Report : Europe 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)
Printed Circuit Board Segment to Dominate Europe Conductive inks market During 2022–2028
According to a new market research study on “Europe Conductive inks market to 2028 – COVID-19 Impact Analysis and Forecast by Type, Application, and Country” is expected to reach US$ 1265.35 million by 2028 from US$ 907.54 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 Europe conductive inks market along with the drivers and restraints pertaining to the market growth. Developing adoption of RFID technology and rising demand for miniaturized and efficient electronic devices are the major factor driving the growth of the Europe conductive inks market. However, huge cost of silver-based conductive inks hinders the growth of Europe conductive inks market.
The Europe conductive inks market is segmented based on type, application, and country. Based on type, the Europe 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 Europe conductive inks market in 2021. Based on application, the Europe 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 Europe conductive inks market in 2021. Based on country, the Europe conductive inks market is segmented into Germany, France, Italy, UK, Russia, and Rest of Europe. The Germany segment dominated the Europe conductive inks market in 2021.
DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; NovaCentrix; Poly-ink; Inkroy Oy; and Molex, LLC (Koch Industries, Inc.) are among the leading companies in the Europe 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 2020, NovaCentrix stated that the 2019 official sales figures for its Metalon metal-based inks set two new sales records: record sales revenues and record shipments. Electrically conductive inks for consumer electronics and autos and graphical inks, especially for consumer product packaging, were among the key uses. Screen-print inks are popular deposition formats, as are inkjet inks used by clients of the company's integrated R2R inkjet print-and-cure technology.
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