Market Size of Polyurethane (PU) Adhesives in Electronics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
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Polyurethane Adhesive in Electronics Market Analysis
The global polyurethane (PU) adhesives in electronics market is expected to grow at a CAGR of more than 5.8% during the forecast period. The demand for PU adhesives in electronics is widely driven by the increased application in automotive industry and growing technological dominance. However, regulations related to VOC emission is likely to hinder the growth of the studied market.
- Among product types, the electrically conductive adhesives are expected to dominate the market, owing to their superior intrinsic properties, like thermal dissipation functionality, making them suitable for numerous applications.
- The continuous innovation and development of advanced technologies across the globe is likely to offer opportunities for the PU adhesives in electronics market.
- Asia-Pacific stands to be the largest and fastest growing region in the studied market, where electronics production, demand and exports have been significantly influencing the consumption of PU adhesives for electronic applications.
