Polycarbonate Glazing Market 2019 Current Industry Trends, Sales, Production, Supply, Demand, Analysis & Forecast To 2023

Market Overview:

According to the analysis of MRFR, the major market forces and trends driving growth of the global polycarbonate glazing market includes growth of construction sector, increasing automotive production, and favorable government regulations. Rapid urbanization, escalating public and private investment, and rising disposable income of the people in emerging economies is anticipated to boost demand for the product over the forecast period. The benefits of these sheets percolated across commercial, industrial, and institutional sectors finding wide application scope in overhead glazing and greenhouse glazing which will further boost up the market growth. Moreover, shifting consumer preference towards green & sustainable construction is expected to fuel demand for the product in the coming years. Moreover, rising demand for lightweight automobiles coupled with adoption of strict emission reduction norms are predictable drivers of the market. However, high cost associated with the polycarbonate glazing material along with the regulations prohibiting the usage of polycarbonate in automotive windscreens is predicted to hinder market growth over the forecast period.

Polycarbonate glazing Market- Competitive Landscape The global Polycarbonate glazing is highly matured market driven by flourishing growth in aerospace & defense industry, along with the flourishing transportation sector. Palram Industries Ltd., Plazit Polygal, SABIC, MG Polyplast Industries Pvt. Ltd, Gallina are the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Growing automotive, construction industries, and agriculture sector, and continuous collaborations and agreements between manufacturers, distributers, and marketing firms are the key factors for the growth of Polycarbonate glazing in the global market. Taking into account these trends, the global polycarbonate glazing market is projected to witness considerable competition over the forecast period of 2017-2023.

Industry/ Innovation/ Related News: August 2, 2017- Plazit polygala has recently introduced new product line called TOPGAL Multi Wall Panel System, earlier this month. The product specified of 11 layer 32 mm thickness which is particularly applicable in cold climate. Topgal panels and components combine to offer more rigidity, thermal insulation, strength and solar heat control than our standard sheets and profiles.

March 9, 2017- Palram Industries Ltd. has recently announced launch selective light transmission roofing panels for greenhouse, gardening centers and retail outlets. The product is called "SolarSmart". The newly introduced panels are beneficial in the seasonal changes in weather. In temperate regions, panels facilitating maximum light transmission for plants and good thermal insulation are used to minimize the need for artificial heating.

May, 2016- SABIC launched clear and lightweight sheets at exhibition held in Hamburg for aircraft interior industry, in order to help aviation customers to reduce weight and cost, enhance safety and sustainability, and optimize flying experience. This development is set to propel demand of the product form aerospace industry which is driven by increasing civil aviation sector across the world.

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Methyl Isobutyl Ketone Market Key Developments Factors, Revenue Generation Model & Business Segment Overview to 2023

Synopsis of Methyl Isobutyl Ketone Market

Methyl Isobutyl Ketone (MIBK) is also known as mono-isobutyl ketone. It is a stable, clear, and colorless liquid with a pleasant odor. Around 60% of the MIBK is manufactured by aldol condensation of acetone and its derivative intermediates, mesityl oxide, and diacetone alcohol. Methyl Isobutyl Ketone are found naturally in orange and lemon juice, vinegar, papaya, baked potatoes, grapes, ginger, cheese, milk, plum, mushrooms, and others. MIBK is compatible with many organic materials, which makes it a superior industrial solvent. It is widely used as a chemical intermediate, extracting agent, solvent, and denaturant in numerous end use industries such as pharmaceuticals, agrochemicals, paints & coatings, and automotive among others. Other industries include packaging, rubber manufacturing, and cosmetics.

As per our analysis, some of the prominent market factors and trends identified in the global methyl isobutyl ketone market include rising demand for MIBK solvent for coatings in automobile and electronics industry, increasing demand for adhesives, paints, and coatings on account of growing construction spending. Additionally, rapid industrialization coupled with rising per capita disposable income is expected to drive the market growth during the review period. Moreover, to meet a diverse set of needs resulted due to huge demand from agrochemical industry is predicted to boost the market growth during the given period. These are widely used in the manufacturing of cosmetics and personal care products, thus, the consumption of MIBK in recent years is set to increase and is likely to fuel the market growth. Regulatory bodies, specifically in developed countries, have imposed stringent regulations on MIBK manufacturers regarding its toxicity level, which is estimated to hamper the market growth over the assessment period.
Regional Analysis

The global methyl isobutyl ketone market is segmented into five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Asia Pacific is estimated to grow at the fastest CAGR during the review period on account of increasing demand from end use industries such as automobiles, agrochemicals, and construction among others. The demand for methyl isobutyl ketone is projected to surge in developing countries such as India, China, and Malaysia due to increasing automobile production and sales. Moreover, ease in availability of raw material, relatively cheap labor cost, and implementation of new development strategies to fulfil the demand for methyl isobutyl ketone in the increasing applications are the prominent factors for the regional market growth.

