Global Electronic Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Form;
Liquid Form, Paste Form, and Solid Form.By Resin Type;
Epoxy, Silicone, Acrylics, Polyurethane, and Others.By Type;
Electrically Conductive, Thermally Conductive, UV Curing, and Others.By Application;
Conformal Coatings, Surface Mounting, Encapsulation, Wire Tacking, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Electronic Adhesives Market Overview
Electronic Adhesives Market (USD Million)
Electronic Adhesives Market was valued at USD 5,408.65 million in the year 2024. The size of this market is expected to increase to USD 8,973.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.
Global Electronic Adhesives Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 7.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 7.5 % |
Market Size (2024) | USD 5,408.65 Million |
Market Size (2031) | USD 8,973.22 Million |
Market Concentration | Medium |
Report Pages | 354 |
Major Players
- Henkel AG & Co. KGaA
- Dow Inc
- 3M Company
- H.B. Fuller Company
- Lord Corporation
- Master Bond Inc
- Dexerials Corporation
- Samsung Cheil Industries Inc
- Nordson Corporation
- Shin-Etsu Chemical Co., Ltd
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Electronic Adhesives Market
Fragmented - Highly competitive market without dominant players
The electronic adhesives market is witnessing steady growth, primarily due to the increasing production of miniaturized and lightweight electronics. As devices become more compact, the need for advanced bonding solutions has surged. Currently, about 55% of manufacturers incorporate these adhesives to ensure structural stability in portable electronics. Their ability to enhance thermal performance and device longevity has made them indispensable in today’s electronics design landscape.
Technological Advancements Fueling Innovation
Cutting-edge research is driving the creation of high-performance adhesive formulations designed to withstand extreme operational conditions. These include solutions with superior thermal conductivity and electrical insulation, suitable for high-frequency applications. Presently, 48% of adhesive development initiatives focus on such advanced capabilities. This innovation is expanding the product’s scope across a broader range of electronic applications.
Expanding Use in Automotive Electronics
The integration of electronic adhesives in automotive systems is becoming increasingly important, particularly in electric and hybrid vehicles. These adhesives are valued for their resilience to heat and mechanical stress. Around 35% of automotive manufacturers now depend on them for assembling electronic components. Their adoption supports the shift toward smarter, more electronically driven automotive architectures, including ADAS and ECU systems.
Focus on Sustainable and Eco-Conscious Solutions
Sustainability is playing a key role in shaping the future of this market. Manufacturers are prioritizing the development of eco-friendly, low-VOC, and bio-based adhesives to meet environmental standards. Nearly 42% of recent product innovations emphasize reduced environmental impact. This growing focus on green chemistry is not only regulatory compliant but also resonates strongly with eco-aware consumers and industry stakeholders.
Electronic Adhesives Market Recent Developments
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Henkel announced the opening of its state-of-the-art Application Center in Santa Clara, CA, in May 2022. This facility is designed to support high-tech product development for customers in Silicon Valley and aims to accelerate proof-of-concept initiatives for advancements in electronics.
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In January 2022, Parker Hannifin expanded its product portfolio for electric vehicle manufacturers by introducing new Thermally Conductive (TC) adhesives and one-component (1K) low-density gap fillers. These additions complement their existing range of thermal management encapsulants, adhesives, and gap fillers.
Electronic Adhesives Market Segment Analysis
In this report, the Electronic Adhesives Market has been segmented by Form, Resin Type, Type, Application and Geography.
Electronic Adhesives Market, Segmentation by Form
The Electronic Adhesives Market has been segmented by Form into Liquid Form, Paste Form and Solid Form.
Liquid Form
Liquid electronic adhesives are widely used for their versatility, ease of application, and compatibility with automated dispensing systems. They are commonly employed in underfill encapsulation, potting, and conformal coating applications. This form dominates the market with an estimated share of around 50%, driven by high demand in consumer electronics and automated assembly lines.
Paste Form
Paste form adhesives offer high bond strength and are ideal for surface mount technology (SMT), die attach applications, and thermal management solutions. These adhesives provide excellent electrical conductivity and are preferred in power devices and LED packaging. This segment holds about 35% of the market, supported by growing demand in semiconductors and advanced circuit assemblies.
