The Latest Electronic Adhesive Industry Statistics Explained
The electronic adhesive market size was estimated at USD 3.23 billion in 2016.
This statistic indicates that the market size for electronic adhesives in 2016 was estimated to be USD 3.23 billion. This figure represents the total value of electronic adhesives sold during that year across various industries and applications. The market size provides insights into the scale and significance of the electronic adhesive industry, reflecting the demand for these products within the market. Analyzing market size data can help businesses and investors make informed decisions about potential opportunities and competition in the electronic adhesive sector, as well as forecast future trends and growth prospects.
The global electronic adhesive market size is expected to reach USD 7.91 billion by 2025.
This statistic indicates the projected growth in the global electronic adhesive market, forecasting that the market size will increase to USD 7.91 billion by the year 2025. This estimate suggests a rising demand for electronic adhesives, which are essential for various electronic applications such as consumer electronics, automotive electronics, and industrial electronics. Factors driving this growth may include advancements in electronic technologies, increasing production of electronic devices, and the expansion of electronic manufacturing industries worldwide. The expected growth in the electronic adhesive market highlights opportunities for adhesive manufacturers and indicates a positive outlook for the electronics industry in the coming years.
Electrically conductive adhesives are projected to witness a CAGR of 13.9% during the forecast period (2020 – 2025).
This statistic indicates that the market for electrically conductive adhesives is expected to experience a Compound Annual Growth Rate (CAGR) of 13.9% from 2020 to 2025. A CAGR of 13.9% implies that the market size for electrically conductive adhesives is projected to increase at a steady annual rate of 13.9% over the forecast period. This growth rate suggests a positive trajectory for the market and signals strong demand for these products in various industries such as electronics, automotive, and healthcare. The forecasted CAGR of 13.9% implies significant growth opportunities and potential profitability for businesses operating in the electrically conductive adhesives sector.
The Asia Pacific region dominated the electronic adhesives market with a share of more than 60% in 2018.
The statistic indicates that the Asia Pacific region held a significant market share of over 60% in the electronic adhesives sector in 2018, reflecting its strong presence and influence in the industry during that year. This dominance suggests that a large portion of electronic adhesive products were consumed or produced in the Asia Pacific region compared to other regions globally. Factors such as robust manufacturing capabilities, technological innovation, and increasing demand for electronic devices in countries like China, Japan, South Korea, and Taiwan likely contributed to the region’s leading position in the market. The statistic highlights the region’s importance in the electronic adhesives industry and its role in driving market dynamics and trends.
The industry in Asia Pacific is expected to grow at a CAGR of 14.2% in terms of revenue over the forecast period (from 2019 to 2025).
This statistic indicates the Compound Annual Growth Rate (CAGR) projection for the industry in Asia Pacific region over the specified forecast period from 2019 to 2025. A CAGR of 14.2% suggests that the industry revenue is expected to grow at a consistent annual rate of 14.2% during this period. This growth rate reflects the anticipated expansion and increasing economic potential of the industry in the Asia Pacific region, which could be driven by factors such as emerging markets, technological advancements, changing consumer preferences, or other industry-specific developments. It signals a positive trend in terms of revenue growth for the industry across the Asia Pacific region in the foreseeable future.
Electrically conductive adhesives market in North America is projected to grow with a CAGR of 13.2% during the forecast period (2020 – 2025).
The statistic indicates that the market for electrically conductive adhesives in North America is expected to experience significant growth, with a Compound Annual Growth Rate (CAGR) of 13.2% over the forecast period from 2020 to 2025. This means that the market size for electrically conductive adhesives in the region is projected to increase at an average annual rate of 13.2% during this time frame. The projected growth suggests a strong demand for these products, likely driven by factors such as increasing adoption of electronic devices, advancements in technology, and growing applications in various industries such as electronics, automotive, and aerospace. Companies operating in or entering this market may find opportunities for expansion and investment in the coming years.
The silicon-based electronic adhesives segment accounted for the largest share of the Asia Pacific electronic adhesives market in 2018.
