The Global Electronic Adhesives Market held USD 3.6 billion in 2020 and is to grow with a CAGR of 4.3 % from 2020-2030. Electronic adhesives are used extensively in the design and assembly of electronic circuits and goods. Electronic adhesives are used for circuit safety and for various applications of electronic assembly such as bonding parts, wire tacking and electronic part encapsulation. These adhesives can also be used as coatings to protect the circuit board against harmful environmental factors such as corrosion, changes in temperature, and moisture which will likely to drive the global electronic adhesives market. Electronic adhesives may be differentiated, based on size, depending on the purpose. In a scanning electron microscope, for example, electrically conductive adhesives are used to ground the sample so as to reduce electrostatic surface charge.

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Market Dynamics and Factors

The electronics & electrical industry is expanding exponentially, with a wide range of uses. Printed circuit boards (PCBs) are an integral component of automotive, domestic, military, and industrial machinery, and need external environmental protection. Lack of security interferes with results, or at worst, leads to complete breakdown. Despite their excellent mechanical properties, electronics adhesives suit well in this case, which is a key factor to drive the global electronic adhesives market. Due to their wide range of applications in engine status indicators, collision avoidance systems, anti-theft systems, power electronic modules and LED packaging, increased product use in the automotive industry would cause growth in global electronic adhesive market.

Crucial market dynamics in global electronic adhesive markets, such as rising the number of product releases by vendors would also affect the growth of the market over the forecast period. In order to increase their sales flow and widen the customer base, many regional and international players are introducing new products. Additionally, new product releases help market vendors to gain a competitive advantage over their rivals. Several companies are releasing goods with electromagnetic compatible next-generation adhesives that can be used for electrical and electronic applications in the transportation, communications and consumer industries, which will result in growth of global electronic adhesives market. Many such vendor-led groundbreaking product launches are expected to fuel global electronic adhesives market growth.

Market Segmentation:

Global Electronic Adhesives Market – By Form
Liquid
Paste
Solid
Global Electronic Adhesives Market – By Type
Thermally Conductive
UV Curing
Electrically Conductive
Others
Global Electronic Adhesives Market – By Application
Semiconductor & ICP
rinted Circuit Boards
Global Electronic Adhesives Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
Geographic Analysis

APAC has been predicted to account for the largest market share of electronic adhesives over the entire forecast period. Factors such as rapid industrialization, urbanization, increased disposable income and new construction activities have increased the region's demand for electronic adhesives, which will result in growth of global electronic adhesives market. In addition, growing geriatric population, developing middle-class population and increasing government spending in the medical sector are boosting the growth of APAC's electronic adhesives industry, thus contributing the overall growth of global electronic adhesives market.

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Competitive Scenario

The key players of global electronic adhesives market are 3M Company, KGaA, Dow Chemical, Henkel AG & Co., Kyocera Chemical Corp, HB Fuller, Dymax Corporation Creative Materials Inc. and Bondline Electronic Adhesives, Inc.

How will this Market Intelligence Report Benefit You?

1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

2. Exclusive insight into the key trends affecting the Electronic Adhesives industry, although key threats, opportunities and disruptive technologies that could shape the Electronic Adhesives Market supply and demand.

3. The report tracks the leading market players that will shape and impact the Electronic Adhesives Market most.

4. The data analysis present in the Electronic Adhesives Market report is based on the combination of both primary and secondary resources.

5. The report helps you to understand the real effects of key market drivers or retainers on Electronic Adhesives Market business.

The 2021 Annual Electronic Adhesives Market offers:

• 100+ charts exploring and analysing the Electronic Adhesives Market from critical angles including retail forecasts, consumer demand, production and more

• 15+ profiles of top producing states, with highlights of market conditions and retail trends

• Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

• Benchmark wholesale prices, market position, plus prices for raw materials involved in Electronic Adhesives Market type

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