New York
City, 18 January 2019: The global Conductive Inks Market is anticipated to witness significant growth over the forecast
period. Research initiatives to develop cost-effective raw materials, such as
copper, nickel, and grapheme, which have properties similar to that of silver,
are projected to further aid in the market growth in the near future. The
research initiatives undertaken by both government and industry participants
and are expected to increase multiple potential applications, which in turn are
projected to complement the global conductive inks market growth.
Conductive inks have excellent electron
mobility, high conductivity & low resistivity, as well as high thermal
& chemical stability. These inherent properties contribute to increased
efficiency of conductive ink applications such as PCB boards, RFID tags printing,
and circuit repairing. Furthermore, the particle size of conductive inks can be
adjusted to suit the requirements of the application. Increasing need for
customization coupled with favorable properties of conductive inks suitable for
electronic application needs is expected to aid in the overall market growth.
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The electronics market is highly
competitive in nature, and, therefore, key market players are constantly
attempting to miniaturize their product offerings. Miniaturization involves the
manufacturing of optical, mechanical, and electronics products to achieve
product differentiation. Conductive inks are used to produce electrical
contacts, short network connection, and improved layout design, which aids in
miniaturization. These require single-sided assembly and resistance is created
at the same time. The need for miniaturization is anticipated to grow over the
forecast period due to the rising competition in regional markets such as in
the Asia Pacific & Europe regions.
Silver inks are widely
being used in electronic application owing to their excellent conductibility
and printability. However, manufacturers have come up with alternative
solutions that exhibit properties similar to that of silver due to the scarce
availability of raw materials and high costs of silver inks. Copper has been
identified as a good alternative for silver due to its low cost and high
electrical conductivity. Therefore, due to these properties, manufacturers can
reduce the production cost of conductive inks.
Competitive Landscape:
Manufacturers have developed products having
exceptional printing properties, silver-type conductivity, along with strong
adhesion to a wide array of substrates. Leading companies in the global
conductive inks market include DuPont., Sun Chemical Corp, PPG Industries,
Henkel AG, and Applied Nanotech Holdings, Inc.
Companies such as
Henkel have introduced conductive inks containing minimal silver formulations.
The conductive ink produced by Henkel LOCTITE ECI 1001 E&C, finds use in
the automotive sensor application, as customers demand a low-cost alternative
of conductive silver inks. The product, which delivers the same performance as
traditional conductive silver inks, is inexpensive and contains lesser silver
content.
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