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The Asia-Pacific region is estimated to be the largest market for electronic adhesives globally. This is mainly attributed to the high economic growth rate, growing manufacturing industries, cheap labor, and increasing electronic adhesives-based application patents. Also, involvement of government organizations for the commercialization and enhancement of electronic adhesives are few factors leading to the growth of electronic adhesives in this region. China is the largest market for electronic adhesives in the Asia-Pacific region. The dominance of China in the market for electronic adhesives is owed to rise in connectivity, growing levels of urbanization, increasing expansion, and advanced technology. The rapid shift of electronic adhesives manufacturing facilities from the developed countries to the Asia-Pacific countries such as India, South Korea, and Taiwan is also a major contributor toward the growth of electronic adhesives market in the region.
The global electronic adhesives market is a fragmented one owing to the large number of buyers and limited availability of suppliers across the globe. Also, the increasing rivalry among the players to obtain majority of the patents for electronic adhesives based applications such as circuit assembly, display, and mobile electronics has played a major role in intensifying the level of competition. Major players such as H.B. Fuller (U.S.), Henkel AG & Co., KgaA (Germany), few start-ups such as Alent Plc (U.K.) have adopted various organic and inorganic developmental strategies. These strategies majorly include expansion, merger & acquisition, partnerships, and new product launch & product development to achieve growth in the electronic adhesives market. They mainly focus on providing high-quality and low-cost electronic adhesives-based materials for various applications such as semiconductors and PCB.
This report covers the market by value and volume for electronic adhesives and forecasts the market size till 2020. The report includes the market segmentation by form, by type, by application, and by region. It also provides company profiles and competitive strategies adopted by the major market players in the global electronic adhesives market.
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