TORONTO — The market for high-quality electronics is growing, and with that also comes a rising need for technology adhesives. This demand has been driven, in part, by miniaturization.
“As the market for high-quality electronics has increased in the past few years, the need for material to protect and bond electronic components has also increased,” said Technavio Senior Industry Analyst Chandrakumar Badala Jaganathan, in an interview with EE Times.
The research firm’s recent Global Electronic Adhesives Market 2017–2021 report is forecasting the market to grow at a compound annual growth rate (CAGR) of close to 10% between now and 2021, said Jaganathan. “The market in 2017 is expected to grow by 8.89% compared to 2016.”