Electric Vehicle Adhesives Market Surges, Expected to Reach $421 Billion with 24% CAGR: Insights, Share Analysis, Company Profiles

According to Kalkine Media, Exactitude Consultancy, published a report  titled, “Electric Vehicle Adhesives Market, 2024-2030, which states that 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.

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.