The electronic adhesives market is witnessing a remarkable transformation, fueled by the surge in demand for miniaturized electronic devices and advancements in automotive electronics, especially electric vehicles (EVs).
Austin, April 18, 2025 (GLOBE NEWSWIRE) — The global electronic adhesives market is projected to reach USD 9.30 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.89% from 2024 to 2032.
Electronic adhesives are specialized compositions that are utilized to assemble and protect electronic components, providing vital properties that range from conductivity, insulation, and structural support. Increasing complexity in electronic assemblies, combined with the requirement for lightweight/high-performance materials with high durability, has been expediting the adoption of advanced adhesive technologies in industries. Sustainable electronics and stringent regulations about hazardous substances (RoHS & REACH) in North America, Europe, and Asia-Pacific are further propelling the need for high reliability and eco-friendly adhesives. The rise in R&D investments in bio-based and lead-free adhesive solutions are further driven by governments advocating for green manufacturing practices like the European Green Deal and the U.S. CHIPS and Science Act of 2022. As a response, manufacturers are introducing technologically advanced adhesives with heat conductivity and UV-curable adhesives to align with the evolving standards of the industry.
In North America, the United States dominated the regional electronic adhesives market in 2023 with a valuation of USD 0.27 billion, projected to reach USD 0.39 billion by 2032, growing at a CAGR of 3.99% from 2024 to 2032. The market expansion is primarily supported by the nation’s drive for domestic semiconductor manufacturing, with historic investments under the CHIPS Act totaling USD 52.7 billion, actively rolled out beginning in 2023. Additionally, the rise in electric vehicle adoption significantly increases the demand for advanced adhesives for battery assemblies and automotive sensors. The steady uptake of wearable devices and smart home technologies further fuels the need for flexible, high-performance adhesives across consumer electronics segments.
Key Players:
Arkema SA (Kraton D Series, Epikure Epoxy Hardener)
BASF SE (Epoxy Adhesives, 2-component polyurethane adhesive)
• Growth of Smart Devices and Wearable Technology Increases Demand for Versatile Adhesive Solutions.
Market Segmentation
By Resin Type
In 2023, epoxy-based adhesives held the largest share of the electronic adhesives market at 50.3%. Epoxy adhesives are renowned for their excellent mechanical strength, chemical resistance, and electrical insulation properties, making them the top choice for applications such as printed circuit boards (PCBs) and semiconductor packaging. Following closely, silicone adhesives accounted for a significant share due to their superior thermal stability and flexibility, which are crucial for high-temperature electronic components, particularly in automotive and aerospace industries.
In the year 2023, the Electrically Conductive adhesive segment held the highest share of 45.5% in the total share of the electronic Adhesives market. They are mainly applied in electronic component manufacturing where the adhesive must also be electrically conductive, for instance in circuit boards, semiconductors, and display applications. These types of adhesives are very useful in applications where conventional soldering methods are not practical or desirable, such as in flexible electronics or when dealing with components that are sensitive to heat. As an example, some companies such as 3M and Henkel, have created new electrically conductive adhesives, driven in part by more flexible, lightweight electronics. The electrically conductive adhesive market is also majorly complemented by growing demand for electric vehicles (EVs) and as well as a boom in the consumer electronics industry as in which adhesive is used for connecting battery cells, heat sinks, and other components.
By Application
The Surface Mounting segment held the largest Electronic Adhesives Market share with 35.6% in 2023. Surface Mounting Technology (SMT) is a technique in which electronic components are mounted directly onto the surface of printed circuit boards (PCBs) and used widely in the electronics industry for its compactness and high efficiency. This allows Surface Mounting adhesives to be used, i.e., components are bonded on such boards, which has further allowed smaller electronic devices to be assembled. The bigger companies like Henkel, Dow create specific SMT adhesives which provide excellent adhesion, thermal, as well as electrical conductivity. Surface Mount Technology (SMT) is essential in many industries including consumer electronics, automotive, and industrial automation, which require high-density packaging and performance reliability. This application segment is expected to grow due to a rising demand for miniaturized, lightweight, and performance electronic devices.
In 2023 Asia Pacific region dominated the electronic adhesives market with a regional share of 42.8 % of the total market. This is mainly attributed to the high electronics manufacturing in countries such as China, Japan, South Korea, and Taiwan, which is driving the regional dominance. Major electronics manufacturers like Samsung, LG, and Foxconn, a significant volume of electronics manufacturing involves consumer electronics, semiconductors, and electronic components, all of which require advanced electronic adhesives that are manufactured in these countries. For example, China is one of the major smartphone production countries in the world; thus, the demand for electronic adhesives used in smartphone assembly has increased. China National Electronics Association (CNEA) states that the Chinese electronics industry is still growing, with vigorous market demand for high-performance adhesives.
In 2023, Henkel AG & Co. KGaA launched its next-generation LOCTITE Ablestik ABP 380 adhesive series in 2023, aimed at providing superior thermal performance for power semiconductor packages used in EVs and renewable energy sectors.
In February 2024, 3M Company announced the opening of a new R&D center in Singapore dedicated to developing sustainable electronic adhesives for flexible and wearable devices, targeting the fast-growing Asia-Pacific market.
Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Electronic Adhesives Market Segmentation, By Resin Type
8. Electronic Adhesives Market Segmentation, By Product Type
9. Electronic Adhesives Market Segmentation, By Application
10. Electronic Adhesives Market Segmentation, By End-use Industry
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
CONTACT: Jagney Dave – Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.
