The global electrical and electronic adhesive market size was valued at USD 6.98 billion in 2025 and is expected to witness a CAGR of 7.89% from 2025 to 2032. and by 2032, the global electrical and electronic adhesive market is expected to reach around USD 11.95 billion.
Electrical and electronic adhesives are specialized bonding materials used in electronic devices and electrical systems to provide strong adhesion, insulation, and protection against heat, vibration, and environmental factors. These adhesives are widely applied in circuit boards, semiconductors, sensors, cables, and consumer electronics to ensure reliability, durability, and performance. They offer properties such as thermal conductivity, electrical insulation, flame resistance, and miniaturization support, making them critical in advanced electronics manufacturing. With the rapid growth of consumer electronics, electric vehicles, renewable energy systems, and 5G infrastructure, the demand for these adhesives is rising globally. Their role in enhancing product safety, energy efficiency, and long-term stability positions them as essential materials in modern electrical and electronic applications.
The electrical and electronic adhesives market is witnessing strong growth trends driven by rapid advancements in consumer electronics, the rising adoption of electric vehicles, and expanding demand for miniaturized, high-performance devices. Manufacturers are increasingly focusing on adhesives with superior thermal conductivity, electrical insulation, and lightweight properties to meet the needs of next-generation electronics and energy-efficient systems. The shift toward 5G infrastructure, renewable energy technologies, and smart devices is further boosting innovation. Additionally, sustainability trends are encouraging the development of eco-friendly, low-VOC adhesive formulations, while automation in electronics manufacturing is driving greater reliance on precision bonding solutions.
Segmentation: The Electrical and Electronic Adhesives Market is Segmented by Resin Type (Epoxy, Acrylic, Silicone and Others), Product Type (Electrically Conductive, Thermally Conductive, Others), Application (Conformal Coating, Surface Mounting, and Others), End-User Industry (Automotive, Biosciences, Consumer Electronics, Aerospace and Other End Users), and Geography (Asia-Pacific, North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).
Market Drivers:
The global transition to electric mobility is a paramount driver for the electrical and electronic adhesives market. Unlike traditional vehicles, EVs rely heavily on complex battery packs, power electronics, and electric motors, all of which demand specialized adhesive solutions. Adhesives are critical for structural battery cell bonding, thermal management by providing efficient heat dissipation, and ensuring critical environmental sealing against moisture and contaminants.
Moreover, the launch of new products are fuelling this market growth. For instance, in March 2025, TATA.ev, partnered with Allied Motors and launched comprehensive EV portfolio, including the Tiago.ev, Punch.ev, and Nexon.ev, in Mauritius. These vehicles, built on advanced high-voltage architectures, offered segment-leading features and superior safety. This expansion subsequently drove growth in the electrical and electronic adhesives market, as the manufacturing and maintenance of these EVs increased demand for specialized adhesives used in battery assembly, thermal management, and protecting sensitive electronic components from environmental stressors. Furthermore, they are used for potting and protecting sensitive control units and sensors from vibration and thermal cycling. This multifaceted application within a single, rapidly growing industry creates massive, sustained demand for high-performance conductive, structural, and thermally conductive adhesives, far exceeding the requirements of the conventional automotive sector.
The relentless trend towards miniaturization and the adoption of advanced electronics across sectors is a fundamental growth driver. As devices—from smartphones and wearables to medical implants and 5G infrastructure—shrink in size but increase in power and functionality, traditional mechanical fasteners become obsolete.
Furthermore, the launch of new product are fueling the growth studied market. For instance, in April 2025, Sony Electronics commercialized the AS-DT1, the world's smallest and lightest LiDAR depth sensor. Leveraging its expertise in miniaturization and optical lenses, the compact sensor is designed for space-constrained applications like drones and robotics. This advancement will significantly increase demand for high-performance, miniaturized electronic adhesives essential for precisely securing and protecting delicate micro-optical components and sensors from shock, vibration, and environmental damage in compact devices. Thus, such factors are fuelling the market growth.
