Report : Asia Pacific Conductive Inks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Silver Conductive Ink, Carbon Conductive Ink, Polymer Conductive Ink, and Copper Conductive Ink) and Application (Solar Panels, Touch Screens, Membrane Switches, Medical Devices, Printed Circuit Boards, Sensors, Heating Elements, Radio Frequency Identification, Cell Phone Antennas, Automotive, and Others)
Carbon Conductive Ink Segment to Dominate APAC Conductive inks market During 2022–2028
According to a new market research study on “APAC Conductive inks market to 2028 – COVID-19 Impact Analysis and Forecast by Type, Application, and Country” is expected to reach US$ 1665.81 million by 2028 from US$ 1173.48 million in 2022. The market is estimated to grow at a CAGR of 5.7% from 2022 to 2028. The report provides trends prevailing in the APAC conductive inks market along with the drivers and restraints pertaining to the market growth. Expanding adoption of RFID technology and developing demand for miniaturized and efficient electronic devices are the major factor driving the growth of the APAC conductive inks market. However, large price of silver-based conductive inks hinders the growth of APAC conductive inks market.
The APAC conductive inks market is segmented based on type, application, and country. Based on type, the APAC conductive inks market is segmented into silver conductive ink, carbon conductive ink, polymer conductive ink, and copper conductive ink. The carbon conductive ink segment dominated the APAC conductive inks market in 2021. Based on application, the APAC conductive inks market is segmented into solar panels, touch screens, membrane switches, medical devices, printed circuit boards, sensors, heating elements, radio frequency identification, cell phone antennas, automotive, and others. The printed circuit boards segment dominated the APAC conductive inks market in 2021. Based on country, the APAC conductive inks market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. The China segment dominated the APAC conductive inks market in 2021.
DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; NovaCentrix; Inkroy Oy; and Molex, LLC (Koch Industries, Inc.) are among the leading companies in the APAC conductive inks market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, DuPont Microcircuit and Component Materials business announced the launch of 5881, a new Silver/Silver Chloride conductive ink/paste for healthcare applications.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email Id: sales@businessmarketinsights.com