Press release
Conductive Inks Market Size, Trend and Industry Analysis Report Forecasts 2021-2028
According to our latest market study on "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. the world have enacted environmental restrictions to encourage industries to replace heavy materials in devices with modern lightweight materials. In addition, consumer desire for tiny and lightweight electronics has pushed the consumer electronics industry to miniaturize its products. Moreover, rapidly increasing IoT based application, increasing miniaturization trend are driving the demand for conductive ink.Applied Ink Solutions; DuPont DE Nemours, Inc.; Henkel AG and CO. KGAA; Inkron OY; Inktec; Heraeus; Novacentrix; POLY-INK; Merck KGAA; and Vorbeck Materials Corporation are among the major companies operating in the conductive inks market players. In addition, consumer desire for tiny and lightweight electronics has pushed the consumer electronics industry to miniaturize its products. Moreover, rapidly increasing IoT-based applications and growing miniaturization trend are expected to drive the demand for conductive inks market. The rapidly increasing usage of smartphones and connected devices propels the need for smaller and lighter sensors with low-power requirements and enhanced performance, which stimulates the demand for miniaturization. China dominates the entire value chain of the global electronics manufacturing business and is heavily investing in new techniques to create miniaturized electronics products rapidly. Thus, the growing demand for miniaturization in smartphones, wearables, and other gadgets and rise in the demand of efficient electronic devices and bolsters the conductive inks market size.
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The COVID-19 pandemic negatively impacted countries in North America, such as the US, Canada, and Mexico. The automotive and printed electronic industries reported low production and witnessed a profound supply chain disruptions during the initial phase of the COVID-19 outbreak. Conductive ink manufacturers, such as DuPont, Creative Materials Inc., CHASM, and Vorbeck Materials Corp., temporarily closed their production facilities. Thus, slowdown in the conductive ink production, trade restriction, and raw material shortages restrained the conductive inks market.
Before the COVID-19 pandemic, the growing automotive industry in North America, rising penetration of electric vehicles, and increasing awareness regarding health propelled the demand for miniaturization of devices. The consumer electronic industry witnessed an inclined growth. Also, the rising demand for small and lightweight electronics, such sports wearables watches, and electronic medical devices to monitor health is contributing the growth of the conductive ink market. Furthermore, in the pre-pandemic scenario, the renewable energy in North America was showing rapid growth, and it is one of the fastest growing segments in the region. For instance, in 2020, the US generated total energy of 3.3% from solar generation, and it is the fastest growing electric source. Renewable energy consumption in the US is expected to grow at a rate of 2.4% per year over the next 30 years, outpacing the overall growth rate of 0.5% per year in energy consumption. The production tax credit (PTC) and the investment tax credit (ITC) are two federal tax credits that have aided renewable energy in the US. Solar power is expected to account for 3% of Canada's total electricity generation capacity by 2040, according to the Canada Energy Regulator (formerly the National Energy Board).
Key Offerings:
• Market Size & Forecast by Revenue | 2028
• Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation - A detailed analysis by product, types, end-user, applications, segments, and geography
• Competitive Landscape - Top key vendors and other prominent vendors.
Conductive Inks Market Regional and Country-wise Analysis:
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
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Key Factors covered are:
1. To characterize, portray, and check the Conductive Inks market based on product type, application, and region.
2. To estimate and inspect the size of the Conductive Inks market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
3. To estimate and inspect the Conductive Inks markets at country-level in every region.
4. To strategically investigate every sub-market about personal development trends and its contribution to the Conductive Inks market.
5. To look at possibilities in the Conductive Inks market for shareholder by recognizing excessive-growth segments of the market.
Key Highlights & Touch Points of the Conductive Inks Market Worldwide for the Forecast Year 2028
• Broad data on variables that will enhance the development of the Conductive Inks market over the forthcoming years
• Precise assessment of the worldwide Conductive Inks market size exact assessments of the forthcoming patterns and changes saw in the customer conduct
• Development of the worldwide Conductive Inks market across the North and South America, Asia Pacific, EMEA, and Latin America
• Data about Conductive Inks market development potential
• Top to bottom investigation of the business' serious scene and itemized data opposite on different merchants
• Outfitting of itemized data on the elements that will control the development of the Conductive Inks markets
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please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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