Description
Global Adhesives & Sealants Market for Handheld Devices – by Adhesives (Hot Melt, Pressure Sensitive, Waterborne, Solvent Based, and Others), by Sealants (Silicone, Polyurethane, Acrylic Latex, Epoxy, Butyl and Others), by Application (Mobile Phones & Tablets, Laptops, Hard Disc Drives, Medical Devices and Others), and by Region – Forecast till 2023
Synopsis of Adhesives & Sealants Market for Handheld Devices
Adhesives & sealants are materials used for holding two surfaces together. Adhesives wet the surface and develop strength after it has been applied. Adhesives are generally a mixture that occurs in a liquid or semi liquid-state. A sealant can be defined as a viscous material used for filling the gaps that are difficult to close using adhesives or other materials. Adhesives and sealants have wide application across an array of industries one of being the electronic industry. Both adhesives and sealants are core to the manufacturing and assembling of portable electronic devices viz., mobile phones & tablets, laptops, and storage devices among other devices. Adhesives are widely used as a bonding agent while manufacturing and assembling of electronic components such as touch screens, camera lenses, drives, connectors and PCB among others into the latter mentioned handheld devices, whereas, sealants restrict the entry of foreign particles by filling the small gaps where the use of adhesive is limited. Different types of adhesives are used for different purposes during the manufacturing of an electronic device. For instance, commonly hot melt adhesives are preferred owing to its extensive properties such as improved dispensability and reworkability among others. Likewise, commonly used sealants include silicone and urethanes.
Protuberant market impetus factors and trends fostering growth of global adhesives & sealants market for handheld devices market include increasing penetration of smartphones and tablets, rising popularity of gaming laptops & detachable laptops and the growth of consumer electronics market among other factors. Besides, patterns, for example, rising electronic gadget get together center point in Southeast Asian countries and critical FDI in the ASEAN district from created countries among different patterns is relied upon to offer lucrative open doors for the market. As indicated by MRFR investigation, in total the worldwide adhesives and sealants for handheld devices was valued at USD 4,882.6 million in 2016 and is expected to reach USD 7,946.8 million by the end of 2023, growing at a healthy CAGR of 7.21%.
FIGURE 1 GLOBAL ADHESIVES & SEALANTS MARKET FOR HANDHELD DEVICES, BY ADHESIVES, 2016 (%)
Source: MRFR Report
Regional Analysis
Global adhesives & sealants market for handheld devices is divided into five main geographies — north America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the aforementioned regions, Asia Pacific is the biggest market for adhesives and sealants for handheld devices and records for over half of the volume share in the worldwide market, with a solid impression of worldwide adhesive and sealant makers alongside the rising hardware showcase in the locale are a portion of the market impulse factors cultivating development of adhesive and sealants market in the region. Asia Pacific market for adhesives is expected to reach USD 3,630.7 million by the end of 2023 expanding at a CAGR of 9.0%. Southeast Asian countries offer major growth prospects for adhesives and sealants for handheld devices with an emerging electronic device assembly hub along with the huge production base for various electronic devices such as mobile phones, laptops, and storage devices.
In light of income, Europe represents the second-biggest piece of the pie for adhesives and sealants for handheld devices, basically attributable to the nearness of driving makers in the district with prevalent item offering in the locale, which is trailed by North America.
Segmentation
The global adhesives & sealants market for handheld devices is segmented on the basis of adhesive types, sealant types, application and region. On the basis of adhesive type, global adhesives & sealants market for handheld devices is segmented into hot melt adhesives, pressure sensitive adhesives, waterborne adhesives, and solvent borne adhesives among others. Based on sealant types the market is segmented into— silicone sealants, polyurethane sealants, acrylic latex sealants, epoxy sealants, and butyl sealants among others. Based on application, the global adhesives & sealants market for handheld devices is segmented into— mobiles & tablets, laptops, hard disc drives, and medical devices among others.
Key Players
Key players of the global adhesives & sealants market for handheld devices are Henkel AG & Co. KGaA, 3M, Evonik Industries AG, Dow Corning Corporation, H.B. Fuller, Novachem Corporation and Tangent Industries among others.
Geographic Analysis
The report covers brief analysis of geographical region such as:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o Spain
o U.K.
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Latin America
• Middle East & Africa
Key Findings
Global Adhesives & Sealants Market for Handheld Devices is projected to reach USD 7,946.8 million by the end of 2023, expanding at a CAGR of 7.21%. Asia Pacific to account for largest share due to growing application industries in this region. Adhesives & sealants market for handheld devices is a semi-fragmented market, however, tier1 manufacturers dominate the market. Asia Pacific is the largest producer and consumer of adhesives and sealants for handheld devices, which accounted for more than half of the overall adhesives & sealants market for handheld devices. New product development and expansion of major players to the emerging markets are some of the noted trends in the global market.
