Electrically Conductive Additives Market is Forecasted to Reach USD 12.3 Billion in 2028, Says Stratview Research

The global Electrically Conductive Additives Market is projected to witness a growth rate of 7.1% annually from 2023 to 2028, with an anticipated size of USD 12.3 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Electrically Conductive Additives Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3215/electrically-conductive-additives-market.html#form

Report Highlights: `
Market Size in 2028: USD 12.3 billion
Growth (CAGR): 7.1% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Electrically Conductive Additives Market:
The global Electrically Conductive Additives Market is segmented by material type, application type, end-use industry type & region

Based on the material type: The electrically conductive additives market is segmented into carbon black, graphite, CNT, CNF, graphene, silver, stainless steel, nickel powder, copper powder, and others. In terms of value, silver is expected to remain the largest material type in the market, whereas in terms of volume, carbon black remains at the forefront during the forecast period. Electrically conductivity applications account for more than 1% of the carbon black market. Unlike other carbon additives, where there is a sheer dominance of electrical conductivity, in graphite, thermal conductivity is dominant. Silver is a relatively small market in terms of consumption; however, the exorbitantly high price of silver clearly makes it at the top of the market in terms of value-wise market.

Based on the application type: The market is segmented into plastics, compounds, adhesives, sealants, coatings, inks, elastomers, and energy storage. In terms of value, the inks segment is expected to remain dominant, whereas energy storage is anticipated to be the fastest-growing application type in the market during the forecast period. Energy storage is likely to offer winning opportunities during the forecast period. The segment is anticipated to mark a double-digit growth, in terms of both, value and volume, during 2023-2028.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3215/electrically-conductive-additives-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market for electrically conductive additives during the forecast period. This growth outlook is majorly attributed to the following-
• There exists a high manufacturing footprint in almost all the major markets such as automotive, industrial, E&E, and consumer goods, in the country.

North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in vehicle production which is anticipated to create a huge demand for ECAs in the automotive industry.

Electrically Conductive Additives Market Drivers:
The growth of the Electrically Conductive Additives Market is driven by several factors.
• The electrically conductive additives market is primarily driven by the increasing demand for EMI (electromagnetic interference) shielding, which is fueled by the rising integration of electronic components across diverse end-use industries.
• Additionally, emerging technologies such as 5G networks, the Internet of Things (IoT), and advanced driver assistance systems (ADAS) are accelerating the need for high-performance conductive materials.
• There is a noticeable trend of replacing traditional materials with additive-based electro-conductive alternatives. For example, electrically conductive adhesives (ECAs) are steadily replacing lead-based solders, while silver nanowire-based conductive inks are being adopted as substitutes for indium tin oxide (ITO) in foldable and flexible electronics. Likewise, conductive plastics are gaining traction over metals in EMI shielding applications.
• The automotive, electrical & electronics, aerospace & defense, industrial, and consumer goods sectors continue to be major contributors to the increasing demand for ECAs.

Top 10 Companies in the Electrically Conductive Additives Market:
Stratview Research has identified the following companies as the top market players:
Carbon Family
• Cabot Corporation
• Aditya Birla Carbons
• Orion Engineered Carbons S.A.
• Tokai Carbon
• Imerys Group
• Asbury Carbons
Silver Family
• Dowa Electronics Co., Ltd.
• Tanaka Holdings, Co., Ltd.
• Ames Goldsmith Corporations
Others
• Bekaert N.V.
• Ametek, Inc.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Electrically Conductive Additives Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Conductive Carbon Additives Market: https://www.stratviewresearch.com/3218/conductive-carbon-additives-market.html
• Electrically Conductive Carbon Additives Market: https://www.stratviewresearch.com/3216/electrically-conductive-carbon-additives-market.html

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This release was published on openPR.