PUR Adhesives in Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032

Description

The worldwide Polyurethane Reactive (PUR) Adhesives market in electronics is expected to witness significant growth, increasing from USD 4.35 billion in 2025 to USD 6.47 billion by 2032, with a steady CAGR of 5.8%. The rising demand for high-performance adhesives in electronic manufacturing is a key factor fueling this expansion.

Market Trends

PUR adhesives have become indispensable in the electronics sector, playing a crucial role in ensuring the durability and reliability of electronic components. These adhesives offer superior chemical resistance, excellent bonding strength, and resilience to extreme temperatures. As electronic devices continue to shrink in size and complexity, the adoption of PUR adhesives is accelerating.

Primary Growth Factors

1. Shift Towards Compact & Lightweight Electronics - The growing demand for smaller and more lightweight electronics has made PUR adhesives an essential solution, offering enhanced bonding capabilities while ensuring resistance to environmental stressors.
2. Continuous Technological Progress - Innovations in adhesive formulations, such as improved thermal and electrical conductivity, are driving broader applications in high-performance electronic devices.
3. Expansion in Automotive & Consumer Electronics - The rapid growth of electric vehicles (EVs) and advanced consumer electronics has significantly increased the need for durable adhesive solutions for thermal management and component bonding.
4. Increased Focus on Durability & Protection - PUR adhesives provide superior insulation, moisture resistance, and mechanical stability, making them crucial in industrial electronics applications.

Emerging Business Opportunities

Eco-friendly Adhesive Solutions - Companies can capitalize on the rising demand for sustainable adhesives by developing bio-based or low-VOC formulations.
Growth in Emerging Markets - The expanding applications of PUR adhesives in medical devices, telecommunications, and aerospace present substantial market potential.
Strategic Partnerships & R&D Initiatives - Collaborating with electronics manufacturers and research institutions can foster innovation and market expansion.

Regional Insights

Asia Pacific - Leading the market due to strong manufacturing bases in China, Japan, and South Korea, as well as ongoing advancements in electronics production.
North America - The fastest-growing market, driven by rapid technological development and increasing demand for high-performance adhesives in industries such as aerospace, automotive, and consumer electronics.
Europe - Stringent environmental regulations and a strong focus on sustainability have led to increased adoption of eco-friendly adhesive solutions.
Middle East, Africa & Latin America - These regions are gradually embracing PUR adhesives, driven by industrial expansion and infrastructure projects.

Competitive Analysis

The PUR adhesives market for electronics is highly competitive, with leading companies focusing on innovation, strategic acquisitions, and sustainability efforts. Major players include:

Henkel AG & Co. KGaA
3M
H.B Fuller
Dow Chemical Company
Sika AG
Avery Dennison
Master Bond Inc.
Lord Corporation
Huntsman Corporation
Permabond
DELO Industries Adhesives
Panacol
ITW Polymers Adhesives

Recent Industry Developments

H.B. Fuller Acquisition - Acquired Apollo, a UK-based leader in liquid adhesives, coatings, and primers, strengthening its market presence in Europe.
Henkel's Sustainability Drive - Launched new solvent-free, recyclable polyurethane adhesives, recognized for their environmental benefits by RecyClass.
Bostik's Expansion - Initiated a PU sealant development program to meet growing demands in construction and industrial applications with low isocyanate and solvent-free solutions.

Market Segmentation

By Component Type: Thermal Conductive, Electrically Conductive, UV Curing, Others.
By Application: Surface-mount Devices, Potting & Encapsulation, Conformal Coatings, Others.
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

1. Executive Summary

1.1. Global PUR Adhesives in Electronics Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. PESTLE Analysis

3. Price Analysis, 2024

3.1. Global Average Price Analysis, by Component Type, US$ Per Unit, 2024
3.2. Prominent Factor Affecting PUR Adhesives in Electronics Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global PUR Adhesives in Electronics Market Outlook, 2019 - 2032

4.1. Global PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 4.1.1. Key Highlights
  - 4.1.1.1. Thermal Conductive
  - 4.1.1.2. Electrically Conductive
  - 4.1.1.3. UV Curing
  - 4.1.1.4. Others
4.2. Global PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 4.2.1. Key Highlights
  - 4.2.1.1. Surface-mount devices
  - 4.2.1.2. Potting & Encapsulation
  - 4.2.1.3. Conformal Coatings
  - 4.2.1.4. Others
4.3. Global PUR Adhesives in Electronics Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America PUR Adhesives in Electronics Market Outlook, 2019 - 2032

5.1. North America PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 5.1.1. Key Highlights
  - 5.1.1.1. Thermal Conductive
  - 5.1.1.2. Electrically Conductive
  - 5.1.1.3. UV Curing
  - 5.1.1.4. Others
5.2. North America PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 5.2.1. Key Highlights
  - 5.2.1.1. Surface-mount devices
  - 5.2.1.2. Potting & Encapsulation
  - 5.2.1.3. Conformal Coatings
  - 5.2.1.4. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America PUR Adhesives in Electronics Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 5.3.1.2. U.S. PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 5.3.1.3. Canada PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 5.3.1.4. Canada PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe PUR Adhesives in Electronics Market Outlook, 2019 - 2032

