Electronic Adhesives Market Growth Forecast 2023-2029: Catalysts for Reliable and High-Performance Electronics


Posted November 20, 2023 by manasi05

North America has the major electronic adhesives companies in the world.
 
Electronic Adhesives Market Overview:

The study provides a comprehensive overview of the Electronic Adhesives Market, including its most recent revenue and market trends, market definition, overview, and structure. The primary and secondary data have been compiled and analyzed in detail to ensure that the Electronic Adhesives industry report is authentic and error-free.

Electronic Adhesives Market Anticipated Growth:

Electronic Adhesives Market was valued at USD 4.57 Billion in 2022, and is expected to reach USD 6.97 Billion by 2029, exhibiting a CAGR of 6.2 % during the forecast period (2023-2029).

Electronic Adhesives Market Report Scope and Research Methodology:

The report also includes a SWOT analysis of the key players in the Electronic Adhesives industry, which provides insights into their strengths and weaknesses. The report is a combination of primary and secondary data collected through exhaustive research. The primary research involved interviews with industry experts, while the secondary research involved the analysis of government policies, market environment, historical data, competitive landscape, current market trends, technological progress, and upcoming technologies.

The report provides a comprehensive overview of the Electronic Adhesives industry, including the most recent trends in each sub-segment, revenue growth at local, regional, and global levels, and both qualitative and quantitative data. The analysts focused on global trends, including key statistics on the market status of the Electronic Adhesives competitors. The report also includes a detailed region-wise and segment-wise analysis of the Electronic Adhesives Market dynamics, including drivers, restraints, opportunities, and challenges. This makes the report an invaluable resource for investors.

The bottom-up approach was used to estimate the global Electronic Adhesives Market size. Porter's five forces analysis explains how suppliers and buyers build buyer and supplier networks and make profit-driven decisions. The PESTLE analysis helps to understand the Electronic Adhesives Market through various perspectives, such as political, economic, social, technological, environmental, and legal factors.

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Electronic Adhesives Market Regional Insights:

The report is segmented into several key countries, with market size, growth rate, import and export of Electronic Adhesives Market in these countries, which covers North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Electronic Adhesives Market Segmentation:

by Resin Type

Epoxy
Silicone
Polyurethane (PU)
Acrylic
Others

The market for electronic adhesives was led by the epoxy segment in 2022. Epoxy is the resin type that is most frequently used in electronics adhesives. Better adhesion, increased water resistance, increased stain resistance, increased resistance to blistering and cracking, and resistance to alkali cleaners are just a few of acrylic's unique qualities. Epoxy resin is predicted to drive this resin-type category at a high compound annual growth rate.

by Form

Liquid
Paste
Solid

by Product Type

Electrically Conductive Adhesives
Thermally Conductive Adhesives
Others

The segment for thermally conductive products was valued in 2022. Equipment related to electronics and electricity may malfunction due to heat-related problems in componentry. Thermally conductive materials provide heat-conducting channels and resist the build-up of heat in such situations. The most common types of resin used in the products are acrylic, silicone, and epoxy. Over the course of the forecast period, the electrically conductive product sector is anticipated to grow at a CAGR. Electrical conductivity, for instance, is necessary for the proper operation of integrated circuits and surface mount devices. It is anticipated that cost-effectiveness and product efficiency will support market expansion.

by End-Use

Computers
Communications
Consumer Electronics
Industrial
Medical
Transportation
Commercial Aviation and Defense

Communications is the most significant end-use electronic adhesives market in terms of both volume and value. Data centres and racks are switching from wired to fiber-optic communication, which is straining optical transceiver capabilities and increasing the heat generated by high data volumes and fast speeds.

Electronic Adhesives Market Key Players are:

1. 3M Company (US)
2. Meridian Adhesives Group LLC ( US)
3. Dymax Corporation (US)
4. AVERY DENNISON CORPORATION (US)
5. H.B Fuller Company (US)
6. Master Bond Inc. (US)
7. Ellsworth Adhesives India PTY Limited (India)
8. Parker Hannifin Corporation (US)
9. DOWDuPont US)
10.Bondline Electronic Adhesives, Inc (US)
11.Creative Materials Inc (US)
12.Panacol-Elosol GmbH (Germany)
13.Evonik Industries AG (Germany)
14.BASF SE (Germany)
15.Heraeus Holding (Germany)
16.Henkel AG & Co. KGaA (Germany)
17.Tesa SE (Germany)
18.Bostik (France)
19.CondAlign As (Norway)
20.LG Chem Ltd. (South Korea)
21.Hitachi Chemical co., ltd. (Japan)
22.DIC Corporation (Japan)

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Key Questions answered in the Electronic Adhesives Market Report are:

What is Electronic Adhesives?
What is the expected CAGR of the Electronic Adhesives Market during the forecast period?
What is the expected Electronic Adhesives Market size by the end of the forecast period?
Who are the prominent players in the Electronic Adhesives Market?
What key trends are expected to emerge in the Electronic Adhesives Market in the coming years?
What are the factors restraining the Electronic Adhesives Market growth?
Which regional Electronic Adhesives Market is expected to grow at a high rate during the forecast period?
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
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Country India
Categories Business
Last Updated November 20, 2023