According to a new market report published by
Lucintel, the future of the global electronics adhesive market looks good with opportunities
in the printed circuit board and semiconductor packaging. Adhesives in the
global electronics industry is expected to reach an estimated $3.8 billion by
2021. The global electronics adhesive
market is forecast to grow at a CAGR of 4% from 2016 to 2021. The major growth drivers
for this market are the growth in the production of printed circuit board,
semiconductors, and miniaturization of electronic devices.
In this market, epoxy, silicone, acrylic, and polyurethane
adhesives are the major polymer types of electronic adhesives. On the basis of
its comprehensive research, Lucintel forecasts that epoxy adhesives are expected
to show above-average growth during the forecast period.
Within the global electronics adhesive market,
the epoxy adhesive segment is expected to remain as the largest market. Increasing
production of printed circuit boards, semiconductors, and miniaturization of
electronic devices are expected to drive adhesive demand, which would spur
growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest
market due to an increase in the production of printed circuit board in China,
Taiwan, Japan, and South Korea and the use of electronics adhesives in the
assembly and packaging of electronic circuits.
Asia Pacific and Rest of the World are expected
to witness above-average growth over the forecast period due to new
technological developments and growing
demand for printed circuit board from telecommunication, computer/peripherals,
consumer, and microelectronic assembly applications.
For business expansion, the report suggests
innovation and new product development on fast cure and high temperature
resistant adhesives. The report further suggests the development of
partnerships with customers to create win-win situations and the development of
low-cost solutions for end users.
Emerging
trends, which have a direct impact on the dynamics of the market, includes
the new silicone-based electrically conductive adhesives in automotive sensor applications,
development of fast cure and high temperature resistant adhesives, and
replacement of lead solder with electrically conductive adhesives. Henkel AG
& Co KGaA, 3M Company, H.B Fuller, Kyocera Chemical Corporation, and Hitachi
Chemical are among the major suppliers of electronics adhesives. There are some
companies that are opting for merger & acquisition as strategic initiatives
for driving growth.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities for
adhesives in the global electronics industry by application type, polymer type,
product type, region, and product form and has come up with a comprehensive
research report, “Growth
Opportunities for Adhesives in the Global Electronics Industry 2016-2021:
Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring
board for growth strategy as it provides a comprehensive data and analysis on
trends, key drivers, and directions. The study includes a forecast for adhesives
in the global electronics industry by application type, polymer type, product
type, region, and product form as follows:
By application type [Volume (Million Pounds)
and $ Million shipment from 2010 to 2021]:
·
Printed Circuit Board
·
Semiconductor Packaging
By polymer type [Volume (Million Pounds) and $
Million shipment from 2010 to 2021]:
·
Epoxy based electronics adhesive
·
Silicone based electronics adhesive
·
Acrylic based electronics adhesive
·
Polyurethane based electronics adhesive
·
Others
By product type [Volume (Million Pounds) and $
Million shipment from 2010 to 2021]:
·
Thermally conductive adhesives
·
Electrically conductive adhesives
·
Others
By region [Volume (Million Pounds) and $ Million
shipment from 2010 to 2021]:
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
By product form [$ Million shipment for 2015]:
·
Paste
·
Liquid
·
Film
This 134-page research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports,
Chemical Industry Analysis Report, Capital Investment Analysis, Strategic Growth Consulting
and Due Diligence.
About Lucintel
Lucintel, the premier global management
consulting and market research firm, creates winning strategies for growth. It
offers market assessments, competitive analysis, opportunity analysis, growth
consulting, M&A, and due diligence services to executives and key
decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
This report answers following 10 key
questions:
Q. 1 What are some of the
most promising, high-growth opportunities for the electronics adhesives market by application
type, polymer type, product type, and product form?
Q. 2 Which product segments will grow at a
faster pace and why?
Q. 3 Which region will grow at a faster pace and
why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and competitive
threats in this market?
Q.6 What are emerging trends in this market and
reasons behind them?
Q.7 What are some changing demands of customers
in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products and
processes in this area and how big of a threat do they pose for loss of market
share via materials / product substitution?
Q.11
What M & A activity has transpired
in the last 5 years in this market and what is its impact on the industry?
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