results in releasing the adhesive.
North America
Europe
Asia pacific
Middle East & Africa
Latin America
The Asia Pacific (APAC) region is the world's largest market for electric vehicle (EV) adhesives in 2023, This dominance can be attributed to a confluence of factors. The ongoing trade tensions between the US and China have spurred a shift in manufacturing bases. Many adhesive end-users, seeking to navigate these complexities, have opted to relocate or establish operations in Asian countries, particularly China, which offers significant cost advantages due to lower labor costs. This influx of adhesive users directly translates to a surge in demand within the region. India, with its abundant low-cost labor force, presents a compelling investment opportunity for adhesive companies. Government initiatives like "Make in India" further amplify this potential by promoting domestic manufacturing. These initiatives, coupled with proposed schemes on entrepreneurship development, could unlock additional opportunities in the industrial and infrastructure construction sectors, creating a strong foundation for future adhesive demand.
Get Customized Report as per your Business Requirement - Request For Customized Report
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major players in the Electric Vehicle Adhesives Market are Henkel AG & Co. KGaA (Germany), Illinois Tool Works Inc. (US), H.B. Fuller (US), Parker Hannifin Corporation (US), Sika AG (Switzerland), 3M (US), Ashland Inc. (US), Wacker Chemie AG (Germany), Kingspan Group (Ireland), Permabond (UK0), Paroc Group, DAP Global Inc.(U.S.), PPG Industries, Inc., and other players.
In May 2024: H.B. Fuller Company has expanded its reach in the specialty solutions market by acquiring ND Industries Inc. This acquisition strengthens H.B. Fuller's position as the world's leading pureplay adhesives company, as ND Industries brings expertise in fastener locking and sealing solutions for the automotive, electronics, and aerospace industries.
In September 2023: H.B. Fuller (FUL) will be at PACK EXPO Las Vegas showcasing its innovative solutions that address efficiency and environmental concerns in packaging. At the Las Vegas Convention Center, H.B. Fuller will unveil its wide-ranging technology platform designed to help brands and manufacturers create more sustainable and streamlined packaging solutions.
In February 2024: Henkel, is building its first ever innovation and technology center dedicated to Latin America. Located in Jundiaí, Sao Paulo, the center will foster collaboration to develop new solutions for its adhesives business. It will also serve as a hub for training, knowledge sharing, and interaction with customers and partners in the region.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 1.93 Billion |
| Market Size by 2031 | US$ 27.45 Billion |
| CAGR | CAGR of 39.3% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| 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 (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Henkel AG & Co. KGaA (Germany), Illinois Tool Works Inc. (US), H.B. Fuller (US), Parker Hannifin Corporation (US), Sika AG (Switzerland), 3M (US), Ashland Inc. (US), Wacker Chemie AG (Germany), Kingspan Group (Ireland), Permabond (UK0), Paroc Group, DAP Global Inc.(U.S.), PPG Industries, Inc. |
| Drivers | • Strict regulations and consumer purchase incentives are driving a surge in electric vehicle investment by automakers. |
| Restraints | • High Research & Development Costs for EV adhesives market. |
Ans: The Electric Vehicle Adhesives Market is expected to grow at a CAGR of 39.3%.
Ans: Electric Vehicle Adhesives Market size was USD 1.93 billion in 2023 and is expected to Reach USD 27.45 billion by 2031.
Ans: Rising demand for electric vehicles and conversion technology is driving the growth of the electric vehicle adhesives market.
Ans: self-driving EVs (using ADAS sensors) means more demand for specialized EV adhesives to securely bond these sensors.
