Global Electronic Adhesives Market 2018 to 2023 | Application, Types & Regional Analysis

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Electronic Adhesives Market |Trends, Size, Top 10 Key Players & Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

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Electronic Adhesives Market Research Report – Global Forecast to 2023

Market Overview / Study Objective / Synopsis Adhesives are critical components in design and manufacture of majority of electronic devices. As electronic devices are becoming smaller and more complex, there is a greater demand being made on components and material used in them. As the adhesives industry responds to the challenges of this market, new advances are widening the performance envelope for electronic adhesives.

Change in polymer compositions, along with compounding differences are allowing properties to be tailored to meet specific application requirements which includes electrically conductive, flexibility for comfort, thermal-stability, sterilization, resistant snap among others.

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Electronic Adhesives Market Research Report – Global Forecast to 2023

Competitive Analysis Geographically, Asia-Pacific is estimated to be the largest market for electronic adhesives in 2016, owing to high economic growth rate, rising electronic adhesives based application patents and cheap labor. Surface mount devices are estimated to be the leading application in the global market and accounted for more than 40% of the total market demand owing to substantial development in chip bonding. Apart from this, the shifting trends towards the miniaturization of electronic gadgets have increased the demand for electronic adhesives over the past few years.

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Electronic Adhesives Market Research Report – Global Forecast to 2023

Top 10 Global key Players & Their Strategy           

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3M Company, Alent PLC, BASF, H.B. Fuller, Henkel AG & Company, Indium Corporation, LG Chemical Limited, Mitsui Chemicals, Hitachi Chemicals, Dao Corning, Dow Chemicals and among others.

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Electronic Adhesives Market Research Report – Global Forecast to 2023

Segmentation Analysis

Based on applications the market is segmented into personal care, healthcare, lubricants, grease, polishing agent, and others. Wherein lubricants and grease dominated the market till 2016, particularly in Asia Pacific. In future, during the forecast period, personal care and healthcare are expected to drive the market forward.

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Electronic Adhesives Market Research Report – Global Forecast to 2023

Regional Analysis The understanding of masses regarding the vast and ever increasing uses of Electronic Adhesives is growing swiftly which help boost its demand during forecast period. Strict regulations by developed countries against the use of synthetic waxes in various application such as personal care and food coating would see the rise in the global market of Electronic Adhesives. Over 185 suppliers are active in China’s hot melt and electronic adhesive industry, majority of which are privately owned Chinese companies. Out of these, 54% of total revenues are earned by 18 large-sized suppliers and remaining 46% is earned by 132 small-sized companies and 35 medium-sized companies. Some of the major supplier in the Chinese electronic adhesive market include Henkel, H.B. Fuller, Bostik, Tex Year Fine Chemical, Zhongshan CherngTay, and 3M China.

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