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Electronics Adhesives Market Plying for Significant Growth During 2020
by omkartmr · December 17 Carmelo Anthony Big Tall Jersey , 2018


Vendors dealing in electronics adhesives have been offering customized solutions based on client requirements 鈥?a trend that has enabled most of them to establish a strong foothold in the market. A freshly compiled business intelligence report by Transparency Market Research (TMR) finds that in addition to this prominent trend, backward integration in order to maintain easy and quality supply of raw material will emerge as a new trend in the electronics adhesives market.


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鈥淎n increasing number of players have been focusing on expansion activities in several Asian countries such as China, India, and South Korea Allen Iverson Big Tall Jersey ,鈥?the TMR analyst observes. 鈥淭he growing demand for electronics adhesives, the availability of an established customer base and state-of-the-art manufacturing facilities, the increased production of consumer electronics, and the strong presence of local players present immense opportunities for companies in the electronics adhesives market.鈥?p>

Making the most of these opportunities are several players Alex English Big Tall Jersey , the most prominent one being 3M Company in terms of revenue. Although the company has a predominant presence in North America, it has been investing heavily in Asia with the support of local vendors. The promotion of its brands and enhancement of its production capacity are the prime reasons behind 3M鈥檚 ongoing trend.


Overwhelming Demand for Consumer Electronics in China to Override Impact of Regulatory Restrictions


In keeping with this trend, TMR has observed that developing economies such as China and India are presently characterized by the rise of a new class of consumers. 鈥淭he surging disposable income of this new class has resulted in the growing demand for automotive and consumer appliances. This, in turn Nikola Jokic Big Tall Jersey , drives the global demand for electronics adhesives,鈥?states the author of the study.


However, strict regulations against volatile organic compound (VOC) emissions from adhesive films are major concern in China. Despite being a leading producer of electronics adhesives, initiatives taken by the Chinese government to curb VOC emissions threaten to dampen the growth of the electronics adhesives in China. Be that as it may Gary Harris Big Tall Jersey , TMR predicts that the massive production bases for and consumption of semiconductors, smartphones, and tablets is sure to override the negative impact of these regulatory restrictions in the coming years.


Another factor boosting the electronics adhesives market is a surge in R&D activities. 鈥淭he dynamic nature of the industry and constant changes in consumer expectations have compelled players to step up efforts in the development of advanced electronics adhesives that are in line with what the consumers want in terms of features, technology Paul Millsap Big Tall Jersey , and performance,鈥?the TMR analyst reveals.


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Revenue of Global Electronics Adhesives Market is Multiplying Rapidly


The global electronics adhesives market volume is forecasted to rise at 12.03% CAGR from 2017 to 2020. The worldwide demand for electronics adhesives is projected to surpass 1,941.8 million tons by 2020. In terms of revenue, the global market is estimated to be worth US$6 Jamal Murray Big Tall Jersey ,397.7 million by 2020, feeding-off the escalating shipment of tablets and smartphones.


About Us


Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company鈥檚 exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR鈥檚 experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR鈥檚 data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities Dikembe Mutombo City Edition Jersey , Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


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