The report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Conductive Ink market is likely to witness a healthy CAGR of 4.2% during the forecast period. The prime factor that is contributing to the demand for conductive inks is growing demand in electronic industry and increasing demand for efficiency and miniaturization of devices, which in turn, is driving the market.
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Segment Analysis
Conductive Ink Market Share: By Type
Based on the type, the market is segmented as silver inks, copper inks, carbon nanotube inks, carbon/graphene inks, conductive polymer and others. The silver ink segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of silver ink in photovoltaic applications is the key driver for its dominance.
Conductive Ink Market Share: By Application Type
Based on the application type, the conductive ink market is segmented as photovoltaics, membrane switches, displays, automotive, bio-sensors, RFID, PCB, thermal heating and others. The RFID segment dominates the market as use of conductive inks in the printing of RFID chips offers several benefits, such as reduction in size and faster and more efficient production, which result in low cost of production and rising demand for RFID tags, which are propelling the growth of the segment during the forecast period.
Conductive Ink Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for conductive inks during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of the photovoltaics, PCBs, touchscreen products and the increasing use of windshield sensors in vehicles. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Conductive Ink Market Share: By Type
Based on the type, the market is segmented as silver inks, copper inks, carbon nanotube inks, carbon/graphene inks, conductive polymer and others. The silver ink segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of silver ink in photovoltaic applications is the key driver for its dominance.
Conductive Ink Market Share: By Application Type
Based on the application type, the conductive ink market is segmented as photovoltaics, membrane switches, displays, automotive, bio-sensors, RFID, PCB, thermal heating and others. The RFID segment dominates the market as use of conductive inks in the printing of RFID chips offers several benefits, such as reduction in size and faster and more efficient production, which result in low cost of production and rising demand for RFID tags, which are propelling the growth of the segment during the forecast period.
Conductive Ink Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for conductive inks during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of the photovoltaics, PCBs, touchscreen products and the increasing use of windshield sensors in vehicles. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Conductive Ink Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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