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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 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.
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.
A total of 158 figures / charts and 142 tables are provided in this 247 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of electrically conductive adhesives market report download the report brochure.
Electrically conductive adhesive opportunities have evolved through number of stages as presentedin figure below:
Evolution of Electrically Conductive Adhesive Opportunities
In this market, automotive electronics is the largest market by end use industry, whereas silver is the largest in filler material. Growth in various segments of the electrically conductive adhesives market are given below:
Electrically Conductive Adhesives Market by Segments