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Growing Consumer Electronics Industry to Boost the Growth of Global Conductive Inks Market at 6.9% CAGR
July 1, 2019 | PRNewswireEstimated reading time: 3 minutes
Transparency Market Research has recently published their latest report on global conductive inks market. According to the report, the market has a highly fragmented and competitive landscape. Various prominent players dominate the market. This presence poses a tough competition for the new entrants to establish themselves in the global conductive inks market. In order to compete with the well-established players the new comers are looking forward to adopt strategies such as merger, collaborations, and partnerships. On the other hand, major players are investing heavily on research and development in order to offer innovative solutions to the clients. This allow the players to maintain their dominance in the market and acquire an edge among their rivals.
Some of the players of global conductive inks market are E.l. du Pont de Nemours and Company, NovaCentrix, Sun Chemical Corporation, Heraeus Holding GmbH, and Henkel AG & Co. KGaA.
According to the report by Transparency Market Research, the global conductive inks market is expected to witness a consistent growth of 6.9% CAGR from 2017 to 2025. In the same duration, the global conductive inks market is projected to be valued approximately $4.27 billion by the end of 2025. It is remarkable that during the last quarter of 2016, the global conductive inks market was valued approximately $2.34 billion.
The global conductive inks market is categorized on the basis of type and application. Out of these categories, the silver conductive inks segment under type category is expected to dominate the global conductive inks market in the forecast period of 2017 to 2025. The growth of the segment is attributed to its large scale applications and standard formulation across the globe.
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Geographically, Asia Pacific is likely to exhibit maximum potential for the players of global conductive inks market. The growth is the result of ceaseless penetration of consumer electronics in economies such as China and India. Also, owing to growing application of various electronic gadgets in the countries, Asia Pacific is expected to grow maximum in the global conductive inks market in the forecast period of 2017 to 2025.
Rising Application in Pharmaceuticals Industry to Boost Growth
As a result of growing usage of the contact screen-based electronic gadgets, the global conductive inks market is expected to witness a major growth in the forecast period. Moreover the rising demand of feasible solutions and swift developments of sun-based sheets and various bother gadgets, is also expected to support the growth of global conductive inks market in the forecast period of 2017 to 2025.
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Owing to the rising demand of printed gadgets, the global conductive inks market is expected to grow substantially in the forecast period. Also, as a result of strong pipelines for business parts outlets is one of the major reasons that is promoting the growth of global conductive inks market in coming years. Nevertheless, the utilization of advanced packaging materials in pharmaceuticals and healthcare industry, the global conductive market is experiencing a robust growth. Additionally, development and usage of various conductive inks in various fragments of automobile is yet another driver that is promoting the growth of global conductive inks market.
Flexible Application to Offer Multiple Opportunities to the Players
The conductive inks has a wide range of applications in various industries such as electronics, manufacturing, graphene, and carbon inks. This flexibility of application can be leveraged by various players across the globe and develop solution in order to cater the need of clients. This flexibility offered by various conductive inks is expected to promote the growth of global conductive inks market from 2017 to 2025.
About Transparency Market Research
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
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