Press release
Conductive Adhesive Market to Witness Robust Expansion by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Conductive Adhesive market.Conductive adhesive (also known as electrically conductive adhesive) is a glue that is primarily used for electronics. The conductive component can be silver, copper or graphite. Other conductive materials are possible but unusual. The sticky component can be a varnish (of one component) or a synthetic resin (of one or two components).
As Chinese overall economic downward trend in the past few years, and international economic situation are complicated, in the next few years there will be many uncertainties. Currently in the domestic market, some highly sophisticated areas of conductive adhesive used are mainly dominated by imports: TeamChem Company, Ablistick Company, 3M Company occupied the most IC and LED market, Sumitomo and Taiwan Yihua are also involved in these fields. Japan Three-Bond Company controls the entire quartz crystal resonator conductive adhesive. Domestic conductive adhesive is mainly used in some low-end products; this market is mainly occupied by the Shanghai Research Institute of Synthetic Resins.
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Global Conductive Adhesive Market: Forecast by Type / Application / Region
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into this field. Technology and cost are two major problems.
Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shortening compared with the imported equipment.
Over the next five years, LPI(LP Information) projects that Conductive Adhesive will register a 4.9% CAGR in terms of revenue, reach US$ 270 million by 2023, from US$ 200 million in 2017.
Global Conductive Adhesive Market: Key Players
Henkel
Uninwell
Dow Corning
3M
ThreeBond
Hitachi
TeamChem
Epoxy
Panacol-Elosol
SUMITOMO ELECTRIC
Creative Materials
Rogers Corporation
Shanghai Huayi
Dongguan New Orient
Nanjing XILITE
Foshan Resink
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Related Information:
United States Conductive Adhesive Market Research Report 2018
Europe Conductive Adhesive Market Research Report 2018
North America Conductive Adhesive Market Research Report 2018
Asia-Pacific Conductive Adhesive Market Research Report 2018
China Conductive Adhesive Market Research Report 2018
EMEA Conductive Adhesive Market Research Report 2018
Global Conductive Adhesive Market Research Report 2018
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