Electronic SMT
Adhesive Market
Electronic SMT Adhesive Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Electronic SMT Adhesive Market Size and Growth
The Electronic SMT Adhesive market is expanding due to increasing demand for compact electronic devices and advancements in manufacturing technologies. As of 2023, the market size is estimated at approximately $500 million, with growth driven by innovations in adhesive formulations and rising applications in automotive and consumer electronics sectors.
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Companies Covered
(Covid 19 Impact Covered)
◍ 3M
◍ Henkel
◍ ITW
◍ DELO Industrial Adhesives
◍ Dow
◍ Huntsman
◍ LORD Corp
◍ H.B. Fuller
◍ Hexion
◍ Mitsubishi Chemical
◍ Shinetsu
◍ Lintec Corporation
The Electronic SMT Adhesive Market features key players like 3M, Henkel, ITW, and Dow, which innovate adhesives for PCB assembly, enhancing reliability and efficiency. These companies drive market growth through advanced formulations and sustainability initiatives. Sales figures include Henkel: €20 billion, 3M: $35.4 billion, and H.B. Fuller: $3 billion.
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Market Segmentation
By Application
◍ Communication Electronics
By Product
Multicomponent ◍ Consumer Electronics
◍ Industrial Electronics
◍ Automotive Electronics
◍ Military & Aerospace Electronics
◍ Others
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One Component
Market Growth
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$ X Billion USD
