Dublin, Sept. 09, 2022 (GLOBE NEWSWIRE) -- The "Global Electronic Adhesives Market by Form (Liquid, Paste, Solid), Resin (Epoxy, Silicone, Acrylic), End-Use Industry (Communications, Computers, Consumer Electronics, Industrial, Medical), Product Type and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The electronic adhesives market is projected to grow from USD 4.5 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 6.1% between 2022 and 2027.

The global electronic adhesives market is driven by the rising demand for advanced and sophisticated electronic devices. The use of electronic devices is increasing in developed as well as developing regions, such as North America and the Asia Pacific.

Epoxy is estimated to be the largest resin type segment of the electronic adhesives market.

Epoxy resin in electronic adhesives held the largest market share in 2021 in terms of value. The most frequently used resin type for electronic applications is epoxy, either two-part or single-part heat cure products. Occasionally snap-cure epoxies, which cure at a lower temperature than regular single-part epoxies, are used.

These adhesives can be used for bonding components, potting, and encapsulation, among others. Potting compounds are intended to provide a high level of the guard to PCBs and electronic devices by surrounding them in a thick, durable polymer. Epoxy is used when extreme operating conditions require optimum protection.

Asia Pacific is forecasted to be the fastest-growing electronic adhesives market during the forecast period.

Asia Pacific is the largest market for electronic adhesives, and this dominance is expected to continue during the forecast period. High economic growth rate, growing manufacturing industries, cheap labor, increasing electronic adhesives patents, and global shift of consumption and production capacity from the developed markets to the emerging markets in the region are the factors leading to the growth of the electronic adhesives market in Asia Pacific.

The region's market is driven by high economic growth and heavy investments in the automotive, industrial, and medical industries. Its growing middle-class population plays an important role in driving various industries, which has led to industrialization in the region.

4 Premium Insights 4.1 Attractive Opportunities for Players in Electronic Adhesives Market 4.2 Electronic Adhesives Market Growth, by Resin Type 4.3 Asia-Pacific: Electronic Adhesives Market, by End-use Industry and Country, 2021 4.4 Electronic Adhesives Market: Developed vs. Developing Countries 4.5 Electronic Adhesives Market: Major Countries

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Demand for Miniaturization/Automation of Electronic Devices 5.2.1.2 Growing Applications in Automotive Industry 5.2.1.3 Increased Demand for Waterproof Smartphones and Wearable Devices 5.2.1.4 Introduction of 5G Infrastructure 5.2.1.5 Growing Demand for Electronic Adhesives in Asia-Pacific 5.2.2 Restraints 5.2.2.1 Volatility in Raw Material Prices 5.2.2.2 Gradual Shift in Demand and Production Capacity to Developing Countries 5.2.3 Opportunities 5.2.3.1 Regulations on Usage of Lead Soldering Materials 5.2.3.2 Technological Advancements in the Electronic Assembly Industry of North America 5.2.4 Challenges 5.2.4.1 Stringent Environmental Regulations 5.2.4.2 Miniaturization of Devices Generating Demand for Higher-Performance Adhesives 5.3 Porter's Five Forces Analysis 5.4 Key Stakeholders & Buying Criteria 5.4.1 Key Stakeholders in Buying Process 5.4.2 Buying Criteria 5.5 Macroeconomic Overview and Key Trends 5.5.1 Introduction 5.5.2 Trends and Forecast of GDP 5.5.3 Trends in Automotive Industry 5.5.4 Trends in Global Electronics Industry 5.5.5 Leading Cellphone Importing and Exporting Countries 5.6 Value Chain Analysis 5.7 List of Major End-users 5.8 Average Pricing Analysis 5.9 Electronic Adhesives Ecosystem and Interconnected Market 5.10 Yc and Ycc Shift 5.11 Trade Analysis 5.12 Patent Analysis 5.13 Case Study Analysis 5.14 Technology Analysis 5.15 Key Conferences & Events in 2022-2024 5.16 Tariff and Regulatory Landscape 5.16.1 Regulatory Bodies, Government Agencies, and Other Organizations

6 Electronic Adhesives Market, by Form 6.1 Introduction 6.2 Liquid 6.2.1 Eco-Friendly Adhesives Suitable for Most Applications 6.3 Paste 6.3.1 Superior Insulation and High Reliability to Drive Market 6.4 Solid 6.4.1 Solid Form Electronic Adhesives to be Second-Largest Segment

