GLOBAL SMARTPHONE MAGNET BONDING ADHESIVES MARKET

INTRODUCTION

The emergence of new technology, such as smartphones, has revolutionized the way we communicate and receive information. New adhesive products must keep up with the ever-changing advancements, and local tech companies are continuing to develop new magnet bonding adhesive solutions that meet the demands of the industry.

This type of adhesive is becoming increasingly popular among smartphone producers, due to its clear advantages over traditional adhesives. A magnet bonding adhesive is a combination of a polymer and magnetic particles, making it incredibly attractive to manufacturers.

The magnetic effect of the adhesive allows it to stick to a surface without using any additional fasteners, meaning that there is no need to pre-drill or tap holes. Additionally, the unique feature of this adhesive makes re-positioning and removal much easier than with traditional adhesives, substantially reducing time and resources spent on production.

These adhesives also have improved thermal resistance versus traditional adhesives, making them especially helpful in the harsh environments that many mobile phone components must endure. With the development of high-temperature resistant adhesive products, manufacturers can take on heat-sensitive components without worrying about the adhesive.

This means that components with larger magnetic properties can be used with greater reliability and in turn enhance the device's performance. 

With the push of the smartphone industry being to make devices lighter, smaller and more functional, magnet bonding adhesive products offer the perfect solution.

As the development of adhesives continues to improve and the smartphone industry continues to grow, magnet bonding adhesives have set the new standard in terms of mobility and performance. 

GLOBAL SMARTPHONE MAGNET BONDING ADHESIVES MARKET SIZE AND FORECAST

The Global smartphone magnet bonding adhesives market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELOPMENT

Krylex Performance Adhesives for Bonding Magnets and Batteries in Mobile Devices.  The number of battery cells and magnets utilised in mobile and wearable device components as well as related accessories like wireless charging pads and charge cases has significantly increased as a result of the ongoing rise in these devices.

As a result, in order to successfully bond magnets and batteries, adhesives must meet strict performance standards for bond strength and related reliability upgrades. A battery and a magnet can be bonded using adhesives that meet very similar key requirements.

If adhesives are used in magnets or batteries, their performance may be affected if the temperatures reached during the thermal cure cycles are higher than 60 to 80 degrees Celsius. Adhesives must therefore offer strong, dependable attachment while staying below this temperature threshold. There has never been more need for portable power with high density.

The most common type of battery used in modern portable and mobile electronics is lithium-ion technology. The manufacturers of these devices select these batteries because of their high cycle life and large energy capacity, which allow for repeated charging and discharging without deterioration.

While research into new battery technology is being driven by huge investment. For the foreseeable future, lithium-ion batteries are probably going to continue to be the most popular technology. However, attempts are still being made to advance current Li-ion technology to the next level.

Thus, going forward, adhesive products that satisfy the specifications for bonding Lithium-ion batteries will be essential. If temperatures are outside of a specified manufacturing window, lithium-ion batteries will suffer.

It is preferable that the batteries experience temperature excursions of no more than 60C during assembly and fixing. When using an adhesive, there is a genuine danger of damage to the lithium plating and significant degradation of the battery life cycle if the upper-temperature limit is exceeded.Neodymium magnets are the most popular kind of magnet utilised in electronic device assemblies.

Usually, plating is needed on neodymium magnets to prevent corrosion. The magnet will quickly oxidise without the coating, which will have a detrimental effect on performance.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many smartphone magnet bonding adhesives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global smartphone magnet bonding adhesives and key vendor selection criteria
3. Where is the smartphone magnet bonding adhesives manufactured? What is the average margin per unit?
4. Market share of Global smartphone magnet bonding adhesives market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global smartphone magnet bonding adhesives in-house
6. key predictions for next 5 years in Global smartphone magnet bonding adhesives market
7. Average B-2-B smartphone magnet bonding adhesives market price in all segments
8. Latest trends in smartphone magnet bonding adhesives market, by every market segment
9. The market size (both volume and value) of the smartphone magnet bonding adhesives market in 2023-2030 and every year in between?
10. Production breakup of smartphone magnet bonding adhesives market, by suppliers and their OEM relationship