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Conductive Inks Market Analysis by Type (Silver Inks, Copper Inks, Conductive Polymer Inks, and Carbon/Graphene Inks); and by Application (Photovoltaics, Automotive, RFID, and Membrane Switches) – Supply & Demand Analysis & Opportunity Outlook 2023-2033

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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  • PV Nano Cell Ltd., a cutting-edge manufacturer of conductive digital inks and a supplier of inkjet-based solutions for mass production, announced today that it has created a new carbon-based ink that is used to print resistors and that it is now producing embedded resistors and capacitors for customers.

  • Introducing a revolutionary affordable gold conductive ink, coating, and glue is Creative Materials, Inc. In order to establish conductivity with the least amount of gold, CMI's 128-24 maximises the gold's efficiency.

Global Conductive Inks Market Size, Forecast, and Trend Highlights Over 2023 - 2033

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 3 Billion

Forecast Year Market Size (2033)

~ USD 4 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)


The global conductive inks market is estimated to garner a revenue of ~USD 4 Billion by the end of 2033 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 3 Billion in the year 2022. The growth of the market is primarily attributed to the growing automotive industry across the globe. For instance, between April 2021 and March 2022, the automobile industry manufactured a total of 22.93 million vehicles, including passenger cars, commercial trucks, three-wheelers, two-wheelers, and quadricycles. Moreover, growing use of conductive inks in electronic industry is a further factor, which is propelling the growth of the conductive inks market over the forecast period.

conductive ink market overviewGet more information on this report:Download Sample PDF

Cars consist of conductive ink. However, besides that, the conductive ink is also used in various application which includes printing RFID tags, and more. Conductive ink combines the usefulness of ink with the capacity to carry electricity, hence they are more in demand. Further there has been growing investment made in automotive sector which is also estimated to boost the market growth. For instance, the Indian government announced a PLI program in September 2021 for vehicles and auto parts valued at approximately USD 2 billion.

Global Conductive Inks Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Usage of Vehicles- There would be approximately 2 billion cars on Earth as of the year 2022. That amounts to about 16% of the population. Conductive inks make up the automotive industry. Hence the market is expected to continue to grow over the forecast period as a result of rising vehicle demand.

  • Surge in Growth of Electronic Industry- E-commerce sales in US rose from USD 571.2 billion in 2019 to USD 815.4 billion in 2020, the first year of the pandemic, according to the most recent 2020 ARTS release, a surge of USD 244.2 billion or 43%.

  • Significant Investment in Automotive Sector by Companies- To finance its future needs, including EV expansion, MG Motors, a subsidiary of China's SAIC Motor Corp, announced plans to raise more than USD 340 million in private equity in India in March 2022.

  • Increasing Disposable Income- The United States' disposable personal income in August 2022 increased over the previous month by about 1 percent.

  • Growth in IT and BPM Services- India ranks among the top exporters of IT and BPM services, making up around about 55% of the worldwide outsourcing industry.


  • High Cost of Silver - The necessity to reduce or substitute silver's use has arisen as a result of the metal's rising price. Variations in the price of silver have caused producers to turn their attention to alternate, less expensive conductive metals including copper, graphene, and aluminum. Owing to their poor attributes, the alternatives provided have qualities that are not equal to silver, which limits the market's potential for expansion.

  • Lack of Chemical Compatibility

  • Lack of Long Term Stability

The conductive inks market is segmented and analysed for demand and supply by application into photovoltaics, automotive, RFID, and membrane switches. Out of which, the RFID segment is anticipated to garner the largest revenue by the end of 2033, backed by large number of people owning smartcards and credit cards. For instance, according to an estimate, in 2020, about 80% of American people who were of legal age held one or more credit cards. Smartcards, passports, credit cards, and a number of transit systems are just a few examples of the many products that use RFID technology. The material used in RFID devices offers a high degree of configurability and satisfies the criteria for flexibility, adhesion, and compatibility in addition to enabling them to transmit and receive certain radio frequencies.

Global Conductive Inks Market Regional Synopsis

The Asia Pacific conductive inks market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, owing to growing population, followed by the rising disposable income in the region. For instance, India saw about 3% increase in cement production in July 2022 as compared to July 2021. When compared to the same period the year before, its cumulative index increased by roughly 12% from April to July 2022-2023. Owing to growing population in this region more people are expected to spend on purchasing vehicles, hence boosting the market growth. Besides this, the outstanding growth in photovoltaics, PCBs, and rising utilization of windshield sensors in vehicles is also fueling up the growth of the conductive inks market in the region.

Market Segmentation

Our in-depth analysis of the global conductive inks market includes the following segments:

        By Type

  • Silver Inks
  • Copper Inks
  • Conductive Polymer Inks
  • Carbon/Graphene Inks

         By Application

  • Photovoltaics
  • Automotive
  • RFID
  • Membrane Switches

Top Featured Companies Dominating the Global Conductive Inks Market

  • DuPont de Nemours, Inc.

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Henkel AG & Co. KGaA
  • Creative Materials Inc.
  • Heraeus Holding
  • Poly-ink
  • PV Nano Cell Ltd.
  • Johnson Matthey
  • Vorbeck Materials Corp.
  • Diacel Corporation
  • Sun Chemical


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