Asia Pacific has emerged as the largest market for methyl isobutyl ketone followed by North America and Europe. North America is expected to witness a steady growth in MIBK market due to the increased usage in pharmaceutical and packaging industries. North American countries such as the U.S. and Canada are among the key contributors in the regional market growth and are expected to witness regional market growth in the upcoming years. Countries in Europe such as Spain, Germany, and the UK have emerged as the regional consumer markets due to developed end use industries and rising consumer spending on personal care products. Additionally, the Middle East & Africa is expected to witness a moderate growth over the forecast period. Rising construction spending in commercial as well as institutional sector, especially, in Qatar, Saudi Arabia, and the United Arab Emirates (UAE) is projected to positively influence methyl isobutyl ketone business during the assessment period.

Industry Segmentation:

The global methyl isobutyl ketone market is segmented based on application, end use industries, and regions. On the basis of application, the market is segmented into solvent, chemical intermediate, extracting agent, denaturant, and others.

On the basis of end use industries, the market is categorized into paints & coatings, pharmaceuticals, agrochemical, automotive, and others.

On the basis of regions, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Players

Some of the prominent players operating in the global methyl isobutyl ketone market are Eastman Chemical Company (U.S.), The Dow Chemical Company (U.S.), Shell Chemicals (the Netherlands), Arkema Group (France), Kumho P&B Chemicals Inc.(Korea), LCY GROUP.(Taiwan), Celanese Corporation (U.S.), Mitsui Chemicals, Inc (Japan), NINGBO OCEANKING CHEMICAL DEVELOPING CORPORATION (China), Zhejiang Xinhua Chemical Co.,Ltd. (China), and Sasol (South Africa)

Geographical Analysis:

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience

• Methyl Isobutyl Ketone manufacturers
• Traders and Distributors of methyl isobutyl ketone
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

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Methyl Isobutyl Ketone Market Key Developments Factors, Revenue Generation Model & Business Segment Overview to 2023

Industrial Lubricants Market Overview to 2022:

Automotive lubricants account for the majority demand of industrial lubricants market. Expanding automotive industry and an increase in total vehicle population has fostered market growth. Additionally, the burgeoning manufacturing industry driven by heightened demand for manufactured goods has generated high demand for industrial lubricants.

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Acceleration in mining and infrastructural activities across the globe are also likely to push the sales of industrial lubricants further. Consolidation of online sales channels has aided lubricant producers to find a viable retail platform which boosts the growth of the market. Furthermore, product development such as bio-based lubricants which offer superior environmental benefits is likely to augment the growth of the market. There is a growing emphasis on the reduction of carbon footprint on a global scale which has prompted the adoption of sustainable products and, in turn, induced greater demand for bio-based industrial lubricants.

Other possible bottlenecks include frequent changes in tax policies, and the introduction of new generation, smaller, and more efficient, durable vehicles which are less likely to consume much lubricants. Adulteration of lubricants and the high cost of bio-based and synthetic industrial lubricants might undermine the growth of the market. Furthermore, the industrial lubricants market is subject to scrutiny by various regulatory bodies pertaining to their handling, storage, and disposal. Meanwhile, much R&D activities are underway to develop better and improved lubricants and considerably reduce their environmental footprint.

Competitive landscape

ü  BP p.l.c.

ü  PetroChina Company Limited

ü  LUKOIL

ü  Fuchs Petrolub AG

ü  Royal Dutch Shell Plc

ü  Idemitsu Kosan Co. Ltd

ü  Total S.A.

ü  Chevron Corporation

ü  ExxonMobil Corporation

ü  Sinopec Limited

Industry Updates

February 2019- researchers at the University of Delaware have created a strategy to make renewable lubricant base oils from non-food biomass such as wood, switch grass and other sustainable, organic waste. This would help to considerably reduce the environmental footprint of industrial lubricants.

Industry Segmentation:

The global industrial lubricants market has been segmented based on type and end user.

