Electronic Adhesives Market 2022-2027: Henkel AG (Germany), The 3M Company (US), Arkema SA (France), and Parker Hannifin Corporation

The electronic adhesives market is projected to grow from USD 4.5 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 6.1% between 2022 and 2027. The global electronic adhesives market is driven by the rising demand for advanced and sophisticated electronic devices. The use of electronic devices is increasing in developed as well as developing regions, such as North America and the Asia Pacific.

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"Epoxy is estimated to be the largest resin type segment of the electronic adhesives market."
Epoxy resin in electronic adhesives held the largest market share in 2021 in terms of value. The most frequently used resin type for electronic applications is epoxy, either two-part or single-part heat cure products. Occasionally snap-cure epoxies, which cure at a lower temperature than regular single-part epoxies, are used. These adhesives can be used for bonding components, potting, and encapsulation, among others. Potting compounds are intended to provide a high level of guard to PCBs and electronic devices by surrounding them in a thick, durable polymer.
Epoxy is used when extreme operating conditions require optimum protection.

"Asia Pacific is forecasted to be the fastest-growing electronic adhesives market during the forecast period."
Asia Pacific is the largest market for electronic adhesives, and this dominance is expected to continue during the forecast period. High economic growth rate, growing manufacturing industries, cheap labor, increasing electronic adhesives patents, and global shift of consumption and production capacity from the developed markets to the emerging markets in the region are the factors leading to the growth of the electronic adhesives market in Asia Pacific. The region's market is driven by high economic growth and heavy investments in the automotive, industrial, and medical industries. Its growing middle-class population plays an important role in driving various industries, which has led to industrialization in the region.

Breakdown of Primary Interviews:
• By Company Type: Tier 1 - 18%, Tier 2 - 36%, and Tier 3 -46%
• By Designation: C Level - 18%, D Level - 27%, and Others - 55%
• By Region: Asia Pacific - 45%, North America - 18%, Europe - 9%, South America- 9%, and the Middle East & Africa- 9%

The key companies profiled in this report are Henkel AG (Germany), The 3M Company (US), Arkema SA (France), and Parker Hannifin Corporation (US).

Research Coverage:
The electronic adhesives market has been segmented based on Resin Type (Epoxy, Silicone, Polyurethane, Acrylic, and Others), by Form (Liquid, Paste, and Solid), by Product Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives, and Others), By End-use Industry (Computers, Communications, Consumer Electronics, Industrial, Medical, Transportation, and Commercial Aviation and Defense), and by Region (Asia Pacific, North America, Europe, South America, and Middle East & Africa).

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Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analyses-industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on electronic adhesives offered by top players in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
• Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the market for electronic adhesives across regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

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