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Allied Market Research

Anisotropic Conductive Films Market - Global Opportunity Analysis and Industry Forecast, 2020–2027

A10788
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Aug 2021 | 151 Views
   
Author(s) : Eswara Prasad
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Anisotropic conductive films (ACF) are type of adhesive films that are used as interconnect systems in liquid crystal displays (LCDs), that is lead-free and environmental friendly. These adhesive films help to create stable and more reliable connections and thus prevent short circuits in the electronic devices. Apart from films, this material is also available as anisotropic conductive paste (ACP) and anisotropic conductive adhesives (ACA). ACF has a wide range of applications in different electrical gadgets such as mobile phones, cameras and others. It is also used in several other end-user industries including automobile, healthcare, aerospace, and others. ACF technology is mostly used in chip-on-glass, flex-on-glass, flex-on-board, flex-on-flex, chip-on-flex, chip-on-board, and also has applications for higher signal densities. The rise in demand for ACF can be favored because of its advantages such as lead-free, recyclable, and low production cost.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD)

Segments covered

Adhesive Type, Assembly Conditions, Industry Vertical, and Region

Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA)

Companies covered

Hitachi Chemicals, Kyocer, ThreeBond, 3M, Dexerials Corporation, Pixel Interconnect, DELO Adhesives, SunRay Scientific,Amada MIyachi America, PVA TePla America, Btechcorp, and Loctite.

COVID-19 scenario analysis:

  • The anisotropic conductive films market has been severely affected by the outbreak of the COVID-19 pandemic across the globe.
  • Due to the global economic slowdown caused by the pandemic, the demand for electronic gadgets and automobiles decreased drastically around the world. So the application of ACF’s in these end user industries declined, thereby affecting the growth of the global ACF mar
  • ket.The outbreak of novel coronavirus has hampered with the transportation and production facilities of the industries. The decline in the demand for ACF in commercial electronic gadgets has been offset by the increased demand for various medical electronic gadgets during this pandemic period all over the world.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

One of the major factors responsible for the rise in demand for anisotropic conductive films is rapid technological advancement in electric and electronic gadgets across the globe. The demand for high quality electronic displays has driven the growth of the ACF market. Most of the ACF produced are used in the manufacturing of LCD and OLED displays that have a wide range of application in different industries including the electronics, automobile, aerospace, and others. Moreover, the lower cost, ease of application and chemical &mechanical stability also adds to the growing demand for ACFs in the market. In addition,, these lead-free conductive films are also gaining popularity due to eco-friendly nature and minimal effects on the environment. Recent technological advancements including the development of better anchoring polymer layers for the efficient bonding of ACF's to produce ultrafine resolution for displays is also expected to boost the market growth during the forecast period.

The market in the Asia-Pacific region holds the major share of the global anisotropic conductive films market because of the presence of massive electronic sector in the region and high demand for ACF's in the emerging economies such as India and China. The markets in Europe and North America are also expected to grow at a rapid pace owing to the surge in demand for high quality displays in different industries of the developed nations including the U.S.

Key segments covered:

Segments

Sub-segments

Adhesive Type

  • Epoxy
  • Acrylic

Assembly Conditions

  • Flex on glass
  • Chip on glass
  • Chip on flex
  • Others

Industry Vertical

  • Aerospace
  • Electrical
  • Electronics
  • Automobile
  • Other

Key benefits of the report:

  • This study presents the analytical depiction of the global anisotropic conductive films industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global anisotropic conductive films market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global anisotropic conductive films market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global anisotropic conductive films market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Anisotropic Conductive Films Market research report:

  • What are the leading market players active in the anisotropic conductive films market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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