Conductive Silver Paste Market PESTEL Analysis, SWOT Analysis, CAGR 11.8%, and Value Chain Study to 2026 | DAIKIN CHEMICAL CO, KAKEN TECH Co, American Elements

Report Ocean releases its latest report on the global Conductive Silver Paste Market. The conductive silver paste market is likely to grow in the forecast timeframe due to witnessing a rise in demand in the forecast period due to the great properties of it such as better yields and higher outputs for solar PV cell manufacturers. The paste compositions are a series of screen printable front and backside silver conductors for monocrystalline and multi-crystalline solar cells. 

The global Conductive Silver Paste market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 7.3 billion in 2019. The market is further expected to touch USD 15.0 billion by 2026, growing at a CAGR of 11.8% during 2020-2026 (forecast period).

Conductive silver paste is used across automotive, manufacturing, solar, electronics, and electrical and among others. Polymer Type conductive paste is manufactured by using high conductive polymer technology and is available in different grades as per the customer requirements. Some of the properties of polymer-type conductive pastes include high adhesion to PET films, high bending resistance, better workability, and storage stability among others. Sintering type conductive pastes are used in applications such as die to attach, solder replacement, power LED, power semiconductor, laser diode, and AuSn solder replacement among others. The paste guarantees strong adhesion due to the sintered metal approach and is durable even at high temperatures. Some of the other advantages, better adhesive strength, low interface thermal resistance, and long work-life among others

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Growth Drivers 

Increasing growth of renewable energy sources (Solar Energy) 

In the photovoltaic process, the technique of metallization is screen printing with silver pastes due to its simple and quick process. Copper has been researched by many institutes and companies since it has a similar conductivity with silver even though the price is inexpensive. Conductive silver paste (Ag paste) materials provide better yields and higher outputs for solar PV cell manufacturers. The paste compositions are a series of screen printable front and backside silver conductors for monocrystalline and multi-crystalline solar cells. In addition, Conductive silver paste helps to improve power generation efficiency. The impact of the driver is high.

Increasing demand for conductive adhesives in electronics

Silver is an excellent source of electrical conductivity which makes it a natural choice for everything from printed circuit boards to switches and TV screens. Silver membrane switches, which require only a light touch, are used in buttons on televisions, telephones, microwave ovens, children's toys, and computer keyboards. Silver is found in virtually every electronic device. Electronics and electrical demand, the largest component of industrial silver demand, China, the United States, Japan, Germany, and India were the main demand centers in this category. For PCB, silver is used in consumer items from mobile phones to computers, silver-based inks and films are applied to composite boards to create electrical pathways.

The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.

The reports on the Global Conductive Silver Paste Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global Conductive Silver Paste Market growth rates.

Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the Conductive Silver Paste Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.

Impact Analysis of COVID-19

A detailed study of Covid-19 impacts the Conductive Silver Paste Market is provided in the report.

The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Conductive Silver Paste Market segments.

While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.

Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The report extensively examines the fundamental aspects of the Global Conductive Silver Paste Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the Conductive Silver Paste Market provides insight into the factors influencing its growth. This market study breaks down the Conductive Silver Paste Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.

Regional Overview

An analysis of the Conductive Silver Paste Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the Conductive Silver Paste Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Conductive Silver Paste Market are:

TOYO INK, Nordson Corporation, Henkel, Nippon  Kokue group, Asahi Chemical Research Laboratory Co., Ltd, Taiwan Ostor Corporation, Heraeus Holding, DAIKIN CHEMICAL CO, KAKEN TECH Co, American Elements, Suzhou Betely, and others.

Scope of the Report

The global Conductive Silver Paste Market segmentation focuses on:

By Type

Ø  Polymer Type

Ø  Sintering Type

By Application

Ø  Solar panels

Ø  Integrated Circuits

Ø  Automobile Glass

Ø  Printed circuit board Tracks

Ø  Membrane Switched

Ø  Electronic devices

Ø  Others

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