Electrically Conductive Adhesives Market Size

Electrically Conductive Adhesives Market size was over USD 12.09 Billion in 2023 and is set to cross USD 41.24 Billion by the end of 2036, growing at more than 9.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of electrically conductive adhesives is estimated at USD 13.17 Billion. The electronics industry uses electrically conductive adhesives. They offer several advantages over traditional soldering or mechanical fastening methods, such as lower processing temperatures, compatibility with heat-sensitive components, and improved durability. For instance, in electronics, they are used for bonding surface-mount devices, attaching heat sinks, connecting flex circuits, and sealing electronic components.

Electrically conductive adhesives are designed to provide a strong bond between components or substrates while also allowing the flow of electricity. Hence, these adhesives find applications in medical electrodes, biosensors, and implantable devices.