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Electric Vehicle Adhesives Market Growing at 24% CAGR to Hit $421 billion | Growth, Share Analysis, Company Profiles

Electric Vehicle Adhesives Market

Electric Vehicle Adhesives Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

Rising demand for electric vehicle adhesives due to the shift towards sustainable transportation and increased production of EVs”
— Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 5, 2024 /EINPresswire.com/ -- This information is provided by Exactitude Consultancy, in its report titled, “Electric Vehicle Adhesives Market, 2024-2030.”

The Electric Vehicle Adhesives Market is expected to grow at 24 % CAGR from 2024-2030. It is expected to reach above USD 421 Billion by 2030 from USD 0.5 Billion in 2023. Adhesives are chemicals used to bond or adhere substances together. In EVs, adhesives are widely used to adhere to a variety of application areas everywhere ranging from body closures to battery assemblies. These are widely used in place of traditional heavy fastening assemblies or mechanical fasteners and provide lighter as well as thinner bonds with improved flexibility and strength.

The report methodical explanation of current market trends to assist the users to entail in-depth market analysis. The report focuses on a detailed analysis of major market players that are functioning in the global Electric Vehicle Adhesives market to study the market sales, value, and share. Top revenue-generating key manufacturers are involved in the report. Moreover, a systemic evaluation of drivers, restraints, and opportunities is framed in the report.

For Detailed Information of the Market, Download PDF Sample Report:

https://exactitudeconsultancy.com/reports/14953/electric-vehicle-adhesives-market/#request-a-sample

What`s New?

Special discussions on the global economic climate and market sentiment

Coverage on global competitiveness and key competitor percentage market shares

Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to digital archives and trademarked research platform

Complimentary updates for one year

Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Leading Key players included in this Report are:

Major players in the Electric Vehicle Adhesives Market are identified through secondary research and their market revenues determined through primary and secondary research are: Henkel, H.B. Fuller, Sika AG, 3M, Wacker Chemie AG, Bostik SA – An Arkema company, L&L Products, Jowat SE, Ashland, PPG Industries, Permabond. and Others.

Recent Developments

A portion of DHM Adhesives, Inc.’s assets was acquired by H.B. Fuller in February 2020. Hotmelt adhesives are offered by DHM, a company with its headquarters in Calhoun, Georgia.

Bexel Internacional S.A., a significant producer of tile adhesives and stuccos in Mexico, was acquired by Sika AG in August 2021.

Electric Vehicle Adhesives Market Segmentation:

Electric Vehicle Adhesives Market By Resin Type, 2020-2029, (Usd Billion) (Kilotons)

Epoxy

Polyurethane

Silicone

Acrylic

Others

Electric Vehicle Adhesives Market By Form, 2020-2029, (Usd Billion) (Kilotons)

Liquid

Film & Tape

Others

Electric Vehicle Adhesives Market By Vehicle Type, 2020-2029, (Usd Billion) (Kilotons)

Electric Car

Electric Bus

Electric Bike

Electric Truck

Electric Vehicle Adhesives Market By Application, 2020-2029, (Usd Billion) (Kilotons)

Powertrain System

Exterior

Interior

Electric Vehicle Adhesives Market By Substrate, 2020-2029, (Usd Billion) (Kilotons)

Polymer

Composite

Metal

Others

Regional Outlook:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

The Asia Pacific area has seen an increase in the sales of electric vehicles in recent years. These cars are primarily made in China. The pandemic has had a significant impact on the demand for electric vehicles. Manufacturing activity has ceased as China had been the country hardest afflicted by the COVID-19 epidemic. The market was significantly impacted by restrictions on mobility and the lack of raw materials due to tourism. The demand for adhesives will rise in the upcoming years, and the market for electric vehicles is predicted to expand throughout the projected period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Exactitude Consultancy internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Browse Complete Summary and Table of Content:

https://exactitudeconsultancy.com/reports/14953/electric-vehicle-adhesives-market/

Among the report’s primary offers are the following:

Direct-To-Consumer Electric Vehicle Adhesives definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for Electric Vehicle Adhesives products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global Electric Vehicle Adhesives market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

Frequently Asked Questions:

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☑ Does this report offer customization?

We offer customization on report based on customer’s specific requirement:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

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