The Global SMT Adhesives Market was valued at USD 2.13 Billion in 2023 and is projected to reach USD 2.86 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2023–2028). This growth is being driven by the surge in demand for miniaturized and high-performance consumer electronics, the continuous expansion of 5G infrastructure, and the accelerating adoption of eco-friendly and high-reliability formulations across consumer electronics, automotive, and aerospace sectors.

As electronics manufacturing evolves toward high-density interconnects and sustainable production, the spotlight is on the key adhesive manufacturers who are driving material innovation, process efficiency, and performance reliability. In this blog, we profile the Top 10 Companies in the SMT Adhesives Industry—a mix of chemical conglomerates and specialty material suppliers shaping the future of global electronics assembly.

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: LOCTITE® adhesives, underfills, and thermally conductive materials

Henkel is a global leader in industrial adhesives with a comprehensive portfolio of SMT solutions including chip bonding adhesives, surface mount encapsulants, and thermally conductive interface materials. Their advanced material science capabilities serve a wide range of applications from smartphones to electric vehicle power electronics.

Innovation Focus:

• Development of low-outgassing formulations for aerospace applications

• High thermal conductivity adhesives for power device attachment

• R&D in halogen-free and environmentally compliant adhesives

Download FREE Sample Report: 2023-2028 Global and Regional SMT Adhesives Industry Status and Prospects Professional Market – View in Detailed Research Report

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9️⃣ 2. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Electrically conductive adhesives, thermally conductive tapes, and structural adhesives

3M offers a diverse range of SMT adhesives that enable advanced manufacturing processes. Their materials portfolio includes anisotropic conductive films, thermal interface materials, and high-performance bonding solutions for demanding electronic assemblies.

Innovation Focus:

• Advanced pressure-sensitive adhesives for flexible circuits

• Innovative solutions for high-frequency 5G applications

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8️⃣ 3. H.B. Fuller Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Epoxy adhesives, silicone formulations, and UV-curable systems

H.B. Fuller provides specialized SMT adhesives including die attach, glob top, and underfill materials. Their polymer technology enables reliable performance in automotive electronics, medical devices, and industrial controls.

Innovation Focus:

• Sustainable adhesive solutions with reduced environmental impact

• Custom formulations for specific manufacturing requirements

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7️⃣ 4. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Silicone adhesives, epoxy systems, and polyurethane formulations

Dow offers advanced materials science solutions for SMT applications including encapsulation, conformal coating, and structural bonding. Their expertise in polymer chemistry enables development of adhesives with superior thermal and mechanical properties.

Innovation Focus:

• Development of low-temperature cure adhesives for heat-sensitive components

• High-reliability formulations for automotive and industrial electronics

Download FREE Sample Report: 2023-2028 Global and Regional SMT Adhesives Industry Status and Prospects Professional Market – View in Detailed Research Report

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6️⃣ 5. DELO Industrial Adhesives

Headquarters: Windach, Germany
Key Offering: Light-curing adhesives, thermally conductive materials, and structural bonding systems

DELO specializes in high-performance adhesives for demanding SMT applications including automotive sensors, power modules, and LED assemblies.

Innovation Focus:

• High-precision dispensing adhesives for MEMS and sensor packaging.

• Fast-curing formulations that enable high-throughput manufacturing processes.

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5️⃣ 6. LORD Corporation

Headquarters: Cary, North Carolina, USA
Key Offering: Conductive adhesives, thermally conductive materials, and structural bonding systems

LORD Corporation offers a comprehensive portfolio of SMT adhesives, focusing on advanced bonding technologies for electronics assembly and thermal management applications.

Innovation Focus:

• Development of vibration-damping adhesives for harsh environment electronics

• Custom-formulated adhesives for specific aerospace and defense requirements

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4️⃣ 7. ITW Performance Polymers

Headquarters: Norwood, Massachusetts, USA
Key Offering: Epoxy formulations, silicone adhesives, and thermally conductive materials

ITW provides specialized SMT adhesives for applications requiring high reliability and performance under extreme conditions including automotive and industrial electronics.

Innovation Focus:

• High-temperature resistant adhesives for under-the-hood applications

• Advanced dispensing technologies for precise adhesive application

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3️⃣ 8. Panacol-Elosol GmbH

Headquarters: Oberursel, Germany
Key Offering: UV-curable adhesives, structural epoxies, and thermal interface materials.

Panacol-Elosol specializes in light-curing adhesives for SMT applications, offering rapid cure times and excellent adhesion to various substrates.

Innovation Focus:

• Low-stress formulations for sensitive electronic components

• Low-outgassing formulations for optical and aerospace applications

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2️⃣ 9. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Epoxy systems, polyurethane adhesives, and hybrid formulations

Huntsman provides advanced polymer solutions for SMT applications, with emphasis on thermal management and reliability in demanding operating environments.

Innovation Focus:

• Development of lead-free and RoHS-compliant adhesive formulations.

• High-performance underfill materials for flip-chip applications

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1️⃣ 10. Hexion Inc.

Headquarters: Columbus, Ohio, USA
Key Offering: Epoxy adhesives, encapsulants, and high-reliability bonding systems.

Hexion offers specialized epoxy formulations for SMT applications, providing excellent electrical insulation, thermal stability, and mechanical strength.

Innovation Focus:

• Thermally conductive adhesives for power electronics packaging.

• Thermoset adhesives engineered for specific curing profiles and performance requirements in automotive and industrial electronics.

Get Full Report Here: 2023-2028 Global and Regional SMT Adhesives Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Outlook: The Future of SMT Adhesives Is Smarter and More Integrated

The SMT adhesives market is experiencing fundamental transformation. While conventional epoxy formulations still dominate volume production, the industry is shifting toward advanced materials with multifunctional capabilities.

📈 Key Trends Shaping the Market:

• Rapid adoption of thermally conductive adhesives for electric vehicle power modules

• Increasing demand for halogen-free and low-VOC formulations

• Integration of smart manufacturing and Industry 4.0 technologies

• Growing requirements for high-reliability bonding in automotive and aerospace electronics

Get Full Report Here: 2023-2028 Global and Regional SMT Adhesives Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only enabling advanced electronics manufacturing—they’re pioneering the next generation of materials for the connected world.