1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 MARKET SCOPE 22
1.3.1 MARKET SEGMENTATION 22
1.3.2 YEARS CONSIDERED FOR THE STUDY 22
1.4 CURRENCY 23
1.5 UNIT CONSIDERED 23
1.6 STAKEHOLDERS 23

2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
2.1.1 SECONDARY DATA 25
2.1.1.1 Key data from secondary sources 25
2.1.2 PRIMARY DATA 26
2.1.2.1 Key data from primary sources 26
2.1.2.2 Key industry insights 27
2.1.2.3 Breakdown of primary interviews 27
2.2 MARKET SIZE ESTIMATION 28
2.2.1 SUPPLY SIDE 28
2.2.2 DEMAND SIDE 28
2.3 DATA TRIANGULATION 30
2.4 ASSUMPTIONS 31

3 EXECUTIVE SUMMARY 32

4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN THE EV ADHESIVES MARKET 36
4.2 APAC EV ADHESIVES MARKET, BY VEHICLE TYPE AND COUNTRY 36
4.3 EV ADHESIVES MARKET, BY RESIN TYPE 37
4.4 EV ADHESIVES MARKET, BY VEHICLE TYPE 37
4.5 EV ADHESIVES MARKET, BY MAJOR COUNTRIES 38

5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 39
5.2.1 DRIVERS 40
5.2.1.1 Requirement for lightweight, crashworthiness, and safety will drive use of adhesives in electric vehicles 40
5.2.1.2 Automobile manufacturers increasingly investing in EV due
to government regulations and purchase incentives 40
5.2.2 RESTRAINTS 41
5.2.2.1 High upfront cost of electric vehicles and limited availability
of charging stations 41
5.2.2.2 Lack of standardization 41
5.2.3 OPPORTUNITIES 41
5.2.3.1 Scope for growth of autonomous electric vehicle 41
5.2.4 CHALLENGES 41
5.2.4.1 Limited range of electric vehicle 41
5.3 PORTER’S FIVE FORCES ANALYSIS 42
5.3.1 THREAT OF NEW ENTRANTS 42
5.3.2 THREAT OF SUBSTITUTES 43
5.3.3 BARGAINING POWER OF SUPPLIERS 43
5.3.4 BARGAINING POWER OF BUYERS 43
5.3.5 INTENSITY OF RIVALRY 44
5.4 VALUE CHAIN ANALYSIS 44
5.5 YC, YCC DRIVERS 45

6 EV ADHESIVES MARKET, BY APPLICATION 46
6.1 INTRODUCTION 47
6.2 POWERTRAIN SYSTEM 49
6.2.1 INCREASING DEMAND FOR ADHESIVES IN BATTERY PACKS IS EXPECTED
TO SPUR THE DEMAND FOR EV ADHESIVES 49
6.3 EXTERIOR 50
6.3.1 STRUCTURAL ADHESIVES WIDELY USED TO ADDRESS CRASHWORTHINESS AND SAFETY ISSUES OF BATTERY SYSTEMS 50
6.4 INTERIOR 52
6.4.1 NEED FOR IMPROVED PERFORMANCE & AESTHETICS TO DRIVE THE
DEMAND FOR EV ADHESIVES IN VEHICLE INTERIORS 52

7 EV ADHESIVES MARKET, BY RESIN TYPE 54
7.1 INTRODUCTION 55
7.2 EPOXY 56
7.2.1 EPOXY DELIVERS THE HIGHEST STRENGTH AND DURABILITY AMONGST STRUCTURAL ADHESIVES 56
7.3 POLYURETHANE 57
7.3.1 HIGH ELONGATION AND STRONGER BONDING DRIVING CONSUMPTION
OF POLYURETHANE ADHESIVES 57
7.4 SILICONE 58
7.4.1 INCREASING PENETRATION OF ADVANCED DRIVER ASSISTANCE SYSTEMS
IN EV TO DRIVE DEMAND FOR THIS SEGMENT 58
7.5 ACRYLIC 59
7.5.1 APAC TO BE LARGEST AND FASTEST-GROWING MARKET FOR
ACRYLIC SEGMENT 59
7.6 OTHERS 60

8 EV ADHESIVES MARKET, BY FORM 62
8.1 INTRODUCTION 63
8.2 LIQUID 64
8.2.1 INCREASING CONSUMPTION OF LIQUID ADHESIVES WITNESSED IN
BOTH EXTERIOR AND INTERIOR OF ELECTRIC VEHICLES 64
8.3 FILM & TAPE 65
8.3.1 FILM & TAPE USED FOR THERMAL MANAGEMENT TO MAINTAIN SAFETY
OF ELECTRIC VEHICLES 65
8.4 OTHERS 66
8.4.1 GROWING HOT-MELT ADHESIVE APPLICATION WILL DRIVE THE
OTHERS SEGMENT 66

