Key Players: Heraeus (Germany), Fujikura (Japan), Sun Chemicals (U.S.), DuPont (U.S.), Henkel (Germany) and others.
(PRWEB) August 14, 2014
The report "Conductive Ink Market by Application, Type - Global Trend & Forecast to 2018" defines and segments the conductive ink market with a thorough analysis and forecasting of the conductive ink market revenue till 2018. The value of the conductive ink market will grow to $3,660 million by 2018, at a CAGR of 3.5% to 2018.
Browse more than 85 market data tables with 44 figures spread through 226 pages and in-depth TOC on "Conductive Ink Market - Global Trend & Forecast to 2018" - http://www.marketsandmarkets.com/Market-Reports/conductive-ink-market-154484169.html.
The conductive ink market is undergoing significant changes with the growing demand from various sectors like printed electronics, solar cells, consumer electronic components, and automotive, among several others. The Asia-Pacific has the highest demand for conductive ink which will continue to grow in the future.
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Asia-Pacific consumes over 70% of the conductive ink to cater to its large photovoltaic (PV), consumer electronic and printed circuit board (PCB) manufacturing industry. Photovoltaic industry stands as the biggest consumer of conductive inks, but the recent over capacity, changes in governmental policies and fall in PV cell prices have slowed the growth of this segment, affecting the conductive market.
Growth for Alternative Conductive Inks, Silver Based Inks Still Dominating
Conductive ink industry is shifting from silver to other materials due to the rising and fluctuating prices of silver in the recent times. This has encouraged the conductive ink industry to explore and develop alternatives for silver such as copper, carbon/graphene, dielectric and conductive polymers-based conductive inks. Until the complete development of the other inks, silver flake-based conductive ink will remain as the largest segment with a market share of 73% in 2013.
Major conductive ink companies like DuPont (U.S.), Henkel (Germany), Heraeus (Germany), Fujikura (Japan), Sun Chemicals (U.S.) have come out with customized conductive inks offering better performance at lower costs. The mentioned companies have dominated the conductive ink industry with a total silver flake market share of about 80%. Their well-defined supply chains and investments in R&D have consolidated their position as market leaders.
innovations in Conductive Inks Opening New Applications in Other Industries
The innovations and developments in conductive inks have created new applications for conductive inks. Development of carbon nanotube and silver nanowire based conductive inks has increased the use of conductive inks in display inducing greater demand from the display industry. These inks have a CAGR of 24.1% and 14.1% to 2018.
Development of such conductive inks is also aiding new technologies like LED, OLED, flexible screens, and new age, high-frequency RFID tags. Other improvements in existing inks have opened up the market for applications of conductive inks in sectors like batteries, memory and logic, smart packaging, EMI shielding, among many others.
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The report covers the conductive ink market and its trends concerning five regions, namely, the Asia-Pacific, Europe, the Americas, and Others. The Asia-Pacific, being the market leader, has been further segmented to cover the major countries, which are , China, Japan, India, and others.
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