Ans: Asia pacific is expected to hold the largest market share in the global Electric Vehicle Adhesives Market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine War
5.2 Impact of Economic Slowdown
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa
10. Electric Vehicle Adhesives Market Segmentation, By Substrate Type
10.1 Introduction
10.2 Trend Analysis
10.3 Plastic
10.4 Composite
10.5 Metals
10.6 Others
11. Electric Vehicle Adhesives Market Segmentation, By Resin Type
11.1 Introduction
11.2 Trend Analysis
11.3 Epoxy
11.4 Polyurethane
11.5 Silicone
11.6 Acrylic
11.7 Others
12. Electric Vehicle Adhesives Market Segmentation, By Form
12.1 Introduction
12.2 Trend Analysis
12.3 Liquid
12.4 Film & Tape
12.5 Others
13. Electric Vehicle Adhesives Market Segmentation, By Vehicle Type
13.1 Introduction
13.2 Trend Analysis
13.3 Electric Cars
13.4 Electric Buses
13.5 Electric Bikes
13.6 Electric Trucks
14. Electric Vehicle Adhesives Market Segmentation, By Application
14.1 Introduction
14.2 Trend Analysis
14.3 Powertrain System
14.4 Optical Element
14.5 Sensors & Communication
14.6 Body Frame
15. Regional Analysis
15.1 Introduction
15.2 North America
15.2.1 Trend Analysis
15.2.2 North America Electric Vehicle Adhesives Market By Country
15.2.3 North America Electric Vehicle Adhesives Market By Substrate Type
15.2.4 North America Electric Vehicle Adhesives Market By Resin Type
15.2.5 North America Electric Vehicle Adhesives Market By Form
15.2.6 North America Electric Vehicle Adhesives Market, By Vehicle Type
15.2.7 North America Electric Vehicle Adhesives Market, By Application
15.2.8 USA
15.2.8.1 USA Electric Vehicle Adhesives Market By Substrate Type
15.2.8.2 USA Electric Vehicle Adhesives Market By Resin Type
15.2.8.3 USA Electric Vehicle Adhesives Market By Form
15.2.8.4 USA Electric Vehicle Adhesives Market, By Vehicle Type
15.2.8.5 USA Electric Vehicle Adhesives Market, By Application
15.2.9 Canada
15.2.9.1 Canada Electric Vehicle Adhesives Market By Substrate Type
15.2.9.2 Canada Electric Vehicle Adhesives Market By Resin Type
15.2.9.3 Canada Electric Vehicle Adhesives Market By Form
15.2.9.4 Canada Electric Vehicle Adhesives Market, By Vehicle Type
15.2.9.5 Canada Electric Vehicle Adhesives Market, By Application
15.2.10 Mexico
15.2.10.1 Mexico Electric Vehicle Adhesives Market By Substrate Type
15.2.10.2 Mexico Electric Vehicle Adhesives Market By Resin Type
15.2.10.3 Mexico Electric Vehicle Adhesives Market By Form
15.2.10.4 Mexico Electric Vehicle Adhesives Market, By Vehicle Type
15.2.10.5 Mexico Electric Vehicle Adhesives Market, By Application
15.3 Europe
15.3.1 Trend Analysis
15.3.2 Eastern Europe
15.3.2.1 Eastern Europe Electric Vehicle Adhesives Market By Country
15.3.2.2 Eastern Europe Electric Vehicle Adhesives Market By Substrate Type
15.3.2.3 Eastern Europe Electric Vehicle Adhesives Market By Resin Type
15.3.2.4 Eastern Europe Electric Vehicle Adhesives Market By Form
15.3.2.5 Eastern Europe Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.6 Eastern Europe Electric Vehicle Adhesives Market, By Application
15.3.2.7 Poland
15.3.2.7.1 Poland Electric Vehicle Adhesives Market By Substrate Type
15.3.2.7.2 Poland Electric Vehicle Adhesives Market By Resin Type
15.3.2.7.3 Poland Electric Vehicle Adhesives Market By Form
15.3.2.7.4 Poland Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.7.5 Poland Electric Vehicle Adhesives Market, By Application
