What is Conductive Epoxy Market?
Conductive epoxy is the type of epoxy adhesive. Thermally conductive adhesives provide superior heat dissipation for a wide range of electronic applications. In addition, it includes epoxies, silicones as well as other elastomeric products. A company such as 3M Company (United States) provides electrically conductive adhesive transfer tape, which is low outgassing acrylic adhesive and provides Anisotropic Z-axis electrical conductivity. Increasing usage of conductive epoxy in various applications such as conductive bonds between heats sensitive components, solderless surface mount connections, circuit board trace repair, static discharge and grounding, solder repair, conductive structural adhesions, among others are likely to be the prime driver for market growth.
The market study is being classified, by Application (Circuit Board Trace Repair, Static Discharge and Grounding, Solder Repair, Conductive Structural Adhesions and Others) and major geographies with country level break-up.
Henkel AG & Co. KGaA (Germany), H.B. Fuller (United States), 3M Company (United States), Permabond Engineering Adhesives, Masterbond (United States), Creative Materials Inc. (United States), Panacol-Elosol GmbH (Germany), DOW Corning (United States), Polytec PT GmbH (Germany) and Lord Corporation (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are MG Chemicals (Canada), Protavic America, Inc. (United States), Aremco Products Inc. (United States) and Cast-Coat, Inc. (United States).
The global conductive epoxy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Conductive Epoxy market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Conductive Epoxy market by Type, Application and Region.
On the basis of geography, the market of Conductive Epoxy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Conductive Epoxy in Solderless Surface Mount Connections
- Rising Demand from Electronics and Electrical Industry
Market Trend
- Technology Advancement regarding Conductive Epoxy
Restraints
- Stringent Rules and Regulation and Volatility in Raw Material Prices
Opportunities
- Growing Demand from Asia Pacific Region and End-Use Industries
Challenges
- Problem related to Conductivity and Resistivity of the Materials
According to FDA, “Existing major regulations affecting your device can be found in the Code of Federal Regulations, Title 21, Parts 800 to 898. In addition, FDA may publish further announcements concerning your device in the Federal Register”.
Key Target Audience
Manufacturers of Conductive Epoxy, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others