Adhesives & Sealants Global Market Size, Share, Demand, Growth, Opportunities, Analysis of Top Key Player and Forecast to 2023

Global Adhesives & Sealants Market for Handheld Devices - by Adhesives (Hot Melt, Pressure Sensitive, Waterborne, Solvent Based, and Others), by Sealants (Silicone, Polyurethane, Acrylic Latex, Epoxy, Butyl and Others), by Application (Mobile Phones & Tablets, Laptops, Hard Disc Drives, Medical Devices and Others), and by Region - Forecast till 2023

Synopsis of Adhesives & Sealants Market for Handheld Devices

Adhesives & sealants are materials used for holding two surfaces together. Adhesives wet the surface and develop strength after it has been applied. Adhesives are generally a mixture that occurs in a liquid or semi liquid-state. A sealant can be defined as a viscous material used for filling the gaps that are difficult to close using adhesives or other materials. Adhesives and sealants have wide application across an array of industries one of being the electronic industry. Both adhesives and sealants are core to the manufacturing and assembling of portable electronic devices viz., mobile phones & tablets, laptops, and storage devices among other devices. Adhesives are widely used as a bonding agent while manufacturing and assembling of electronic components such as touch screens, camera lenses, drives, connectors and PCB among others into the latter mentioned handheld devices, whereas, sealants restrict the entry of foreign particles by filling the small gaps where the use of adhesive is limited. Different types of adhesives are used for different purposes during the manufacturing of an electronic device. For instance, commonly hot melt adhesives are preferred owing to its extensive properties such as improved dispensability and reworkability among others. Likewise, commonly used sealants include silicone and urethanes.

Protuberant market impetus factors and trends fostering growth of global adhesives & sealants market for handheld devices market include increasing penetration of smartphones and tablets, rising popularity of gaming laptops & detachable laptops and the growth of consumer electronics market among other factors. Besides, patterns, for example, rising electronic gadget get together center point in Southeast Asian countries and critical FDI in the ASEAN district from created countries among different patterns is relied upon to offer lucrative open doors for the market. As indicated by MRFR investigation, in total the worldwide adhesives and sealants for handheld devices was valued at USD 4,882.6 million in 2016 and is expected to reach USD 7,946.8 million by the end of 2023, growing at a healthy CAGR of 7.21%.

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FIGURE 1 GLOBAL ADHESIVES & SEALANTS MARKET FOR HANDHELD DEVICES, BY ADHESIVES, 2016 (%)

Regional Analysis

Global adhesives & sealants market for handheld devices is divided into five main geographies — north America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the aforementioned regions, Asia Pacific is the biggest market for adhesives and sealants for handheld devices and records for over half of the volume share in the worldwide market, with a solid impression of worldwide adhesive and sealant makers alongside the rising hardware showcase in the locale are a portion of the market impulse factors cultivating development of adhesive and sealants market in the region. Asia Pacific market for adhesives is expected to reach USD 3,630.7 million by the end of 2023 expanding at a CAGR of 9.0%. Southeast Asian countries offer major growth prospects for adhesives and sealants for handheld devices with an emerging electronic device assembly hub along with the huge production base for various electronic devices such as mobile phones, laptops, and storage devices.

In light of income, Europe represents the second-biggest piece of the pie for adhesives and sealants for handheld devices, basically attributable to the nearness of driving makers in the district with prevalent item offering in the locale, which is trailed by North America.
Segmentation

The global adhesives & sealants market for handheld devices is segmented on the basis of adhesive types, sealant types, application and region. On the basis of adhesive type, global adhesives & sealants market for handheld devices is segmented into hot melt adhesives, pressure sensitive adhesives, waterborne adhesives, and solvent borne adhesives among others. Based on sealant types the market is segmented into— silicone sealants, polyurethane sealants, acrylic latex sealants, epoxy sealants, and butyl sealants among others. Based on application, the global adhesives & sealants market for handheld devices is segmented into— mobiles & tablets, laptops, hard disc drives, and medical devices among others.

Key Players

Key players of the global adhesives & sealants market for handheld devices are Henkel AG & Co. KGaA, 3M, Evonik Industries AG, Dow Corning Corporation, H.B. Fuller, Novachem Corporation and Tangent Industries among others.
Geographic Analysis

The report covers brief analysis of geographical region such as:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o Spain
o U.K.
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Latin America
• Middle East & Africa

Key Findings

Global Adhesives & Sealants Market for Handheld Devices is projected to reach USD 7,946.8 million by the end of 2023, expanding at a CAGR of 7.21%. Asia Pacific to account for largest share due to growing application industries in this region. Adhesives & sealants market for handheld devices is a semi-fragmented market, however, tier1 manufacturers dominate the market. Asia Pacific is the largest producer and consumer of adhesives and sealants for handheld devices, which accounted for more than half of the overall adhesives & sealants market for handheld devices. New product development and expansion of major players to the emerging markets are some of the noted trends in the global market.

