Conductive Inks Market Size & Share, by Product (Conductive Silver Ink, Conductive Copper Ink, Conductive Polymers, Carbon Nanotube Ink, Dielectric Inks, Carbon/Graphene Ink); Application (Photovoltaic, Membrane Switches, Displays, Automotive, Smart Packaging, Biosensors, Printed Circuit Boards) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4577
  • Published Date: Feb 15, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Conductive Inks Market size is poised to reach USD 6 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of conductive inks was USD 3 Billion. The reason behind the growth is due to the growing adoption of renewable energy sources across the world. Nowadays, about one-seventh of the primary energy produced worldwide comes from renewable sources since when compared to coal, oil, or gas, renewable energy sources such as wind and solar are typically less expensive, widely available, and emit little to no greenhouse gases.

According to the International Energy Agency, global renewable electricity capacity is expected to reach around 4,800 GW by 2026, an increase of more than 60% from 2020 levels.

The growing developments in ink technology are believed to fuel the market growth. For instance, PV Nano Cell Ltd. an innovative provider of inkjet-based conductive digital printing solutions announced the development of new carbon-based ink with high resistivity that is used to print resistors.

Conductive Inks Market
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Conductive Inks Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Popularity of Product Miniaturization - It is expected that demands for device miniaturization and efficiency can be achieved using conductive inks which are capable of creating lighter components, allowing easier handling, and decreased material density.
  • Growing Usage of (Printed Circuit Board) PCBs- Conductive ink for PCB design is an ink type that has conductive components such as copper, silver, or gold infused into it. Which is used for printing onto PCB boards to connect neighboring copper features and create a conductor between traces or between traces and components.
  • Conductive Inks in Medical Equipment- Medical conductive inks are specialized inks with electrical conductivity qualities that are utilized in a variety of medical applications such as in the production of diabetes devices such as glucose test strips, which make it easier for people to check their blood glucose levels. Moreover, the market for medical conductive inks has expanded significantly in recent years, since these inks offer a versatile and affordable alternative for the production of medical devices by enabling the printing of conductive patterns on flexible surfaces.


  • Exorbitant Cost of Silver-Based Conductive Inks - Owing to its excellent conductivity, silver is one of the metals used in electronics the most frequently as compared to copper which is less expensive yet more prone to oxidation. The most well-known and popular kind of conductive ink is made of tiny silver flakes, which is said to influence the prices for silver metal leading to higher production costs of conductive inks. For instance, more than 75% of the price of flake-based ink is derived from silver, so changes in the price of the raw material have a significant impact on the price of the ink. Moreover, silver flakes are widely utilized today, and are a relatively new addition to the field of nanotechnology, are prized for their high rates of electric conductivity which hinders their widespread application in many electrical equipment.
  • Difficult to ensure compatibility with different printing techniques
  • Environmental concerns associated with the conductive inks owing to the incorporation of metals

Conductive Inks Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2023)

~ USD 3 Billion

Forecast Year Market Size (2036)

~ USD 6 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 the Middle East and Africa)
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Conductive Inks Segmentation

Product (Conductive Silver Ink, Conductive Copper Ink, Conductive Polymers, Carbon Nanotube Ink, Dielectric Inks, Carbon/Graphene Ink)

The conductive silver ink segment is estimated to hold 40% share of the global conductive inks market in the coming years. For highly conductive printed electronic applications, conductive silver ink is used, and it is also particularly appropriate for the development of in-molded electronics with 3D shapes since silver has good thermal and electrical conductivity. A broad range of substrates, such as polyester, Mylar, glass, polycarbonate, polyimide, Kapton, and ITO-coated surfaces, can be adhered to by silver conductive inks, which are also used to print longer and narrower circuit trace lines without sacrificing total maximum ohm values.

For conductive ink formulations, silver (Ag), a highly conductive metal, provides several benefits for a variety of applications, including capacitive HMI (human-machine interaction), since silver in particular oxidizes slowly, forming a layer of conductive oxide that is unaffected by the ink's conductivity during this process.

In addition, copper (Cu) inks have emerged as the newest and most popular conductive inks owing to their low cost and great conductivity, which makes them one of the best options for the conductive layer in flexible printed electronics. Numerous research has demonstrated that printing with copper-based inks can result in high conductivity making it useful for various uses of copper inks for electronic devices, including sensors, thin-film transistors, and transparent conductive electrodes.

Application (Photovoltaic, Membrane Switches, Displays, Automotive, Smart Packaging, Biosensors, Printed Circuit Boards)

The photovoltaic segment in the conductive inks market is set to garner a notable share shortly. A well-established technique for metalizing solar panels' upper surfaces to extract charge is conductive inks that can be utilized with ink-jet printing to create printed organic photovoltaic solar cell panels on extremely thin, flexible surfaces. Moreover, the conductive inks are expected to advance owing to the photovoltaic system's ongoing technological advancements, and the benefits offered by conductive ink such as incredibly low resistance, which is crucial for the solar sector.

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


  • Conductive Silver Ink
  • Conductive Copper Ink
  •  Conductive Polymers
  •  Carbon Nanotube Ink
  •  Dielectric Inks
  •  Carbon/Graphene Ink


  • Photovoltaic
  • Membrane Switches
  •  Displays
  •  Automotive
  •  Smart Packaging
  •  Biosensors
  •  Printed Circuit Boards

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Conductive Inks Industry - Regional Synopsis

APAC Market Forecast

Conductive inks market in North America is predicted to account for the largest share of 45% by 2036 impelled by the increasing manufacturing of PCBs. China is one of the biggest makers of printed circuit boards worldwide and has grown to be a well-liked location for the production of PCB prototypes owing to its low cost of manufacturing. China produced around USD 77 billion worth of PCBs in 2021. Followed by China, Taiwan has become a global leader in the printed circuit board (PCB) business, controlling over 32% of the market with more than 25 manufacturers holding significant market share. For instance, Taiwan's output volume for printed circuit boards was over USD 620 million square feet in 2022.

In addition, India has an abundance of solar energy, and by the end of 2022, it was ranked fifth globally in terms of solar PV deployment. As a result, the demand for conductive ink may significantly rise in the region.

North American Market Statistics

The North America conductive inks market is estimated to be the second largest, during the forecast timeframe led by the increasing personal disposable income. The high disposable income encourages consumers to purchase electronics, which may drive market growth in the region. For instance, the United States' disposable personal income rose by around 0.3% in November 2023 compared to the same month the previous year.

Research Nester
Conductive Inks Market Size
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Companies Dominating the Conductive Inks Landscape

    • Vorbeck Materials Corp.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DuPont
    • Applied Nanotech Holdings, Inc.
    • Sun Chemical Corporation
    • PPG Industries, Inc.
    • Creative Materials, Inc.
    • Poly-Ink
    • Henkel Ag & Co. KgaA
    • PChem Associates, Inc.
    • Johnson Matthey Colour Technologies
    • Fujikura Ltd.
    • Heraeus Holding
    • Nagase America Corporation


In The News

  • DuPont introduced MCM’s 5881 conductive ink, a new silver/silver chloride (Ag/AgCl) conductive ink/paste with excellent conductivity and low electrode polarization that will enable producers to create products with a high rate of electrical feedback, such as skin patches and continuous blood glucose monitors, which can help patients receive accurate health information, and satisfy the growing demands of medical professionals and patients who use these gadgets daily.
  • Creative Materials, Inc. announced the launch of a new economical gold conductive ink, coating, and adhesive, CMI’s 128-24 with excellent adhesion to polyimide, polyester, glass, and other smooth high-energy surfaces to print on non-oxidizing gold electrodes.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4577
  • Published Date: Feb 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing adoption of renewable energy sources across the world and the growing developments in ink technology are the major factors driving the growth of the market.

The market size of Conductive Inks is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are Vorbeck Materials Corporation, Sun Chemical Corporation, Creative Materials Inc., Nova Centrix, PPG Industries, Inc., Creative Materials, Inc., Poly-Ink, Henkel Ag & Co. KgaA, and others.

The Conductive Silver Ink segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Conductive Inks Market Report Scope

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