Published on : Aug 16, 2017
Albany, New York, August 16, 2017: Growing proliferation of printed electronics in different industries is one of the major driving factors for the market of conductive inks, as they are mainly characterized by key properties such as high electrical conductivity, crease resistance, and flexibility. In recent years, silver conductive inks have been widely used for various applications owing to its excellent printability and conductivity. The global conductive inks market has pegged an opportunity of US$2,340.0 mn in 2016, which is projected to be worth US$4,275.4 mn by 2025, finds a new study added to the massive repository of Market Research Hub (MRH). The report is titled as “Conductive Inks Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025” and offers detailed analysis of the global market, considering 2016 as a base year and estimates future growth for the period of 2017-2025.
Conductive inks are electrically conductive and are generally instilled with conductive materials for example silver, copper and aluminum. They are used in extensive range of applications such as in solar panels, automotive circuits and medical devices. It has been analyzed that, with increasing technological advancement conductive inks are adopted extensively across various digital cameras, smart phones, laptops and various AIDC devices among others. As per the findings, technological developments are a major driver of the conductive inks market in different developing countries.
In the study, the market has been analyzed in terms of revenue and value share, in the major regions such as North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. By revenue, Asia Pacific accounted for the largest share in the conductive inks market in 2016, and China is the leading contributor to this regional market. The ceaseless penetration of consumer electronics is the major growth factor for this region growth. According to the findings, the global conductive inks market poised to grow at a strong CAGR of 6.9% between 2017 and 2025.
The report also offers valuation of crucial drivers that are impacting the global market, along with the restraints and opportunities. Increasing application of RFID tags in different industries along with rising demand for printed circuit boards in different equipment is acting as a major driver for the conductive inks market globally. For the clear understanding, the market has been analyzed on the basis of major segments into type and applications. Major types include silver conductive inks, copper conductive inks, conductive polymers, conductive nanotube ink and graphene/carbon ink.
Additionally, this competitive landscape is inclusive of the various business strategies adopted by major players and their recent developments in the field of conductive inks. Some of the leading players in the conductive inks market are Vorbeck Materials Corporation, E. I. du Pont de Nemours and Company (The U.S.), Johnson Matthey PLC (The U.K.), Henkel AG & Co. KGaA (Germany), NovaCentrix (The U.S.), Inc. (The U.S.), Intrinsiq Materials, Inc. (The U.S.), Creative Materials Inc. (The U.S.), Heraeus Holding GmbH (Germany), Sun Chemical Corporation (The U.S.) and Applied Ink Solutions (The U.S.).
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