According to a recent report titled "Global Electronic Adhesives Market 2017-2021" published by Technavio, the global electronic adhesives market is estimated to grow steadily from 2017 to 2021, and witness a CAGR of close to 10% throughout the forecast period. The decreasing overall cost of electronic components will drive the growth prospects for the global electronic adhesives market by the end of 2021. Since the latest generation of electronic adhesives cost less compared with traditional coating technologies, the producers save 30%-50% in overall component manufacturing cost and achieve a reduction in several rejects. It has been noted that with the decreasing number of rejects and minimization in overall component costs, the global electronic adhesives market will continue to grow from 2017 to 2021. The electronic adhesives market is segmented into electrical conductive adhesives, thermal conductive adhesives, and UV curing adhesives by product type. The electrically conductive adhesives segment accounts for the maximum market share in 2016 and will continue to dominate the market by 2021. One of the major contributors to the market segment’s growth is its high demand for applications such as bonding heat-sensitive electronic components, glass, plastics, or soft metals. Based on material type, the electronic adhesives market is segmented into silicone adhesives, polyurethane adhesives, acrylic adhesives, and epoxy adhesives. The silicone adhesives segment dominates the market share in 2016. However, the acrylics adhesives segment is expected to grow owing to the increasing demand from the electronics industry in the next few years. In terms of geography, APAC occupies the maximum market share in 2016 and will maintain the dominance in the market in the coming years. Some of the major factors, such as the shift of manufacturing bases to APAC by the key players, availability of cheap labor, low land prices, and low manufacturing costs, are anticipated to boost the market in the region. Owing to the presence of a large number of regional and international players operating in the global electronic adhesives market, the market is extremely competitive. The key players in this market are 3M, Dow Corning, Evonik Industries, H.B. Fuller, and Henkel. Other prominent players include Dymax, Hitachi Chemical, Indium, KYOCERA Chemical, and Royal Adhesives & Sealants. These companies are increasing their investment in R&D to increase their market penetration and expand their product portfolio.