Report Description
Asia Pacific Electronics Adhesives Market Outlook 2031
The Asia Pacific Electronics Adhesives Market size was valued at USD XX Billion in 2022 and is projected to reach USD XX Billion by 2031, expanding at a CAGR of 8% during the forecast period. The growth of the market is attributed to developing technological progression in assembly of electronic adhesives.
Electronic adhesives are fragment of the electronic parts utilized in the production and assembly of electronic circuits and items. They are principally utilized in wire attaching, binding the surface-mount parts, and compressing parts. Raw substances utilized in the production of electronic adhesives contain silicones, epoxies, polysulfides, polyurethanes, and cyanoacrylates.
From glues that ensure sensitive motherboard wiring against vibration to electrically conductive glue that permits an electric circuit to complete, electronics adhesives are regularly used to provide considerably more than a solid bond. Both hot melt and cold glue adhesives are utilized in an assortment of hardware applications.
Asia Pacific Electronics Adhesives Market Trends, Drivers, Restraints, and Opportunities
- Growing demand for low-cost and reliable electronic gadgets is expected to drive the electronics adhesives market growth.
- Enhanced requirement of adhesives for bonding various assemblies in medical devices is anticipated to spur the growth of market.
- Rising demand for adhesives for printed circuit boards is expected to boost the market in the coming years.
- Unpredictability of the raw material prices can hamper the growth of the market.
- Strict governmental regulations can create challenges for the electronics adhesives market growth.
- Shift toward environment-friendly water-based adhesives is anticipated to create lucrative opportunities in the electronics adhesives industry.
Scope of Asia Pacific Electronics Adhesives Market Report
The Asia Pacific electronics adhesives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Electronics Adhesives Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Resin Types (Acrylics, Epoxy, Polyurethane, and Others) and Applications (Conformal Coatings, Encapsulation, Surface Mounting, Wire Tacking, and Others)
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Geographical Scope
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India, Japan, China, South Korea, ASEAN Countries and Rest of Asia Pacific
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Dow; 3M; Henkel Adhesives Technologies; H.B. Fuller Company; and BASF SE
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Electronics Adhesives Market Segment Insights
Epoxy segment is anticipated to constitute a key market share
In terms of resin types, the asia pacific electronics adhesives market share is categorized as acrylics, epoxy, polyurethane, and others. The epoxy segment is projected to expand at a considerable CAGR during the forecast period due to its broad electronic applications, either in two-section or single-part heat solution products.
Epoxy has sound versatility against natural and media impacts. It has a dry and non-shabby surface, which is utilized as a protective covering and is generally utilized in plastics, coatings, sealers, adhesives, paints, primers, and others. Restoring epoxy adhesives can occur either at room or raised temperature or through photo initiators and UV light.
Surface mounting segment to hold a major market share
Based on applications, the asia pacific electronics adhesives market share is segregated into conformal coatings, encapsulation, surface mounting, wire tacking, and others. The surface mounting is expected to constitute a key share of the market during the projected period due to its predominant physical and synthetic quality, which provides them long shelf life, high wet strength, fast restoring, strength, and adaptability.
China is estimated to constitute a key market share
On the basis of geography, the asia pacific electronics adhesives market share is classified as India, Japan, China, South Korea, ASEAN Countries and Rest of Asia Pacific. China is expected to constitute a key share of the market during the forecast period. The expanding urbanization, developing network, and utilization of cutting edge innovation in the assembling of car wellbeing advances and infotainment systems. The demand in the electronic business in the nation have become high in the course of recent years.
Segments
The Asia Pacific electronics adhesives market is segmented on the basis of:
Resin Types
- Acrylics, Epoxy
- Polyurethane
- Others
Applications
- Conformal Coatings
- Encapsulation
- Surface Mounting
- Wire Tacking
- Others
Geography
- India
- Japan
- China
- South Korea
- ASEAN Countries
- Rest of Asia Pacific
Key Players
- Dow
- 3M
- Henkel Adhesives Technologies
- H.B. Fuller Company
- BASF SE
Competitive Landscape
The key players competing in the Asia Pacific electronics adhesives market are Dow; 3M; Henkel Adhesives Technologies; H.B. Fuller Company; and BASF SE.
Organizations are collaborating with local manufacturers to extend their production limit and are installing advanced manufacturing processes to grow their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronics Adhesives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronics Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronics Adhesives Market - Supply Chain
4.5. Global Electronics Adhesives Market Forecast
4.5.1. Electronics Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronics Adhesives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Electronics Adhesives Market Absolute $ Opportunity
5. Global Electronics Adhesives Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Electronics Adhesives Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Electronics Adhesives Demand Share Forecast, 2019-2026
6. North America Electronics Adhesives Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Electronics Adhesives Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Electronics Adhesives Demand Share Forecast, 2019-2026
7. Latin America Electronics Adhesives Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Electronics Adhesives Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Electronics Adhesives Demand Share Forecast, 2019-2026
8. Europe Electronics Adhesives Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Electronics Adhesives Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Electronics Adhesives Demand Share Forecast, 2019-2026
9. Asia Pacific Electronics Adhesives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Electronics Adhesives Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Electronics Adhesives Demand Share Forecast, 2019-2026
10. Middle East & Africa Electronics Adhesives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Electronics Adhesives Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Electronics Adhesives Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Electronics Adhesives Market: Market Share Analysis
11.2. Electronics Adhesives Distributors and Customers
11.3. Electronics Adhesives Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Dow
11.4.2.
3M
11.4.3.
Henkel Adhesives Technologies
11.4.4.
H.B. Fuller Company
11.4.5.
BASF SE