Increased Use of Electronics in Automobiles: Impact on Electronic Adhesives Market in Speciality Chemicals Industry| Technavio

NEW YORK, June 25, 2021 /PRNewswire/ — The Electronics Market report has been added to Technavio’s offering. With over 500 specialized analysts, Technavio’s…

NEW YORK, June 25, 2021 /PRNewswire/ — The Electronics Market report has been added to Technavio’s offering. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

The electronic adhesives market is expected to grow by USD 1.36 billion during 2021-2025, expanding at a CAGR of almost 5%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

The Electronic Adhesives Market report encapsulates not only the Materials Industry value chain analysis, but also features overall validation techniques employed for deriving the most accurate data insights.

Download: Analysis on Customer Landscape Matrix

Key Takeaways:

  • Technological innovations and advances in end-user industries will have a positive impact on the market and contribute to its growth significantly over the forecast period.
  • The emerging trends of lightweight electronic products and transportation vehicles are boosting the demand for cyanoacrylate electronic adhesives.
  • Advances in complex automobile designs with various lightweight substrates and innovative self-adhesive labels and packaging are expected to drive the demand for more convenient application systems.
  • Over the years, the demand for special features in vehicles has increased, and most of the improved features in automobiles are because of new electronic components. The rise in demand for special features in vehicles has led to the growth of the electronic adhesives market.
  • The demand for electronic adhesives is increasing in the automotive industry, owing to the rapid use of electronic components in various automotive parts.
  • The increasing demand for safety features, comfort, stability, and high performance is driving the need for electrification in automobiles, which is fueling the use of electronic adhesives.

Register for a free trial today and gain instant access to 17,000+ market research reports

Technavio’s SUBSCRIPTION platform: Chemicals

Interested in Materials Industry Related Reports?

Specialty Chemicals Market by End-user and Geography – Forecast and Analysis 2020-2024

Bioadhesive Market by Product and Geography – Forecast and Analysis 2021-2025

Electronic Adhesives Market Dynamics:

  • Segmentation by Product (Electrically conductive adhesives, Thermally conductive adhesives, UV curing adhesives, and Others)
  • Segmentation by Material (Silicon adhesives, Polyurethane adhesives, Acrylic adhesives, Epoxy adhesives, and Others)
  • Segmentation by Application (Surface mounting, Conformal coating, Wire tacking, and Potting and encapsulation)
  • Segmentation by Geography (APAC, Europe, North America, South America, and MEA)

68% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for the electronic adhesives market in APAC. Market growth in this region will be slower than the growth of the market in MEA. Increasing population and high disposable income will facilitate the electronic adhesives market growth in APAC over the forecast period.

Buy our market report right now to gain access to a detailed customer landscape matrix comparing key industry-driven parameters. Now!

Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Our growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200



Cision View original content to download multimedia:

SOURCE Technavio