Product Code: ETC13408490 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market was valued at USD 1.9 Billion in 2024 and is expected to reach USD 6.3 Billion by 2031, growing at a compound annual growth rate of 20.00% during the forecast period (2025-2031).
The Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market is experiencing significant growth driven by the rising demand for electric vehicles (EVs) worldwide. Structural adhesives play a crucial role in bonding components within EV batteries, ensuring structural integrity and enhancing performance. Sealants are essential for preventing moisture and dust ingress, thus protecting the battery components. Additionally, thermal materials are crucial for managing heat dissipation within EV batteries, optimizing their efficiency and lifespan. The market is witnessing innovations in materials to meet the specific requirements of EV battery applications, including high thermal conductivity and resistance to harsh operating conditions. Key players in the market are focusing on research and development to introduce advanced products that cater to the evolving needs of the electric vehicle industry.
The Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market is experiencing significant growth driven by the increasing demand for electric vehicles worldwide. Key trends in this market include the shift towards lightweight and high-performance materials to improve battery efficiency and longevity, as well as the focus on enhancing thermal management capabilities to ensure optimal battery performance and safety. Opportunities lie in the development of advanced adhesive and sealant technologies that offer improved bonding strength and durability for battery assembly, as well as the innovation of thermal management materials that can efficiently dissipate heat generated during battery operation. Market players can also capitalize on the rising adoption of electric vehicles and the ongoing investments in EV battery production facilities to expand their market presence and drive revenue growth.
One of the key challenges faced in the Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market is the rapid pace of technological advancements in electric vehicle (EV) batteries. As battery technologies evolve to improve efficiency, energy density, and safety, manufacturers of structural adhesives, sealants, and thermal materials must continuously innovate to meet the changing demands of the market. Keeping up with the latest developments in battery technology requires substantial investments in research and development, as well as the ability to quickly adapt and customize products to suit different battery designs and specifications. Additionally, ensuring regulatory compliance and meeting stringent performance requirements further add complexity to the market landscape, making it essential for companies to stay agile and responsive to the evolving needs of EV battery manufacturers.
The Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market is primarily driven by the increasing demand for electric vehicles (EVs) worldwide, leading to a growing need for advanced materials that can enhance the performance and safety of EV batteries. Factors such as government initiatives promoting the adoption of electric vehicles, concerns about reducing carbon emissions, and advancements in battery technology are also fueling the market growth. Additionally, the focus on lightweighting vehicles to improve overall efficiency and range, along with the rising investments in research and development for innovative adhesive, sealant, and thermal materials, are further driving the market for structural materials in EV batteries. The market is expected to continue expanding as the automotive industry shifts towards electrification and sustainable practices.
Government policies related to the Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market vary by region but generally focus on promoting the adoption of electric vehicles (EVs) to reduce greenhouse gas emissions and combat climate change. Many governments offer incentives such as tax credits, rebates, and grants to encourage consumers to purchase EVs. Additionally, there are regulations in place to set emission standards for vehicles, which push automakers to produce more environmentally friendly models. Some governments also invest in research and development for EV technology, including structural adhesives, sealants, and thermal materials, to support the growth of the EV market and reduce reliance on traditional fossil fuel vehicles. Overall, government policies play a crucial role in shaping the market dynamics for these materials in the EV battery industry.
The Global Structural Adhesives, Sealants, and Thermal Materials market for EV batteries is poised for significant growth in the coming years due to the increasing demand for electric vehicles globally. Factors such as government incentives, environmental regulations, and the shift towards sustainable transportation solutions are driving the adoption of EVs, thereby boosting the demand for structural adhesives, sealants, and thermal materials used in battery manufacturing. Additionally, advancements in battery technology and the need for improved performance, safety, and reliability of EV batteries will further propel the market growth. Key players in the industry are focusing on research and development activities to innovate new products that meet the evolving requirements of the electric vehicle market, indicating a promising future outlook for the Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries market.
In the Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Asia holds a significant share due to the presence of key EV battery manufacturers in countries like China, Japan, and South Korea. North America is also a prominent market driven by the rapid adoption of electric vehicles in the United States and Canada. In Europe, stringent regulations promoting sustainable transportation are driving the demand for structural adhesives and sealants in EV batteries. The Middle East and Africa region is witnessing a gradual shift towards electric vehicles, creating opportunities for market growth. Latin America shows potential for growth as countries like Brazil and Mexico are focusing on expanding their EV infrastructure, leading to increased demand for thermal materials in EV batteries.
Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 & 2031F |
3.3 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market - Industry Life Cycle |
3.4 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market - Porter's Five Forces |
3.5 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Trends |
6 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, 2021 - 2031 |
6.1 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Structural Adhesives and Sealants, 2021 - 2031 |
6.1.3 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Thermal materials, 2021 - 2031 |
6.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Hybrid Electric Vehicles, 2021 - 2031 |
6.2.3 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Battery Electric Vehicles, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
7.1 North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
7.2 North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 Latin America (LATAM) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
8.1 Latin America (LATAM) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
9.1 Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
10.1 Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
11.1 Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Middle East Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Overview & Analysis |
12.1 Middle East Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Key Performance Indicators |
14 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market - Export/Import By Countries Assessment |
15 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market - Opportunity Assessment |
15.1 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market - Competitive Landscape |
16.1 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Revenue Share, By Companies, 2024 |
16.2 Global Structural Adhesives, Sealants, and Thermal Materials for EV Batteries Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |