South America Electronics Adhesives Market Trends

Statistics for the 2023 & 2024 South America Electronics Adhesives market trends, created by Mordor Intelligence™ Industry Reports. South America Electronics Adhesives trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Trends of South America Electronics Adhesives Industry

This section covers the major market trends shaping the South America Electronics Adhesives Market according to our research experts:

Surface Mounting Application to Dominate the Market

  • Surface mounting, also known as chip bonding, accounts for the highest share of the South America electronic adhesives industry.
  • The major types of adhesives used in this application include mostly one-component systems, made from acrylics, epoxies, or urethane acrylates, and can be either electrically or thermally conductive.
  • These adhesives used have superior physical and chemical quality which helps them to have a long shelf life, a high wet strength, rapid curing, strength, and flexibility.
  • This surface mounting adhesives are used to hold SMT components on a substrate that requires double-sided processing before it goes into a solder reflow or wave solder process. Additionally, they are used to add extra holding power for larger components exposed to high shock environments.
  • Hence, owing to the above-mentioned reasons, the surface mounting application is likely to dominate the market studied during the forecast period.
South America Electronics Adhesives Market - Revenue Share

Brazil to Dominate the Market

  • Brazil currently accounts for the highest market share of the South America electronics adhesives market. Brazil has some of the largest electronics manufacturing plants in Latin America. 
  • Additionally, the region is expected to have a strong base in electric vehicle production; among the automakers to be selling or considering to sell electric vehicles (EV) and hybrids in Brazil in  Toyota, Volkswagen, Hyundai, Nissan, Chevrolet, Volvo, and BMW. 
  • Revival of automotive industry clubbed with advent of electrical vehicles is expected to help propel the growth of the market studied in the country.
  • Hence, owing to the above-mentioned factors, Brazil is likely to dominate the market studied during the forecast period.
South America Electronics Adhesives Market - Revenue Share

South America Electronics Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)