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Asia-Pacific Electronics Adhesives Market - Segmented by Resin Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)

Asia-Pacific Electronics Adhesives Market - Segmented by Resin Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)

The Asia-Pacific electronics adhesives market is estimated to grow at a significantly high CAGR during the forecast period (2018 - 2023). China is expected to hold the largest share of the market, owing to the healthy growth of the automotive and electronics-based industries in the region.

Increasing Demand from Automotive Industries to Propel Market Growth

The electronics applications in the automotive industry includes airbags, anti-lock braking system, black box, adaptive cruise control, drive by wire, satellite radio, telematics, emission control, traction control, automatic parking, in-vehicle entertainment systems, night vision, head-up displays, back up collision sensors, navigational systems, tire pressure monitor, and climate control. High-end electronics are being used in automotive vehicles to provide the drivers and passengers with in-car navigation, entertainment, and information.

The foreign and domestic players share the traditionalChinese automotive market. The emergence of New Energy Vehicles (NEV) has seen the domestic players having an upper hand over the foreign players. The advent of these NEVs will ensure significant growth in the automotive sector of the country during the forecast period.

Surface Mounting to Hold Largest Market Share

Surface mounting, also known as chip bonding, accounts for close to 40% of the total market share in the Asia-Pacific electronics industry. The major types of adhesives used in this application include mostly one-component systems, made from acrylics, epoxies, or urethane acrylates, and can be either electrically or thermally conductive. These adhesives used have superior physical and chemical quality which helps them to have a long shelf life, a high wet strength, rapid curing, strength, and flexibility.

China to Dominate the Market

China is expected to hold a share of more than 50% of the total Asia-Pacific market and is coming up as one of the biggest markets in terms of consumption and production of the electronic adhesives. The increasing urbanization, growing connectivity, and consistently growing automotive industry, combined with the usage of advanced technology in the manufacturing of automotive safety technologies and infotainment systems, is boosting the demand for printed circuit boards. This is driving the growth of electronic adhesives market. Apart from China, other countries, such as South Korea, Japan, and Singapore, are also expected to witness significant growth during the forecast period.



Key Developments

September 2017: H.B. Fuller Company acquired Royal Adhesives and Sealants

August 2016: Adhesives division of Alfagres S.A. was acquired by Henkel AG & Co. KGaA

Major Players: Henkel, DowDupont, H.B. Fuller Company, and 3M, amongst others.

Reasons to Purchase this Report

To understand the impact of increasing stringent regulations on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating resin type in the market

To identify the countries that are expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)



Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.


1. Introduction
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand from Automotive Industry in China
4.1.2 Growing Technological Advancements
4.2 Restraints
4.2.1 Volatility in Raw Material Prices
4.2.2 Regulations Related to the VOCs
4.3 Opportunities
4.3.1 Shift Towards Environment-friendly Water-based Adhesives
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market size, Growth and forecast)
5.1 By Resin Type
5.1.1 Epoxy
5.1.2 Acrylics
5.1.3 Polyurethane
5.1.4 Others
5.2 By Application
5.2.1 Conformal Coatings
5.2.2 Surface Mounting
5.2.3 Encapsulation
5.2.4 Wire Tacking
5.2.5 Others
6. Regional Market Analysis (Market size, Growth and forecast)
6.1 China
6.2 India
6.3 Japan
6.4 South Korea
6.5 ASEAN Countries
6.6 Rest of Asia-Pacific
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & services, Recent Developments)
8.1 BASF SE
8.2 Covestro AG
8.3 3M Company
8.4 Bostik SA
8.5 Avery Dennison Corporation
8.6 Dow Chemical Company
8.7 Adco Global Inc.
8.8 Sika AG
8.9 Ashland Inc
8.10 Illinois Tool Works Inc.
8.11 H.B. Fuller Company
8.12 Rpm International Inc.
8.13 Adhesives Research Inc.
8.14 Beardow & Adams (Adhesives) Ltd
8.15 Chemence Inc.
8.16 Henkel Ag & Company, KGAA
8.17 Huntsman Corporation
8.18 Pidilite Industries
8.19 Mapei SpA
8.20 Super Glue Corporation
8.21 Heng Ying Adhesive Co. Ltd
8.22 Ninghai Dingcheng Adhesive Co. Ltd
8.23 American Biltrite, Inc.
*List not exhaustive
9. Disclaimer
**Subject to availability of public domain

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