Segments - Middle East & Africa Electronics Adhesives Market by Resin Types (Epoxy, Acrylics, Polyurethane, and Others), Applications (Conformal Coatings, Surface Mounting, Encapsulation, Wire Tacking, and Others), and Geography (Saudi Arabia, South Africa, UAE, Qatar, and Rest of Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, And Forecast 2023 – 2031
The Middle East & Africa electronics adhesives market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 8% during 2023–2031. The growth of the market is attributed to increasing demand and penetration of electronic gadgets.
Electronic adhesive is a part of the electronic components that are used in the manufacturing as well as assembly of electronic circuits and products. It is mainly used in wire tacking, binding the surface-mount components, and encapsulating components. The raw materials used in the production of electronic adhesives include silicones, epoxies, polysulfides, polyurethanes, and cyanoacrylates.
The major methods of applying adhesives in electronics applications includes screen printing which is squeezing the adhesive through patterns in a screen, pin transfer, which includes using multi-pin grids to convey patterns of adhesive drops to the board, and syringe application, in which shots of adhesive are delivered by a pressure-regulated syringe.
Syringe application is the most preferred method, by way of electro-pneumatically-controlled syringes for moderate production of different types of printed circuit boards (PCBs).
Growing computers & servers, communications, and consumer electronics industries had led to significant growth of the market.
Increasing demand for mobile electronic and telecommunication devices is excepted to propel the growth of the electronics adhesives market in the region.
Technological advancement coupled with implementation of safety regulations for electronic applications is expected to boost the growth of the market during the forecast period.
Rising production of the electric vehicles is excepted to boost the growth of the Middle East & Africa electronics adhesives market.
High installation and product cost can hinder the market growth.
The report on the Middle-East & Africa electronics adhesives market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Middle-East & Africa electronics adhesives - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Resin Types (Epoxy, Acrylics, Polyurethane, and Others), Applications (Conformal Coatings, Surface Mounting, Encapsulation, Wire Tacking, and Others) |
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Geographical Scope |
Saudi Arabia, South Africa, UAE, Qatar, and Rest Of Middle East & Africa |
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Report Coverage |
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 |
Henkel AG & Co. KGaA, Dow, H.B. Fuller Company, 3M, and Arkema |
Based on resin types, the market is divided into epoxy, acrylics, polyurethane, and others. The acrylics segment is expected to account for a considerable market share during forecast period. This resin type exhibits sound chemical and physical resistance and ensures a long lifespan of the material application. Acrylic resin is expected to completely replace solvent-based acrylic resins in the paints & coatings applications due to environmental regulations regarding the VOC emissions.
On the basis of applications, the market is segmented into conformal coatings, surface mounting, encapsulation, wire tacking, and others. The surface mounting segment to account for a major market share during the forecast period. Surface mounting are also known as chip bonding. Surface mounting adhesives are used to hold surface-mount technology components on a substrate that requires double-sided processing before it goes into a solder reflow or wave solder process. It adds extra holding power for larger components exposed to high shock environment.
In terms of regions, the Middle-East & Africa electronics adhesives market is segregated into Saudi Arabia, South Africa, UAE, Qatar, and Rest of Middle East & Africa. Saudi Arabia is expected to dominate the market share during forecast period. Increasing focus on improving the safety of the vehicles in the country is increasing the demand for PCBs, boosting the market growth in the country.
The Market Middle-East & Africa electronics adhesives has been segmented on the basis of
Key players operating in the Middle-East & Africa electronics adhesives market includes Henkel AG & Co. KGaA, Dow, H.B. Fuller Company, 3M, and Arkema.
Developments, mergers & acquisitions, and investment & expansion are the key strategies adopted by the major companies operating in the Middle East & Africa electronic adhesives market.
Saudi Arabia is projected to dominate due to its increasing focus on vehicle safety and rising demand for printed circuit boards (PCBs).
Key players include Henkel AG & Co. KGaA, Dow, H.B. Fuller Company, 3M, and Arkema.
High installation and product costs are major restraints for market growth.
The surface mounting segment is expected to account for a major market share during the forecast period.
The main methods are screen printing, pin transfer, and syringe application, with syringe application being the most preferred for moderate PCB production.
Growth is driven by increasing demand for electronic gadgets, expansion of computers & servers, consumer electronics, telecommunications, and rising electric vehicle production.
Acrylics are expected to account for a considerable market share due to their chemical and physical resistance and environmental benefits.
Key applications include conformal coatings, surface mounting, encapsulation, wire tacking, and others.
The report covers Saudi Arabia, South Africa, UAE, Qatar, and the Rest of Middle East & Africa.
The Middle East & Africa electronics adhesives market is expected to grow at a CAGR of 8% from 2023 to 2031.