Report : Middle East and Africa 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 MEA Conductive inks market During 2022–2028
According to a new market research study on “MEA Conductive inks market to 2028 – COVID-19 Impact Analysis and Forecast by Type, Application, and Country” is expected to reach US$ 192.07 million by 2028 from US$ 155.86 million in 2022. The market is estimated to grow at a CAGR of 3.5% from 2022 to 2028. The report provides trends prevailing in the MEA conductive inks market along with the drivers and restraints pertaining to the market growth. Incrementing adoption of RFID technology and developing demand for miniaturized and efficient electronic devices are the major factor driving the growth of the MEA conductive inks market. However, silver-based conductive inks are expensive hinders the growth of MEA conductive inks market.
The MEA conductive inks market is segmented based on type, application, and country. Based on type, the MEA 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 MEA conductive inks market in 2021. Based on application, the MEA 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 MEA conductive inks market in 2021. Based on country, the MEA conductive inks market is segmented into South Africa, Saudi Arabia, UAE, Rest of MEA. The Saudi Arabia segment dominated the MEA conductive inks market in 2021.
DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; NovaCentrix; and Molex, LLC (Koch Industries, Inc.) are among the leading companies in the MEA 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 has announced that it has successfully completed the acquisition of Laird Performance Materials, a world leader in high-performance electromagnetic shielding and thermal management solutions.
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