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Conductive Inks Market 2024-2033: Competitor Assessment, Industry Size And Major Players
Conductive Inks Market
As per the report, 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 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%.
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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.
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.
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
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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.
Contents of the report:
1. Executive Summary
2. Conductive Inks Market Report Structure
3. Conductive Inks Market Trends And Strategies
4. Conductive Inks Market - Macro Economic Scenario
5. Conductive Inks Market Size And Growth
…..
27. Conductive Inks Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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