Latest News- Electric Vehicle Adhesives And Sealants Market: Adhesives is expected to lead the Product segment during 2025-2029

The Electric Vehicle Adhesives And Sealants Market is being driven by Rising adoption of electric vehicles

The Electric Vehicle Adhesives And Sealants Market is expected to grow at a CAGR of 18.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1987 million. The electric vehicle (EV) adhesives and sealants market is experiencing substantial growth, driven by innovative new product launches from key industry players. Henkel Adhesive Technologies, for instance, recently introduced Loctite TLB 9300 APSi, an injectable thermally conductive adhesive tailored for EV battery systems. This groundbreaking solution, currently adopted by a major global EV battery manufacturer, offers both structural bonding and high thermal conductivity, streamlining manufacturing processes while effectively addressing thermal challenges in electric vehicles. With a thermal conductivity of 3 W/mK, electrical insulation properties, and robust bonding performance, Loctite TLB 9300 APSi is a game-changer in the EV industry, addressing critical manufacturing needs such as thermal management and sustainability. 

Get more information on Electric Vehicle Adhesives And Sealants Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Adhesives
  • Sealants
• Vehicle Type
  • Passenger vehicles
  • Commercial vehicles
  • Two-wheelers
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising adoption of electric vehicles
• Demand for enhanced battery performance
• Growth in EV charging infrastructure

However, the market also witnesses some limitations, which are as follows:

• Regulatory compliance
• Temperature sensitivity
• Volatile raw material prices

Benefits of Buying Global Electric Vehicle Adhesives And Sealants Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Electric Vehicle Adhesives And Sealants Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Electric Vehicle (EV) Adhesives and Sealants Market encompasses innovative solutions for green automotive applications, focusing on safety, component integration, thermal management, and sustainability. Advanced adhesives and sealants play a crucial role in structural bonding, battery pack performance, and battery design. Material science drives the development of high-performance adhesives and lightweight materials for battery pack assembly and production. Sustainability and renewable energy are at the forefront, with a focus on infrastructure, charging solutions, and infrastructure. Lightweight design, safety regulations, and collision safety are also key considerations. Innovation in heat dissipation, battery thermal management, and additives for adhesives further enhances battery pack integrity and safety standards. Component bonding and battery bonding are essential for optimal performance, while lightweight sealants ensure structural adhesives' effectiveness.

Market Research Overview

The global specialty chemicals market, encompassing manufacturers of high-value-added chemicals, is poised for significant expansion due to the increasing demand for specialized adhesives and sealants in the electric mobility sector. Factors such as the need for flexibility, thermal interface bonding, and thermal conductivity in battery manufacturing, including battery cell encapsulation and battery pack production, are driving this trend. Structural adhesives and welding solutions are also essential for ensuring crashworthiness in electric vehicles. This shift towards specialty adhesives and sealants will fuel the growth of the specialty chemicals market, as calculated by Technavio based on the combined revenue generated by these manufacturers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/