Press release
Surge In Consumption Of Consumer Electronics To Propel Conductive Inks Market
Global Conductive Inks Market: SnapshotThe global conductive inks market is competitive with players banking upon price differentiation and product innovation to gain a strong foothold in the market. The big players in the market are pouring in substantial amounts to come up with better products.
The growing proliferation of printed electronics across several industries is at the forefront driving growth of the conductive inks market. Besides this, demand for technically sound, efficient and miniaturized devices for operational efficiency is fuelling the application of conductive inks globally, which in turn is having a positive influence on the growth of this market.
According to a report by Transparency Market Research, the global conductive inks market pegged an opportunity of US$2,340.0 mn in 2016 and is anticipated to be worth US$4,275.4 mn by 2025 rising at a CAGR of 6.9% between 2017 and 2025.
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Silver Conductive Inks Type Segment Leads Market
The global conductive inks market based upon type is classified into silver conductive inks, copper inductive inks, conductive polymers, conductive nanotube ink, graphene/carbon ink, and others. Of them, the segment of silver conductive inks led the market in 2016 mainly due to standard formulations of silver conductive inks and their large-scale applications in energy, medical, and consumer electronics industry.
The segments of the global conductive inks market depending upon application are photovoltaic cells, displays, RFID, printed circuit board, biosensors, and others. Among these, displays and photovoltaic cell segments accounted for the leading market share in 2016 in terms of value. The segment is anticipated to hold on to its dominant position in the upcoming years.
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Key players operating in the global conductive inks market profiled in this report are Henkel AG & Co. KGaA, E.l. du Pont de Nemours and Company, NovaCentrix, Vorbeck Materials Corporation Inc., Heraeus Holding GmbH, Intrinsiq Materials Inc., Johnson Matthey plc, Sun Chemical Corporation, Creative Materials Inc., and Applied Ink Solutions among others.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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