Infinium Global Research Electronic Adhesives Market -IGR | Page 2

The report on Electronic Adhesives by Infinium Global Research analyses the Electronic Adhesives
Market over the period of 2017 to 2023. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in Global Electronic
Adhesives Market. It will help a lot of decision makers to develop strategies and find new
opportunities in the Global Electronic Adhesives Market.
Global Electronic Adhesives market size is expected to grow at a CAGR
between 12.0% and 12.5% over the forecast period from 2017 to 2023. With
thermal properties and enhance conductive properties, electronic adhesives
make a good substitute for soldering systems. These specialty adhesives find
substantial applications in electronic circuit manufacturing and assembling.
Market Insights
The global electronic adhesives market was sized over USD 3.30 billion in
2015. The global electronic adhesives market is projected to reach USD 7.90
billion by 2023, growing at a CAGR between 12.0% and 12.5% over the
forecast period from 2017-2023. The global electronic adhesive market is
largely driven by increasing demand for compact electronic and
communication devices, increase in usage of imaging censors in consumer
electronics and rapid growth in application industries in emerging markets
coupled with steady growth in matured markets. However, volatility in raw
material prices, high cost of installation for laminating and packaging the
machinery are some of the restraining factors that are likely to affect the
growth of the electronic adhesive market in the world. However, an increase in
R&D activities regarding microelectronic devices as well as extensive use of
automated appliances and changing lifestyles are likely to bring more