Exactitude Consultancy Press Release: Electronic Adhesives Market

The increasing need for miniaturization/automation of electronic devices advances an opportunity for electronic adhesives market.

The main uses of Electronic Adhesives are surface-mounting, assembling substrates on PCBs and semiconductors, potting and encapsulating, and manufacturing and assembling electronic circuits and products. The electronics market includes devices for computers, communications, consumer goods, industrial, medical, and automobiles. For numerous electronic products, electrical adhesives of various types and shapes are needed. The worldwide electronics industry is progressing due to the expanding demand for miniaturization/automation of mobile devices, touch screens and displays, and medical electronic equipment.

Explore 106 market data Tables spread through nearly 130 Pages and in-depth analysis on the “Electronic Adhesives Marketby Form (Liquid, Paste, Solid), Product (Electrically Conductive Adhesives, Thermally Conductive Adhesives, Others), Resin (Epoxy, Silicone, Polyurethane (PU), Acrylic, Others), End-use Industry (Computers, Communications, Consumer Electronics, Industrial, Medical, Transportation, Commercial Aviation and Defense) and by Region, Global Trends and Forecast from 2022 to 2029“with Table of Content

Downsizing of electronic devices and improvements in their performance are on the rise. In order to resist high performance conditions and provide adequate results, adhesive performance criteria would need to be improved along with these technical improvements. The performance standards for thermal conductivity, electrical conductivity, resistance to harsh conditions, optical clarity, and cure speed would therefore need to be improved. Due to the rise in demand for these products, electronic adhesive use has surged.

Demand and production capacity are progressively shifting to emerging countries for electronic adhesives market.

Electronics markets are deep-rooted in developed countries such as the United States, Canada, Germany, the United Kingdom, and France. Lower growth prospects are the result of these markets being mature for electronic adhesives, which have almost reached their potential for further expansion. As a result, the Asia-Pacific area has gradually surpassed North America and Europe in terms of demand for electronic chemicals and materials. Due to the presence of many developing nations, like China and India, in the region, the Asia Pacific region is considered as a growing market for electronic chemicals and materials.

The low-cost manufacturing in the area is another important element influencing migration. As companies like Henkel AG & Co. KgaA (Germany), The 3M Company (US), and others develop and respond to rising demand in Asia Pacific’s emerging economies, Europe’s continued decline in market share is driving a shift toward Asia Pacific. The increasing transfer of production facilities and raw material suppliers to Asia Pacific has boosted the import of adhesive materials from the region due to the high price ranges for electronic adhesives.

The Covid-19 pandemic had a significant impact on the electronic adhesives market.

The Covid-19 pandemic affected practically every industry worldwide. The World Health Organization (WHO) guidelines and regulatory regulations have temporarily halted the operation of manufacturing facilities. Several adhesive manufacturers have either shut down or shrivelled their operations, which in turn has resulted in supply chain disruptions. This has negatively hampered the demand for electronic adhesives markets during the COVID-19 period.

Due to the outbreak of the COVID-19 pandemic, the global electronic adhesives market is expected to witness a slowdown during the next couple of years. Besides, the global electronic adhesives industry has been negatively impacted by the revocation of production activities in the middle of the ongoing pandemic. The shortage of labour coupled with potential supply chain bottlenecks of equipment and materials are expected to trigger project delays in ongoing funded projects and may result in compact expenditure on the upcoming project. Moreover, companies are dealing with missing sales and disrupted supply chains as production activities are shut down.

The global electronic adhesives companies profiled in the report include 3M Company, Emerald Performance Materials, Meridian Adhesives Group, Dymax Corporation, Avery Dennison Corporation, H.B Fuller Company, Bostik, Masterbond, Ellsworth Adhesives India PTY Limited, Fuller Company, Parker Hannifin Corporation, DOW, DuPont, Bondline Electronic Adhesives, Creative Materials Inc, Panacol-Elosol GmbH, Evonik Industries AG. Mergers and acquisitions, joint ventures, capacity expansion, significant distribution, and branding decisions by established industry players to improve market share and regional presence. They are also engaged in ongoing R&D activities to develop new products and are focused on expanding the product portfolio. This is expected to increase competition and pose a threat to new entrants into the market.

Key Market Segments: Electronic Adhesives Market

Electronic Adhesives Market By Form, 2020-2029, (Usd Billion) (Kilotons)

• Liquid
• Paste
• Solid

Electronic Adhesives Market By Product Type, 2020-2029, (Usd Billion) (Kilotons)

• Electrically Conductive Adhesives
• Thermally Conductive Adhesives
• Others

Electronic Adhesives Market By Resin, 2020-2029, (Usd Billion) (Kilotons)

• Epoxy
• Silicone
• Polyurethane (Pu)
• Acrylic
• Others

Electronic Adhesives Market By End-Use Industry, 2020-2029, (Usd Billion) (Kilotons)

• Computers
• Communications
• Consumer Electronics
• Industrial
• Medical
• Transportation Commercial Aviation And Defense

Electronic Adhesives Market By Region, 2020-2029, (Usd Billion) (Kilotons)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa 

Important Countries In All Regions Are Covered.

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