Segmentation - Electronics Adhesives Market

Adhesives are substances that are used as a binder between two different surfaces and avoid their separation. Electronic adhesives are widely used for different electronic assembly applications such as encapsulation, surface mounting, wire tacking, and others. These adhesives are also used for the protection of circuit boards from various factors such as temperature change, corrosion, and moisture.

Market Dynamics

The global electronics adhesives market has witnessed growth in the recent few years, owing to its rising demand for electronic adhesives in the telecommunication and electrical & electronics industry. Electronic adhesives witnessed an expansion of their applications in different end use industries. For instance, it is used in the electronics industry for the prevention of galvanic corrosion during the assembly of two dissimilar metals. The surge in growth of the consumer goods industry is expected to fuel the growth of the global electronics adhesives market.

The rising trend of usage of fitness devices and wearable among consumers, especially millennial, has driven companies to develop new products. This has led to a growth in demand for electronic adhesives for bonding different medical devices. Manufacturers are focused on enhancing the properties of the electronic adhesives in order the increase their performance and reduce the cost involved during the assembly. This scenario is expected to foster market growth during the forecast period.

Key features of the study

This report provides in-depth analysis of global electronics adhesives market size (USD Bn and Thousand Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 – 2030), considering 2024 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players.
It profiles leading players in the global electronics adhesives market based on the following parameters – company overview, financial, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, Evonik Industries AG, Dymax Corporation, and Dow Corning.
Insights from this report would allow marketers and the management authorities of companies to make regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
The global electronics adhesives market report caters to various stakeholders in this industry including investors, suppliers, global electronics adhesives manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electronics adhesives market.

Market Segmentation