Press release
Electric Vehicle Adhesives Market to Reach USD 607.3 Million by 2032, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers the full forecast period from 2024 to 2032 and includes segmentation by vehicle type, application, and region, delivering strategic insights for manufacturers, suppliers, OEMs, and investors looking to understand technology adoption, regional demand, and competitive positioning.
Request a free sample report:
https://www.stratviewresearch.com/Request-Sample/1090/electric-vehicle-adhesives-market.html#form
Market Statistics
• Market size: USD 81.4 million (2023)
• Forecast value: USD 607.3 million (2032)
• CAGR: 25.1% (2024-2032)
• Forecast period: 2024-2032
• Base year: 2023
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
• By Vehicle Type: BEV and PHEV
• By Application: Pack & Module Bonding and Battery Cell Encapsulation
• By Region: North America, Europe, Asia-Pacific, Rest of World
Pack & module bonding is the fastest developing application segment as manufacturers prioritize efficient assembly processes and enhanced structural integrity of battery systems, which necessitates advanced adhesive solutions and drives higher adoption rates. This trend implies that companies investing in high-performance bonding technologies can secure stronger positions in critical EV supply chains. Battery Electric Vehicles (BEVs) are the fastest-growing vehicle type segment due to their zero-emission appeal and advancements in battery technologies, pushing adhesive innovations to meet performance and safety requirements, which highlights strategic opportunities for adhesives tailored to next-generation EV platforms.
Regional Insights
Asia-Pacific is the dominant region, structurally supported by the rapid growth of electric vehicle production, particularly in China, strong government incentives for EV adoption, and advancements in battery technology that require specialized adhesives, indicating significant demand for regional suppliers and technology partners.
China is also the fastest-growing national market, propelled by large-scale EV manufacturing and policy support that accelerates adoption of lightweight adhesives, suggesting strategic expansion opportunities for global adhesive manufacturers targeting Asia-Pacific's EV ecosystem.
Market Drivers
• Rapid increase in electric vehicle production, raising demand for lightweight and high-performance adhesive solutions.
• Shift from mechanical fasteners to adhesives for improved structural bonding and vehicle efficiency.
• Government policies and incentives promoting electric mobility to reduce emissions.
• Advancements in battery technology requiring specialized adhesives for safety and thermal management.
• OEM focus on lightweight materials and efficient assembly processes driving adhesive innovation and adoption.
Top Companies in the Market
• Henkel
• 3M
• DuPont
• H.B. Fuller
• Sika
• Lord Corporation
• Arkema
• BASF
• Huntsman Corporation
• Avery Dennison
FAQs
1.What is the current size of the Electric Vehicle Adhesives Market ?
The electric vehicle adhesives market was estimated at USD 81.4 million in 2023, reflecting its nascency and strong linkage to EV production volumes.
2.How fast is the Electric Vehicle Adhesives Market expected to grow ?
The market is forecast to grow at a CAGR of 25.1% from 2024 to 2032, driven primarily by increasing EV assembly requirements and the shift to lightweight materials.
3.Which application segment is expanding fastest in this market ?
Pack & module bonding is the fastest-growing application as it enhances structural integrity and efficient assembly processes in EV battery systems.
4.Why is Asia-Pacific leading the market for EV adhesives ?
Asia-Pacific leads due to rapid EV production growth, particularly in China, supported by strong government incentives and technological advancements in battery manufacturing.
5.What strategic implications does the rise of BEVs have for the adhesives market ?
The growing adoption of BEVs increases demand for advanced adhesives tailored to battery and structural applications, presenting opportunities for suppliers focused on high-performance bonding technologies.
Related Links:
Transportation Thermoset Compounds Market:
https://www.bundas24.com/blogs/202330/Applications-and-Growth-Drivers-of-Transportation-Thermoset-Compounds
Electrical & Electronics Thermoset Compounds Market:
https://www.omaada.com/blogs/288942/Electrical-Electronics-Thermoset-Compounds-Market-Trends-Outlook
Construction Thermoset Compounds Market:
https://payrchat.com/blogs/44700/construction-thermoset-compounds-market-stratview-research
Marine Structural Core Materials Market:
https://www.bundas24.com/blogs/173552/Future-Ready-Marine-Core-Materials-Enhance-Vessel-Performance
Meta Aramid Fiber Market:
https://tiktiktalk.com/blogs/45562/Meta-Aramid-Fiber-Market-to-Witness-Steady-Growth-Through-2034
Fiberglass Insulation Market:
https://joyrulez.com/blogs/117335/Future-Outlook-of-the-Fiberglass-Insulation-Market
Frp Water Wastewater Pipe Market:
https://community.wongcw.com/blogs/1131104/From-Corrosion-to-Confidence-Why-FRP-Pipes-Lead-in-Water
Epoxy Resin Market In Pressure Vessels For Alternative Fuels:
https://webyourself.eu/blogs/1669212/Market-Share-Analysis-Epoxy-Resin-Use-in-Pressure-Vessels-2021
Aerospace Engineered Coated Fabrics Market:
https://www.exoltech.net/blogs/242105/Aerospace-Engineered-Coated-Fabrics-Market-Study-on-Innovation-and-Performance
Glass Fiber Prepreg Market:
https://www.dr-ay.com/blogs/306692/Glass-Fiber-Prepreg-Market-Study-Offering-Insights-on-Latest-Advancements
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Adhesives Market to Reach USD 607.3 Million by 2032, Says Stratview Research here
News-ID: 4372397 • Views: …
More Releases from Stratview Research
Automotive Human Machine Interface Market to Reach USD 57.7 Billion by 2032, Say …
The Automotive Human Machine Interface Market encompasses systems that enable interaction between drivers/passengers and vehicle electronic controls, including touch, voice, and display interfaces. The market is forecast to reach USD 57.7 billion by 2032, expanding at a 10.6 % CAGR over the 2025-2032 period. The primary growth driver is the increasing integration of advanced display and interactive systems in vehicles, which structurally increases demand as OEMs prioritize digital cockpit experiences…
Satellite Antenna Market to Reach USD 30.0 Billion by 2032, Says Stratview Resea …
The Satellite Antenna Market encompasses antennas used for satellite communications across space, land, maritime, and airborne platforms. The market is forecast to reach USD 30.0 billion by 2032, growing at a CAGR of 19.5 % over the 2025-2032 period. Rapid deployment of Low Earth Orbit (LEO) satellite constellations is the primary growth driver, structurally increasing demand for advanced antennas capable of tracking fast-moving satellites and supporting higher data throughput. This…
Space Robotics Market to Reach USD 6.62 Billion by 2028, says Stratview Research
The Space Robotics Market refers to robotic systems designed to operate in the extreme environments of space, enabling tasks such as satellite servicing, resupply missions, surface mobility, deep space exploration, and in-orbit maintenance with high autonomy and durability. The market was valued at USD 4.43 billion in 2022 and is projected to grow to USD 6.62 billion by 2028 at a CAGR of 6.77% over 2023-2028. The growth is driven…
Electric Vehicle Polymers Market to Reach USD 280.2 Billion by 2030, Says Stratv …
The Electric Vehicle Polymers Market encompasses polymers used in electric cars to reduce vehicle weight while maintaining strength, insulation, and durability. The market is forecast to reach USD 280.2 billion by 2030, up from USD 32.8 billion in 2024, at a 42.3 % CAGR during 2025-2030. The dominant growth driver is the accelerating global adoption of electric vehicles, which structurally increases demand for lightweight, high-performance materials that improve vehicle range…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
