openPR Logo
Press release

Electronics Adhesives Market is Anticipated to Register 8.2% CAGR through 2027

01-26-2018 09:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Electronics Adhesives Market is Anticipated to Register 8.2%

Future Market Insights (FMI), in its report, projects the global electronic adhesives market to register an impressive 7% CAGR during the forecast period 2017 to 2027, in terms of volume. In 2017, the global sales of electronic adhesives will account for 1,423 thousand tons; by 2027 this number is further estimated to reach nearly 2,800 thousand tons. Increasing adoption of electronic components among various end-use sectors such as automobile, medical devices, telecommunications and aerospace are expected to drive adoption of electronic adhesives.

Increasing Presence of Electronic Component Manufacturers to Propel Market Growth in APEJ

Asia Pacific Excluding Japan (APEJ) will remain the largest market for electronic adhesives, expanding at 8.7% CAGR in terms of volume. Sales of electronic adhesives in APEJ will surpass 700 thousand units in 2017. Market growth in APEJ is primarily attributed to increasing presence of electronic component manufacturers in this region. North America is expected to be the second largest market for electronic adhesives, with sales pegged to surpass 300 thousand units by 2027-end. In addition, market growth in Europe is expected to exhibit 6% CAGR through 2027, in terms of volume.

Request For Report Sample@

Electrically conductive electronic adhesives are anticipated to be the most lucrative product in the market, followed by thermally conductive electronic adhesives. FMI’s report projects global sales of these electronic adhesives to surpass 1000 thousand tons by 2027-end, and expand at 9.5% CAGR in terms of volume. In contrast, sluggish volume expansion is estimated for ultraviolet curing electronic adhesives.

Acrylics to be Preferred Material for Electronic Adhesives

Acrylics are expected to be the preferred material for electronic adhesives in the market, registering robust expansion at 13.2% CAGR in terms of volume. Robust adoption of acrylics is attributed to their provision of improved productivity and performance as well as reduction in environmental concerns and costs. In addition, silicones are expected to be the second-most lucrative material for electronic adhesives, followed by polyurethanes.

In terms of volume, demand for electronic adhesives in surface mounting application is estimated to witness fastest expansion at 8.6% CAGR. Global sales of electronic adhesives for surface mounting is projected to increase from 385 thousand units in 2017 to reach nearly 950 thousand units by 2027-end. In addition, conformal coating is estimated to be the second largest application segment of electronic adhesives in terms of volume.

Expanding Distribution Channel to Drive Market Growth in North America

Distributors form a vital part of supply chain, as prominent players in electronic adhesives market distribute products through major distributors across the globe. With expanding distribution channel, coupled with increasing partnership between leading market players and local distributors in North America are expected to propel market growth in this region.

China plays and indispensable role in APEJ electronic industry, not as a competitor but as a growing market. China forms the product assembly base, importing various electronic components and parts from various Asian economies and exporting them across the globe. In addition, APEJ has contributed majorly to electronics industry by integrating production networks, fostering an enhanced trade. These factors are expected to propel market growth in APEJ.

Request For Report Table of Content (TOC):

Key market players identified in FMI’s report include Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, Dow Corning Corporation (The Dow Chemical Company), Evonik Industries AG, Dymax Corporation, Bostik SA (Arkema Inc.), Sika AG, Illinois Tool Works Inc., Wacker Chemie AG, Avery Dennison Corporation, Royal Adhesives & Sealants LLC, DELO Industrial Adhesives LLC, Huntsman International LLC, LORD Corporation, Permabond LLC, Panacol-Elosol GmbH, Lohmann GmbH & Co.KG, Bondline Electronic Adhesives, Inc., Jowat AG.

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.

Future Market Insights
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 Electronics Adhesives Market is Anticipated to Register 8.2% CAGR through 2027 here

News-ID: 918478 • Views: 120

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 APEJ

Ginger Market: APEJ to Present Attractive Growth Opportunities
The global ginger market is characterized by the presence of a large pool of established players, and therefore the market’s vendor landscape is fragmented and competitive in nature. The players are making use of new flavours in order to attract more customers and introducing new products with added nutrients, notes Transparency Market Research (TMR) in its report on the global ginger market. Some of the players within the market which
Card Printing Ribbon Market APEJ to Spearhead
According to a new study by Transparency Market Research (TMR), the business landscape in the global card printing ribbon market is highly competitive. Zebra Technologies, Entrust Datacard Corp., IdentiSys Inc., HID Global Corp., Evolis SA, NBS Technologies Inc., AlphaCard, Unicard Systems Pty. Ltd., Dai Nippon Printing Co. Ltd., and Idp Corp. are some of the leading players in this market. They are likely to focus on mergers and acquisitions in
Infrared Detectors Market APEJ Will remain an Highly Attractive
A recent report published by Transparency Market Research (TMR) reveals that the global infrared detectors market is set to soar at a CAGR of 8.9% during the forecast period (2017-2022). Increasing use of infrared detectors in industrial and manufacturing applications is likely to boost the global demand for infrared detectors during the forecast period. At the same time, infrared detectors are gaining momentum as a highly significant security apparatus. Moreover,
Rigid Food Containers Market APEJ to Remain Largest
The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end. Key Takeaways from FMI’s Report on Global Rigid Food Containers Market Rigid food containers will continue to find the largest applications in ready-to-eat food
Shrimp Market APEJ to Dominate the Global
Future Market Insights’ new report titled “Shrimp Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” studies the overall performance of the highly competitive global shrimp market for the assessment period of 10 years. The global shrimp market is anticipated to expand at a significant CAGR over the forecast period and APEJ is likely to dominate the market by grabbing maximum revenue share during the assessed 10 year period. Revenue from
Aquafeed Market APEJ to Remain Dominant in Regional
A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and