Henkel recently announced the expansion of its production facilities for electrically conductive adhesives in China. The company is responding to the increasing demand for electrically conductive adhesives in the Asia Pacific region, particularly in the electronics and automotive sectors. The expansion aims to strengthen Henkel's local manufacturing capabilities and support the growing market needs.
3M unveiled a new electrically conductive adhesive for electronics assembly and bonding applications. The new adhesive offers enhanced thermal management properties, ensuring effective heat dissipation in electronic devices. It provides reliable electrical conductivity and can be used in various applications, including automotive electronics, consumer electronics, and medical devices. The innovation aligns with 3M's commitment to developing advanced solutions for the electronics industry.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 1005
Published Date: May 30, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing emphasis on sustainability is the major factor driving the market growth.
The market size of electrically conductive adhesives is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.
The major players in the market are Henkel AG & Co. KGaA, 3M Company, Dow Inc., H.B. Fuller Company, Panacol-Elosol GmbH, Master Bond Inc., and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by form, end use industry, and by region.
The film adhesives segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The high cost of the materials is estimated to be the growth hindering factor for the market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.