세계의 전도성 접착제 시장 예측 : 유형별, 화학제품별, 필러별, 용도별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Electrically Conductive Adhesives Market is accounted for $3.3 billion in 2024 and is expected to reach $5.3 billion by 2030 growing at a CAGR of 8.3% during the forecast period. Electrically conductive adhesives (ECAs) are specialized materials that combine the bonding properties of adhesives with the ability to conduct electricity. They typically consist of a polymeric matrix embedded with conductive fillers such as silver, gold, or carbon-based materials. ECAs are widely used in the electronics industry for applications like attaching components to printed circuit boards (PCBs), replacing traditional soldering in some contexts. They offer advantages such as lower processing temperatures, flexibility, and compatibility with a variety of substrates, making them ideal for delicate or heat-sensitive electronic assemblies.

According to the India Brand Equity Foundation (IBEF), by 2030 the aerospace and defense (A&D) sector of India is expected to reach US$70 billion

Market Dynamics:

Driver:

Advancements in automotive electronics

Advancements in automotive electronics, such as the integration of advanced driver-assistance systems (ADAS), electric and hybrid vehicle components, and in-car entertainment systems, are significantly driving the demand for electrically conductive adhesives. These adhesives are essential for creating reliable electrical connections in increasingly complex automotive electronic systems. They offer advantages like improved conductivity, flexibility, and the ability to bond diverse materials, which are crucial for modern automotive designs. As vehicles become more technologically sophisticated, the need for durable, efficient, and adaptable conductive adhesives continues to grow, fueling market expansion.

Restraint:

Limited temperature range

The Limited Temperature Range restraint in the Electrically Conductive Adhesives (ECAs) market refers to the narrow spectrum of temperatures within which these adhesives can effectively perform. While ECAs offer excellent conductivity and bonding properties, they often have a restricted operational temperature range, typically between -40 °C and 150 °C. This limitation poses challenges for applications requiring extreme temperature conditions, such as automotive under-the-hood electronics or aerospace components subject to wide temperature fluctuations. Manufacturers are continually striving to enhance the thermal stability of ECAs to mitigate this constraint and expand their applicability across diverse industries.

Opportunity:

Renewable energy

The Electrically Conductive Adhesives (ECAs) market presents a significant opportunity within the realm of renewable energy. As the demand for sustainable energy sources grows, ECAs offer a versatile solution for bonding and interconnecting components in renewable energy systems such as solar panels, wind turbines, and energy storage devices. By replacing traditional soldering methods, ECAs reduce the environmental impact associated with manufacturing and assembly processes. Moreover, ECAs enable the development of lightweight and flexible electronic systems, enhancing the efficiency and durability of renewable energy technologies. This shift towards ECAs not only aligns with the goals of sustainability but also fosters innovation in the renewable energy sector, driving further advancements in green technologies.

Threat:

Material costs and availability

The Material Costs and Availability Threat in the Electrically Conductive Adhesives (ECA) Market pertains to the challenges associated with the sourcing and pricing of key materials required for producing ECAs. Fluctuations in material costs, especially for conductive fillers like silver, can significantly impact the overall production expenses and subsequently influence product pricing. Additionally, limited availability or disruptions in the supply chain for these materials can lead to production delays and hinder market growth. Proactive strategies such as diversifying suppliers and investing in research for alternative materials can help mitigate these risks and ensure stability in the ECA market.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the electrically conductive adhesives (ECAs) market. With disruptions in global supply chains and manufacturing operations, the production and distribution of ECAs faced challenges. Reduced demand from industries like automotive, electronics, and aerospace further dampened market growth. However, the pandemic also accelerated trends like remote work and digitalization, leading to increased demand for electronic devices, which partially mitigated the decline. Companies in the ECAs sector had to adapt their strategies, focusing on innovation, cost optimization, and diversification, to navigate the volatile market landscape.

The copper segment is expected to be the largest during the forecast period

The growth of the copper segment in the Electrically Conductive Adhesives (ECA) market can be attributed to several factors. Copper offers excellent electrical conductivity, making it a preferred choice for ECA formulations, particularly in applications requiring high conductivity. Advancements in manufacturing technologies have enabled the production of copper-based ECAs with improved performance and reliability. Additionally, the increasing demand for ECAs in electronics manufacturing, particularly in sectors like automotive, consumer electronics, and telecommunications, has fueled the growth of the copper segment. Moreover, the trend towards miniaturization of electronic devices necessitates materials with superior conductivity and reliability, further driving the adoption of copper-based ECAs.

The solar cells segment is expected to have the highest CAGR during the forecast period

The Solar Cells segment within the Electrically Conductive Adhesives (ECAs) market has experienced notable growth due to several factors. With the rising demand for renewable energy sources, solar energy has become increasingly popular, driving the need for efficient and reliable solar cell technologies. Electrically conductive adhesives play a crucial role in bonding and interconnecting solar cells within photovoltaic modules, enhancing their performance and durability. Additionally, advancements in ECA formulations have improved conductivity and reliability, further fueling their adoption in solar applications. The push for sustainable and environmentally friendly solutions has propelled the integration of ECAs in solar panel manufacturing processes.

