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Global Conductive Inks Market 2024 New Trends, Business Growth, Segmentation And Key Players Analysis Till 2033 | Major Players Are DuPont de Nemours Inc., Henkel Adhesives Technologies India Private Limited, Creative Materials Inc., Heraeus Group PPG Ind
Conductive Inks Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the conductive inks global market report 2024 industry. This report on conductive inks market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The conductive inks market size has grown strongly in recent years. It will grow from $3.38 billion in 2023 to $3.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to electronics miniaturization, printed electronics, flexible and wearable electronics, IoT connectivity, energy efficiency.
The conductive inks market size is expected to see strong growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to 5g and wireless technology, smart packaging, biomedical and healthcare devices, sustainable electronics, automotive electronics. Major trends in the forecast period include miniaturization and integration, wearable technology, printed electronics, iot sensor integration, 3D printing.
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Key Market Players:
DuPont de Nemours Inc., Henkel Adhesives Technologies India Private Limited, Creative Materials Inc., Heraeus Group PPG Industries, Johnson Matthey PLC, Vorbeck Materials Corporation, Daicel Corporation.
Market Drivers:
According to the Conductive Inks Market Report 2024 by The Business Research Company, the expanding automotive industry is expected to drive the growth of the conductive inks market. The automotive industry refers to a sector that involves various companies and organizations engaged in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. Conductive inks are used in the automotive industry for a variety of applications due to their electrical conductivity, flexibility, and versatility and contributing to the advancement of automotive technology, safety, and user experience. For instance, in January 2023, according to MarkLines Co. Ltd., a US-based provider of online information services to the automotive industry, there were 1.287 billion units of light vehicles sold in the US in 2022, a 5.4% increase from the same month in 2021. Also, truck and SUV sales increased 5.3% from December 2021 to 1.02 billion units, while passenger car sales increased 5.7% to 0.266 billion units. Therefore, expanding the automotive industry is expected to propel the growth of the conductive inks market.
More information about the Global Conductive Inks Market Report -
https://www.thebusinessresearchcompany.com/report/conductive-inks-global-market-report
Market segments for template include:
1) By Type: Silver Inks, Copper Inks, Conductive Polymer Inks, Carbon or Graphene Inks, Other Types
2) By Product Type: Offset Silver Ink, Letterpress Ink, Intaglio Silver Ink
3) By Application: Photovoltaic, Membrane Switches, Displays, Automotive, Smart Packaging, Biosensors, Printed Circuit Boards, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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