Electronic Adhesives

Electronic Adhesives

Global Electronic Adhesives Market to Reach US$7.0 Billion by 2030

The global market for Electronic Adhesives estimated at US$4.8 Billion in the year 2023, is expected to reach US$7.0 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2023-2030. Electrically Conductive Adhesives, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$2.7 Billion by the end of the analysis period. Growth in the Thermally Conductive Adhesives segment is estimated at 4.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 8.3% CAGR

The Electronic Adhesives market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 5.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Global Electronic Adhesives Market - Key Trends and Drivers Summarized

How Are Electronic Adhesives Shaping the Future of Device Assembly?

Electronic adhesives are crucial in the assembly and manufacture of electronic components and devices, playing a pivotal role in the durability and functionality of modern electronics. These specialized adhesives are used to bond and protect electronic components such as semiconductors, capacitors, and display panels. They are designed to meet the stringent requirements of electronic applications, including high thermal conductivity, electrical conductivity (or insulation), and resistance to moisture, chemicals, and extreme temperatures. The rise of wearable technology, smartphones, and sophisticated automotive electronics has heightened the demand for reliable and efficient electronic adhesives that enable lighter, smaller, and more flexible devices. By providing essential support and protection for sensitive components, electronic adhesives are integral to advancements in technology and are key to the longevity and reliability of electronic devices.

What Innovations Are Enhancing the Functionality of Electronic Adhesives?

Innovations in electronic adhesives are primarily aimed at improving performance under challenging operational conditions and enhancing the manufacturing process. Advances include the development of conductive adhesives that can replace traditional soldering methods, offering lower processing temperatures and greater flexibility in electronic assembly. These are particularly important for temperature-sensitive components and substrates used in modern devices. Additionally, adhesives with improved thermal management capabilities are being developed to dissipate heat more effectively in densely packed electronic assemblies. Researchers are also focusing on eco-friendly adhesives that use less hazardous substances and are easier to recycle, aligning with global sustainability trends. Furthermore, the introduction of UV-curable adhesives has revolutionized production lines, significantly speeding up the curing process and reducing energy consumption.

How Do Electronic Adhesives Impact Environmental Sustainability?

Electronic adhesives contribute to environmental sustainability by enabling the production of more energy-efficient electronics and reducing waste during the manufacturing process. By facilitating the assembly of smaller, lighter devices, these adhesives help reduce material use and energy consumption in both production and end-user phases. The shift towards adhesives that can be cured at lower temperatures also decreases energy requirements and emissions from manufacturing processes. Additionally, advancements in biodegradable and recyclable adhesives are helping to minimize the environmental impact at the end of a product`s lifecycle. As the electronics industry moves toward greener manufacturing practices, the development of sustainable electronic adhesives is becoming increasingly important.

What Trends Are Driving Growth in the Electronic Adhesives Market?

Several key trends are driving growth in the electronic adhesives market, including the rapid expansion of the electronics industry, the increasing complexity of electronic devices, and the growing emphasis on sustainability. As electronic devices become more compact and functionality increases, there is a greater need for adhesives that can meet precise application requirements and withstand demanding operating conditions. The trend towards wearable and flexible electronics is particularly driving the need for innovative adhesive solutions that offer durability and flexibility. Moreover, as environmental regulations become stricter, there is a rising demand for adhesives that are less volatile and more recyclable. These trends, coupled with ongoing technological advancements in adhesive materials and application methods, ensure robust market growth and extensive opportunities for innovation in electronic adhesives.

Select Competitors (Total 12 Featured) -

• 3M Company
• Dow, Inc.
• DuPont de Nemours, Inc.
• Evonik Industries AG
• H. B. Fuller Company
• Henkel AG & Co. KGaA
• LG Chem Ltd.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.