Market Size of North America Electronics Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 7.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Electronics Adhesives Market Analysis
The North America electronics adhesives market is expected to grow at with a CAGR greater than 7% during the forecast period. One of the major factors driving the market is the growing electronics manufacturing in Mexico. However, stringent regulations regarding the VOC emissions is hindering the growth of the market studied.
- Increasing demand for electric vehicles is expected to provide a major growth opportunity for the market studied.
- United States accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the resin types, epoxy resin is expected to dominate the market studied during the forecast period