Market Trends of Middle-East and Africa Electronics Adhesives Industry
This section covers the major market trends shaping the MEA Electronics Adhesives Market according to our research experts:
Surface Mounting Application to Dominate the Market
- Surface mounting, also known as chip bonding, accounts for the highest share of the Middle-East and Africa electronics adhesives market.
- The major types of adhesives used in this application include mostly one-component systems, made from acrylics, epoxies, or urethane acrylates, and can be either electrically or thermally conductive.
- These adhesives used have superior physical and chemical quality which helps them to have a long shelf life, a high wet strength, rapid curing, strength, and flexibility.
- This surface mounting adhesives are used to hold SMT components on a substrate that requires double-sided processing before it goes into a solder reflow or wave solder process. Additionally, they are used to add extra holding power for larger components exposed to high shock environments.
- Hence, owing to the above-mentioned reasons, the surface mounting application is likely to dominate the market studied during the forecast period.
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Saudi Arabia to Dominate the Market
- Saudi Arabia accounts for the highest share of the Middle-East & Africa electronics adhesives market currently.
- With increasing focus on improving the safety of the vehicles in the country while at the same time ensuring entertainment, the demand and usage of printed circuit boards is consistently increasing. This, in turn, is accelerating the demand for electronic adhesives.
- However, the unstable political conditions may have have negative effect on the market growth in the coming years.
- Owing to the above-mentioned factors, Saudi Arabia is likely to dominate the market during the forecast period.
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