Electrically Conductive Adhesives Market Size, Trends, Scope and Competitive Landscape Outlook to 2016-2024
Zion Market Research, the market research group announced the analysis report titled ‘Electrically Conductive Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024′
Global Electrically Conductive Adhesives Market: Overview
Electrically conductive adhesives are liquid or fluid monomer materials, which are polymerized to the thermosetting polymer on heating. The polymer network electrically insulates along with electrical resistivity. They have small conductive particles, which cause electric conductivity and flow of electric current in the component. Primarily electrically conductive adhesives are the glue that is used in electronics. Conductive components are usually copper, silver or graphite and the fluid component is synthetic resins, varnish, or combinations of both. Electrically conductive adhesives offer the superb alternative to lead-solder interconnection in microelectronic packaged applications. These adhesives are used in electrical interconnect, thermal, and structural bonding to improve the reliability of electronic systems. Electrically conductive adhesives are used in various electronics equipment such as laptop computers, desktops, electronics watch, camcorders, hard-drive suspensions and others
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Global Electrically Conductive Adhesives Market: Growth Factor
For years, electrically conductive adhesives have been an integral part of the electronics industry. Owing to technological development in various industries such as automotive, aerospace, biosciences, there is increased use of electronic components for reliability and precisions in their products, which in turn drives the global electrically conductive adhesives market. The electrically conductive adhesives market is expected to grow with increasing miniaturization of electronic goods and gadgets in various electronics products in coming years. Growth and development in bioscience may fuel the demand for electrically conductive adhesives in the near future. The tremendous growth in the usage of LCD displays, OLED displays, mobiles, laptops, tablets is also expected to drive the demand for electrically conductive adhesives in the coming years.
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Global Electrically Conductive Adhesives Market: Segmentation
The electrically conductive adhesives market has been broadly segmented into type, application and filler material. The type segment of the global market includes isotropic conductive adhesives and anisotropic conductive adhesives. Of these, isotropic conductive adhesives are the largest segment in the global market, which are conductive in both direction, and anisotropic conductive adhesives are conductive in only one direction. The electrically conductive adhesives market is classified based on the application as automotive, aerospace, bioscience, and so on. On the basis of filler, the global market is fragment into the silver filler, graphite filler, and copper filler.
Global Electrically Conductive Adhesives Market: Regional Analysis
Geographically, the electrically conductive adhesives market is segregated as North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Innovation and emerging startups in North America and Europe are expected to give rise to global electrically conductive adhesives market. Asia-Pacific region is developing as a lucrative market for smartphones, which in turn driving the global market growth in future. Latin America and the Middle East are leading consumers of electronics products, which will drive the global electrically conductive adhesives market growth.
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Global Electrically Conductive Adhesives Market: Competitive Players
The key players in the electrically conductive adhesives market are Henkel AG & Co, H.B. Fuller Company, Panacol-Elosol GmbH, Aremco Products Inc., Ellsworth Adhesives, and United Resin Corp. Other players influencing the global market are Master Bond Inc., Applied Technologies Inc, Stockwell Elastomerics Inc., and PCR Technologies Inc.
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