Albany, NY -- (SBWIRE) -- 01/17/2019 -- A recent report by ResearchMoz.us, titled, "Electronic Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026," provides complete insight on this market. The information provided in the report is divided into different categorized to make it more comprehensible. The information provided is based on fact and figures derived through different sources including interviews, podcasts, and others. It also elucidates on prime companies and their strategies as to make a better understanding about the market competition. Segmentation and regional outlook are significantly illustrated in the report.
The demand for electronic adhesives is rising on the back of rising demand for lighter and more compact components from the electronic industry. Moreover, high adoption rate of connected devices have largely changed the way electronic appliances are built. This has given a significant growth opportunity for the players operating in this market. Changing trends towards miniaturizing of electronic devices has further augmented the demand for electronic adhesives.
Furthermore, increasing application of electronic adhesives in various are such as consumer electronics, automotive, medical devices, aircraft, and imaging devices boosted the demand for electronic adhesives. Some of the other factors are changing lifestyle of customers, rising disposable income, and increasing demand for automated appliances.
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On the other hand, strict regulatory policies against the emission of volatile organic compound from adhesive films especially in China might deter the growth in this market. Even though China is a leading producer of electronic adhesives, initiatives taken by Chinese government might hamper the growth of this market.
After discussing about the various pros and cons about the market, let us look at categorizes in which the market is divided. Key categories include resin, product, and application. based on resin, the electronic adhesives market is segmented into epoxy, silicone, acrylic, polyurethane, and others including polyol and polyester.
Asia Pacific is expected to offer lucrative growth opportunities for electronic adhesives during the forecast period. In countries like Japan, China, South Korea, India there is a high demand for electronic adhesives. Moreover, increasing developments in manufacturing industries, rapid economic growth in emerging economies, and availability of cheap labor has led the demand for electronic adhesives in Asia Pacific. North America is also expected to offer high demand for electronic adhesives in the coming years.
Vendors in the electronic adhesives market are focusing on different business development strategies such as innovation, partnerships, collaboration, mergers and acquisitions, and expansion. By using these strategies will help the players to strengthen their position in the regional and globe market. Vendors are also involved in product development by using advanced technology that will help them in getting competitive edge in over their competitors. The report gives brief description about the key market players and the major strategies used by them. Some of the key players operating in the global electronic adhesives market are SIKA Group, Henkel AG & Company KGaA, Bostik SA, 3M, and H.B. Fuller Company.
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