By type, the global industrial lubricants market has been segmented into hydraulic lubricants, gear lubricants, compressor lubricants, metalworking fluids, and others. The hydraulic lubricants segment is dominating the market. Continuous demand from the mining and construction industry due to the cost advantage it provides over other lubricants is driving the growth of the segment. However, due to rising metal consumption in the automotive industry, the metalworking fluids segment is expected to showcase the highest CAGR over the forecast period.

By end user, the global industrial lubricants market has been segmented into automotive, manufacturing, power generation, heavy industries, and others. The automotive segment is leading the market while the power generation segment is expected to showcase the highest CAGR over the forecast period. The growth of the power generation segment can be credited to towering energy demands across the globe.

Regional Analysis

By region, the global industrial lubricants market has been segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

APAC is the largest market for industrial lubricants and is likely to showcase maximum growth over the forecast period. Rapid level of industrialization in the region is the foremost driver of the industrial lubricants market in APAC. In addition, the prolific growth of the automotive industry and the shift of the global manufacturing base in APAC has created a huge market for industrial lubricants. Besides, the rising sale of cars due to growing disposable income is likely to spur demand for automotive lubricants in the region. China, Japan, India, Australia, and Indonesia are the key country-specific markets within the APAC market.

North America is a significant market for industrial lubricants driven by the shale gas exploration activities in the region. Industrial activities are also expanding at a moderate pace which is generating continuous demand for industrial lubricants.

The expanding automotive industry spurs Europe industrial lubricants market .Germany, the UK, and France are the key contributors to the Europe market.

In RoW, the Middle East is generating substantial demand for industrial lubricants on account of oil exploration and refining activities in the region.

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Decorative Laminates Market Analysis, Global Size, Share, Emerging Trends, Demand by Region with the Forecast to 2022

Market Overview:

Market research future published a raw research report on Global Decorative Laminates that contains the information from 2014 to 2022. Global Decorative laminates is expected to grow with the CAGR of approximately from 2016 to 2022, and with this it is predictable to cross USD Billion by 2022.

Laminates are available either for decorative purpose or for industrial use. Standard laminates are used in normal applications. Whereas, post formable laminates are used in kitchens and offices where a neater look is required, and in places like hospitals and restaurants anti-bacterial laminates are used, where hygiene is extremely important. Moreover, the increased durability, cost efficiency and fewer requirements of skilled labors for installation are some of the factors which are driving the market for decorative laminates. Growth in rebounding construction activity, increased interest in home improvements, and pent-up demand for non-residential upgrades will provide opportunities for decorative laminates market.

The report has analyzed the market based on the three segments: material, product, and application in the regions of North America, Europe, APAC and rest of the world. On the basis of product it includes high pressure laminates, low pressure laminates, edge banding. High-pressure laminates are high-priced and more durable and expected to increase the growth of the decorative laminates market. On the basis of material it is segmented as plastic, paper and vinyl. Additionally on the basis of application it is segmented as residential construction and non-residential construction.

Furniture is referred as largest and fastest growing market due to changing preferences towards furniture and aesthetic values. The scope of the market has widened over many years owing to the flourishing markets of Asia pacific.

Asia pacific will be the largest market Asia pacific is dominating the market for decorative laminates. Increase in purchasing power coupled with growth in residential and non-residential construction are some of the factors which will boost the market demand. Emerging economies such as China and India acts as the most promising market as well as manufacturing capacity for laminated boards continues to expand and acts as a major factor for the growth of the market. Rapid industrialization and increasing trend for customized and attractive interior in homes and offices is anticipated to fuel the decorative laminates market.

Ask for your specific company profile and country level customization on reports. FunderMax (Austria), Kingboard Laminates Holdings Limited(Hong Kong), ronotex GmbH & Co.(U.S.), Kronospan Holdings Limited(Austria), Advanced Technology Inc.(U.S.), Armstrong World Industries Inc.(U.S.), Roseburg Forest Products Company(U.S.), Woodcraft Industries Incorporated(U.S.)

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global decorative laminates, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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High-Performance Fiber Market Overview, Industry Size, Global Trend, Opportunities by 2023

Market Overview:

The major regions in the global high-performance fiber market are Asia-Pacific, North America, Europe, The Middle East & Africa, and Latin America. Asia-Pacific held the largest market share of 45% in 2017. The countries namely, China, India, Japan, and South Korea are major contributors to the growth of this regional market. China is the largest consumer of the product in this region, wherein the major consumers of the product are electronics, energy, and telecommunication, among others. Additionally, the developing countries in this region are rapidly taking up the infrastructure development activities mainly development of physical infrastructure, commercial buildings, and housing development, which is likely to favor the market growth in this region.

