Electrically Conductive Adhesives Industry - Regional Synopsis
APAC Market Statistics
Asia Pacific industry is poised to hold largest revenue share of 45% by 2037. This growth is owing to the increasing investments in renewable energy. APAC countries are actively investing in renewable energy sources, such as solar and wind power. Electrically conductive adhesives play a vital role in the assembly and interconnection of components in renewable energy systems, including solar panels and wind turbines. The region's focus on renewable energy contributes to the demand for these adhesives in APAC.
North American Market Forecast
The electrically conductive adhesives market in the North American region is projected to account for substantial growth. The growth is ascribed to the strong electronics and semiconductor industry. North America has a well-established electronics and semiconductor industry. The region is home to prominent electronics manufacturers, semiconductor companies, and research institutions. North America is home to several prominent companies in the electronics and semiconductor industry, including Intel Corporation, Qualcomm Incorporated, Texas Instruments Incorporated, Micron Technology Inc., Apple Inc., and many others.
