Innovations in Electronic Adhesives Fuel European Market Growth

2025-04-18 products

Europe, Friday, 18 April 2025.
Demand for miniaturized devices and EV advancements drive Europe’s electronic adhesives market to USD 9.30 billion by 2032, reflecting a trend in electronics miniaturization.

Market Dynamics and Growth Trajectory

The electronic adhesives market has demonstrated remarkable momentum, expanding from USD 5.11 billion in 2023 to an anticipated USD 9.30 billion by 2032, representing a compound annual growth rate of 6.89% [1]. This growth is particularly evident in the electrically conductive adhesives segment, which commanded a 45.5% market share in 2023, proving essential for circuit boards and semiconductor applications [2]. The European market’s transformation is significantly influenced by the region’s ambitious semiconductor manufacturing goals, with the EU aiming to increase its global chip manufacturing share from 9% in 2023 to 20% by 2030 under the EU Chips Act [3].

Technical Innovations and Industry Leadership

Leading manufacturers are introducing breakthrough solutions to meet evolving market demands. Henkel AG & Co. KGaA demonstrated this innovation focus with the launch of its next-generation LOCTITE Ablestik ABP 380 adhesive series in 2023, specifically engineered for power semiconductor packages in EVs and renewable energy applications [1]. In the European market, epoxy-based adhesives maintain dominance with a 50.3% market share, preferred for their versatility in demanding electronic applications [2].

Application Trends and Future Outlook

The surface mounting segment has emerged as a crucial market driver, holding 35.6% of the market share in 2023 [2]. ELANTAS Europe, a key industry player, has expanded its portfolio to include advanced solutions for printed electronics, particularly focusing on automotive applications such as seat heating and touch displays [4]. The integration of these technologies demonstrates the growing convergence between electronic adhesives and next-generation automotive solutions, particularly in the expanding European EV market [1].

Manufacturing and Industry Collaboration

Major industry players including Arkema SA, BASF SE, and Evonik Industries AG are strengthening their European presence through strategic initiatives [1]. This is evidenced by Arkema’s acquisition of Polytec PT in May 2023, aimed at enhancing their adhesive offerings for electronics and batteries [2]. The industry’s focus on research and development is particularly visible in temporary bonding solutions, which are projected to grow from USD 247.67 million in 2024 to USD 484.46 million by 2032 [5], supporting the broader trend toward miniaturization and advanced packaging solutions.

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market growth electronic adhesives