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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
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
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Global Adhesives & Sealants Market for Handheld Devices, By Adhesives, 2016 (%)
Source: MRFR Report
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.
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 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
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.
Adhesive & Sealants manufacturers
Traders and distributors of Adhesive & Sealants
Adhesive & Sealants Associations
Raw material suppliers
The report covers brief analysis of geographical region such as:
Rest of Europe
Rest of Asia Pacific
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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