According to a new market report published by Lucintel, the future of the conductive filler market looks promising with opportunities in the consumer electronics, automotive, industrial, and aerospace industries. The global conductive filler market is expected to reach an estimated $5.8 billion by 2023 with a CAGR of 5% from 2018 to 2023. The major drivers for this market are growth in consumer electronics and increasing demand for compact, high performance, and high density electronic products.
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In this market, various conductive fillers, such as silver, graphite, alumina, carbon black, carbon fiber, copper, and steel are used for thermal and electrical conductivity in various application. Lucintel forecasts that silver will remain the largest filler type by value and carbon black will remain the largest filler by volume. Growth in demand for conductive adhesive for semiconductor packaging application will drive the silver filler market.
Within the conductive filler market, consumer electronics will remain the largest end use industry over the forecast period due to increasing demand for wearable electronics, portable computers, and smart television.
Asia Pacific is expected to remain the largest market by value and volume, and also witness the highest growth over the forecast period supported by growth in consumer electronics and automotive industries.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand of carbon nanotube for electrical conductivity for ESD and EMI applications and development of low cost solution such as silver coated copper filler to reduce the cost of precious metal based filler. Cabot Corporation, Showa Denko K.K, Orion Engineered Carbon, Birla Carbon, Imerys, Nippon Light Metal, Dowa Electronics, Asbury Carbon, and Almatis Corporation are among the major conductive filler providers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global conductive filler market by function type, by product type, by application, by end use industry, and by region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Conductive Filler Market 2018-2023: 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 conductive filler market by by product type, by application, by end use industry, by function, and by region as follows:
By Product Type [$M shipment analysis from 2012 to 2023]:
Carbon Black
Graphite
Carbon Fiber
Alumina
Copper
Silver
Steel
Others
By Application [$M shipment analysis from 2012 to 2023]:
Plastics
Adhesives
Coatings
Battery and Fuel Cells
Metallurgy
By End Use Industry [$M shipment analysis from 2012 to 2023]:
Consumer Electronics
Automotive
Industrial
Aerospace
Others
By Function Type [$M shipment analysis from 2012 to 2023]:
Electrical Conductivity
Thermal Conductivity
By Region [$M shipment analysis for 2012 – 2023]:
United States
Canada
Mexico
This 242-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…… 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.