Global Electronics UV Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Electronics UV Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

UV adhesives cure in seconds when exposed to high intensity UV light and are widely used in electronic assembly. The on demand cure feature of these resins means no rework as a result of adhesive migrating onto solder pads or through holes. UV adhesives for electronic assembly are ideal for bonding heat sinks and heat sensitive components, wire and component tacking, strain relief of large parts and securing hand inserted components prior to wave soldering.

Market Overview:

The latest research study on the global Electronics UV Adhesives market finds that the global Electronics UV Adhesives market reached a value of USD 550.12 million in 2022. It’s expected that the market will achieve USD 818.2 million by 2028, exhibiting a CAGR of 6.84% during the forecast period.

Electronics UV Adhesives Market Drivers

UV adhesives are considered one of the most advantageous methods for rapid curing, providing powerful benefits. UV light is a form of electromagnetic radiation that can be broken down into various wavelengths between 10 and 400 nanometers, commonly referred to as UVA, UVB, or UVC lighting. The electromagnetic properties of ultraviolet wavelengths are so powerful it can instantly cure many different types of materials including polymer resins, adhesive coatings, and inks and varnishes. UV adhesive is widely used for electronics applications. The rapid cure and lower temperature UV curing process improves production rates without damage to sensitive electronic components, improving competitiveness and profitability. UV curing enables in-line testing, further assembly, minimized handling, increased throughput and product life-all while eliminating the space and energy requirements of heat cures.
Increasing attention to the miniaturization of electronic devices such as mobile devices, touch screens and displays has led to an increase in the demand for smaller components, as well as the increasing dependence of consumers on more advanced and smarter consumer devices, which is an important factor to promote the growth of market revenue. As electronic products become smaller and more compact, the requirements for wire bonding and packaging component bonding are higher and higher due to more concentrated and denser placement, so the demand for electronics UV adhesives is also increasing.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview

The top three companies are Henkel, H. B. Fuller, 3M with the revenue market share of 11.03%, 7.81% and 7.73% in 2020.

Henkel is a company that engages in laundry and home care, beauty care, and adhesive technology businesses. It operates through three segments. The laundry and home care segment offer heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, laundry care products, dishwashing products, cleaners for bathroom and WC applications, etc. The beauty care segment offers hair cosmetics, products for body, skin, and oral care, and products for the professional hair salon business. The adhesive technologies segment provides industrial and specialty adhesives, sealants, and functional coatings.

Delo Industrial Adhesives is a leading manufacturer of industrial adhesives headquartered in Windach near Munich, Bavaria. As an owner-managed business, for 60 years Delo Industrial Adhesives has been supplying our special customized adhesives and equipment systems for applications in high-tech industries such as automotive, aviation, optoelectronics, and electronics. Delo has offices in the United States, China, Singapore and Japan, as well as representative offices around the world to ensure that clients receive professional advice wherever they are.

Segmentation Overview:

Among different product types, Acrylate Based segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Electronics UV Adhesives market covered in Chapter 3:

MasterBond
Krylex
Dexerials
Loxeal
H. B. Fuller
Henkel
Kyoritsu Chemical
Delo Industrial Adhesives
3M
Parson Adhesives
Mitsubishi Chemical
Vibra-Tite
Dymax Corporation
Shinetsu
Panacol-Elosol GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the Electronics UV Adhesives market from 2018 to 2029 is primarily split into:

Acrylate Based
Epoxy Based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Electronics UV Adhesives market from 2018 to 2029 covers:

Consumer Electronics Communication Electronics
Industrial Electronics
Automotive Electronics
Military & Aerospace Electronics

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)