Conductive Inks Market Research Report - Forecast to 2030

Conductive Inks Market Information, by Product Type (Silver Conductive Inks, Electrically Conductive Inks, Dielectric Inks, Copper Conductive Inks, Carbon Inks and Others), by Application (Consumer Electronics, Automotive, Energy, Utilities, Packaging and Others) - Forecast to 2030

ID: MRFR/CnM/1371-HCR | November 2022 | Region: Global | 142 Pages         

Conductive Inks Market

It Is Expected That The Conductive Inks Market Will Experience More Than USD 4.22 Billion By 2030 With A CAGR Of 4%.

Segmentation

By Product Type Silver Conductive Inks Electrically Conductive Inks Dielectric Inks Copper Conductive Inks Carbon Inks
By Application Consumer Electronics Automotive Energy Utilities Packaging

Key Players

  • Henkel AG & Co
  • Dupont
  • Johnson Matthey
  • Sun Chemical Corporation
  • Parker Chromerics
  • Poly-ink
  • Creative Material Inc
  • Pchem Associates
  • Vorbeck Materials Corporation
  • Novacentrix

Drivers

  • Huge demand from Asia-pacific regions
  • Replacing traditional circuit and energy consuming wires
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Conductive Inks Market Overview


Conductive ink combines the ability to conduct electricity with the usage of ink. Conductive inks refer to electrically printable and conductive ink used to print electronics or objects. The ink is made by infusing conductive material like silver or graphite into the ink that enables electrical conduction. Various applications of the conduction ink are touch screens, sensors, silicon heterojunction solar cells and others. The increasing usage of conductive ink in OLEDs, smart packaging, thin-film transistors, and flexible displays is expected to foster market growth in the forecast period.


 It is expected that the Conductive Inks Market will experience more than USD 4.22 billion by 2030 with a CAGR of 4%.


The growing electronic industry and technology will help the market absorb more growth in the forecast period. The Conductive Inks Market Forecast shows it will hold a high CAGR in the forecast period due to the increasing demand for Conductive Inks.


Covid-19 Analysis


Covid has triggered a lot of industries and their revenue and impacted the business models used by businesses in many chemical manufacturing industries. The chemicals sectors of every region undergo an instant change during the pandemic period. The shutdown globally raised many challenging factors for the stakeholders and the investors as there was a lockdown. Hence, the manufacturers could not manufacture the raw materials in different regions, which impacted the Conductive Inks Market profit. Any new market players could not invest in the market due to the condition of the market. The usage of the chemical industries decreased, impacting the Conductive Inks Market.


Conductive Inks Market Size by Region, 2015 (USD Million)


 



Chief Factors Existing In The Market  


Key Drivers

Much broad range of electronics products such as medical equipment, electronic appliances, solar designs and others are based on printed circuit board technology, which will drive the Conductive Inks Market. The rising demand for the touch screen and flexible electronic equipment will foster the Market Trends. The growing awareness related to the employment of renewable resources in industrial and residential areas will accelerate the Conductive Inks Market towards growth. In the medical sector, the recent technological advancement and usage of advanced products in the healthcare industry to improve the functionality and accuracy of the treatment will increase the market growth in the forecast period. The introduction of the novel products such as aluminium, gold and nickel-based conductive inks is expected to make the market register a high CAGR.

Market Challenges

Pandemic is a huge challenge for the Conductive Inks Market Value as, during the pandemic, the market faced a lot of losses and coming out through all of that is difficult and challenging at the same time. The availability of alternatives for silver and the decreasing use of silver in several industries are acting as a challenge for the Conductive Inks Market.

Market Opportunities

The enhancement in the use of versatile and contact screen-based electronic gadgets is expected to assist the advancement of the Conductive Inks Market. The use of sun-based sheets and advancement will form a major growth opportunity. Due to the high carbon dioxide release, the worries to lessen the releases have threatened the government agencies to shit to the less carbon emission substitutes leading to the opportunity for the market.

Market Restraints

Silver is the first chosen metal in the electronic sector as the metal has high conductivity and oxidation stability. Due to the high conductivity property, silver inks are used in high-performance electronic devices. However, the rise in the price of the silver leads to minimising its use or replacing it with other metals. The fluctuation of the silver cost made manufacturers shift the focus to any alternative, less costly conductive metals like aluminium or copper, diminishing the market growth.

Cumulative Evaluation Of The Market  


According to the Conductive Inks Market Analysis, The cumulative evaluation of the Conductive Inks Market shows a recent overview and current market evaluation. The report shows market factors like drivers and opportunity, which open up new market production methods and fuel the market to reach its estimated market position. At the same time, the restraints and challenges of the market impact the market negatively, which leads to the limiting of the market's demand. The impact of the pandemic is also predicted in the report, and the ways to overcome is mentioned in the market.



Market Segmentation


 


Market segmentation 


By Product Type

The product type segment of the market is segregated into Silver Conductive Inks, Electrically Conductive Inks, Dielectric Inks, Copper Conductive Inks, Carbon Inks and Others. among them, silver conductive inks are expected to dominate the market in the forecast period owing to the wide use in photovoltaic Application, and also several industries prefer this. The rise of different technologies will drive the use of silver inks.

By Application

Based on the Application, the Conductive Inks Market is classified into Consumer Electronics, Automotive, Energy, Utilities, Packaging and Others. The energy application will register high growth in the forecast period. The rising demand for cheaper energy will increase the market growth, and the sector will grow. Other remaining industries will also register growth in the coming years.

