Global Market Size of Electric Vehicle Adhesive Market – 10 Year Market Forecast

Chemicals

Electric Vehicle Adhesive Market Size Forecast 2022-2029

 

The size of the global electric vehicle adhesives market is expected to reach a value of USD 1.02 billion in 2022 to USD 3.54 billion by 2029, at an estimated CAGR of 19%. The cumulative market size over the forecast period is calculated to be USD 19 billion. The APAC region should represent the largest segment of the electric vehicle adhesives market. In the resin type segment of the study, polyurethane holds the largest market share followed by silicone as the second-largest segment. The scope for growth of autonomous vehicles provides lucrative opportunities for electric vehicle adhesive producers.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database is a cloud based business intelligence tool that can be used by decision makers to study relevant markets.
• How is the electric vehicle adhesives market segmented?

• The electric vehicle adhesives market is segmented by resin type, region wise and by form.
• What is the key driver influencing the growth of the electric vehicle adhesives market?

• Increased investments by the automobile sector due to strict government standards and purchase incentives for customers acts as the key driver influencing the growth of the market.
• What are the major oppurtunities in the market for electric vehicle adhesives?

• The potential for the growth of autonomous electric vehicle offers major oppurtunities in the EV adhesives market.
• Which resin types have been covered in this report?

• Epoxy, polyurethene, acrylics, silicone and others are the types of resins covered in this report.

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