According to the latest report by IMARC Group, titled “Electrically Conductive Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. The global electrically conductive adhesives market reached a value of US$ 2.34 Billion in 2021. Electrically conductive adhesives (ECAs) are materials used to join electronic and electrical wires and circuits. Some commonly used ECAs include silicones, epoxies, polyurethane, acetates and polyimides. They have low curing temperature, excellent fatigue and moisture resistance, superior adhesion and compatibility with non-solderable materials. Consequently, ECAs find extensive applications across the electronics, automotive, aerospace and medical industries.
| Also Read: Global Electrical Steel Market Report 2027 |
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Electrically Conductive Adhesives Market Trends:
The global electrically conductive adhesives market is primarily driven by the expanding electronics sector and escalating demand for epoxy and silicone-based adhesives in power electronics. Additionally, increasing ECA applications in touch panels, coating and bonding radio frequency identification (RFID) chips, and mounting light-emitting diodes (LEDs) have augmented the product demand. Furthermore, leading manufacturers are developing paste-based ECAs and premixed frozen syringes for convenient adhesive application on screens and small electronic components, thereby bolstering the market growth. Other factors, including the rising trend of miniaturized electronic devices, implementation of stringent safety regulations and ongoing research and development (R&D) activities, are also anticipated to propel the market growth. Looking forward, IMARC Group expects the market to reach US$ 3.09 Billion by 2027, exhibiting at a CAGR of 4.89% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
- 3M Company
- Aremco Products Inc.
- Creative Materials Inc.
- Dow Inc.
- B. Fuller Company
- Henkel AG & Co
- KGaA
- Kemtron Ltd.
- Master Bond Inc.
- MG Chemicals
- Panacol-Elosol GmbH (Dr. Hönle AG)
- Parker-Hannifin Corporation
- Permabond LLC.
Key Market Segmentation:
Breakup by Type:
- Isotropic Conductive Adhesives
- Anisotropic Conductive Adhesives
Breakup by Chemistry:
- Epoxy
- Silicone
- Acrylic
- Polyurethane
- Others
Breakup by Filler Material:
- Silver Fillers
- Carbon Fillers
- Copper Fillers
- Others
Breakup by Application:
- Automotive
- Consumer Electronics
- Aerospace
- Biosciences
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
