Electrically Conductive Adhesives Market Size & Share, by Application (Rubber Chemicals, Dyes, Fragrances), End-user (Agriculture, Pharmaceuticals, Chemical Industries) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 1005
  • Published Date: May 30, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights over 2023-2035

Electrically Conductive Adhesives Market size is estimated to reach USD 30 billion by the end of 2035, growing at a CAGR of 10% during the forecast period i.e., 2023-2035. In the year 2022, the industry size of electrically conductive adhesives was USD 11 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.

Electrically Conductive Adhesives Market
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Electrically Conductive Adhesives Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Miniaturized Electronic Devices: The growing popularity of wearable devices, smartphones, IoT devices, and miniaturized electronics elevates the demand for electrically conductive adhesives. Adhesives offer reliable electrical connections in compact form factors. The number of connected devices worldwide is set to reach 50 billion by the year 2030.
  • Shift towards Lightweight and Flexible Materials: Electrically conductive adhesives offer lightweight and flexible bonding solutions, replacing heavier and rigid alternatives such as soldering or mechanical fasteners.
  • Growing Emphasis on Sustainability: An alignment with the growing consumer and industry preference for environmentally conscious products, increases the adhesives market.


  • High Cost: Electrically conductive adhesives can be more expensive than traditional bonding methods such as soldering or mechanical fasteners. The cost of raw materials, manufacturing processes, and specialized equipment required for their production can contribute to higher overall costs.
  • Limited Conductivity
  • Temperature and Environmental Sensitivity

Electrically Conductive Adhesives Market: Key Insights

Base Year


Forecast Year



~ 10%

Base Year Market Size (2022)

 ~ USD 11 Billion

Forecast Year Market Size (2035)

 ~ USD 30 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Electrically Conductive Adhesives Segmentation

Form (Paste Adhesives, Film Adhesives)

The film adhesives segment is garnering the largest gain in the electrically conductive adhesives market. Film adhesives offer convenient handling and precise application owing to their pre-cut form. This feature simplifies the assembly process, reduces material waste, and enhances production efficiency, leading to potential cost savings for manufacturers. A study reported a 20% reduction in assembly time and a 15% decrease in rework rates when using film adhesives compared to other forms. Film adhesives are well-suited for miniaturized electronic devices due to their thin and uniform structure. The trend towards smaller and more compact electronic devices drives the demand for film adhesives, which enable effective bonding while minimizing added weight or bulkiness.

End Use Industry (Electronics, Automotive, Aerospace, Medical Devices)

The automotive segment is attributed to a significant share in the year 2035. The growth of the segment can be accredited to the increasing electrification of vehicles. The shift towards electric vehicles (EVs) and hybrid electric vehicles (HEVs) drives the demand for electrically conductive adhesives in the automotive sector. These adhesives play a crucial role in bonding and connecting electrical components, such as batteries, power electronics, electric motors, and charging systems, within electric and hybrid vehicles. Automakers are increasingly focused on reducing the weight of vehicles to improve fuel efficiency and reduce emissions.

Our in-depth analysis of the global market includes the following segments:


  • Paste Adhesives
  • Film Adhesives

          End Use Industry

  • Electronics
  • Automotive
  • Aerospace
  • Medical Devices

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Electrically Conductive Adhesives Industry - Regional Synopsis

APAC Market Statistics

The electrically conductive adhesives market in the Asia Pacific region is slated to hold the largest market share by the end of 2035. 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.

Research Nester
Electrically Conductive Adhesives Market Size
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Companies Dominating the Electrically Conductive Adhesives Landscape

    • Henkel AG & Co. KGaA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • 3M Company
    • Dow Inc.
    • H.B. Fuller Company
    • Panacol-Elosol GmbH
    • Master Bond Inc.
    • Aremco Products Inc.
    • Creative Materials Inc.
    • Parker Hannifin Corporation
    • LORD Corporation



In The News

  • Henkel recently announced the expansion of its production facilities for electrically conductive adhesives in China. The company is responding to the increasing demand for electrically conductive adhesives in the Asia Pacific region, particularly in the electronics and automotive sectors. The expansion aims to strengthen Henkel's local manufacturing capabilities and support the growing market needs.
  • 3M unveiled a new electrically conductive adhesive for electronics assembly and bonding applications. The new adhesive offers enhanced thermal management properties, ensuring effective heat dissipation in electronic devices. It provides reliable electrical conductivity and can be used in various applications, including automotive electronics, consumer electronics, and medical devices. The innovation aligns with 3M's commitment to developing advanced solutions for the electronics industry.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 1005
  • Published Date: May 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing emphasis on sustainability is the major factor driving the market growth.

The market size of electrically conductive adhesives is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2035.

The major players in the market are Henkel AG & Co. KGaA, 3M Company, Dow Inc., H.B. Fuller Company, Panacol-Elosol GmbH, Master Bond Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by form, end use industry, and by region.

The film adhesives segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The high cost of the materials is estimated to be the growth hindering factor for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Electrically Conductive Adhesives Market Report Scope

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