Conductive Inks Market to hit $5,119.80 Million, Globally, by 2028 at 5.4% CAGR: The Insight Partners

According to the new research report published by The Insight Partners, titled "Conductive Inks Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and Application," the market is expected to grow from US$ 3,565.80 million in 2021 to US$ 5,119.80 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

Conductive ink is a type of ink that produces printed objects that can conduct electricity. Graphite or other conductive elements are frequently infused into ink to create it. Owing to the advancements in the application of these inks, conductive ink is used in direct digital printing on various materials. Conductive inks are compatible with multiple printing standards. Thus, they are adopted for specific applications. For example, textile wearables are becoming increasingly popular as flexible and portable electrical devices for monitoring health and other purposes.

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The sales of vehicles increased to 82,684,788 in 2021, and it expected that economic stability across the countries will further increase the sales the vehicles in 2022, thus positively impacting the market size of conductive inks. In 2020, decline in pollution and carbon emissions attracted many renewable energy companies, such as Cypress Creek Renewables; First Solar Inc.; NextEra Energy, Inc.; SunPower; and Canadian Solar Inc., and governments to invest in renewable energy. As per International Energy Agency (IEA), many developed and developing economies are shifting toward low carbon sources of electricity, such as solar (photovoltaic) and other renewable sources. Thus, significant investments in sustainable green energy (clean energy), recycle batteries, carbon capture and storage technologies such as pre-combustion, post-combustion and oxyfuel, AVs (Automated vehicles), and EVs. Growth aforesaid factors will positively create lucrative business opportunities for conductive inks market. In addition, favorable policies by the government are attracting many FDIs to invest in renewable energy. These factors create lucrative growth opportunities for the key players operating in the global conductive inks market.

Conductive inks offer various advantages, such as reduced material density, lower component weight, and easy handling. As a result, the adoption of conductive inks is rising to improve the quality and quantity of smaller and more efficient electronics. The use of conductive inks in printing RFID chips has several advantages, such as reduced size and faster and efficient production, resulting in low production costs. Therefore, the conductive ink industry is predicted to expand due to the rising demand for RFID tags.

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Conductive inks offer various advantages, such as reduced material density, lower component weight, and easy handling. As a result, the adoption of conductive inks is rising to improve the quality and quantity of smaller and more efficient electronics. The use of conductive inks in printing RFID chips has several advantages, such as reduced size and faster and efficient production, resulting in low production costs. Therefore, the conductive ink industry is predicted to expand due to the rising demand for RFID tags.

Conductive inks offer various advantages, such as reduced material density, lower component weight, and easy handling. As a result, the adoption of conductive inks is rising to improve the quality and quantity of smaller and more efficient electronics. The use of conductive inks in printing RFID chips has several advantages, such as reduced size and faster and efficient production, resulting in low production costs. Therefore, the conductive ink industry is predicted to expand due to the rising demand for RFID tags.

Conductive Inks Market: Competitive Landscape and Key Developments

Dupont, Henkel, Novacentrix, Merck, and Heraeus are among the key players profiled in the report on the conductive inks market. Several other conductive inks market players were also analyzed to get a holistic view of the market and its ecosystem.

Dupont de Nemours, Inc., Henkel AG & Co. KGaA, NovaCentrix, MERCK KGaA, and Heraeus Holding GmbH are some of the key market players operating in the conductive inks market. The listing of key players is derived by considering multiple factors such as overall revenue, current conductive inks product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the conductive inks ecosystems which were studies analyzed during the course of this market research study, such as InkTec, Poly-ink, Vorbeck Materials Corp., Inkron Oy, and Molex, LLC (Koch Industries, Inc.) Most of the market initiatives were observed in, the North American region, which has a high potential for market-related products, solutions, and services. A Few of the important market initiatives from the industry are mentioned below:

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In 2022, DuPont Microcircuit and Component Materials business announced the launch of 5881, a new Silver/Silver Chloride conductive ink/paste for healthcare applications.

In 2021, DuPont announced that it has successfully completed the acquisition of Laird Performance Materials, a world leader in high-performance electromagnetic shielding and thermal management solutions.

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