Press release
Conductive Inks Market Share, Major Trends And Future Outlook 2024-2033
Conductive Inks Market
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.
Market Overview -
Conductive ink refers to electrically conductive and printable ink that is utilized in printed electronics. Conducive materials, such as graphite or silver, are infused into the ink which allows better electrical conductivity. Conductive inks can be deposited on a variety of planar or non-planar substrates. Conductive inks are also adaptable to inkjet printing or aerosol jet printing.
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Electronics Industry Surge Drives Growth In The Conductive Inks Market
Growing demand for electronics is expected to propel the growth of the conductive inks market going forward. Electronic devices refer to the emission, behavior, and consequences of electrons, which are the subjects of the field of electrical engineering and physics. As printable conductive inks are utilized for fabrication, the demand for conductive inks is increasing as a result of the inks' contribution to the improvement of the quality and quantity of electronics. Fabrication technologies that are quicker and more affordable than conventional production procedures are needed to create high-quality and affordable electronic components. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million ( ¥771,457 million). In addition, consumer electronics production reached $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022. Therefore, Growing demand for electronics is driving the conductive inks market growth.
Competitive Landscape -
Major companies operating in the conductive inks market include 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, NovaCentrix, Adnano Technologies Pvt. Ltd, Sun Chemical Corporation, PV Nano Cell Ltd., Methode Electronics, Epoxies Etc., Fortune International Technology LLC, Boston Industrial Solutions Inc., Nanospark, Chromatic Technologies, Centre for Process Innovation (CPI), Electroninks Incorporated, Haydale Graphene, Dycotec Materials Ltd., Dow Consumer, Applied Nanotech Holdings Inc., Nanosys Inc, Vorbeck Materials, American Elements, Metamaterial Inc.
Tech Innovation Enhance Growth In The Conductive Inks Market
Technological innovation is the key trend gaining popularity in the conductive inks market. Major companies operating in the conductive ink sector are focused on developing the latest technological solutions to strengthen their position in the market. For instance, in March 2021, DuPont, a US-based technology company specializing in electronics, transportation, construction, water, and healthcare, launched 5881, a brand-new Silver/Silver Chloride (Ag/AgCl) conductive ink/paste for medical applications. Its excellent conductivity and low electrode polarization allow manufacturers to design devices such as skin patches and continuous blood glucose monitors with a high rate of electrical feedback, helping to give patients accurate health information.
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Key Segments -
The conductive inks market covered in this report is segmented -
1) By Type: Silver Inks, Copper Inks, Conductive Polymer Inks, Carbon or Graphene Inks, Other Types
3) 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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