15.3.2.8 Romania
15.3.2.8.1 Romania Electric Vehicle Adhesives Market By Substrate Type
15.3.2.8.2 Romania Electric Vehicle Adhesives Market By Resin Type
15.3.2.8.3 Romania Electric Vehicle Adhesives Market By Form
15.3.2.8.4 Romania Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.8.5 Romania Electric Vehicle Adhesives Market, By Application
15.3.2.9 Hungary
15.3.2.9.1 Hungary Electric Vehicle Adhesives Market By Substrate Type
15.3.2.9.2 Hungary Electric Vehicle Adhesives Market By Resin Type
15.3.2.9.3 Hungary Electric Vehicle Adhesives Market By Form
15.3.2.9.4 Hungary Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.9.5 Hungary Electric Vehicle Adhesives Market, By Application
15.3.2.10 Turkey
15.3.2.10.1 Turkey Electric Vehicle Adhesives Market By Substrate Type
15.3.2.10.2 Turkey Electric Vehicle Adhesives Market By Resin Type
15.3.2.10.3 Turkey Electric Vehicle Adhesives Market By Form
15.3.2.10.4 Turkey Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.10.5 Turkey Electric Vehicle Adhesives Market, By Application
15.3.2.11 Rest of Eastern Europe
15.3.2.11.1 Rest of Eastern Europe Electric Vehicle Adhesives Market By Substrate Type
15.3.2.11.2 Rest of Eastern Europe Electric Vehicle Adhesives Market By Resin Type
15.3.2.11.3 Rest of Eastern Europe Electric Vehicle Adhesives Market By Form
15.3.2.11.4 Rest of Eastern Europe Electric Vehicle Adhesives Market By Vehicle Type
15.3.2.11.5 Rest of Eastern Europe Electric Vehicle Adhesives Market, By Application
15.3.3 Western Europe
15.3.3.1 Western Europe Electric Vehicle Adhesives Market By Country
15.3.3.2 Western Europe Electric Vehicle Adhesives Market By Substrate Type
15.3.3.3 Western Europe Electric Vehicle Adhesives Market By Resin Type
15.3.3.4 Western Europe Electric Vehicle Adhesives Market By Form
15.3.3.5 Western Europe Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.6 Western Europe Electric Vehicle Adhesives Market, By Application
15.3.3.7 Germany
15.3.3.7.1 Germany Electric Vehicle Adhesives Market By Substrate Type
15.3.3.7.2 Germany Electric Vehicle Adhesives Market By Resin Type
15.3.3.7.3 Germany Electric Vehicle Adhesives Market By Form
15.3.3.7.4 Germany Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.7.5 Germany Electric Vehicle Adhesives Market, By Application
15.3.3.8 France
15.3.3.8.1 France Electric Vehicle Adhesives Market By Substrate Type
15.3.3.8.2 France Electric Vehicle Adhesives Market By Resin Type
15.3.3.8.3 France Electric Vehicle Adhesives Market By Form
15.3.3.8.4 France Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.8.5 France Electric Vehicle Adhesives Market, By Application
15.3.3.9 UK
15.3.3.9.1 UK Electric Vehicle Adhesives Market By Substrate Type
15.3.3.9.2 UK Electric Vehicle Adhesives Market By Resin Type
15.3.3.9.3 UK Electric Vehicle Adhesives Market By Form
15.3.3.9.4 UK Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.9.5 UK Electric Vehicle Adhesives Market, By Application
15.3.3.10 Italy
15.3.3.10.1 Italy Electric Vehicle Adhesives Market By Substrate Type
15.3.3.10.2 Italy Electric Vehicle Adhesives Market By Resin Type
15.3.3.10.3 Italy Electric Vehicle Adhesives Market By Form
15.3.3.10.4 Italy Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.10.5 Italy Electric Vehicle Adhesives Market, By Application
15.3.3.11 Spain
15.3.3.11.1 Spain Electric Vehicle Adhesives Market By Substrate Type
