Analysis on the Global Electronics Adhesives Market

Adhesives and sealants are widely used in the electronics industry. They are used in the manufacture of electronics, and to improve the longevity and quality of the products. According to the research conducted by Future Market Insights (FMI), the global electronics adhesives market will witness a CAGR of 12.1% through 2020 and reach a valuation of over US$ 6 Bn. The key drivers for the growth of the global electronics adhesives market include increased demand for electronic components and growth in the connected devices sector.

Key Product Types

The commonly used adhesives in the electronics industry include,

• Electrically conducive adhesives

• Thermally conducive adhesives

• Ultraviolet-curing adhesives

Electrically conducive adhesives: The manufacture of most electronics requires the use of adhesives that are good conductors of electricity. However, most of the adhesives - including both organic and inorganic - are not electrically conducive and need to be treated before they are used. Common electrically conducive adhesives include epoxies and sillicones.

Thermally conducive adhesives: Electronic circuitry has to be scaled down to ensure it can be used in ‘sleek’ and ‘compact’ electronic equipment. The scaling down can increase the risk of heat build-up, which in turn can cause breakdown of the system. Thermally conducive adhesives reduce the risk of a heat build-up.

Ultraviolet-curing adhesives: Ultraviolet-curing adhesives are widely used in the manufacture of electronics, as they meet the regulations of using environmentally-friendly adhesives. The simplicity of using ultraviolet-curing adhesives is one of the main factors for their widespread use in the sector.

Among these product types, electrically conducive adhesives account for the bulk of the market demand, and according to FMI’s research, this segment will witness a robust CAGR of 16.7% through 2020.

The State of the Global Electronics Adhesives Market

The global electronics adhesives market is segmented on the basis of region, applications, material, and product. Acrylics, polyurethanes, silicones, and epoxies are the some of the different types of electronics adhesives on the basis of material. Among these materials, the demand for acrylics electronics adhesives is the highest, and it is anticipated that this sub-segment will witness a CAGR of nearly 20% through 2020.

On the basis of end-use applications, the global electronics adhesives market is segmented into,

• Surface mounting

• Wire tracking

• Encapsulation

• Conformal coating

Among these, the conformal coating and surface mounting segments account for over 60% of the market share. The surface mounting electronics adhesives segment is anticipate to witness a CAGR of 14.4%, according to FMI’s analysis.

Unstable global oil prices and stringent regulations concerning the release of pollutants in the environment can be the inhibitors for the growth of the global electronics adhesives market. The manufacture and use of certain adhesives can cause environmental degradation, and considering the growing awareness about the need of environmental conservation, this can be restraining factor for the production of certain adhesives. Furthermore, fluctuation in the global oil prices can be another restraining factor, as some of the widely used adhesives are petroleum based.

As has been the trend in several other sectors, providing customised solutions has also become commonplace in the global electronics adhesives market. Key players, including 3M Company, Huntsman Corporation, Dow Corning Corporation, and H.B.Fuller Company, Dymax Corporation are also working on strengthening the supply chain of raw materials.

Browse full Report of Electronics Adhesives Market: http://www.futuremarketinsights.com/reports/details/electronics-adhesives-market