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Global Conductive Inks Market to Reach USD 4,275.4 Mn by 2025: TMR

Published on 2017-07-21. Author : SpecialChem

A report by TMR forecasts the global conductive inks market to rise at a CAGR of 6.9% between 2017 and 2025 for the market to reach a valuation of US$4,275.4 mn by 2025 increasing from US$2,340.0 mn in 2016.

Silver Conductive Inks Dominant The Market

Conductive Inks
Global Conductive Inks Market to Reach USD 4,275.4 Mn by 2025: TMR

The global conductive inks market is segregated into silver conductive inks, copper conductive inks, conductive polymers, conductive nanotube ink, and graphene/carbon ink among others. Among these, the segment of silver conductive ink led the market in 2016 in terms of value.

The growth of the segment is primarily attributed to the standard formulations of silver conductive inks and their large-scale applications in energy, medical, and consumer electronics industries.

The displays and photovoltaic cells application segments held the leading share in 2016 vis-à-vis value, and going forward too these segments are predicted to hold on their dominant share.

In 2016, Asia Pacific registered the leading share in the market. The enormous growth of the conductive inks market in Asia Pacific is mainly because of ceaseless demand for consumer electronics.

Miniature Electronic Devices Catalyzes Growth

Increasing application of conductive inks in advanced medical devices is the key growth driver of the global conductive inks market. Application of new advanced 3D printed electronic equipment in the medical field is opening up vast opportunities for the conductive inks market.

Besides this, flexible displays, thin film transistors, OLEDs, OPV and smart textiles, and radio frequency identification are some other key application areas acting as a driver for the market.

Additionally, silver conductive inks are widely used in displays, which includes television sets, smartphones, smart wearable devices, smart gadgets, medical monitors, LEDs, and laptops and computers. This is also having a positive bearing on the market’s growth.

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Source: TMR
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