15.3.3.11.2 Spain Electric Vehicle Adhesives Market By Resin Type
15.3.3.11.3 Spain Electric Vehicle Adhesives Market By Form
15.3.3.11.4 Spain Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.11.5 Spain Electric Vehicle Adhesives Market, By Application
15.3.3.12 Netherlands
15.3.3.12.1 Netherlands Electric Vehicle Adhesives Market By Substrate Type
15.3.3.12.2 Netherlands Electric Vehicle Adhesives Market By Resin Type
15.3.3.12.3 Netherlands Electric Vehicle Adhesives Market By Form
15.3.3.12.4 Netherlands Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.12.5 Netherlands Electric Vehicle Adhesives Market, By Application
15.3.3.13 Switzerland
15.3.3.13.1 Switzerland Electric Vehicle Adhesives Market By Substrate Type
15.3.3.13.2 Switzerland Electric Vehicle Adhesives Market By Resin Type
15.3.3.13.3 Switzerland Electric Vehicle Adhesives Market By Form
15.3.3.13.4 Switzerland Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.13.5 Switzerland Electric Vehicle Adhesives Market, By Application
15.3.3.15 Austria
15.3.3.15.1 Austria Electric Vehicle Adhesives Market By Substrate Type
15.3.3.15.2 Austria Electric Vehicle Adhesives Market By Resin Type
15.3.3.15.3 Austria Electric Vehicle Adhesives Market By Form
15.3.3.15.4 Austria Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.15.5 Austria Electric Vehicle Adhesives Market, By Application
15.3.3.15 Rest of Western Europe
15.3.3.15.1 Rest of Western Europe Electric Vehicle Adhesives Market By Substrate Type
15.3.3.15.2 Rest of Western Europe Electric Vehicle Adhesives Market By Resin Type
15.3.3.15.3 Rest of Western Europe Electric Vehicle Adhesives Market By Form
15.3.3.15.4 Rest of Western Europe Electric Vehicle Adhesives Market By Vehicle Type
15.3.3.15.5 Rest of Western Europe Electric Vehicle Adhesives Market, By Application
15.4 Asia-Pacific
15.4.1 Trend Analysis
15.4.2 Asia-Pacific Electric Vehicle Adhesives Market By country
15.4.3 Asia-Pacific Electric Vehicle Adhesives Market By Substrate Type
15.4.4 Asia-Pacific Electric Vehicle Adhesives Market By Resin Type
15.4.5 Asia-Pacific Electric Vehicle Adhesives Market By Form
15.4.6 Asia-Pacific Electric Vehicle Adhesives Market By Vehicle Type
15.4.7 Asia-Pacific Electric Vehicle Adhesives Market, By Application
15.4.8 China
15.4.8.1 China Electric Vehicle Adhesives Market By Substrate Type
15.4.8.2 China Electric Vehicle Adhesives Market By Resin Type
15.4.8.3 China Electric Vehicle Adhesives Market By Form
15.4.8.4 China Electric Vehicle Adhesives Market By Vehicle Type
15.4.8.5 China Electric Vehicle Adhesives Market, By Application
15.4.9 India
15.4.9.1 India Electric Vehicle Adhesives Market By Substrate Type
15.4.9.2 India Electric Vehicle Adhesives Market By Resin Type
15.4.9.3 India Electric Vehicle Adhesives Market By Form
15.4.9.4 India Electric Vehicle Adhesives Market By Vehicle Type
15.4.9.5 India Electric Vehicle Adhesives Market, By Application
15.4.10 Japan
15.4.10.1 Japan Electric Vehicle Adhesives Market By Substrate Type
15.4.10.2 Japan Electric Vehicle Adhesives Market By Resin Type
15.4.10.3 Japan Electric Vehicle Adhesives Market By Form
15.4.10.4 Japan Electric Vehicle Adhesives Market By Vehicle Type
15.4.10.5 Japan Electric Vehicle Adhesives Market, By Application
15.4.11 South Korea
15.4.11.1 South Korea Electric Vehicle Adhesives Market By Substrate Type
15.4.11.2 South Korea Electric Vehicle Adhesives Market By Resin Type
