Global E-glue Market Size By Type (Electrically Conductive, Thermally Conductive, UV Curing), By Application (Printed Circuit Board, Semiconductor & IC), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global E-glue Market Size By Type (Electrically Conductive, Thermally Conductive, UV Curing), By Application (Printed Circuit Board, Semiconductor & IC), By Geographic Scope And Forecast
E-glue Market Size And Forecast
E-glue Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e., from 2023 to 2030.
So, what's making e-glue so popular? Well, it's all about the growing needs of industries that rely on it. Take the automotive and aerospace fields, for example. They're using e-glue to stick together everything from composites to metals and plastics. And it's not just them! The construction industry uses it to attach things like laminates and concrete. Even the electronics industry is in on it, using it for things like circuit boards and packaging. If you're curious to learn more, the Global E-glue Market report gives you the full picture. It dives deep into the key areas, trends, what's helping it grow, what's holding it back, and who the major players are.
Global E-glue Market Definition
E-glue is a term that can be used to describe an adhesive or glue that depends on epoxy resin, a class of polymer. The exceptional bonding qualities of epoxy-based adhesives, such as their high strength, long lifespan, and resilience to heat and chemicals, are well known. E-glue is frequently employed in a wide range of tasks, including the bonding of materials such as plastics, metals, ceramics, composites, and other types in the construction, automotive, aerospace, electronics, and consumer goods industries.
Moreover, a particular manufacturer or distributor of adhesives may utilize the brand name or trademark e-glue. In this instance, “E-glue” would refer to a particular adhesive material or formulation made available by that specific brand or business. E-glue is also a colloquial word for glues or adhesives that are applied in electronic applications. This could apply to specific applications in the electronics sector such as potting, encapsulating, or adhesives for connecting electronic components.
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Global E-glue Market Overview
The requirement for an adhesive that can bond and safeguard electronic components is rising as a result of the expanding usage of electronics in numerous applications, including automotive, aircraft, electronics for consumers, and industrial automation. In the electronics industry, e-glue is frequently utilized for tasks like attaching electronic components together and assembling circuit boards. E-glue producers may have chances as a result of the electronics industry’s continuing expansion to meet the rising need for specialist adhesive products in this area.
Moreover, lightweight materials, such as composites, are becoming more popular in various industries, including automotive and aerospace, in an effort to increase performance, decrease emissions, and improve fuel economy. The market for e-glue can profit from the shift toward lightweight materials in numerous industries because it is frequently used to join lightweight materials. Due to the increased demand in these sectors, e-glue producers now have the chance to design specific formulas that are ideal for bonding lightweight materials.
Furthermore, there is an increasing demand for tailored and application-specific adhesive compositions that offer unique features and performance characteristics. By creating customized formulas that are tailored to particular applications or sectors, such as elevated temperature resistance, durability against impacts, flexibility, and various other performance criteria, e-glue makers can profit from this trend. E-glue manufacturers may have the opportunity to stand out from the competition and meet the unique needs of their clients if they use customized formulations.
Global E-glue Market Segmentation Analysis
The Global E-glue Market is segmented on the basis of Type, Application, And Geography.
E-glue Market, By Type
Electrically Conductive
Thermally Conductive
UV Curing
Others
So, when we talk about types of e-glue, we're mainly looking at electrically conductive, thermally conductive, UV curing, and, well, other kinds. Think of electrically conductive e-glue as a substance packed with tiny particles that love to carry electricity. That's what makes it stick so well to printed circuit boards (PCBs)! Plus, it helps keep things cool by spreading the heat around. Then there's thermally conductive e-glue, a fantastic adhesive for anything from electronics to renewable energy gizmos. It's a real whiz at thermal management, handling both hot and cold temperatures with ease. And finally, UV curing is all about using ultraviolet light to harden liquid adhesives, like epoxy. This involves special lights, sometimes even mercury vapor lamps, that shine light at just the right frequency (around 254 nm) to kickstart the hardening process. Pretty cool, huh?
E-glue Market, By Application
Printed Circuit Board
Semiconductor & IC
Others
Based on of Application, the market is bifurcated into printed circuit boards, semiconductors & IC, and others. Global e-glue is primarily used in printed circuit boards to provide connections for surface mount technology (SMT). In the semiconductor and integrated circuit industries, e-glue is utilized to provide strong adhesion between two surfaces. E-glue is an adhesive substance that effectively connects surfaces electrically to bond them together.
E-glue Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
So, when we look at the Global E-glue Market, we can break it down by where in the world it's happeningNorth America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Right now, North America is really leading the charge, mostly because industries that make things like appliances and semiconductors are asking for more and more e-glue. But don't count out Latin America! Places like Mexico, Brazil, and Argentina are using more SMT manufacturing equipment, which means the e-glue business there is growing fast. We're also expecting some new companies to jump into the market between 2023 and 2030. And keep an eye on Europe! They're predicted to have the biggest growth in 2022. That's probably because people want cool, high-quality stuff, and more and more printed circuit boards (PCBs) are being used. Plus, government help like funding for research is helping the industry grow even more.
Key Players
The “Global E-glue Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as American Biltrite, Inc., Adhesives Research Inc., Avery Dennison Corporation, BASF SE, Dow Chemical Company, 3M Company, Covestro, Bostik Sa, Henkel, Ashland Inc., RPM International Inc., ITW Performance Polymers (Illinois Tool Works Inc.), H.B. Fuller Company, Beardow & Adams (Adhesives) Ltd., Chemence Inc., Huntsman Corporation, Pidilite Industries, Ninghai Dingcheng Adhesive Co., Ltd., Royal Adhesives and Sealants, Sika Ag, and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global E-glue Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global E-glue Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2019-2030
Base Year
2022
Forecast Period
2023-2030
Historical Period
2019-2021
Key Companies Profiled
American Biltrite, Inc., Adhesives Research Inc., Avery Dennison Corporation, BASF SE, Dow Chemical Company, 3M Company, Covestro, Bostik Sa.
Segments Covered
By Type
By Application
By Geography
Customization Scope
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
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Reasons to Purchase this Report
We dig into the market using both qualitative and quantitative analysis, breaking it down by segments considering everything from the economy to other influences. You'll get market value (in USD Billion) for each segment and sub-segment. We'll also point out the region and segment that's likely to grow the fastest and be the biggest overall. Our analysis looks at each geographical area, highlighting how much of the product/service is used there, and what's influencing the market in each place. We'll map out the competitive landscape, showing where major players rank, plus any new services/products, partnerships, expansions, and acquisitions they've made in the last five years. Expect detailed company profiles, with overviews, insights, product comparisons, and even a SWOT analysis for the top players. We'll give you the current and future outlook for the industry, based on recent happenings (think growth opportunities and driving forces, as well as challenges and what's holding things back in both new and established regions). There's an in-depth look at the market from different angles using Porter's five forces, plus a look at the Value Chain. Finally, we outline the market's dynamics and growth possibilities for the years ahead, and we back it all up with 6 months of analyst support after the sale.
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