openPR Logo
Press release

Global Electronics Adhesives Market to Attain US$ 4.5 Bn Value in 2017

04-10-2017 11:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Electronics Adhesives Market to Attain US$ 4.5 Bn Value

Rising popularity of consumer electronics such as smartphones, tablets, and cameras is boosting the use of effective electronic adhesives. Soaring demand for electronics that can remain intact even after experiencing mechanical jerks has extended the consumption of vigorous adhesive materials such as epoxies and acrylics. At a y-o-y growth of 12.1% over 2016, the global market for electronic adhesives is anticipated to surge significantly and reach US$ 4,549.8 Mn market value by the end of 2017.

Profound research by technological institutes has aided the production of cost-effective and efficient adhesive materials for electronic devices. Incidentally, manufacturers can supply such enhanced electronics adhesives and meet the consumer expectations regarding devices’ intactness.

Request Report Sample@

Escalating adoption of electronic devices and components in automotive vehicles as well as consumer appliances is significantly appending the consumption rate in the global electronics adhesive market. The global electronics adhesives market is also expected to grow rapidly, owing to factors such as rising use of compact component and assemblies in production of electronics, evolving drivability of such electronic devices, and the global upsurge in per capita expenditure on consumer electronics. However, instable adhesive films prices, stringent VOC emission standards, and high costs of setting up infrastructure for adhesive production are observed as major restraints curbing the growth of the global electronics adhesive market.

On the basis of materials, acrylic adhesives are predicted to register the highest growth in the global market. Compare to other adhesive materials such as silicones and epoxies, the acrylics are being extensively used in conformal coatings and UV curing applications. Additionally, the rising demand for UV curing applications owing to their flexibility and lowered curing time is also expected to boost the consumption of acrylic adhesives. In 2017, the acrylics segment will procure US$ 1,904.5 Mn in terms of market size.

On the basis of adhesive products, thermally conductive and electrically conductive product types will continue to dominate the global market. Electrically conductive products are expected to witness higher consumption and will replace the lead soldering processes in electronic connections. In terms of volume, electrically conductive adhesives is expected to account for more than 460 thousand tonnes in 2016, and will witness nearly 14% annual growth in 2017.

Based on the applications, the global electronics adhesives market will exhibit higher consumption of adhesives in the surface mounting applications. The market value share of surface mounting applications in 2017 is expected to be almost 30%. Furthermore, conformal coating and encapsulation application are also estimated to garner considerable revenues, while wire tacking applications segment will demonstrate a moderate progress.

Asia Pacific is anticipated to retain its dominance on the global market by attaining US$ 2,798 Mn market value in 2017. Developing economies, increasing expenditure on IT infrastructure, and mounting demand for miniaturised electronic devices will continue to stimulate the growth of the electronics adhesive market in APAC countries. Moreover, Europe and North America will sustain their market presence by recording value shares of estimated 19% and 14% respectively.

Send An Enquiry@

Companies such as Dymax Corporation, H.B. Fuller Company and 3M Company are recognised as some of the leading manufacturers of epoxy, acrylic and polyurethane adhesives, while Henkel AG & Co. and Dow Corning Corporation, among others, are known to be the key manufacturers of silicone adhesives in the global electronics adhesives market.

Long-term Outlook: In terms of market value, the global market for electronics adhesives is projected to reach US$ 6,397 Mn over the forecast period 2016-2020. Asia Pacific will dominate with consumption of over 1,230 thousand tonnes of volume by 2020-end.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Electronics Adhesives Market to Attain US$ 4.5 Bn Value in 2017 here

News-ID: 496380 • Views: 251

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the