이방성 전도 필름 시장 : 유형, 용도, 기판 재료, 지역별(2024-2031년)

Anisotropic Conductive Film Market Valuation - 2024-2031

The growing demand for anisotropic conductive film (ACF) is primarily driven by its use in sophisticated electrical and display technologies. ACFs are essential in the production of many electronic devices because they enable the reliable connection of components on a circuit board. This film offers both electrical conductivity and mechanical stability which are required for high-performance electronics by enabling the market to surpass a revenue of USD 3.04 Billion valued in 2024 and reach a valuation of around USD 4.27 Billion by 2031.

The increasing use of ACFs in automotive and industrial applications is driving market expansion. In the automotive sector, ACFs are employed in advanced driver assistance systems (ADAS) and infotainment systems to ensure the proper operation of complicated electronic components. As vehicles become more technologically advanced with increased usage of sensors and electronic control units, the demand for ACFs in automotive applications grows by enabling the market to grow at a CAGR of 4.78 % from 2024 to 2031.

Anisotropic Conductive Film Market: Definition/ Overview

Anisotropic Conductive Film (ACF) is a specialized material used in electronics to make secure electrical connections between various components on a circuit board. Unlike other conductive materials, ACF transmits electricity in only one way, hence the word "anisotropic," which means "directionally dependent." ACF's unique feature makes it very valuable in situations requiring precise electrical paths.

Anisotropic Conductive Film (ACF) is frequently utilized in electronics due to its unique ability to allow electrical conductivity in one direction while insulating in others. One of the most common applications for ACF is the assembling of liquid crystal displays (LCDs) and touchscreens. In these devices, ACF connects the display panel to the printed circuit board (PCB). Its anisotropic structure ensures that electrical signals are correctly passed between the two components while preventing short circuits.

ACF provides a dependable solution for connecting numerous electronic components within these systems assuring strong performance in the harsh automotive environment. With the demand for more integrated and sophisticated automotive electronics, ACF's role in guaranteeing high-quality, long-lasting connections will become increasingly important.

Will the Growing Demand for Consumer Electronics Drive the Anisotropic Conductive Film Market?

The increasing demand for consumer electronics is a major driver of the anisotropic conductive film (ACF) market. As consumer electronics become more complex and compact, the demand for efficient and reliable connecting solutions has skyrocketed. ACF's capacity to deliver high-density connections in a tiny form factor makes it ideal for usage in smartphones, tablets, laptops, and other portable devices.

According to the US Bureau of Labor Statistics, the Consumer Price Index for personal computers and related equipment fell by 3.6% between February 2023 and February 2024 indicating increased affordability and possible consumer demand. Furthermore, the United States Census Bureau estimated that computer and electronic product manufacturing shipments will equal $347.2 billion in 2022 illustrating the consumer electronics industry's substantial size.

The growth of smart devices and the Internet of Things (IoT) increases the demand for ACF. According to the National Institute of Standards and Technology (NIST), the number of IoT-connected devices is expected to reach 41.6 billion by 2025. This exponential development in connected devices demands advanced connectivity technologies like as ACF to provide consistent performance in increasingly small form factors. Furthermore, the United States Department of Energy forecasts that the global market for smart home devices is estimated to reach $135 billion by 2025 indicating a significant possibility for ACF applications in home automation and smart appliances.

Will the Environmental and Regulatory Problems Hamper the Anisotropic Conductive Film Market?

Environmental and regulatory concerns have a substantial impact on the anisotropic conductive film (ACF) market. ACF materials are produced and disposed of using potentially toxic compounds which raises environmental problems. According to the US Environmental Protection Agency (EPA), electronic waste including abandoned ACF components accounts for around 70% of hazardous waste in landfills. According to the Environmental Protection Agency's 2021 report on electronic waste management, just 15% of e-waste is adequately recycled underscoring the urgent need for enhanced disposal methods in the ACF industry.

Furthermore, the European Union's Restriction of Hazardous Substances (RoHS) Directive restricts the use of some hazardous elements in electrical and electronic equipment including several components used in ACF manufacturing. The EU Commission's 2022 review of RoHS implementation discovered that while compliance has improved, problems persist in the electronics supply chain possibly harming ACF manufacturers and consumers. Regulatory frameworks designed to reduce electronic waste and promote sustainable electronics manufacture are growing more restrictive. The United Nations University's Global E-waste Monitor 2020 reported that global e-waste generation reached 53.6 million metric tons in 2019 with projections that this figure could rise to 74.7 million metric tons by 2030.

Category-Wise Acumens

Will High Adhesion Strength and Thermal Stability Drive Growth in the Type Segment?

Film Type ACF is currently the dominant segment over the forecast period. This dominance stems mostly from its better performance qualities and wide compatibility with a variety of electronic components and substrates. The adhesive material used in Film Type ACFs is thermoplastic film which has a high adhesion strength, thermal stability, and great mechanical qualities. These characteristics make them ideal for electronics applications requiring great dependability such as display modules, touch panels, and semiconductor packaging. The film's stability at high temperatures enables consistent performance in challenging settings which is critical for consumer electronics and automotive applications that require durability.

The paste type ACF is gaining popularity because of its distinct benefits, particularly in applications demanding flexibility and fine pitch capability. Paste Type ACFs use conductive adhesive paste as the bonding medium which allows for low-temperature bonding and makes them ideal for use with fragile or heat-sensitive components. This sort of ACF is especially beneficial for connecting devices with curved surfaces or uneven substrates which are becoming more frequent in modern electronic products such as flexible displays and wearable electronics. The paste's flexibility allows it to adjust to different surface profiles increasing its application in creative electronic designs.

