The global Electric Vehicle Adhesives market is forecast to reach USD 282.3 Million by 2027, according to a new report by Reports and Data. The market is seeing an expanded interest from the pack & module bonding applications with increasing production of electric vehicles, and the market growth can be attributed to the shift in trend from welding and metal fasteners to adhesives since the latter contributes significantly to weight savings and lower carbon emissions. Moreover, governments of various nations have emphasized to encourage electric vehicle (EV) production and adoption, such as offering subsidies in the form of tax credits, tax deductions, and other benefits.
Adhesives play an essential role in EVs, not only by decreasing their weight but also by increasing their performance. Adhesives are used in many applications in EVs, such as connecting components and shielding them from shock and vibration damage, helping to allow a path to move heat away from modules and cells by isolating components and avoiding fire risk by minimizing shorts. For example, Henkel and Covestro, in March 2020, produced a method that was able to patch lithium-ion cylindrical battery cells in a plastic cell container. This technology will prove beneficial for both OEMs and customers, as it will provide the OEMs with a cost-effective large-scale cell assembly and customers with reduced EV costs. Increasing focus on business technical innovations is projected to have a significant impact on consumer development in the years ahead.
Key participants include 3M, Henkel, Wacker Chemie AG, H.B. Fuller, L&L Products, PPG Industries, Sika AG, Permabond, Ashland, and Jowat SE, among others.
To Get Sample Copy of Report visit @ https://www.reportsanddata.com/sample-enquiry-form/3204
Adhesives are used primarily in module and pack bonding, followed by thermal interface bonding and encapsulation of the battery cells. In EVs, serious concerns are the heat generation and thermal management. The battery manufacturers should, therefore, use thermal interface materials, such as adhesives, over mechanical fasteners for smooth operation. Adhesives used to bind thermal interfaces to possess stable thermal conductivity, mechanical flexibility, and resistance to vibration and environment.
For the purpose of this report, Reports and Data have segmented into the global Electric Vehicle Adhesives market on the basis of vehicle type, resin type, application, and region:
Vehicle Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Resin Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Pack & Module Bonding
Thermal Interface Bonding
Battery Cell Encapsulation
Regional Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Million; 2017-2027)
Browse Full Report @ https://www.reportsanddata.com/report-detail/electric-vehicle-adhes...
Key Insights offered in the report:
Business overview, product overview, significant market data, demand and supply ratio and overall industry chain analysis
The report encompasses different approaches and strategic business decisions undertaken by the key players of the market to gain a robust a footing
It describes in detail the production value, marketing strategies, distributors, and factors influencing the growth of the market
Strategic business expansion plans and alliances of the key players
Comprehensive analysis of the present trends and emerging trends of the market
Analysis and identification of the factors influencing the Electric Vehicle Adhesives market such as drivers, restraints, opportunities, and trends
Thank you for reading our report. To receive further information on the report or to enquire about its customization, please get in touch with us and get your report tailored according to your needs.
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370