Lucintel's latest market report analyzed that conductive filler provides attractive opportunities in the consumer electronics, automotive, industrial, and aerospace industries. The conductive filler market is expected to reach $6.8 billion by 2028 with a CAGR of 1.5%. In this market, silver is the largest segment by product, whereas consumer electronics is largest by technology. Increasing demand of carbon nanotube for electrical conductivity and development of low cost solution such as silver-coated copper filler to reduce the cost of precious metal based filler provides strategic growth path in this market.
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Based on product, the conductive filler market is segmented into carbon black, graphite, carbon fiber, alumina, copper, silver, steel, and others. The silver segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, Growth in demand for conductive adhesive for semiconductor packaging application will drive the silver filler market.
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The Conductive Filler Market is marked by the presence of several big and small players. Some of the prominent players offering conductive filler include Cabot Corporation, Showa Denko K.K, Orion Engineered Carbon, Birla Carbon, Imerys, Nippon Light Metal, Dowa Electronics, Asbury Carbon, and Almatis Corporation.
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