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Report Overview
The global conductive inks market attained a value of nearly USD 3.94 billion in 2023. The market is further expected to grow at a CAGR of 5.0% during the forecast period of 2024-2032 to reach a value of USD 6.1 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Conductive Inks Market Growth
The main driving factor for the growth of the conductive inks industry is the increasing demand for effective and compact consumer electronics. Due to the elevated thermal conductivity and printability, the conductive silver ink, among other types, is widely used in different applications. However, because of the high cost and scarcity, manufacturers are finding alternatives for silver. Therefore, copper has been recognised as the alternative to silver inks due to its cheap price and high electrical conductivity.
The conductive ink market dynamics and trends are being driven by the fact that conductive inks with polymeric compounds offer a cost-effective alternative for creating modern conductive traces, compared to traditional methods such as copper etching and copper plate substrates.
Conductive Inks Market Report Snapshots
Conductive Inks Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global conductive inks market attained a value of nearly USD 3.94 billion.
The market is projected to grow at a CAGR of 5.0% between 2024 and 2032.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The major drivers of the market include the investment possibilities for solar photovoltaic devices, extensive use of printed circuit board technology, escalating automotive production and sales, and rapid industrialisation.
The increasing demand for electronics applications and the need for cleaner energy are the key trends guiding the growth of the industry.
Conductive silver ink, conductive copper ink, conductive polymers, conductive nanotube ink, dielectric ink, and carbon/graphene ink, among others, are the major products included in the market.
Photovoltaic, membrane switches, displays, automotive, smart packaging, biosensors, and printed circuit boards are the different applications of conductive inks.
The competitive landscape consists of Sun Chemical Group, Conductive Compounds Inc., Vorbeck Materials Corp., Applied Nanotech Holdings Inc., Kayaku Advanced Materials, Inc., Dycotec Materials Ltd, Henkel Ag & Co. Kgaa, PPG Industries Inc., Creative Materials Inc., Pchem Associates Inc., and Poly-Ink, among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.1 billion by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124