With Market Size Valued at $4 Billion by 2026, it`s a Healthy Outlook for the Global Conductive Inks Market
SAN FRANCISCO, June 23, 2022
SAN FRANCISCO , June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Conductive Inks - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Edition: 7; Released: January 2022
Executive Pool: 1122
Companies: 44 - Players covered include Advanced Nano Products Co., Ltd.; Agfa-Gevaert NV; Bando Chemical Industries Ltd.; Cartesian Co.; C-INK Co., Ltd.; Creative Materials, Inc.; Daicel Corporation; DowDuPont, Inc.; Elephantech Inc.; Fujikura Ltd.; Henkel AG & Co. KGaA; Heraeus Holding GmbH; InkTec Co., Ltd.; Johnson Matthey PLC; Methode Electronics, Inc.; NovaCentrix; Parker Chomerics; Poly-Ink; PPG Industries, Inc.; Promethean Particles Ltd.; Sun Chemical Corporation; Vorbeck Materials Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (Photovoltaic, Sensors, Displays, Other Applications); Type (Silver Ink, Dielectric, Carbon Nanoparticle, Carbon/Graphene, Other Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Conductive Inks Market to Reach $4 Billion by 2026
Amid the COVID-19 crisis, the global market for Conductive Inks estimated at US$3.5 Billion, is projected to reach a revised size of US$4 Billion by 2026, growing at a CAGR of 2.2% over the analysis period. Photovoltaic, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$1.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sensors segment is readjusted to a revised 1.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $974 Million in 2021, While China is Forecast to Reach $781.6 Million by 2026
The Conductive Inks market in the U.S. is estimated at US$974 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$781.6 Million by the year 2026 trailing a CAGR of 4.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.
Displays Segment to Reach US$881.9 Million by the year 2026
In the global Displays segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$582.6 Million will reach a projected size of US$658.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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SOURCE Global Industry Analysts, Inc.