The fast growth of the electronic sector and the use of automated and mechanization solutions are expected to propel the conductive glue market forward. At a strong CAGR of 6.8%, the conductive glue market is expected to reach USD 3.2 billion by 2025.
In the projection period, developing novel and smart materials such as metal nanowires, silicon-based electrically conductive adhesives, carbon nanotubes, and nickel nanotubes will fuel market growth.
Segmental Analysis
The global market has been segmented based on product type, type, application, and region. By application, the conductive glue market has been divided into aerospace, healthcare, automotive, consumer electronics, and telecom. Based on resin, the conductive glue market has been categorized as acrylic, silicone, polyurethane, and epoxy. The conductive glue market, by region, has been segregated into North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. Based on product type, the conductive glue market has been categorized into isotropic conductive glue and anisotropic conductive glue.
Detailed Regional Analysis
The global Conductive Glue Market was investigated in five important regions: Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Asia-Pacific is expected to have the biggest market share for conductive glue during the projection period. This is since Japan, South Korea, and China have large consumer electronics and electronic manufacturing bases. Due to substantial industrial growth and development, the region is predicted to continue to grow strongly during the forecast period. North America and Europe are expected to increase steadily during the projection period. The conductive glue market in Latin American nations such as Brazil, Mexico, and Argentina is predicted to increase at a healthy rate throughout the projection period. This expansion can be ascribed to the region's improving economic outlook and increased industrial development. The growth in the Middle East and Africa is expected to be moderate.
Competitive Analysis
During the projection timeframe, the market is expected to gain a lot from market signals while also examining its customer base to suit their wants better. The market's players are anticipated to seek supply chain revisions to encourage the market's expansion into new sectors and demographics. The global market's reaction to increased efficiency levels is projected to unleash fresh and dramatic transformations in the approaching future. In the next year, the increase in business interests is expected to put market competitors in a better position during the forecast period. Because of the government's involvement in re-energizing the international market, the different regional markets will continue to grow steadily. The new growth endeavors are expected to boost the company's future goal attainment trend and are thus regarded as critical to its expansion. Businesses in the market are expected to incorporate social impact aims shortly, ushering in a new planning phase in the industry. In the coming years, digital aspects of business operations are expected to become more prominent.
The distinguished companies in the conductive glue market are Master Bond Inc. (US), Panacol-Elosol GmbH (Germany), KYOCERA Corporation (Japan), MG Chemicals (UK), 3M Company (US), Dow (US), Mitsui Chemicals (Japan), Henkel AG & Co. KGaA (Germany), Aremco Products Inc. (US), B. Fuller Company (US), Indium Corporation (US), Evonik Industries (Germany), Parker Hannifin Corp (US), Creative Materials Inc. (US) and Soliani Emc SRL (Italy).
News
Jan 2022 The SV2 from BotFactory is a single product that includes a conductive ink printer, solder paste extruder, pick-and-place machine, and reflow bed to allow you to create prototype PCBs in minutes. The SV2 has numerous heads to conduct its various jobs, and it switches between them automatically as needed. First, it uses its print head to lay down layers of conductive and insulating inks on a substrate to construct a multi-layer circuit (in addition to standard FR4) with track widths as thin as eight mil. After that, it uses its paste head to apply conductive glue or solder paste to the component pins. The components are automatically placed on the extruded paste using the pick-and-place head. These items can be delivered via tape or a multi-compartment tray.
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