Electrical Industry Today

Electrically Conductive Adhesives Market 2023 Landscape and Opportunity, Industry Analysis 2030 | 3M, Aremco

The global electrically conductive adhesives market size was valued at USD 2275.55 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 5.61% from 2023 to 2030.
Published 27 June 2023

The electrically conductive adhesives market has gained significant traction in recent years due to the increasing demand for innovative electronic devices and the growing emphasis on miniaturization and lightweight construction. Electrically conductive adhesives are adhesive materials with conductive properties that enable them to replace traditional soldering methods in various applications. These adhesives offer advantages such as improved flexibility, thermal management, and ease of application, making them a preferred choice in sectors like consumer electronics, automotive, aerospace, and medical devices. The market for electrically conductive adhesives is expected to witness steady growth, driven by advancements in electronic packaging technologies, rising adoption of electric vehicles, and the continuous development of smart devices and wearable electronics.

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The study delves into the current state of the Electrically Conductive Adhesives Market while also examining expected future growth, technological advancements, investment opportunities, market economics, and financial data. By conducting an industry SWOT analysis, the research offers crucial insights based on a thorough market examination. It sheds light on market growth drivers, market growth restraints, current market trends, and the economic and financial structure of the industry.

Competitive Analysis:

The Electrically Conductive Adhesives Market is highly competitive, with numerous prominent players vying for dominance. These companies are placing a strong emphasis on product innovation, strategic partnerships, and mergers and acquisitions as key strategies to enhance their market standing.

Key Players: 3M, Aremco, Creative Materials Inc., Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, HITEK Electronic Materials Ltd, Master Bond Inc., MG Chemicals, Panacol-Elosol GmbH, Parker Hannifin Corp., Permabond LLC, and Bostik

The Global Electrically Conductive Adhesives Market Segmentation:

★ By Chemistry Type: Epoxy, Silicone, Polyurethane, Acrylic, Other Chemistry Types

★ By Type: Isotropic, Anisotropic

★ By Application: Solar Cells, Automotive Electronics, LED Lightning, Printing Circuit Board, LCD Displays, Other Applications

Key Region/Countries are Classified as Follows:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ Latin America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Opportunities:

The electrically conductive adhesives market is expected to benefit from the growing application in the electric vehicle sector. The increasing sales of electric vehicles worldwide present significant growth prospects for the market. According to the International Energy Agency (IEA), global electric vehicle sales have been rapidly increasing, with around 10 million electric cars registered on the roads globally in 2020, showing a spike of over 40% year-on-year despite the pandemic. Electrically conductive adhesives offer thermal and UV curable options, making them a viable alternative to lead-based solder for electronic assembly and other applications. These properties create potential market opportunities for electrically conductive adhesives.

Pricing Analysis:

Effective pricing analysis plays a pivotal role in influencing consumer choices when it comes to purchasing goods and services. By conducting a comprehensive price analysis, companies gain valuable insights into how their prices stack up against those of competitors and substitute products. The market is characterized by its research-intensive nature, with significant investments directed towards product analysis and research and development. This unwavering commitment to innovation is projected to fuel substantial growth in the Electrically Conductive Adhesives Market throughout the forecast period spanning from 2023 to 2030.

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Important Pointers That the Report Recognizes:

● Market size and growth rate over the analysis period.

● The industry's top suppliers and providers.

● A SWOT analysis of each business.

● A PEST analysis by geography.

● The advantages and disadvantages experienced by the market's current sellers 

● Leading participants take on strategic projects.

Estimating sales and revenue:

To forecast the full market size and to estimate forecast numbers for the key regions covered in the report, in addition to categorised and well-recognized Types and end-use industries, historical revenue and sales volume are presented. Additional data is triangulated using top-down and bottom-up approaches.

Table of Content:

● Market Overview: It has five chapters and includes details on the study's objectives, time period, major manufacturers included, market segments, market segments, and research's scope.

● Market Environment: The Global Electrically Conductive Adhesives Market's competition is assessed in this section in terms of price, turnover, revenues, and market shares by organisation, as well as market rate, competitive landscape, and recent developments, as well as transaction, growth, sale, and market shares of leading companies.

● Companies Profiles: Based on sales, primary products, gross profit margin, revenue, price, and growing production, the top players in the worldwide market are analysed.

● Regional Market Outlook: This segment's gross margin, sales, income, supply, market share, CAGR, and market size are all covered in the study. The regions and nations covered in-depth in this study include North America, Europe, and the Asia-Pacific region, the Middle East and Africa, and South America.

● Market Segments: It includes a thorough analysis that explains how various end-user/application/type segments affecting the Market.

● Production Forecast: In this section of the report, the authors have concentrated on forecasting production and production value, key producers, and production and production value by type.

● Research Findings: The findings and analysis of the report are presented in this portion of the report.

● Conclusion: The conclusion of the research study is presented in this section of the report, which is also its final paragraph.

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