World Market for Electronic Adhesives Will Reach $4.77 Bn in 2017

Wednesday 1 February 2017, Amsterdam

A new report, now available on ASDReports, concludes that the world market for electronic adhesives will reach $4.77 billion in 2017. This analysis and others appear in this fresh new market study Electronic Adhesives Market Report 2017-2027: Analysis And Forecasts By Form (Liquid, Paste Solid), By Type (Electrically Conductive, Thermally Conductive, UV Curing, Other) By Application (Printed Circuit Boards (PCB), Semiconductor and IC) published.

Electronic adhesives are environmentally friendly and are used as an alternative to solder, in the manufacturing and assembly of electronic components and products. They are mostly used as an adhesive material in the use of printed circuit boards. They are used as an adhesive material for conformal coatings, for bonding of surface mount components, wire tracking and encapsulating components. The growing demand for products that are competitive with slimmer designs, have a shorter process time and high strength for the smaller bond area have led to the growth of electronic adhesives in the electronic industry.

Asia-Pacific is the largest electronic adhesives market with a share of 64.5%, in terms of value, of the global market in 2016. Asia-Pacific is projected to register one of the highest growth rates due to the presence of technologically advanced countries such as China and Japan and emerging economies like India and Taiwan. The growth is mainly due to the extensive patent activities adopted by major established players along with various expansion activities for the development of electronic adhesives and its potential applications. North America is the second-largest market for electronic adhesives globally.

Electrically conductive adhesives dominated the electronic adhesives type market. The ability to cure at room temperatures, improve reliability, and increase the thermal & mechanical strength of the electronic devices are the key factors driving the growth of electrically conductive adhesives in the global electronic adhesives market. UV curing is the fastest-growing type of electronic adhesives.

This 161 page report contains 139 tables, charts and graphs that add visual analysis in order to explain developing trends within the electronic adhesives market. The key player provides forecasts for the period 2017 to 2027 in terms of value (US$) for the electronic adhesives market. In addition, 10 submarkets are forecasted and analysed over the period 2017 to 2027 by form (Liquid, Paste Solid), by type (Electrically Conductive, Thermally Conductive, UV Curing, Other) and by application (Printed Circuit Boards (PCB), Semiconductor and IC)