Global Electronics Adhesives Market to Grow at CAGR of 12.1% from 2015 to 2020

According to the research report, the global electronics adhesives market is expected to reach US$6,297.7 million by 2020, growing at a sturdy CAGR of 12.1% in the forecast period from 2015 to 2020.


Albany, NY -- (SBWIRE) -- 10/12/2015 -- Market Research Reports Search Engine (MRRSE) has added a new report to its repository, titled " Electronics Adhesives Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020". The report creates a platform for discussion about the several market trends that are set to decide the future of the global electronics adhesives market in the assessment period.

Electronics adhesives play an important role in the production of a range of electronic products. The global electronics adhesives market includes various kinds of adhesives for the varying nature of demand from the electronics industry. The global electronic adhesives market is segmented on the basis of types of products, types of materials, applications, and regions. The types of products in the global electronics adhesives market are electrically conductive, ultraviolet curable, and thermally conductive. On the other hand, the types of materials in this market are epoxies, silicones, acrylics, and polyurethanes. The applications of electronics adhesives are seen in surface mounting, encapsulation, wire tracking, and conformal coating. Regionally, the global electronics adhesives market is segmented into the Middle East and Africa, Latin America, Europe, and North America.

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Amongst the types of electronics adhesives, the electrically conductive and UV curable segments will hold a mammoth share of the market at 40% of the market value in the coming five years. Meanwhile, the thermally conductive adhesives segment will grow at a significant CAGR in the same period. An overview of the applications of electronics adhesives shows that the conformal coating and surface mounting segments will remain the dominant segments, with the latter one growing at a CAGR of 14.3% by 2020. Out of all the materials used in the electronics adhesives market, the valuation of acrylics are expected to reach US$1,983 million by 2020. Additionally, the polyurethanes and epoxies segments are also likely to experience considerable growth.

Regionally, Asia Pacific held about 60% of the total electronics adhesives market. In the next five years, the region is expected to strengthen its foothold further. This regional market will be followed by regions such as North America and Europe in the coming few years.

The report on the global electronics adhesives market also offers an insight into the competitive landscape of the market. For an absolute clarity on the upcoming leaders in this market, the report profiles a few companies such as 3M Company, Henkel AG & Co KGaA, H.B. Fuller Company, Evonik Industries AG, Dymax Corporation, and Dow Corning. The report gives a detailed explanation of their financial outlooks, marketing strategies, and research and development activities in the coming few years.

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