Conductive Inks Market Size to Register Substantial Growth by 2026
Monday, September 16, 2019
Press release from the issuing company
Global Conductive Inks Market Report offered by Market Study Report gives a market overview of the Conductive Inks industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2026.
Global Conductive inks market is anticipated to witness significant growth over the forecast period. Research initiatives to develop cost-effective raw materials, such as copper, nickel, and grapheme, which have properties similar to that of silver, are projected to further aid in the market growth in the near future. The research initiatives undertaken by both government and industry participants and are expected to increase multiple potential applications, which in turn are projected to complement the global conductive inks market growth.
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The electronics market is highly competitive in nature, and, therefore, key market players are constantly attempting to miniaturize their product offerings. Miniaturization involves the manufacturing of optical, mechanical, and electronics products to achieve product differentiation. Conductive inks are used to produce electrical contacts, short network connection, and improved layout design, which aids in miniaturization. These require single-sided assembly and resistance is created at the same time. The need for miniaturization is anticipated to grow over the forecast period due to the rising competition in regional markets such as in the Asia Pacific & Europe regions.
They are used for manufacturing printed circuit boards, which are widely employed in automotive components. They are used to coat assemblies and components to shield them from radio interference. Car seat heaters and window defoggers use them for circuit tracing. Various companies are trying to develop interactive displays for achieving product differentiation. For instance, Henkel is involved in the manufacturing of fully printed ink products such as silver inks, dielectric inks, transparent, and bendable resistive inks, which are primarily used for electronic assembly purposes.
Conductive inks have excellent electron mobility, high conductivity & low resistivity, as well as high thermal & chemical stability. These inherent properties contribute to increased efficiency of conductive ink applications such as PCB boards, RFID tags printing, and circuit repairing. Furthermore, the particle size of conductive inks can be adjusted to suit the requirements of the application. Increasing need for customization coupled with favorable properties of conductive inks suitable for electronic application needs is expected to aid in the overall market growth.
Silver inks are widely being used in electronic application owing to their excellent conductibility and printability. However, manufacturers have come up with alternative solutions that exhibit properties similar to that of silver due to the scarce availability of raw materials and high costs of silver inks. Copper has been identified as a good alternative for silver due to its low cost and high electrical conductivity. Therefore, due to these properties, manufacturers can reduce the production cost of conductive inks.
Companies such as Henkel have introduced conductive inks containing minimal silver formulations. The conductive ink produced by Henkel LOCTITE ECI 1001 E&C, finds use in the automotive sensor application, as customers demand a low-cost alternative of conductive silver inks. The product, which delivers the same performance as traditional conductive silver inks, is inexpensive and contains lesser silver content.
This Report has segmented the global Conductive Inks market based on Product, Application and region:
Conductive Inks Market Share and Forecast, By Product
· Conductive Copper Ink
· Conductive Polymer
· Carbon Nanotube Ink
· Dielectric Ink
· Carbon/Graphene Ink
Conductive Inks Market Growth and Forecast, By Application
· Membrane Switches
· Smart Packaging/RFID
· Printed Circuit Boards
More Details on this Report At: https://www.marketstudyreport.com/reports/conductive-inks-market-share-size-trends-industry-analysis-report-by-product-conductive-silver-copper-ink-conductive-polymer-carbon-nanotube-ink-dielectric-ink-carbon-graphene-ink-by-application-photovoltaic-automotive-smart-packaging-rfid-printed-circuit-boards-by-regions-segment-forecast-2017-2026/?utm_source=RR-AN
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