Polyurethane (PU) Adhesive in Electronics Market

Polyurethane (PU) Adhesive in Electronics Market by Product Types (Electrically Conductive Adhesive, Thermally Conductive Adhesive, UV Curing Adhesive, and Others), Applications (Surface Mounting, Conformal Coatings, Wire Tacking, Potting, and Encapsulation), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1090
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 3
  • No. Of Pages: 195
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global polyurethane (PU) adhesive in electronics market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to superior intrinsic properties of polyurethane, such as thermal dissipation functionality, making them suitable for numerous applications.
 

Polyurethane (PU) Adhesive in Electronics Market Key Takeaways


Polyurethane adhesives, also known as PU adhesives, are adhesives used for higher strength constructions and can be used for both inelastic and permanently elastic adhesives. They are based on polymers, but often contain various additives. PU adhesives are often used as two-component adhesives.

PU adhesives are multi-purpose products and can be used to bond a variety of building materials, which include wood, glass, concrete, metals, and carpets. These adhesives are flexible, durable, and provide good impact resistance. They vary in degree of resistance, which depends on the exposed heat and type of chemicals to the adhesive. They can be used to seal fuel tanks and are not damaged by prolonged high temperature.

PU adhesives are formed by the reaction of various types of isocyanates with polyols. The polar urethane group enables adhesion to various surfaces. Depending on the raw material, elastic to brittle hard characteristic of the adhesive can be achieved.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increased application in automotive industry is one of the major drivers that is contributing to the growth of the global polyurethane (PU) adhesive in electronics market.
  • Growing technological dominance in the electronic market is expected to augment the market growth.
  • Lack of awareness about the wider application of PU adhesive in electronics can restraint the growth of the market.
  • Stringent regulations related to volatile organic compounds (VOCs) emission can hinder the market growth.
  • Continuous innovation and development of advanced manufacturing process can create remunerative opportunities for the industry players in the projected timeline.

Scope of the Report

The report on the global polyurethane (PU) adhesive in electronics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Polyurethane (PU) Adhesive in Electronics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Electrically Conductive Adhesive, Thermally Conductive Adhesive, UV Curing Adhesive, and Others) and Applications (Surface Mounting, Conformal Coatings, Wire Tacking, Potting, and Encapsulation)

Regional scope

North America, Latin America, Europe, Asia Pacific, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA

 

Polyurethane (PU) Adhesive in Electronics Market Segment Insights:

Electrically conductive adhesive segment to grow at a rapid pace
Based on product types, the market is divided into electrically conductive adhesive, thermally conductive adhesive, UV curing adhesive, and others. The electrically conductive adhesive segment is anticipated to account for a key market share and is anticipated to grow at a rapid rate during the forecast period. The electronics industry has been continuously innovating existing products with advanced features along with development of new electronic devices, which is expected to drive the segment growth. Thus, ongoing innovation in the electronics industry, which includes 5G supporting smartphones is propelling the market segment growth.

Conformal coatings segment to account a major market share
Based on applications, the market is divided into surface mounting, conformal coatings, wire tacking, potting, and encapsulation. The conformal coatings segment is anticipated to account for a major market share in the projected timeline. Printed circuit boards (PCBs) are required to be protected from moisture, salt spray, chemicals and temperature extremes in order to prevent corrosion or electrical failures.
 

Polyurethane (PU) Adhesive in Electronics Market By applications


Asia Pacific to account a significant market share
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to account for a considerable market share owing the presence of strong production base of end-user industries, and growing investments in the construction of manufacturing facilities have been driving the consumption of polyurethane (PU) adhesives in electronics.
 

Polyurethane (PU) Adhesive in Electronics Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyurethane (PU) Adhesive in Electronics 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. Polyurethane (PU) Adhesive in Electronics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Polyurethane (PU) Adhesive in Electronics Market - Supply Chain
  4.5. Global Polyurethane (PU) Adhesive in Electronics Market Forecast
     4.5.1. Polyurethane (PU) Adhesive in Electronics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Polyurethane (PU) Adhesive in Electronics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Polyurethane (PU) Adhesive in Electronics Market Absolute $ Opportunity
5. Global Polyurethane (PU) Adhesive in Electronics 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. Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
6. North America Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
7. Latin America Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
8. Europe Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
9. Asia Pacific Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
10. Middle East & Africa Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics 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 Polyurethane (PU) Adhesive in Electronics Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Polyurethane (PU) Adhesive in Electronics Market: Market Share Analysis
  11.2. Polyurethane (PU) Adhesive in Electronics Distributors and Customers
  11.3. Polyurethane (PU) Adhesive in Electronics Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. 3M
     11.4.2. Arkema Group
     11.4.3. H.B. Fuller
     11.4.4. Henkel AG & Co. KGaA
     11.4.5. Sika AG

Segments Covered in the Report
The global Polyurethane (PU) adhesive in electronics market have been segmented on the basis of

Product Types

  • Electrically Conductive Adhesive
  • Thermally Conductive Adhesive
  • UV Curing Adhesive
  • Others

Applications

  • Surface Mounting
  • Conformal Coatings
  • Wire Tacking
  • Potting
  • Encapsulation

Regions

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Players

  • 3M
  • Arkema Group
  • H.B. Fuller
  • Henkel AG & Co. KGaA
  • Sika AG

The major players of the market are 3M, Arkema Group, H.B. Fuller, Sika AG, and Henkel AG & Co. KGaA. Companies are heavily investing in R&D activities, and engaging in partnerships, joint ventures, and acquisitions to expand their market share.
 

Polyurethane (PU) Adhesive in Electronics Market By Key Players

Buy Report