The market for electronic adhesives is the focus of a latest study which has been added to the wide repository of Market Research Hub (MRH). The study is titled as “Electronics Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2020”, which provides a comprehensive analysis of the current as well as future growth projections for the market. In order to explain the intensity of competition in the market, the report has been segmented geographically into major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Adhesives play a significant role in the manufacturing and production of a wide array of electronic products. According to the analyst’s estimation, the demand in the global electronics adhesives market will inflate at an impressive 12.03% CAGR from 2017 to 2020, with the overall valuation projected to reach US$6,397.7 Mn by 2020.
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Key Insights
The above findings has been deeply explained in this study in its market overview section. The report is designed to offer clients valuable and actionable insights on the global electronics adhesives market. To give the crystal clear picture of the market to the clients, analysts went extra miles to give detail information about market size, forecast, drivers, restraints, trends and opportunities of all regions that have been covered in this report. Apart from regional insights, experts have also given comprehensive information on various segments and its sub-segments.
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In the present time, the rising demand for electronics devices across the globe has resulted in the increasing demand for adhesives with specific properties and features suitable to the intended application. Electronics adhesives find application is wire tracking, encapsulation, conformal coating, and surface mounting. The report has segmented the global electronics adhesives market on the basis of product type, end use, material type, and geography. Based on type of material, the report has been segmented into epoxy, polyurethane, silicone, acrylic, and others. By product type, the electronics adhesives market includes UV cured, thermally conductive, electrically conductive, and others. Based on the market segmentation, the study finds following-
- By geography, Asia Pacific is the most encouraging market for electronics adhesives and this region is poised to expand at a 10% CAGR through 2020. Growing presence of leading players in the emerging economies of Asia Pacific is a prime aspect of this market.
- Surface mounting adhesives form the largest application segment and are likely to continue their dominance in the coming years.
- By material type, Acrylic is the most widely used material for electronics adhesives, gaining prominence in the market.
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