Global Conductive Particle Market Revenue Will Reach $331 Million in 2023

Conductive particles can conduct electricity by plating highly refined "micro pearl" particles on the spacer. This enables them to be used for heat conduction, electronic components, conduction between PCBs, and gap formation, making them widely used in liquid crystal and installation fields.

Based on different materials, conductive particles can be divided into types such as gold particles and nickel particles. According to our research data, the global market revenue for conductive gold particles and conductive nickel particles is estimated to reach $70 million and $80 million in 2023, with market shares of 21.01% and 24.33%, respectively. From the perspective of downstream applications, conductive particles are mainly used in electronic devices (mainly liquid crystal displays) and communication devices. Among them, electronic devices (liquid crystal displays) account for 65.50% of the market, making them the largest downstream application market.

Data shows that the total revenue of the global conductive particle market is expected to reach $331 million in 2023, and may increase to $373 million by 2026. The Asia-Pacific region is the largest revenue market for the global conductive particle industry. In 2023, it is expected that the revenue of the conductive particle market in the region will reach $235 million, with an estimated market share of 70.96%; North America and Europe are expected to rank second and third with market shares of 16.23% and 10.93% respectively.

Global Conductive Particle Market Revenue and Share Forecast by Type, Application, and Region in 2023

Source: www.globalmarketmonitor.com

From the perspective of market competition patterns, the concentration of the global conductive particle market is relatively high. Data shows that in 2020, the revenue of the conductive particle market of the top 3 enterprises in the industry reached a total of $201 million, with a total market share of 71.78%. Sekisui Chemical is a leading enterprise in the global conductive particle industry, with a market share of over 50%. Sekisui Chemical is headquartered in Osaka and Tokyo, Japan, with operations covering multiple regions including the Americas, Europe, and Asia Pacific. In 2020, PQ Corporation and Nippon Chemical Industrial Co., Ltd. ranked second and third with market shares of 16.07% and 3.57%, respectively. Among them, PQ Corporation has great development potential as it is a leading global supplier of professional catalysts, various materials, and chemicals. Its products penetrate fields such as fuel and emission control, consumer goods, road safety, and construction, packaging and engineering plastics, industrial and processing chemicals, and natural chemical resources.

Global Conductive Particle Revenue Statistics and Forecast and Competition Pattern 

 

Source: www.globalmarketmonitor.com

In the future, with the rapid development of electronic information technology, the updated speed of electronic products will become faster and faster. The production and sales of consumer electronic products such as tablet TVs, laptops, and smartphones will continue to grow, which will drive the growth of the LCD screen market. Liquid crystal display is the mainstream display technology. Due to the importance of conductive particles to the entire liquid crystal display industry, it will bring huge market space to the conductive particle industry and promote its development.