DUBLIN, Dec 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Electronic Adhesive Market 2016-2020" report to their offering.
The report forecasts the global electronic adhesive market to grow at a CAGR of 12.36% during the period 2016-2020.
The report, Global Electronic Adhesive Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is miniaturization in electronics industry. Increasing technological innovations and R&D have created the demand for reliable and compact electronic devices. The miniaturization of electronic devices, led by the aerospace industry, is driven by factors such as the requirement for smaller assemblies in specific applications and the need to reduce material costs. It became more advanced with the development of semiconductor technology that needed the use of integrated circuits. At present, the medical and consumer electronics sectors are focusing on the miniaturization process.
According to the report, one of the major drivers for this market is rapidly increasing electronic content per vehicle. The gamut of consumer needs and OEM offerings has widened to include safety, performance, stability, and comfort these parameters are being refined and improved every day. This evolution has outgrown the utility of conventional mechanical components, which lack the capabilities to solve several emerging automotive challenges, and has led to an upsurge in the growth rate of the automotive electronics market.
Further, the report states that one of the major factors hindering the growth of this market is conformance to stringent regulations and statutory norms. The development of new electronic adhesives, in compliance with environmental regulations, is a major challenge faced by electronic adhesive manufacturers.
- BASF SE
- The Dow Chemical Company
- H.B. Fuller
- Henkel AG & Co KGaA
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Market segmentation by material
Part 08: Market segmentation by product type
Part 09: Geographical segmentation
Part 10: Rank of leading countries
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/lqktqt/global_electronic
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SOURCE Research and Markets