Conductive
inks conduct electricity due to the presence of certain materials such as
silver, copper, polymers, nanotubes, carbon, gold and nickel among others.
Conductive inks are used in a wide range of applications such as photovoltaic
(PV), electronic displays, sensors, automotives, smart packaging and membrane
switches among others.
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Growing
demand for electronics and automobiles is expected to be one of the primary
drivers for the growth of the market, owing to the increasing scope of
application in these sectors, particularly for miniaturization. In addition,
rising demand for smart packaging among consumers, particularly in emerging
economies of Asia Pacific, is expected to fuel the demand for conductive inks.
However, high cost of conductive inks is expected to hamper the growth of the
market. Development of nanomaterials, which can be used as conductive inks, is
expected to open opportunities for the growth of the market in the near
future.
Photovoltaic
was the largest application segment of the market. However, automobiles,
batteries and sensors are expected to witness significant market growth for
conductive inks. Technological advancement across various industries such as
electronics, healthcare, automobile and energy production are expected to boost
the overall market. Although the market is mature in certain segments such as
PV, demand from other sectors is expected to boost the growth of the market.
Demand
for conductive inks was highest in Asia Pacific and the trend is expected to
continue into the forecast period on account of growing demand for
miniaturization for electronics and automobiles in this region. In addition,
the growing demand for PV is expected to contribute to the demand for
conductive inks in this region. North America and Europe are expected to
witness significant growth in market owing to the presence of regulations
promoting the PV market.
Some
of the key participants present in the market include Applied Nanotech Holdings
Inc., E.I. DU Pont DE Nemours and Company, Henkel Ag & Co. Kgaa, Heraeus
Holding Gmbh, PPG Industries Inc. and Sun Chemical Corporation among others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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