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Electronic Adhesives Industry: Global Survey, Trend Overview and 2022 Forecast

Electronic adhesives have enhanced intrinsic conductive and thermal properties which enable them to substitute soldering systems. Increasing significance of compact devices including flash drives, CDs, and communication drives is expected to drive demand over the forecast period.

The Global Electronic Adhesives Market is expected to reach USD 7.80 billion by 2022, according to a new report by Grand View Research, Inc.
 

Shift in trend toward miniaturization of electronic components has created need for these adhesives. Replacement of PCBs with multi-chip modules has also prompted product demand. PCBs are laminated plastic boards that utilized these adhesives in surface-mount components, bonding conformal coatings, wire tacking and encapsulating components. High installation costs for laminating & packaging machinery and product assembly are expected to remain key challenges for industry participants.

Electrically conductive adhesives emerged as the largest product segment and accounted for over 40% of total market volume in 2014. The segment is expected to gain share over next seven years on account of high demand across key end-use industries including automotive, building & construction and medical. UV curing adhesives market is expected to witness significant gains over the forecast period on account of their increasing penetration across medical industry.

To Know More About Electronic Adhesives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/electronic-adhesives-market

Top Players of Electronic Adhesives Market:

Major companies with global electronic adhesives market share include Henkel AG & Co, Dow Chemicals and Hitachi Chemicals, HB Fuller, Kyocera Chemical Corp, 3M Company, Mitsui Chemicals LG Chemical Limited, and Indium Corporation.

Market Segmentation of Electronic Adhesives Market:

The Electronic Adhesives Market segmented on the basis of Product, Application and Region.

By Product:

    Thermal conductive
    Electrically conductive
    UV curing

By Application:

    Surface mount devices
    Potting & encapsulation
    Conformal coatings

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Electronic Adhesives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/919

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