Market Research Future Published a Half Cooked Research “Global Conductive Inks Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.
Henkel AG & Co, Dupont, Johnson Matthey, Sun Chemical Corporation, Parker Chromerics, Poly-ink, Creative Material Inc, Pchem Associates, Vorbeck Materials Corporation, and Novacentrix among others are some of the prominent players at the forefront of competition in the Global Conductive Inks Market and are profiled in MRFR Analysis.
Conductive Inks Market – Market Overview
Conductive inks are inks used for printed electronics with good electric conductivity. it is widely used in electronic components. With the increasing reliance of countless devices on printed electronic technologies for better performance and flexibility and cost effective manufacturing, the conductive inks are gaining traction in the market.
Consumer electronics market growth can be attributed as one of the protuberant factor driving the market. For instance, the telecom industry has evolved tremendously over the decades, from landlines to smartphones. The transition witnessed various technological advances and changes in the wireless communication sector, owing to the ever growing demand for smartphones with enhanced features; increased storage space, for instance. Miniaturization is a prominent trend noted in the global smartphone and tablet market, where the size of the electronic components used in the manufacturing of smartphones and tablets are reduced without jeopardizing its performance and quality. In order to achieve fine line printing in the miniaturized components the manufacturers need inks with advance formulations, which in turn is driving the market for conductive inks.
Regionally, Southeast Asian nations has emerged as a sweet spot for foreign direct investments, especially in the computers and electronic products. In 2016, FDI from United States accounted for USD 225.7 billion, of which the investments in manufacturing sector was 20% with a valuation of USD 45.8 billion. Nearly 50% of the FDI in manufacturing sector was in line with the computer and electronic devices manufacturing. Furthermore, one of the prominent name in the storage device manufacturing; Seagate, invested USD 100 million for establishing its R&D facility in Singapore in the year 2015, primarily focused on the development of 2.5” small form factor HDD, hybrid drives and other technologies. Collectively, the above mentioned factors will be a plus point for the conductive ink producers for consumer electronics sector in the region. However, the high cost of silver inks; a type of conductive ink used widely in the electronics industry might hamper the market growth.
The developing economies has witnessed substantial GDP growth in the recent past, which in turn has resulted in rise in disposable income and increased consumer spending on leisure products and white goods. For instance, the demand for consumer electronics have witnessed significant growth in the developing markets and consumers tend to spend significant amount on different types of electronic devices such as, smartphones, computers, and other consumer electronics. According to the World Bank statistics, the global mobile cellular subscription in 2016 was 98 per 100 people. Thus, the electronics industry being one of the significant end-user of conductive inks, increased spending on consumer electronics will have positive growth prospects for conductive inks market.
Conductive Inks Market – Competitive Analysis
The conductive inks is a fragmented market with Tier 1 manufacturers and regional players. With emerging application of conductive inks in the electronics sector, the key players in flexible conductive inks space are strengthening their game in the market with various strategies in the increasingly competitive market space. The various strategies adopted by the manufactures include capacity expansions, product launches and product innovations. For instance, Nano Dimesion, a renowned player in the market conductive inks market space recently opened Nano particle ink production facility for 3D printed electronics.
Industry/ Innovation/ Related News:
October, 2017 – Nano Dimension, a leading name in the conductive ink market space has opened its new production plant for Nano particle ink production. The facility is dedicated towards production of advanced nanoparticle conductive and dielectric inks.
May, 2016 – DuPont (Now DowDupont) launched new conductive ink for digital printing applications. The new product from the company will enable digital printing of various electronic components and circuits such as OLED panels, solar cells, printed antennae and touch panels where fine line of printing is required
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