Intended Audience
• Adhesive & Sealants manufacturers
• Traders and distributors of Adhesive & Sealants
• Adhesive & Sealants Associations
• Potential investors
• Raw material suppliers
DC –Description
• Adhesive & Sealants
• Handheld Devices
• Hot Melt Adhesives
• Silicone Sealant

The report about Global Adhesives & Sealants Market for Handheld Devices by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.

Table of Contents

1 Report Prologue 15
2 Report Prologue 16

3 Scope of The Report 17
3.1 Market Definition 17
3.2 Scope of The Study 17
3.2.1 Research Objectives 17
3.2.2 Assumptions 17
3.2.3 Limitations 18
3.3 Markets Structure 18

4 Research Methodology 19
4.1 Research Process 19
4.2 Primary Research 20
4.3 Secondary Research 20
4.4 Market Size Estimation 20

5 Market Dynamics 23
5.1 Introduction 23
5.2 Drivers 24
5.2.1 Penetration of Smartphones and Tablets to Surge Adhesive & Sealants Demand 24
5.2.2 Rising Popularity of Gaming Laptops & Detachable Laptops 25
5.2.3 Augmenting Demand for Adhesive & Sealants in PCB Applications 26
5.2.4 Growth in consumer electronics to augment adhesives and sealants demand 27
5.3 Restraints 28
5.3.1 Dramatic Surge in Adhesive & Sealant Raw Material Prices to Impede Market Growth 28
5.3.2 Rapidly Changing Technologies in the Consumer Electronics Market 28
5.4 Trends & Opportunities 29
5.4.1 Emerging Electronic Device Assembly Hub in Southeast Asian Nations 29
5.4.2 Significant FDI in the ASEAN Region From Developed Nations 29
5.4.3 Product Innovation For Next Generation Electronic Devices 29
5.5 Macroeconomic Indicators 30
5.5.1 Rise in disposable income coupled with increased spending on consumer electronics 30

6 Market Factor Analysis 31
6.1 Supply Chain Analysis 31
6.1.1 Raw Material Suppliers 31
6.1.2 Adhesives & Sealants Manufacturers 31
6.1.3 Distribution Channel 32
6.1.4 End-User Industry 32
6.2 Porter’s 5 Analysis 32
6.2.1 Threat of New Entrants 32
6.2.2 Threat of Rivalry 32
6.2.3 Threat of Substitute 32
6.2.4 Bargaining power of supplier 32
6.2.5 Bargaining Power of Buyers 33

7 Global Adhesives for Handheld Devices Market, By Adhesives Type 34
7.1 Introduction 34
7.2 Hot Melt Adhesive 36
7.3 Pressure Sensitive Adhesives 37
7.4 Waterborne Adhesives 38
7.5 Solvent Based Adhesives 40
7.6 Others 41

8 Global Adhesives for Handheld Devices Market, By Adhesives Application 42
8.1 Introduction 42
8.1.1 Laptops 45
8.1.2 Mobile Phones & Tablets 46
8.1.3 Hard Disc Drives 47
8.1.4 Medical Devices 48
8.1.5 Others 49

9 Global Adhesives for Handheld Devices Market, By Region 50
9.1 Introduction 50
9.2 North America 54
9.2.1 U.S 57
9.2.2 Canada 59
9.3 Europe 61
9.3.1 Germany 64
9.3.2 France 66
9.3.3 UK 68
9.3.4 Italy 70
9.3.5 Spain 72
9.3.6 Rest of Europe 74
9.4 Asia Pacific 76
9.4.1 China 79
9.4.2 Japan 81
9.4.3 India 83
9.4.4 Rest of Asia-Pacific 85
9.4.5 Latin America 87
9.4.6 Middle East & Africa 89

10 Global Sealants for Handheld Devices Market, By Sealants Type 92
10.1 Introduction 92
10.2 Silicone Sealants 95
10.3 Polyurethane Sealants 96
10.4 Acrylic Latex Sealants 97
10.5 Epoxy Sealants 98
10.6 Butyl Sealants 99
10.7 Others 100

11 Global Sealants for Handheld Devices Market, By Sealants Application 101
11.1 Introduction 101
11.1.1 Mobile phone 104
11.1.2 Laptop 105
11.1.3 Hard Disc Drives 106
11.1.4 Medical Devices 107
11.1.5 Others 108

……Continued

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