The automobile industry is constantly growing in this region with the leading automakers shifting their facilities and operations in this region. Additionally, the aerospace & defense industry in this region is growing at healthy CAGR owing to the huge investment by India and China in space exploration and domestic air travel. Indian Space Research Organization (ISRO) has emerged as one of the leading commercial space agencies in the world. Furthermore, the installation of wind turbine is gaining momentum in this region due to favorable government policies such as “national offshore wind energy policy” (NOWEP) and formation of “national institute for wind energy” (NIWE) by the Indian government. This includes allocation of blocks, facilitating international investment and coordination among stakeholders to take forward this source of renewable energy. This, in turn is anticipated to drive demand of high-performance fiber which is majorly used in making footwear.

Top 10 Key Players:

Ø  TEIJIN LIMITED

Ø  Mitsubishi Chemical Corporation

Ø  Corning Incorporated

Ø  Solvay

Ø  Kureha Corporation

Ø  PBI Performance Products, Inc.

Ø  Honeywell International Inc.

Ø  AGY

Ø  ZOLTEK Corporation

Ø  Yantai Tayho Advanced Materials Co.,Ltd.

Ø  PHP Fibers GmbH

Ø  Bally Ribbon Mills

Ø  The InterTech Group, Inc.

Ø  Binani Industries Ltd.

Ø  Sarla Performance Fibers Limited

Market Segmentation:

The global High-Performance Fiber Market has been segmented on the basis of type, application, and region.

Based on type, the global high-performance fiber market has been segregated into carbon fiber, aramid fiber, ceramic fiber, glass fiber, polybenzimidazole (PBI), polyphenylene sulfide (PPS), PE fiber, and others.

On the basis of application, the market is categorized into automotive, aerospace & defense, building & construction, electronics & telecommunication, energy, textiles, sports & leisure, and others.

Intended Audience

• High-Performance Fiber Manufacturers
• Traders and distributors of High-Performance Fiber
• Research and Development Institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratories

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Vinyl Acetate Homopolymer Emulsion Market: Global Industry Size, Share, Development, Growth and Demand Forecast, 2019-2023

Market Overview:

Vinyl Acetate Homopolymers, also known as PVA Homopolymer or PVA, are synthetic polymer and a member of vinyl ester family. Vinyl Acetate Homopolymer provides a superior base for heat resistant and faster setting adhesives along with the excellent water resistance capacity as compared to other polymers. PVA emulsion is one of the excellent crosslinkingemulsions and is used in designing wood for interior and exterior. It possess the superior properties such as good adhesion and high durability, which makes it suitable for various end-use industries such as wood, paints & coatings, paperboard & packaging, and others.

Increasing effort for the use of low VOC coating is expected to drive the growth of the Global Vinyl Acetate Homopolymer Emulsion Market over the forecast period. Moreover, social and regulatory intervention promoting the usage of eco-friendly emulsion adding fuel to the demand for Vinyl Acetate Homopolymer Emulsion. Increasing investment in the construction industry as well as the expansion of paints & coatings sector in developing regions are driving the growth of the market. Additionally, rising consumer awareness regarding harmful impact of solvent based emulsions is driving the growth of the Global Vinyl Acetate Homopolymers Market. However, the higher price of Vinyl Acetate Homopolymer Emulsion as compared to the conventional is expected to hamper the growth of the market over the forecast period.

The growing use of Vinyl Acetate Homopolymer Emulsion in wood, paper, matchbox, pencil, and packaging materials is projected to fuel market growth. Recently, the increasing consumption of polymer based emulsions has propelled the usage of Vinyl Acetate Homopolymer Emulsion in paints & coatings industry.

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Regional Analysis:

The Global Vinyl Acetate Homopolymer Emulsion Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the rising demand from end use industries such as wood, textile, paperboard & packaging, and paints & coatings. The demand for Vinyl Acetate Homopolymer Emulsion is projected to surge in developing countries such as India, China, and Japan due to growing construction activities and development of paper & packaging industry. Whereas in Europe and North America, manufacturers are adopting production of low VOC based products to compel with the regulatory norms implemented by various regulatory bodies such as U.S. Environmental Protection Agency (EPA) and European Chemical Agency (ECHA).

The Middle East & Africa is expected to witness a substantial growth during the review period. Rising development activities combined with the increasing demand for VOC free paint is expected to drive the growth of the market in this region.