6.1. Europe PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 6.1.1. Key Highlights
  - 6.1.1.1. Thermal Conductive
  - 6.1.1.2. Electrically Conductive
  - 6.1.1.3. UV Curing
  - 6.1.1.4. Others
6.2. Europe PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 6.2.1. Key Highlights
  - 6.2.1.1. Surface-mount devices
  - 6.2.1.2. Potting & Encapsulation
  - 6.2.1.3. Conformal Coatings
  - 6.2.1.4. Others
- 6.2.2. Attractiveness Analysis
6.3. Europe PUR Adhesives in Electronics Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.2. Germany PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.3. U.K. PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.4. U.K. PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.5. France PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.6. France PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.7. Italy PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.8. Italy PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.9. Turkey PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.10. Turkey PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.11. Russia PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.12. Russia PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.13. Rest of Europe PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 6.3.1.14. Rest of Europe PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific PUR Adhesives in Electronics Market Outlook, 2019 - 2032

7.1. Asia Pacific PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 7.1.1. Key Highlights
  - 7.1.1.1. Thermal Conductive
  - 7.1.1.2. Electrically Conductive
  - 7.1.1.3. UV Curing
  - 7.1.1.4. Others
7.2. Asia Pacific PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 7.2.1. Key Highlights
  - 7.2.1.1. Surface-mount devices
  - 7.2.1.2. Potting & Encapsulation
  - 7.2.1.3. Conformal Coatings
  - 7.2.1.4. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific PUR Adhesives in Electronics Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 7.3.1. Key Highlights
  - 7.3.1.1. China PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.2. China PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.3. Japan PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.4. Japan PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.5. South Korea PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.6. South Korea PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.7. India PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.8. India PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.9. Southeast Asia PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.10. Southeast Asia PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.11. Rest of Asia Pacific PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 7.3.1.12. Rest of Asia Pacific PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America PUR Adhesives in Electronics Market Outlook, 2019 - 2032

8.1. Latin America PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 8.1.1. Key Highlights
  - 8.1.1.1. Thermal Conductive
  - 8.1.1.2. Electrically Conductive
  - 8.1.1.3. UV Curing
  - 8.1.1.4. Others
8.2. Latin America PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 8.2.1. Key Highlights
  - 8.2.1.1. Surface-mount devices
  - 8.2.1.2. Potting & Encapsulation
  - 8.2.1.3. Conformal Coatings
  - 8.2.1.4. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America PUR Adhesives in Electronics Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.2. Brazil PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.3. Mexico PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.4. Mexico PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.5. Argentina PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.6. Argentina PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.7. Rest of Latin America PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 8.3.1.8. Rest of Latin America PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa PUR Adhesives in Electronics Market Outlook, 2019 - 2032

9.1. Middle East & Africa PUR Adhesives in Electronics Market Outlook, by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 9.1.1. Key Highlights
  - 9.1.1.1. Thermal Conductive
  - 9.1.1.2. Electrically Conductive
  - 9.1.1.3. UV Curing
  - 9.1.1.4. Others
9.2. Middle East & Africa PUR Adhesives in Electronics Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 9.2.1. Key Highlights
  - 9.2.1.1. Surface-mount devices
  - 9.2.1.2. Potting & Encapsulation
  - 9.2.1.3. Conformal Coatings
  - 9.2.1.4. Others
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa PUR Adhesives in Electronics Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.2. GCC PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.3. South Africa PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.4. South Africa PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.5. Egypt PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.6. Egypt PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.7. Nigeria PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.8. Nigeria PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.9. Rest of Middle East & Africa PUR Adhesives in Electronics Market by Component Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
  - 9.3.1.10. Rest of Middle East & Africa PUR Adhesives in Electronics Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
- 10.3.1. Henkel AG & Co. KGaA
  - 10.3.1.1. Company Overview
  - 10.3.1.2. Product Portfolio
  - 10.3.1.3. Financial Overview
  - 10.3.1.4. Business Strategies and Development
- 10.3.2. 3M
  - 10.3.2.1. Company Overview
  - 10.3.2.2. Product Portfolio
  - 10.3.2.3. Financial Overview
  - 10.3.2.4. Business Strategies and Development
- 10.3.3. H.B Fuller
  - 10.3.3.1. Company Overview
  - 10.3.3.2. Product Portfolio
  - 10.3.3.3. Financial Overview
  - 10.3.3.4. Business Strategies and Development
- 10.3.4. Dow Chemical Company
  - 10.3.4.1. Company Overview
  - 10.3.4.2. Product Portfolio
  - 10.3.4.3. Financial Overview
  - 10.3.4.4. Business Strategies and Development
- 10.3.5. Sika AG
  - 10.3.5.1. Company Overview
  - 10.3.5.2. Product Portfolio
  - 10.3.5.3. Financial Overview
  - 10.3.5.4. Business Strategies and Development
- 10.3.6. Avery Dennison
  - 10.3.6.1. Company Overview
  - 10.3.6.2. Product Portfolio
  - 10.3.6.3. Financial Overview
  - 10.3.6.4. Business Strategies and Development
- 10.3.7. Master Bond Inc.
  - 10.3.7.1. Company Overview
  - 10.3.7.2. Product Portfolio
  - 10.3.7.3. Financial Overview
  - 10.3.7.4. Business Strategies and Development
- 10.3.8. Lord Corporation
  - 10.3.8.1. Company Overview
  - 10.3.8.2. Product Portfolio
  - 10.3.8.3. Financial Overview
  - 10.3.8.4. Business Strategies and Development
- 10.3.9. Huntsman Corporation
  - 10.3.9.1. Company Overview
  - 10.3.9.2. Product Portfolio
  - 10.3.9.3. Financial Overview
  - 10.3.9.4. Business Strategies and Development
- 10.3.10. Others
  - 10.3.10.1. Company Overview
  - 10.3.10.2. Product Portfolio
  - 10.3.10.3. Financial Overview
  - 10.3.10.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations