Global Conductive Adhesive Tapes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Conductive Adhesive Tapes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Conductive adhesive tape is a kind of metal foil or conductive cloth with high conductive adhesive. The conductive adhesive and conductive substrate make up a complete conductive body. It can be bonded to any metal surface to complete the electrical overlap and the electrical seal of the gap. Moreover, conductive adhesive tape is an economical and convenient shielding material. It is used to seal the seams of EMI shielding rooms, housings and electronic equipment, and to shield cables, provide a reliable grounding surface, and provide electrical contact to surfaces that cannot be

Market Overview:

The latest research study on the global Conductive Adhesive Tapes market finds that the global Conductive Adhesive Tapes market reached a value of USD 467.38 million in 2022. It’s expected that the market will achieve USD 731.03 million by 2028, exhibiting a CAGR of 7.74% during the forecast period.

First of all, marketing channel sales will be affected differently, the COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some Conductive Adhesive Tapes enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

In addition, upstream and downstream interactions will lead to disruption of business. The epidemic will have a short-term impact on Conductive Adhesive Tapes industry, but it is relatively limited. The transportation of raw materials and products is restricted, resulting in an increase in product inventory and a decrease in equipment operating rate. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in Conductive Adhesive Tapes industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business. Apart from this, the COVID-19 outbreak has resulted in the closing down of several manufacturing facilities across the globe. The pandemic caused huge revenue losses in end-use industry. The coronavirus lockdown put a brake on the production of several key raw materials in the global market, which, in turn, spiked the prices and lowered the demand for the product. The strict lockdown mandates imposed by governments have restricted cross-border trade between countries, another factor proving to be detrimental for the conductive adhesive tapes market share. In addition, conductive adhesive tapes manufacturers are drawing up plans for the international market as a new supply link in the global conductive adhesive tapes industry, as companies look to re-engineer supply chains in the aftermath of COVID-19. Also, it is expected that the product demand in end-user sectors could pick up following the uplift of the lockdown in numerous countries.

Moreover, the COVID-19 virus outbreak has affected the normal operation of the industry. The impact of COVID-19 on the Conductive Adhesive Tapes industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises. Although various industries around the world are gradually resuming work, production and demand will not pick up rapidly and substantially, and will require a certain recovery period.

Inherent advantages of conductive adhesive tapes

Conductive adhesive tapes provide thermal or electrical conductivity and are available in single sided and double-sided version. Shielding of electronic devices from electromagnetic wave interference in high dynamic flex situation is comparatively difficult task than installing electronic devices. Conductive adhesive tapes also offer high-performance bonding in non-messy format. Laptop & Television cables, electronic circuits, metal enclosures medical rooms and similar other devices requires shielding and grounding. The conductive adhesive tapes offer the significant amount of prevention to the materials from electromagnetic interferences. Conductive adhesive tapes provide heat transfer path between heat generating components and heat sinks or other devices. These tapes can be used for insulation in fans, heat spreaders, heat pipes, and electric circuits. A large number of application areas and increment in technology innovations and digitalization are boosting the global conductive adhesive tapes market. Furthermore, conductive adhesive tapes are available with different adhesives and variety of materials used for another side. The demand for increasing consumer awareness towards safety is enhancing the market value of conductive adhesive tapes in household applications. Conductive adhesive tapes provide a perfect solution for small fixing problems in electronics & circuits. Conductive adhesive tapes are also available for void filling, cushioning, and shock absorbing. The key manufacturers are preferring conductive adhesive tapes to provide an appropriate fixing solution to end consumers. The global conductive adhesive tapes market is estimated to expand due to the growth of consumer electronics industry.

Fluctuations in raw material prices

The price of commodities, raw materials and components, including silicone, copper, aluminum, the largest raw material categories, have been volatile in prior years, and the cost, quality and availability of such commodities have been significantly affected in recent years by, among other things, changes in global supply and demand, changes in laws and regulations (including tariffs and duties), changes in exchange rates and worldwide price levels, natural disasters, labor disputes, terrorism and political unrest or instability. These factors could lead to further price increases or supply interruptions in the future. As discussed above, in the short term, rapid changes in raw material costs can be very difficult for manufactures to offset with price increases because, in the case of many of contracts, suppliers have committed to selling prices for goods and services for periods of one year, and occasionally longer. Manufactures' profit margins could be adversely affected if commodity, raw material and component costs remain high or escalate further, and, manufactures are unable to pass along a portion of the higher costs to customers. Price variance caused by fluctuations in raw material prices, which is not conducive to the development of the industry.

Region Overview:

In 2021, the share of the Conductive Adhesive Tapes market in North America stood at 36.04%.

Company Overview:

3M is one of the major players operating in the Conductive Adhesive Tapes market, holding a share of 16.68% in 2022.

3M

3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M serves customers worldwide.

Nitto Denko

Nitto Denko Corporation manufactures and markets a wide range of chemical products which are used as materials for industrial and electronic components. The Company's products include materials for sealants, semiconductors, and wrappings. Nitto Denko has a network of sales and manufacturing subsidiaries worldwide.

Segmentation Overview:

By type, Double-sided segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment Consumer Electronics, with a market share of 64.25% in 2021.

Key Companies in the global Conductive Adhesive Tapes market covered in Chapter 3:

tesa SE
Scapa
SIKA
PPI Adhesive Products
ENOEL New Material
Saint-Gobain
Polymer Science
Nitto Denko
Chomerics
TERAOKA
3M
Intertape Polymer Group
Laird

In Chapter 4 and Chapter 14.2, on the basis of types, the Conductive Adhesive Tapes market from 2018 to 2029 is primarily split into:

Single-sided
Double-sided

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Conductive Adhesive Tapes market from 2018 to 2029 covers:

Consumer Electronics
IoT
Medical Device
Automotive
General Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)