Conductive inks market
Conductive Inks Market, By Product Type (Silver Conductive Inks, Copper Conductive Inks, Conductive Polymers, Conductive Nanotube Inks, Graphene/ Carbon Inks, Others), By Application (Sensors, Displays, Batteries, RFID (Radio Frequency Identification), Lighting, Photovoltaic, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa)
- Feb 2023
- CMI319
- 165 Pages
- Excel & Pdf
- Advanced Materials
Global conductive inks market is estimated to be valued at US$ 3,253.3 Million in 2022 and is expected to exhibit a CAGR of 6.87% during the forecast period and expected to reach at US$ 5,536.1 Million (2023-2030).
Conductive ink produced by infusing graphite and other conductive materials into ink. Conductive inks comprise silver, graphite, carbon, or any other 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 usage of conductive inks in OLEDs(Organic Light Emitting Diode) 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 has enabled conductive inks application in electronic and medical devices, and this is projected to drive the market growth over the forecast period. Conductive inks are widely used in flexible displays, smart lighting, RFID (Radio Frequency Identification) tags, and others. Rising demand for miniaturized and efficient electronic devices is fueling the market growth. Smart devices, touch screens, printed batteries, and printed sensors are some of the major application areas of conductive inks, and is expected to boost the global market growth
Global Conductive Inks Market-Market Trends
Innovations in Conductive Polymer Inks
Demand for printed electronics increased and due to this it is expected to emphasize innovations in conductive polymer inks. This development paves the way for innovative conductive inks for printed electronics that are highly energy efficient. Newly developed conductive polymer would enable the development and increase in production of flexible electronic devices.
Figure 1. Global Conductive Inks Market Share, By Application, 2022 (%)
Photovoltaic segment based on application accounted for the highest demand in the conductive inks market and it has highest market share in conductive inks market. Displays and sensors has great demand in conductive Inks market due to its applications in various sectors.
Figure 2. Global Conductive Inks Market Share, By Region, 2022 (%)
The market in Asia Pacific is projected to gain traction over the forecast period due to increasing application of conductive inks in smart devices, touch screens, sensors, and others in China and Japan.
Europe has second largest market share in conductive inks market followed by North America, Latin America, Middle East and Africa.
Global Conductive Inks Market-Drivers
Growing demand for miniaturized and efficient electronic devices
Conductive inks are used in printed electronics for better electric conductivity. Silver conductive inks are applied to Photovoltaic cells and membrane switches, and this is the prime trend in the global conductive inks market. Consumer goods is a key application industry of conductive inks such as smart packaging and it contributes to the market growth. Moreover, conductive inks has application in printed circuit boards and biosensors. Increasing adoption of diverse conductive inks in cutting-edge medical devices along with sensors and industrial equipment is considered as a key driver for the market. For instance, medical device market is expected to at the rate of 20.4% during forecast period by coherent market insights.
Significant application of conductive inks in advanced medical sensors
Global market for conductive inks is gaining traction due to increasing rate of commercialization of printed electronics in emerging economies along with rising consumption of smart devices, miniaturized devices, and printed batteries. For instance, Printed electronics market is expected to reach at US$ 55, 566.5 million by 2030 by coherent market insights. Growing usage of conductive inks in medical sector such as in medical sensors and other devices is expected to surge the demand for conductive inks. Product innovation through research and development activities is one of the major approaches adopted by key market players to strengthen their market presence. Launches of novel products such as gold, aluminium, and nickel based conductive inks is expected to bolster the market growth.
Global Conductive Inks Market-Restraint
High Cost of Silver Conductive Inks
One of the most common metal used in electronic industry is silver due to its high conductivity. However, fluctuation of silver prices created shift toward low cost conductivity metal such as copper, carbon, and grapheme. However, high cost of silver conductive inks, and fluctuating prices of conductive inks is expected to hinder the market growth.
Conductive Inks Market Report Coverage
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2022: | US$ 3,253.3 Mn |
| Historical Data for: | 2017-2021 | Estimated Year: | 2023 |
| Forecast Period 2023 to 2030 CAGR: | 6.87% | Forecast Period: | 2023-2030 |
| Geographies covered: |
|
||
| Segments covered: |
|
||
| Companies covered: |
Henkel AG & Co. KGaA, E.l. du Pont de Nemours and Company, Vorbeck Materials Corporation Inc., Heraeus Holding GmbH, Intrinsiq Materials Inc., Johnson Matthey plc, Sun Chemical Corporation, Creative Materials Inc., Applied Ink Solutions, and NovaCentrix |
||
| Growth Drivers: |
|
||
| Restraints & Challenges: |
|
||
Global Conductive Inks Market- Covid-19 Analysis
Covid-19 has direct effect on supply chain in conductive inks market. Supply chain was in total crisis and manufacturer and producers were not able to get required material from supply chain and therefore, they were not able to continue with production process.
