Electronics Adhesives Market Research Report 2024

Electronics Adhesives Market Segment Analysis:

The Electronics Adhesives market is segmented on the basis of Type, Form, Application, End-User, and Region

By Form, Liquid Segment Is Expected to Dominate the Market During the Forecast Period

• The Fluid category is expected to continue holding a strong stance in the electronics adhesives industry, mainly because of its adaptable characteristics and diverse uses in electronic assembly and manufacturing procedures. This type of glue provides distinct benefits that coincide with the changing needs of the electronics sector.
• Liquid glues are known for their flexibility they can be utilized in different formats - like pastes, gels, or liquids - based on the specific needs of the electronic assembly. This flexibility enables manufacturers to customize the adhesive properties to match the specific requirements of the application, whether it includes bonding, encapsulation, or underfill.
• Flexibility in processing is different from solid adhesives, liquid adhesives are simple to dispense and spread, making them appropriate for intricate designs and complex geometries often seen in modern electronic components. Being able to be used in exact amounts and reach small areas guarantees an even coating and a more secure connection, which is essential for the effectiveness and trustworthiness of electronics.
• The liquid adhesives are fully cured, they can provide improved mechanical and thermal characteristics. They can be designed to offer strong strength, flexibility, or thermal conductivity, crucial for the effective operation of electronic devices. This performance boost is crucial for meeting the strict requirements of advanced electronics and semiconductor usage.
• Liquid adhesives are cost-effective due to their convenience in application and the flexibility to modify viscosity and curing times. They decrease the time for production and waste of materials, leading to decreased assembly costs overall. Additionally, progress in the field of adhesive chemistry has resulted in the creation of environmentally friendly liquid adhesives, which tackle sustainability issues while also being economically feasible.
• The liquid segment's dominance in the electronics adhesives market is fueled by ongoing innovation and the creation of new formulas to meet the changing demands and trends in the electronics sector. As technology advances, electronics are evolving. Hence, in this way By Form, Liquid Segment Is Expected to Dominate the Electronics Adhesives Market.

By Application, Surface Mounting Segment Held the Largest Share In 2023

• The most important application in the electronics adhesives market is the surface mounting segment, indicating its crucial role in contemporary electronics assembly. This control arises from various important elements that underscore the essential role of adhesives in surface mount technology (SMT).
• Surface mounting is the process of connecting electronic components directly onto printed circuit boards (PCBs) without the necessity of drilling holes. The precision needed for this procedure is unrivaled, and electronic adhesives are crucial for meeting the accuracy and efficiency needed for SMT.
• Electronic devices become smaller and more advanced, and the difficulties of putting them together also become greater. In the realm of surface mounting, electronic adhesives are essential for coordinating the complex integration of components on PCBs. They allow small components to be securely attached in crowded areas, promoting the trend towards miniaturization while also ensuring the final product's functionality and reliability.
• Adhesives with diverse bonding properties are needed for the wide array of components used in surface mounting, such as capacitors, resistors, and integrated circuits. Adhesives for electronics need to stick to various materials and survive soldering, creating a strong bond that can handle the thermal and mechanical challenges of electronic devices.
• It helps in Regulating temperature for efficient operation. Efficient heat management is essential in high-performance electronic devices to avoid harm and maintain peak performance. Electronics adhesives utilized in surface mounting can also double as thermal interface materials, helping with the dispersion of heat from important components to the PCB. Hence, in this way By Application, the Surface Mounting Segment Held the Largest in the Electronics Adhesives Market.

Electronics Adhesives Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

• The Asia Pacific region is a dominant force in the electronics adhesives market due to a combination of economic, industrial, and technological factors, setting it apart as a world leader. This control is supported by a strong ecosystem that encourages creativity, sustains extensive manufacturing capacity, and adapts to the changing needs of the electronics sector.
• The Asia Pacific region is well-known for being a center for electronics production, with both multinational companies and local manufacturers establishing operations in countries like China, Japan, South Korea, and Taiwan. These nations have advanced infrastructure, a qualified workforce, and a conducive business climate that encourages investment in electronics production. A significant market for electronics adhesives in the region is guaranteed by the strong need for adhesives in assembly and production processes.
• The area is leading the way in technological progress within the electronics industry, emphasizing miniaturization, high performance, and reliability. Adhesives for electronics are crucial for addressing technological challenges through bonding, encapsulation, and thermal management solutions. The demand for high-performance adhesives that can function in challenging operating environments drives the expansion of the electronics adhesives industry in the Asia Pacific region.
• Asia Pacific's electronics sector is known for its ever-changing market, driven by fast shifts in consumer tastes and technology trends. Producers of electronics adhesives in the area need to adjust promptly to these changes, promoting creativity and the creation of new product compositions.
• The rise in consumer spending and demand for electronics in developing economies of Asia Pacific countries is a result of its economic growth. The increasing need for consumer electronics like smartphones, laptops, and wearable devices results in a greater demand for electronics adhesives to meet production requirements. Hence, in this way Asia Pacific is Expected to Dominate the Electronics Adhesives Market.

Electronics Adhesives Market Active Players

• 3M (USA)
• Henkel Ag & Co. Kgaa (Germany)
• Dow Corning Corporation (USA)
• B. Fuller Company (USA)
• Avery Dennison Corporation (USA)
• BASF SE (Germany)
• Sika Ag (Switzerland)
• Bostik Sa (France)
• Master Bond Inc. (USA)
• Arkema Group (France)
• Lord Corporation (USA)
• Dymax Corporation (USA)
• Permabond LLC (USA)
• Adhesives Research Inc. (USA)
• Delo Industrial Adhesives (Germany)
• Huntsman Corporation (USA)
• ITW Performance Polymers (USA)
• Cyberbond LLC (USA)
• Panacol-Elosol Gmbh (Germany)
• Threebond Holdings Co., Ltd. (Japan)
• Shanghai Kangda Chemical Co., Ltd. (China)
• Uniseal, Inc. (USA)
• Kgaa Hönle Ag (Germany)
• Parker Hannifin Corporation (USA)
• Ashland Global Holdings Inc. (USA), and Other Active Players

Key Industry Developments in the Electronics Adhesives Market:

• In May 2024, DELO developed a new, reliable sealant adhesive for CMOS image sensors, which are often used in driver monitoring systems. Glass filters can be bonded directly to the semiconductor chip using DELO DUALBOND EG6290. The new adhesive was specially designed for the glass-on-die assembly method. The glass filter is fixed directly onto the chip, as is typical with iBGA image sensor packaging.
• In May 2024, Permabond is delighted to announce the launch of another new product, our ultra-fast curing UV643 UV adhesive. This product has been designed to bond both rigid plastics and thermoplastics very well. Substrates that UV643 adheres well to include PC, PMMA, PETG, PET, ABS, and PVC. The adhesive also bonds dissimilar substrates, such as metal to plastic. UV643 cures incredibly quickly – glass-to-glass bonding takes a fraction of a second with a high-intensity UV lamp.

Frequently Asked Questions