DALLAS, March 14, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the conductive filler market looks promising with opportunities in the consumer electronics, automotive, industrial, and aerospace industries. 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 major drivers for this market are growth in consumer electronics and increasing demand for compact, high performance, and high density electronic products.
Browse 146 market data tables and 159 figures spread through 242 pages and in-depth TOC on “Global Conductive Filler Market" at https://www.lucintel.com/conductive-filler-market.aspx
In this market, different types of conductive filler such as carbon black, graphite, carbon fiber, alumina, copper, silver, steel, and others are used as product type. Lucintel 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.
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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.
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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. Cabot Corporation, Showa Denko K.K, Orion Engineered Carbon, Nippon Light Metal, Dowa Electronics, Asbury Carbon, and Almatis Corporation and others are among the major conductive filler manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global conductive filler market by product type, by application, by end use industry, by function, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Conductive Filler Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com