Solid Form
Solid form electronic adhesives, including films and preforms, are used in applications requiring precision bonding and low mess processing. They offer consistent thickness and are ideal for multilayer assemblies and flexible electronics. Although less prevalent, this segment contributes around 15% of the market and is gaining traction in miniaturized electronic devices.
Electronic Adhesives Market, Segmentation by Resin Type
The Electronic Adhesives Market has been segmented by Resin Type into Epoxy, Silicone, Acrylics, Polyurethane, and Others.
Epoxy
Epoxy adhesives dominate the electronic adhesives market due to their superior thermal stability, mechanical strength, and electrical insulation. They are widely used in semiconductors, LEDs, and PCB assemblies. With strong adhesion to various substrates, epoxy-based adhesives account for approximately 45% of the market, favored for rigid bonding applications.
Silicone
Silicone adhesives are valued for their flexibility, moisture resistance, and excellent thermal conductivity, making them ideal for thermal interface materials and electronic encapsulation. They perform reliably across a wide temperature range. This segment holds around 25% of the market, particularly strong in automotive electronics and consumer devices.
Acrylics
Acrylic adhesives are known for their fast curing, UV resistance, and good electrical properties. They are commonly used in flexible circuit bonding and display components. This resin type contributes about 15% of the market and is growing in demand for low-to-medium strength bonding applications.
Polyurethane
Polyurethane adhesives offer excellent impact resistance and mechanical flexibility, making them suitable for wearable electronics and shock-sensitive components. They provide strong bonding on plastics and composites. This segment accounts for nearly 10% of the market and is expanding with the rise of flexible electronic applications.
Others
The Others category includes hybrid resins and custom formulations used in niche applications like bioelectronics, photovoltaic systems, and microelectromechanical systems (MEMS). Though smaller in share at about 5%, this segment is expected to grow with increased focus on specialized electronic adhesive solutions.
Electronic Adhesives Market, Segmentation by Type
The Electronic Adhesives Market has been segmented by Type into Electrically Conductive, Thermally Conductive, UV Curing, and Others.
Electrically Conductive
Electrically conductive adhesives are critical in applications where electrical continuity is required, such as in semiconductor packaging, LED assembly, and touch panels. These adhesives often contain silver or carbon fillers to enable conductivity. This type dominates the market with a share of approximately 40%, driven by demand in miniaturized electronic components and EMI shielding applications.
Thermally Conductive
Thermally conductive adhesives are widely used for heat dissipation in power devices, LEDs, and IC packaging. These adhesives ensure thermal interface efficiency while maintaining mechanical bonding. This segment holds about 30% of the market, supported by the growing need for thermal management in high-performance electronics.
UV Curing
UV curing adhesives offer fast curing times and are ideal for automated production lines in display manufacturing, smartphones, and optical bonding applications. They provide excellent clarity and adhesion to glass and plastics. This type accounts for approximately 20% of the market and is expanding with the demand for precision electronic assembly.
Others
The Others category includes pressure-sensitive adhesives, hot melt adhesives, and anisotropic conductive adhesives, used in specialized electronics like flexible circuits, MEMS, and wearable devices. This segment holds around 10% of the market and is expected to grow with next-gen electronic designs.
Electronic Adhesives Market, Segmentation by Application
The Electronic Adhesives Market has been segmented by Application into Conformal Coatings, Surface Mounting, Encapsulation, Wire Tacking, and Others.
Conformal Coatings
Conformal coatings are applied to protect electronic components from moisture, dust, chemicals, and temperature extremes. Electronic adhesives used in this application ensure uniform protective layers over printed circuit boards (PCBs). This segment leads the market with a share of approximately 35%, driven by its critical role in automotive electronics, consumer devices, and aerospace systems.
Surface Mounting
Surface mounting applications utilize adhesives to secure surface-mounted devices (SMDs) during reflow soldering. These adhesives provide precise placement stability and are widely used in high-speed automated assembly. This segment holds around 25% of the market, supported by the increasing production of compact and densely packed PCBs.
Encapsulation
Encapsulation adhesives are used to protect sensitive electronic components from mechanical stress, corrosion, and electrical interference. They are common in LEDs, ICs, and power modules. This segment accounts for approximately 20% of the market, favored for enhancing component durability and thermal management.
