Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027
Global Conductive Inks Market is valued at USD 2876.5 Million in 2020and is expected to reach USD 3757.3 Million by 2027with a CAGR of 3.89% over the forecast period.
Global Conductive Inks Market: Global Size, Trends, Competitive, Historical & Forecast Analysis to 2021-2027. Increasing demand from thephotovoltaic sector, growing demand for effective and compact consumer electronics, and rising development of new technology are some of the major factors anticipated to drive the growth of the Global Conductive Inks Market.
Scope of Global Conductive Inks Market:
Conductive ink is a type of ink that conducts electricity. It is a material that is printed, processed, and conducts electricity. Graphite or silver, carbon, or other precious metal are used as conductive materials to fill and to permit electrical conduction. Reliant to the application, more exotic conductive fillers are used. Flexography, screen printing, dipping, syringe dispensing, stencil printing, spraying are different ways to apply conductive inks. The specific material formulation of conductive inks is varying on the basis of the printing process or application method. This ink is found in two phases, liquid and solid, in which water-based inks are accessible for high-speed printing and coating applications.
These inks are also used to invent or repair circuits on printed circuit boards. The types of conductive inks are such as metal nanoparticle and microparticle inks. Other applications of conductive inks include; in photovoltaics, power electronics, automotive, home appliance, electronic textile and wearable electronics, 3D antennas, conformal printing, touch screen edge electrodes, automotive 3D printed electronics, and multi-layer ceramic capacitors.
The Covid-19 pandemic has shown a negative impact on the growth of the global conductive inks market due to the lockdown-imposed which has lowered demand and also led to the supply chain blockages. Also, a number of organizations in the conductive inks market is forced to end their assembling and creation activities, thus as business activities have been stopped due to new government decisions, it has directly impacted the income float of the conductive inks market, as a result, the conductive inks market is declined.
Global Conductive Inks Market Segmentation:
The global conductive inks market is segmented on the basis of product type, application, and region & country level. On the basis of type, the market is segmented into silver conductive inks, carbon conductive inks, silver nano inks, silver chloride inks, dielectric inks, copper/ copper oxide inks. On the basis of application, the market is segmented into sensors, biosensors, touch screens, antennas, printed heaters, potentiometers and PCBs (printed circuit board), solar panels, electroluminescent (EL) panels, and others.
Silver Conductive Inks
Carbon Conductive Inks
Silver Nano Inks
Silver Chloride Inks
Copper/ Copper Oxide Inks
Potentiometers and PCBs (Printed Circuit Board)
Electroluminescent (EL) Panel
The regions covered in global conductive inks market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global conductive inks market is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (UAE, Egypt, Saudi Arabia) GCC, Africa, etc.
Conductive Ink Manufacturers
Henkel AG & Co. KGaA
Creative Materials Inc.
Conductive Compounds, Inc.
A Division of EIS, Inc.
Sigma-Aldrich Co. LLC.
TOYO INK GROUP
News: Henkel Invested in Conductive Copper Ink Start-up Copprint
On June 12th, 2017; Henkel Adhesive Technologies strengthened its expertise in Printed electronics by investing in Copprint Technologies Ltd., Israel. The advanced materials start-up has developed a novel technology for producing conductive copper inks that can provide substantial cost benefits for a variety of printed electronics applications.
Increasing Demand from Photovoltaic Sector, Growing Advancements in Printing Electronics and the Rising Development of New Technology are Major Factors Driving the Market Growth
One of the major factors driving the growth of the market is the increasing demand for conductive inks in the photovoltaic sector as conductive inks are used in the fabrication of photovoltaic textiles. Because of high conductivity and low sheet resistivity as well as excellent adhesion and low curing temperature of conductive inks, they are broadly used in solar cell panels. The pressure to reduce raw material cost and enhance production, use of conductive inks was viable solution to the photovoltaic industry therefore this factor is fueling the growth of the conductive inks market.
