Global Conductive Inks Market Size, Share, Forecast Report 2025
The global conductive inks market stood at USD 3,213.1 million in 2018, and is expected to reach USD 4,496.7 million by 2025, while growing at a CAGR of 4.6% over the forecast period. The growth can be primarily attributed to the growing demand for efficiency and miniaturization of devices. Also, the emerging applications for conductive inks such as fuel cells, EMI shielding, electronic textiles, and medical devices, among others is expected to fuel the growth of conductive inks market.
Rising consumption of solar based panels across the globe coupled with increasing research & development in nanomaterials is projected to fuel the market demand. Also, significant upsurge of technological advancements in the healthcare industry is likely to have a positive impact on market growth. As a result, the medical device manufacturers are primarily focusing towards the improvement of functionality and precision of devices.
Conductive inks may be defined as electrically conductive, printable inks that are widely used in printed electronic industry in order to produce printed circuits, RFID tags, organic light emitting diodes and battery test stripes, among others. It is generally created by infusing graphite or other conductive materials into ink. These inks are mainly comprised of metallic particles such as copper and silver along with other conductive components such as carbon and graphite.
In addition, conductive inks are flexible, lightweight and have lower costs, making them highly suitable for diverse applications. Resins are used to disperse the conductive particles so as to provide the mechanical & adhesive properties. Further, solvents are added in order to dissolve the resins as well as to control the rheological properties of the ink. Also, conductive inks are increasingly being used as an alternate for traditional wire circuits due to better energy efficiency and durability.
Silver based conductive inks accounted for the major share of the market as they are flexible, offer excellent conductivity and thermal stability. Further, nanoparticles based conductive ink is an emerging technology owing to its high conductive properties along with nano dimension control of shape, size and particle distribution. Moreover, these inks can also be customized according to the printing substrate & technology used.
However, volatility in the prices of silver is likely to hinder the market growth over the forecast period. As a result, research and development activities are underway in order to develop cheaper raw materials with similar properties.
Automotive industry is set to offer significant opportunities during the forecast period
Conductive inks find their use across a diverse range of applications such as photovoltaics, automotive, printed circuit boards, thermal heating, membrane switches, and bio-sensors, among others. The automotive segment is likely to hold a significant share of the conductive inks market over the next seven years. Increasing use of conductive inks in airbag deployers, seat belt buttons, window demisters and other automotive applications has fostered the segment growth. Moreover, their application has been extended to heaters, touch screens, as well as seat occupancy sensors of automobiles.
Conductive inks market – Regional insight
Asia-Pacific dominated the global conductive inks market in 2018, and is expected to continue its dominance over the next seven years. The aforementioned growth can be primarily attributed to rapid industrialization along with the presence of key manufacturers in the region. Furthermore, the increasing investment in photovoltaics in the key markets of China and India is projected to propel the market growth over the forecast period.
RESEARCH METHODOLOGY
The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
The years used for the assessment are as follows;
OBJECTIVES:
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Research scope & assumptions
1.3. List of data sources
CHAPTER 2. Executive Summary
2.1. Conductive Inks – Market snapshot
CHAPTER 3. Industry Analysis
3.1. Market definition
3.2. Market segmentation
3.3. Key findings of the global conductive inks market
3.4. Value chain analysis
3.5. Raw material trends
3.6. Market opportunities
3.6.1. Increasing research & development in nanomaterials
3.6.2. Significant advancements in conductive ink technologies
3.7. Market trends
3.7.1. Rising consumption of solar based panels across the globe
3.7.2. Growing use across the automotive industry
3.8. Market dynamics
3.8.1. Market driver analysis
3.8.1.1. Emerging applications for conductive inks drive the market demand
3.8.1.2. Growing demand for efficiency & miniaturization of devices
3.8.2. Market restraint analysis
3.8.2.1. Volatility in the price of silver
CHAPTER 4. Competitive Outlook
4.1. Porter’s Five Forces Analysis
4.2. Company Market Share Analysis
4.2.1. Competitive Factors
CHAPTER 5. Global Conductive Inks Market Size and Forecast (2015 – 2025)
5.1. Global Conductive Inks Market, By Type (USD Million) (Tons)
5.1.1. Carbon/Graphene Inks
5.1.2. Copper-Based Conductive Inks
5.1.2.1. Copper Nanoparticles
5.1.2.2. Copper Flakes
5.1.2.3. Others
5.1.3. Silver-Based Conductive Inks
5.1.3.1. Silver Nanoparticles
5.1.3.2. Silver Flakes
5.1.3.3. Silver Nanowire
5.1.4. Conductive Polymers
5.1.5. Carbon Nanotube (CNT) Inks
5.1.6. Dielectric Ink
5.1.7. Others
5.2. Global Conductive Inks Market, By Application (USD Million) (Tons)
5.2.1. Membrane Switches
5.2.2. Radio-Frequency Indentification (RFID)
5.2.3. Photovoltaics (PV)
5.2.4. Automotive
5.2.5. Printed Circuit Board (PCB)
5.2.6. Thermal Heating
5.2.7. Bio-Sensors
5.2.8. Displays
5.2.9. Others
CHAPTER 6. Global Conductive Inks Market Size and Forecast, By Region (2015 – 2025)
