The rapid advancement of technology has led to a growing need for protecting our electronic devices from environmental hazards. Amid such a scene, electronic sealants have lately become an important component to safeguard the devices and especially we are witnessing rise of the Internet of Things (IoT). The global market for electronic sealants was valued at around USD 1,039.6 million in 2023. It is expected to reach to around USD 2,525.7 million by 2033.
Electronic sealants are important in protecting devices from moisture, dust, extreme temperatures and other environmental factors. Electronic devices are gradually becoming more complex and also miniaturized. The devices are gradually becoming more susceptible to such threats. The vulnerability has opened the path to shift toward high-performance sealants that can withstand the harsh conditions as well as ensure longevity of electronic components.
The demand for electronic sealants is also about maintaining the efficiency and functionality of devices. Electronic devices are exposed to extreme conditions today such as aerospace, automotive and telecommunications. The need for robust sealants is more pronounced. The sealants help in preventing malfunctions and also ensures that the devices should continue to operate effectively even in the challenging environments.
East Asia is a rapidly expanding market for electronic sealants. It is driven by the region’s high demand for electronic devices and components. Countries like China, Japan and South Korea are leading the growth. They are contributing significantly to the global market. The presence of various electronic component manufacturers coupled with rising production levels has fueled the demand for high-performance sealants.
The global market for electronic sealants is simultaneously witnessing a trend toward reducing volatile organic compound (VOC) emissions. Manufacturers are now developing products that offer enhanced adhesion and simultaneously lower VOC emissions.