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.

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

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.

Drivers and Restraints

Bullish Investments in Electronics Industry to Foster Return on Investment (RoI)

The unprecedented growth of the electric sector is poised to foster conductive inks market share over the next few years. End-users will continue to exhibit traction for lightweight and efficient electronics across the advanced and emerging economies. IoT sensors, RFID tags, printed heaters, and touch displays are likely to set the trend. Prominently, the advent of 5G networks will potentially augment RoI. Robust outlook will be driven by the need for faster electronic devices and organic biosensors.