The electronic adhesives market is expected to record a 9% CAGR over the forecast period (2021-2027).
COVID-19 has a positive impact on the electronic adhesives market. According to JEITA, the global electronics and IT industry’s output increased by 2% year over year to $2.9 trillion. The positive growth is due to the increased demand for electronic components and devices to enhance contactless interaction and use remote information technology. Electronic adhesives are very important components in electronic products because they are used in manufacturing and protecting high-performance electronic devices. This positive growth is expected to continue with increasing demand for electronics worldwide.
A full report of Electronic Adhesives Market available at https://www.orionmarketreports.com/electronic-adhesives-market/10485/
Some of the key players operating in the electronic adhesives market are BASF SE, The Dow Chemicals Company, Alent Plc, Henkel Ag & Co. KGaA, Alent Plc, KYOCERA Chemical Corporation, Hitachi Chemical Co., Ltd., H.B. Fuller, LG Chem Ltd., 3M Company, Indium Corporation, and Mitsui Chemicals, Inc.
Electronic Adhesives Market: Segmentation
By Form:
• Liquid
• Solid
• Paste
• By Resin Type:
• Epoxy
• Silicone
• Acrylic
• PU
• Others (MMA, rubber, cyanoacrylates, polyester, SMP, Parylene, polysulfide, urethane acrylate, and polyamide)
By Product Type:
• Electrically Conductive Adhesives
• Thermally Conductive Adhesives
• Others (optically clear adhesives, structural adhesives, under fills, and sealants)
By End-Use Industry:
• Computers & servers
• Communications
• Consumer Electronics
• Industrial
• Medical
• Automotive
• Commercial Aviation, Defense, Other Transportation
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)