Global Electric Vehicle Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Powertrain System, Exterior, and Interior.

By Resin Type;

Epoxy, Polyurethane, Silicone, Acrylic, and Others.

By Form;

Liquid, Film & Tape, and Others.

By Vehicle Type;

Electric Car, Electric Bus, Electric Bike, and Electric Truck.

By Substrate;

Polymer, Composite, Metal and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn284225978 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Vehicle Adhesives Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Vehicle Adhesives Market was valued at USD 720.09 million. The size of this market is expected to increase to USD 5,300.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 33.0%.

The global electric vehicle (EV) adhesives market is witnessing significant growth as the automotive industry transitions towards electrification. Adhesives play a crucial role in the manufacturing and assembly of electric vehicles, providing essential benefits such as weight reduction, improved structural integrity, and enhanced safety. These adhesives are used in various applications, including bonding lightweight materials, sealing battery packs, and assembling electric vehicle components, which are critical for achieving the desired performance and efficiency of EVs.

The increasing adoption of electric vehicles is a key driver of the global EV adhesives market. Governments worldwide are implementing stringent regulations and incentives to promote the use of electric vehicles as part of their strategies to reduce carbon emissions and combat climate change. This regulatory push, combined with growing consumer awareness of environmental issues, is fueling the demand for electric vehicles and, consequently, the adhesives used in their production.

Technological advancements in adhesive formulations and the development of specialized adhesives for electric vehicles are also contributing to market growth. Innovations such as high-performance structural adhesives, thermal management adhesives, and conductive adhesives are enhancing the functionality and safety of electric vehicles. These advancements enable manufacturers to meet the demanding requirements of electric vehicle assembly, including battery insulation, lightweight construction, and resistance to extreme temperatures.

The global electric vehicle adhesives market faces challenges such as fluctuating raw material prices and the need for continuous innovation to meet evolving industry standards. However, the overall market trend remains robust, with significant opportunities for growth driven by the expanding electric vehicle market and ongoing technological advancements in adhesive technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Resin Type
    3. Market Snapshot, By Form
    4. Market Snapshot, By Vehicle Type
    5. Market Snapshot, By Substrate
    6. Market Snapshot, By Region
  4. Global Electric Vehicle Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing EV adoption rates
        2. Advances in adhesive technology
        3. Stringent environmental regulations
        4. Increasing vehicle range requirements
      2. Restraints
        1. High raw material costs
        2. Limited adhesive performance data
        3. Complex manufacturing processes
        4. Regulatory compliance challenges
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in adhesive formulations
        3. Rising demand for lightweight materials
        4. Partnerships with automotive manufacturers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Electric Vehicle Adhesives Market, By Application, 2021 - 2031 (USD Million)
      1. Powertrain System
      2. Exterior
      3. Interior
    2. Global Electric Vehicle Adhesives Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Epoxy
      2. Polyurethane
      3. Silicone
      4. Acrylic
      5. Others
    3. Global Electric Vehicle Adhesives Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid
      2. Film & Tape
      3. Others
    4. Global Electric Vehicle Adhesives Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Electric Car
      2. Electric Bus
      3. Electric Bike
      4. Electric Truck
    5. Global Electric Vehicle Adhesives Market, By Substrate, 2021 - 2031 (USD Million)
      1. Polymer
      2. Composite
      3. Metal
      4. Others
    6. Global Electric Vehicle Adhesives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M
      2. Henkel AG & Co
      3. Sika AG
      4. Dow Inc
      5. H.B. Fuller
      6. LORD Corporation
      7. BASF SE
      8. Arkema S.A
      9. Avery Dennison Corporation
      10. Wacker Chemie AG
  7. Analyst Views
  8. Future Outlook of the Market