The electronic adhesive market has broad development space, and the level of localization in my country’s high-end market is expected to continue to improve.

Electronic adhesives, also known as electronic and electrical adhesives, refer to adhesives used in bonding, sealing, potting, coating, structural bonding, parallel coating, SMT patching and other scenarios of electronic and electrical components. There are various types of electronic adhesives. According to different materials and properties, they can be divided into epoxy adhesives, silicone adhesives, UV-curable adhesives, acrylate adhesives, polyurethane adhesives, instant adhesives, anaerobic adhesives, hot melt adhesives, pressure-sensitive adhesives, etc. Glue, etc.; according to different working principles, it can be divided into patch red glue, cofferdam filling glue, bottom filling glue, conductive silver glue, special silicone potting glue, etc.

Electronic adhesives can be widely used in automotive electronics, 5G communications, consumer electronics, new energy vehicles, rail transit, photovoltaics, industrial automation and other fields, with a wide range of applications. In recent years, against the background of rapid development of the national economy, the global semiconductor and electronics industry has been increasingly shifting to China, and my country has gradually become the world’s largest producer of electronic products. As an important material required for the production of electronic devices and semiconductors, the demand for electronic adhesives continues to grow as the scale of the downstream market continues to expand.

According to the “China Electronic Adhesive Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center, Taking consumer electronics as an example, my country’s consumer electronics market will exceed 1.8 trillion yuan in 2022, a year-on-year growth of approximately 3.1%. Against this background, my country’s electronic adhesive market size will reach 13.42 billion yuan in 2022.

The main electronic adhesive manufacturers in my country include Jiangsu Stick New Materials, Shanghai Jinghua Adhesive New Materials, Hubei Huitian New Materials, Maxim New Materials, Zhejiang Goode New Materials, Hangzhou Zhijiang New Materials, Guangzhou Baiyun Technology, Foshan Benjia New Material Technology, Beihai Zhongbao New Material Electronic Technology, Nantong Gaomeng New Material, etc. There are a large number of domestic electronic adhesive manufacturers, but most of them are concentrated in the middle and low-end markets. The high-end market is still dominated by leading international companies such as Dow, Nitto Denko, 3M, Henkel, and Fuller. The degree of localization lower.

In recent years, against the background of increasing downstream market requirements and continuous technological upgrading of local companies, my country’s electronic adhesive market has seen the emergence of many leading companies, such as Sidik New Materials, Huitian New Materials, Jinghua New Materials, etc., and leading companies are continuing to By increasing efforts in key technology research and research and development of high-performance, low-energy consumption, and high-end electronic adhesives, the localization level of the domestic high-end electronic adhesive market is expected to continue to increase in the future.

Industry analysts said that electronic adhesives are one of the important materials needed in the electronics industry. , Under the background of rapid development of the electronics industry, its market demand continues to be released, and the industry shows good development prospects. However, my country’s electronic adhesive industry started relatively late. At present, local companies are mostly located in the low-end market, and the high-end market is still dominated by international companies. In the future, local companies will still need to continue to improve their competitiveness and accelerate their entry into the high-end electronic adhesive market.