According to the recent study the conductive filler market is projected to reach an estimated $6.8 billion by 2028 from $6.5 billion in 2023, at a CAGR of 1.5% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for conductive fillers in LI-ion batteries to improve the performance, increasing adoption of electric vehicle, growth in consumer electronics and increasing demand for compact, high performance, and high density electronic products.
Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in conductive filler market by product (carbon black, graphite, carbon fiber, alumina, copper, silver, steel, and others), application (plastics, adhesives, coatings, battery and others), end use industry (consumer electronics, automotive, industrial, aerospace, and others), function type (electrical and thermal), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Silver market is expected to remain the largest segment during the forecast period.”
Based on product, the conductive filler market is segmented into carbon black, graphite, carbon fiber, alumina, copper, silver, steel, and others. Lucintel forecasts that the silver market is expected to remain the largest segment. Growth in demand for conductive adhesive for semiconductor packaging application will drive the silver filler market.
“Within the conductive filler market, the consumer electronics segment is expected to remain the largest technology”
Based on technology the consumer electronics segment is expected to witness the highest growth over the forecast period due to increasing demand for conductive fillers in EMI/RFI and ESD/Antistatic application in consumer electronics and growth in wearable electronics, portable computers, LED, and smart television.
“Asia pacific will dominate the conductive filler market in near future”
Asia Pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period supported by growth in consumer electronics and automotive industries.
Major players of conductive filler market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cabot Corporation, Showa Denko K.K, Orion Engineered Carbon, Birla Carbon, Imerys, Nippon Light Metal, Dowa Electronics, Asbury Carbon, and Almatis Corporation are among the major conductive filler providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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