Electronic Adhesives Market Forecast 2027: Trends & Competition

The global electronic adhesives market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include the growing demand for electric components in different industries and the development of technologies that are supporting the growth of the market. Electronic adhesives are basically a binder which is used to integrate electronic components due to their high bond strength. They are widely used in the industrial, consumer, computers and servers, medical field, and automotive sectors. The other factors supporting the market’s growth are, the growing electronic industry, rising popularity of medical gadgets and wearables, extensive R&D activities, increasing investments by key market players, and growing demands for electric vehicles. Also, the rising adoption of collaborations and product launches is driving the growth of the market.

Rising Demand for Electronic Devices and Equipments

The growing use of electronic devices and equipment in various industry verticals such as automotive, medical devices, aviation, industrial machinery, consumer electronics, and others, are bolstering the growth of the market, globally. Miniaturization of electronic components is one of the foremost factors for growth. Moreover, owing to the extensive use of electronics in the automotive sector such as airbags, anti-lock braking systems, satellite radios, automatic parking, in-vehicle entertainment systems, heads-up display, navigational systems, tire pressure monitors, and others, the surge in demand for electronic adhesive is driving the growth of the market. According to the OICA, in 2021, the collective vehicle production across China, Japan, and India was more than 38.5 million. The rising popularity of medical devices and wearables is augmenting the growth of the market. Furthermore, the growing demand for integrated circuits and cutting-edge technologies across the world is likely to bolster the growth of the electronic adhesive market.

Technological Advancements Supports the Market

The technological advancement and innovations in electronic adhesives are fueling the growth of the market. The increasing adoption of new innovative technologies, such as IoT devices, next-generation wireless 5G infrastructure networks, and others, are facilitating the growth of the market. The developments are helping to improve the performance criteria of adhesives to bear the high-performance conditions and deliver adequate results. For instance, in 2018, a team of professionals at the University of Porto proposed a new polymer coating technique for flexible electronics. Also, the adoption of advanced solid-state semiconductor technologies in consumer as well as industrial applications is strengthening the growth of the market.

Increasing Collaborations and Product Launching

Several collaborations and product launches between market players are facilitating the growth of the market. For instance, in 2021, Henkel Adhesive Technologies along with Quad Industries collaborated to provide support for technological value creation, and prototyping solutions for printed electronics around multiple end-use businesses. Similarly, in 2022, Indium Corporation announced the launch of a new adhesive solution named InTACK at PCIM Europe, which is intended for semiconductor functions.

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Market Segmentation

The global electronic adhesives market is segmented into resin type, form, product type, end-user, and company. Based on resin type, the market is divided into epoxy, silicone, polyurethane, acrylic, and others. Based on form, the market is divided into liquid, paste, and solid. Based on product type, the market is divided into electrically conductive adhesives, thermally conductive adhesives, and others. Based on end-user, the market is divided into consumer electronics, medical, industrial, transportation, aerospace & defense, and others. In terms of country, the United States is expected to be a lucrative market in the forecast period due to rising demand in the automotive sector in the country.

Market Players

Henkel AG, 3M Company, Arkema SA, Parker Hannifin Corporation, H.B. Fuller Company, Master Bond Inc., Threebond Co., Ltd., Panacol-Elsol GMBH, Meridian Adhesives Group, and Sika AG are some of the leading companies operating in the market.

Report Scope:

In this report, global electronic adhesives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Electronic Adhesives Market, By Resin Type:

• • Epoxy
  • Silicone
  • Polyurethane
  • Acrylic
  • Others

• Electronic Adhesives Market, By Form:

o    Liquid

o    Paste

o    Solid

• Electronic Adhesives Market, By Product Type:

• • Electrically Conductive Adhesives
  • Thermally Conductive Adhesives
  • Others

• Electronic Adhesives Market, By End User:

• • Consumer Electronics
  • Medical
  • Industrial
  • Transportation
  • Aerospace & Defense
  • Others

• Electronic Adhesives Market, By Region:

• • North America
    • United States
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Europe & CIS
    • Germany
    • France
    • United Kingdom
    • Spain
    • Italy
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa

• South Africa
• Saudi Arabia
• UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electronic Adhesives Market

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Table of Content

    1. Product Overview

2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Electronic Adhesives Market
5. Impact of Russia-Ukraine War on Global Electronic Adhesives Market
6. Voice of Customer
7. Global Electronic Adhesives Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Resin Type (Epoxy, Silicone, Polyurethane, Acrylic, Others)

7.2.2.     By Form (Liquid, Paste, Solid)

7.2.3.     By Product Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives, Others)

7.2.4.     By End User Industry (Consumer Electronics, Medical, Industrial, Transportation, Aerospace & Defense, Others)

7.2.5.     By Company (2021)

7.2.6.     By Region

7.3.  Product Market Map

8. North America Electronic Adhesives Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Resin Type (Epoxy, Silicone, Polyurethane, Acrylic, Others)

8.2.2.     By Form (Liquid, Paste, Solid)

8.2.3.     By Product Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives, Others)

8.2.4.     By End User Industry (Consumer Electronics, Medical, Industrial, Transportation, Aerospace & Defense, Others)

8.2.5.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Electronic Adhesives Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Resin Type

8.3.1.2.2.             By Form

8.3.1.2.3.             By Product Type

8.3.1.2.4.             By End User Industry

8.3.2.     Canada Electronic Adhesives Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Resin Type

8.3.2.2.2.             By Form

8.3.2.2.3.             By Product Type

8.3.2.2.4.             By End User Industry

8.3.3.     Mexico Electronic Adhesives Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Resin Type

8.3.3.2.2.             By Form

8.3.3.2.3.             By Product Type

8.3.3.2.4.             By End User Industry

9. Europe Electronic Adhesives Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Resin Type (Epoxy, Silicone, Polyurethane, Acrylic, Others)

9.2.2.     By Form (Liquid, Paste, Solid)

9.2.3.     By Product Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives, Others)

9.2.4.     By End User Industry (Consumer Electronics, Medical, Industrial, Transportation, Aerospace & Defense, Others)

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     France Electronic Adhesives Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Resin Type

9.3.1.2.2.             By Form

9.3.1.2.3.             By Product Type

9.3.1.2.4.             By End User Industry

9.3.2.     Germany Electronic Adhesives Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Resin Type

9.3.2.2.2.             By Form

9.3.2.2.3.             By Product Type

9.3.2.2.4.             By End User Industry

9.3.3.     United Kingdom Electronic Adhesives Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Resin Type

9.3.3.2.2.             By Form

9.3.3.2.3.             By Product Type

9.3.3.2.4.             By End User Industry

9.3.4.     Italy Electronic Adhesives Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Resin Type

9.3.4.2.2.             By Form

9.3.4.2.3.             By Product Type

9.3.4.2.4.             By End User Industry

9.3.5.     Spain Electronic Adhesives Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Resin Type

9.3.5.2.2.             By Form

9.3.5.2.3.             By Product Type

9.3.5.2.4.             By End User Industry