The global conductive inks market is likely to be valued at USD 4,080 million by 2027, growing at a CAGR of 4.3% during 2021-2027. The growth can be primarily attributed to the rising demand across applications such as thermal heating, automotive, printed circuit boards, among others along with several other emerging uses of conductive inks. Moreover, increasing consumption of solar panels across the globe is set to accelerate the market growth. However, volatility in the prices of silver may deter the market growth.
Conductive inks are electrically conductive, printable inks that are mostly used across the printed electronic industry in the production of printed circuits, organic light emitting diodes (OLED), RFID tags and battery test stripes, among others. Conductive inks may be created by infusing graphite or other conductive materials into ink. These inks primarily comprise of metallic particles such as silver and copper. However, other conductive components such as carbon and graphite may also be used.
Moreover, as conductive inks are lightweight, flexible and have lower costs, they are extremely suitable for diverse applications. These inks are increasingly being used as an alternative for traditional wire circuits due to better durability and energy efficiency. The windshield defrosters containing resistive traces that are applied to the glass may also include conductive inks. Also, the photovoltaic industry has witnessed a considerable growth over the past few years, which has further fueled the demand for conductive inks. As a result, these inks are highly used for the metallization of solar photovoltaics.
The researchers at University of Newcastle, Australia have pioneered in the development of paper-thin solar panels by using conductive inks. The technology relies on specific solar ink that helps in conducting electricity, which may be directly printed onto plastic. These solar panels could be the future of electricity as they are affordable. However, volatility in the prices of silver is likely to deter the market growth over the forecast period. Therefore, various research and development activities are underway so as to develop low cost alternatives with similar properties.
Segment overview
On the basis of type, the silver based conductive segment held a significant share of the global market in 2020, and the trend is projected to continue over the forecast period. They are widely used as they are flexible, offer excellent conductivity and thermal stability. However, high cost of silver has induced the manufacturers to find alternatives that are inexpensive. Further, nanoparticles based conductive inks are increasingly being used due to their high conductive properties, and as these can also be customized according to the printing substrate & technology used.
On the basis of application, the automotive segment is expected to account for a considerable share of the global market over the next eight years. While conductive inks find their use across a wide range of applications, the growing use of these inks in seat belt buttons, airbag deployers, window demisters and other automotive applications has promoted the segment growth. Moreover, their application has been extended to touch screens, heaters as well as seat occupancy sensors of automobiles.
On the basis of region, Asia-Pacific dominated the global market for conductive inks in 2020 due to rapid industrialization along with the presence of key market players in the region, and is likely to emerge as the fastest growing market from 2021 to 2027. The increasing investment in photovoltaics in the key markets of China and India is also expected to augment the market growth over the forecast period. However, due to the COVID-19 pandemic various market players in North America and Europe have declared a deferment in production owing to lesser demand and supply chain challenges.
