Global conductive adhesive market is expected to grow at a significant CAGR of 6.75% by 2023 as the scope and its applications are rising enormously across the globe. Conductive adhesives is a technology that signifies a fundamentally clean, simple, and logical solution for all kinds of electrical interconnect challenges. It is also termed as cold solder that enables the flow of electricity along with adhesion.
The factors that are playing a major role in the growth of the conductive adhesive market are the rising end-use product demand & industrial development and the developing enhanced technologies like nickel nanotubes, silver nanowires, carbon nanotubes, and silver nanoparticles. However, the high cost of filler material and the difficulties in the disposal of iron filler material are the major factors that may restrain overall market growth in the years to come. The conductive adhesive market is segmented based on product base type, conductor type, filler material types, end users, and region.
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Acrylic, epoxy, silicone, polyurethane, and the other product base types could be explored in the conductive adhesive in the forecast period. The epoxy sector is estimated to hold the highest share in the conductive adhesive market in the upcoming years, as it is an easy and short production process. Conductor types such as anisotropic conductive adhesives and isotropic conductive adhesives could classify conductive adhesive in the forecast period.
Carbon, silver, nickel, gold, and the other filler materials could be explored in the conductive adhesive in the forecast period. The market may be categorized based on end users like electronics, transportation (marine, automobiles, and marine), electrical industry, and others that could be explored in the conductive adhesive in the forecast period.
The conductive adhesive market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, Asia Pacific may account for the substantial market share of the conductive adhesive market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rapid industrialization of automotive and electronics industry. The developing countries like China and India are the key consumer of conductive adhesive in this region and projected to remain dominant in the upcoming years. Europe and North America are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the forecast period.
The key players of the conductive adhesive market are UVTM, Henkel, Uninwell, Sumitomo, Threebond, 3M, Teamchem, NAMICS CORPORATION, Sino Platinum, Chemsearch, Shanghaihuayi, EPI, Shanghai Baoyin, Epoxy, Lord, Panacol, Lord, Henkel, KYOCERA, Hanstar, and Hitachi. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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Global conductive adhesive market is anticipated to grow at a CAGR of 6.75% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).
The Global Market for conductive adhesive to 2023 offers detailed coverage of conductive adhesive industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading conductive adhesive producers to provide exhaustive coverage of the conductive adhesive.
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.
Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
Key vendors
- 3M Company
- Henkel AG & Co. KGaA
- Henkel AG & Co. KGaA
- Hitachi, Ltd.
- LORD Corp
- Namics Corporation
- Sumitomo Corporation
- request free sample to get a complete list of companies
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