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Anisotropic Conductive Film Market Trends

Report ID: GMI5955
Published Date: Jun 2023
Report Format: PDF

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Anisotropic Conductive Film Business Trends

The anisotropic conductive film market is showcasing several notable trends that are shaping its trajectory. Firstly, there is a growing demand for miniaturization and thinner electronic devices across various industries. As a result, ACF is increasingly being used in applications that require fine-pitch interconnections, such as flexible displays, IoT devices, and medical electronics. The trend towards smaller, more compact devices is driving the need for ACF solutions that offer high density and reliable connections while occupying minimal space.

Secondly, the development of advanced technologies like 5G, Internet of Things (IoT), and augmented reality (AR) is fueling the demand for ACF. These technologies require efficient and reliable interconnections between different components to enable seamless communication and functionality. ACF provides the necessary electrical and mechanical connections required for these advanced applications, making it a crucial component in their development and deployment. As these technologies continue to evolve and become more widespread, the demand for ACF is set to grow in parallel.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of anisotropic conductive film exceeded USD 1.8 billion in 2022 and is estimated to record USD 3.3 billion by 2032 due to the higher application in assembly and interconnection of electronic components in various applications.

Acrylic based anisotropic conductive film market is expected to witness 6.2% CAGR from 2023 to 2032 driven by their excellent adhesion properties.

U.S. market for anisotropic conductive film reached USD 469.45 million in 2022 and will expand at a significant pace between 2023 and 2032 owing to the higher demand for displays in various applications, including consumer electronics, automotive, healthcare, and industrial sectors.

Some of the key anisotropic conductive film manufacturers and suppliers are Henkel AG & Co. KGaA, 3M Company, Hitachi Chemical Co., Ltd., Sumitomo Bakelite Co., Ltd., Panasonic, LG Chem, Sony, and Creative Materials Inc.