Asia Pacific emerged as the biggest local market for Vinyl Acetate Homopolymer Emulsion followed by Europe and North America. European countries such as Germany, Spain, France, UK, Denmark, and Italy have developed the prominent consumer markets and are expected to witness average growth over forecasted period.

North America is expected to witness stable growth in the usage of Vinyl Acetate Homopolymer Emulsions over the forecast period. The U.S. is expected to dominate Vinyl Acetate Homopolymer Emulsion Market in the region followed by Canada, Mexico, and Guatemala.

Latin American countries, such as Brazil, Colombia, Argentina, and Chile are also projected to witness steady growth due to the swift in the expansion of paints & coatings and textile industries.

Segmentation:

The Global Vinyl Acetate Homopolymer Emulsion Market is segmented on the basis of applications, end use industries, and regions.

Based on the application, the market is segmented into coatings, wood glues, adhesives, and others.

On the basis of end use industries, the market is categorized into wood, textile, paperboard & packaging, building & construction, paints & coatings, and others.

On the basis of regions, this market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Players:

Some of the prominent players operating in the Global Vinyl Acetate Homopolymer Emulsions Market are Celanese Corporation (U.S), Pexi Chem Private Limited. (India), Tailored Chemical (U.S), The Dow Chemical Company (U.S), Xyntra Chemicals B.V. (the Netherlands), Acquos (Australia), Wacker Chemie AG (Germany).

Geographical Analysis:

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience:

• Vinyl Acetate Homopolymer Emulsion Manufacturers
• Traders and Distributors of Vinyl Acetate Homopolymer Emulsion
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

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Ethyl Acetate Market Overview by Brands, Regions, Applications, Types, Forecast to 2023

Market Overview:

The global ethyl acetate market is expected to post a stable CAGR through the forecast period from 2018 to 2023, according to a new research report from Market Research Future (MRFR). The global ethyl acetate market is profiled in detail in the report, which takes a look at the historical growth trajectory exhibited by the market and the market’s present statistics in order to deliver projections about the market’s likely future growth trajectory over the forecast period.

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Ethyl acetate is an organic compound produced commonly through the ethanol dehydrogenation process as well as through the Fischer esterification reaction between ethanol and acetic acid. It is used in a wide range of applications in the food and beverage, cosmetics, paints and coatings, adhesives and sealants, pharmaceutical, and textile industries. The slightly sweet taste of ethyl acetate is likely to be crucial to the growth prospects of the global ethyl acetate market over the forecast period, as it is used in a number of food and beverage applications as a flavoring agent. It is also used in the production of artificial food flavors, including fruit flavors such as pineapple and strawberry. This is likely to be a major growth driver for the global ethyl acetate market over the forecast period, as the demand for artificial food flavoring is likely to grow at a rapid growth rate over the forecast period.

The growing demand for ethyl acetate from the pharmaceutical and cosmetics industries is also likely to be a major driver for the global ethyl acetate market over the forecast period. One of the leading applications of ethyl acetate in the cosmetics industry is in nail polish removers and other nail care products. It is also used in lip care and hair care products in small amounts as a flavorant. The growing scope of the cosmetics and personal care products industry is likely to be a major driver for the global ethyl acetate market over the forecast period. The growing disposable income of consumers in emerging regions of the world, such as the Middle East, Asia Pacific, and Latin America is thus likely to be a major driver for the ethyl acetate market over the forecast period.

Industry Updates:

In October 2018, Celanese Corporation announced a price increase in the Americas.

Market Segmentation:

By application, the global ethyl acetate market is segmented into food and beverage, pharmaceutical, cosmetics, textiles, paints and coatings, adhesives and sealants, and others.

The food and beverage segment is likely to dominate the global ethyl acetate market over the forecast period due to the growing demand for artificial flavoring in food products. The increasing demand for fruit-flavored sports drinks and energy drinks is also likely to drive the demand for artificial flavoring, thus leading to a steady rise in the global ethyl acetate market. The pharmaceutical and cosmetics applications of ethyl acetate are also expected to grow over the forecast period.

Top 10 Leading Player:

ü  Ineos

ü  Jubilant Life Sciences Ltd.

ü  EniChem

ü  PT. Indo Acidatama tbk

ü  The Nippon Synthetic Chemical Industry Co. Ltd.

ü  Dairen Chemical Corporation

ü  Chiba Ethyl Acetate Co. Ltd.

ü  SEKAB

ü  Celanese Corporation

ü  Carbohim Wood

ü  Chemical Company.

