The global electrically conductive adhesives market reached a value of US$ 2.34 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.09 Billion by 2027, exhibiting at a CAGR of 4.89% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Electrically conductive adhesives refer to the materials used for connecting electrical and electronic wires and circuits. They are also used for the dispersion of metallic particles and inducing conductivity in a polymeric matrix. Some of the commonly used electrically conductive adhesives include polyurethane, acetates, epoxies, silicones and polyimides. They are widely used in electronic touch panels, coatings, radio frequency identification (RFID) chips and mounting light-emitting diodes (LEDs). They exhibit various advantageous properties, such as low curing temperatures, compatibility with non-solderable materials, superior adhesion and enhanced fatigue and moisture resistance. They can also block the electromagnetic radiations emitting from various electronic devices. As a result, these adhesives are widely used across various industries, including aerospace, medical, automotive and electronics.
Significant growth in the electronics industry across the globe is one of the key factors creating a positive outlook for the market. Electrically conductive adhesives are widely used as filler components in silver, copper, aluminum and iron products for superior adhesion and enhanced durability. Moreover, the increasing demand for single-part and two-part epoxy adhesives in power electronics is providing a thrust to the market growth. The adhesives are used for circuit assembly and altering heat curing or hot soldering. They also aid in eliminating the requirement for additional fasteners and bolts. In line with this, the launch of miniaturized electronic devices with light, thin and small-sized components is also contributing to the growth of the market. Various product innovations, such as the development of paste-based electrically conductive adhesives, are acting as other growth-inducing factors. Product manufacturers are also developing premixed frozen syringes for convenient adhesive application on screens and small electronic components. Other factors, including the implementation of stringent safety regulations, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
The publisher provides an analysis of the key trends in each sub-segment of the global electrically conductive adhesives market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, chemistry, filler material and application.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Aremco Products Inc., Creative Materials Inc., Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Kemtron Ltd., Master Bond Inc., MG Chemicals, Panacol-Elosol GmbH (Dr. Hönle AG), Parker-Hannifin Corporation and Permabond LLC.
Electrically conductive adhesives refer to the materials used for connecting electrical and electronic wires and circuits. They are also used for the dispersion of metallic particles and inducing conductivity in a polymeric matrix. Some of the commonly used electrically conductive adhesives include polyurethane, acetates, epoxies, silicones and polyimides. They are widely used in electronic touch panels, coatings, radio frequency identification (RFID) chips and mounting light-emitting diodes (LEDs). They exhibit various advantageous properties, such as low curing temperatures, compatibility with non-solderable materials, superior adhesion and enhanced fatigue and moisture resistance. They can also block the electromagnetic radiations emitting from various electronic devices. As a result, these adhesives are widely used across various industries, including aerospace, medical, automotive and electronics.
Electrically Conductive Adhesives Market Trends:
Significant growth in the electronics industry across the globe is one of the key factors creating a positive outlook for the market. Electrically conductive adhesives are widely used as filler components in silver, copper, aluminum and iron products for superior adhesion and enhanced durability. Moreover, the increasing demand for single-part and two-part epoxy adhesives in power electronics is providing a thrust to the market growth. The adhesives are used for circuit assembly and altering heat curing or hot soldering. They also aid in eliminating the requirement for additional fasteners and bolts. In line with this, the launch of miniaturized electronic devices with light, thin and small-sized components is also contributing to the growth of the market. Various product innovations, such as the development of paste-based electrically conductive adhesives, are acting as other growth-inducing factors. Product manufacturers are also developing premixed frozen syringes for convenient adhesive application on screens and small electronic components. Other factors, including the implementation of stringent safety regulations, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global electrically conductive adhesives market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, chemistry, filler material and application.
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
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Aremco Products Inc., Creative Materials Inc., Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Kemtron Ltd., Master Bond Inc., MG Chemicals, Panacol-Elosol GmbH (Dr. Hönle AG), Parker-Hannifin Corporation and Permabond LLC.
Key Questions Answered in This Report:
- How has the global electrically conductive adhesives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global electrically conductive adhesives market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the chemistry?
- What is the breakup of the market based on the filler material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global electrically conductive adhesives market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global Electrically Conductive Adhesives Market
What is the estimated value of the Global Electrically Conductive Adhesives Market?
What is the growth rate of the Global Electrically Conductive Adhesives Market?
What is the forecasted size of the Global Electrically Conductive Adhesives Market?
Who are the key companies in the Global Electrically Conductive Adhesives Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | March 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 2.34 Billion |
| Forecasted Market Value ( USD | $ 3.09 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Electrically Conductive Adhesives Market
6 Market Breakup by Type
7 Market Breakup by Chemistry
8 Market Breakup by Filler Material
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- Aremco Products Inc.
- Creative Materials Inc.
- Dow Inc.
- H.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.
Methodology
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