Electronic Adhesives Market Growth, Players, and Analysis 2031

Analyst Perspective

The global electronic adhesives market is anticipated to register a CAGR of ~6%. Advancements in electronic technologies and increased demand for flexible and wearable electronics are major growth-driven factors for the electronic adhesive market. High operation costs, volatile raw material prices, and environmental guidelines related to VOC contents are restraining factors for the growth of the electronic adhesives market. Miniaturization of electrical devices such as laptops and mobiles has increased the usage of adhesives in encapsulation, and conformal coating types of applications are growth-driven factors for the electronic adhesive market. Overall, the demand for electronic adhesives will likely increase in the forecasted period due to technological advancement and innovation of new electronic devices.

Market Overview 

Electronic adhesives are an integral part of the electronics industry, facilitating the bonding of various components. These adhesives are needed to bond and protect components that are becoming smaller, more delicate, and more complex. Electronic adhesives are common types: epoxy, polyurethane, acrylic, and others. The increased adoption of flexible electronics is an emerging trend in the electronics market that is expected to accelerate the demand for specialized adhesives. Flexible electronics refer to electronic devices and circuits designed to be bendable, stretchable, and conformable to various surfaces. The market of electronic adhesives is estimated to grow in a forecasted period owing to increased demand for electronic adhesives in the automotive and healthcare sectors.

Market Drivers

• Emerging trend for miniaturization in electronics

The demand for smaller, lighter electronic devices drives the need for advanced electronic adhesives. Manufacturers constantly strive to reduce the size and weight of their products while maintaining their performance, as consumers demand more compact devices.

• Increasing production of electronic devices

The increase in the production of electronic devices such as smartphones and smartwatches fuels the demand for electronic adhesives used in assembly and packaging.

• Increase in demand for electronics in the healthcare sector

Electronic components are a valuable part of devices in the healthcare sector. Medical electronic devices include pacemakers, hearing aids, drug-releasing pumps, and diagnostic equipment for monitoring, measuring, and recording body functions such as brain waves and heartbeats.

Market Segmentation

The global electronic adhesives market is segmented based on resin type and application. The global electronic adhesives market is segmented based on resin type into epoxy, silicone, acrylic, polyurethane, and others. The electronic adhesives market is segmented based on application into consumer electronics, semiconductor packaging, automotive electronics, aerospace, and others.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives an overview and forecast of the global electronic adhesives market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The Electronic adhesives market by region is also sub-segmented by respective countries and segments. The Electronic adhesives market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.

The report analyses factors affecting the electronic adhesives market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the Electronic adhesives market in these regions.

Key Players

The reports cover vital organic and inorganic growth strategy developments in electronic adhesives. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were partnerships & collaborations, and acquisitions. These activities have paved the way for the development of the business and customer base of market players. The market players in the Electronic adhesives market are anticipated to have lucrative growth opportunities with the increasing demand for electronic devices globally.

The report includes key companies' profiles, SWOT analysis, and electronic adhesives market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the electronic adhesives market.

• DOW
• HB Fuller
• 3M Company
• henkel ag & co
• Arkema group
• Sika ag
• RPM International
• Dymax corporation
• Covestro Ag
• Avery dennision

REGIONAL FRAMEWORK

Electronic Adhesives Market Report Analysis

MARKET PLAYERS

Electronic Adhesives Market Report Scope