Electric Vehicles Adhesives Market to Hit Growth 34.1% by 2027 researchcmfe.com

The Global Electric Vehicle Adhesives Market was valued at USD 315.8 Mn in 2020 and is expected to reach USD 2,468.5 Mn by 2027, with a growing CAGR of 34.1 % during the forecast period. The electric vehicle adhesives market is majorly growing owing to the increasing popularity of electric vehicles among consumers. This rising popularity of electric vehicles (EVs) is resulting in increased sales and production of EVs leading to higher demand for electric motors, batteries, instrument clusters, doors, infotainment systems, various panels, charging sockets, and seats.