The report provides detailed market outlook, and forecast the “Global Conductive Inks” market based on type, application and region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2017 |
| Units Considered | USD Million & Tons |
| Segmentation By Type |
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| Segmentation by Application |
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| Regions Covered |
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| Key Company Profiles | Merck KGaA, Sun Chemical, DowDuPont, Poly-Ink, Johnson Matthey, Heraeus Holding, Henkel Corporation, Vorbeck Materials., & TEKRA, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Conductive inks market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.4. Technological overview
3.5. Conductive inks market : developed v/s developing countries
3.6. Market opportunities & trends
3.6.1. Advancements in conductive ink technologies
3.6.2. Growing consumption of solar panels across the globe
3.6.3. High-end research in nanomaterials
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Rising use across the automotive industry
3.7.1.2. Growing demand for efficiency & miniaturization of devices
3.7.1.3. Emerging novel applications for conductive inks
3.7.1.4. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Fluctuations in the prices of silver
3.7.2.2. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis by application
5.1.2. Analyst recommendations
CHAPTER 6. Global Conductive Inks Market Size and Forecast (2017 - 2027)
6.1. Global Conductive Inks Market, By Type (USD Million) (Tons)
6.1.1. Carbon/Graphene Inks
6.1.2. Copper-Based Conductive Inks
6.1.2.1. Copper Flakes
6.1.2.2. Copper Nanoparticles
6.1.2.3. Others
6.1.3. Silver-Based Conductive Inks
6.1.3.1. Silver Flakes
6.1.3.2. Silver Nanoparticles
6.1.3.3. Silver Nanowire
6.1.4. Carbon Nanotube (CNT) Inks
6.1.5. Conductive Polymers
6.1.6. Dielectric Ink
6.1.7. Others
6.2. Global Conductive Inks Market, By Application (USD Million) (Tons)
6.2.1. Membrane Switches
6.2.2. Printed Circuit Board (PCB)
6.2.3. Photovoltaics (PV)
6.2.4. Automotive
6.2.5. Radio-Frequency Indentification (RFID)
6.2.6. Thermal Heating
6.2.7. Bio-Sensors
6.2.8. Displays
6.2.9. Others
6.3. Global Conductive Inks Market, By Region (USD Million) (Tons)
6.3.1. North America
6.3.2. Europe
6.3.3. Asia-Pacific
6.3.4. Central & South America (CSA)
6.3.5. Middle East & Africa (MEA)
CHAPTER 7. Global Conductive Inks Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Conductive Inks Market (USD Million) (Tons)
7.1.1. North America Conductive Inks Market, By Country (USD Million) (Tons)
7.1.2. North America Conductive Inks Market, By Type (USD Million) (Tons)
7.1.3. North America Conductive Inks Market, By Application (USD Million) (Tons)
7.1.4. The U.S. Conductive Inks Market (USD Million) (Tons)
7.1.4.1. The U.S. Conductive Inks Market, By Type (USD Million) (Tons)
7.1.4.2. The U.S. Conductive Inks Market, By Application (USD Million) (Tons)
7.1.5. Canada Conductive Inks Market (USD Million) (Tons)
7.1.5.1. Canada Conductive Inks Market, By Type (USD Million) (Tons)
7.1.5.2. Canada Conductive Inks Market, By Application (USD Million) (Tons)
7.1.6. Mexico Conductive Inks Market (USD Million) (Tons)
7.1.6.1. Mexico Conductive Inks Market, By Type (USD Million) (Tons)
7.1.6.2. Mexico Conductive Inks Market, By Application (USD Million) (Tons)
7.2. Europe Conductive Inks Market (USD Million) (Tons)
7.2.1. Europe Conductive Inks Market, By Country (USD Million) (Tons)
7.2.2. Europe Conductive Inks Market, By Type (USD Million) (Tons)
7.2.3. Europe Conductive Inks Market, By Application (USD Million) (Tons)
7.2.4. Germany Conductive Inks Market (USD Million) (Tons)
7.2.4.1. Germany Conductive Inks Market, By Type (USD Million) (Tons)
7.2.4.2. Germany Conductive Inks Market, By Application (USD Million) (Tons)
7.2.5. The U.K Conductive Inks Market (USD Million) (Tons)
7.2.5.1. The U.K Conductive Inks Market, By Type (USD Million) (Tons)
7.2.5.2. The U.K Conductive Inks Market, By Application (USD Million) (Tons)
7.2.6. France Conductive Inks Market (USD Million) (Tons)
7.2.6.1. France Conductive Inks Market, By Type (USD Million) (Tons)
