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Global Electrically Conductive Adhesives Market

Global Electrically Conductive Adhesives Market was valued at US$ 1.89 Bn in 2019 and is expected to reach US$ 3.55 Bn by 2026, at a CAGR of 8.2% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Electrically Conductive Adhesives Market

Global Electrically Conductive Adhesives Market

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Global Electrically Conductive Adhesives Market Dynamics:

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding electrically conductive adhesives market dynamics, structure by identifying and analyzing the market segments and project the global market size.

Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in electrically conductive adhesives market.

The major use of electrically conductive adhesives is to join electrical or electronic components. These adhesives help to complete the circuit as well as maintain the conductivity of the circuit. Electrically conductive adhesives play an extensive role in manufacturing across a wide range of industries such as electronic, solar cell, medical instrument, aerospace, and automotive components.

Electrically conductive adhesive applications include electrical and mechanical attachments for stress-sensitive devices, bonding electronic components to lead frames and circuit materials to heat sinks, and solder replacement. Our electrically conductive adhesives are extremely resilient, featuring excellent conductivity, and are less sensitive to thermal cycling.

Electrically conductive adhesives have qualities such as low shrinkage, moisture resistance, and strong bonds primarily due to the presence of filler materials. Fillers used in electrically conductive adhesives are graphite, nickel, copper, and silver.
Global Electrically Conductive Adhesives Market Segment Analysis:

Based on the chemistry, the epoxy-based adhesives segment has been witnessing significant demand in recent years because of the several advantages that these adhesives offer. Epoxy-based adhesives required short processing time and less handling of assemblies required as a result it provides quicker production.

Based on the filler material, copper is the most lucrative filler segment in the global electrically conductive adhesives followed by silver filler. The silver filler is commonly used due to its high conductivity and stability. However, the cost of conductive adhesives with silver fillers is much higher than usual lead-free solders, so the copper can be a promising candidate for conductive filler metal due to its low resistivity and low cost.

Based on the application, Automotive is the most profitable application segment in the global electrically conductive adhesives market followed by Consumer Electronics & others. Electrically conductive adhesives are widely used in automotive for anti-lock braking systems, engine control units, and transmission control units. Although, in the consumer electronics segment, they are used for flexible connections in various electronic devices.

Electrically conductive adhesives have superior properties due to which they can be used extensively in PV solar panels, touch panel screens, LED/OLEDs, and various other electronic devices. Electrically conductive adhesives are also accomplished by blocking the electromagnetic radiations emitted by electronic devices. Thus, these adhesives are used for electromagnetic shielding.

Based on Morphology, Isotropic conductive adhesives dominate the market. Isotropic conductive adhesives (ICA) are used in applications such as chip contacting and bonding electrically conductive SMDs. Further, Anisotropic conductive adhesives (ACA) contain special conductive particles in the µm range, which conduct electricity only in one direction. These adhesives are used in many sensitive structures on circuit boards, such as LCD connections or contacting flexible PCBs, or for bonding antenna structures on RFIDs.

The market is driven by the increase in the use of electronic components in automotive, aerospace, and various other industries accompanied by the growing trend in the miniaturization of electronic gadgets.
Global Electrically Conductive Adhesives Market Regional Analysis:

Geographically, The Asia-Pacific region is a large market for electrically conductive adhesives owing to the presence of a large number of electronics companies in countries such as Japan, China, South Korea, and Taiwan. The North American electrically conductive adhesives market is projected to expand significantly in the near future, led by the rising demand for these adhesives in the electronics and automotive industries.
Global Electrically Conductive Adhesives Market, Key Highlights:

• Global Electrically Conductive Adhesives Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Electrically Conductive Adhesives Market

• Global Electrically Conductive Adhesives Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Electrically Conductive Adhesives Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Electrically Conductive Adhesives Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Electrically Conductive Adhesives Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Scope of Electrically Conductive Adhesives Market: Inquire before buying

Global Electrically Conductive Adhesives Market, by Chemistry

• Epoxy Based
• Silicone Based
• Acrylic Based
• Polyurethane Based
• Others
Global Electrically Conductive Adhesives Market, by Filler Material

• Silver Fillers
• Copper Fillers
• Carbon Fillers
• Other Fillers
Global Electrically Conductive Adhesives Market, by Application

• Automotive
• Consumer Electronics
• Aerospace
• Biosciences
• Others
Global Electrically Conductive Adhesives Market, by Morphology

• Isotropic Conductive
• Anisotropic Conductive
Global Electrically Conductive Adhesives Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Electrically Conductive Adhesives Market: Key Players

• Henkel AG & Co. KGaA
• H.B. Fuller Company
• Master Bond Inc.
• Panacol-Elosol GmbH,
• Aremco Products, Inc.
• Dow Corning
• 3M Company
• Coatex Industries
• Bacon Adhesives
• Permatex and Kemtron Ltd.
• MG Chemicals
• Ellsworth Adhesives
• United Resin Corp.
• Applied Technologies Inc
• Stockwell Elastomerics

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