Wire Tacking
Wire tacking adhesives are applied to secure wiring and bonded components in place during manufacturing or repair. They provide vibration resistance and prevent mechanical damage in automotive and consumer electronics. This segment contributes about 10% of the market and is gaining attention in high-mobility applications.
Others
The Others category includes applications such as potting, thermal interface bonding, and display assembly. These adhesives serve in specialized use-cases like flexible electronics and wearables. This segment represents around 10% of the market and is expected to grow with innovations in smart device assembly.
Electronic Adhesives Market, Segmentation by Geography
In this report, the Electronic Adhesives Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Electronic Adhesives Market Share (%), by Geographical Region
North America
North America holds a significant share in the electronic adhesives market, driven by the presence of established electronics manufacturing, aerospace industries, and a robust automotive electronics sector. The U.S. leads the region with growing adoption of adhesives in semiconductor packaging and LED assembly. The region accounts for approximately 25% of the global market.
Europe
Europe is a key market supported by demand from automotive electronics, consumer devices, and industrial automation systems. Countries such as Germany, France, and the UK are major contributors, with a focus on environmentally compliant formulations and advanced assembly technologies. Europe holds about 22% of the global market share.
Asia Pacific
Asia Pacific dominates the electronic adhesives market, contributing the largest share of approximately 40%. The region benefits from high-volume electronics production in China, Japan, South Korea, and Taiwan, coupled with the strong presence of OEMs and contract manufacturers. Growth is further fueled by the expanding semiconductor and display panel industries.
Middle East and Africa
The Middle East and Africa region is an emerging market, with growing investments in telecommunications infrastructure, consumer electronics, and automotive systems. While still developing, this region accounts for approximately 6% of the market and is expected to grow with digital transformation initiatives across key economies.
Latin America
Latin America is gradually expanding its role in the electronic adhesives market, particularly in automotive electronics, LED lighting, and household appliances. Brazil and Mexico are the primary contributors, with ongoing investments in electronics assembly operations. The region holds about 7% of the global market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Electronic Adhesives Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Rising Electronics Demand
- Technological Advancements
- Increasing Smartphone Production
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Growth in Automotive Electronics: The Global Electronic Adhesives Market is experiencing significant growth, driven largely by advancements in automotive electronics. These adhesives, essential for assembling and securing various electronic components within vehicles, are becoming increasingly critical as the automotive industry evolves. The integration of electronic systems in modern vehicles, such as advanced driver-assistance systems (ADAS), infotainment systems, and electric powertrains, has amplified the demand for high-performance electronic adhesives that offer durability, reliability, and superior adhesion properties. This trend is further supported by the rise of electric and autonomous vehicles, which require advanced electronic components that rely on these adhesives for optimal performance and safety.
In addition to their fundamental role in securing electronic components, electronic adhesives also contribute to the thermal and electrical management within automotive systems. As automotive electronics become more sophisticated and compact, the need for adhesives that can withstand high temperatures, vibrations, and thermal cycling is paramount. This has led to the development of specialized adhesives that provide excellent thermal conductivity and resistance to harsh environmental conditions. These advanced adhesives are crucial in ensuring the longevity and functionality of electronic components, thereby enhancing overall vehicle performance and reliability.
The growth of the automotive sector is not the only factor driving the expansion of the electronic adhesives market. Innovations in adhesive formulations and applications are broadening their use in other electronics-intensive industries, such as consumer electronics, telecommunications, and industrial automation. As technology continues to advance, the demand for electronic adhesives that meet the evolving needs of these industries is expected to increase. This dynamic landscape presents significant opportunities for market players to innovate and expand their product offerings, catering to the diverse requirements of modern electronics applications.
Restraints
- High Manufacturing Costs
- Stringent Regulatory Requirements
- Volatile Raw Material Prices
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Limited Availability of Skilled Labor: The Global Electronic Adhesives Market is experiencing significant growth due to increasing demand for advanced electronic devices and the evolving landscape of technology. Electronic adhesives are crucial in various applications, including the assembly of electronic components, printed circuit boards (PCBs), and displays. These adhesives enhance the performance and longevity of electronic products by providing reliable bonding, thermal management, and insulation. With the rise of smart devices, wearables, and consumer electronics, the market for electronic adhesives is expected to expand further.
