The Conductive Inks Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Conductive Inks Global Market Report 2024, The conductive inks market size has grown strongly in recent years. It will grow from $3.38 billion in 2023 to $3.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to electronics miniaturization, printed electronics, flexible and wearable electronics, iot connectivity, energy efficiency.
The conductive inks market size is expected to see strong growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to 5g and wireless technology, smart packaging, biomedical and healthcare devices, sustainable electronics, automotive electronics. Major trends in the forecast period include miniaturization and integration, wearable technology, printed electronics, iot sensor integration, 3d printing.
Growing demand for electronics is expected to propel the growth of the conductive inks market going forward. Electronic devices refer to the emission, behavior, and consequences of electrons, which are the subjects of the field of electrical engineering and physics. As printable conductive inks are utilized for fabrication, the demand for conductive inks is increasing as a result of the inks’ contribution to the improvement of the quality and quantity of electronics. Fabrication technologies that are quicker and more affordable than conventional production procedures are needed to create high-quality and affordable electronic components. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million ( ¥771,457 million). In addition, consumer electronics production reached $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022. Therefore, Growing demand for electronics is driving the conductive inks market growth.
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The conductive inks market covered in this report is segmented –
1) By Type: Silver Inks, Copper Inks, Conductive Polymer Inks, Carbon or Graphene Inks, Other Types
3) By Product Type: Offset Silver Ink, Letterpress Ink, Intaglio Silver Ink
3) By Application: Photovoltaic, Membrane Switches, Displays, Automotive, Smart Packaging, Biosensors, Printed Circuit Boards, Other Applications
Technological innovation is the key trend gaining popularity in the conductive inks market. Major companies operating in the conductive ink sector are focused on developing the latest technological solutions to strengthen their position in the market. For instance, in March 2021, DuPont, a US-based technology company specializing in electronics, transportation, construction, water, and healthcare, launched 5881, a brand-new Silver/Silver Chloride (Ag/AgCl) conductive ink/paste for medical applications. Its excellent conductivity and low electrode polarization allow manufacturers to design devices such as skin patches and continuous blood glucose monitors with a high rate of electrical feedback, helping to give patients accurate health information.
The conductive inks market report table of contents includes:
- Executive Summary
- Conductive Inks Market Characteristics
- Conductive Inks Market Trends And Strategies
- Conductive Inks Market – Macro Economic Scenario
- Global Conductive Inks Market Size and Growth
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- Global Conductive Inks Market Competitive Benchmarking
- Global Conductive Inks Market Competitive Dashboard
- Key Mergers And Acquisitions In The Conductive Inks Market
- Conductive Inks Market Future Outlook and Potential Analysis
- Appendix
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