World News: 13:19 GMT Tuesday 28th May 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, May 28, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering
The global conductive filler market is expected to reach an estimated $5.8 billion by 2023 with a CAGR of 5% from 2018 to 2023.
The future of the conductive filler market looks promising with opportunities in the consumer electronics, automotive, industrial, and aerospace industries. The major drivers for this market are growth in consumer electronics and increasing demand for compact, high performance, and high density electronic products.Emerging trends, which have a direct impact on the dynamics of the conductive filler industry, include increasing demand of carbon nanotube for electrical conductivity for ESD and EMI applications and development of low cost solution such as silver coated copper filler to reduce the cost of precious metal based filler.
The analyst forecasts that silver will remain the largest filler type by value and carbon black will remain the largest filler by volume. Growth in demand for conductive adhesive for semiconductor packaging application will drive the silver filler market. Within the conductive filler market, consumer electronics will remain the largest end use industry over the forecast period due to increasing demand for wearable electronics, portable computers, and smart television. Asia Pacific is expected to remain the largest market by value and volume, and also witness the highest growth over the forecast period supported by growth in consumer electronics and automotive industries.
Some of the conductive filler companies profiled in this report include Cabot Corporation, Showa Denko K.K, Orion Engineered Carbon, Birla Carbon, Imerys, Nippon Light Metal, Dowa Electronics, Asbury Carbon, and Almatis Corporation and others.
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Related Topics: Plastic Additives
Globe Newswire: 13:19 GMT Tuesday 28th May 2019
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