Electronic SMT Adhesive Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 9.2% from 2026 to 2033.
The global Electronic Surface Mount Technology (SMT) Adhesive Market was valued at approximately USD 890 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. This growth is driven by the expanding electronics manufacturing sector, increased demand for miniaturized consumer electronics, and the widespread adoption of SMT processes across the automotive, telecommunications, and industrial sectors. Asia Pacific dominated the global market in 2022, accounting for over 45% of the total market share, with China, South Korea, and Taiwan leading the regional demand due to their robust electronics production capabilities. North America followed, capturing around 25% of the market, supported by a strong presence of advanced manufacturing and innovation in electronic assembly techniques. Europe contributed approximately 20% to the market share, led by Germany and other Western European countries, which continue to adopt automation and precision electronics assembly.
Emerging economies in Southeast Asia and Latin America present significant growth opportunities for the Electronic SMT Adhesive Market due to increasing investments in electronics manufacturing infrastructure and favorable government policies. Additionally, the growing demand for electric vehicles and 5G enabled devices is expected to open new avenues for market expansion, particularly in regions where high performance circuit boards and heat resistant adhesive applications are crucial. Advancements in epoxy and polyurethane adhesive technologies, coupled with environmentally friendly and fast curing solutions, are encouraging adoption across small and mid sized manufacturers. The Middle East and Africa, although currently holding a smaller market share, are projected to exhibit steady growth owing to the gradual development of electronics production capabilities in key countries. The integration of Industry 4.0 and IoT enabled manufacturing lines is also anticipated to drive long term demand for reliable and efficient SMT adhesives worldwide.
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3M
Henkel
ITW
DELO Industrial Adhesives
Dow
Huntsman
LORD Corp
H.B. Fuller
Hexion
Mitsubishi Chemical
Shinetsu
Lintec Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electronic SMT Adhesive Market
Epoxy-based Adhesives
Polyurethane-based Adhesives
Silicone-based Adhesives
Acylic-based Adhesives
Consumer Electronics
Automotive Electronics
Telecommunications
Industrial Electronics
Medical Devices
Pre-mixed Adhesives
Two-part Adhesives
Adhesive Films
Adhesive Dispensers
UV-cured Adhesives
Heat-cured Adhesives
Room Temperature Cured Adhesives
Moisture-cured Adhesives
Consumer Goods
Aerospace
Healthcare
Information Technology
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electronic SMT Adhesive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electronic SMT Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electronic SMT Adhesive Market, By Type
6. Global Electronic SMT Adhesive Market, By Application
7. Global Electronic SMT Adhesive Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electronic SMT Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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