India Electric Vehicle Adhesive Market Outlook Scenario Planning & Strategic Insights for 2034

India Electric Vehicle Adhesive Market Size, Share & Growth Projections 

The India electric vehicle adhesive market is set to grow from USD 127.81 million in 2025 to USD 1973.27 million by 2034, with an expected CAGR of 35.54% over the forecast period from 2025 to 2034.

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Introduction

The India electric vehicle adhesive market is a prominent sector of the automotive industry. This industry deals in manufacturing and distribution of adhesives for the EV industry across India. There are various types of resins used in the production of these adhesives including epoxy, polyurethane, silicon resins, acrylic resins and some others. These adhesives are available in different forms consisting of liquid, films and tapes, paste and some others. It finds application in structural and battery components in EVs. The rising application of adhesives in electric two-wheeler has boosted the industrial expansion. This market is expected to rise significantly with the growth of the EV sector in different parts of India.

• According to the India Brand Equity Foundation, around 66003 electric two-wheelers were sold in February 2023 that increased to 86067 in March 2023.

Highlights of the India Electric Vehicle Adhesive Market

• Mumbai held the largest share of the India electric vehicle adhesive market.
• Bangalore is expected to grow with a significant CAGR during the forecast period.
• By resin type, the polyurethane adhesives segment led the industry.
• By application, the battery segment held a dominant share of the market.
• By foam type, the liquid adhesives segment is projected to rise with a significant CAGR during the forecast period. 
• By vehicle type, the electric cars held the largest portion of the industry.
• By sales channel, the OEM segment is anticipated to grow with the fastest growth rate during the forecast period.

India Electric Vehicle Adhesives: Trends in the Industry

• Numerous electric vehicle startups are developing electric scooters and e-bikes to solve the problems of traffic congestion across India. For instance, in March 2025, Ultraviolet launched Tesseract in India. Tesseract is an electric scooter that comes with advanced features such as onboard navigation, 34-litre underseat storage, 7-inch TFT touchscreen, ride analytics, towing alert and some others.
• The market players of adhesives are opening up new production plants in different parts of India to cater the demands of the EV industry. For instance, in April 2024, Toyo Ink opened a new production facility in Gujarat, India. This new manufacturing plant is inaugurated for expanding the production capacity of solvent-based adhesives in India.
• Government of India has announced to invite other nations to invest in the EV industry across the country. For instance, in February 2025, the government of India invited EU companies for investing in EV industry. This initiative is expected to bolster the EV sector across India.
• The EV brands are launching luxury vehicles to fulfill the demands of the elite-class people of India. For instance, in October 2024, Kia launched EV9 in India. EV9 is a luxury SUV that is integrated with superior features such as advanced driver assistance systems (ADAS), cruise control, massaging seats and some others.

Resin Type Insights

The polyurethane adhesives segment led the industry. The growing developments in polymer manufacturing sector has boosted the market expansion. Also, the rising application of these adhesives for several EV applications such as battery pack construction, structural bonding, vibration damping, encapsulation and some others is driving the industrial growth. Moreover, numerous advantages of polyurethane adhesives including flexibility, durability, strong bonding, eco-friendliness and some others is expected to propel the growth of the India electric vehicle adhesive market.

• In April 2023, Pidilite announced a joint venture with Jowat. This joint venture is done for launching a polyurethane-based adhesives in India for the EV sector.

Application Insights

The battery segment held a dominant share of the market. The technological advancements in the battery manufacturing industry has boosted the market growth. Also, the rising emphasis on developing solid-state batteries for EVs along with rapid investment by automotive companies in EV battery sector is crucial for the industrial expansion. Moreover, the increasing application of epoxy adhesives for EV battery assembling is expected to foster the growth of the India electric vehicle adhesive market.

• In September 2024, MG announced to launch a solid-state EV battery in India. This battery is designed for the upcoming EVs of Morris Garage.

Foam Type Insights

The liquid adhesives segment is projected to rise with a significant CAGR during the forecast period. The rising demand for liquid adhesives from the EV sector has boosted the market expansion. Also, the growing emphasis on developing eco-friendly liquid adhesives is crucial for the industrial growth. Moreover, the increasing adoption of liquid adhesives in EV sector for enhancing vibration damping and sealing activities is projected to propel the market growth.

Vehicle Type Insights

The electric cars held the largest portion of the industry. The rising demand for electric SUVs in different parts of India has driven the market growth. Also, numerous government initiatives aimed at developing the EV infrastructure along with technological advancements in EV sector is crucial for the industrial expansion. Moreover, the presence of several market players such as Tata, Mahindra, Ola Electric and some others is expected to boost the growth of the India electric vehicle adhesive market.

