Electrically Conductive Adhesives Market Size, Share, Growth Report 2030

According to the report published by Zion Market Research, Global demand for Electrically Conductive Adhesives Market was valued at approximately USD 2,138.59 Million in 2019, and is expected to generate revenue of around USD 3,790.04 Million by end of 2026, growing at a CAGR of around 8.45% between 2020 and 2026.

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Electrically Conductive Adhesives Market: Overview

Electrically conductive adhesives are liquid or fluid monomer materials, which are polymerized to the thermosetting polymer on heating. The polymer network electrically insulates along with electrical resistivity. They have small conductive particles, which cause electric conductivity and flow of electric current in the component. Primarily electrically conductive adhesives are the glue that is used in electronics. Conductive components are usually copper, silver or graphite and the fluid component is synthetic resins, varnish, or combinations of both. Electrically conductive adhesives offer the superb alternative to lead-solder interconnection in microelectronic packaged applications. These adhesives are used in electrical interconnect, thermal, and structural bonding to improve the reliability of electronic systems. Electrically conductive adhesives are used in various electronics equipment such as laptop computers, desktops, electronics watch, camcorders, hard-drive suspensions and others

Electrically Conductive Adhesives Market: Growth Factors

For years, electrically conductive adhesives have been an integral part of the electronics industry. Owing to technological development in various industries such as automotive, aerospace, biosciences, there is increased use of electronic components for reliability and precisions in their products, which in turn drives the global electrically conductive adhesives market. The electrically conductive adhesives market is expected to grow with increasing miniaturization of electronic goods and gadgets in various electronics products in coming years. Growth and development in bioscience may fuel the demand for electrically conductive adhesives in the near future. The tremendous growth in the usage of LCD displays, OLED displays, mobiles, laptops, tablets is also expected to drive the demand for electrically conductive adhesives in the coming years.

Electrically Conductive Adhesives Market: Segmentation

The electrically conductive adhesives market has been broadly segmented into type, application and filler material. The type segment of the global market includes isotropic conductive adhesives and anisotropic conductive adhesives. Of these, isotropic conductive adhesives are the largest segment in the global market, which are conductive in both direction, and anisotropic conductive adhesives are conductive in only one direction. The electrically conductive adhesives market is classified based on the application as automotive, aerospace, bioscience, and so on. On the basis of filler, the global market is fragment into the silver filler, graphite filler, and copper filler.

Electrically Conductive Adhesives Market: Regional Analysis

Geographically, the electrically conductive adhesives market is segregated as North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Innovation and emerging startups in North America and Europe are expected to give rise to global electrically conductive adhesives market. Asia-Pacific region is developing as a lucrative market for smartphones, which in turn driving the global market growth in future. Latin America and the Middle East are leading consumers of electronics products, which will drive the global electrically conductive adhesives market growth.

Electrically Conductive Adhesives Market: Competitive Players

Some main participants of the Electrically Conductive Adhesives Market are Henkel AG & Co, H.B. Fuller Company, Panacol-Elosol GmbH, Aremco Products Inc., Ellsworth Adhesives, and United Resin Corp. Other players influencing the global market are Master Bond Inc., Applied Technologies Inc, Stockwell Elastomerics Inc., and PCR Technologies Inc.

Electrically Conductive Adhesives Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa