Conductive Inks1

Conductive Inks Market Segmentation Application,
Market Analysis Report, 2018-2025
Conductive ink results in a printed object, which conducts electricity. It is produced
by infusing conductive substrates into ink. Conductive inks comprise silver, graphite,
carbon, or any other type of precious metal coated base material. Conductive inks
can be applied in different ways including, flexographic, screen print, spray, dip,
stencil print, and syringe dispense, among others. Growing use of conductive inks in
OLEDs, smart packaging, flexible displays, thin film transistors, and smart textiles is
projected to surge the demand for conductive inks over the forecast period. Recent
advancements in the printed electronics sector have enabled conductive inks find
application in electronic and medical devices, which is projected to drive the market
growth over the forecast period. Conductive inks are being widely used in flexible
displays, smart lighting, RFID tags, and so on. Rising demand for miniaturized and
efficient electronic devices is also fueling the market growth.
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Smart devices, touch screens, printed batteries, and printed sensors are some of the
major application areas of conductive inks, which is contributing to the positive
growth of the market globally.
The global conductive inks market is estimated to be valued at US$ 2,723.2 million in
2017 and is expected to witness a CAGR of 6.2% during the forecast period (2017 –
2025).
Growing demand for miniaturized and efficient electronic devices drives the
market
Conductive inks are used in printed electronics for better electric conductivity and
efficient operation. Silver conductive inks are primarily applied in PV cells and
membrane switches, which is identified to be the prime trend in the global conductive
inks market. Consumer goods is a key application industry of conductive inks, for
example, smart packaging, which contributes significantly to the market growth. In
addition, conductive inks find application in printed circuit boards and biosensors.
Need for printed materials for smart textiles as well as wearable electronics, for
example, health monitoring, smart and OLED displays, etc. is fueling the demand for
conductive inks globally. Increasing adoption of diverse conductive inks in
cutting-edge medical devices along with sensors and industrial equipment can be
considered as a key driver for the market. The market in Asia Pacific is projected to
gain traction over the forecast period, mainly due to the increasing application of
conductive inks in smart devices, touch screens, sensors, and so on, mainly in China
and Japan. However, the high cost of silver conductive inks along with fluctuating
prices of conductive inks hinders market growth.
Significant application of conductive inks in advanced medical sensors to
drive the market growth
Market for conductive inks is gaining traction globally as a result of high rate of
commercialization of printed electronics in emerging economies along with rising
consumption of smart devices, miniaturized devices, and printed batteries. In
addition, growing application of conductive inks in different components of vehicles is
another prominent driver for the market. Growing usage of conductive inks in
medical sector, for instance, in medical sensors and other devices, is anticipated to
surge the demand for conductive inks. Product innovation through research and
development is one of the major approaches adopted by key players operating in the
conductive inks market to strengthen their foothold globally. The launch of novel
products such as gold, aluminum, and nickel based conductive inks is expected to
bolster the market growth further.
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Conductive Inks Market report is segmented on the basis of Product Type (Silver Conductive Inks, Copper Conductive Inks, Conductive Polymers, Conductive Nanotube Ink, Graphene/ Carbon Ink), Application (Sensors, Displays, Batteries, RFID, Lighting, Photovoltaic), and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025