Electronic Adhesives Market (Product Type – Electrically Conductive Adhesives, Thermally Conductive

The global electronics adhesives market value in 2022 was over more than USD 4 billion and is expected to reach over USD 6 billion in 2028 and is expected to be growing with a CAGR of about 7% during the forecast period. Electronic adhesives play an important role in fabricating electronic goods, preferably used in the production and assembly of a range of electronics products. Electronic adhesives are widely used to manufacture high-performance electronic devices that are used in network solutions. Moreover, the favorable thermal and conductive properties of electronic adhesive have replaced the traditional soldering systems. There are three major types of electronic adhesives electrically conductive, thermally conductive, and UV curing. These adhesives are extensively adopted for applications such as surface-mount devices (SMDs), conformal coatings, potting and encapsulation, and others.