Global Conductive Ink Market (2021 to 2026) – Growth, Trends, COVID-19 Impact and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Conductive Ink Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The market for conductive ink is expected to register a CAGR of more than 4% globally during the forecast period.
Companies Mentioned
- Ad-Nano Technologies Private Limited
- Applied Ink Solutions c/o Kayaku Advanced Materials Inc.
- Bare Conductive
- Creative Materials Inc.
- Daicel Corporation
- DuPont
- Henkel AG & Co. KGaA
- Heraeus Holding
- InkTec Co. Ltd
- Johnson Matthey
- Poly-ink
- Sun Chemical
- Vorbeck Materials
Key Market Trends
Growing Demand from Photovoltaic Segment
- Conductive ink, owing to its high conductivity, low sheet resistivity, excellent adhesion to indium tin oxide and cadmium tin oxide, superior printing resolution, and its low curing temperature, has been widely used in solar cell panels.
- Moreover, the solar (photovoltaic) industry has been facing significant pressures to both reduce raw materials costs and increase production efficiency, in order to compete with traditional grid power systems. In such a scenario, the usage of conductive inks acts as a viable solution to the industry.
- Globally, the photovoltaic (PV) industry has been increasing at a steady pace, with China leading the global PV market, in terms of capacity additions through the current and future years.
- According to the International Energy Agency, total global solar PV capacity additions were 97 gigawatts (GW) in 2018, accounting for around half of total net renewable capacity growth. Capacity additions further grew through 2019 in the global market.
- Moreover, over 14O GW of global solar capacity is expected to be added in 2020 globally.
- Overall, all such factors are expected to drive the market for conductive ink in photovoltaic application through the years to come.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region, owing to countries, such as China, India, and Japan, has emerged as the leading consumer of conductive inks in the global market.
- China leads the photovoltaic capacity additions in both the Asia-Pacific and the global market. It is expected that most of the capacity addition through the coming years is to come from China, India, and other Asia-Pacific countries. Additionally, China leads almost the entire value chain of the electronics production market globally and is also significantly investing in finding new ways to rapidly develop miniaturization of electronics products.
- In 2019, the total installed solar PV capacity was 30.1 GW which was significantly lower than the total installation in 2018. In 2020, the estimated solar PV additions are forecast to be about 40 GW.
- India is all set to cross the 100 GW renewable energy capacity mark (of which a significant portion accounts to solar energy) by 2020 and has been trying to make rapid strides towards the ambitious 175 GW clean energy target by 2022. In India, the production of electronics is limited when compared to the global market; however, the country is among the fastest growing market for electronics parts globally.
- Overall, such factors are expected to drive the market for conductive ink in Asia-Pacific region through the years to come.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Installation of Solar Panels
4.1.2 Increasing Production of Smart and Miniaturized Electronics
4.2 Restraints
4.2.1 Requirement of High-end Technologies
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter’s Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Type
5.2 Application
5.3 Geography
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Ad-Nano Technologies Private Limited
6.4.2 Applied Ink Solutions c/o Kayaku Advanced Materials Inc.
6.4.3 Bare Conductive
6.4.4 Creative Materials Inc.
6.4.5 Daicel Corporation
6.4.6 DuPont
6.4.7 Henkel AG & Co. KGaA
6.4.8 Heraeus Holding
6.4.9 InkTec Co. Ltd
6.4.10 Johnson Matthey
6.4.11 Poly-ink
6.4.12 Sun Chemical
6.4.13 Vorbeck Materials
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Investment in Nanomaterials
7.2 Other Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/bhc1d2
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