This statistic indicates that in 2018, the segment of silicon-based electronic adhesives held the highest market share within the Asia Pacific electronic adhesives market. This suggests that silicon-based adhesives were the most commonly used or preferred type of adhesive for electronic applications in the region during that year. This information can be valuable for industry players, as it highlights the dominance of silicon-based electronic adhesives and may guide decision-making regarding product development, marketing strategies, and investment in research and development efforts within the electronic adhesives market in the Asia Pacific region.
Surface-mount devices segment accounted for the largest share of the global electronic adhesives market in 2020.
The statistic indicates that in 2020, the surface-mount devices segment held the largest portion of the global electronic adhesives market compared to other segments. This suggests that electronic adhesives were predominantly used in the assembly and bonding of surface-mount devices during that year. The prominence of this segment can be attributed to factors such as the increasing demand for smaller and more compact electronic devices, which often utilize surface-mount technology in their manufacturing processes. Additionally, advancements in surface-mount technology may have driven the growth of this segment, leading to its dominant market share in the electronic adhesives industry for 2020.
The global electronic adhesives market is highly concentrated, with the top four players accounting for about 45% of the total market share in 2020.
This statistic indicates that the global electronic adhesives market is dominated by a small number of key players, as the top four companies collectively hold a significant portion of the market share, specifically accounting for 45% in 2020. This high level of concentration suggests a competitive landscape where these leading companies have established strong positions and significant influence over market dynamics, such as pricing and innovation. As a result, smaller players in the industry may face challenges in gaining market traction and competing with the established leaders. Additionally, the concentration of market share among a few companies could potentially lead to increased barriers to entry for new competitors, further solidifying the position of the top players in the global electronic adhesives market.
The global electronic adhesives market is dominated by major players like Henkel AG & Co. KGaA, 3M Company, Parker Hannifin Corp, and DOW Corning.
The statistic suggests that the global electronic adhesives market is highly concentrated, with a few key players holding significant market share. Companies such as Henkel AG & Co. KGaA, 3M Company, Parker Hannifin Corp, and DOW Corning are identified as major players in this industry, indicating their strong presence and influence in the electronic adhesives market. These companies likely have a competitive advantage in terms of their product offerings, brand recognition, distribution network, and technological capabilities, allowing them to dominate the market and potentially shape industry trends and dynamics.
The UV curing technology segment is expected to be the most attractive segment in terms of growth rate in the electronic adhesives market during the forecast period (2019-2025).
The statement indicates that the UV curing technology segment within the electronic adhesives market is projected to experience the highest growth rate compared to other segments during the forecast period from 2019 to 2025. This suggests that the demand for electronic adhesives using UV curing technology is expected to outpace the growth of other types of adhesives used in electronic applications. Factors driving this growth could include the increasing adoption of UV curing technology due to its advantages such as faster curing times, lower energy consumption, and environmentally friendly characteristics. Therefore, businesses operating in the electronic adhesives market may find opportunities for expansion and profitability by focusing on products and solutions that leverage UV curing technology.
Epoxies segment accounted for approximately 35% of global electronic adhesives market share in 2016.
The statistic indicates that in 2016, the epoxies segment held a market share of around 35% within the global electronic adhesives market. This suggests that epoxies, a type of electronic adhesive, were a significant player in the industry during that year, with a sizable portion of the market being dominated by this particular segment. This information is important for industry stakeholders, businesses, and investors as it gives insight into the competitive landscape and market dynamics within the electronic adhesives sector, highlighting the popularity and demand for epoxies among consumers and manufacturers in 2016.
North America accounted for over 25% of the overall electronic adhesives market revenue in 2016.
The statistic indicates that North America contributed significantly to the total revenue generated in the electronic adhesives market in 2016, accounting for more than a quarter (25%) of the overall market revenue. This suggests that North America held a substantial share in the electronic adhesives market during that year, highlighting the region’s importance and strong presence in the industry. This information is valuable for businesses operating within the electronic adhesives sector, as it indicates the market significance of North America and the potential opportunities for growth and investment in this region.
China is the largest electronics adhesives consumer in the Asia Pacific, accounting for over 60% of the regional industry share.
This statistic indicates that China holds a dominant position in the consumption of electronics adhesives within the Asia Pacific region, with a market share exceeding 60%. As the largest consumer, China drives a significant portion of the demand for electronics adhesives in the region, emphasizing its importance in the industry. This high level of consumption may be attributed to the country’s robust electronics manufacturing sector, strong consumer demand for electronic products, and the presence of a large number of electronics assembly facilities. The statistic underscores China’s pivotal role in the electronics adhesives market within the Asia Pacific region, highlighting its influence and significance in the industry landscape.
Silicon-based electronic adhesives are projected to achieve a CAGR of 12.6% by 2025.
This statistic implies that the market for silicon-based electronic adhesives is expected to grow at an annual rate of 12.6% through the year 2025. The Compound Annual Growth Rate (CAGR) serves as a measure of the rate at which the market for these adhesives is anticipated to expand over the specified time period. This projection suggests a robust growth trajectory for silicon-based electronic adhesives, reflecting increasing demand likely driven by factors such as technological advancements, expanding applications in various industries, and the unique properties that silicon-based adhesives offer for electronic components. This statistic can guide industry participants in strategic decision-making, market analysis, and investment planning within the electronic adhesive sector.
Market for electrically conductive adhesives is expected to register a substantial growth in the future due to the increasing demand from the electronics industry.
The statistic regarding the market for electrically conductive adhesives predicts a significant growth trajectory in the foreseeable future, primarily driven by the escalating demand emanating from the electronics industry. This projection suggests that the adoption of electrically conductive adhesives is on an upward trend due to their vital role in bonding components in electronic devices. As the electronics industry continues to evolve with advancements such as miniaturization, flexible electronics, and wearable technology, the need for reliable and efficient electrically conductive adhesives is expected to rise substantially. This growth indicates a promising market outlook for suppliers and manufacturers of electrically conductive adhesives who can cater to the increasing demands of the electronics sector.
Thermal conductive adhesives segment was valued at USD 551 million in 2018.
The statistic indicates that the market size for thermal conductive adhesives in 2018 was valued at USD 551 million. This figure represents the total value of products sold within the thermal conductive adhesives segment during that year. Market value is an important metric used to assess the growth, performance, and attractiveness of a particular market segment. In this case, the value of USD 551 million suggests that the thermal conductive adhesives segment was a significant and lucrative market in 2018, likely driven by factors such as demand for electronic components and increasing applications in industries such as automotive, aerospace, and consumer electronics.
Acrylics led the electronic adhesives market and accounted for a revenue share of 55.1% in 2020.
This statistic indicates that acrylics dominated the electronic adhesives market in 2020, capturing a significant share of the revenue at 55.1%. Acrylic-based adhesives were the most widely used type of adhesive in the electronics industry during that period, likely due to their strong bonding properties, versatility, and compatibility with various electronic components and materials. This data suggests that acrylics were the preferred choice for adhering electronic components together, highlighting their importance and popularity within the market.
The increasing use of electronic adhesives in printed circuit boards is expected to drive the industry growth over the projected period.
This statistic implies that the growing utilization of electronic adhesives in printed circuit boards is anticipated to significantly contribute to the expansion of the industry within the upcoming period. The use of electronic adhesives in printed circuit boards is crucial for ensuring the proper functioning and reliability of electronic components, thereby driving the need for such materials in the market. This indicates a positive trend in the industry as it suggests an increasing demand for electronic adhesives, which in turn is likely to stimulate the growth and development of the sector as a whole. Overall, the forecasted rise in the use of electronic adhesives in printed circuit boards is expected to be a key factor driving the industry’s growth trajectory in the foreseeable future.
In terms of technology, encapsulation led the electronic adhesives market and accounted for a revenue share of 36.5% in 2020.
The statistic indicates that encapsulation was the leading technology within the electronic adhesives market in 2020, accounting for a significant revenue share of 36.5%. Encapsulation refers to the process of protecting electronic components by surrounding them with a material that acts as a barrier against external factors such as moisture, dust, and mechanical stress. The popularity of encapsulation technology in electronic adhesives highlights its effectiveness in ensuring the durability and reliability of electronic devices by providing a protective layer. This statistic suggests that manufacturers and consumers in the electronics industry have a strong preference for encapsulation technology due to its ability to enhance the performance and longevity of electronic products.
References
0. – https://www.www.mordorintelligence.com
1. – https://www.www.grandviewresearch.com
2. – https://www.www.prnewswire.com
3. – https://www.www.marketsandmarkets.com
4. – https://www.www.gminsights.com
