Product Code: PM5555
The electrical and electronic adhesive market size is expected to reach USD 14.48 billion by 2034, according to a new study by Polaris Market Research. The report "Electrical and Electronic Adhesive Market: by Product (Thermal Conductive, Electrically Conductive, UV Curving, and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Electrical and electronic adhesives are specialized bonding materials used to secure components in electronic devices while providing insulation, conductivity, and durability to ensure reliable performance.
The world's shift toward renewable energy sources is driving the demand for systems such as solar panels and wind turbines. These renewable energy systems rely on adhesives to bond parts, such as photovoltaic cells in solar panels and components in wind turbines. The adhesives withstand extreme weather conditions, including heat, moisture, and mechanical stress. They also help improve energy efficiency by providing better insulation and preventing component failure. The increasing global focus on sustainability is fueling the demand for high-performance adhesives in the renewable energy sector, thereby driving the electrical and electronic adhesive market growth.
There is an increasing focus on environmentally friendly and sustainable practices across industries, and the electronics sector is no exception. Governments and organizations are introducing stringent regulations that limit the use of hazardous materials, including in electronics manufacturing. Consequently, there is a growing demand for eco-friendly adhesives that meet these sustainability standards while still performing well in electronic applications. These adhesives are non-toxic, recyclable, and free of harmful substances such as solvents and heavy metals. The push for more sustainable practices in electronics manufacturing is driving the adoption of greener adhesive solutions, thereby boosting the electrical and electronic adhesive market demand.
Electrical and Electronic Adhesive Market Report Highlights
In 2024, based on application, the surface mount device segment dominated the electrical and electronic adhesive market share as adhesives plays crucial role in attaching small components such as resistors and microchips to printed circuit boards (PCBs).
By product, the electrically conductive segment is expected to witness the fastest growth during the forecast period as it offers improved performance by reducing the need for traditional soldering, making it essential in modern electronics manufacturing.
In 2024, North America dominated the electrical and electronic adhesive market revenue share due to the strong presence of key players in electronics manufacturing, particularly in the US.
Asia Pacific is expected to record significant share during the forecast period, due to its well-established electronics manufacturing industry, particularly in countries such as China, Japan, and South Korea.
A few global key market players are 3M, Arkema, Ashland, AVERY DENNISON CORPORATION, Covestro AG, Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC, Illinois Tool Works Inc. (ITW), MAPEI S.P.A., Permabond LLC, Pidilite Industries Ltd., and Sika AG.
Polaris Market Research has segmented the electrical and electronic adhesive market report on the basis of product, application, and region:
By Product (Volume Kilotons, Revenue - USD Billion, 2020-2034)
- Thermal Conductive
- Electrically Conductive
- UV Curing
- Others
By Application (Volume Kilotons, Revenue - USD Billion, 2020-2034)
- Surface-Mount Devices
- Potting & Encapsulation
- Conformal Coatings
- Others
By Regional Outlook (Revenue - USD Billion, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Electrical and Electronic Adhesive Market Insights
- 4.1. Electrical and Electronic Adhesive Market - Market Snapshot
- 4.2. Electrical and Electronic Adhesive Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growth of the Consumer Electronic Sector
- 4.2.1.2. Growth in the Sales of Electric Vehicle
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of Skilled Workforce
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Electrical and Electronic Adhesive Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Electrical and Electronic Adhesive Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 5.3. Thermal Conductive
- 5.3.1. Global Electrical and Electronic Adhesive Market, by Thermal Conductive, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.4. Electrically Conductive
- 5.4.1. Global Electrical and Electronic Adhesive Market, by Electrically Conductive, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.5. UV Curing
- 5.5.1. Global Electrical and Electronic Adhesive Market, by UV Curing, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.6. Other
- 5.6.1. Global Electrical and Electronic Adhesive Market, by Other, by Region, 2020-2034 (Volume Kilotons, USD Billion)
6. Global Electrical and Electronic Adhesive Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 6.3. Surface-Mount Devices
- 6.3.1. Global Electrical and Electronic Adhesive Market, by Surface-Mount Devices, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.4. Potting & Encapsulation
- 6.4.1. Global Electrical and Electronic Adhesive Market, by Diagnostic Laboratories, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.5. Conformal Coatings
- 6.5.1. Global Electrical and Electronic Adhesive Market, by Conformal Coatings, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.6. Others
- 6.6.1. Global Electrical and Electronic Adhesive Market, by Others, by Region, 2020-2034 (Volume Kilotons, USD Billion)
7. Global Electrical and Electronic Adhesive Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Electrical and Electronic Adhesive Market Assessment, By Geography, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3. Electrical and Electronic Adhesive Market - North America
- 7.3.1. North America: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.2. North America: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.3. Electrical and Electronic Adhesive Market - U.S.
