Europe Electronics Adhesives Market Size (2024 - 2029)

Europe Electronics Adhesives Market Size Summary

The Europe electronics adhesives market is poised for significant growth, driven by technological advancements in the manufacturing of electronic adhesives. Despite challenges posed by regulations on VOC emissions, the market is expected to benefit from the increasing adoption of electric vehicles, which presents substantial growth opportunities. Germany leads the market, largely due to its robust automobile production sector and the rising demand for electric vehicles, spurred by environmental concerns. The country's electronics industry has seen considerable growth, supported by increased investments, which is anticipated to further propel the market for electronic adhesives.

In terms of application, surface mounting is expected to dominate the market, as it is a critical process in the electronics industry involving the use of adhesives to secure surface-mount devices. These adhesives, primarily one-component systems made from materials like acrylics, epoxies, or urethane acrylates, are essential for ensuring the secure placement of devices during electronic equipment manufacturing. The market is moderately consolidated, with key players such as Henkel AG & Co. KGaA, 3M, BASF SE, Dow, and H.B. Fuller Company holding significant shares. The stable growth in Europe, particularly in Germany, is driving the demand for these adhesives, ensuring the region's continued dominance in the market.