Region with largest share:

In recent years, North America has witnessed substantial growth in the Electrically Conductive Adhesives (ECA) market. This growth can be attributed to several factors, including increasing demand from various industries such as electronics, automotive, and aerospace. The region's robust manufacturing sector and significant investments in research and development have also contributed to market expansion. Additionally, rising awareness regarding the advantages of ECAs over traditional soldering methods, such as their ability to bond dissimilar materials and reduce thermal stress, has spurred adoption. Furthermore, stringent regulations regarding environmental sustainability have led to a shift towards eco-friendly adhesives, further boosting the demand for ECAs in North America.

Region with highest CAGR:

The Asia-Pacific region has experienced significant growth in the Electrically Conductive Adhesives (ECAs) market, driven by several factors. Increased adoption of electronic devices, particularly in emerging economies like China and India, has fueled demand for ECAs in manufacturing processes. Additionally, advancements in technology and the growing trend towards miniaturization have boosted the use of ECAs in various industries, such as automotive, consumer electronics, and healthcare. Furthermore, the region's robust manufacturing infrastructure and favorable government initiatives supporting the electronics industry have contributed to the expansion of the ECA market.

Key players in the market

Some of the key players in Electrically Conductive Adhesives market include 3M, Aremco Products, Creative Materials Inc., DowDuPont, HB Fuller Company, Henkel AG & Co. KGaA, HITEK Electronic Materials Ltd, Holland Shielding, Kemtron, M.G. Chemicals, Masterbond, Mereco Technologies, Panacol-Elosol GmbH, Parker Hannifin Corp. and Permabond.

Key Developments:

In January 2024, Panacol-USA Exhibits at ATX Automation Technology Expo West, February 6-8, 2024. A member of the global Honle Group, will be exhibiting at ATX West 2024, booth #4552, in Anaheim, California, from February 6-8, 2024. Panacol-USA will be displaying the most recent LED adhesive curing systems manufactured by Dr. Honle AG, Germany. These systems include the Bluepoint LED ECO, which is a spot curing unit that can power up to four LED heads from a single controller.

Types Covered:

• Anisotropic Conductive Adhesives
• Isotropic Conductive Adhesives

Chemicals Covered:

• Acrylic
• Epoxy
• Polyurethane
• Silicone
• Other Chemicals

Fillers Covered:

• Copper
• Silver
• Carbon
• Nickel
• Platinum
• Gold
• Aluminum
• Other Fillers

Applications Covered:

• Biosciences
• Solar Cells
• LCD Displays
• LED Lighting
• Printed Circuit Boards
• Radio Frequency Identification (RFID)
• Flexible Conductors
• Other Applications

End Users Covered:

• Medical and Healthcare
• Automotive
• Marine
• Aerospace
• Consumer Goods
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Electrically Conductive Adhesives Market, By Type

• 5.1 Introduction
• 5.2 Anisotropic Conductive Adhesives
• 5.3 Isotropic Conductive Adhesives

6 Global Electrically Conductive Adhesives Market, By Chemicals

• 6.1 Introduction
• 6.2 Acrylic
• 6.3 Epoxy
• 6.4 Polyurethane
• 6.5 Silicone
• 6.6 Other Chemicals

7 Global Electrically Conductive Adhesives Market, By Filler

• 7.1 Introduction
• 7.2 Copper
• 7.3 Silver
• 7.4 Carbon
• 7.5 Nickel
• 7.6 Platinum
• 7.7 Gold
• 7.8 Aluminum
• 7.9 Other Fillers

8 Global Electrically Conductive Adhesives Market, By Application

• 8.1 Introduction
• 8.2 Biosciences
• 8.3 Solar Cells
• 8.4 LCD Displays
• 8.5 LED Lighting
• 8.6 Printed Circuit Boards
• 8.7 Radio Frequency Identification (RFID)
• 8.8 Flexible Conductors
• 8.9 Other Applications

9 Global Electrically Conductive Adhesives Market, By End User

• 9.1 Introduction
• 9.2 Medical and Healthcare
  • 9.2.1 Fingertip Pulse Oximeters
  • 9.2.2 Hearing Aids
  • 9.2.3 Drug Releasing Pumps
  • 9.2.4 Other Medical and Healthcare
• 9.3 Automotive
  • 9.3.1 Heavy Commercial Vehicles (HCV)
  • 9.3.2 Passenger Car
  • 9.3.3 Light Commercial Vehicles (LCV)
• 9.4 Marine
  • 9.4.1 Naval
  • 9.4.2 Cargo
  • 9.4.3 Other Marine
• 9.5 Aerospace
  • 9.5.1 Commercial
  • 9.5.2 Military
  • 9.5.3 Other Aerospace
• 9.6 Consumer Goods
  • 9.6.1 Laptop
  • 9.6.2 Dryers
  • 9.6.3 Computer
  • 9.6.4 Other Consumer Goods
• 9.7 Other End Users

10 Global Electrically Conductive Adhesives Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 3M
• 12.2 Aremco Products
• 12.3 Creative Materials Inc.
• 12.4 DowDuPont
• 12.5 HB Fuller Company
• 12.6 Henkel AG & Co. KGaA
• 12.7 HITEK Electronic Materials Ltd
• 12.8 Holland Shielding
• 12.9 Kemtron
• 12.10 M.G. Chemicals
• 12.11 Masterbond
• 12.12 Mereco Technologies
• 12.13 Panacol-Elosol GmbH
• 12.14 Parker Hannifin Corp.
• 12.15 Permabond