Lockdown was imposed all over the globe and due to this production process was at its low. During Covid-19, major players witnessed decreased production due to lowered demand of conductive inks. Due to lockdown, across the globe, the demand for conductive inks decreased in 2020.
Global Conductive Inks Market- Recent Development:
In February 2022, Henkel Adhesive Technologies India Private Limited, it is the leading solution provider for adhesive, sealants and functional coatings worldwide, collaborated with global mission Astronomy India and Lions Clubs International District to launched India’s biggest school level Astronomy Observatory and Laboratory for students at Maharshi Karve Stree-Shikshan Sanstha (MKSS), Pune and it helps to create the social impact.
In February 2022, DuPont, a chemical company from U.S. announced agreement with Celanse which is a global leader in chemistry, producing especially material solutions, to divest majority of mobility & materials segment.
In October 2022, Sun Chemical, a chemical company from U.S. increased prices and surcharges of inks, coatings, consumables, and adhesives in Middle East and Africa and helps to growth of the market.
In November 2021, NovaCentrix, design and develop world class conductive inks, received GLOBAL technology award in the category best product - North America for its Pulse Forge® Soldering In-Line. The award was announced during a ceremony during productronica in Munich, Germany and it helps to create product impact on market.
Key Competitors:
Major players in the global conductive inks market include Henkel AG & Co. KGaA, E.l. du Pont de Nemours and Company, Vorbeck Materials Corporation Inc., Heraeus Holding GmbH, Intrinsiq Materials Inc., Johnson Matthey PLC, Sun Chemical Corporation, Creative Materials Inc., Applied Ink Solutions, and NovaCentrix.
Table of Contents
- Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- Merger and Acquisitions
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
- Drivers
- Market Dynamics
- Global Conductive Inks Market, By Product Type, 2017-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030(%)
- Y-O-Y Growth Analysis, 2017-2030
- Segment Trends
- Silver Conductive Inks
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Copper Conductive Inks
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Conductive Polymers
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Conductive Nanotube Ink
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Graphene / Carbon Ink
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Introduction
- Global Conductive Inks Market, By Application, 2017-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2023 and 2030(%)
- Y-O-Y Growth Analysis, 2017-2030
- Sensors
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Displays
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Batteries
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- RFID(Radio Frequency Identification)
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Lighting
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Photovoltaic
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017-2030, (US$ Million)
- Introduction
- Global Conductive Inks Market, By Region, 2017-2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030(%)
- Y-O-Y Growth Analysis, For Region, 2017 -2030
- North America
- Introduction
- Market Size and Forecast, Y-O-Y Growth Analysis, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest Of Latin America
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2017 – 2030, (US$ Million)
- Market Size and Forecast, By Application, 2017 – 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Introduction
- Company Profiles
- Henkel AG & Co. KGaA
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- E.l. du Pont de Nemours and Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Vorbeck Materials Corporation Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Heraeus Holding GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Intrinsiq Materials Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Johnson Matthey PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Sun Chemical Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Creative Materials Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Applied Ink Solutions
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- NovaCentrix
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse all the market data tables and figures on "Global Conductive Inks Market”- Global forecast to 2030”.
Detailed Segmentation:
- Global Conductive Inks Market, By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/ Carbon Ink
- Others
- Global Conductive Inks Market, By Application:
- Sensors
- Displays
- Batteries
- RFID (Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- Global Conductive Inks Market, By Region:
- North America
- U.S.
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Canada
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- U.S.
- Europe
- U.K.
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID (Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Germany
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID (Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Italy
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID (Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- France
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID (Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Spain
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Russia
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Rest of Europe
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- U.K.
- Asia Pacific
- China
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- India
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Japan
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- ASEAN
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Australia
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- South Korea
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Rest of Asia Pacific
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- China
- Latin America
- Brazil
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Argentina
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Mexico
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Rest of Latin America
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Brazil
- Middle East
- GCC
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/ Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Israel
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Rest of Middle East
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- GCC
- Africa
- North Africa
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- Central Africa
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- South Africa
- By Product Type:
- Silver Conductive Inks
- Copper Conductive Inks
- Conductive Polymers
- Conductive Nanotube Ink
- Graphene/Carbon Ink
- Others
- By Application:
- Sensors
- Displays
- Batteries
- RFID(Radio Frequency Identification)
- Lighting
- Photovoltaic
- Others
- By Product Type:
- North Africa
- North America