Global Conductive Glue Market Overview:
The global market for conductive glue is majorly attributed towards increasing electronic industry. The growing need of conductive glue in the applications such as surface mount devices, wire-tacking, potting and encapsulation, conformal coating has also equestrian the demand. Surface mounting devices contribution to the global market is quiet impressive and also making it a leading market in the application segment.
Growth Drivers
- Increasing demand for electronic gadgets
Roadblocks
- Fluctuating prices of raw materials
Opportunities
- Electrically conductive adhesives are in high demand in the Asia Pacific region
Challenges
- Lack of Long- term performance data
Competitive Landscape:
A Well-established market of Conductive Glue appears to be highly competitive and fragmented owning to a large number of developed players along small key players adorning it. Well-established players constitute acquisition, partnership, product & technology launch in order to gain competitive advantage in this market and to maintain their market position.
Some of the key players profiled in the report are Henkel (Germany), 3M Company (United States), Evonik Industries (Germany), Dow Corning (United States), Mitsui Chemicals (Japan), LG Chemical (South Korea), BASF SE (Germany), Alent PLC (United Kingdom), Kyocera Chemical Corp (Japan) and Indium Corporation (United States). Analyst at AMA Research see German Manufacturers to retain maximum share of Global Conductive Glue market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Conductive Glue market. Considering Market by Packaging Type, the sub-segment i.e. Tube will boost the Conductive Glue market.
On February 1, 2019- 3M has announced that it has completed the acquisition of M*Modal’s technology business. M*Modal’s technology business provides AI-powered systems that help physicians efficiently capture and improve the patient narrative so they can spend more time with their patients and provide higher quality of care.
What Can be Explored with the Conductive Glue Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Conductive Glue Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Conductive Glue
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Conductive Glue market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Conductive Glue market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.