EV ADHESIVES SECTOR SET FOR EXPLOSIVE GROWTH IN 2020s
November 2nd, 2020
The global electric vehicle (EV) adhesives market set to grow almost tenfold in the next four years, according to research analysts Markets and Markets, citing the increasing variety of bonding products offer “myriad of uses”.
In a report published last October (2019), it said annual global sales would reach USD223 million in 2019, growing to USD2.15 billion by 2024. (1)
A Transparency Market Research paper released in March (2020) said EV adhesives sales would hit USD3 billion by 2027. (2)
A spokesman for Markets and Markets told wardsauto: “As design ...
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