Global electronic adhesives market to reach $9.30 billion by 2032, driven by innovation and demand

From GlobeNewswire: 2025-04-18 09:30:00

The global electronic adhesives market is set to reach USD 9.30 billion by 2032, with a CAGR of 6.89% from 2024 to 2032. These specialized compositions are crucial for assembling and protecting electronic components, driven by the need for lightweight, high-performance materials with durability and eco-friendly properties.

In North America, the U.S. led the electronic adhesives market in 2023, with a valuation of USD 0.27 billion, projected to reach USD 0.39 billion by 2032. Factors like domestic semiconductor manufacturing initiatives, electric vehicle adoption, and wearable tech growth are boosting demand for advanced adhesives.

Key players in the electronic adhesives market include Arkema SA, BASF SE, Dow Inc., Henkel AG, 3M Company, and more. These companies offer a range of advanced adhesive solutions to meet the evolving standards of the industry, including heat conductivity and UV-curable adhesives.

In 2023, Asia Pacific dominated the electronic adhesives market with a regional share of 42.8%, driven by high electronics manufacturing in countries like China, Japan, South Korea, and Taiwan. Major electronics manufacturers in the region are driving the demand for advanced adhesives for various applications in consumer electronics, semiconductors, and more.

Recent developments in the electronic adhesives market include Henkel’s launch of the LOCTITE Ablestik ABP 380 adhesive series for power semiconductor packages in EVs, and 3M Company’s new R&D center in Singapore focusing on sustainable electronic adhesives for flexible and wearable devices in the Asia-Pacific market.



Read more at GlobeNewswire: Electronic Adhesives Market to Hit USD 9.30 Billion by