The global electronic adhesives market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include growing demand for electric component in different industries, and the development in the technologies are supporting the growth of the market. Electronics adhesives are basically a binder which is used to integrate the electronic components due to its high bond strength. They are widely used in industrial, consumer, computers and servers, medical field, and automotive sector. The other factors supporting the market’s growth are, 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, rising adoption of collaborations and product launch are driving the growth of the market.
Rising Demand for Electronic Devices and Equipments
According to the OICA, in 2021, the collective vehicle production across China, Japan, and India was more than 38.5 million. Rising popularity for medical devices and wearables are augmenting the growth of the market
Technological Advancements Supports the Market
For instance, in 2018, a team of professionals at the University of Porto proposed a new polymer coating technique for flexible electronics.
Increasing Collaborations and Product Launching
For instance, in 2021, Henkel Adhesive Technologies along with Quad Industries collaborated to provide support for technological value creation, 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.
Market Segmentation
In terms of country, the United States is expected to be a lucrative market in the forecast period due to rising demand in 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
Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, Volume Units and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, Volume forecast company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Resin Type
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Form
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Product Type
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End User
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Company
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Regional scope
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North America; Asia Pacific; Europe & CIS; South America;
Middle East & Africa
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Country scope
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United States; Canada; Mexico; China; India; Japan; South
Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia;
South Africa; UAE; Saudi Arabia; South Africa;
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Key companies profiled
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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
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and
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in PPT/Word format on special request)
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