Regional analysis 


The Conductive Inks Market is classified into the Asia Pacific, North America, Europe, the middle east and Africa. The Asia Pacific registered high growth due to high-end industries like touch screens, photovoltaics, microelectronics and others. Over the decades, the demand for electronics has raised in the region, which impacted the market towards growth due to the shift in demographics and increasing purchasing power. The countries present in the Asia Pacific regions like China, India and others made up their mind to limit their dependency on fossil fuels and replace them with photovoltaics to meet the power demand in the region. These factors will increase the power demand, increasing the demand for the Conductive Inks Market Size. North America will experience growth significantly due to the rising demand from the electronic device manufacturing industry. The U.S is one of the hubs for automobiles and contains many manufacturing facilities witnessing a rapid increase in usage of electric vehicles sales in recent years. Growing product demand in manufacturing electronic components installed in electric vehicles will rise the Conductive Inks Market Share. Growing consumer demand for vehicles with advanced technology like sensor devices will drive the growth in the region. Europe is showcasing significant growth as the region has set legally binding commitments to decrease the carbon emission by 55% by 2030, compare them to 1990 levels and eliminate them by 2050. The region is using renewable resources is one of the initiatives for the environment. The rising demand for solar energy expansion and its strong initiation to the transition to renewable energy will foster the market in the region. Latin America has poor political and economical uncertainties, due to which the market does not register high growth. The middle east and Africa will not experience high growth due to the region's poor electronic sector.


Competitive Intensity Within The Industry   


The research report represents a comprehensive assessment of the market and consists of thoughtful insights, data, facts and market validated data. The competitive intensity of the market depicts the market competition among several market players. The region's market players contribute to the market value to register a growth effect on the market. Key vendors operating in the market on many factors such as product value, process, and performance. The market players are engaged in many strategies, and new product launches to boost the market position globally. Several research primarily and secondarily is carried out to promote the product and improve sales in the marketplace. Several details are included in the competitive landscape, such as dominance, initiatives, production, projects and others. The key investors who are dominating the Conductive Inks Market Outlook are



  • Henkel AG & Co

  • Dupont

  • Johnson Matthey

  • Sun Chemical Corporation

  • Parker Chromerics

  • Poly-ink

  • Creative Material Inc

  • Pchem Associates

  • Vorbeck Materials Corporation

  • Novacentrix


Recent development


October 2021-Sun Chemical introduces Xennia Pearl, a range of pigment conductive inks with a host of industrial applications. This range comprises conductive inks for high-viscosity as well as mid-viscosity printheads, has been designed after extensive market assessment and certain consumer needs, especially the requirement for multi-substrate compatibility, high fastness, high print performance, and consistent color.
Based on resins and pigments of the company, these conductive inks facilitate major application areas of home textiles and fashion, two spaces that are increasingly adopting digital pigment printing.
The new product line is part of the company’ wider series of water-based inkjet inks for use in textiles, including sublimation, pigment, acid dye and reactive inks, under the ElvaJet and Xennia brands.

In June 2020, Haydale announced that after they achieved success from their Phase 1 collaboration agreement with IRPC Public Company (IRPC), they have now signed a Phase 2 collaboration agreement with the latter. With this agreement, IRPC will now focus on manufacturing transparent graphene and functionalized acetylene black conductive inks that would help in RFID, NFC and related applications.

In June 2020, PV Nano Cell Ltd., a known name as a provider of inkjet-based conductive digital printing solutions and manufacturer of conductive digital inks, announced that they have come up with a conductive gold ink that can be used with inkjet and aerosol printing. The new gold ink covers a wide range of applications and is ready to meet various specific needs of the clients. It can be paired with the production process of components like connectors, soldered joints, switch and relay contacts, PCB, plating and wire bonding. The new ink would support a digital, additive, simple, mass-production technology.

Report Overview 


The research report provides a comprehensive assessment of the Conductive Inks Market Growth. It also consists of deep insight, statistics data and a clear report. The Conductive Inks Market focuses on crucial aspects of the market, including segments. The prominent one is studied in-depth, key vendors improving the market size, regions where the market is situated, market applications, and others. In the report, the market trends and recent developments are also highlighted. The growth at the global level, dynamics and coming opportunities for the market are mentioned for the market valuation.


Key industrial segments 


By Product Type



  • Silver Conductive Inks

  • Electrically Conductive Inks

  • Dielectric Inks

  • Copper Conductive Inks

  • Carbon Inks

  • Others


By Application



  • Consumer Electronics

  • Automotive

  • Energy

  • Utilities

  • Packaging

  • others



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2030: USD 4.22 Billion
  • 2027: Significant value
  •   CAGR   4%(2014–2027)
      Base Year   2019
      Forecast Period   2020-2030
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Product Type, By Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Henkel AG & Co, Dupont, Johnson Matthey, Sun Chemical Corporation, Parker Chromerics, Poly-ink, Creative Material Inc, Pchem Associates, Vorbeck Materials Corporation, Novacentrix
      Key Market Opportunities

  • Superior physical properties
  • Growing application industries
  •   Key Market Drivers

  • Huge demand from Asia-pacific regions
  • Replacing traditional circuit and energy consuming wires


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    Frequently Asked Questions (FAQ) :

    The conductive inks market has a chance to record 4% CAGR between 2014 and 2022, which, as per MRFR, is the forecast period.

    The conductive inks market has a scope to surpass USD 4.22 billion mark by 2022.

    Asia Pacific region has the maximum market share of the conductive inks market.

    Silver conductive inks have the largest share of the conductive inks market.

    Companies like Johnson Matthey, Henkel AG & Co, Dupont, Parker Chromerics, Sun Chemical Corporation, Pchem Associates, Poly-ink, Creative Material Inc, Novacentrix, Vorbeck Materials Corporation, and others are transforming the conductive inks market dynamics.