Conductive Adhesive Market to Witness Significant Demand from Various Industrial Applications till 2023
11th March 2019 – Global Conductive Adhesive Market is anticipated to witness an exponential growth in the forecast period. The factors that propel the growth of the market include rising demand from the electronics industry, technological advancements and significant usage areas in healthcare devices and packaging solutions, and increasing miniaturization of electronic gadgets and goods in numerous electronics products. On the other hand, there are factors that may hamper the growth of the market including stringent implementation of rules and regulations concerning the disposal of these adhesives.
Conductive adhesive market is anticipated to expand at a significant CAGR of 6.75% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market could be explored by type, product type, filler material, application, end user and geography. Market could be explored by type as Anisotropic Conductive Adhesive (ACA) and Isotropic Conductive Adhesive (ICA).
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Based on product type, the market could span acrylic, polyurethane, epoxy, silicone, and others. The “Silicone” segment led the conductive adhesive market in 2016 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of market include fast curing property and better conductivity. Conversely, polyurethane-based and acrylic conductive adhesive have advantages of low price with better conductivity.
The market could be explored based on filler material as gold, carbon, silver, nickel, and others (aluminum, copper, and iron). The key applications that could be explored in the conductive adhesive market include flat panel displays, fine pitch interconnection, and electronic packaging. Based on end user, conductive adhesives market could be segmented into the electrical industry, transportation, electronics, and others. The transportation sector is may be further segmented into aerospace, automobiles and marine.
- 3M Company
- Henkel AG & Co. KGaA
- Henkel AG & Co. KGaA
- Hitachi, Ltd.
- LORD Corp
- Namics Corporation
- Sumitomo Corporation
Report contents include
- Analysis of the conductive adhesive market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on conductive adhesive including products, sales/revenues, and market position
- Market structure, market drivers and restraints.
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- North America
- Asia Pacific
- Middle East and Africa
- South America
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