15.4.11.3 South Korea Electric Vehicle Adhesives Market By Form
15.4.11.4 South Korea Electric Vehicle Adhesives Market By Vehicle Type
15.4.11.5 South Korea Electric Vehicle Adhesives Market, By Application
15.4.12 Vietnam
15.4.12.1 Vietnam Electric Vehicle Adhesives Market By Substrate Type
15.4.12.2 Vietnam Electric Vehicle Adhesives Market By Resin Type
15.4.12.3 Vietnam Electric Vehicle Adhesives Market By Form
15.4.12.4 Vietnam Electric Vehicle Adhesives Market By Vehicle Type
15.4.12.5 Vietnam Electric Vehicle Adhesives Market, By Application
15.4.13 Singapore
15.4.13.1 Singapore Electric Vehicle Adhesives Market By Substrate Type
15.4.13.2 Singapore Electric Vehicle Adhesives Market By Resin Type
15.4.13.3 Singapore Electric Vehicle Adhesives Market By Form
15.4.13.4 Singapore Electric Vehicle Adhesives Market By Vehicle Type
15.4.13.5 Singapore Electric Vehicle Adhesives Market, By Application
15.4.15 Australia
15.4.15.1 Australia Electric Vehicle Adhesives Market By Substrate Type
15.4.15.2 Australia Electric Vehicle Adhesives Market By Resin Type
15.4.15.3 Australia Electric Vehicle Adhesives Market By Form
15.4.15.4 Australia Electric Vehicle Adhesives Market By Vehicle Type
15.4.15.5 Australia Electric Vehicle Adhesives Market, By Application
15.4.15 Rest of Asia-Pacific
15.4.15.1 Rest of Asia-Pacific Electric Vehicle Adhesives Market By Substrate Type
15.4.15.2 Rest of Asia-Pacific Electric Vehicle Adhesives Market By Resin Type
15.4.15.3 Rest of Asia-Pacific Electric Vehicle Adhesives Market By Form
15.4.15.4 Rest of Asia-Pacific Electric Vehicle Adhesives Market By Vehicle Type
15.4.15.5 Rest of Asia-Pacific Electric Vehicle Adhesives Market, By Application
15.5 Middle East & Africa
15.5.1 Trend Analysis
15.5.2 Middle East
15.5.2.1 Middle East Electric Vehicle Adhesives Market By Country
15.5.2.2 Middle East Electric Vehicle Adhesives Market By Substrate Type
15.5.2.3 Middle East Electric Vehicle Adhesives Market By Resin Type
15.5.2.4 Middle East Electric Vehicle Adhesives Market By Form
15.5.2.5 Middle East Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.6 Middle East Electric Vehicle Adhesives Market, By Application
15.5.2.7 UAE
15.5.2.7.1 UAE Electric Vehicle Adhesives Market By Substrate Type
15.5.2.7.2 UAE Electric Vehicle Adhesives Market By Resin Type
15.5.2.7.3 UAE Electric Vehicle Adhesives Market By Form
15.5.2.7.4 UAE Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.7.5 UAE Electric Vehicle Adhesives Market, By Application
15.5.2.8 Egypt
15.5.2.8.1 Egypt Electric Vehicle Adhesives Market By Substrate Type
15.5.2.8.2 Egypt Electric Vehicle Adhesives Market By Resin Type
15.5.2.8.3 Egypt Electric Vehicle Adhesives Market By Form
15.5.2.8.4 Egypt Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.8.5 Egypt Electric Vehicle Adhesives Market, By Application
15.5.2.9 Saudi Arabia
15.5.2.9.1 Saudi Arabia Electric Vehicle Adhesives Market By Substrate Type
15.5.2.9.2 Saudi Arabia Electric Vehicle Adhesives Market By Resin Type
15.5.2.9.3 Saudi Arabia Electric Vehicle Adhesives Market By Form
15.5.2.9.4 Saudi Arabia Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.9.5 Saudi Arabia Electric Vehicle Adhesives Market, By Application
15.5.2.10 Qatar
15.5.2.10.1 Qatar Electric Vehicle Adhesives Market By Substrate Type
15.5.2.10.2 Qatar Electric Vehicle Adhesives Market By Resin Type