Market Restraints:
A significant restraint on the market's growth is the volatility in the prices and availability of key raw materials, primarily petroleum-based chemicals and specialized synthetic resins. These fluctuations create substantial uncertainty in production planning and compress profit margins for adhesive manufacturers, who may struggle to pass all costs onto customers in competitive segments. Furthermore, this volatility is exacerbated by geopolitical tensions, trade policies, and supply chain disruptions, which can lead to critical shortages. This environment of instability discourages long-term investment and can delay adoption in price-sensitive applications, as manufacturers may seek alternative, less optimal assembly methods to control costs.
The electrical and electronic adhesives market has a significant socio-economic impact as it supports the growth of key industries such as consumer electronics, automotive, renewable energy, and telecommunications, creating jobs in manufacturing, R&D, and supply chains while driving technological innovation and global connectivity. By enabling reliable, efficient, and safe electronic devices, these adhesives contribute to productivity, sustainability, and improved quality of life. Pre-COVID-19, market growth was steady with strong demand from consumer electronics, while during the pandemic, supply chain disruptions and reduced production slowed expansion. Post-COVID-19, the market rebounded with accelerated digitalization, rising EV adoption, and renewed investments in renewable energy and smart technologies, reinforcing its importance to modern economies.
Segmental Analysis:
The epoxy segment is expected to witness significant growth in the electrical and electronic adhesives market due to its excellent bonding strength, thermal stability, and chemical resistance. Epoxy adhesives are widely used in applications such as semiconductors, printed circuit boards, sensors, and encapsulation processes where high durability and reliability are required. Their ability to withstand harsh operating environments, including high heat and vibration, makes them a preferred choice in automotive electronics, aerospace systems, and industrial equipment. Additionally, the rapid rise of electric vehicles and renewable energy technologies is fueling demand for epoxy-based adhesives, as they ensure strong structural integrity and performance. Growing innovations in heat-resistant and eco-friendly epoxy formulations are further supporting market expansion globally.
The electrically conductive adhesives segment is poised for substantial growth as electronic devices increasingly require lightweight, high-performance alternatives to traditional soldering methods. These adhesives, composed of silver, copper, or carbon fillers, enable reliable electrical conductivity while reducing processing temperatures, making them ideal for sensitive components in miniaturized devices. Their application in flexible electronics, sensors, medical devices, and LED lighting is rapidly expanding due to their ability to enhance performance and reduce weight. Electrically conductive adhesives are also vital in electric vehicles, solar panels, and 5G infrastructure, where advanced interconnect solutions are in high demand. Growing emphasis on lead-free, eco-friendly manufacturing practices further accelerates adoption, making this segment one of the fastest-growing within the electrical and electronic adhesives market.
The conformal coating segment is expected to experience strong growth in the electrical and electronic adhesives market due to the rising need to protect sensitive electronic components from moisture, dust, chemicals, and extreme temperatures. These coatings, often made from acrylic, silicone, or epoxy, form a protective layer over printed circuit boards and other components, extending their lifespan and reliability. With the increasing complexity of consumer electronics, automotive electronics, and industrial automation systems, demand for robust protection is rising significantly. The expansion of the electric vehicle and renewable energy industries, where sensitive electronics must withstand harsh conditions, further boosts adoption. Additionally, technological advancements in selective coating techniques and eco-friendly formulations are driving innovation and fueling growth in this segment.
The consumer electronics segment is projected to witness remarkable growth in the electrical and electronic adhesives market, fueled by the rising demand for smartphones, laptops, tablets, wearables, and smart home devices. Adhesives play a critical role in bonding, sealing, and protecting delicate electronic components, ensuring miniaturization, durability, and heat dissipation in compact devices. The continuous push for lightweight, flexible, and multifunctional gadgets is accelerating the adoption of advanced adhesives with thermal conductivity and electrical insulation properties. Furthermore, the rapid rollout of 5G technology and growing adoption of IoT-enabled devices are driving greater integration of adhesives in circuit boards and microelectronics. As consumer demand for high-performance, durable, and energy-efficient electronics rises globally, adhesive solutions will remain integral to this growth trajectory.