7 Electronic Adhesives Market, by Resin Type 7.1 Introduction 7.2 Epoxy 7.2.1 Fastest-Growing Resin Type for Electronic Adhesives 7.3 Silicone 7.3.1 High Degree of Flexibility and Good Electrical Insulating Properties to Boost Demand 7.4 Polyurethane (Pu) 7.4.1 Offers Better Bond Strength and Chemical Resistance 7.5 Acrylic 7.5.1 Increasing Use of Light-Curing Adhesives in Electronic Applications to Fuel Market 7.6 Others

8 Electronic Adhesives Market, by Product Type 8.1 Introduction 8.2 Electrically Conductive Adhesives (Ecas) 8.2.1 Rapid Advancements in End-use Applications to Boost Demand 8.3 Thermally Conductive Adhesives 8.3.1 Excellent Heat-Conducting Properties to Drive Demand 8.4 Others

9 Electronic Adhesives Market, by End-use Industry 9.1 Introduction 9.2 Computers 9.2.1 Growing Internet Usage and Increasing Urbanization to Boost Demand 9.3 Communications 9.3.1 Increasing Demand for Mobile Electronics and Telecommunication Devices to Drive Market 9.4 Consumer Electronics 9.4.1 Southeast Asia to Contribute to Market Growth 9.5 Industrial 9.5.1 Epoxies are Largely Used for Thermal Stability and Moisture Resistance in Industrial Applications 9.6 Medical 9.6.1 High Cohesive Strength and Minimal Shrinkage of Electronic Adhesives to Propel Market 9.7 Transportation 9.7.1 Advanced Driver Assistance Systems (Adas) to Increase Demand 9.7.1.1 Adas Cameras 9.7.1.2 Adas Radars 9.7.1.3 Adas LiDAR Systems 9.7.1.4 Adas Ultrasonic Sensors 9.7.1.5 Adas Data Module 9.7.1.6 Adas V2X & Connectivity 9.7.1.7 Sensors 9.7.1.8 Cameras 9.7.1.9 Electric Motors 9.7.1.10 Batteries 9.8 Commercial Aviation and Defense 9.8.1 Constant Advancements in Aerospace and Defense Industry to Boost Demand

10 Electronic Adhesives Market, by Region

11 Competitive Landscape 11.1 Overview 11.2 Company Evaluation Quadrant Matrix: Definitions and Methodology, 2021 11.2.1 Stars 11.2.2 Emerging Leaders 11.2.3 Participants 11.2.4 Pervasive Players 11.3 Strength of Product Portfolio 11.4 SME Matrix, 2021 11.4.1 Responsive Companies 11.4.2 Progressive Companies 11.4.3 Starting Blocks 11.4.4 Dynamic Companies 11.5 Competitive Benchmarking 11.6 Market Share Analysis 11.7 Revenue Analysis 11.8 Competitive Situation and Trends

12 Company Profiles 12.1 Major Players 12.1.1 Henkel AG 12.1.2 H.B. Fuller Company 12.1.3 The 3M Company 12.1.4 Arkema SA 12.1.5 Parker Hannifin Corporation (Lord Corporation) 12.1.6 Panacol-Elosol GmbH 12.1.7 Meridian Adhesives Group 12.1.8 Xiamen Weldbond New Material Co. Ltd. 12.1.9 Threebond Co. Ltd. 12.1.10 Master Bond Inc. 12.2 Other Players 12.2.1 The Dow Chemical Company 12.2.2 Element Solutions Inc. 12.2.3 Sika AG 12.2.4 Huntsman International LLC 12.2.5 Scapa Group PLC 12.2.6 Permabond LLC 12.2.7 Dymax Corporation 12.2.8 Delo Industrie Klebstoffe GmbH & Co. KGaA 12.2.9 LG Chemical Limited 12.2.10 Panasonic Corporation 12.2.11 Altana AG (Elantas) 12.2.12 Atom Adhesives 12.2.13 Bondline Electronic Adhesives, Inc. 12.2.14 Boyd Corporation 12.2.15 Wacker Chemie 12.2.16 Momentive Performance Materials Inc. 12.2.17 Rogers Corporation 12.3 Other Companies

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