Summary
Global Ag Paste Market to Reach $5 Billion by 2030
The global market for Ag Paste estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$5 Billion by 2030, growing at a CAGR of 9.1% over the period 2022-2030. Thermal Interface Material, one of the segments analyzed in the report, is projected to record 11.1% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth in the EMI Shielding segment is estimated at 4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $487.5 Million, While China is Forecast to Grow at 11% CAGR
The Ag Paste market in the U.S. is estimated at US$487.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Select Competitors (Total 59 Featured)
- 3M Company
- DuPont de Nemours, Inc.
- Henkel AG & Co. KGaA
- Kyocera Corporation
- MilliporeSigma
- Ferro Corporation
- Johnson Matthey PLC
- American Elements
- Heraeus Holding GmbH
- Alfa Aesar
- Advanced Nano Products Co., Ltd.
- Eternal Materials Co., Ltd.
- Indium Corporation
- Monocrystal Inc.
- Changsung Corporation