Conductive Inks Market to Witness Robust Expansion by 2028

The global conductive inks market size was valued at USD 2.44 billion in 2020. The market is projected to rise from USD 2.53 billion in 2021 to USD 3.37 billion by 2028 at 4.2% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report titled, “Conductive Inks Market, 2021-2028.”

According to the analysis, the ink has gained traction across applications, including printing RFID tags for computer keyboards and modern transit tickets. Moreover, the product has become highly sought-after for energy storage components globally.

COVID-19 Impact

Lower Production amidst Pandemic to Dent Industry Outlook

The past couple of years has witnessed profound supply chain disruptions, with automotive and electronics sectors grappling with the COVID-19 pandemic. Moreover, conductive ink manufacturers observed a slump in production capacity and a temporary shutdown of facilities. Stakeholders have also strived with raw material shortages and trade restrictions that could further dent the market prospect.

Segments

Type, Application, and Region are Studied

In terms of type, the market is fragmented into copper inks, silver inks, conductive polymer inks, carbon/graphene inks, and others.

Based on application, the market is segmented into RFID, automotive, membrane switches, photovoltaics, and others.

With respect to region, the market is segregated into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Report Coverage

The report is prepared with the use of qualitative and quantitative assessments. The use of primary sources, such as interviews with key opinion leaders has boosted the dynamics and insights with respect to trends. The report includes secondary sources, including SEC filings, press releases, annual reports, and paid databases. The report also delves into top-down and bottom-up approaches to forecast market size, revenues, and growth of major players in the landscape.

Source: https://www.fortunebusinessinsights.com/conductive-inks-market-106520