Europe Electronics Adhesives Market Analysis
The Europe Electronics Adhesives Market is expected to register a CAGR of greater than 7% during the forecast period.
- Increasing use of electric vehicles is expected to provide a major growth opportunity for the market studied.
- Germany accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the application areas, surface mounting is expected to dominate the market studied during the period.
Europe Electronics Adhesives Market Trends
Surface Mounting to Dominate the Market
- Surface mounting, also known as chip bonding, is the major application of adhesives in the electronics industry.
- It includes placing surface-mount-devices on beads or dots of UV curing adhesives and curing the adhesive to firmly as well as securely hold the device at the requisite place during any further processing of the electronic equipment being manufactured.
- The types of adhesives used in this application are mostly one-component systems made from acrylics, epoxies, or urethane acrylates, and they can be either electrically or thermally conductive.
- The stable growth of Europe over the past few years is driving the demand for electronic adhesives for surface mounting applications.
- Owing to the above-mentioned factors, surface mounting is expected to dominate the market during the forecast period.
Germany to Dominate the Market
- The growth of the Germany's electronic adhesives is vastly attributed to the presence of one of the world's largest automobile production sector in the country, which accounts for the highest share of the European Union's automobile production .
- Moreover, the country has been witnessing a significant growth in the electric vehicle sector, owing to the increasing environment-related concerns caused by traditional fuel vehicles.
- The growing consumer preference in the country for electronic vehicles to replace their older fossil fuel based vehicles is helping the automotive sectors in the country.
- The overall electronics industry of the country has witnessed a significant growth over the past few years owing to increasing investments. This is likely to boost the market studied in Germany.
- Hence, owing to the above-mentioned factors, Germany is likely to dominate the market studied during the forecast period.
Europe Electronics Adhesives Industry Overview
The Europe electronics adhesives market is moderately consolidated as the market share is divided among a few players. Some of the key players in the market include Henkel AG & Co. KGaA, 3M, BASF SE, Dow, and H.B. Fuller Company among others.
Europe Electronics Adhesives Market Leaders
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Henkel AG & Co. KGaA
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Dow
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H.B. Fuller Company
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3M
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BASF SE
- *Disclaimer: Major Players sorted in no particular order
Europe Electronics Adhesives Industry Segmentation
The Europe electronics adhesives market report includes:
Resin Type | Epoxy |
Acrylics | |
Polyurethane | |
Other Resin Types | |
Application | Conformal Coatings |
Surface Mounting | |
Encapsulation | |
Wire Tacking | |
Other Applications | |
Geography | Germany |
United Kingdom | |
France | |
Italy | |
Rest of Europe |
Epoxy |
Acrylics |
Polyurethane |
Other Resin Types |
Conformal Coatings |
Surface Mounting |
Encapsulation |
Wire Tacking |
Other Applications |
Germany |
United Kingdom |
France |
Italy |
Rest of Europe |
Europe Electronics Adhesives Market Research FAQs
What is the current Europe Electronics Adhesives Market size?
The Europe Electronics Adhesives Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)
Who are the key players in Europe Electronics Adhesives Market?
Henkel AG & Co. KGaA, Dow, H.B. Fuller Company, 3M and BASF SE are the major companies operating in the Europe Electronics Adhesives Market.
What years does this Europe Electronics Adhesives Market cover?
The report covers the Europe Electronics Adhesives Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Electronics Adhesives Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on: November 27, 2024
Europe Electronics Adhesives Industry Report
Statistics for the 2025 Europe Electronics Adhesives market share, size and revenue growth rate, created by Mordor Intelligenceâ„¢ Industry Reports. Europe Electronics Adhesives analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.