Nano copper inks enable very-low cost, high conductivity, environmentally friendly printed electronics, and can be embedded anywhere. Nano copper inks match top silver inks for any printed pattern, with high conductivity. Moreover, the potential for nano copper inks to replace expensive nano silver inks used in conductive printing has drawn the attention of scientific and industrial players. In printed electronics, various applications such as radio frequency identification tags, wearable electronics, organic light-emitting diodes, and organic solar materials are the major focus areas for nano copper inks. Moreover, the increasing energy demands necessitate utilizing alternative energy sources. As a result, renewable energy sources, especially solar energy, are now being used to generate electricity. The increasing uptake of solar energy for electricity generation is expected to drive the demand for solar-based technology and increase solar panel deployment in the years to come. That will create an opportunity for the conductive inks market in the photovoltaic application.
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 South America conductive inks market. The South America conductive inks market
is expected to grow at a good CAGR during the forecast period.
South America Conductive Inks Market Revenue and Forecast to 2028 (US$ Million)
South America Conductive Inks Market Segmentation
The South America 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 South America 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 South America conductive inks market in 2021. Based on country, the South America conductive inks market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America conductive inks market in 2021.
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DuPont de Nemours, Inc; Henkel AG & Co. KGaA; Heraeus Holding GmbH; MERCK KGaA; InkTec; and Molex, LLC (Koch Industries, Inc.) by Altair are among the leading companies in the South America conductive inks market.