With the exceptional ability to create circuits on paper or textiles, Conductive Ink is a technology composed of conductive organic polymers in solvents or metallic particles suspended in binders. Altogether the ink consists of carbon or silver particles that offer conductivity throughout the drawn circuits.
When compared to conventional industrial standards like etching copper from copper-plated substrates to form the same conductive traces on relevant substrates, these inks have emerged as technologically advanced & more cost-effective solutions in electronics.
The Global Conductive Inks Market is projected to grow at a CAGR of around 4.2% during the forecast period, i.e., 2022-27. The market is driven by the growing adoption of electronics by people, backed by the improving economic conditions and the swift expansion of the electronic industry, introducing new appliances & devices for greater convenience for the users.
|Study Period||Historical Data: 2017-20|
|Base Year: 2021|
|Forecast Period: 2022-27|
|Regions Covered||North America: The US, Canada, Mexico|
|South America: Brazil, Rest of South America|
|Europe: Germany, The UK, France, Spain, Russia, Italy, Rest of Europe|
|Asia-Pacific: China, Japan, India, South Korea, Rest of Asia Pacific|
|Middle East & Africa: Saudi Arabia, South Africa, Rest of Middle East & Africa|
|Key Companies Profiled||Creative Materials, Inc., DuPont, Applied Nanotech Holdings, Inc., Engineered Materials Systems, Epoxies, Fujikura Ltd., Henkel Ag & Co. KgaA, Heraeus Holding, Johnson Matthey, Methode Electronics, Nagase America Corporation, Novacentrix, Poly-Ink, PPG Industries, Inc., PChem Associates, Inc., Sun Chemical Corporation, Vorbeck Materials Corp., and Voxel8|
|Unit Denominations||USD Million/Billion|
It, in turn, is augmenting the demand for conductive inks for printed & flexible electronics in various applications. These areas of application range from healthcare, automotive, packaging, consumer electronics, industrial, & displays, among other industries, where conductive inks, such as carbon nanotube inks, silver nanoparticle inks, silver inks, and silver flakes, among others, are widely used.
As a result, the demand for conductive ink is swinging globally and generating growth opportunities for the leading players to increase their production & distribution capacities and cater to the rising needs worldwide. Moreover, rising disposable incomes & improved government finances encouraging the adoption of energy-efficient electronic devices are also boosting the utilization of conductive inks. In addition, the growing government focus on infrastructural development with the integration of electronic devices is also backing the market growth.
The governments of different countries are engaged in various Public-Private Partnerships (PPPs) to advance the country's automotive & electronics industries and are on offering reasonably priced contemporary electronics, pushing the industry growth through 2027.