According to a new market report published by Lucintel, the future of the electrically conductive adhesives market looks promising with opportunities in the industries of consumer electronics, automotive, aerospace and defense, and bioscience. The global electrically conductive adhesives market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $4.1 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are growth in the PCBs and semiconductors and replacement of soldering with conductive adhesives due to environmental and health concerns.
Browse 142 market data tables and 158 figures spread through 247 pages and in-depth TOC on “Global Electrically Conductive Adhesives Market"
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In this market, different types of electrically conductive adhesives such as silver, copper, carbon, and others are used as filler material. Lucintel forecasts that silver filled electrically conductive adhesives will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to its beneficial features: silver filled electrically conductive adhesives offer high conductivity and are easily formed and fabricated into the ideal shape.
Within this market, electrically conductive adhesives for automotive will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to increasing electronic content in automotive.
Asia Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period supported by increasing demand for consumer electronic products in China and India.
Emerging trends, which have a direct impact on the dynamics of the electrically conductive adhesives industry, include development of new silicon-based electrically conductive adhesives for automotive sensor and development of flexible electrically conductive adhesives for flexible displays and PCBs. Henkel, 3M, H.B. Fuller, Masterbond, and Panacol Elosol and others are among the major electrically conductive adhesives manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global electrically conductive adhesives market by end use, filler material, resin, type, form, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Electrically Conductive Adhesives Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global electrically conductive adhesives market by end use, filler material, resin, type, form, and region as follows:
By End Use Industry [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Automotive
Consumer Electronics
Aerospace and Defense
Biosciences
Others
By Filler Material [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Silver Fillers
Copper Fillers
Carbon Fillers
Others
By Resin [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Epoxy
Silicone
Acrylic
Polyurethane
Others
By Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Isotropic Conductive Adhesives
Anisotropic Conductive Adhesives
By Form [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
By Region [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Asia Pacific
China
India
Japan
South Korea
Taiwan
The Rest of the World
Central and South America
Middle East and Africa
This 247-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/electrically-conductive-adhesives-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.