Press release
Electronic Adhesives Market Overview: Key Trends and Growth Projections
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 Market Report Scope and Research Methodology
The report encompasses a wide range of aspects, including product classification, application, technology, industry overview, competitive landscape, and market trends. It investigates the impact of market drivers, trends, opportunities, challenges, and restraints on global demand.
Research Methodology: Maximize Market Research's report offers a detailed analysis of the electronic adhesives market, utilizing data from various sources. Through comprehensive qualitative and quantitative studies, including primary interviews, surveys, and vendor briefings, the research provides reliable and extensive insights. The report employs modeling techniques when actual data is unavailable, ensuring a complete and accurate database.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-electronic-adhesives-market/26063/
What are Electronic Adhesives Market Market Dynamics?
The report identifies several drivers propelling the electronic adhesives market. The flourishing electronics industry, driven by increasing consumer demand, the deployment of 5G infrastructure, and rising demand for electronic gadgets, contributes significantly to the market's growth. Electrically conductive adhesives, known for their efficiency and cost-effectiveness, are replacing traditional tin-lead solders, further boosting market expansion.
Electronic Adhesives Market Market Segmentation:
In 2022, the epoxy category led the market for electronic adhesives. Epoxy is the resin type that is used the most frequently for electronics adhesives. Acrylic offers unique qualities like as enhanced stain resistance, increased water resistance, better adhesion, increased resistance to blistering and cracking, and resistance to alkali cleansers. Electronic adhesives often employ polyurethane, acrylic, silicone, and epoxy resin types. Due of advantages like temperature resistance and a longer life cycle, polyurethane is becoming more and more popular with customers.
The Electronic Adhesives Market's fastest-growing product category is Thermally Conductive Adhesives.
Electrical and electronic equipment can malfunction as a result of heat-related problems in component parts. Thermally conductive materials provide heat-conducting channels in these circumstances and withstand increasing heat. The most often used resin kinds in the products are silicone, epoxy, and acrylic.For example, integrated circuits and surface mount devices need electrical conductivity to work properly. It is anticipated that cost-effectiveness and product efficiency would support market expansion. The UV curing product category is anticipated to increase at the quickest rate over the timeframe of the projection. Superior insulation and thermal conductivity are required for high-performance electrical and electronic devices, which would likely support the segment's expansion. Other products in this category include polyimides, silicone, and cyanoacrylates.
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Who are Electronic Adhesives Market Market Key Players?
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)
Table of Content: Electronic Adhesives Market Market
Part 01: Executive Summary
Part 02: Scope of the Electronic Adhesives Market Market Report
Part 03: Global Electronic Adhesives Market Market Landscape
Part 04: Global Electronic Adhesives Market Market Sizing
Part 05: Global Electronic Adhesives Market Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
North America leads the electronic adhesives market due to continuous technological advancements in the electronic assembly sector. The region's mature electronic chemical and material industries drive innovation and eco-friendly adhesive solutions. Prominent companies like Dow Chemical Company, 3M Company, and H.B. Fuller are focusing on sustainable electronic adhesives for various applications.
Asia Pacific is a rapidly growing market, attracting major players due to affordable raw materials, low manufacturing costs, and increasing demand for non-toxic electronic adhesives. The region, with its expanding middle-class population and urbanization, witnesses rising demand for electronics, creating a substantial market opportunity.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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