Acrylic adhesive is a resin-based adhesive that is comprised of acrylic or methylacrylic polymers. It is rather complicated to produce acrylic adhesives as they must be formed into a polymer, suspended in a catalyst, and cured. Acrylic adhesives are very strong and efficient at bonding multiple objects together.
Market Analysis and Insights: Global Acrylic Adhesives in Electronics Market
Due to the COVID-19 pandemic, the global Acrylic Adhesives in Electronics market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Electrically Conductive Adhesives accounting for % of the Acrylic Adhesives in Electronics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Surface Mounting segment is altered to an % CAGR throughout this forecast period.
The longstanding trend toward miniaturization of electronic components has resulted in more use of adhesives for fastening. Electrically conductive adhesives play an increasingly prominent role in the design and production of electronic packages and assemblies. Continuing improvements in adhesive technology have enabled adhesives to replace solder in some specialized electronic assembly applications. With the increasing regulations, the companies are shifting away rapidly from tin soldering to the usage of electrically conductive adhesives. Overall, with the growing consumption of consumer electronics the demand for electrically conductive adhesives is expected to rise, thereby increasing the consumption of acrylic adhesives for electronics during the forecast period.
Global Acrylic Adhesives in Electronics Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acrylic Adhesives in Electronics Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electrically Conductive Adhesives
Thermally Conductive Adhesives
UV-curing Adhesives
Others
Segment by Application
Surface Mounting
Conformal Coating
Wire Tacking
Potting
Encapsulation
Others
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina