Published by Jessica Weisman-Pitts
Posted on January 31, 2022
5 min readLast updated: January 28, 2026
The electronics adhesives market is set to grow over 8% CAGR by 2031, driven by electric vehicles and telecommunications demand.
The increasing demand for electric vehicles across the globe is one of the key factors driving the global electronics adhesives market. As per analysis by Future Market Insights (FMI), the global electronics adhesives market is estimated to expand at a healthy CAGR of more than 8% over the forecast period of 2021-2031.
The automotive sector has witnessed notable growth in recent years, which is expected to continue in the coming decade, with the influx of electric vehicles and the incorporation of electronic systems in automotive models. Strong demand from the automotive and mobile and telecommunications industries is expected to fuel growth of the electronics adhesives sector. The demand for polyurethane adhesives is extremely high, will continue to hold a major market share over the next decade.
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The demand for electronics adhesives is anticipated to increase substantially in the near future owing to the growing applications in consumer electronics, driven by the growth in population and rise in disposable incomes.
Factors such as miniaturization of existing electronics products in order to increase efficiency, the adoption of surface mounting technology over soldering and welding, the growing popularity of electric vehicles are factors which are shaping the prospects of the market for the forecast period. However, the high cost of installation for the production of manufacturing equipment is hindering the global electronics adhesives market.
Key Takeaways from Electronics Adhesives Market Study
“With competition increasing at a rapid pace, there is immense focus on expansion of production capacity and regional footprint. To achieve this, the market players are focusing on mergers and aquisitions,” says an analyst of Future Market Insights.
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Who is winning?
The global electronics adhesives market has been identified as a moderately consolidated market, with the Tier-1 manufacturers accounting for a significant share of the overall revenues, particularly in North America and Europe.
Some of the leading players included in the report are 3M, Dymax Corporation, DOW Inc., Henkel AG & Co. KGaA, H.B. Fuller Company (Royal Adhesives & Sealants LLC), Evonik Industries AG, Sika AG, Bostik AG, ThreeBond, Shin Etsu Silicones, Konishi Co, LTD., TERAOKA SEISAKUSHO CO., LTD., and TOMOEGAWA, YAMATO Co., Ltd. which are anticipated to create a tough competitive environment at the global level.
Market Segmentation by Category
By Material Type
By Application
End Use
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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The article discusses the growth of the electronics adhesives market, driven by demand in electric vehicles and telecommunications.
The electronics adhesives market is expected to expand at a CAGR of more than 8% from 2021 to 2031.
China and the U.S. are leading regions, with China holding 43% of the East Asia market and the U.S. leading in North America.
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