Global Electric Vehicle Adhesives Market was valued at USD 252.57 Million in 2022 and is expected to reach USD 1323.18 Million by the year 2030, at a CAGR of 23.4%

Vehicle manufacturers declared increasingly progressive electrification plans. The leading major 20 key players, which represented over 90% of new car registrations in 2020, 18 have stated plans to widen their portfolio of models and to rapidly augment the manufacturing of light-duty electric vehicles. The growth of electric cars is turned by critical policy changes endorsed by economies in electric mobility. These economies have launched stricter emission standards in addition to incentives for electric vehicles (EV) and are encouraging investments in the EVs industry value chain to bring price parity between EV and ICE vehicles. The application of adhesives in electric vehicles is even more extensive than their utilization in conventional automobiles. 

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The latest research on the Electric Vehicle Adhesives market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Electric Vehicle Adhesives industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Electric Vehicle Adhesives market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Electric Vehicle Adhesives Market include:

3M Company, Dupont (Dow Chemical), Ashland, Weicon GmbH & Co. KG, Avery Dennison, Bostik S.A. (An Arkema Company), Dymax Corporation, Evonik Industries AG, H.B. Fuller, Henkel, Illinois Tool Works Corporation, Jowat SE, Threebond Co.Ltd., Uniseal Inc and other major players. 

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Segmentation of Electric Vehicle Adhesives Market:

By Type

·         Plug-in Hybrid Electric Vehicle (PHEV)

·         Battery Electric Vehicle (BEV)

By Application

·         Pack & Module Bonding

·         Thermal Interface Bonding

·         Battery Cell Encapsulation

·         Other

Market Segment by Regions: -

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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