Its growing middle-class population plays an important role in driving various industries, which has led to industrialization in the region.Ĥ.1 Attractive Opportunities for Players in Electronic Adhesives MarketĤ.2 Electronic Adhesives Market Growth, by Resin TypeĤ.3 Asia-Pacific: Electronic Adhesives Market, by End-use Industry and Country, 2021Ĥ.4 Electronic Adhesives Market: Developed vs.

The region's market is driven by high economic growth and heavy investments in the automotive, industrial, and medical industries. 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. Epoxy is used when extreme operating conditions require optimum protection.Īsia Pacific is forecasted to be the fastest-growing electronic adhesives market during the forecast period.Īsia Pacific is the largest market for electronic adhesives, and this dominance is expected to continue during the forecast period. 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. These adhesives can be used for bonding components, potting, and encapsulation, among others. Occasionally snap-cure epoxies, which cure at a lower temperature than regular single-part epoxies, are used. The most frequently used resin type for electronic applications is epoxy, either two-part or single-part heat cure products.

The use of electronic devices is increasing in developed as well as developing regions, such as North America and the Asia Pacific.Įpoxy is estimated to be the largest resin type segment of the electronic adhesives market.Įpoxy resin in electronic adhesives held the largest market share in 2021 in terms of value. The global electronic adhesives market is driven by the rising demand for advanced and sophisticated electronic devices. 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 20. 15, 2022 /PRNewswire/ - 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 's offering.

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