The global demand for Electronic Adhesives Market is presumed to reach the market size of nearly USD by 2032 from USD in 2023 with a CAGR of 7.6% under the study period 2024 - 2032.Regarding volume, the market was calculated XX Kilo Tons in 2023 and forecast to touch XX Kilo Tons by 2032 with a CAGR of XX% during 2024-2032.
Electronic adhesives are the glues that are extensively used for assembling & manufacturing the electronic circuits & products together. Electronic adhesives are mainly produced from polyurethanes, silicones, epoxies, cyanoacrylates, and polysulfides. These adhesives are most commonly used in encapsulating components in printed board circuit (PCB), surface mount components, and others.
Market Dynamics
The growing electronics industry along with increasing use of electronic adhesives in PCBs to assemble smaller sized components is fueling the market growth. Moreover, technological advancements coupled with increasing R&D investments in microelectronics devices is further boosting the market demand. On the contrary, the availability of substitute like soldering system to electronic adhesives may hamper the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of electronic adhesives.
Market Segmentation
The study offers a decisive view of the global electronic adhesives market by segmenting it in terms of product. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product
- Thermal Conductive
- Electrically Conductive
- UV Curing
- Others
By Application
- Surface-mount devices (chip bonding)
- Potting & Encapsulation
- Conformal Coatings
- Others
Regional Analysis
This section covers electronic adhesives market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global electronic adhesives market along with the individual application segment across all the prominent region.
Global Electronic Adhesives Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Electronic Adhesives market are 3M Company, H.B. Fuller, Henkel AG & Company, Dow, Evonik, and Masterbond. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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