전도성 잉크 : 시장 점유율 분석, 산업 동향과 통계, 성장 예측(2024-2029년)

The Conductive Ink Market size is estimated at USD 3.13 billion in 2024, and is expected to reach USD 4.01 billion by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).

The COVID-19 pandemic negatively affected the market in 2020 due to disruptions in the supply chain and the closure of manufacturing facilities. The electronics and solar industry was hampered in the short term due to the COVID-19 pandemic. However, the market recovered in 2021 and 2022 and is expected to grow over the forecast period.

The growing installation of solar panels and the increasing demand for printed circuit boards (PCBs) have been driving the market study.

On the flip side, the fluctuating raw material prices have been hindering the growth of the market studied.

Further, the increasing investment in nanomaterials and nanotechnology is likely to provide the opportunity for market study.

The Asia-Pacific region dominated the market across the world, with the largest consumption coming from countries such as China, India, and Japan.

Conductive Ink Market Trends

Growing Demand from Photovoltaic Segment

• Conductive ink, owing to its high conductivity, low sheet resistivity, excellent adhesion to indium tin oxide and cadmium tin oxide, superior printing resolution, and low curing temperature, has been widely used in solar cell panels.
• Moreover, the solar (photovoltaic) industry has been facing significant pressures to both reduce raw materials costs and increase production efficiency in order to compete with traditional grid power systems. In such a scenario, the usage of conductive inks acts as a viable solution for the industry.
• Globally, the photovoltaic (PV) industry has been increasing at a steady pace, with China leading the global PV market in terms of capacity additions through the current and future years.
• Among all the renewable energy sources, solar PV and wind energy accounted for the fastest growth across the world. Both renewable energy sources contribute two-thirds of the renewable energy generation annually.
• According to the Statistical Review of World Energy 2023, the world's installed photovoltaic power capacity stood at 1053.12 gigawatts, registering an increase of 22.2% in 2022 as compared to 861.54 gigawatts in 2021.
• According to the International Energy Agency, solar PV generation increased by a record 270 terawatt hours (TWh) in 2022, up around 26% from last year and reaching almost 1 300 TWh. It has surpassed wind energy in terms of generation growth of all the renewable technologies in 2022.
• Overall, all such factors are expected to drive the market for conductive ink in photovoltaic applications through the years to come.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region, owing to countries such as China, India, and Japan, has emerged as the leading consumer of conductive inks in the global market.
• China leads the photovoltaic capacity additions in both the Asia-Pacific and the global market. It is expected that most of the capacity addition through the coming years will come from China, India, and other Asia-Pacific countries.
• With the increasing demand for flexible and printed electronics, conductive inks are being increasingly used in the production of printed circuit boards (PCBs), sensors, and antennas.
• Taiwan is a leading country in the PCB industry. According to the Taipei Printed Circuit Association (TPCA), the printed circuit board industry has temporarily led the global market with a 33.9% market share. In 2022, the output volume of printed circuit boards in Taiwan reached about 625 million square feet.
• Taiwan may maintain its technological lead for 3-5 years if the government establishes a global hub for advanced PCB fabrication and pursues autonomy in PCB material supply.
• Additionally, China leads almost the entire value chain of the electronics production market globally and is also significantly investing in finding new ways to rapidly develop the miniaturization of electronics products.
• According to the China Electricity Council, as of 2022, China has an installed solar power capacity of over 390 gigawatts. China has made enormous strides in building its solar power capacity within the past decade, growing cumulative capacity from only 4.2 gigawatts in 2012 to 392.6 gigawatts in 2022.
• Further, to bring in a green revolution in India, the Indian government has set an ambitious target of having 500 GW of installed renewable energy by 2030, which includes the installation of 280 GW of solar power, which in turn will increase the demand for conductive inks in the country.
• Overall, such factors are expected to drive the market for conductive ink in the Asia-Pacific region through the years to come.

Conductive Ink Industry Overview

The global conductive ink market is partially consolidated in nature, with a few major players occupying a significant position in the global market. Some of the major companies (not in any particular order) operating in the market are Sun Chemical, Vorbeck Materials, DuPont, Henkel AG & Co. KGaA, and Heraeus Holding, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Drivers
  • 4.1.1 Growing Installation of Solar Panels
  • 4.1.2 Increasing Demand for Printed Circuit Boards
  • 4.1.3 Other Drivers
• 4.2 Restraints
  • 4.2.1 Fluctuating Raw Material Prices
  • 4.2.2 Other Restraints
• 4.3 Industry Value Chain Analysis
• 4.4 Porter's Five Forces Analysis
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Buyers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitute Products and Services
  • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Value)

• 5.1 Type
  • 5.1.1 Silver-based
  • 5.1.2 Copper-based
  • 5.1.3 Graphene-based
  • 5.1.4 Carbon Nanotubes
  • 5.1.5 Dielectric
  • 5.1.6 Conductive Polymers
  • 5.1.7 Other Types ( Gold and Platinum Based, etc)
• 5.2 Application
  • 5.2.1 Photovoltaics
  • 5.2.2 Radio Frequency Identification (RFID)
  • 5.2.3 Sensors
  • 5.2.4 Touchscreens and Displays
  • 5.2.5 Printed Circuit Boards
  • 5.2.6 Other Applications (Digital Printing, aerospace, etc)
• 5.3 Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Market Share(%)**/ Ranking Analysis
• 6.3 Strategies Adopted by Leading Players
• 6.4 Company Profiles
  • 6.4.1 Ad-Nano Technologies Private Limited
  • 6.4.2 Applied Ink Solutions c/o Kayaku Advanced Materials Inc.
  • 6.4.3 Celanese Corporation
  • 6.4.4 Creative Materials Inc.
  • 6.4.5 Daicel Corporation
  • 6.4.6 DuPont
  • 6.4.7 Henkel AG & Co. KGaA
  • 6.4.8 Heraeus Holding
  • 6.4.9 InkTec Co. Ltd
  • 6.4.10 Johnson Matthey
  • 6.4.11 Poly-ink
  • 6.4.12 Sun Chemical
  • 6.4.13 Parker Chromerics
  • 6.4.14 NovaCentrix
  • 6.4.15 Vorbeck Materials

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Increasing Investment in Nanomaterials
• 7.2 Other Opportunities