7.2.6.2. France Conductive Inks Market, By Application (USD Million) (Tons)
7.2.7. Italy Conductive Inks Market (USD Million) (Tons)
7.2.7.1. Italy Conductive Inks Market, By Type (USD Million) (Tons)
7.2.7.2. Italy Conductive Inks Market, By Application (USD Million) (Tons)
7.2.8. Spain Conductive Inks Market (USD Million) (Tons)
7.2.8.1. Spain Conductive Inks Market, By Type (USD Million) (Tons)
7.2.8.2. Spain Conductive Inks Market, By Application (USD Million) (Tons)
7.3. Asia-Pacific Conductive Inks Market (USD Million) (Tons)
7.3.1. Asia-Pacific Conductive Inks Market, By Country (USD Million) (Tons)
7.3.2. Asia-Pacific Conductive Inks Market, By Type (USD Million) (Tons)
7.3.3. Asia-Pacific Conductive Inks Market, By Application (USD Million) (Tons)
7.3.4. China Conductive Inks Market (USD Million) (Tons)
7.3.4.1. China Conductive Inks Market, By Type (USD Million) (Tons)
7.3.4.2. China Conductive Inks Market, By Application (USD Million) (Tons)
7.3.5. Japan Conductive Inks Market (USD Million) (Tons)
7.3.5.1. Japan Conductive Inks Market, By Type (USD Million) (Tons)
7.3.5.2. Japan Conductive Inks Market, By Application (USD Million) (Tons)
7.3.6. India Conductive Inks Market (USD Million) (Tons)
7.3.6.1. India Conductive Inks Market, By Type (USD Million) (Tons)
7.3.6.2. India Conductive Inks Market, By Application (USD Million) (Tons)
7.3.7. South Korea Conductive Inks Market (USD Million) (Tons)
7.3.7.1. South Korea Conductive Inks Market, By Type (USD Million) (Tons)
7.3.7.2. South Korea Conductive Inks Market, By Application (USD Million) (Tons)
7.4. Central & South America (CSA) Conductive Inks Market (USD Million) (Tons)
7.4.1. Central & South America (CSA) Conductive Inks Market, By Country (USD Million) (Tons)
7.4.2. Central & South America (CSA) Conductive Inks Market, By Type (USD Million) (Tons)
7.4.3. Central & South America (CSA) Conductive Inks Market, By Application (USD Million) (Tons)
7.4.4. Brazil Conductive Inks Market (USD Million) (Tons)
7.4.4.1. Brazil Conductive Inks Market, By Type (USD Million) (Tons)
7.4.4.2. Brazil Conductive Inks Market, By Application (USD Million) (Tons)
7.4.5. Chile Conductive Inks Market (USD Million) (Tons)
7.4.5.1. Chile Conductive Inks Market, By Type (USD Million) (Tons)
7.4.5.2. Chile Conductive Inks Market, By Application (USD Million) (Tons)
7.5. Middle East & Africa (MEA) Conductive Inks Market (USD Million) (Tons)
7.5.1. Middle East & Africa (MEA) Conductive Inks Market, By Country (USD Million) (Tons)
7.5.2. Middle East & Africa (MEA) Conductive Inks Market, By Type (USD Million) (Tons)
7.5.3. Middle East & Africa (MEA) Conductive Inks Market, By Application (USD Million) (Tons)
7.5.4. Saudi Arabia Conductive Inks Market (USD Million) (Tons)
7.5.4.1. Saudi Arabia Conductive Inks Market, By Type (USD Million) (Tons)
7.5.4.2. Saudi Arabia Conductive Inks Market, By Application (USD Million) (Tons)
7.5.5. UAE Conductive Inks Market (USD Million) (Tons)
7.5.5.1. UAE Conductive Inks Market, By Type (USD Million) (Tons)
7.5.5.2. UAE Conductive Inks Market, By Application (USD Million) (Tons)
7.5.6. South Africa Conductive Inks Market (USD Million) (Tons)
7.5.6.1. South Africa Conductive Inks Market, By Type (USD Million) (Tons)
7.5.6.2. South Africa Conductive Inks Market, By Application (USD Million) (Tons)
CHAPTER 8. Key Players and Strategic Developments
8.1. Merck KGaA
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Sun Chemical
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. DowDuPont
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Poly-Ink
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Johnson Matthey
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Heraeus Holding
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Henkel Corporation
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Vorbeck Materials.
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. TEKRA
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Novacentrix
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Creative Materials Inc.
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Applied Ink Solutions
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