Intended Audience
• Adhesive & Sealants manufacturers
• Traders and distributors of Adhesive & Sealants
• Adhesive & Sealants Associations
• Potential investors
• Raw material suppliers
DC –Description
• Adhesive & Sealants
• Handheld Devices
• Hot Melt Adhesives
• Silicone Sealant
The report about Global Adhesives & Sealants Market for Handheld Devices by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
1 Report Prologue
2 Report Prologue
3 Scope of The Report
3.1 Market Definition
3.2 Scope of The Study
3.2.1 Research Objectives
3.2.2 Assumptions
3.2.3 Limitations
3.3 Markets Structure
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Penetration of Smartphones and Tablets to Surge Adhesive & Sealants Demand
5.2.2 Rising Popularity of Gaming Laptops & Detachable Laptops
5.2.3 Augmenting Demand for Adhesive & Sealants in PCB Applications
5.2.4 Growth in consumer electronics to augment adhesives and sealants demand
5.3 Restraints
5.3.1 Dramatic Surge in Adhesive & Sealant Raw Material Prices to Impede Market Growth
5.3.2 Rapidly Changing Technologies in the Consumer Electronics Market
5.4 Trends & Opportunities
5.4.1 Emerging Electronic Device Assembly Hub in Southeast Asian Nations
5.4.2 Significant FDI in the ASEAN Region From Developed Nations
5.4.3 Product Innovation For Next Generation Electronic Devices
5.5 Macroeconomic Indicators
5.5.1 Rise in disposable income coupled with increased spending on consumer electronics
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 Adhesives & Sealants Manufacturers
6.1.3 Distribution Channel
6.1.4 End-User Industry
6.2 Porter’s 5 Analysis
6.2.1 Threat of New Entrants
6.2.2 Threat of Rivalry
6.2.3 Threat of Substitute
6.2.4 Bargaining power of supplier
6.2.5 Bargaining Power of Buyers
7 Global Adhesives for Handheld Devices Market, By Adhesives Type
7.1 Introduction
7.2 Hot Melt Adhesive
7.3 Pressure Sensitive Adhesives
7.4 Waterborne Adhesives
7.5 Solvent Based Adhesives
7.6 Others
8 Global Adhesives for Handheld Devices Market, By Adhesives Application
8.1 Introduction
8.1.1 Laptops
8.1.2 Mobile Phones & Tablets
8.1.3 Hard Disc Drives
8.1.4 Medical Devices
8.1.5 Others
9 Global Adhesives for Handheld Devices Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia-Pacific
9.4.5 Latin America
9.4.6 Middle East & Africa
10 Global Sealants for Handheld Devices Market, By Sealants Type
10.1 Introduction
10.2 Silicone Sealants
10.3 Polyurethane Sealants
10.4 Acrylic Latex Sealants
10.5 Epoxy Sealants
10.6 Butyl Sealants
10.7 Others
11 Global Sealants for Handheld Devices Market, By Sealants Application
11.1 Introduction
11.1.1 Mobile phone
11.1.2 Laptop
11.1.3 Hard Disc Drives
11.1.4 Medical Devices
11.1.5 Others
12 Global Sealants for Handheld Devices Market, By Region
12.1 Introduction
12.2 North America
12.2.1 U.S
12.2.2 Canada
12.3 Europe
12.3.1 Germany
12.3.2 France
12.3.3 UK
12.3.4 Italy
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 Rest of Asia-Pacific
12.5 Latin America
12.6 Middle East & Africa
13 Competitive Landscape
13.1 Introduction
13.2 Market Share Analysis
13.3 Pricing Analysis
13.4 Key Developments & Strategies
14 Company Profiles
14.1 Henkel AG & Co. KGaA
14.1.1 Company Overview
14.1.2 Product/Business Segment Overview
14.1.3 Financial Updates
14.1.4 Key Developments
14.2 3M
14.2.1 Company Overview
14.2.2 Product/Business Segment Overview
14.2.3 Financial Updates
14.2.4 Key Developments
14.3 Evonik Industries AG
14.3.1 Company Overview
14.3.2 Product/Business Segment Overview
14.3.3 Financial Updates
14.3.4 Key Developments
14.4 Dow Corning Corporation
14.4.1 Company Overview
14.4.2 Product/Business Segment Overview
14.4.3 Financial Updates
14.4.4 Key Developments
14.5 H.B Fuller
14.5.1 Company Profile
14.5.2 Financial Overview
14.5.3 Key Developments
14.6 Novachem Corporations
14.6.1 Company Profile
14.6.2 Product/Business Segment Overview
14.6.3 Financial Overview
14.6.4 Key developments
14.7 Tangent Industries
14.7.1 Company profile
14.7.2 Product/Business Segment Overview
14.7.3 Financial Overview
14.7.4 Key developments
15 Conclusion
