Rapid Advancements will boost Conductive Inks Market Size Further
Conductive Inks Market: Drivers and Restraints
Many wide range electronic products such as medical devices, electronic appliances, solar designs etc. are based on the printed circuit board technology, which is expected to drive the growth of global conductive inks market. The rapid growth in consumption of flexible and touch screen based electronic devices is anticipated to boost the growth of global conductive inks market. The increasing awareness regarding use of renewable resources in residential and industrial sector and the rapid growth in consumption of solar based panels and other devices is anticipated to be a significant driver for the growth conductive inks market. Medical devices account for share in consumption of conductive inks. There is an upsurge of technological advancement in healthcare industry and the medical device manufacturers are constantly focusing on improving functionality and precision of the devices.
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Conductive Inks Market: Segmentation
On the basis of type, the global conductive inks market can be segmented as follows:-
Silver Conductive Inks
Carbon Conductive Inks
Silver Nano Inks
Silver Chloride Inks
Copper/ Copper Oxide Inks
On the basis of application, the global conductive inks market can be segmented as follows:-
Potentiometers and PCBs (Printed Circuit Board)
Electroluminescent (EL) Panel
Conductive Inks Market: Region Wise Outlook
The global conductive inks market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Western Europe accounts for significant share in conductive inks market, which is attributed to the rise in consumption of solar based devices and flexible electronic equipments. North America also has a major share in global conductive inks market as it dominates the medical devices market in terms of value. APEJ is expected to project high CAGR in terms of value and volume during the forecast period. The improved lifestyle of consumers has resulted in rising demand for consumer electronic appliances and mobiles, especially in China, ASEAN region and India. Japan has significant share in conductive inks market, which is attributed to the mature electronics market in the country.
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Conductive Inks Market: Key Players
Some of the key players in the global conductive inks market are as follows:
Henkel AG & Co. KGaA
Creative Materials Inc.
Conductive Compounds, Inc.
TEKRA, A Division of EIS, Inc.
Sigma-Aldrich Co. LLC.
TOYO INK GROUP
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