According to this latest study Global Electric Vehicle Adhesives Market was valued at USD 205.34 Million in 2021 and is expected to reach USD 894.70 Million by the year 2028, at a CAGR of 23.4% Analysis Period(2023-30)
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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Leading companies reviewed in the Electric Vehicle Adhesives Market report are:
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,L&L Products,Lord Corporation,Delo Industries Klebstoffe GmbH & Co. KGaA,Metlok Private Limited.,Permabond LLC.,Wacker Chemie AG,PPG Industries,Riëd B.V.,Sika AG,Threebond Co.Ltd.,Uniseal Inc and other major players.
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.
Segmentation of Electric Vehicle Adhesives Market:
By Type ,Electric Vehicle Adhesives has been segmented into:
Plug-in Hybrid Electric Vehicle (PHEV),Battery Electric Vehicle (BEV)
By Application, Electric Vehicle Adhesives has been segmented into:
Pack & Module Bonding,Thermal Interface Bonding,Battery Cell Encapsulation,Other
Market Segment by Regions and Countries Level Analysis:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Electric Vehicle Adhesives industry. The study categories the Electric Vehicle Adhesives industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
· Visualize the composition of the global Electric Vehicle Adhesives market products in terms of Product and application highlighting the critical commercial assets and players.
· Identify commercial opportunities in the global Electric Vehicle Adhesives market by analyzing trends and co-development deals.
· PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
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