What’s driving the Conductive Inks Market Share? | Key Players Are Henkel AG & Co. KGaA, NovaCentrix, Poly-ink, Sun Chemical Corporation, Heraeus Holding GmbH, Creative Materials Inc, Fujikura Ltd

Global Market Insights, Inc. has recently added a report on Conductive Inks Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

According to its applications, the conductive inks market is divided into sensors, biosensors, touch screen, RFID, PCBs (Printed Circuit Board), solar panels, etc. RFID technology is profoundly used in a wide a variety of devices such as passports, smart cards, credit cards, etc. It offers high adhesion, flexibility, and compatibility requirements which makes it ideal for a wide-range of applications. Additionally, RFID products have to be capable of transmitting and receiving specific radio frequencies.

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Conductive Inks Market size is expected to grow with a significant rate of CAGR during the projected timeframe. Extensive use of printed circuit board technology across medical, electronical and solar appliances will positively drive the market size during the forecast timeframe. The product has its wide application in touch screen based electronic devices. It is mostly used in the membrane touch switches, desktop keyboards, heating elements, touch screens, automotive sensors, EL lamps, printed circuit boards and potentiometers. When compared to in comparison to conventional industrial standards such as etching copper through copper plated substrates, the product offers an economic solution across its application to provide efficient conductive traces.

Automotive industry is of the prime end-users of conductive inks market. Thus, escalating automotive production and sales will ultimately drive the industry growth as the product is widley used manufacturing automotive sensors. For instance, the overall automotive sales (commercial and personal vehicles) in 2017 was over 96 million units.

The conductive inks market size has much higher chances for growing in the Asia-Pacific, Middle East & Africa, and Latin America due to their rapid and considerable growth in the economy. Asia-pacific with the highest economic growth will provide lucrative business growth opportunities for conductive ink market size in the near future. China leads the global market size due to robust growth in photovoltaic and consumer electronics sector in the country. For instance, China accounts close to 30% of the global automotive production and thus holds a prominent demand share in the overall conductive inks market.

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Conductive inks market size is competitive with major companies holding decent industry share. Some of the key players involved in the business are Henkel AG & Co. KGaA, NovaCentrix, Poly-ink, Sun Chemical Corporation, Heraeus Holding GmbH, Creative Materials Inc, Fujikura Ltd, Conductive Compounds Inc., Parker Chromerics, Vorbeck Materials Corp., Johnson Matthey Color Technology, Applied Nanotech and Pchem Associates Inc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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