• In February 2025, Mahindra and Mahindra launched BE 6 and XEV 9e in India. These EVs are integrated with advanced technologies such as DAS suite, a 12.3-inch touchscreen, a panoramic sunroof, 65W USB Type-C charging ports, rear AC vents and some others.

• According to the annual report of Mahindra and Mahindra, around 46109 EVs were sold in 2023 that increased to 74217 in 2024.

Sales Channel Insights

The OEM segment is anticipated to grow with the fastest growth rate during the forecast period. The rising consumer preference for purchasing genuine adhesives products has driven the market expansion. Also, the adhesive manufacturing companies are opening up new stores for enhancing the sales across India, thereby driving the market expansion. Additionally, the automotive OEMs are collaborating with adhesive brands for developing advanced adhesives for the EV industry that in turn is expected to boost the growth of the India electric vehicle adhesive market.

Geographical Insights

In India, Mumbai is a major contributor of the India electric vehicle adhesive industry. In Mumbai, the market is generally driven by the presence of several adhesive companies such as Superbond Adhesives, Kohesi Bond, Mario Industries Private Limited and some others. Also, the rising investment by public sector entities for strengthening the EV sector is crucial for the market expansion. Moreover, the growing awareness on adopting sustainable transportation and launches of EV-based ride hailing services has driven the market growth.

• In January 2025, BluSmart launched EV cab services in Mumbai. This cab service is launched for enhancing eco-friendly transportation in Mumbai.

Bangalore is another prominent city that contributes significantly to the market expansion. In Bangalore, the market is generally driven by the rise in number of EV startups along with technological advancements in battery manufacturing sector. Also, several government initiatives aimed at strengthening the EV infrastructure has played a significant role in shaping the industrial landscape. Moreover, the growing demand for e-bikes coupled with presence of several adhesive brands such as Valco Melton Engineering India Pvt Ltd, Aim Solder India Private Limited, Dopag India Pvt. Ltd. and some others is proliferating the market growth.

• In February 2025, the government of Karnataka announced to invest around US$ 5.755 billion. This investment is done for strengthening the EV sector across cities such as Bangalore and Mysore.

Industry Leader Announcement

• In May 2023, Holger Schuh, the global senior manager thermal technologies at Henkel made an announcement stating that, “Loctite TLB 9300 APSi is a testament to Henkel’s continued efforts to innovate new e-mobility solutions tailored to solve today’s battery manufacturing challenges and enable the next-generation designs of tomorrow. Its immediate adoption by a major battery manufacturer demonstrates our close partnership with key players in the e-mobility industry to help advance change.”

Competitive Landscape

The India electric vehicle adhesive market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Jubilant Ingrevia Ltd, Astral Adhesives, Pidilite Industries Limited, HP Adhesives, Super Bond Adhesives, Asian Paints Ltd. and some others. These companies are constantly engaged in manufacturing adhesives for the EV sector in India and adopting numerous strategies such as business expansion, acquisition, product launches, collaboration, and some others to maintain their dominant position in this industry. For instance, in February 2025, Superbond Adhesives announced to open a new adhesive plant in Gujarat, India. This new production facility is expected to manufacture 300 metric tons of adhesives each month.

Recent Developments

• In September 2024, Covestro opened a new manufacturing plant in Gujarat, India. This production facility is inaugurated to manufacture adhesives products for several sectors including automotive, construction, electronics and some others.
• In July 2024, Henkel unveiled a new production facility in Pune, Maharashtra. This new manufacturing plant is inaugurated for manufacturing high-performance adhesive solutions for the automotive sector.
• In February 2024, Blackbuck EV collaborated with Sika Automotive. Through this collaboration, Sika automotive will deliver adhesives to Blackbuck EV.

India Electric Vehicle Adhesive Market Segments

By Application

• Structural Application in EVs
• Battery Application in EVs

By Resin Type

• Epoxy
• Polyurethane
• Silicon Resins
• Acrylic Resins
• Others

By Form Type

• Liquid
• Films and Tapes
• Paste

By Vehicle Type

• Electric Cars
• Electric Buses
• Electric 2W (Bikes, Scooters, Mopeds)
• Electric 3W (Autos, Motor Tricycles, etc.)
• Electric Trucks

By Sales Channel

• OEMs
• Aftermarket