Global Conductive Adhesives Market: Market Driver and Restraint
Global Conductive Adhesives is driven by the increase in use of electronic components in various industries such as aerospace, automotive, bioscience and consumer electronics, among others. While the Conductive Adhesives market is growing at a significant rate, the high cost of raw materials hampers the market growth. Moreover, stringent environmental regulations for volatile organic compounds (VOC) emissions further affecting the demand of Conductive Adhesives, negatively.
Global Conductive Adhesives Market: Forecast by Chemistry
This segment includes epoxy, silicone, acrylic and others. Epoxy Based Adhesive segment is expected to remain dominant in the global Conductive Adhesives market throughout the forecast period with a production share of 69.32% in 2018.
Global Conductive Adhesives Market: Forecast by Application
Application segment consists of Automotive Market, Consumer Electronics, Aerospace Market, Biosciences Market, and others. In 2017, the Consumer Electronics segment was estimated to be 1588.4 K Kg, followed by Automotive Market, which was 971.1 K Kg in 2017.
Global Conductive Adhesives Market: Forecast by Region
China, North America, Europe, Japan, South Korea, Taiwan, and Rest of World are the seven regions that are included in this report. North America is the dominant market in the global Conductive Adhesives market in terms of production. The North America Conductive Adhesives market was estimated to be valued at US$ 837.92 Mn in 2017. The China market is expected to expand at a robust rate over the forecast period due to the steadily increasing production capacity in this region.
Global Conductive Adhesives Market: Key Players
Henkel, H.B. Fuller, DOW Corning, Panacol-Elosol, 3M, Aremco Products, Mereco Technologies, Holland Shielding, M.G. Chemicals, Masterbond and Kemtron are the key vendors included in this report.
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