EV adhesives are used in a variety of settings, including body-in-white, paint shops, powertrains, and gatherings. The adhesives used in electric vehicles have served as a defining factor for the market (EV). Electric automobiles, electric transportation, electric bicycles (2-wheelers), and electric trucks are among the types of electric vehicles taken into consideration. Metal, composite, and polymer have all been identified as important substrates for using EV adhesive.
This report presents in-depth analysis and thorough research on the global, regional, and key country markets for electric vehicle adhesives, covering several market sub-segments.
The rapid advancement of fresh technology will cause certain structural changes in the automotive sector in the near future. The manufacturing process will undergo a dramatic transformation thanks to artificial intelligence (AI) and machine learning, which will increase robotic uniformity, accuracy, and efficiency. OEMs are able to offer appealing features and support revenue development thanks to level 2 automation, which includes active safety systems and driver assistance. For the technology to evolve and for consumers to embrace level 4 autonomous vehicles, however, additional delays are anticipated.
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Segmentation of the Global Electric Vehicles Adhesives Market
Segmentation on the basis of Resin Type
- Polyurethane
- Epoxy
- Silicones
- Acrylics
- Cyanoacrylate
- Others
Polyurethane segment holds the highest market share due to its increasing use in the electric vehicles, as it connects to different materials in the cars.
Segmentation on the basis of Form
- Liquid
- Film
- Tape
- Others
Among these, liquid segment holds the highest market share. Liquid adhesives are highly recommended for the ability to form a long-lasting and strong bind with cotton and polymers. In fact, they're commonly seen in the interiors of electric vehicles. Liquid adhesives also help in the improvement of durability and optical properties.
Segmentation on the basis of Substrate
- Plastic
- Composite
- Metals
- Others
Here, the plastic segment holds a huge market share because plastics are proven to provide efficiency and long term effectiveness to electric vehicles.
Segmentation on the basis of Application
- Powertrain
- Exterior
- Hybrid electric vehicle
- Interior
- Pack Module bonding
- Battery Cell Encapsulation
- Others
Exterior segment is expected to become the largest market share. The exterior parts are in high demand because are required in high quantity.
Segmentation on the basis of Vehicle Type
- Electric Car
- Electric Bus
- Electric Bike
- Electric Truck
- Others
The light motor vehicle holds the largest market share as a result of its growing application in different sectors. The demand for light motor vehicles is growing at an excellent rate. The government's tough policies on electric mobility have hiked the rise of the light motor vehicle.
Top Key Players:-
- Arkema S.A.
- Ashland Inc.
- Avery Dennison Corporation
- Bostik S.A. (An Arkema Company)
- Delo Industrie Klebstoffe GmbH Co. KGaA
- DuPont de Nemours, Inc.
- Dymax Corporation
- Evonik Industries AG
- B. Fuller Company
- Henkel AG Co. KGaA
- Illinois Tool Works Inc.
- Jowat Se
- KGaA
- LL Products
- LORD Corporation
- Lord Corporation
- Metlok Private Limited.
- Permabond LLC
- Permabond LLC.
- Ppg Industries
- PPG Industries, Inc.
- Ried B.V.
- Sika AG.
- Wacker Chemie AG
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Frequently Asked Questions (FAQ):
- What is the major driver influencing the growth of the EV Adhesives Market?
- How is the EV Adhesives Market segmented by type?
- What is the major challenge in the EV Adhesives Market?
- How is the EV adhesives market segmented by the application?
- What are the major opportunities in the EV Adhesives Market?
- How is the EV adhesives market is segmented by resin type?
- Which region has the largest market for EV adhesives?
- How is the market segmented by vehicle type?
- How market is segmented based on region?
- On the basis of region, the market is segmented into North America, Europe, APAC, and Rest of World.
- Who are the major manufacturers of EV adhesives?
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