Electronic Adhesives Market Size - By Resin Type, Application, End Use Industry Share, Growth Forecast, 2025-2034

Report ID: GMI7501
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Published Date: January 2025
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Report Format: PDF

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Electronic Adhesives Market Size

The global electronic adhesives market was valued at USD 5 billion in 2024 and is estimated to grow at a CAGR of over 6% from 2025 to 2034.
 

Electronic Adhesives Market

Electronic adhesives are critical bonding agents used in the assembly and manufacturing of electronic components, ensuring the secure attachment of elements such as semiconductors, printed circuit boards (PCBs), and other electronic devices. These adhesives are essential in maintaining the structural integrity and functionality of electronic assemblies, especially as devices become more compact and complex.
 

The market for electronic adhesives is driven by several key factors. The continuous miniaturization of electronic components has created a demand for adhesives that can provide reliable bonding in smaller and more intricate assemblies. Additionally, the growing adoption of flexible and wearable electronics has increased the need for conductive adhesives that can maintain performance under dynamic conditions. The rising complexity of electronic devices further necessitates adhesives with specialized properties, such as thermal conductivity, electrical insulation, and resistance to environmental factors like moisture and temperature fluctuations. Another significant driver is the shift towards environmentally friendly materials. Manufacturers are increasingly focusing on developing adhesives that comply with stringent environmental regulations and meet sustainability goals. Technological advancements in adhesive formulations have also enabled the development of high-performance products tailored to specific applications, enhancing their adoption across various industries.
 

Moreover, the expanding applications of electronic devices in industries such as automotive, medical, and aerospace are contributing to the growth of the electronic adhesives market. In the automotive sector, the rise of electric vehicles (EVs) and advanced driver-assistance systems (ADAS) has increased the demand for adhesives with superior thermal management and electrical properties. In the medical field, the growing use of electronic devices in diagnostics and wearable health monitoring systems has further fueled the need for reliable adhesive solutions. Similarly, the aerospace industry relies on electronic adhesives for critical applications where durability and performance are paramount. These factors collectively shape the dynamic and evolving landscape of the market, positioning it for sustained growth during the forecast period.
 

Electronic Adhesives Market Trends

The electronic adhesives industry is undergoing significant transformations, driven by several notable trends. One of the most prominent trends is the increasing demand for environmentally friendly and sustainable adhesives. This shift reflects the industry's growing commitment to reducing its environmental footprint and aligning with global sustainability goals. Manufacturers are focusing on developing adhesives with low volatile organic compound (VOC) emissions and recyclable or biodegradable properties to meet these demands. Another critical trend is the rise of miniaturization in electronic devices, which is reshaping adhesive requirements. As devices become smaller and more compact, the need for adhesives with superior bonding strength and reliability in confined spaces has grown substantially. These adhesives must also provide excellent thermal and electrical conductivity to support the performance of advanced electronic components. This trend is particularly evident in industries such as consumer electronics, automotive electronics, and medical devices, where compact designs and high functionality are paramount.
 

Electronic Adhesives Market Analysis

The demand for electronic adhesives is rising significantly, driven by the increasing adoption of flexible and wearable electronics. These adhesives play a critical role in ensuring the durability and functionality of such devices, which are becoming integral to consumer electronics. Furthermore, the market is witnessing a notable increase in research and development activities aimed at creating advanced adhesive formulations. These formulations are designed to meet specific performance requirements, such as enhanced thermal conductivity, improved electrical insulation, and resistance to extreme environmental conditions, including high temperatures and humidity. In addition to their growing use in consumer electronics, electronic adhesives are finding expanding applications across various industries.

 

The automotive sector, for instance, is leveraging these adhesives in advanced driver-assistance systems (ADAS), electric vehicle (EV) batteries, and infotainment systems. Similarly, the medical devices industry is utilizing electronic adhesives in wearable health monitors and diagnostic equipment, where reliability and precision are paramount. The aerospace sector also relies on these adhesives for critical applications, such as avionics and satellite systems, where performance under extreme conditions is essential. These diverse applications are significantly contributing to the evolving landscape of the electronic adhesives market, positioning it for robust growth in the coming years.

 

Electronic Adhesives Market Size, By Resin Type, 2021-2034 (USD Billion)

The epoxy segment was valued at USD 2 billion in 2024, and it is anticipated to expand 5.7% of CAGR during 2025-2034. Epoxy resin-based adhesives play a crucial role in encapsulation, potting, and conformal coatings, safeguarding electronic components from moisture, heat, and electrical stress. Growth is being propelled by trends such as the surging demand for miniaturized electronic devices, the growing adoption of electric vehicles, and innovations in high-performance adhesives tailored for 5G technology and IoT devices. Furthermore, there's a notable shift towards sustainable and eco-friendly epoxy formulations, resonating with global regulations aimed at minimizing environmental impact while enhancing performance in challenging conditions.
 

Electronic Adhesives Market Revenue Share, By Application, (2024)

The surface mounting segment held a dominant position in the electronic adhesives market with a share of 47.9% in 2024. The market is experiencing notable growth in its surface mounting application segment due to the increasing demand for compact, lightweight, and high-performance electronic devices. Surface-mount technology (SMT) adhesives are pivotal in securing components on printed circuit boards (PCBs), ensuring they remain reliable and durable even under thermal and mechanical stress. Noteworthy trends include a rising adoption of automation in SMT assembly lines, an escalating demand for advanced adhesives boasting enhanced conductivity and thermal management, and the seamless integration of 5G and IoT technologies. Furthermore, in response to stringent environmental regulations, manufacturers are prioritizing the development of eco-friendly, low-VOC adhesives.
 

