Report ID: SQMIG45K2057
Report ID:
SQMIG45K2057 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
Global Electronic Adhesives Market size was valued at USD 4.6 billion in 2022 and is poised to grow from USD 4.89 billion in 2023 to USD 7.97 billion by 2031, growing at a CAGR of 6.30% during the forecast period (2024-2031).
Global electronic adhesives market has witnessed significant growth in recent years, driven by the increasing demand for electronic devices and advancements in technology. The market for electronic adhesives is primarily driven by the growing consumption of electronic devices across various industries such as consumer electronics, automotive, aerospace, and healthcare. The proliferation of smartphones, tablets, wearable devices, and smart home appliances has created a surge in the demand for electronic adhesives. Additionally, the development of miniaturized electronic components and the trend towards flexible and wearable electronics have further propelled market growth. One of the key trends in the global market is the shift towards environmentally friendly and sustainable adhesive solutions. With increasing environmental regulations and consumer awareness, manufacturers are focusing on developing adhesives with lower volatile organic compounds (VOCs) and reduced environmental impact. This trend has led to the adoption of water-based and solvent-free adhesives, which offer improved safety and sustainability without compromising performance.
US Electronic Adhesives Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45K2057