- 7.3.3.1. U.S.: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.3.2. U.S.: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.4. Electrical and Electronic Adhesive Market - Canada
- 7.3.4.1. Canada: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.4.2. Canada: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4. Electrical and Electronic Adhesive Market - Europe
- 7.4.1. Europe: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.2. Europe: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.3. Electrical and Electronic Adhesive Market - UK
- 7.4.3.1. UK: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.3.2. UK: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.4. Electrical and Electronic Adhesive Market - France
- 7.4.4.1. France: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.4.2. France: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.5. Electrical and Electronic Adhesive Market - Germany
- 7.4.5.1. Germany: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.5.2. Germany: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.6. Electrical and Electronic Adhesive Market - Italy
- 7.4.6.1. Italy: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.6.2. Italy: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.7. Electrical and Electronic Adhesive Market - Spain
- 7.4.7.1. Spain: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.7.2. Spain: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.8. Electrical and Electronic Adhesive Market - Netherlands
- 7.4.8.1. Netherlands: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.8.2. Netherlands: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.9. Electrical and Electronic Adhesive Market - Russia
- 7.4.9.1. Russia: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.9.2. Russia: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.10. Electrical and Electronic Adhesive Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.10.2. Rest of Europe: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5. Electrical and Electronic Adhesive Market - Asia Pacific
- 7.5.1. Asia Pacific: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.2. Asia Pacific: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.3. Electrical and Electronic Adhesive Market - China
- 7.5.3.1. China: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.3.2. China: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.4. Electrical and Electronic Adhesive Market - India
- 7.5.4.1. India: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.4.2. India: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.5. Electrical and Electronic Adhesive Market - Malaysia
- 7.5.5.1. Malaysia: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.5.2. Malaysia: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.6. Electrical and Electronic Adhesive Market - Japan
- 7.5.6.1. Japan: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.6.2. Japan: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.7. Electrical and Electronic Adhesive Market - Indonesia
- 7.5.7.1. Indonesia: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.7.2. Indonesia: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.8. Electrical and Electronic Adhesive Market - South Korea
- 7.5.8.1. South Korea: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.8.2. South Korea: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.9. Electrical and Electronic Adhesive Market - Australia
- 7.5.9.1. Australia: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.9.2. Australia: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.10. Electrical and Electronic Adhesive Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.10.2. Rest of Asia Pacific: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6. Electrical and Electronic Adhesive Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.2. Middle East & Africa: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.3. Electrical and Electronic Adhesive Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.3.2. Saudi Arabia: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.4. Electrical and Electronic Adhesive Market - UAE
- 7.6.4.1. UAE: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.4.2. UAE: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.5. Electrical and Electronic Adhesive Market - Israel
- 7.6.5.1. Israel: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.5.2. Israel: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.6. Electrical and Electronic Adhesive Market - South Africa
- 7.6.6.1. South Africa: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.6.2. South Africa: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.7. Electrical and Electronic Adhesive Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.7.2. Rest of Middle East & Africa: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7. Electrical and Electronic Adhesive Market - Latin America
- 7.7.1. Latin America: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.2. Latin America: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.3. Electrical and Electronic Adhesive Market - Mexico
- 7.7.3.1. Mexico: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.3.2. Mexico: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.4. Electrical and Electronic Adhesive Market - Brazil
- 7.7.4.1. Brazil: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.4.2. Brazil: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.5. Electrical and Electronic Adhesive Market - Argentina
- 7.7.5.1. Argentina: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.5.2. Argentina: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.6. Electrical and Electronic Adhesive Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Electrical and Electronic Adhesive Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.6.2. Rest of Latin America: Electrical and Electronic Adhesive Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. 3M
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Arkema
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Ashland
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. AVERY DENNISON CORPORATION
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Covestro AG
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Dow
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. H.B. Fuller Company
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Henkel AG & Co. KGaA
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Huntsman International LLC
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Illinois Tool Works Inc. (ITW)
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. MAPEI S.P.A.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Permabond LLC
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Pidilite Industries Ltd.
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Sika AG
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development