The global conductive ink market is expected to reach USD 4.37 billion by
2024, according to a new report by Grand View Research, Inc. Robust demand for
miniaturization coupled with efficiency in the electronics industry is expected
to fuel the global conductive ink market over the forecast period. These inks
are also likely to replace bulky energy consuming wire and circuits in the
future. Conductive inks are smaller in size and provide better durability &
efficiency as compared to traditional wire circuits.
Factors such as lack of product education, advertisements and information
sharing on the part of the manufacturers are expected to critically impact the
total market over the forecast period. Researchers and renowned brand owners
are trying to overcome these difficulties through the help of media, which is
anticipated to create new avenues for industry participants.
In recent years, silver conductive inks have been widely used for various
applications owing to its excellent printability and conductivity. However,
high prices coupled with scarce availability have forced the manufacturers to
introduce its alternatives, which are relatively less expensive, and exhibits
same qualities as silver. Copper-based & graphene-based conductive inks are
less costly and free from aggregation & oxidation problems.
Moreover, recent advances are being made by manufacturers to introduce
newer formulations containing minimal silver formulations. ABLESTIK ECIV-1001,
primarily used in automobile application, is a traditional conductive silver
ink which is inexpensive and has less silver content.
In depth research report
on Conductive Ink Market
Further key findings from
the report suggest:
•
Conductive ink usage in display technology is presumed to grow at an
estimated CAGR of 4.1% over the next eight years. This technology is widely
used in smart phone innovations and other electronic devices. The increased
levels of resolutions coupled with better picture density have resulted in the
growth of conductive inks. Silver inks are being widely used in flexible
circuitry display devices.
•
Asia Pacific emerged as the most dominant regional market and accounted
for over70% of total market revenue in 2015. The regional growth can be
attributed to the continuous expansion of consumer electronics, printed
electronics, and photovoltaic application segment.
•
The global conductive ink market is consolidated in nature as a handful
number of industry participants holding a major share of the overall market.
Industry participants include Polyink, Novacentix, Creative Material, Inc., Sun
Chemical Corporation, Voxel 8, and Johnson Matthey Color Technology.
Grand View Research has segmented the global conductive ink market on the
basis of product, application, and region:
Global Conductive Ink
Product Outlook (USD Million, 2014 - 2024)
•
Conductive silver ink
•
Conductive copper ink
•
Conductive Nanotube ink
•
Di electric ink
•
Carbon/graphene ink
•
Conductive polymer
•
Others
Global Conductive Ink
Application Outlook (USD Million, 2014 - 2024)
•
Photovoltaic
•
Membrane switches
•
Displays
•
Smart packaging
•
Printed circuit boards
•
Biosensors
•
Automotives
•
Others
Global Conductive Ink
Regional Outlook (USD Million, 2014 - 2024)
•
North America
o
U.S.
•
Europe
o
Germany
o
UK
o
France
•
Asia Pacific
o
China
o
India
o
Japan
•
Central & South America
o
Brazil
•
Middle East & Africa
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reports of this category:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more market analysis
reports, please visit: http://www.grandviewresearch.com/
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