The consumption of thermal conductive adhesives is on the rise in integrated circuits as the demand for advanced technologies continues to grow. Increased investments by key stakeholders in energy storage solutions are also driving demand for these adhesives. As a result, the global thermal conductive adhesives market is projected to grow at a CAGR of nearly 6% during the forecast period (2019-2029).

"The dramatic increase in demand for thermal conductive adhesives is attributed to automotive and electronics industry. Rising adoption of eco-friendly and lighter electric vehicles is scaling up the production of thermal conductive adhesives over the forecast period. The global thermal conductive adhesives will expand 1.8X through 2029," projects the Fact.MR study.

Request PDF sample of the 170-page report on the Thermal Conductive Adhesives Market-
https://www.factmr.com/connectus/sample?flag=S&rep_id=4610

Thermal Conductive Adhesives Market – Key Findings

The silicone segment is expected to witness significant growth during the forecast period.
Materials like polymers and silicone are driving the increased use of thermal conductive adhesives in the electronics industry.
The Asia Pacific region is projected to account for approximately 45% of the global thermal conductive adhesives market by 2029.
The North American market will experience notable growth over the forecast period.
Thermal Conductive Adhesives Market – Key Driving Factors

A growing shift towards eco-friendly solutions is fueling the demand for thermal conductive adhesives.
Supportive legislative policies are aiding the market’s expansion.
The presence of advanced R&D infrastructure is accelerating market growth in developed regions.
Capacity expansion initiatives by key players in the automotive and electronics industries will be a major driver of growth through 2029.
Read More: https://www.factmr.com/report/4610/thermal-conductive-adhesives-market

Thermal Conductive Adhesives Market – Key Restraints

Geopolitical instability in certain emerging economies is hindering market growth.
A lack of fundamental knowledge about thermal conductive adhesives is expected to limit the entry of new players through 2029.
Anticipated COVID-19 Impact

The COVID-19 pandemic could have a significant impact on the global thermal conductive adhesives market. Factory shutdowns, along with restrictions on logistics and shipments, are likely to constrain market growth.

In an optimistic scenario, the pandemic might be contained to certain urban areas, allowing manufacturing operations outside affected regions to continue, potentially leading to a surplus in production.

However, the more likely scenario involves widespread shutdowns across the global manufacturing sector, leading to disruptions throughout the value chain. This would weaken domestic markets, reduce consumption, and negatively impact the thermal conductive adhesives industry until normal production levels resume.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4610

Competitive Landscape

Key players profiled in the Fact.MR report include Permabond Engineering Adhesives, DOW Corning, Masterbond, 3M Company, H.B. Fuller, Creative Materials, Inc., Henkel AG & Co. KGaA, and Panacol-Elosol GmbH. Industry leaders are focusing on enhancing the heat transfer properties of thermal conductive adhesives. The growing range of end-use applications is driving manufacturers to expand their product offerings through ongoing R&D efforts. The aerospace, healthcare, automotive, and electronics sectors are key areas of focus for major players in the market.

About the Report

This 170-page study offers in-depth commentary on the thermal conductive adhesives market. The study provides compelling insights on the thermal conductive adhesives market on the basis of type (silicones, epoxies, polyurethanes, acrylics, polyamide), application (battery thermal, heat sink, IC packaging heat conduction, LED lightning thermal, thermal material potting), end-use industry (electronics, aerospace & defense, automotive, energy, healthcare) across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa).

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: [email protected]