The Business Research Company’s report on the Electronic Adhesives Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the electronic adhesives market’s growth in recent years?
Increasing demand for smartphones is expected to propel the growth of the electronic adhesives market going forward. A smartphone refers to a portable electronic gadget with a cellular network connection. Electronic adhesives help smartphones connect the glass display window and camera lens, the keypad and membrane switch sections, the flex circuits and cables, the microphones and speakers, the electromagnetic interference (EMI) shielding, the battery compartment, and the outside case. For instance, in March 2023, according to a report published by Cybercrew, a UK-based developing and providing cybersecurity solutions for businesses of all sizes, the percentage of UK households using smartphones will increase to 93.8% in 2026. Therefore, increasing demand for smartphones is driving the growth of the electronic adhesives market.
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How does the future projection of the electronic adhesives market size compare to its historical growth?
The electronic adhesives market size has grown strongly in recent years. It will grow from $4.69 billion in 2024 to $5.16 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to quality assurance and standards, demand for high performance, global electronics industry growth, emergence of new materials.
The electronic adhesives market size is expected to see rapid growth in the next few years. It will grow to $7.65 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to reliability and performance standards, rapid evolution in consumer electronics, smart manufacturing and industry 4.0, increasing demand in automotive electronics, environmental regulations and sustainability. Major trends in the forecast period include advanced materials development, healthcare electronics demand, and global market penetration, expansion in IoT and connectivity, innovative application methods, miniaturization trends.
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Which key players are shaping the future of the electronic adhesives market?
Major companies operating in the electronic adhesives market are 3M Company, Dymax Corporation, The DOW Chemical Company, Henkel AG & Co. KGaA, H.B. Fuller Company, BASF SE, Evonik Industries AG, Sika AG, Bostik AG, ThreeBond, Shin Etsu Silicones, Konishi Co. Ltd., Teraoka Seisakusho Co. Ltd., Tomoegawa Co. Ltd., Yamato Co. Ltd., Indium Corporation, LG Chemical Limited, Alent PLC, Hitachi Chemicals Company Limited, Kyocera Chemical Corporation, Arkema Pvt. Ltd., Ashland Global Holdings Inc., Avery Dennison Corporation, Covestro AG, Huntsman International LLC, Illinois Tool Works Inc., MAPEI S.p.A., Permabond LLC, Pidilite Industries Ltd., Mitsui Chemicals Inc., DELO Industrial Adhesives, LORD Corp.
What trends will propel the growth and evolution of the electronic adhesives market?
Major companies operating in the electronic adhesives market are launching a new medical adhesive such as, Extended Wear Adhesive Tape, to address the need for extended wear times an gain a competitive edge in the market. Extended wear adhesive tape is a type of medical tape that is designed to adhere to the skin for an extended period, typically up to 21 days. For instance, in April 2022, 3M, a US-based consumer goods, health care, and worker safety company launched 3M Spunlace Extended Wear Adhesive Tape on Liner, 4576, designed for up to 21 days of continuous wear on the skin, facilitating longer wear times for devices, supporting user compliance and health economic benefits. The acrylate-based adhesive offers flexibility, conformability, and strong adhesion, make it ideal for continuous extended wear in and out of care facilities, marking a significant advancement in device design for real-time health monitoring.
Which regions are expected to become dominant players in the electronic adhesives market?
Asia-Pacific was the largest region in the electronic adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the electronic adhesives market, and how are they evolving?
The electronic adhesives market covered in this report is segmented –
1) By Resin Type: Epoxy, Silicone, Polyurethane, Acrylic, Other Resin Type
2) By Type: Non Conductive, Electrically Conductive, Thermally Conductive, Ultra Violet Curing
3) By Form: Liquid, Paste, Solid
4) By Application: Thermal Management, Conformal Coatings, Encapsulation, Surface Mounting, Wire Tacking, Soldering, Underfills, Sealing, Constructional
5) By End Use: Mobiles And Telecommunication Devices, Desktops And Networks, Televisions, Home Appliances, Automotive Electronics, Aerospace Electronics, Analytical And Measurement Instruments, Other End Uses
Subsegments:
1) By Epoxy: Two-Part Epoxy Adhesives, One-Part Epoxy Adhesives
2) By Silicone: Heat-Resistant Silicone Adhesives, Pressure-Sensitive Silicone Adhesives
3) By Polyurethane: Flexible Polyurethane Adhesives, Rigid Polyurethane Adhesives
4) By Acrylic: Solvent-Based Acrylic Adhesives, Water-Based Acrylic Adhesives
5) By Other Resin Types: Cyanoacrylate Adhesives, Phenolic Adhesives, Other Specialty Adhesives
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How is the electronic adhesives market defined, and what are its core characteristics?
Electronic adhesives refer to the glue that is part of the electronic components used in the manufacture and assembly of electronic circuits and products. Electronic adhesives are used in surface-mounting, assembling substrates on printed circuit boards (PCB) and semiconductors, potting and encapsulations, and manufacturing and assembly of electronic circuits and products.
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