MARKET OVERVIEW:
PSAs for electronics are formulated to meet the specific needs of the electronic devices they are applied to. These adhesives provide various functionalities, including moisture resistance, thermal stability, and flexibility, all of which are crucial in the highly demanding environments of electronic devices.
MARKET INSIGHT & GROWTH DRIVERS:
2023 CAGR 2030
The market growth is driven by increasing gold mining activities, particularly in Asia-Pacific and Africa, where cyanide leaching remains the dominant extraction method. However, environmental concerns and stringent regulations pose challenges to market expansion.
MARKET DYNAMICS
Miniaturization of Electronics
The ongoing trend of shrinking electronic devices requires innovative solutions for component assembly. PSAs are ideal for this, as they enable smaller and more efficient designs without compromising performance.
MARKET OPPORTUNITIES
Thegrowthoftheelectronicsindustryin emerging markets, particularly in AsiaPacific,presentsasignificantopportunity for PSA manufacturers. Increasing disposable incomes and expanding technology adoption in countries like India,China,andSoutheastAsiaarekey factors driving this opportunity., The increasing adoption of electronics in vehicles, including safety systems, infotainment, and autonomous driving technologies, presents a growing opportunity for PSAs. They are increasingly being used for attaching sensors,displays,andothercomponents inautomotiveapplications.
COMPANY MISSION
Emerging trends include the shift toward eco-friendly adhesives, innovations in adhesive formulationsforspecificelectronics applications, and the growing role ofPSAsintheautomotivesector.
REGIONAL MARKET OUTLOOK
North America
The North American market for PSAs in electronics is projected to grow at a CAGR of 5.31% from 2025 through 2030, reaching a market size of USD 156.34 million by 2023. The region is a significant player in the electronics sector, with demand stemming from high-tech consumer electronics, automotive, and aerospace industries.
Europe
Europe is a critical market for PSAs in electronics, driven by the automotive sector's demand for advanced bonding solutions. Germany, France, and Italy are among the leading countries contributing to market expansion, with a growing emphasis on electric vehicles (EVs) and other smart automotive technologies.
COMPETITIVE LANDSCAPE
• 3M
• Henkel
• tesa SE
• Nitto Denko
• Akema
• Fuller
• Soken
These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.
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