Will the Unique and Innovative Design Drive the Application Segment?

The primary application is in LCD screens. This domination stems from the extensive usage of ACFs in the manufacture of numerous display devices such as smartphones, tablets, laptops, monitors, and televisions. LCD panels require precise and dependable bonding of flexible printed circuit (FPC) connectors to glass substrates or driver integrated circuits (ICs) for which ACFs are ideal. The increased demand for high-definition and larger display screens combined with advances in display technology fuels the need for effective interconnection solutions. ACFs provide good electrical conductivity while keeping the flexibility required for current display assemblies making them essential in the manufacture of LCD panels.

The use of ACFs in flexible displays is gaining popularity and has the potential to challenge the dominance of LCD panels in the future. The advent of flexible OLED displays, foldable displays, and rollable displays has opened up new potential for ACFs which are required to provide electrical connections between flexible substrates, driver ICs, and display components. Flexible screens are gaining popularity due to their unique design options and use in high-end consumer goods like folding smartphones and advanced wearables. This sector's growth is fueled by advancements in display technology and the increasing need for adaptable, portable electronic gadgets.

Country/Region-wise Acumens

Will Increasing Demand for the Consumer Electronics Sector Drive the Market in the North American Region?

The Anisotropic Conductive Film (ACF) market in North America is predicted to rise significantly owing to increasing demand in the consumer electronics sector. The United States, in particular, dominates this industry owing to its strong technology infrastructure and high consumer expenditure on electronic gadgets. The consumer electronics business in North America, particularly in the United States has been steadily growing. According to the U.S. Bureau of Economic Analysis, consumer expenditure on electronics and appliances climbed by 12.4% in 2021 over the previous year. This spike in consumer electronics demand directly affects the ACF market because these films are critical components in numerous electronic products such as smartphones, tablets, laptops, and wearables.

The U.S. Census Bureau reported that computer and electronic product manufacturing contributed USD 301.5 Billion to GDP in 2020 emphasizing the sector's economic importance. Furthermore, the US Department of Commerce's International Trade Administration predicts that the US consumer electronics market will reach USD 505 Billion by 2024 expanding at a 6% CAGR. This increase is linked to rising disposable income, technical developments, and the growing popularity of smart home devices. The development of 5G technology is also likely to increase demand for ACF which necessitates modern electrical components in devices and infrastructure.

Will the Rapid Industrialization and Technological Advancements Drive the Market in the Asia Pacific Region?

The Asia Pacific region is poised to be the fastest-growing market for anisotropic conductive film (ACF) due to rapid industrialization and technological advancements. This expansion is mostly driven by countries like China, Japan, South Korea, and Taiwan which are at the forefront of electronic production and innovation. Rapid industrialization in the Asia Pacific region is a major driver of the ACF market. According to the Asian Development Bank, industrial production in emerging Asia will rise by 6.5% in 2023 with manufacturing playing a large role. China, the region's largest economy, increased industrial production by 4.6% year on year in December 2023, according to the National Bureau of Statistics of China.

This industrial expansion has resulted in increased demand for electronic components and displays in which ACF is widely utilized. The semiconductor industry, a major consumer of ACF has also experienced significant expansion in the region. According to World Semiconductor Trade Statistics (WSTS), the Asia Pacific semiconductor market is predicted to increase by 14.7% in 2024, reaching USD 340 Billion. Another important driver of the ACF market is regional technological improvements. The Asia Pacific region has emerged as a powerhouse for electronic and advanced manufacturing research and development.

Competitive Landscape

The Anisotropic Conductive Film Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the anisotropic conductive film market include:

Henkel AG & Co. KGaA

3M Company

Hitachi Chemical Co., Ltd.

Sumitomo Bakelite Co., Ltd.

Panasonic

LG Chem, Ltd.

Son

Creative Materials, Inc.

Latest Developments

In September 2022, SunRay Scientific successfully created a magnetic Anisotropic Conductive Epoxy (ACE), allowing for dependable interconnects on textiles and is specifically built for wearable devices. This new ACE solution has an amazing pitch as low as 50µm and is currently under development. The newly developed ACE by SunRay Scientific has exceptional structural bonding qualities, removing the need for further encapsulation.

Anisotropic Conductive Film Market, By Category

• Type:
• Film Type ACF
• Paste Type ACF
• Application:
• LCD Panels
• Printed Circuit Boards (PCBs)
• Camera Modules
• Touch Panels
• Substrate Material:
• Glass Substrates
• Plastic Substrates
• Metal Substrates
• Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Anisotropic Conductive Film Market, By Application

• LCD Panels
• Printed Circuit Boards (PCBs)
• Camera Modules
• Touch Panels
• Flexible Displays
• Wearable Electronics
• Automotive Electronics

5. Anisotropic Conductive Film Market, By Type

• Film Type ACF
• Paste Type ACF

6. Anisotropic Conductive Film Market, By Substrate Material

• Glass Substrates
• Plastic Substrates
• Metal Substrates

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Showa Denko Materials
• Dexerials Corporation
• 3M
• H&S HighTech
• U-PAK
• AMADA WELD TECH
• PVA TePla America
• Henkel
• 3T Frontiers

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References