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Report Overview
The global conductive inks market reached a value of nearly USD 4.14 Billion in 2024. The market is assessed to grow at a CAGR of 5.00% during the forecast period of 2025-2034 to attain a value of around USD 6.74 Billion by 2034. The market is being driven by the growing demand for solar energy, the rising adoption of RFID tags, technological advancements and innovations, advancements in 3D printing, and the surging demand for flexible and printed electronics.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- There is a rising demand for flexible and printed electronics for use in RFID tags, wearables, and smart packaging due to their low cost, efficient production, and scalability. As various sectors and consumers seek more cost-effective, efficient, and scalable production methods for electronics, the requirement for conductive inks for creating flexible electronic components is surging.
- Conductive inks play an essential role in printing flexible and lightweight electronic components, such as sensors and antennas, which are crucial in the automotive sector. Automotive production globally is significantly increasing, due to factors such as the growing middle-class population, rapid urbanisation, surging demand for electric and autonomous vehicles, and the rise of connected vehicles. In 2022, nearly 85.4 million motor vehicles were produced around the world, a y-o-y surge of 5.7%. As vehicle production surges in the forecast period, manufacturers are turning to printed electronics as a more cost-effective alternative to traditional wiring and circuit board methods, aiding the market.
- Key players are attempting to develop self-healing conductive inks that automatically preserve the integrity and conductivity of the printed circuits, self-repair damages, and withstand extreme environmental conditions. Such developments are expected to bolster the utilisation of conductive inks in sectors such as bioelectronics, wearables, smartphones, and sensors, among others, which is likely to surge the conductive inks market value in the forecast period.
Competitive Landscape
Key conductive inks market players are focusing on developing high-performance inks that can meet the evolving demands of sectors such as consumer electronics and renewable energy. With the growing trend of sustainability, they are also attempting to develop water-based conductive inks which can easily break down without harming the environment.
Key Industry Players
Sun Chemical Group
Sun Chemical Group, headquartered in New Jersey, United States, is a leading producer of packaging and graphic solutions, display and colour technologies, functional products, electronic materials, and products for the automotive and healthcare industries. With over 22,000 employees and spread around 17 research and development centres worldwide, the company owns more than 3,000 patents.
Vorbeck Materials Corp.
Vorbeck Materials Corp., headquartered in Maryland, United States, is a technology and manufacturing company that utilises graphene for engineering innovative products. Established in 2006, the company supports the public safety sector across municipalities and states with advanced technologies.
Applied Nanotech Holdings Inc.
Applied Nanotech Holdings Inc., headquartered in Texas, United States, is a company that develops novel nanomaterials and processes for OEM and government agency customers, from manufacturing to microelectronics and defence, among others. Some of its products and processes include unique printable conductive metallic inks and paste materials and carbon foils.
Kayaku Advanced Materials, Inc.
Kayaku Advanced Materials, Inc., headquartered in Massachusetts, United States, and founded in 1992, is composed of three distinct product lines, Specialty Chemicals, PriElex® Functional Inks & Coatings for Printed Electronics, and Paratronix® brand of Conformal Coating Services & Equipment. It is backed by Nippon Kayaku Co., LTD, its parent company, and actively partners with technology startups and Fortune 500 companies.
Other key players in the conductive inks market include Conductive Compounds Inc., Dycotec Materials Ltd, Henkel Ag & Co. Kgaa, PPG Industries Inc., Creative Materials Inc., Pchem Associates Inc., and Poly-Ink, among others.
Conductive Inks Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 4.14 Billion.
The market is assessed to grow at a CAGR of 5.00% between 2025 and 2034.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The major drivers of the market include the investment possibilities for solar photovoltaic devices, extensive use of printed circuit board technology, escalating automotive production and sales, and rapid industrialisation.
The increasing demand for electronics applications and the need for cleaner energy are the key trends guiding the growth of the industry.
Conductive silver ink, conductive copper ink, conductive polymers, conductive nanotube ink, dielectric ink, and carbon/graphene ink, among others, are the major products included in the market.
Photovoltaic, membrane switches, displays, automotive, smart packaging, biosensors, and printed circuit boards are the different applications of conductive inks.
The competitive landscape consists of Sun Chemical Group, Conductive Compounds Inc., Vorbeck Materials Corp., Applied Nanotech Holdings Inc., Kayaku Advanced Materials, Inc., Dycotec Materials Ltd, Henkel Ag & Co. Kgaa, PPG Industries Inc., Creative Materials Inc., Pchem Associates Inc., and Poly-Ink, among others.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 6.74 Billion by 2034.
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