New Report Studies Global Market for Conductive Ink
ALBANY, NY - Transparency Market Research has published a new report that studies the global market for conductive inks, Conductive Ink Market-Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019.
Conductive inks conduct electricity with materials such as silver, copper, polymers, nanotubes, carbon, gold and nickel. They are used in a wide range of applications including photovoltaic (PV), electronic displays, sensors, automotive, smart packaging and membrane switches.
The growing demand for electronics and automobiles is expected to be one of the primary drivers for market growth, owing to the increasing scope of application in these sectors, particularly for miniaturization. In addition, rising demand for smart packaging, particularly in the emerging economies in Asia-Pacific, is expected to fuel the demand for conductive inks. However, the high cost of conductive inks is expected to hamper market growth. Development of nanomaterials, which can be used as conductive inks, is expected to open opportunities for growth in the near future.
Photovoltaic was the largest application segment of the market. However, automobiles, batteries and sensors are expected to witness significant market growth for conductive inks. Technological advancement across various industries such as electronics, healthcare, automotive and energy production are expected to boost the overall market. Although the market is mature in certain segments such as PV, demand from other sectors is expected to boost market growth.
Demand for conductive inks was highest in Asia-Pacific. This trend is expected to continue into the forecast period due to growing demand for miniaturization in electronics and the demand for automobiles in the region. In addition, the growing demand for PV is expected to contribute to the conductive inks market in this region. North America and Europe are expected to witness significant growth in market owing to the presence of regulations promoting the PV market.
This report is a complete study of current trends in the market, and industry growth drivers and restraints. It provides market projections for the coming years and includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants, along with detailed value chain analysis.
For more information about the report, visit http://www.transparencymarketresearch.com/conductive-ink-market.html.