1 Global Electronics UV Adhesives Market Insight Analysis
The global Electronics UV Adhesives market is valued at USD 650.19 million in 2024, with a CAGR of 6.97% from 2024 to 2033.
Electronics UV Adhesives are specialized adhesives designed to bond components in electronic devices. These adhesives cure rapidly when exposed to ultraviolet light, providing a strong and durable bond. They are widely used in consumer electronics, communication electronics, industrial electronics, automotive electronics, and military & aerospace electronics. The market is segmented by type, with acrylate-based and epoxy-based adhesives being the primary categories. Acrylate-based adhesives are favored for their quick curing time and strong bonding capabilities, while epoxy-based adhesives offer superior chemical resistance and environmental stability.
Figure Global Electronics UV Adhesives Market Size (M USD) and CAGR (2024-2033)
2 Electronics UV Adhesives Market Growth Drivers and Restraints
UV adhesives are highly competitive in the field of electronic applications due to their fast curing characteristics. With the help of ultraviolet rays, they can achieve rapid curing, which can greatly improve production efficiency, and the low-temperature curing process will not damage sensitive electronic components, meeting the needs of electronic product manufacturing for production speed and component protection. At the same time, UV curing also supports processes such as online testing and subsequent assembly, reducing product handling links, improving the overall quality and service life of products, and providing strong support for market growth.
The trend of miniaturization of electronic devices and the increasing dependence of consumers on advanced smart devices have led to a continuous increase in market demand for electronic UV adhesives. As products such as mobile devices, touch screens and displays continue to miniaturize, the requirements for components are getting higher and higher, and the demand for adhesives for internal wire connections and packaging component connections is increasing, which has promoted the development of the electronic UV adhesive market.
With the strong support of industrial policies and the background of stable economic development, the global electronic information industry has developed rapidly, and the R&D investment in electronic UV adhesives has also increased significantly. By investing in R&D activities, enterprises have continuously improved production technology, improved product performance, and expanded production scale, further expanding market space and accelerating market growth.
The manufacture of electronic UV adhesives is highly dependent on a variety of raw materials, such as acrylates and epoxy resins. The raw material market price fluctuates frequently, especially after the outbreak of the COVID-19 pandemic, the supply chain was blocked, and the logistics costs and key raw material prices rose sharply, which brought great pressure on the production cost control of enterprises and limited the growth of the market.
Although UV adhesives are widely used, they have some limitations. Its curing requires a UV light source of a specific wavelength, and as the light source equipment ages, the curing time will be extended, and even the equipment needs to be replaced, which increases the cost and complexity of use. The use of UV adhesives is limited when bonding insensitive or opaque substrates, while heat-curing adhesives are more advantageous in application scenarios with high strength and permanent environmental resistance requirements, posing a certain competitive threat to the market share of UV adhesives.
3 Technological Innovations in the Electronics UV Adhesives Market
Companies continue to increase their investment in research and development to promote the continuous optimization of the performance of electronic UV adhesive products. Taking epoxy resin-based UV adhesives as an example, new single-component and two-component products continue to emerge, which not only cure faster, have higher strength, but also are more convenient to operate. These products excel in shrinkage control, chemical and environmental tolerance, and can better meet the electronics industry’s demand for high-performance adhesives.
The market demand for electronic UV adhesives is showing a diversified trend, prompting companies to develop a variety of products. For example, in order to meet the bonding needs of different electronic components, adhesives suitable for various materials have been developed, including products that bond well with metals, plastics, glass, etc.; for special application scenarios, such as medical equipment manufacturing, UV adhesives with high optical clarity, repeated sterilization, and biocompatibility standards have been developed.
Enterprises integrate resources through mergers and acquisitions, realize complementary advantages, and expand market share. In 2021, Meridian Adhesives Group acquired two European adhesive suppliers, GENTEC and FT Polymer. These two companies have rich product lines and mature markets in industries such as electronics, medical, aerospace and automotive. After joining Meridian’s electronics division, they further enhanced their market competitiveness in these fields and expanded their business scope.
