Electronic Adhesives Market Size, Industry Forecast 2023-2028

The latest research study “Electronic Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global electronic adhesives market size reached US$ 5.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

Electronic adhesives refer to substances used for bonding and holding electrical components together. They are further manufactured by using polyurethanes, cyanoacrylate, polysulfide, silicones, epoxies, etc. Electronic adhesives can improve performance by providing excellent protection and layered security. Consequently, they find extensive applications in various sectors, such as consumer electronics, communications, industrial, medical, automotive, etc., across the globe.

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Electronic Adhesives Market Trends and Drivers:

The increasing utilization of these substances in surface-mounting, assembling substrates on printed circuit boards (PCBs) and semiconductors, potting and encapsulations, manufacturing and assembly of electronic circuits and products, etc., is primarily augmenting the electronic adhesives market. Furthermore, they protect the circuit board from harmful environmental factors, including moisture and corrosion, which is positively influencing the global market. Apart from this, the inflating digitization levels and the rising automobile sales with ease and security features via electronic systems are acting as significant growth-inducing factors. Moreover, the widespread adoption of these adhesives in the automotive sector for collision avoidance systems, engine status displays, anti-theft systems, power electronic modules, LED packaging, etc., is bolstering the market growth. Besides this, the introduction of bio-based electronic adhesives that reduce carbon dioxide (CO2) emissions, increase operational efficiency, promote a cleaner work environment, etc., is further catalyzing the global market. Additionally, the growing expenditure capacities of consumers, an enhanced focus on the production of sustainable and environmentally friendly products, such as halogen-free, solvent-free, lead-free, and low volatile organic compound (VOC) content, and the escalating demand for smartphones are expected to fuel the electronic adhesives market in the coming years.

Electronic Adhesives Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Who are the key players in the Electronic Adhesives Market?

• 3M Company
• Avery Dennison Corporation
• Bondline Electronic Adhesives Inc.
• Dow Inc.
• Dymax Corporation
• Evonik Industries AG
• H.B. Fuller Company
• Henkel Ag & Co. KGaA
• Heraeus Holding
• Huntsman Corporation
• Master Bond Inc. Permabond LLC

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The report has segmented the market on the basis of 

Form Insights:

• Paste
• Solid
• Liquid

The report has provided a detailed breakup and analysis of the electronic adhesives market based on the form. This includes paste, solid, and liquid.  According to the report, liquid represented the largest segment.

Product Type Insights:

• Electrically Conductive Adhesives
• Thermally Conductive Adhesives
• Others

A detailed breakup and analysis of the electronic adhesives market based on the product type has also been provided in the report. This includes electrically and thermally conductive adhesives and others.  According to the report, electrically conductive adhesives accounted for the largest market share.

Resin Type Insights:

• Epoxy
• Silicone
• Acrylics
• PU
• Others

The report has provided a detailed breakup and analysis of the electronic adhesives market based on the resin type. This includes epoxy, silicone, acrylics, PU and others. According to the report, epoxy represented the largest segment.

Application Insights:

• Consumer Electronics
• Computers and Servers
• Industrial
• Medical
• Automotive
• Communication
• Others

The report has provided a detailed breakup and analysis of the electronic adhesives market based on the application. This includes consumer electronics, computers and servers, industrial, medical, automotive, communication, and others. According to the report, communication represented the largest segment.

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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