Report : North America 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 North America Conductive inks market During 2022–2028
According to a new market research study on “North America Conductive inks market to 2028 – COVID-19 Impact Analysis and Forecast by Type, Application, and Country” is expected to reach US$ 1923.40 million by 2028 from US$ 1443.92 million in 2022. The market is estimated to grow at a CAGR of 4.9% from 2021 to 2028. The report provides trends prevailing in the North America conductive inks market along with the drivers and restraints pertaining to the market growth. Increasing adoption of RFID technology and growing demand for miniaturized and efficient electronic devices are the major factor driving the growth of the North America conductive inks market. However, high cost of silver-based conductive inks hinders the growth of North America conductive inks market.
The North America conductive inks market is segmented based on type, application, and country. Based on type, the North America 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 North America conductive inks market in 2021. Based on application, the North America 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 North America conductive inks market in 2021. Based on country, the North America conductive inks market is segmented into US, Canada, and Mexico. The US segment dominated the North America conductive inks market in 2021.
DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; NovaCentrix; Vorbeck Materials Corp; and Molex, LLC (Koch Industries, Inc.) are among the leading companies in the North America 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 2021, 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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