Adhesive for Batteries Market – View in Detailed Research Report

The Global Adhesive for Batteries market was valued at USD 12,500 million in 2023 and is projected to reach USD 18,200 million by 2030, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Adhesive for Batteries market is estimated to increase from USD 3,200 million in 2022 to reach USD 4,800 million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Adhesive for Batteries market is estimated to increase from USD 2,800 million in 2022 to reach USD 4,500 million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Adhesive for Batteries market is estimated to increase from USD 2,500 million in 2022 to reach USD 3,900 million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The U.S. Market is Estimated at USD 3,200 million in 2023, While China is Forecast to Reach USD 4,500 million.
Structural Adhesive Segment to Reach USD 7,500 million by 2030, with a 6.8% CAGR in next six years.
The global key manufacturers of Adhesive for Batteries include SIKA, DOW, Henkel, Huntsman Corporation, 3M, Wacker, Arkema, Shin-Etsu and Momentive, etc. in 2023, the global top five players have a share approximately 35% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Adhesive for Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Adhesive for Batteries. This report contains market size and forecasts of Adhesive for Batteries in global, including the following market information:

• Global Adhesive for Batteries Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global Adhesive for Batteries Market Sales, 2019-2024, 2025-2030, (Tons)
• Global top five Adhesive for Batteries companies in 2023 (%)

We surveyed the Adhesive for Batteries manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

• Structural Adhesive
• Thermal Conductive Adhesive

• Consumer Battery
• Power Battery
• Energy Storage Battery

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

• Key companies Adhesive for Batteries revenues in global market, 2019-2024 (Estimated), ($ millions)
• Key companies Adhesive for Batteries revenues share in global market, 2023 (%)
• Key companies Adhesive for Batteries sales in global market, 2019-2024 (Estimated), (Tons)
• Key companies Adhesive for Batteries sales share in global market, 2023 (%)

• SIKA
• DOW
• Henkel
• Huntsman Corporation
• 3M
• Wacker
• Arkema
• Shin-Etsu
• Momentive
• BASF

🔟 1. SIKA

Headquarters: Aachen, Germany
Key Offering: Structural and Thermal Adhesives for Battery Assemblies

SIKA is a leading global adhesive manufacturer with a strong presence in the battery sector, providing high-performance bonding solutions for battery modules and packs.

Sustainability Initiatives:

• Reducing VOC emissions in adhesive production
• Developing bio-based adhesive formulations
• Investing in circular economy packaging

9️⃣ 2. DOW

Headquarters: Midland, Michigan, USA
Key Offering: High-temperature and conductive adhesives for electric vehicle batteries

DOW’s battery adhesive portfolio focuses on durability and thermal management, ensuring reliability under high load conditions.

Sustainability Initiatives:

• Carbon-neutral manufacturing plants
• Partnerships with EV OEMs for low-emission supply chains
• R&D in low-flammability adhesives

8️⃣ 3. Henkel

Headquarters: Düsseldorf, Germany
Key Offering: Adhesive and sealant solutions for battery modules and packaging

Henkel’s adhesive technology enhances electrical connectivity and protects battery cells from environmental stress.

Sustainability Initiatives:

• Zero-waste production processes
• Use of renewable raw materials
• Lifecycle assessment for adhesive products

7️⃣ 4. Huntsman Corporation

Headquarters: Houston, Texas, USA
Key Offering: Functional adhesives for battery separators and interconnects

Huntsman’s products provide superior mechanical strength and chemical resistance in battery assemblies.

Sustainability Initiatives:

• Energy-efficient manufacturing
• Recycling of adhesive waste streams
• Development of biodegradable adhesive options

6️⃣ 5. 3M

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Thermal conductive adhesives and electrical bonding solutions

3M’s adhesives are widely used in battery modules for heat dissipation and secure electrical connections.

Sustainability Initiatives:

• Reducing greenhouse gas emissions across the supply chain
• Innovations in low-flammability adhesives
• Commitment to 100% renewable energy by 2035

5️⃣ 6. Wacker

Headquarters: Munich, Germany
Key Offering: Advanced silicone adhesives for battery encapsulation

Wacker’s silicone solutions offer excellent temperature stability and long-term reliability for battery packs.

Sustainability Initiatives:

• Reduced water consumption in production
• Investment in renewable energy projects
• Eco-friendly packaging initiatives

4️⃣ 7. Arkema

Headquarters: Paris, France
Key Offering: High-performance polymer adhesives for battery cells

Arkema’s adhesives provide superior adhesion strength and chemical resistance for battery manufacturing.

Sustainability Initiatives:

• Carbon footprint reduction targets
• Use of bio-based monomers
• Efficient waste management programs

3️⃣ 8. Shin-Etsu

Headquarters: Tokyo, Japan
Key Offering: Adhesives for battery electrode fabrication

Shin-Etsu supplies high-precision adhesives that improve electrode performance and manufacturing yield.

Sustainability Initiatives:

• Waterless adhesive manufacturing
• Energy-saving production lines
• Research into green chemistry

2️⃣ 9. Momentive

Headquarters: Westlake, Ohio, USA
Key Offering: Thermally conductive and structural adhesives for battery packs

Momentive’s products enhance heat management and structural integrity in battery systems.

Sustainability Initiatives:

• Low VOC formulation development
• Recycling of adhesive waste
• Carbon-neutral production goals

1️⃣ 10. BASF

Headquarters: Ludwigshafen, Germany
Key Offering: Functional adhesives for battery manufacturing and packaging

BASF’s adhesive solutions are integral to battery assembly, offering high strength and chemical resistance.

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🌍 Outlook: The Future of Adhesive for Batteries

The adhesive for batteries market is evolving rapidly, driven by the exponential growth of electric vehicles and renewable energy storage solutions. Manufacturers are investing heavily in high-performance bonding technologies to meet stricter safety and performance standards.

📈 Key Trends Shaping the Market:

• Rapid adoption of conductive adhesives for EV battery packs
• Regulatory push for low-flammability and eco-friendly formulations
• Digitalization of supply chains and quality tracking
• Strategic alliances between adhesive suppliers and battery OEMs

Adhesive for Batteries Market – View in Detailed Research Report