The consumer electronics segment was valued at USD 2.2 billion in 2024. The consumer electronics segment is a major driver of growth in the electronic adhesives market, fueled by rising demand for smartphones, tablets, wearables, and smart home devices. Key trends include the miniaturization of electronic components, increased integration of advanced technologies like 5G, IoT, and AI, and the growing emphasis on flexible and foldable displays. Adhesives with superior thermal management, conductivity, and mechanical strength are in high demand to ensure device reliability and performance. Additionally, sustainability is becoming a focus, with manufacturers developing eco-friendly adhesives that meet environmental regulations while enhancing the durability and energy efficiency of consumer electronics.
 

U.S. Electronic Adhesives Market Size, 2021-2034 (USD Million)

The U.S. was valued at USD 883.2 million in 2024 and expected to grow at a 5.1% CAGR. Continuous innovation and development in the electronics industry, along with the rising demand for smart devices, are set to drive the need for high-performance electronic adhesives. Additionally, the automotive sector's growing reliance on electronic components for advanced features, combined with the expanding applications of electronic devices across diverse industries, underscores the market's robust growth trajectory. The U.S. market, with its agility in adapting to technological trends and a strong emphasis on research and development, is poised to uphold its leadership status in North America during the forecast period.
 

Electronic Adhesives Market Share

Electronic Adhesives Market Company Share, (2024)

3M Company and Henkel AG & Co. KGaA are recognized as leading players in the electronic adhesives sector, achieving their prominence through a combination of innovation, strategic initiatives, and market adaptability. Both companies have consistently prioritized the development of advanced electronic adhesive solutions, addressing the evolving demands of the electronics industry in the Asia-Pacific region, which remains a critical hub for electronic manufacturing. 3M and Henkel leverage state-of-the-art technologies and robust research and development (R&D) capabilities to design products that meet the specific requirements of diverse applications. Their focus on innovation enables them to stay ahead of market trends and deliver high-performance adhesives tailored to the needs of consumer electronics, automotive electronics, and industrial applications. This adaptability has allowed them to maintain a competitive edge in a rapidly evolving market.
 

In addition to their technological advancements, both companies have established strong strategic partnerships and extensive distribution networks across the Asia-Pacific region. These partnerships have facilitated seamless market penetration, ensuring their products are accessible to a wide range of customers. Furthermore, their ability to provide customized solutions for various end-user industries has enhanced their reputation as reliable and versatile suppliers. The Asia-Pacific region, being a global hub for electronic manufacturing, presents significant growth opportunities for the electronic adhesives industry. By aligning their strategies with the region's dynamic market conditions and leveraging their expertise, 3M and Henkel have solidified their positions as key players. Their commitment to innovation, customer-centric solutions, and strategic market engagement continues to drive their success in this competitive landscape.
 

Electronic Adhesives Market Companies

Major players operating in the electronic adhesives industry are:

  • 3M
  • Avery Dennison Corporation
  • Dow Chemical Company
  • Dymax Corporation
  • Evonik Industries
  • Ellsworth Adhesives
  • Henkel
  • H.B. Fuller Company
  • Hitachi Chemical
  • Indium Corporation
  • Kyocera Chemical Corporation
  • Mitsui Chemicals
  • Master Bond
  • Nagase Chemtex Corporation
  • Shin-Etsu Chemical
     

Electronic Adhesives Industry News

  • In November 2023, Henkel AG & Co. KGaA, a leading global supplier of adhesives and sealants, invested Euro 100 million to expand its manufacturing capacity for electronic adhesives in Mexico. The new facility, located in San Luis Potosí, will be the company's first dedicated electronic adhesives manufacturing plant in North America. It is expected to begin operations in 2025.
     
  • In October 2023, Dow Chemical Company launched a new electronic adhesive designed for 5G applications. The new adhesive, called DOWSIL EA-3500, is a high-performance, thermally conductive adhesive that is ideal for bonding and sealing components in 5G base stations and other high-power electronic devices.
     

This electronic adhesives market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

Market, Resin Type

  • Epoxy
  • Acrylics
  • Polyurethane
  • Silicone
  • Others

Market, By Application

  • Conformal coatings
  • Surface mounting
  • Encapsulation
  • Wire tacking
  • Others

Market, By End Use Industry

  • Consumer electronics
  • Automotive
  • Communications
  • Medical
  • Aerospace and defense
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico 
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
Who are the major players in the electronic adhesives industry?
Major players in the industry include 3M, Avery Dennison Corporation, Dow Chemical Company, Dymax Corporation, Evonik Industries, Ellsworth Adhesives, Henkel, H.B. Fuller Company, Hitachi Chemical, Indium Corporation, Kyocera Chemical Corporation, Mitsui Chemicals, Master Bond, Nagase Chemtex Corporation, and Shin-Etsu Chemical.
How big is the electronic adhesives market?
What is the market share of the surface mounting segment in the electronic adhesives industry?
How much is the U.S. electronic adhesives market worth?
Electronic Adhesives Market Scope
  • Electronic Adhesives Market Size
  • Electronic Adhesives Market Trends
  • Electronic Adhesives Market Analysis
  • Electronic Adhesives Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 165

    Countries covered: 18

    Pages: 235

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