Specialty Adhesives Market Driven by Growing Demand from Electronics Industry
The specialty adhesives market is witnessing significant growth owing to rising demand from the electronics industry. Specialty adhesives find widespread application in various end-use sectors such as automotive, aerospace, building & construction, electronics, medical, and others. They provide excellent adhesion and mechanical strength, high resistance to abrasion, wear and tear, and corrosion. Some common types of specialty adhesives include acrylics, epoxies, polyurethanes, cyanoacrylates, and anaerobics.
The global specialty adhesives market size was valued at US$ 3.73 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 5.94% from 2023 to 2030.
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