4 Global Electronics UV Adhesives Market Size by Type
Acrylate-based UV adhesives are known for their rapid curing capabilities and strong bonding properties. They are widely used in various electronic applications due to their ability to cure quickly and provide a durable bond without compromising the integrity of sensitive electronic components. In 2024, the revenue generated by acrylate-based adhesives is projected to be $472.06 million. This type of adhesive is expected to hold a significant market share of 72.60% in the global Electronics UV Adhesives market. The high market share is attributed to the increasing demand for rapid assembly processes in the electronics industry, particularly in consumer electronics and automotive electronics.
Epoxy-based UV adhesives are renowned for their superior chemical resistance and environmental stability. These adhesives are ideal for applications that require long-term durability and resistance to harsh conditions. In 2024, the revenue from epoxy-based adhesives is expected to reach $114.21 million, accounting for a market share of 17.56% of the global Electronics UV Adhesives market. The growth in this segment is driven by the increasing demand for high-performance adhesives in industrial electronics and military & aerospace electronics, where durability and reliability are critical factors.
Table Global Electronics UV Adhesives Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Acrylate Based | 472.06 | 72.60% |
Epoxy Based | 114.21 | 17.56% |
Others | 63.93 | 9.84% |
5 Global Electronics UV Adhesives Market Size by Application
Consumer electronics is a major application area. In 2024, its market revenue is estimated to be 197.01 million US dollars, accounting for approximately 30.3% of the total market revenue. This is mainly because the consumer electronics industry is vast and growing rapidly. With the continuous miniaturization of consumer electronic devices such as smartphones, tablets, and smart wearables, the demand for UV adhesives in component bonding, sealing, and coating is increasing significantly. For example, in the assembly of touchscreens, UV adhesives are used to bond the glass panel to the display module, ensuring a strong and reliable connection.
Communication electronics also plays an important role. The revenue in 2024 is projected to be 99.79 million US dollars, with a market share of about 15.4%. The development of 5G technology and the expansion of communication infrastructure have driven the demand for communication electronics products. UV adhesives are widely used in the production of communication devices like routers, base stations, and fiber – optic connectors, where they help in fixing components and providing insulation.
Industrial electronics has a market revenue of 86.83 million US dollars in 2024, accounting for about 13.4% of the total. The industrial electronics field, including aerospace, medical technology, and electronic control systems, requires high – performance adhesives. UV adhesives meet these requirements with their excellent bonding strength, chemical resistance, and fast – curing properties. For instance, in the manufacturing of medical equipment, UV adhesives are used to bond precision components without affecting the equipment’s functionality.
Automotive electronics is another significant application. In 2024, its revenue is expected to be 150.44 million US dollars, taking up around 23.1% of the market. With the increasing electrification of vehicles, the demand for automotive electronics has soared. UV adhesives are used in various automotive electronic systems, such as engine management, ignition, and in – car entertainment systems, to ensure the stability and durability of component connections.
Military & Aerospace Electronics has a market revenue of 82.43 million US dollars in 2024, accounting for about 12.7%. In this high – tech field, UV adhesives are crucial for bonding components in military and aerospace equipment. They need to withstand extreme conditions like high temperatures, high pressures, and radiation, and UV adhesives with excellent performance can meet these strict requirements.
Table Global Electronics UV Adhesives Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Consumer Electronics | 197.01 | 30.3% |
Communication Electronics | 99.79 | 15.4% |
Industrial Electronics | 86.83 | 13.4% |
Automotive Electronics | 150.44 | 23.1% |
Military & Aerospace Electronics | 82.43 | 12.7% |
Others | 33.69 | 5.1% |
6 Global Electronics UV Adhesives Market Size by Region
North America is a major market for electronics UV adhesives. In 2024, its market revenue is estimated to be 185.63 million US dollars, accounting for approximately 28.55% of the global total. The region has a well – developed electronic industry and a large number of adhesive manufacturing facilities. For example, the United States, as a key market in North America, has a strong demand for UV adhesives in consumer electronics, automotive electronics, and industrial electronics. The continuous innovation in the electronics industry, such as the development of advanced semiconductor manufacturing and the growth of the electric vehicle market, drives the consumption of UV adhesives.
Europe also holds an important position in the global market. In 2024, its market revenue is projected to be 160.23 million US dollars, with a market share of about 24.64%. Germany, the UK, Russia, and France are the main contributors in Europe. Germany, in particular, benefits from its strong automotive industry. The increasing production of high – end automobiles requires a large amount of UV adhesives for automotive electronics and precision component bonding. In addition, the electronics industry in other European countries also shows a stable demand for UV adhesives in communication electronics and industrial electronics.
