Conductive inks conduct electricity due to the presence of certain
materials such as silver, copper, polymers, nanotubes, carbon, gold and nickel
among others. Conductive inks are used in a wide range of applications such as
photovoltaic (PV), electronic displays, sensors, automotives, smart packaging
and membrane switches among others.
Growing demand for electronics and automobiles is expected to be one
of the primary drivers for the growth of the market, owing to the increasing
scope of application in these sectors, particularly for miniaturization. In
addition, rising demand for smart packaging among consumers, particularly in
emerging economies of Asia Pacific, is expected to fuel the demand for
conductive inks. However, high cost of conductive inks is expected to hamper
the growth of the market. Development of nanomaterials, which can be used as
conductive inks, is expected to open opportunities for the growth of the market
in the near future.
Photovoltaic was the largest application segment of the market. However,
automobiles, batteries and sensors are expected to witness significant market
growth for conductive inks. Technological advancement across various industries
such as electronics, healthcare, automobile and energy production are expected
to boost the overall market. Although the market is mature in certain segments
such as PV, demand from other sectors is expected to boost the growth of the
market.
Demand for conductive inks was highest in Asia Pacific and the trend is
expected to continue into the forecast period on account of growing demand for
miniaturization for electronics and automobiles in this region. In addition,
the growing demand for PV is expected to contribute to the demand for
conductive inks in this region. North America and Europe are expected to
witness significant growth in market owing to the presence of regulations
promoting the PV market.
Some of the key participants present in the market include Applied
Nanotech Holdings Inc., E.I. DU Pont DE Nemours and Company, Henkel Ag &
Co. Kgaa, Heraeus Holding Gmbh, PPG Industries Inc. and Sun Chemical
Corporation among others.
Download PDF: Conductive Ink Market
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