Electronic Adhesives Market Overview:
The Electronic Adhesives Market analysis report amalgamates findings gathered from both primary and secondary research methodologies to provide a comprehensive understanding of the targeted market. The report researches detailed forecasts, recent advancements, and revenue projections, contributing to the dynamics within the Electronic Adhesives market landscape.
The Estimated Growth in Electronic Adhesives Market:
Electronic Adhesives Market was valued at USD 4.57 Billion in 2022, and is expected to reach USD 6.97 Billion by 2029, exhibiting a CAGR of 6.2 % during the forecast period (2023-2029).
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Electronic Adhesives Market Scope and Research Methodology:
In the Electronic Adhesives Market report, the competitive landscape and company profiles chapters outline the key players in the Electronic Adhesives Market. These major players undergo evaluation based on factors such as their product and/or service offerings, financial statements, notable developments, strategic market approach, market position, geographical reach, and other essential attributes. The report further explores each player’s strengths, weaknesses, opportunities, and threats (SWOT analysis), winning strategies, current focuses, and tactics, as well as competitive threats faced by the top three to five companies in the Electronic Adhesives market. Additionally, the list of companies included in the study can be tailored according to the client’s specifications.
The competitive landscape section of the report provides insights into the top five company rankings, recent developments, partnerships, mergers and acquisitions, new product launches, and regional and industry footprints, as per the Electronic Adhesives market and Ace matrix analysis.
Electronic Adhesives Market Regional Insights:
The market report for Electronic Adhesives provides insights into various regions including North America, Europe, Asia Pacific, South America, and the Middle East and Africa. It explores the unique Electronic Adhesives market trends observed across these regions, offering a comprehensive analysis of the Electronic Adhesives market size and share for each geographical area.
Electronic Adhesives Market Segmentation:
by Resin Type
Epoxy
Silicone
Polyurethane (PU)
Acrylic
Others
The market for electronic adhesives was led by the epoxy segment in 2022. Epoxy is the resin type that is most frequently used in electronics adhesives. Better adhesion, increased water resistance, increased stain resistance, increased resistance to blistering and cracking, and resistance to alkali cleaners are just a few of acrylic’s unique qualities. Epoxy resin is anticipated to drive this resin-type category at a high CAGR. Electronic adhesives are made of polyurethane, acrylics, silicones, and epoxy resins. Customers are beginning to favor polyurethane due to its advantages, which include resistance to temperature changes and an extended lifespan. Because of these qualities, polyurethane is predicted to be a significant and rapidly expanding segment of electronics adhesives with a CAGR.
by Form
Liquid
Paste
Solid
by Product Type
Electrically Conductive Adhesives
Thermally Conductive Adhesives
Others
In 2022, electrical and electronic equipment failure may result from heat-related problems in componentry. Thermally conductive materials provide heat-conducting channels and resist the build-up of heat in such situations. The most common types of resin used in the products are acrylic, silicone, and epoxy. Over the course of the forecast period, the electrically conductive product sector is anticipated to grow at a CAGR. Electrical conductivity, for instance, is necessary for the proper operation of integrated circuits and surface mount devices. It is anticipated that cost-effectiveness and product efficiency will support market expansion. The UV curing product category is anticipated to grow at the fastest rate during the forecast period.
by End-Use
Computers
Communications
Consumer Electronics
Industrial
Medical
Transportation
Commercial Aviation and Defense
Communications is the most significant end-use electronic adhesives market in terms of both volume and value. Data centers and racks are switching from wired to fiber-optic communication, which is straining optical transceiver capabilities and increasing the heat generated by high data volumes and fast speeds.
Electronic adhesives help improve performance by connecting vital components, controlling the increasing amount of heat produced, and protecting delicate devices in order to meet the demands of 5G. The market for electronic adhesives is also driven by the need for portable electronic and communication devices. They offer straightforward applications, speedy processing, and good long-term durability. Silicones, epoxies, and UV/visible light curing chemicals are essential parts of optomechanical systems used by mobile manufacturers, network companies, and wireless or broadband providers.
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Key Insights Covered the Electronic Adhesives Report
Market Coverage:
Market Trends
Market Breakup by Segment
Market Breakup by Region
Price Analysis
Impact of COVID-19
Market Forecast
Key Aspects Required for Setting Up a Electronic Adhesives Plant
Detailed Process Flow:
Product Overview
Unit Operations Involved
Mass Balance and Raw Material Requirements
Quality Assurance Criteria
Technical Tests
Project Details, Requirements and Costs Involved:
Land, Location and Site Development
Plant Layout
Machinery Requirements and Costs
Raw Material Requirements and Costs
Packaging Requirements and Costs
Transportation Requirements and Costs
Utility Requirements and Costs
Human Resource Requirements and Costs
Project Economics:
Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Taxation and Depreciation
Profit Projections
Financial Analysis
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Electronic Adhesives Market Major Players:
1. 3M Company (US)
2. Meridian Adhesives Group LLC ( US)
3. Dymax Corporation (US)
4. AVERY DENNISON CORPORATION (US)
5. H.B Fuller Company (US)
6. Master Bond Inc. (US)
7. Ellsworth Adhesives India PTY Limited (India)
8. Parker Hannifin Corporation (US)
9. DOWDuPont US)
10.Bondline Electronic Adhesives, Inc (US)
11.Creative Materials Inc (US)
12.Panacol-Elosol GmbH (Germany)
13.Evonik Industries AG (Germany)
14.BASF SE (Germany)
15.Heraeus Holding (Germany)
16.Henkel AG & Co. KGaA (Germany)
17.Tesa SE (Germany)
18.Bostik (France)
19.CondAlign As (Norway)
20.LG Chem Ltd. (South Korea)
21.Hitachi Chemical co., ltd. (Japan)
22.DIC Corporation (Japan)
Key Questions answered in the Electronic Adhesives Market Report are:
- What is Electronic Adhesives?
- What is the forecast period of the Electronic Adhesives Market?
- How is the competitive scenario of the Electronic Adhesives market?
- What are the key drivers of the Electronic Adhesives market growth?
- Which region holds the maximum share in the Electronic Adhesives market?
- Which segment emerged as the leading segment in the Electronic Adhesives market?
- What key trends are likely to emerge in the Electronic Adhesives market in the Forecast period?
- What are the opportunities for the Electronic Adhesives Market?
- Who are the key players of the Electronic Adhesives market?
- What are the key growth strategies of Electronic Adhesives industry players?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- PESTLE Analysis and PORTER’s Five Forces Analysis
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Key Findings and Analyst Recommendations
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