15.5.2.10.3 Qatar Electric Vehicle Adhesives Market By Form
15.5.2.10.4 Qatar Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.10.5 Qatar Electric Vehicle Adhesives Market, By Application
15.5.2.11 Rest of Middle East
15.5.2.11.1 Rest of Middle East Electric Vehicle Adhesives Market By Substrate Type
15.5.2.11.2 Rest of Middle East Electric Vehicle Adhesives Market By Resin Type
15.5.2.11.3 Rest of Middle East Electric Vehicle Adhesives Market By Form
15.5.2.11.4 Rest of Middle East Electric Vehicle Adhesives Market By Vehicle Type
15.5.2.11.5 Rest of Middle East Electric Vehicle Adhesives Market, By Application
15.5.3 Africa
15.5.3.1 Africa Electric Vehicle Adhesives Market By Country
15.5.3.2 Africa Electric Vehicle Adhesives Market By Substrate Type
15.5.3.3 Africa Electric Vehicle Adhesives Market By Resin Type
15.5.3.4 Africa Electric Vehicle Adhesives Market By Form
15.5.3.5 Africa Electric Vehicle Adhesives Market By Vehicle Type
15.5.3.6 Africa Electric Vehicle Adhesives Market, By Application
15.5.3.7 Nigeria
15.5.3.7.1 Nigeria Electric Vehicle Adhesives Market By Substrate Type
15.5.3.7.2 Nigeria Electric Vehicle Adhesives Market By Resin Type
15.5.3.7.3 Nigeria Electric Vehicle Adhesives Market By Form
15.5.3.7.4 Nigeria Electric Vehicle Adhesives Market By Vehicle Type
15.5.3.7.5 Nigeria Electric Vehicle Adhesives Market, By Application
15.5.3.8 South Africa
15.5.3.8.1 South Africa Electric Vehicle Adhesives Market By Substrate Type
15.5.3.8.2 South Africa Electric Vehicle Adhesives Market By Resin Type
15.5.3.8.3 South Africa Electric Vehicle Adhesives Market By Form
15.5.3.8.4 South Africa Electric Vehicle Adhesives Market By Vehicle Type
15.5.3.8.5 South Africa Electric Vehicle Adhesives Market, By Application
15.5.3.9 Rest of Africa
15.5.3.9.1 Rest of Africa Electric Vehicle Adhesives Market By Substrate Type
15.5.3.9.2 Rest of Africa Electric Vehicle Adhesives Market By Resin Type
15.5.3.9.3 Rest of Africa Electric Vehicle Adhesives Market By Form
15.5.3.9.4 Rest of Africa Electric Vehicle Adhesives Market By Vehicle Type
15.5.3.9.5 Rest of Africa Electric Vehicle Adhesives Market, By Application
15.6 Latin America
15.6.1 Trend Analysis
15.6.2 Latin America Electric Vehicle Adhesives Market By Country
15.6.3 Latin America Electric Vehicle Adhesives Market By Substrate Type
15.6.4 Latin America Electric Vehicle Adhesives Market By Resin Type
15.6.5 Latin America Electric Vehicle Adhesives Market By Form
15.6.6 Latin America Electric Vehicle Adhesives Market By Vehicle Type
15.6.7 Latin America Electric Vehicle Adhesives Market, By Application
15.6.8 Brazil
15.6.8.1 Brazil Electric Vehicle Adhesives Market By Substrate Type
15.6.8.2 Brazil Electric Vehicle Adhesives Market By Resin Type
15.6.8.3 Brazil Electric Vehicle Adhesives Market By Form
15.6.8.4 Brazil Electric Vehicle Adhesives Market By Vehicle Type
15.6.8.5 Brazil Electric Vehicle Adhesives Market, By Application
15.6.9 Argentina
15.6.9.1 Argentina Electric Vehicle Adhesives Market By Substrate Type
15.6.9.2 Argentina Electric Vehicle Adhesives Market By Resin Type
15.6.9.3 Argentina Electric Vehicle Adhesives Market By Form
15.6.9.4 Argentina Electric Vehicle Adhesives Market By Vehicle Type
15.6.9.5 Argentina Electric Vehicle Adhesives Market, By Application
15.6.10 Colombia
15.6.10.1 Colombia Electric Vehicle Adhesives Market By Substrate Type
15.6.10.2 Colombia Electric Vehicle Adhesives Market By Resin Type