Asia – Pacific is the largest market for electronics UV adhesives. In 2024, its market revenue is expected to reach 230.95 million US dollars, accounting for about 35.52% of the global total. China, Japan, Korea, and India are the major markets in this region. China, with its extensive industrial manufacturing base, high availability of raw materials, and large consumer market, is the dominant force. The rapid development of the consumer electronics and 5G communication industries in China has led to a huge demand for UV adhesives. Japan and Korea are also important markets, especially in the fields of semiconductor manufacturing and high – end consumer electronics, where they have a high demand for high – performance UV adhesives.
South America has a relatively smaller but growing market. In 2024, its market revenue is estimated to be 43.40 million US dollars, accounting for about 6.67% of the global total. Brazil is the largest market in South America. The development of the automotive and industrial electronics industries in Brazil has promoted the consumption of UV adhesives. Although the market size is currently not as large as those in other regions, with the continuous economic development and industrial upgrading in South America, the demand for electronics UV adhesives is expected to increase.
The Middle East & Africa market has a market revenue of 29.98 million US dollars in 2024, accounting for about 4.61% of the global total. Saudi Arabia, Turkey, and Egypt are the main markets in this region. The growth of the electronics industry in these countries, especially in consumer electronics and communication infrastructure construction, is driving the demand for UV adhesives. However, compared with other regions, the market in the Middle East & Africa is still in the development stage, and there is significant potential for future growth.
Figure Global Electronics UV Adhesives Market Size (M USD) by Region in 2024
7 Global Electronics UV Adhesives Market Analysis by Major Players
7.1 Henkel
Company Introduction and Business Overview:
Henkel, a German multinational company founded in 1876, is a global leader in adhesive technologies. With a strong presence in Europe, Asia, and North America, Henkel offers a wide range of industrial and specialty adhesives, sealants, and functional coatings.
Henkel’s business is divided into three main segments: Laundry & Home Care, Beauty Care, and Adhesive Technologies. The Adhesive Technologies segment is particularly significant in the electronics industry, providing high-performance adhesives for various applications.
Products:
Henkel offers Loctite 3106, a clear one-part acrylic adhesive designed for bonding applications. This product is known for its high shear strength and tensile strength, making it ideal for electronics assembly.
Market Performance in 2021:
In 2021, Henkel’s Electronics UV Adhesives segment reported a revenue of $57.31 million with a gross margin of 32.20%.
7.2 H. B. Fuller
Company Introduction and Business Overview:
H. B. Fuller, a US-based company established in 1887, is a leading manufacturer of adhesives and specialty chemical products. The company operates globally, with major production plants in Europe and North America.
H. B. Fuller’s business is organized into several segments, including Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. The Engineering Adhesives segment is particularly relevant to the electronics industry, providing solutions for transportation, electronics, medical, and aerospace applications.
Products:
H. B. Fuller offers EA6031, a UV-curable acrylic adhesive designed for bonding PC/plastic cell carriers. This product is known for its excellent plastic and PVC bonding capabilities, making it suitable for electronics assembly.
Market Performance in 2021:
In 2021, H. B. Fuller’s Electronics UV Adhesives segment reported a revenue of $39.60 million with a gross margin of 28.82%.
7.3 3M
Company Introduction and Business Overview:
3M, a US-based multinational conglomerate founded in 1902, operates in various fields, including industry, worker safety, healthcare, and consumer goods. The company is known for its innovative and high-performance products, with major production plants in the US.
3M’s business spans multiple segments, with its adhesive products being particularly significant in the electronics industry. The company offers a wide range of adhesives, sealants, and coatings designed for various applications, including electronics assembly.
Products:
3M offers the UV-Curable Adhesive LC-3200, a 100% solid acrylic adhesive compatible with typical semiconductor process chemistries. This product is designed for high throughput and eliminates solvents and waste, making it ideal for electronics applications.
Market Performance in 2021:
In 2021, 3M’s Electronics UV Adhesives segment reported a revenue of $40.14 million with a gross margin of 29.87%.