Regional Analysis:

The global ethyl acetate market is dominated by Asia Pacific due to the growing presence of the food and beverage industry in the region and the growing demand from the cosmetics sector. The growing demand for packaged food and beverages in Asia Pacific is likely to be a major driver for the ethyl acetate market in the region over the forecast period. Food flavoring is likely to emerge as a crucial market in the Asia Pacific region over the forecast period due to the growing disposable income of the consumers in the region and the consequent rise in the demand for flavored food. The growing disposable income of consumers in Asia Pacific is also likely to be reflected in the growing share of the cosmetics industry in the growth of the ethyl acetate market in the region over the forecast period.

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Electronic Adhesives Market by Manufacturers, Regions, Type, Application and Forecast till 2023

Market Insights:

The global electronic adhesives market is expected to have a favorable growth at a striking CAGR over the estimated years (2017-2023). As opposed to any other industry where adhesives are used to adhere two substrates together, in the electronics industry their needs are unique. Right from adhesives which protect the delicate wiring in the motherboard against vibration to the electrically conductive glue which allows the electric circuits to complete, often electronics adhesives are used for offering much more than merely a strong bond. Cold glue and hot melt adhesives are used in numerous electronics applications such as encapsulating components, binding surface-mounts components, wire tacking and more. The various raw materials utilized in producing electronic adhesives include cyanoacrylates, polyurethanes, polysulfides, epoxies and silicones.

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There are abundant factors that is propelling the growth of the electronic adhesives market. These factors as per the MRFR (Market Research Future) report include technological advancements, safety regulation implementation for electronic applications, solid-state semiconductor technology implementation in consumer and industrial applications, and investment on research and development activities made by companies for the utilization of microelectronic devices especially in niche applications. The additional factors include increase in need for lighter and compact components, growth in penetration of IoT (internet of things), use of electronic components in different applications namely aircraft, imaging devices, medical devices, consumer electronics and automotive, increase in the use of connected devices, consumers changing lifestyle, increase in disposable income and increase in use of automated appliances. On the contrary, high installation costs of product assembly, packaging and lamination of advanced machinery is likely to hinder electronic adhesives market growth.

March 2019- Henkel is all set to organize an exclusive webinar, “Electronic Adhesives for Tomorrow’s Vehicles” on September 10, 2019. This webinar will focus on the huge electronics adhesives portfolio that Henkel offers. It will enable reliability and efficiency in multiple system crucial automotive applications such as electronic modules utilized for power storage systems, power conversion, wire harness, sensors, lidar modules, radar, powertrain controls camera and more.

Market Segmentation:

MRFR report offers a broad segmental analysis of the Electronic Adhesives Market on the basis of form, type and application.

Based on form, it is segmented into paste electronic adhesive, solid electronic adhesive and liquid electronic adhesive. Of these, liquid electronic adhesive will have the maximum share in the market over the estimated years.

Based on type, the electronic adhesives market is segmented into UV curing, thermally conducive, electrically conducive and others. Of these, the electrically conducive segment will lead the market over the estimated years.

Based on application, it is segmented into integrated circuit, semiconductor, printed circuit boards and others.

Global Key Players:

·         Kyocera Chemical Corporation

·         The Dow Chemicals Company

·         Hitachi Chemicals Company Limited

·         Mitsui Chemicals

·         LG Chemical Limited

·         Indium Corporation

·         Henkel AG & Co. KGaA

·         H.B. Fuller Company

·         BASF SE

·         Alent PLC

·         3M Company

Regional Analysis:

By region, the electronic adhesives market covers growth opportunities and latest trends across Latin America, Europe, North America, Asia Pacific and Middle East & Africa. Of these, APAC will have a major share in the market owing to the growing automotive and electrical industry here coupled with favorable government policies namely incentives and tax benefit. China, India and Japan are the key contributors here. The electronic adhesives market in North America will have a healthy growth owing to increasing use of electronic adhesives and the presence of developed end-user industries. The US and Canada are the key contributors here. The electronic adhesives market in Europe will have a steady growth due to growing utilization of electronic adhesives especially in the automotive industry.

Competitive Analysis:

The electronic adhesives market is competitive and fragmented due to limited accessibility of suppliers and growing number of buyers. The key players are using various strategies such as new product development and new product launch, partnerships., merger and acquisition and expansion to attain growth in the market. In fact, they are mainly laying emphasis on offering low-cost and high-quality adhesives for numerous applications namely PCB and semiconductors.

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