Global Electronic Adhesives Strategic Business Report 2022: 12 Players Featured Including 3M, Evonik Industries and LG Chem - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 19, 2022--
The “Electronic Adhesives: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Electronic Adhesives estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027.
Electrically Conductive, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermally Conductive segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 8.6% CAGR
The Electronic Adhesives market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 8.5% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$773.1 Million by the year 2027.
UV Curing Segment to Record 6.6% CAGR
In the global UV Curing segment, USA, Canada, Japan, China and Europe will drive the 6.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$449.2 Million in the year 2020 will reach a projected size of US$679.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7.9% CAGR through the analysis period.
Select Competitors (Total 12 Featured) -
- 3M Company
- Evonik Industries AG
- H. B. Fuller Company
- Henkel AG & Co. KGaA
- LG Chem Ltd.
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and a Research Platform
- Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Electronic Adhesives - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/5c3u26
View source version on businesswire.com:https://www.businesswire.com/news/home/20221219005388/en/
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/19/2022 06:35 AM/DISC: 12/19/2022 06:36 AM