The Asia-Pacific is considered the fastest growing market due to the growing electronics industry in countries like India and China.
The global electronic adhesives market is projected to expand at a compound annual growth rate of 13.25% over the forecast period of 2017-2023, according to a report from Research and Markets. The increasing use of electronic adhesives across various industry verticals including telecommunications, consumer electronics, automotive and more are reportedly driving the market growth.
Increasing use of consumer electronics, one of the major contributors in promoting the growth of the electronics industry, is reportedly further fueling the growth of the global electronic adhesives market. Region-wise, North America is expected to hold the major market share, while the Asia-Pacific is considered the fastest growing market due to the growing electronics industry in countries like India and China.