Electrically Conductive Adhesives Market Size, Share, and Growth: 2030 Market Projections

Global Electrically Conductive Adhesives Market Size Was Valued at USD 2.27 Billion In 2022 And Is Projected to Reach USD 3.52 Billion By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.

In electronics applications, where components need to be kept in place while electrical current flows between them, electrically conductive adhesives are typically used. Depending on the distance between components, some typical general materials such acrylic-based adhesives, cyanoacrylates, epoxies, and anaerobic adhesives can act as electrical insulators. In order to aid in the thermal management of electronic components and heat sinks by diverting heat away from delicate components, many supplies have strong thermal conductivity. Many electrical charges can still be changed because there is sufficient metal to metal contact as long as there is no glue line control in certain situations, mainly when using an anaerobic or cyanoacrylate adhesive, and parts are effectively touching with adhesives filling in microscopic crevices.

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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Segmentation Analysis of the Electrically Conductive Adhesives Market:

By Type     

• Epoxy
• Silicone
• Polyurethane
• Acrylic
• Other

By Application   

• Automotive
• Aerospace & Defence
• Consumer Electronics
• Bioscience
• Other

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Regional Insights

Geographically, in 2020, the Asia-Pacific region held the most share, contributing roughly 50.33% of the total revenue generated by the worldwide market for electrically conductive adhesives. Furthermore, during the projection period, the Asia-Pacific region is anticipated to see the fastest CAGR.

One of the biggest producers and users of electric cars in Europe is Germany. The country has seen a fall in overall auto sales over the past few years, but registrations for electric vehicles have increased significantly. The ongoing COVID-19 impact is expected to have a significant negative impact on the German economy.

By Region

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Questions Answered:

1. What is the market size and CAGR of the Electrically Conductive Adhesives Market during the forecast period?
2. How is the growing demand impacting the growth of Electrically Conductive Adhesives Market shares?
3. What is the growing demand of the Electrically Conductive Adhesives Market during the forecast period?
4. Who are the leading vendors in the market and what are their market shares?
5. What is the impact of the COVID-19 pandemic on the APAC Electrically Conductive Adhesives Market?

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.

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