6.1. North America Conductive Inks Market (USD Million) (Tons)
6.1.1. North America Conductive Inks Market, By Type (USD Million) (Tons)
6.1.2. North America Conductive Inks Market, By Application (USD Million) (Tons)
6.1.3. North America Conductive Inks Market, By Country (USD Million) (Tons)
6.1.3.1. The U.S.
6.1.3.2. Canada
6.1.3.3. Mexico
6.2. Europe Conductive Inks Market (USD Million) (Tons)
6.2.1. Europe Conductive Inks Market, By Type (USD Million) (Tons)
6.2.2. Europe Conductive Inks Market, By Application (USD Million) (Tons)
6.2.3. Europe Conductive Inks Market, By Country (USD Million) (Tons)
6.2.3.1. Germany
6.2.3.2. U.K
6.2.3.3. France
6.2.3.4. Spain
6.2.3.5. Italy
6.2.3.6. Rest of Europe
6.3. Asia-Pacific Conductive Inks Market (USD Million) (Tons)
6.3.1. Asia-Pacific Conductive Inks Market, By Type (USD Million) (Tons)
6.3.2. Asia-Pacific Conductive Inks Market, By Application (USD Million) (Tons)
6.3.3. Asia-Pacific Conductive Inks Market, By Country (USD Million) (Tons)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. India
6.3.3.4. Australia
6.3.3.5. South Korea
6.3.3.6. Rest of Asia-Pacific
6.4. Central & South America (CSA) Conductive Inks Market (USD Million) (Tons)
6.4.1. Central & South America (CSA) Conductive Inks Market, By Type (USD Million) (Tons)
6.4.2. Central & South America (CSA) Conductive Inks Market, By Application (USD Million) (Tons)
6.4.3. Central & South America (CSA) Conductive Inks Market, By Country (USD Million) (Tons)
6.4.3.1. Brazil
6.4.3.2. Chile
6.4.3.3. Rest of Central & South America (CSA)
6.5. Middle East & Africa (MEA) Conductive Inks Market (USD Million) (Tons)
6.5.1. Middle East & Africa (MEA) Conductive Inks Market, By Type (USD Million) (Tons)
6.5.2. Middle East & Africa (MEA) Conductive Inks Market, By Application (USD Million) (Tons)
6.5.3. Middle East & Africa (MEA) Conductive Inks Market, By Country (USD Million) (Tons)
6.5.3.1. UAE
6.5.3.2. Saudi Arabia
6.5.3.3. South Africa
6.5.3.4. Rest of Middle East & Africa (MEA)
CHAPTER 7. Key Players and Strategic Developments
7.1. DowDuPont
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. Merck KGaA
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Henkel Corporation
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Sun Chemical
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments
7.5. Heraeus Holding
7.5.1. Business Overview
7.5.2. Product and Service Offering
7.5.3. Financial Overview
7.5.4. Strategic Developments
7.6. Poly-Ink
7.6.1. Business Overview
7.6.2. Product and Service Offering
7.6.3. Financial Overview
7.6.4. Strategic Developments
7.7. Johnson Matthey
7.7.1. Business Overview
7.7.2. Product and Service Offering
7.7.3. Financial Overview
7.7.4. Strategic Developments
7.8. Novacentrix
7.8.1. Business Overview
7.8.2. Product and Service Offering
7.8.3. Financial Overview
7.8.4. Strategic Developments
7.9. Vorbeck Materials.
7.9.1. Business Overview
7.9.2. Product and Service Offering
7.9.3. Financial Overview
7.9.4. Strategic Developments
7.10. Applied Ink Solutions
7.10.1. Business Overview
7.10.2. Product and Service Offering
7.10.3. Financial Overview
7.10.4. Strategic Developments
7.11. TEKRA
7.11.1. Business Overview
7.11.2. Product and Service Offering
7.11.3. Financial Overview
7.11.4. Strategic Developments
7.12. Creative Materials Inc.
7.12.1. Business Overview
7.12.2. Product and Service Offering
7.12.3. Financial Overview
7.12.4. Strategic Developments
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers