The global electrically conductive adhesives market is projected to reach USD 2.53 Billion by 2021 at a CAGR of 8.48%. It is driven by the increase in use of electronic components in various industries such as aerospace, automotive, and consumer electronics, among others.Browse 26 market data tables and 57 figures spread through 131 pages and in-depth TOC on this report - http://www.marketsandmarkets.com/Market-Reports/electrically-conductive-adhesives-market-210298995.html
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Electrically Conductive Adhesives Market by Type, Chemistry, Application, Filler Material - Global Forecast to 2021
Electrically Conductive Adhesives Market by Type, Chemistry (Epoxy, Silicone, Acrylic, Polyurethane), Application (Automotive, Aerospace, Consumer Electronics, Biosciences), Filler Material - Global Forecast to 2021
The global electrically conductive adhesives market is projected to reach USD 2.53 Billion by 2021 at a CAGR of 8.48%. It is driven by the increase in use of electronic components in various industries such as aerospace, automotive, and consumer electronics, among others.
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Epoxy based adhesives accounted for the highest demand in the electrically conductive adhesives market
The epoxy based adhesives segment has been witnessing significant demand in recent years due to the several advantages that these adhesives offer. Epoxy based adhesives provide quicker production throughput due to the shorter processing time and less handling of assemblies required. These adhesives have a short curing time, which makes them suitable for quick cold solder repairs of electronic devices, providing excellent electromagnetic interference (EMI) / radio-frequency interference (RFI) shielding and filling in seams between metal plates. This segment accounted for the largest market share, in terms of value and volume, in 2015.
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This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Automotive and consumer electronics are major areas of application
The major end-users of electrically conductive adhesives are the automotive, aerospace, biosciences, and consumer electronics industries. Automotive and consumer electronics are the key users of electrically conductive adhesives among all the application areas. ECAs are widely used for anti-lock braking systems, engine control units and transmission control units in automotive. Whereas, in the consumer electronics segment, they are used for flexible connections in various electronic devices.
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Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (U.S.), Master Bond Inc. (U.S.), Panacol-Elosol GmbH (Germany), Aremco Products Inc. (U.S.), Dow Corning (U.S.) and 3M Company (U.S.), are the leading companies, with an excellent foothold in the global market. These companies are expected to account for a significant market share in the near future.
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