Electrical and Electronic Adhesive Market Anticipated to Reach USD 14.48 Billion by 2034, Growing at a CAGR of 8.0%

Global Electrical and Electronic Adhesive Market size and share is currently valued at USD 6.73 billion in 2024 and is anticipated to generate an estimated revenue of USD 14.48 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.0% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034

Market Definition

The Electrical and Electronic Adhesive Market focuses on specialized adhesives used in assembling, protecting, and insulating components in electronic and electrical devices. These adhesives, including epoxy, silicone, acrylic, polyurethane, and cyanoacrylate formulations, are critical for bonding PCBs, semiconductors, displays, sensors, and microelectronic components. They offer properties like thermal conductivity, electrical insulation, flame resistance, and durability under extreme temperatures. With the expansion of consumer electronics, EVs, 5G infrastructure, and wearable technology, demand for high-performance adhesives is rising. Miniaturization trends and the shift to flexible and printed electronics are also driving innovation in conductive and UV-curable adhesives. Manufacturers are focusing on environmentally friendly, low-VOC products to meet global regulatory standards like RoHS and REACH. Asia-Pacific, led by China, Japan, and South Korea, dominates production and consumption due to their strong electronics manufacturing base. North America and Europe follow, driven by automotive electronics and medical device sectors. Customization and performance consistency are key competitive factors.

Key Report Highlights

The report highlights the key region that accounts for the highest revenue share in the global Electrical and Electronic Adhesive market.
It identifies the leading country within this region that makes a significant contribution to the market’s overall performance.
The report outlines the dominant segment that holds a major share of the market.
It also emphasizes the fastest-growing segment projected to gain strong traction during the forecast period.
Qualitative and quantitative market analysis have been used to provide an in-depth understanding of the market.

Market Overview: Key Figures at a Glance

Market Size Value in 2024 USD 6.73 billion
Market Size Value in 2025 USD 7.25 billion
Revenue Forecast in 2034 USD 14.48 billion
CAGR 8.0% from 2025 to 2034

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Market Growth Drivers

The Electrical and Electronic Adhesive Market is witnessing strong growth due to the miniaturization of electronic devices, rising demand for wearable technology, and increasing complexity in printed circuit boards (PCBs). Adhesives are replacing mechanical fasteners in smartphones, tablets, smartwatches, and flexible displays, providing improved thermal management, shock resistance, and space-saving solutions. The electric vehicle (EV) boom and the rollout of 5G infrastructure are further fueling the need for high-performance adhesives with superior conductivity, dielectric properties, and environmental durability. Additionally, advancements in materials science have led to the development of low-VOC, UV-curable, and thermally conductive adhesive formulations that align with both environmental regulations and demanding technical specifications. Growing automation in electronics manufacturing and the integration of sensors in IoT devices are expanding application areas. Asia-Pacific dominates the market due to its large electronics manufacturing base, while North America and Europe focus on high-value specialty adhesives and innovation-driven segments.

Market Key Players

The competitive landscape features a mix of long-standing companies and emerging contenders. Electrical and Electronic Adhesive Market Leading players are actively pursuing R&D initiatives and strategic moves to strengthen their market position. Notable participants include