Electric Vehicle Adhesives Market to Reach $14.29 Billion by 2030

Electric Vehicle Adhesives Market by Vehicle Type (Electric Trucks, Electric Buses, Electric Bikes, Electric Cars), Resin (Epoxy, Silicon, Polyurethane, Acrylics, Others), Application, Form, Substrate, End Use and Geography – Global Forecast to 2030

The Electric Vehicle Adhesives Market is projected to reach $14.29 billion by 2030, at a CAGR of 56% from 2023 to 2030. The growth of the electric vehicle adhesives market is attributed to the growing demand for EVs, the increasing demand for efficient and advanced bonding solutions in EVs, and the increasing adoption of adhesives in EVs for battery assembly. Also, the increasing demand for sustainable and eco-friendly adhesives solutions and the adoption of autonomous electric vehicles are expected to offer significant growth opportunities for players in the electric vehicle adhesives. However, the availability of mechanical fasteners may hinder the growth of this market.