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 2027
|ID: VPR/CR/1170||Publishing Year: January 2022||Pages: 112||Format:|
Conductive Inks Market Overview:
Electrically Conductive and Printable Ink that is utilised in printed electronics or things is referred to as Conductive Ink. In order to permit electrical conduction, conductive materials such as graphite or silver are infused into the ink. Sensors, touch screens, antennas, RFID, printed heaters, and photovoltaic cells such as CIGS, perovskite, and silicon heterojunction solar cells are among the applications for Conductive Ink.
A printed object made with Conductive Ink Conducts Electricity. Ink is infused with conductive substrates to create it. Silver, graphite, carbon, or any other precious metal-coated base material is used in conductive inks. Flexographic, screenprint, spray, dip, stencil print, and syringe dispense are just a few of the methods for applying conductive inks.
Key Players for Conductive Inks Market: Some of the key players in this market are Henkel AG & Co, Dupont, Johnson Matthey, Sun Chemical Corporation, Parker Chromerics, Poly-ink, Creative Material Inc, Pchem Associates, Vorbeck Materials Corporation, Novacentrix and others.
Environmental rules have been introduced by governments throughout the world to encourage industry to reduce the quantity of heavy materials used in devices by replacing them with lightweight modern materials. In addition to this, customer demand for tiny and lightweight electronics has raised the demand for product miniaturisation in the consumer electronics sector. To increase functional features, reduce material input, and save energy, lightweight construction is adopted. Conductive inks are efficient, effective, and dependable, and are frequently utilised to improve efficiency and reduce the weight of electronic components by replacing traditional wire and circuit arrangements.
Different types of metals, such as silver and copper, are used to make conductive inks, or carbon particles are used. In many applications, carbon particles are favoured because they provide appropriate technical qualities at a moderate cost. Carbon inks have a low and unpredictable conductivity when compared to other metals. Direct conductivity can only be obtained utilising carbon particles by curing, which is a time-consuming and expensive process.
The lack of chemical compatibility with most polymers, which is required for mechanical endurance, is a key impediment to the expansion of the conductive inks business. In addition, there is a need to create technologies that can provide Conductive Inks with long-term stability for commercial applications. This problem is most prevalent with nanoparticle inks, due to the high cost of the technologies required for their application. The demand for optimising the use of conductive inks in specialised printing processes has grown as a result of new applications.
The Global Conductive Inks Market is segmented by type and application
Silver inks, Copper inks, Carbon nanotube inks, Carbon/graphene inks, Conductive polymer, and Others are the different types of inks available. During the projection period, the silver conductive inks sector is expected to hold the biggest share. Silver inks are the most popular form because they are commonly employed in photovoltaic applications. The utilisation of silver inks is driving the emerging trend of integrating several technologies.
The market is divided into Photovoltaics, Membrane Switches, Displays, RFID, and Others based on application. During the forecast period, the RFID application is expected to have the greatest CAGR. The use of Conductive Inks in the printing of RFID chips has a number of advantages, including reduced size and faster and more efficient production, resulting in lower production costs. The industry is predicted to expand due to rising demand for RFID tags.
Emerging markets like China and India accounted for a significant portion of the global conductive ink industry. Investments in solar photovoltaic systems in China and India have sparked a spike in the conductive inks market, as these systems are expected to produce vast amounts of solar energy. This, in turn, is expected to provide an opportunity for nonrenewable energy to be replaced.
The Asia Pacific Conductive Ink Market is being driven by macroeconomic factors such as the growing middle class, increased disposable incomes, education, changing demographics, and fast urbanisation. In the region, there is a considerable need for conductive inks in consumer electronics. The market's overall growth is expected to be boosted by the increasing presence of key players in Asia Pacific.
The United States is the world's second-largest automaker, which has resulted in a significant demand for Conductive Inks from the country. The United States' market growth has been helped by the country's vast market size, high disposable incomes, mass production capability, and wide range of products. The conductive ink market has also benefited from the presence of large global companies and their manufacturing centres in the country.
DowDuPont, Henkel AG & Co. KGaA, Heraeus Holding GmbH, Johnson Matthey, Poly-Ink, Sun Chemical Corporation, and NovaCentrix are among the key Tier I and II providers in the global Conductive inks industry. Manufacturing facilities for these providers can be found throughout Asia Pacific, Europe, North America, South America, and the Middle East and Africa. COVID-19 has also had an influence on their enterprises.
Due to decreasing demand, supply chain constraints, and to protect the safety of their employees in the US, France, Germany, Italy, and Spain during the COVID-19 epidemic, these companies have issued a production halt. As a result, demand for Conductive inks is forecast to fall in 2020. Manufacturers will most likely adapt production to avoid bottlenecks and schedule production based on demand from tier 1 suppliers.
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