New York
City, 29 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.
They are used for manufacturing printed
circuit boards, which are widely employed in automotive components. They are
used to coat assemblies and components to shield them from radio interference.
Car seat heaters and window defoggers use them for circuit tracing. Various
companies are trying to develop interactive displays for achieving product
differentiation. For instance, Henkel is involved in the manufacturing of fully
printed ink products such as silver inks, dielectric inks, transparent, and
bendable resistive inks, which are primarily used for electronic assembly
purposes.
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.
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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