9 EV ADHESIVES MARKET, BY VEHICLE TYPE 67
9.1 INTRODUCTION 68
9.2 ELECTRIC CAR 69
9.2.1 STRICTER EMISSION STANDARDS AND PURCHASE INCENTIVES AROUND
THE WORLD TO DRIVE THE DEMAND FOR ELECTRIC CAR 69
9.3 ELECTRIC BUS 70
9.3.1 CONCERN FOR CLEANER AIR IN CITIES ARE DRIVING THE GROWTH
OF ELECTRIC BUS 70
9.4 ELECTRIC BIKE 71
9.4.1 SOUTH ASIAN COUNTRIES EXPECTED TO BE LEADING MARKET
IN ELECTRIC BIKE SEGMENT 71
9.5 ELECTRIC TRUCK 72
9.5.1 USE OF ELECTRIC TRUCK INCREASING FOR URBAN DISTRIBUTION
AND REDUCTION OF CARBON FOOTPRINTS 72

10 EV ADHESIVES MARKET, BY SUBSTRATE 73
10.1 INTRODUCTION 74
10.2 POLYMER 75
10.2.1 ENGINEERING POLYMERS USED IN EVS TO SAVE WEIGHT WITHOUT COMPROMISING SAFETY 75
10.3 COMPOSITE 76
10.3.1 COMPOSITES WIDELY USED IN HIGH-END UTILITY ELECTRIC VEHICLES 76
10.4 METAL 77
10.4.1 APAC IS LARGEST AND FASTEST-GROWING MARKET FOR EV ADHESIVES
IN METAL SUBSTRATE 77
10.5 OTHERS 78
10.5.1 AUTONOMOUS EV EXPECTED TO DRIVE THE USE OF GLASS AND
CERAMICS IN THE FUTURE 78
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11 EV ADHESIVES MARKET, BY REGION 79
11.1 INTRODUCTION 80
11.2 NORTH AMERICA 81
11.2.1 US 86
11.2.1.1 Stringent regulations and decreasing battery price will
spur market growth 86
11.2.2 REST OF NORTH AMERICA 89
11.2.2.1 Demand for adhesives in Mexico increasing with growing investment in EV manufacturing 89
11.3 APAC 93
11.3.1 CHINA 97
11.3.1.1 China is largest market for EV adhesives 97
11.3.2 JAPAN 100
11.3.2.1 Rising adoption of EVs and presence of battery manufacturers
driving the market 100
11.3.3 INDIA 103
11.3.3.1 Increasing adoption of commercial electric vehicles by government agencies will foster market growth 103
11.3.4 SOUTH KOREA 106
11.3.4.1 Strong presence in battery manufacturing will drive the market 106
11.3.5 REST OF APAC 109
11.4 EUROPE 112
11.4.1 GERMANY 115
11.4.1.1 Germany is largest market for EV adhesives in Europe 115
11.4.2 FRANCE 118
11.4.2.1 Rising adoption of EVs and presence of battery manufacturers
driving the demand for adhesives in France 118
11.4.3 UK 122
11.4.3.1 Increasing demand for electric bus from metropolitan cities
of the UK will foster the market growth 122
11.4.4 SPAIN 125
11.4.4.1 Increasing demand for electric bikes and improving charging infrastructure will foster the market growth 125
11.4.5 REST OF EUROPE 128
11.5 REST OF WORLD (ROW) 131
11.5.1 BRAZIL 134
11.5.1.1 Large reserves of lithium spread across the country will
foster the market growth 134
11.5.2 OTHERS 137

12 COMPETITIVE LANDSCAPE 140
12.1 OVERVIEW 140
12.2 COMPETITIVE LEADERSHIP MAPPING, 2018 141
12.2.1 VISIONARY LEADERS 141
12.2.2 INNOVATORS 141
12.2.3 DYNAMIC DIFFERENTIATORS 141
12.2.4 EMERGING COMPANIES 141
12.3 STRENGTH OF PRODUCT PORTFOLIO 143
12.4 BUSINESS STRATEGY EXCELLENCE 144
12.5 COMPETITIVE SCENARIO 145
12.5.1 EXPANSION 145
12.5.2 MERGER & ACQUISITION 146
12.5.3 NEW PRODUCT LAUNCH 146
12.5.4 PARTNERSHIP & AGREEMENT 148

13 COMPANY PROFILES 149
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 HENKEL 149
13.2 H.B. FULLER 152
13.3 SIKA AG 155
13.4 3M 159
13.5 DOWDUPONT 162
13.6 WACKER CHEMIE AG 165
13.7 BOSTIK S.A. (AN ARKEMA COMPANY) 168
13.8 LORD CORPORATION 170
13.9 L&L PRODUCTS 172
13.10 JOWAT SE 173
13.11 ASHLAND 175
13.12 PPG INDUSTRIES 176
13.13 PERMABOND LLC. 178
13.14 DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA 180
13.15 UNISEAL, INC. 181
13.16 RI?D B.V. 182
13.17 ILLINOIS TOOL WORKS CORPORATION 183
13.18 DYMAX CORPORATION 184
13.19 WEICON GMBH & CO. KG 185
13.20 THREEBOND CO., LTD. 186
13.21 EVONIK INDUSTRIES AG 186
13.22 AVERY DENNISON 186
13.23 METLOK PRIVATE LIMITED. 186
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
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14 APPENDIX 187
14.1 DISCUSSION GUIDE 187
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 190
14.3 AVAILABLE CUSTOMIZATIONS 192
14.4 RELATED REPORTS 192
14.5 AUTHOR DETAILS 193