Report Feature
The future of the global electric vehicle adhesive market looks promising with opportunities in the private and commercial segments. The global electric vehicle adhesive market is expected to grow with a CAGR of 57%-59% from 2021 to 2026. The major drivers for this market are rising requirement for lightweight and safety products in the automotive sector, rising disposable income, and increasing research and development activities.
Emerging trends, which have a direct impact on the dynamics of the industry, include rising scope for growth of autonomous electric vehicles, increasing modernization in the automotive sector, and adoption of electric vehicles.
A total of xx figures / charts and xx tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global Electric Vehicle Adhesive market report, please download the report brochure.
The study includes trends and forecast for the global electric vehicle adhesive market by resin type, application, vehicle type, form type, substrate, and region, as follows:
By Resin Type [Value ($ Million) from 2015 to 2026]:
- Epoxy
- Polyurethane
- Silicone
- Acrylic
- Others
By Application [Value ($ Million) from 2015 to 2026]:
- Exterior
- Interior
- Powertrain System
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
- Electric Cars
- Electric Buses
- Electric Bikes
- Electric Trucks
By Form Type [Value ($ Million) from 2015 to 2026]:
- Liquid
- Films & Tapes
- Others
By Substrate [Value ($ Million) from 2015 to 2026]:
- Polymer
- Composites
- Metal
- Others
By Region [Value ($ Million) from 2015 to 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- APAC
- China
- India
- Japan
- ROW
- Middle East
- Brazil
Some of the Electric Vehicle Adhesive companies profiled in this report include H.B. Fuller Company, Sika AG, Evonik Industries, Jowat SE, 3M, Wacker Chemie AG, Bostik, L&L Products, Ashland and PPG Industries, Inc.
Lucintel forecasts that epoxy resin will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to its greatest strength and durability in all structural adhesives. Epoxy bonds have exceptional resistance to shock, vibration, and impact loads.
Within the global electric vehicle adhesive market, the liquid segment is expected to witness the highest growth over the forecast period due to the liquid adhesives used in electric vehicles in various applications, such as exterior, interiors, and electric batteries.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to increasing electric vehicle demand in China and other countries with supportive government policies and increasing concern for improving air quality in metropolitan cities.
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Features of the Global Electric Vehicle Adhesive Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising growth opportunities for the global electric vehicle adhesive market by resin type (epoxy, polyurethane, silicone, acrylic and others), application (exterior, interior and powertrain system), vehicle type (electric cars, electric buses, electric bikes and electric trucks), form type (liquid, film tape and others), substrate (polymer, composite, metal and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market? Q.5 What are the business risks and competitive threats in this market? Q.6 What are the emerging trends in this market and the reasons behind them? Q.7 What are some of the changing demands of customers in the market? Q.8 What are the new developments in the market and which companies are leading these developments? Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth? Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution? Q.11 What M & A activity has occur in the last five years? |
| Key Features | Description |
| Base Year for Estimation | 2020 |
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Trend Period (Actual Estimates) |
2015-2020 |
| Forecast Period | 2021-2026 |
| Pages | 210 |
| Market Representation / Units | Revenue in US $ Million |
| Regional Scope | North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Resin Type (Epoxy, Polyurethane, Silicone, Acrylic and Others), Application (Exterior, Interior and Powertrain System), Vehicle Type (Electric Cars, Electric Buses, Electric Bikes and Electric Trucks), Form Type (Liquid, Film Tape and Others), Substrate (Polymer, Composite, Metal and Others) |
| Customization | 10% Customization without Any Additional Cost |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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