Global Conductive Inks Markets, 2021-2026 - Conductive Inks are Gaining in Huge Popularity with the Growth in the Demand for Printed Electronics
DUBLIN, November 29, 2021 - (BUSINESS WIRE) - Conductive Inks: Global Markets Through 2026 report has been added ResearchAndMarkets.com to offer.
The global market for conductive inks is expected to grow from 3.6 billion US dollars in 2021 to 4.4 billion US dollars by 2026, with an average annual growth rate (CAGR) of 4.0% for the period 2021-2026.
The North American conductive ink market is expected to grow from $ 770.9 million in 2021 to $ 911.9 million by 2026, with a CAGR of 3.4% for the period 2021-2026.
The Asia-Pacific conductive ink market is expected to grow from $ 2.1 billion in 2021 to $ 2.7 billion in 2026, with a CAGR of 6.4% for 2021-2026.
Conductive inks are enjoying great popularity in the market with the growing demand for printed electronics. Currently, most of the industry uses printed electronics due to the growing need for lightweight components. They are easy to use and a better alternative to traditional systems.
Conductive inks are used in these printed electronics to conduct electricity. They consist of conductive pigments such as silver, copper, graphene / carbon or conductive polymers mixed with other solutions. The inks can be easily applied to the substrate without much curing time. Currently, stretchable conductive inks have become more attractive in smart textiles. They don't break easily, which makes them an ideal solution for smart wearables.
The Conductive Inks market can be analyzed based on two main categories: Type and Application. According to the type, the global conductive inks market is segmented into silver, carbon / graphene, copper, conductive polymers, and others. In 2020, conductive silver-based inks had the largest share of the world market. Silver remains the primary material of choice for conductive inks because of the high performance stability, excellent conductivity, and the mass manufacturability of the silver material.
Depending on the application, the global market for conductive inks is divided into photovoltaic cells, automotive applications, touch screens, membrane switches, biosensors, RFID and others. In 2020, the photovoltaic cell segment dominated the global conductive inks market. Conductive inks, mainly silver inks, are used extensively in the manufacture of photovoltaic cells. The tremendous growth in the PV industry with the increasing installation of PV modules around the world is expected to increase the demand for conductive inks for the production of photovoltaic cells.
The story goes on
The Asia Pacific region is the largest consumer of conductive inks. China in particular produces 80% of the world's photovoltaic cells, making it one of the largest consumers of conductive inks. North America, on the other hand, has the second largest share of the world market, followed by Europe.
The main drivers of the rapid growth of conductive inks are their contributions to the e-textile sectors and wearable technology. It is far more popular today than any other traditional solution because it is easily configurable and meets a wide variety of industry needs.
It is considered one of the best solutions for e-textiles as it can be added even after the main product is made without disrupting the textile manufacturing process.
The report contains
Estimating market size and analyzing market trends with data for 2020, estimates for 2021 and projection of the CAGR to 2026
To quantify the conductive ink market by type, application, and region, as well as analyze market drivers, restraints, and other forces affecting the global market
Description of stretchable ink, its use and manufacture, as well as information on smart textiles and their development
Highlights of the current and future market potential and detailed analysis of the regulatory framework and the reimbursement scenario
Learn about major e-textile products used in the industry, their performance, and discussion of future performance improvements required for stretch inks
Market share analysis of the most important companies in the industry and reporting on events such as mergers and acquisitions, joint ventures, cooperations or partnerships and other important market strategies as well as a relevant patent analysis
Company profiles of important market players, including C-INK Co. Ltd., Creative Materials Inc., DuPont, Henkel AG & Co. KGaA, InkTec Co. Ltd., Johnson Matthey, NANO MAGIC LLC, Novacentrix and Sun Chemical
Key topics covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
introduction
Industry structure
Analysis of the value chain
Raw material and product manufacturing
distribution
End user
Processability and printability of conductive inks
Ink rheology
Evaporation rate
Surface wetting
Impact of COVID-19 on the Conductive Ink Market
introduction
Impact on demand
Effects on the offer
diploma
Market dynamics
driver
Restrictions
Opportunities
Chapter 4 Stretchable Inks
introduction
Use of stretchable ink in smart textiles
Evolution of smart textiles
Stretch inks industry
Manufacturer of stretchable inks
Chapter 5 Conductive Inks Market by Type
Silver inks
Carbon / graphene inks
Copper inks
Conductive polymer inks
Chapter 6 Conductive Inks Market by Application
Photovoltaic cells
Automotive applications
Touch screen
Membrane switch
Biosensors
RFID
Chapter 7 Conductive Inks Market by Regions
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
Please visit https://www.researchandmarkets.com/r/xf85qx for more information on this report
View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005380/en/
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