The global electronic adhesives market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). The increasing demand for the miniaturization/automation of mobile devices, touch screens & displays, and medical electronic systems is driving the growth of the electronic adhesives market. The growing demand for these products has led to an increase in the consumption of electronic adhesives. Electronic adhesives are mainly used in surface-mounting, assembling substrates on PCBs and semiconductors, potting & encapsulations, and manufacturing & assembly of electronic circuits and products.
New designs targeting higher energy densities in battery packs bring along the requirement for multifunctional thermally conductive adhesives instead of classical thermal gap fillers. For instance, in May 2022, Henkel AG & Co. KGaA launched a new injectable thermally conductive adhesive for EV battery systems. Henkel has extended its broad portfolio of solutions for EV battery systems with a first-of-its-kind injectable thermally conductive adhesive. The new adhesive – Loctite TLB 9300 APSi – provides both structural bonding, as well as thermal conductivity in the battery system.
Browse the full report description of “Electronic Adhesives Market Size, Share & Trends Analysis Report by Resin Type (Epoxy, Silicone, Polyurethane (PU), Acrylic and Others), by Product Type (Electrically Conductive Adhesives, Thermally Conductive Adhesives and Others), and by End-Use Industry (Computers, Communications, Consumer Electronics, Industrial, Medical, Transportation and Commercial Aviation and Defense), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/electronic-adhesives-market
Market player promoting technological and business development to achieve carbon neutrality in the industrial sector focused on process development using microwaves, which can directly and selectively heat target substances with high energy efficiency. For instance, in April 2023, Asahi Kasei and Microwave Chemical launched a joint demonstration project for the chemical recycling of polyamide 66 using microwave-based technology. PA66 is used in various applications, including plastic parts for automotive and electronic products, and yarn for airbag fabric, and its demand is expected to increase globally.
The demand for efficient and environmentally friendly products is constantly increasing. This ensures stringent sustainability principles such as social responsibility and high environmental standards. For instance, in June 2022, Evonik launched sustainable liquid polybutadienes with POLYVEST® eCO. The use of sustainably produced butadiene in the manufacture of this innovative product line has been shown to reduce the use of fossil raw materials by up to 99.9%. POLYVEST® eCO is used as a raw material for adhesives and sealants in the automotive, electronics, and construction industries.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Resin Type
o By Product Type
o By End-use Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes 3M, DELO Industrie Klebstoffe GmbH & Co. KGaA, H.B. Fuller, Henkel AG & Co. KGaA, The Dow Chemical Company.
Key questions addressed by the report
Global Electronic Adhesives Market Report Segment
By Resin Type
By Product Type
By End-use Industry
Global Electronic Adhesives Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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