The APAC conductive inks market is expected to grow from US$ 1,173.48 million in 2022 to US$ 1,665.81 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2022 to 2028.
Silver has various qualities, such as high conductivity and oxidation stability. Therefore, silver prices have fluctuated, prompting a shift to low-cost conductive metals such as copper, carbon, graphene, and aluminum. Due to the high prices of silver, businesses are exploring alternatives to silver-based conductive inks. Copper is 100 times less expensive than silver. The price of copper is around US$ 8/kg. Owing to the price difference, substituting silver with copper is a popular option. However, copper is significantly more reactive than silver and oxidizes to insulating copper oxide quite quickly in the air. All these factors restrain the growth of the conductive inks market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging
markets. This factor is likely to drive the APAC conductive inks market. The APAC conductive inks market is expected to grow at a good CAGR during the forecast period.
APAC Conductive Inks Market Segmentation
The APAC conductive inks market is segmented based on type, application, and country. Based on type, the 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 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 the Rest of APAC. China dominated the APAC conductive inks market in 2021.
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DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; NovaCentrix; Inkroy Oy; and Molex, LLC (Koch Industries, Inc.) by Altair are among the leading companies in the APAC conductive inks market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,173.48 Million |
| Market Size by 2028 | US$ 1,665.81 Million |
| CAGR (2022 - 2028) | 5.7% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Conductive Inks Market is valued at US$ 1,173.48 Million in 2022, it is projected to reach US$ 1,665.81 Million by 2028.
As per our report Asia Pacific Conductive Inks Market, the market size is valued at US$ 1,173.48 Million in 2022, projecting it to reach US$ 1,665.81 Million by 2028. This translates to a CAGR of approximately 5.7% during the forecast period.
The Asia Pacific Conductive Inks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Conductive Inks Market report:
The Asia Pacific Conductive Inks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Conductive Inks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Conductive Inks Market value chain can benefit from the information contained in a comprehensive market report.
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