Global Conductive Inks Market
The GMI Research forecasts that the Conductive Inks Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rising healthcare sector, increasing technological advancements, and growing initiatives by key players in the market.
Introduction of the Conductive Inks Market
Conductive ink is a ink that marks in a printed body which conducts electricity. It is usually produced by fortifying graphite or another conductive material into ink. It is comprised of silver, or carbon, particles related to each other by solving agents.
Key Players of the Global Conductive Inks Market:
- Pchem Associates Inc.
- Omya AG
- PPG Industries Inc.
- Sun Chemical Corporation
- Vorbeck Materials Corp.
- Henkel Ag & Co. Kgaa
- Creative Materials Inc.
- Mineral Technologies Inc.
- Applied Nanotech Holdings Inc.
- DuPont
Conductive Inks Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The massive expansion in the usage of the touch screen-based electronic devices coupled with the augmenting technological innovations and the surging consciousness and trend across people about these devices are some of the prominent drivers stimulating the growth of the conductive inks market. Also, the increasing expenditure on healthcare is strengthening the conductive inks market size. Moreover, the growing acquisition of products led by efficient treatment, reliable diagnostics, and improved patient health further promotes market growth. Additionally, favorable strategic initiatives by leading market players, which include technological improvements, and product launches, will boost the market growth. For example, MagnaColors in 2020 officially introduced a wide variety of products for direct imaging, which has contributed to the market growth. In addition, Mineral Technologies Inc., in 2018, entered into a judicious partnership with Shouguang Meilun Paper Co., Ltd., which raised the production capacity by 150,000 metric tons per year, driving the market growth. However, the high cost of raw materials is likely to curb the market growth.
Application Segment Analysis
Based on the application, photovoltaic is contemplated to witness a robust growth in the coming years. This is due to the aggravating popularity of clean energy coupled with the rising electrical demand.
Product Segment Drivers
Based on the product, the conductive silver ink is projected to witness a higher CAGR in the market over the forecast period. This is attribute d to the remarkable features of the materials like thermal stability, durability, and conductivity, which resulted in the huge acceptance of the product. Furthermore, graphene or carbon offers ink with better performance and flexibility to be employed in the fabrication of nanomaterials.
Regional Drivers
Based on the regional coverage, Asia-Pacific is predicted to expand at a faster CAGR during the forecast period. This is primarily because of the developing nations such as India and China, which helped to push the market growth. Additionally, the prevalence of significant players is supplementing the market growth. For example, DuPont, PPG Industries Inc, etc., have intensified the market.
Conductive Inks Market Segmentation:
Segmentation by Product
- Conductive Silver Ink
- Conductive Copper Ink
- Conductive Polymers
- Conductive Nanotube Ink
- Dielectric Ink
- Carbon/Graphene Ink
- Others
Segmentation by Application
- Photovoltaic
- Membrane Switches
- Displays
- Automotive
- Smart Packaging
- Biosensors
- Printed Circuit Boards
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
