In a recent published report, Kenneth Research has updated the market report for Anisotropic Conductive Film Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Anisotropic Conductive Film Market products.
Kenneth Research, in its repository of market research reports, have recently added a report on Anisotropic Conductive Film Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021 2030. The XYZ is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017.
On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2030.
The Anisotropic Conductive Film Market is majorly affected by the recently hit global pandemic, COVID-19, which has devastated several businesses worldwide. Although, the ICT industry has observed a significant rise in the utilization of cloud applications, yet several manufacturing organizations in the ICT industry are facing significant issues, especially in places where the ICT infrastructure is not that satisfactory.
we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to our research team, the Global Anisotropic Conductive Film Market was valued at USD 2.16 billion in 2017 and is projected to reach USD 3.17 billion by 2025, growing at a CAGR of 4.9% from 2018 to 2025. Our research study mainly includes an in-depth study of the market which includes major drivers, restraints, opportunities and challenges faced in the market along with the latest industrial trends.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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Anisotropic conductive film is an electric insulated film used in liquid crystal display manufacturing to make the electrical and mechanical connections of the LCD. Due to changing environmental conditions, component designers emphasized on making it a lead free and eco- friendly adhesive. These kind of adhesives prevent short circuits and establishes a reliable electric connection. Anisotropic conductive films are primarily used in the assembly of chips on to RFID antenna substrates.
The demands for flexible electronic displays have been booming in the consumer electronic market and gives an accelerated demands for wearable. These characteristics have been driving the global anisotropic conductive film market. Apart from this, it has been observed that high temperature and moisture content of anisotropic conductive film has been exerting adverse effects on the overall market behaving as potential restraints for the market at a global level.
The “Global Anisotropic Conductive Film Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Hitachi Chemicals, Dexerials Corporation, Loctite, Pixel Interconnect Inc., DELO Adhesives, 3M, SunRay Scientific and many more. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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As a part of market estimation, the study also comprises a list of tables and figures for the “Global Anisotropic Conductive Film Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of application and geography.
On the basis of technology, the Global Anisotropic Conductive Film Market can be categorized Chip on Glass, Flex on Glass, Flex on Board, Flex on Flex and many more. The market study is also segmented on the basis of application. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
Chapter 1 INTRODUCTION OF GLOBAL ANISOTROPIC CONDUCTIVE FILM MARKET 14
1.1 Market Overview 14
1.2 Market Segmentation 15
1.3 Assumptions 16
Chapter 2 EXECUTIVE SUMMARY 17
2.1 Overview of the Market 17
2.2 Global Anisotropic Conductive Film Market, By Technology – 2016 (USD Million) 18
2.3 Global Anisotropic Conductive Film Market, By Application – 2016 (USD Million) 19
2.4 Global Anisotropic Conductive Film Market, By Geography (CAGR% 2017-2025) 20
Chapter 3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 21
3.1 Data Mining 21
3.2 Secondary Research 21
3.3 Primary Research: 21
3.4 Subject Matter Expert Advice: 22
3.5 Quality Check 22
3.6 Final Review 22
3.7 Validation 23
3.8 Primary Interviews 23
3.9 Research Scope and Assumptions 24
3.10 List of data sources 24
Chapter 4 GLOBAL ANISOTROPIC CONDUCTIVE FILM MARKET OUTLOOK 26
4.1 Market Dynamics 26
4.2 Market Drivers 27
4.2.1 Growing demand for wearables 27
4.2.2 Rising demand for flexible electronic displays 28
4.3 Market Restraints 29
4.3.1 Adverse effects of high temperature and moisture of anisotropic conductive film 29
4.4 Porter’s Five Force Analysis 30
4.5 Value Chain Analysis 31
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