Electronics Adhesives Market - Global Industry Competitive Strategies And Forecasts, 2015 To 2020

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Future Market Insights (FMI) announces the release of its latest report titled, “Electronics Adhesives Market: Global Industry Analysis and Opportunity Assessment, 2015 - 2020”. According to the report, the global electronics adhesives market was valued at US$ 3.23 Bn in 2014 and is expected to reach US$ 6.40 Bn by 2020, registering a compound annual growth rate of 12.1% through the forecast period. Market Segments The global electronics adhesives market can be segmented on the basis of material, product,applications, and region. On the basis of material type, the global electronics adhesives market is segmented into polyurethanes, epoxies, silicones, acrylics, and others. Amongst all, acrylic segment is forecasted to witness a highest CAGR of around 20% owing to their impressive performance characteristics which helps engineers to lower the total cost of equipment and reduce the time consuming procedures. By product type, the global electronics adhesives market is segmented into electrically conductive, thermally conductive, ultraviolet curing, and others. Among these,electrically conductive adhesives segment is projected to account for more than 40% market share of the total market by 2020,registering a healthy CAGR of 16.7% during the forecast period. Browse Full " Electronics Adhesives Market: Global Industry Analysis and Opportunity Assessment, 2015 - 2020" Report at http://www.futuremarketinsights.com/reports/details/electronics-adhesives-market Application-wise, the global electronics adhesives market is segmented into surface mounting, wire tacking, encapsulation, and conformal coating. Among all the aforesaid applications, surface mounting segment is estimated to expand at an effective CAGR of 14.4% during the forecast period. Moreover,surface mounting and conformal coating segment together are expected to account for approximately 60% market share of the global electronics adhesives market through 2020. Region-wise, Asia Pacific is anticipated to witness a robust CAGR of around 12% during the forecast period owing to increasing dominance of south East Asian countries such as China, Japan, South Korea, and India in the production electronic components. The growth of the Asia pacific region in the global electronics adhesives market will be followed by Europe,Middle East, and North Africa between 2014 and 2020. Send Inquiry: http://www.futuremarketinsights.com/askus/rep-gb-378