Expert Market Research’s new report titled, ‘Global Conductive Inks Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global conductive inks market, assessing the market based on its segments such as products , applications and major regions . The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): USD 3.4 billion
- Forecast CAGR (2021-2026): 5%
The main growth driver for the industry is the increasing demand for efficient and compact consumer electronics. The growing demand for miniaturized and efficient electronic devices is fueling the growth of the market. Smart devices, printed batteries, touch screens, and printed sensors are just some of the major application areas for conductive inks, which is contributing to the overall market growth. Recent advancements in the printed electronics industry have enabled conductive inks to find applications in electronics and medical devices, which is expected to drive the market growth over the forecast period. Issues of high carbon dioxide emissions have threatened public organizations, driving their transition to low-carbon options. This, in turn, has enhanced investment opportunities for solar photovoltaic devices, which over the forecast period are expected to increase the demand for conductive inks.
Industry definition and major segments
Conductive inks are produced either by incorporating different types of metals such as silver and copper or by using carbon particles. Carbon particles are preferred in many applications because they provide adequate engineering properties at low cost. Some of the conductive inks contain polymeric conductive compounds. These inks, compared to traditional standards such as etching copper and copper substrates, offer an economical way to lay down modern conductive tracks.
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On the basis of products, the industry is divided into:
- Conductive silver ink
- Conductive copper ink
- Conductive polymers
- Conductive nanotube ink
- Dielectric ink
- Carbon/graphene ink
The industry can be broadly classified on the basis of its application into:
Based on region, the industry is divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Innovation in areas such as rear windows and windshields with traces of conductive ink is expected to drive market growth for automotive applications, which will benefit market demand. The popularity of smart packaging, also known as active or intelligent packaging, has increased in the pharmaceutical and food industries, which is expected to drive the growth of the conductive ink market in the FMCG sector. Macroeconomic factors such as expanding middle class, increasing disposable income, education, changing demographics and rapid urbanization are driving the conductive ink market in the region. The increasing use of conductive inks in OLEDs, smart packaging, flexible displays, thin film transistors and smart textiles is expected to increase the demand for conductive inks over the forecast period.
Main market players
The major market players are DuPont and Dow, Applied Nanotech Holdings Inc., Vorbeck Materials Corp., Sun Chemical Corporation, Conductive Compounds Inc., PPG Industries Inc., Creative Materials Inc., Poly-Ink, Henkel Ag & Co. Kgaa and Pchem Associates Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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