Global Polyurethane Adhesive for Power Batteries Market Growth 2024-2030

Global Polyurethane Adhesive for Power Batteries Market Growth 2024-2030

Polyurethane adhesives offer a good blend of cohesive strength and flexibility which makes them very tough, durable adhesives. Polyurethanes bond well to most unconditioned substrates but may require the use of solvent-based primers to achieve high bond strengths. They offer good toughness at low temperatures, but typically degrade in strength after long-term exposure over 302 °F (150°C). Polyurethane adhesives are supplied as one- and two-part systems in a wide range of viscosities. They cure to form thermoset polymers with good solvent and chemical resistance. It can be used in battery pack assembly in the new energy field.

The global Polyurethane Adhesive for Power Batteries market size is projected to grow from US$ 162.5 million in 2023 to US$ 306.2 million in 2030; it is expected to grow at a CAGR of 9.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Polyurethane Adhesive for Power Batteries Industry Forecast” looks at past sales and reviews total world Polyurethane Adhesive for Power Batteries sales in 2023, providing a comprehensive analysis by region and market sector of projected Polyurethane Adhesive for Power Batteries sales for 2024 through 2030. With Polyurethane Adhesive for Power Batteries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyurethane Adhesive for Power Batteries industry.

This Insight Report provides a comprehensive analysis of the global Polyurethane Adhesive for Power Batteries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyurethane Adhesive for Power Batteries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyurethane Adhesive for Power Batteries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyurethane Adhesive for Power Batteries and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyurethane Adhesive for Power Batteries.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyurethane Adhesive for Power Batteries market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Two-component
Single Component

Segmentation by application
Pure Electric Vehicle
Hybrid Electric Vehicle
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Henkel
3M
H.B. Fuller
Parker Lord
Huntsman
Hubei Huitian New Materials Co., Ltd
Arkema (Bostik)
Pustar Adhesives
Chase Corporation
Weldbond
Tex Year Group
Shanghai Huide Science and Technology Co., ltd.
Dongguan U-BOND Technology INC
Aozon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyurethane Adhesive for Power Batteries market?

What factors are driving Polyurethane Adhesive for Power Batteries market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polyurethane Adhesive for Power Batteries market opportunities vary by end market size?

How does Polyurethane Adhesive for Power Batteries break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.