Electrically Conductive Adhesives Market Size, Share, Sales Volume and Revenue Growth Analysis Research Report 2029 | Introspective market research

Market Overview:
The Global Electrically Conductive Adhesives market was valued at USD 2.15 billion in 2021 and is expected to reach USD 3.16 billion by the year 2028, at a CAGR of 5.63%.

Most commonly, electrically conductive adhesives are utilized in electronic applications where components must be held in place while electrical current flows between them. Depending on the distance between components, the majority of common adhesives (such as anaerobic, cyanoacrylates, epoxies, and acrylic-based adhesives) function as electrical insulators. Some offer enhanced thermal conductivity to facilitate the thermal management of electronic components and heat sinks by directing heat away from sensitive components. Due to the lack of glue line control in many situations (especially when using an anaerobic or cyanoacrylate adhesive) and the fact that parts are effectively touching (with adhesives filling microscopic crevices), some electrical charge can still be transferred due to the sufficient metal-to-metal contact.

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Market Dynamics:
Driver:
Electronic adhesives are primarily utilized in surface-mounting, substrate assembly on PCBs and semiconductors, potting & encapsulations, as well as the manufacturing & assembly of electronic circuits and products. The market for electronics is comprised of numerous industry verticals, including computers, communications, consumer goods, industrial, medical, and automobiles. Different types and formulations of adhesives are required for diverse electronic products. The increasing demand for miniaturization/automation of mobile devices, touch screens & displays, and medical electronic systems is a major factor propelling the global electronics industry. Electronic adhesives consumption has increased as a result of the growing demand for these products.

Opportunities:
The number of electronic chemical and material companies implementing newer versions of technologies is highest in North America. The United States-based Dow Chemical Company has dominated the market for electronic adhesives due to the superior quality of its products. Continuous innovations, R&D activities, and development strategies adopted by market participants such as the 3M Company (US) and H.B. Fuller (US) create an opportunity for the development of eco-friendly, non-toxic electronic adhesives for electronics and semiconductor applications.

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The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis

Market Segmentation
Segmentation Insights
Based on Type, the anisotropic segment accounted for the largest share, with about 82.22% of the total revenue of the global electrically conductive adhesives market, in 2020. Moreover, the anisotropic segment is expected to witness the fastest CAGR over the forecast period. Isotropic electrically conductive adhesives are composites of adhesive resins with conductive fillers, such as silver flakes. Therefore, considering the increasing applications of Isotropic ECAs from various end-user sectors, the demand for the market studied is likely to rise in the coming years.
• Epoxy
• Silicone
• Polyurethane
• Acrylic
• Other

Based on Application, the printed circuit board segment accounted for the largest share, with about 34.82% of the total revenue of the global electrically conductive adhesives market, in 2020. However, the automotive electronics segment is expected to witness the fastest CAGR over the forecast period.
• Automotive
• Aerospace & Defence
• Consumer Electronics
• Bioscience
• Other

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Regional Insights
By geography, Asia-Pacific accounted for the largest share, with about 50.33% of the total revenue of the global electrically conductive adhesives market, in 2020. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR over the forecast period.
Germany is one of Europe's largest producers and consumers of electric vehicles. Even though general car sales in the country have been in decline, electric vehicle registrations have shown tremendous growth over the past few years. The German economy has been forecasted to take a high hit due to the ongoing COVID-19 impact.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Electrically Conductive Adhesives market are:
• 3M
• Aremco
• Creative Materials Inc.
• Dow
• H.B. Fuller Company
• Henkel AG & Co. KGaA
• HITEK Electronic
• Materials Ltd
• Master Bond Inc.
• MG Chemicals
• Panadol-Elosol GmbH
• Parker Hannifin Corp.
• Permabond LLC
• Bostik and others major players.

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Key Industry Developments
In 2017, H.B. fuller purchased the royal adhesive & sealants to extend its manufacturing capacity, and another collaboration in September 2017, among Dow chemical company and DuPont happened.

3M had developed a new plant to improve the capacity of Sodium Formate-based Pergrip Run NF. By the new partner Dalshult, 3M has accepted to build the plant to granulate solid Sodium Formate Deicer. The new plant is huge funding and will improve the availability and security of distribution for Pergrip Run NF.

The Report will help the Readers
- Figure out the market dynamics altogether.
- Inspect and scrutinize the competitive scenario and the future Electrically Conductive Adhesives market landscape with the help of different strictures including Porter's five forces.
- Understand the impact of different government regulations throughout the global health crisis and evaluate the Electrically Conductive Adhesives market condition in the tough time.
- Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services.
- Have a compact idea of the highest revenue generating segment.

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