Report Code: A07295 | Pages: NA | Mar 2023 | 1144 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Conductive Adhesive Market
Request Now !Conductive Adhesive Market Analysis 2020-2027:
Conductive adhesive is a material that permit the progression of power along with adhesion and can also be called as cold solder. These adhesives are fundamentally used for electrical conductivity and simple fix through grip or holding. Various types of conductive adhesives are available in the market, such as silicone, epoxy, acrylate, and polyurethane. Among all, epoxy has the shortest and easiest production, which garners high share in the global conductive adhesive market along with wide range of applications.
COVID-19 impact analysis
The emergence of COVID-19 has restricted the growth of this market to notable extent, except in the healthcare sector. This can be highly credible to active nature of healthcare sector to deal with pandemic situation and resulting usage of conductive adhesive in several healthcare applications. On the other hand, several other industries have become non-operational for a definite period in 2020 to prevent the spread of the virus, which has created wide supply–demand gap, thereby negatively impacting the market growth, globally.     Â
Drivers of global conductive adhesive market
The development of the IoT industry is expected to fuel the growth of the global conductive adhesive market. In addition, the growth of the global market is anticipated to be driven by the fast development of electronic industry and appropriation of computerization and mechanization arrangements across differing industry verticals, which majorly include automotive, aviation, general assembling, human services, and chemical & pharmaceutical.
Conductive adhesive consists of conductive components, which include silver, graphite, nickel, copper, and therefore are preferred over conventional soldering method. Conductive adhesives provide fine pitch printing and enhanced flexibility, which have led to their increased adoption in the consumer electronics industry. Thus, surge in  penetration of consumer electronics devices such as smartphone, laptops, cameras, tablets, and other devices is boosting the demand for conductive adhesives. Moreover, trending electronics concepts such as flexible printed circuit boards, LCD connections, and bonding antenna structure are expected to offer potential growth opportunities for the expansion of the global conductive adhesive market.Â
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Questions answered in the conductive adhesive market research report:
Conductive Adhesive Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Mitsui Chemicals, Aremco Products Inc, B. Fuller Company, Indium Corporation, KYOCERA Corporation, Evonik Industries, MG Chemicals, Parker Hannifin Corp Master Bond Inc., Panacol-Elosol GmbH, 3M Company |
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