The market faces challenges related to the limited availability of skilled labor. The production and application of electronic adhesives require specialized knowledge and technical expertise. The complexity of modern electronic components and the need for precise application methods add to the demand for skilled workers. The shortage of qualified professionals in this field can hinder the growth of the market by affecting production efficiency, product quality, and innovation. Companies in the electronic adhesives industry must invest in training programs and seek to attract talent to address this issue.
To mitigate the impact of the skilled labor shortage, industry stakeholders are exploring various strategies. Automation and advanced manufacturing technologies are being integrated to reduce reliance on manual labor and improve consistency in adhesive applications. Additionally, collaborations with educational institutions and vocational training centers are being encouraged to build a pipeline of skilled workers. By adopting these measures, the electronic adhesives market aims to sustain its growth trajectory and meet the increasing demands of the technology sector.
Opportunities
- Expansion in Emerging Markets
- Innovations in Adhesive Technologies
- Growth in IoT Devices
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Development of Eco-friendly Solutions: The Global Electronic Adhesives Market is witnessing significant growth as the demand for high-performance, eco-friendly solutions becomes increasingly prominent. As electronics become more integrated into various aspects of daily life, the need for adhesives that not only perform well but also minimize environmental impact is critical. Eco-friendly electronic adhesives are designed to address concerns about sustainability and environmental responsibility, often incorporating biodegradable or recyclable materials and reducing the reliance on hazardous chemicals.
Manufacturers are focusing on developing adhesives with lower volatile organic compounds (VOCs) and improved recyclability. Innovations in this area include the use of natural resins and bio-based polymers, which offer comparable performance to traditional adhesives while reducing the environmental footprint. These advancements align with global regulations and industry standards that emphasize reducing environmental impact and enhancing the lifecycle sustainability of electronic products.
The development of eco-friendly electronic adhesives is driven by both regulatory pressures and consumer demand. Governments worldwide are implementing stricter regulations on chemical usage and waste management, pushing manufacturers towards more sustainable practices. Concurrently, consumers are increasingly aware of environmental issues and prefer products that reflect their values. As a result, the market for eco-friendly electronic adhesives is expanding, fostering a new era of environmentally conscious innovation in the electronics industry.
Competitive Landscape Analysis
Key players in Global Electronic Adhesives Market include:
- Henkel AG & Co. KGaA
- Dow Inc
- 3M Company
- H.B. Fuller Company
- Lord Corporation
- Master Bond Inc
- Dexerials Corporation
- Samsung Cheil Industries Inc
- Nordson Corporation
- Shin-Etsu Chemical Co., Ltd
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Form
- Market Snapshot, By Resin Type
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Electronic Adhesives Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Electronics Demand
- Technological Advancements
- Increasing Smartphone Production
- Growth in Automotive Electronics
- Restraints
- High Manufacturing Costs
- Stringent Regulatory Requirements
- Volatile Raw Material Prices
- Limited Availability of Skilled Labor
- Opportunities
- Expansion in Emerging Markets
- Innovations in Adhesive Technologies
- Growth in IoT Devices
- Development of Eco-friendly Solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Electronic Adhesives Market, By Form, 2021 - 2031 (USD Million)
- Liquid Form
- Paste Form
- Solid Form
- Electronic Adhesives Market, By Resin Type, 2021 - 2031 (USD Million)
- Epoxy
- Silicone
- Acrylics
- Polyurethane
- Others
- Electronic Adhesives Market, By Type, 2021 - 2031 (USD Million)
- Electrically Conductive
- Thermally Conductive
- UV Curing
- Others
- Electronic Adhesives Market, By Application, 2021 - 2031 (USD Million)
- Conformal Coatings
- Surface Mounting
- Encapsulation
- Wire Tacking
- Others
- Electronic Adhesives Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Electronic Adhesives Market, By Form, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Henkel AG & Co. KGaA
- Dow Inc
- 3M Company
- H.B. Fuller Company
- Lord Corporation
- Master Bond Inc
- Dexerials Corporation
- Samsung Cheil Industries Inc
- Nordson Corporation
- Shin-Etsu Chemical Co., Ltd
- Company Profiles
- Analyst Views
- Future Outlook of the Market