The report “Electronic Adhesives Market by Form (Liquid, Paste and Solid), by Type (Electrically Conductive, Thermally Conductive, UV Curing and Others), by Application (Printed Circuit Boards and Semiconductor & IC), by Region - Global Trends and Forecasts to 2020”
The increasing number of patents filed for electronic adhesives products & applications by global players, growing manufacturing industries, and continuous expansion and merger & acquisition activities undertaken by companies are key factors for the growth of the global electronic adhesives market.
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Top Key Players over the globe- Alent Plc (U.K.), BASF SE (Germany), The DOW Chemical Co. (U.S.), H.B. Fuller (U.S.), and Henkel AG & Co., KgaA (Germany)
Liquid Form: The largest, by form market of electronic adhesives
Liquid form adhesives are the largest segment of the electronic adhesives market. Owing to its strong adhesion strength the liquid adhesives are used in applications where excessive adhesion flow is required and the surfaces to be bonded are large. The electronics industry uses liquid adhesives for mounting the semiconductor dyes, as conformal coatings on printed circuits boards (PCBs) and potting. These adhesive forms are available in various compositions such as epoxies, silicones, and acrylics. The growing demand for PCBs from telecommunication, consumer, and microelectronic assembly application industries has led to increase in the demand for liquid form adhesives in the global electronic adhesives market.
Electrically Conductive: The largest, by type market of electronic adhesives
Electrically Conductive Adhesives, also known as ECA, is the largest segment of the electronic adhesives type market. They are used as substitute for traditional tin-lead solders. Owing to their high electrical conductivity, and ability to allow the passage of current while initiating electrical connection between two bonded surfaces, electronic adhesives are widely used in microelectronic industry for packaging applications. The increasing technological advancement, increasing demand from the flip-flop applications, and emerging microelectronic packaging industries are few factors that drive the growth of the electrically conductive adhesives market in the global electronic adhesives market.
Printed Circuit Board (PCB): The largest application market for electronic adhesives
The PCB application is the largest application for electronic adhesives owing to the increasing demand from applications such as chip bonding, wire tacking adhesives, potting, and conformal coatings in Asia-Pacific and the Middle East & Africa regions. The ability to protect the electronic & circuit assembly components from corrosion, dust, shock & vibration, environmental and physical damage makes electronic adhesives the highly preferred adhesives in the PCB industry.
Asia-Pacific: The largest market for electronic adhesives
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.
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