The Asia-Pacific region is expected to witness significant growth in the electrical and electronic adhesives market, driven by its strong electronics manufacturing base, expanding automotive sector, and rising adoption of advanced technologies.
Countries such as China, Japan, South Korea, and Taiwan dominate global production of semiconductors, printed circuit boards, and consumer electronics, creating immense demand for adhesives. For instance, in March 2025, TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd. announced the development of its miniaturized micro profile tape, a next-generation contact for fifth-generation signal relays. The company achieved a minimum width of 0.2 mm, establishing it as the smallest-sized contact tape available for these relays. This innovation enabled the production of lighter contacts and effectively suppressed bounce and chattering during their operation. The relentless miniaturization of electronics and the electric vehicle (EV) revolution are primary drivers, as both demand advanced adhesives for battery assembly, micro-component bonding, and sensor protection in increasingly compact and high-performance applications.
Additionally, the rapid growth of electric vehicles, renewable energy projects, and 5G infrastructure in the region is fueling further adoption. Low production costs, skilled labor, and supportive government policies attract global players to expand operations in Asia-Pacific. Moreover, the rising middle-class population and growing consumer demand for electronics ensure continued market expansion, positioning the region as a key driver of global growth.
The competitive landscape of the electrical and electronic adhesives market is moderately consolidated, with a mix of global leaders and regional players competing through innovation, product performance, and cost efficiency. Major companies focus on developing advanced adhesives with high thermal conductivity, electrical insulation, and eco-friendly formulations to cater to diverse applications in consumer electronics, automotive, 5G, and renewable energy sectors. Strategic initiatives such as mergers, acquisitions, partnerships, and capacity expansions are common as players aim to strengthen market share and expand geographically. Intense R&D investment in miniaturization and sustainable solutions is further driving competition, while regional manufacturers leverage localized supply chains and cost advantages to tap into fast-growing emerging markets.
Here are 10 major players in the global electrical and electronic adhesives market:
Recent Developments:
Q1. What are the main growth driving factors for this market?
The market is propelled by the rapid miniaturization of electronics, which increases the demand for precise, high-performance bonding solutions. The explosive growth in electric vehicle (EV) production, requiring extensive battery assembly and component bonding, is a primary driver. Furthermore, the expansion of 5G infrastructure, consumer electronics, and the Internet of Things (IoT) creates sustained demand for adhesives that offer both electrical conductivity and environmental protection.
Q2. What are the main restraining factors for this market?
The restraining factors include the volatility of raw material prices, which impacts production costs and profit margins. Stringent environmental regulations concerning solvent-based and certain synthetic formulations limit product development and increase compliance costs. Additionally, the high cost of specialized conductive and thermally conductive adhesives can deter adoption in price-sensitive applications, acting as a barrier to market expansion in certain segments.
Q3. Which segment is expected to witness high growth?
The conductive adhesives segment is anticipated to experience the highest growth. This is directly fueled by their critical role in manufacturing electric vehicle batteries, where they are essential for cell bonding and electrical interconnection. Their expanding use in printed circuit boards (PCBs), touch screens, and flexible displays within the thriving consumer electronics industry further solidifies this segment's strong growth trajectory.
Q4. Who are the top major players for this market?
The top major players are established global chemical and material science giants. These include Henkel AG & Co. KGaA (Germany), renowned for its Loctite brand, 3M Company (US), offering a wide portfolio of advanced bonding tapes and adhesives, and Dow Inc. (US). Other key players are Sika AG (Switzerland) and Shin-Etsu Chemical Co., Ltd. (Japan), all competing through continuous innovation in high-performance formulations.
Q5. Which country is the largest player?
China is unequivocally the largest country player in this market. It dominates as both the world's primary manufacturing hub for consumer electronics and a global leader in electric vehicle production. This massive domestic consumption, combined with its strong export-oriented manufacturing base, creates unparalleled demand for electrical and electronic adhesives, solidifying its position as the most significant market.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
