The electronics adhesives market is projected to top $6.3 billion this year, according to a recent business intelligence report by Transparency Market Research (TMR). Vendors dealing in electronics adhesives have been offering customized solutions based on client requirements; this trend that has enabled most of them to establish a strong foothold in the market. In addition, backward integration in order to maintain easy and quality supply of raw materials will emerge as a new trend in the electronics adhesives market.

“An increasing number of players have been focusing on expansion activities in several Asian countries such as China, India, and South Korea,” said the analyst who authored the study. “The growing demand for electronics adhesives, the availability of an established customer base and state-of-the-art manufacturing facilities, the increased production of consumer electronics, and the strong presence of local players present immense opportunities for companies in the electronics adhesives market.”

Developing economies such as China and India are presently characterized by the rise of a new class of consumers. “The surging disposable income of this new class has resulted in the growing demand for automotive and consumer appliances. This, in turn, drives the global demand for electronics adhesives,” said the analyst.

Strict regulations against volatile organic compound (VOC) emissions from adhesive films are a major concern in China. Despite being a leading producer of electronics adhesives, initiatives taken by the Chinese government to curb VOC emissions threaten to dampen the growth of electronics adhesives in China. However, the massive production bases for and consumption of semiconductors, smartphones, and tablets is expected to override the negative impact of these regulatory restrictions in the coming years.

Another factor boosting the electronics adhesives market is a surge in R&D activities. “The dynamic nature of the industry and constant changes in consumer expectations have compelled players to step up efforts in the development of advanced electronics adhesives that are in line with what the consumers want in terms of features, technology, and performance,” the analyst said.

Additional details are available at