In addition to that, growing advancements in printed electronics is also supplementing the industry growth. Improvements in printing techniques, equipment, and materials have resulted both in more efficient productions of existing electronics and in the development of new, innovative applications in the electronic sector. Along with this other benefits of conductive inks in the membrane switch market as conductive ink include replacing traditional electronic components with more compact & lighter solutions which have reduced manufacturing costs improved component performance, reliability, and increased environmental resistance, and new, unique applications. It means overall conductive ink had a very positive impact on the membrane switch market and it is in high demand in the membrane switch market which is also driving the growth of the market.
However, the high cost and manufacturers are finding alternatives for silver conductive inks may hamper the growth of the market. In spite of that, increasing R&D activities and rising demand of 3D printing technology in the medical industry may create more growth opportunities for the further growth of the market.
Asia Pacific is Anticipated to Witness the Fastest Growth in the Global Conductive Ink Market
Asia Pacific is anticipated to show the fastest growth in the global conductive market due to the increasing population, rising consumer electronics industry and increasing investments for new developments in emerging economies like China and India. A number of new investments in countries such as China and India are to set up solar photovoltaic which have taken an emergency for the conductive inks and it has increased the opportunity for the replacement of nonrenewable energy. Thus, there is increasing development of new inks into the region is also boosting the market growth. For example; the development of an eco-friendly conductive inkjet ink based on graphene to replace metallic conductive inks., which has been a great opportunity for the replacement of nonrenewable energy. And, some of the macroeconomic factors such as growing middle class, changing demographics, increasing disposable incomes, education, and rapid urbanization are also supplementing factors the market growth in the Asia Pacific region.
Also, North America is expected to show significant growth in the global conductive inks market due to the high disposable income, presence of key players and high mass production ability in this region. As conductive inks are used in traditional automotive applications such as printed defrosters, especially on rear windows, thus this mature and quite extensive business has increased the demand for conductive inks in this region. For example; in North America, the U.S. is the second-largest producer of automobiles in the world, which has resulted in high demand for conductive inks from the country which has boosted the market growth in the U.S. Also, the presence of major global players and their manufacturing hubs in North America are also supplementing the growth of the conductive ink market.
On Special Requirement conductive ink market Report is also available for below Regions and Country:
Rest of Europe
Rest Of APAC
Rest of South America
Middle East and Africa
Rest Of MEA
2015 - 2020
2021 - 2027
Market Size in 2020:
USD 2876.5 Million
Base year considered
Forecast Period CAGR %:
Market Size Expected in 2027:
USD 3757.3 Million
Tables, Charts & Figures:
Conductive Ink Manufacturers
Henkel AG & Co. KGaA, DuPont, Methode Electronics, Creative Materials Inc., Nano Dimension, Conductive Compounds, Inc., TEKRA, A Division of EIS, Inc., Sigma-Aldrich Co. LLC., Nova Centrix, Inkron, TOYO INK GROUP
By Type, By Application
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
Key Benefits of Global Conductive Ink Market Report-
Global Conductive Ink Market report covers in-depth historical and forecast analysis.
Global Conductive Ink Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Conductive Ink ManufacturersCompetitive Analysis, Regional and Country Level.
Global Conductive Ink Market report helps to identify opportunities in the marketplace.
Global Conductive Ink Market report covers an extensive analysis of emerging trends and competitive landscape.
Conductive Inks Market Size, Share & Trends Analysis Report By Type (Silver Conductive Inks, Carbon Conductive Inks, Silver Nano Inks, Silver Chloride Inks, Dielectric Inks, Copper/ Copper Oxide Inks), By Application (Sensors, Biosensors, Touch Screen, Antenna, Printed Heaters, Potentiometers and PCBs (Printed Circuit Board), Solar Panels, Electroluminescent (EL) Panel) Based on Region, And Segment Forecasts, 2022 - 2028
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