Global Electronic Adhesives Market, Industry Growth, Analysis, and Forecast To 2022 – by Credence Research
The latest market report published by Credence Research,
Inc. “Electronic adhesives Market, By
Form (Liquid, Paste, Solid), By Type (Electrically Conductive, Thermally
Conductive, UV Curing, and others), By Application (Printed Circuit Board and
Semiconductor & IC) and By Region (North America, Europe, Asia Pacific,
Latin America, & Middle East & Africa) - Growth, Future Prospects and
Competitive Analysis, 2017 - 2025,” the global electronic adhesives
market was valued at US$ 4.69 Bn in 2016, expanding at a CAGR of 10.9% from
2017 to 2025.
Browse the full electronic
adhesives market - Growth, Future Prospects and Competitive Analysis, 2017 –
2025 report at http://www.credenceresearch.com/report/electronic-adhesives-market
Market Insights
Electronic adhesives are used for
manufacturing and assembling electronic circuits and products. Electronic
adhesives are mainly used in bonding surface-mount components, wire tracking,
conformal coatings and for encapsulating printed circuit board which is the
basic building block of electronic industry. Electronic adhesives market offer
different type of properties, such as electrically conductive, thermally
conductive, UV Curing, and others. Electrical conductive is the most common and
widely used, followed by thermal conductive. The electronic adhesives market is
projected to be the highest in Asia-Pacific owing to factors such as growing
demand for electronic devices, rise in standard of living, increasing foreign
investment and so on.
Factors such as increasing demand
from the encapsulation and electronic industry, increasing R&D activities,
circuit molding industries and emerging economies in Asia-Pacific region are
driving the use of electronic adhesives in the PCB industry. Whereas, the
increasing demand for miniaturization and automation of electronic devices, and
IC packaging applications are the key factors fueling the demand growth of
electronic adhesives in the semiconductor & IC industry.
Competitive Insights
The electronic adhesives market is
relatively competitive and consolidated with large number of players. Dominant
players in the electronic adhesives market are Alent Plc (U.K.), BASF SE
(Germany), The DOW Chemical Company (US.), H.B. Fuller (US.), and Henkel AG
& Co., KGaA (Germany), among others. Key strategy used by the industry
players is the expansion strategy, where in market players are enhancing their
reach in emerging market. This strategy accounts for more than 40% share of all
growth strategy adopted in the recent past. Market players is focusing on
meeting the ever-increasing demand of the consumer and expansion is paving the
way for it.
Key Trends
- Emerging economies such as
Japan and Taiwan offers huge growth potential
- Impulsive Market Conditions &
High Production Cost
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