MarketResearch.biz delivers in-depth insights on the global electronics adhesives market in its upcoming report titled, “Global Electronics Adhesives Market Trends, Applications, Analysis, Growth, and Forecast to 2026”. The global electronics adhesives market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electronics adhesives market has been segmented on the basis of product type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
An adhesive is used to bind substances together. Electronic adhesives are extensively used for manufacturing and assembling of electronic circuits and products. They are mainly used in encapsulating components, wire tracking, and for surfacing mount components. Electronic adhesives are produced mainly from raw materials such as epoxies, silicones, polyurethanes, cyanoacrylates, and polysulfides. Electronics industry is a broad economic sector, which covers advanced technologies in productive, industrial and consumer goods market. Electronics industry is a flourishing sector, which is growing at a rapid pace owing to inventions in novel technologies coupled with customers inclining towards advanced forms of electronic devices and systems.
Miniaturization of existing electronic products resulting in increasing usage of electronics adhesives is a major factor driving growth of the global electronic adhesives market over the forecast period. Moreover, rising demand for electronic adhesives from automobile sector globally is another factor boosting growth of the global electronics adhesives market. Electronic adhesives find their applications in collision avoidance systems, engine status displays, power electronic modules, anti-theft systems, and LED packaging.
However, huge installation costs involved in electronics products, assembly and lamination, and packaging of advanced machinery are hampering, growth of the electronic adhesive market. High costs associated with raw materials used for manufacturing of electronics adhesives, is also, projected to limit growth of the global electronics adhesives market, over the forecast period.
A major and rising trend in the target market is increasing adoption of electronics adhesives for use in smartphones, tablets, and laptops. This trend is expected to continue over the forecast period.
Currently, market in Asia Pacific accounts for highest market share in the global electronics adhesives market in terms of revenue, owing to the, increasing high technological advancements, growing manufacturing industries, availability of cheap labor, and increasing electronic adhesives-based application patents in the region. In addition, support from regulatory bodies for enhancement of electronic adhesives driving growth of the global electronic adhesives market in the region. China is the largest market for electronic adhesives in the Asia-Pacific region, owing to the rising owed demand for electronics adhesives, rising urbanization, and high adoption of advanced techniques. North America is another dominant region in the electronic adhesives market, owing to increasing export activities of electronic goods mainly from the US is expected drive growth of the global market in the region.
Global Electronics Adhesives Market Segmentation:
By product type:
- Electrically Conductive
- Thermally Conductive
- Ultraviolet Curing
- Conformal Coating
- Surface Mounting
- Wire Tacking
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- The Dow Chemical Company
- Alent Plc
- Henkel Ag & Co. KGaA
- KYOCERA Chemical Corporation
- Hitachi Chemical Company Ltd.
- B. Fuller Company
- LG Chem, Ltd.
- 3M Company
- Indium Corporation
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