Global Electronic Adhesives Market Size, Share, Opportunities, And Trends By Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives, Ultraviolet-curing Adhesives, Others), By Application (Chip Bonding, Wire Tacking, Potting And Encapsulation, Conformal Coatings), By Industry Vertical (Telecommunications, Automotive, Consumer Electronics, Defense, Others), And By Geography - Forecasts From 2023 To 2028

The global Electronic adhesives market is projected to expand at a CAGR of 13.25% over the forecast period. The use of adhesives in electronics is widespread and is used not only in the manufacturing of electronic commodities but also in maintaining the long-term operation of these products. PCB or Printed Circuit Board is the building block of the electronics industry where the use of adhesives is required for bonding surface mount components, wire tacking or fixing, and also in the encapsulation of the components. The increasing use of electronic adhesives across various industry verticals including telecommunications, consumer electronics, automotive, and many more is driving the market growth. Also, the increasing use of consumer electronics, one of the major contributors in promoting the growth of the electronics industry is further fueling the growth of the global electronic adhesives market.

 

Region-wise, North America is expected to hold the major market share while the Asia Pacific is considered the fastest-growing market due to the growing electronics industry in countries like India and China.

 

The Dow Chemical Company, a Midland Michigan-based company has an industry-leading portfolio of specialty chemicals and advanced materials delivering more than 6000 technology-based product families to their customers in around 180 countries across all high-growth sectors which include packaging, electronics, water, coatings, and agriculture. The company’s leading portfolio of silicone die-to-attach adhesives delivers proven and dependable bonds in most of the chip-demanding applications in automotive, communications, consumer electronics, and industrial markets. DOW CORNING™ die-attach adhesives are solventless, environmentally responsible products that cure at a range of temperatures reducing thermal stress and energy consumption.

 

Major industry players profiled as part of the report are 3M, H.B. Fuller, Master Bond Inc, LG Chem, and Henkel Corporation among others.

 

The global Electronic adhesives market has been analyzed through the following segments: