Global Acrylic Adhesives in Electronics Market Sector: Types, Applications, Market Player Strategies, Regional Growth Insights, and Future Projections (2024 - 2031)
The "Acrylic Adhesives in Electronics Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Acrylic Adhesives in Electronics market is expected to grow annually by 13.5% (CAGR 2024 - 2031).
This entire report is of 117 pages.
Acrylic Adhesives in Electronics Introduction and its Market Analysis
The global market for Acrylic Adhesives in Electronics is experiencing significant growth due to the increasing demand for durable and reliable adhesive solutions in the electronics industry. Major factors driving revenue growth include the rising adoption of electronic devices, growing trend of miniaturization, and advancements in technology. Companies such as 3M, BASF, Dow, Arkema, Evonik Industries, . Fuller, Henkel, Sika, Huntsman, Mitsui Chemicals, Adhesives Research, Hitachi Chemical, Dymax, Jowat SE, Avery Dennison, Hernon Manufacturing, and Delo Industrie are actively operating in the market. The report's main findings indicate a strong market potential and recommend strategic investments in research and development to capitalize on emerging opportunities.
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Acrylic adhesives are increasingly gaining popularity in the electronics market due to their versatility and effectiveness in various applications. The market is segmented into electrically conductive adhesives, thermally conductive adhesives, UV-curing adhesives, and others, with applications including surface mounting, wire tacking, potting, and more.
Regulatory factors play a crucial role in the acrylic adhesives market, with strict guidelines governing the use of certain chemicals and substances. Legal factors such as compliance with industry standards and intellectual property rights also influence market conditions. It is important for manufacturers and suppliers to stay up-to-date with these regulations to ensure the safety and quality of their products.
Overall, the acrylic adhesives market in electronics continues to grow as technology advances and the demand for reliable and efficient adhesives increases. With a range of specialized products and applications, acrylic adhesives offer a cost-effective solution for various electronic components and devices. Stay tuned for more developments in this innovative market.
Top Featured Companies Dominating the Global Acrylic Adhesives in Electronics Market
Acrylic adhesives are widely used in the electronics market due to their strong bonding properties, high temperature resistance, and compatibility with various substrates. The global acrylic adhesives in electronics market is highly competitive and is dominated by key players such as 3M, BASF, Dow, Arkema, Evonik Industries, . Fuller, Henkel, Sika, Huntsman, Mitsui Chemicals, Adhesives Research, Hitachi Chemical, Dymax, Jowat SE, Avery Dennison, Hernon Manufacturing, and Delo Industrie.
These companies offer a wide range of acrylic adhesives tailored to meet the specific needs of the electronics industry, including applications like PCB assembly, encapsulation, bonding of components, display assembly, and more. They provide technical expertise, customer support, and innovative adhesive solutions to help manufacturers improve production processes, enhance product performance, and reduce overall costs.
3M, for example, offers a variety of acrylic adhesives designed for electronics applications, including their Scotch-Weld line of products. BASF provides acrylic adhesives under brands like Master Bond and Locite, while Henkel offers a range of acrylic adhesives under the Loctite brand.
These companies actively contribute to the growth of the acrylic adhesives in electronics market by investing in research and development, expanding their product portfolios, and forming strategic partnerships with key industry players. The sales revenue of some of these companies exceeds billions of dollars annually, with Henkel, for instance, reporting sales of over 20 billion euros in 2020.
Overall, these leading companies play a crucial role in driving innovation, supporting market growth, and meeting the evolving demands of the electronics industry for high-performance adhesive solutions.
- 3M
- BASF
- Dow
- Arkema
- Evonik Industries
- H.B.Fuller
- Henkel
- Sika
- Huntsman
- Mitsui Chemicals
- Adhesives Research
- Hitachi Chemical
- Dymax
- Jowat SE
- Avery Dennison
- Hernon Manufacturing
- Delo Industrie
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Acrylic Adhesives in Electronics Market Analysis, by Type:
- Electrically Conductive Adhesives
- Thermally Conductive Adhesives
- UV-curing Adhesives
- Others
Acrylic adhesives in electronics come in various types, including electrically conductive adhesives, thermally conductive adhesives, UV-curing adhesives, and others. Electrically conductive adhesives provide a reliable bond while allowing for the flow of electricity. Thermally conductive adhesives help with heat dissipation in electronic components. UV-curing adhesives offer fast curing times and high bond strength. These different types of acrylic adhesives cater to specific requirements in the electronics industry, leading to increased demand for such products. The versatility and performance of acrylic adhesives in electronics applications contribute to their growing popularity in the market.
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Acrylic Adhesives in Electronics Market Analysis, by Application:
- Surface Mounting
- Conformal Coating
- Wire Tacking
- Potting
- Encapsulation
- Others
Acrylic adhesives are widely used in electronics for various applications such as surface mounting, conformal coating, wire tacking, potting, encapsulation, and others. These adhesives provide strong bonds, excellent temperature resistance, and chemical resistance, making them ideal for electronic components. Acrylic adhesives are used for surface mounting by attaching components to circuit boards, conformal coating to protect against moisture and contaminants, wire tacking to secure wires in place, potting for sealing and protecting sensitive components, encapsulation for added protection, and other applications. The fastest growing application segment in terms of revenue is expected to be conformal coating, driven by the increasing demand for protection against harsh environments in electronic devices.
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Acrylic Adhesives in Electronics Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The acrylic adhesives in electronics market is expected to witness significant growth in the regions of North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). North America and Asia-Pacific are expected to dominate the market with a market share percent valuation of 30% and 25% respectively. Europe is projected to have a market share of 20%, while Latin America and Middle East & Africa are expected to have a combined market share of 15%.
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