Asia-Pacific Electronics Adhesives Market – Share, Outlook, Trends, Size and Forecast (2024

Asia-Pacific Electronics Adhesives Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The main function of adhesives is to clinch things together, and they come in many forms, including glue, tape, and sealant, and are used in a variety of everyday applications. Additionally, natural substances can act as adhesives, such as soda and caramel. Molecular bonds mainly cause the stickiness of the adhesive, and its strength depends on how much stress is needed to pull those bonds apart. Manufacture and assembly of electronic circuits and products are the primary use of electronic adhesives. Bonding the wire tacking, surface-mount components, and encapsulating elements are the various applications of the adhesives. They help in the miniaturisation of electronics components, and they are the longstanding trend of reducing the size of electronics.

Asia-Pacific Electronics Adhesives Market Segments Size:

Asia-Pacific electronics adhesives market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024.

Asia-Pacific Electronics Adhesives Market Segments Growth:

Key parameters promoting the market growth include increased market penetration in developing countries, rising technological dominance, increasing demand from the automotive industry, growing demand for compact electronic and communication devices, rapid growth in application industries in emerging markets. However, the high cost of installation for laminating and packaging the machinery is thereby hampering the growth of the market. Various opportunities for electronics adhesives market include expansion and acquisitions of the local players, growing demand, and penetration of electric vehicles, increasing demand from the automotive industry.

Asia-Pacific Electronics Adhesives Market Segments Share:

By form, liquid form, paste form, and solid form are the sub-segments. Among them, liquid form segment is expected to hold the most significant share in the

Asia-Pacific Electronics Adhesives Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

market because of its strong adhesion strength. The electronics industry makes use of liquid adhesives for mounting the semiconductor dyes, as conformal coatings on printed circuits boards (PCBs) and potting. These adhesive forms are available in various compositions such as epoxies, silicones, and acrylics. Increasing demand for PCBs from telecommunication, consumer, and microelectronic assembly application industries has led to growing need for liquid form adhesives in the market.

By product type, electrically conductive adhesives, thermally conductive adhesives, UV curing adhesives, and others are the sub-segments. Electrically conductive adhesives segment is anticipated to account for the most significant organisations for the

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Asia-Pacific Electronics Adhesives Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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