The competitive landscape of the conductive ink printing market is moderately consolidated with the dominance of key players. The competition in the market is expected to heat up with the entry of several new players says Transparency Market Research. Some of the prominent players operating in the global conductive ink printing are Henkel AG & Co. KGaA, Vorbeck Materials Corporation, Inc., NovaCentrix, Intrinsiq Materials, Inc., Johnson Matthey PLC, Heraeus Holding GmbH, Sun Chemical Corporation and Applied Ink Solutions.
Key players in the conductive inks market are ramping their investments in development of eco friendly products. This is because harmful chemical used in conductive ink printing market in a way restricting the growth in the conductive inks market. The new development is foreseen as a significant push to the tranquil growth in the global conductive ink printing market.
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According to TMR, the global conductive inks market was noted at a valuation of US$ 3,230.7 mn in 2017. The market is anticipated to expand at a steady CAGR of 3.4% during the forecast period that is from 2018 to 2026.
On the basis of application,, the biosensor segment is expected to dominate the global conductive inks market in the coming years. This is mainly because of the increasing demand of biosensors from end user industries such as semiconductors, packaging and retails. Based on region, the demand for conductive inks is expected to rise in Asia Pacific region. This can be attributed by the increasing adoption of conductive inks in the electronics & electrical sector. China is considered as a hub of semiconductor industry and conductive inks are increasingly used for making circuits on the silicon substrate.
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Nevertheless to overcome several giant players in the global conductive inks market is focusing on the development of organic and less harmful conductive inks. For instance, method, a key players in the market have launched an aqueous based conductive inks. These inks do not contain harmful chemicals and is made from aqua based material. This is expected to offer several new opportunities to the growth of the global conductive inks market.
Along with this, rising demand for packaging industry for electronic barcode printing is another factor expected to fuel the global conductive inks market in the coming few years.
The information is derived from report titled, “Electronic Adhesives Market (Product - Electrically Conductive, Thermally Conductive, UV Curing; Resin - Silicone, Polyurethane, Epoxy, Acrylic; Application - Conformal Coatings, Encapsulation, Surface Mounting, Wire Tacking) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”
The global conductive inks market has been segmented as follows:
Type
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Inks
- Graphene/Carbon Inks
- Others (Including Gold, Nickel, and Aluminum Conductive Inks)
Application
- Photovoltaic Cells
- Displays
- Radio Frequency Identification (RFID)
- Printed Circuit Boards (PCBs)
- Biosensors
- Others
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