15.6.10.3 Colombia Electric Vehicle Adhesives Market By Form
15.6.10.4 Colombia Electric Vehicle Adhesives Market By Vehicle Type
15.6.10.5 Colombia Electric Vehicle Adhesives Market, By Application
15.6.11 Rest of Latin America
15.6.11.1 Rest of Latin America Electric Vehicle Adhesives Market By Substrate Type
15.6.11.2 Rest of Latin America Electric Vehicle Adhesives Market By Resin Type
15.6.11.3 Rest of Latin America Electric Vehicle Adhesives Market By Form
15.6.11.4 Rest of Latin America Electric Vehicle Adhesives Market By Vehicle Type
15.6.11.5 Rest of Latin America Electric Vehicle Adhesives Market, By Application
15. Company Profiles
15.1 Henkel AG & Co. KGaA (Germany)
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Illinois Tool Works Inc. (US)
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 H.B. Fuller (US)
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Parker Hannifin Corporation (US)
15.4 Company Overview
15.4.2 Financials
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 Sika AG (Switzerland)
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 PPG Industries (US)
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 3M (US)
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Ashland Inc. (US)
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 Wacker Chemie AG (Germany)
15.9.1 Company Overview
15.9.2 Financials
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 The Chemours Company (U.S.)
15.10.1 Company Overview
15.10.2 Financials
15.10.3 Products/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
15.11 Kingspan Group (Ireland)
15.11.1 Company Overview
15.11.2 Financials
15.11.3 Products/ Services Offered
15.11.4 SWOT Analysis
15.11.5 The SNS View
15.12 Paroc Group
15.12.1 Company Overview
15.12.2 Financials
15.12.3 Products/ Services Offered
15.12.4 SWOT Analysis
15.12.5 The SNS View
15.13 DAP Global Inc.(U.S.)
15.13.1 Company Overview
15.13.2 Financials
15.13.3 Products/ Services Offered
15.13.4 SWOT Analysis
15.13.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. Use Case and Best Practices
18. 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.
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.
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.
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.
The Foam Glass Market Size was valued at USD 2.0 billion in 2023 and is expected to reach USD 3.2 billion by 2032 and grow at a CAGR of 5.6% over the forecast period 2024-2032.
The Ferrochrome Market size was USD 18.61 billion in 2023 and is expected to Reach USD 32.52 billion by 2032 and grow at a CAGR of 6.4% over the forecast period of 2024-2032.
The Fiber Cement Market Size was valued at USD 13.0 Billion in 2023 and is expected to reach USD 18.3 Billion by 2032 and grow at a CAGR of 3.9% over the forecast period 2024-2032.
The Recycled PET Market Size was valued at USD 9.54 billion in 2022, and is expected to reach USD 15.20 billion by 2030, and grow at a CAGR of 6.0% over the forecast period 2023-2030.
The Benzoic Acid Market size was valued at USD 1.2 billion in 2023. It is estimated to hit USD 1.81 billion by 2031 and grow at a CAGR of 5.2% over the forecast period of 2024-2031.
The Biosurfactants Market size was USD 4.50 billion in 2023 and is expected to Reach USD 11.38 billion by 2031 and grow at a CAGR of 12.3% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
