Materials & Chemicals Market Research News

New report: The global electrically conductive adhesives market is expected to reach $2.3 billion by 2022

Materials & Chemicals Research

Lucintel anticipates that Asia Pacific will be the fastest growing region for the global electrically conductive adhesives market


According to a new market report published by Lucintel, the future of the global electrically conductive adhesives market is attractive with opportunities in various end use industries, including automotive, consumer electronics, aerospace and defense, biosciences, and others. The global electrically conductive adhesives market is expected to reach an estimated $2.3 billion by 2022 and it is forecast to grow at a CAGR of 6.6% from 2017 to 2022.

The major drivers for growth in this market are: electronic components such as PCBs and semiconductors, increasing trends towards miniaturization of electronic devices, and replacement of soldering with conductive adhesives due to environmental and health concerns.
In this market, automotive, consumer electronics, aerospace and defense are the major end use industries.