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Global Adhesives & Sealants Market for Handheld Devices - by Adhesives -Hot Melt, Pressure Sensitive, Waterborne, Solvent Based, by Sealants (Silicone, Polyurethane, Acrylic Latex, Epoxy, Butyl and by Application (Mobile Phones & Tablets, Laptops, Hard Disc Drives, Medical Devices and Others), and by Region - Forecast till 2023

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synopsis of adhesives sealants market

Synopsis of Adhesives & Sealants Market for Handheld Devices:

In general, adhesives & sealants can be defines as substance used for holding and attaching at

least two surfaces. Adhesives are most commonly used to bond two surfaces together in a strong

and permanent manner, whereas, sealants are mostly used to fill the gap left after joining by

adhesives. Thus, giving a protective coating hence restricting the entry of foreign particles. 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. Similarly, sealants acts as a permanent seal or enclosure by filling the

gaps. Based on technology and types, different types of adhesives and sealants are used in

manufacturing of handheld devices. 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 includes silicone and urethanes.

As per analysis, some of the market impetus factors and trends identified in the global adhesives &

sealants market for handheld devices market includes penetration of smartphones and tablets, rising

popularity of gaming laptops & detachable laptops and the growth of consumer electronics market

among other factors. Furthermore, rise in disposable income and increased consumer spending on

leisure products and white goods is expected to foster growth of global adhesives & sealants market

for handheld devices market. For instance, the demand for consumer electronics have witnessed

significant growth in the developing markets and consumers tend to spend significant amount on

different types of electronic devices such as, smartphones, computers, and other consumer

electronics. Furthermore, trends such as emerging electronic device assembly hub in Southeast

Asian nations and Significant FDI in the ASEAN region from developed nations among other trends

is expected to offer lucrative opportunities for the market. According to MRFR analysis, cumulatively

the global adhesives & sealants market for handheld devices was valued at USD 4,882.6 million in

2016 and is expected to be valued at USD 7,946.8 million by the end of 2023, expanding at a CAGR

of 7.21%.

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global adhesives sealants market for handheld

Global Adhesives & Sealants Market for Handheld Devices, By Adhesives, 2016 (%)

Source: MRFR Report

Regional Analysis:

Geographically, Asia Pacific region is the largest market for adhesives and sealants for handheld

devices and accounts for more than 50% of the volume share in the global market, with a strong

footprint of global adhesive and sealant manufacturers along with the emerging electronics market in

the region are some of the market impetus factors fostering growth of adhesive and sealants market

for handheld devices in the region. Moreover, the factors such as rapid urbanization and increasing

spending on white goods in the developing markets is expected to boost the demand for adhesive

and sealants for handheld devices. In Asia-Pacific, market growth is offered by the Southeast Asian

countries, owing to its emergence as the electronic device assembly hub along with the huge

production base for various electronic devices such as mobile phones, laptops, and storage devices.

Based on revenue, Europe market accounts for the second-largest market share for adhesives &

sealants for handheld devices, primarily owing to the presence of leading manufacturers in the

region with superior product offering in the region, which is followed by North America market.

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, Dow Corning Corporation, H.B. Fuller, Novachem Corporation and Permabond among

others.

key findings

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, Asia-Pacific

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

Geographic Analysis:

The report covers brief analysis of geographical region such as:

North America

U.S.

Canada

Europe

Germany

France

Italy

Spain

U.K.

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

latin america middle east africa the report about

Latin America

Middle East & Africa

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.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of

various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports

(HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &

Consulting Services.

MRFR team have a supreme objective to provide the optimum quality market research and

intelligence services to our clients. Our market research studies by products, services,

technologies, applications, end users, and market players for global, regional, and country level

market segments, enable our clients to see more, know more, and do more, which help to

answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans &

conducts meet with the industry experts and industrial visits for its research analyst members.

contact

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