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Electric Vehicle Adhesives Market

Electric Vehicle Adhesives Market, Size and Segment 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), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/2367 | July 2022 | Region: Global | 131 Pages

Report Scope & Overview:

Electric Vehicle Adhesives Market Size was valued at USD 0.5 billion in 2021, and is expected to reach USD 7.81 billion by 2028, and grow at a CAGR of 45% over the forecast period 2022-2028.

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 Graph

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:

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

Opportunity:

  • Potential for autonomous electric car development

Challenge:

  • 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.

Key Players:

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, and other players.

Market Segmentation:

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

Electric Vehicle Adhesives Market Segment Pie Chart

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.

REGIONAL COVERAGE:

  • 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

Electric Vehicle Adhesives Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 0.5 Billion
Market Size by 2028 US$ 7.81 Billion
CAGR CAGR of 45% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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, and other players.
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 (FAQ) :

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: Insulating Glass Window Market Size was valued at USD 12.7 billion in 2021, and expected to reach USD 19.5 billion by 2028, and grow at a CAGR of 6.3 % over the forecast period 2022-2028.


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

 

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

 

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Secondary Research

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