Conductive Inks Global Market Report 2024

Conductive ink is a type of ink with electrical conductivity, designed for use in printed electronics. It incorporates conductive materials like graphite or silver, enhancing its electrical conductivity. These inks can be applied to various substrates, whether planar or non-planar, and are compatible with inkjet or aerosol jet printing methods.

Key types of conductive inks include silver inks, copper inks, conductive polymer inks, carbon or graphene inks, among others. Silver inks are notable for their high electrical and thermal conductivity, chemical stability, and ability to conduct electricity even in their oxide state. They find application in the production of high-performance electrical devices. Various product types, such as offset silver ink, letterpress ink, and intaglio silver ink, cater to diverse uses in photovoltaics, membrane switches, displays, automotive components, smart packaging, biosensors, printed circuit boards, and other applications.

The conductive inks market research report is one of a series of new reports that provides conductive inks market statistics, including conductive inks industry global market size, regional shares, competitors with conductive inks market share, detailed conductive inks market segments, market trends, and opportunities, and any further data you may need to thrive in the conductive inks industry. These conductive inks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The conductive inks market size has grown strongly in recent years. It will grow from $3.38 billion in 2023 to $3.68 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth observed in the historical period can be attributed to factors such as electronics miniaturization, the development of printed electronics, the rise of flexible and wearable electronics, increased connectivity in the Internet of Things (IoT), and a focus on energy efficiency.

The conductive inks market size is expected to see strong growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The anticipated growth in the forecast period can be attributed to the advancements in 5G and wireless technology, the integration of smart packaging, the evolution of biomedical and healthcare devices, the emphasis on sustainable electronics, and the continued development of automotive electronics. Noteworthy trends expected during this period encompass miniaturization and integration, the proliferation of wearable technology, the adoption of printed electronics, the integration of IoT sensors, and the expanding use of 3D printing.

The escalating demand for electronics is set to drive the growth of the conductive inks market. Electronic devices, governed by the principles of electrical engineering and physics, are witnessing an increased need for printable conductive inks in their fabrication processes. The use of conductive inks significantly contributes to enhancing the quality and quantity of electronic components. As the industry seeks fabrication technologies that are both faster and more cost-effective than traditional methods, the demand for conductive inks is on the rise. In May 2023, the Japan Electronics and Information Technology Industries Association reported that total electronic equipment production in Japan reached $52,36,535 million (¥771,457 million), with consumer electronics production reaching $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022. Therefore, the surging demand for electronics is a significant driver of the conductive inks market growth.

The expansive automotive industry is poised to be a driving force behind the growth of the conductive inks market. The automotive sector, encompassing design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles, extensively utilizes conductive inks for various applications. Leveraging their electrical conductivity, flexibility, and versatility, conductive inks contribute to advancements in automotive technology, safety, and user experience. In January 2023, MarkLines Co. Ltd. reported a 5.4% increase in the sale of 1.287 billion units of light vehicles in the US in 2022 compared to the same period in 2021. Additionally, truck and SUV sales rose by 5.3% to 1.02 billion units, while passenger car sales increased by 5.7% to 0.266 billion units. Thus, the expanding automotive industry is expected to be a significant driver for the conductive inks market.

A key trend gaining prominence in the conductive inks market is technological innovation. Major players in the sector are actively engaged in developing cutting-edge technological solutions to strengthen their market positions. Notably, in March 2021, DuPont, a US-based technology company, launched 5881, a new Silver/Silver Chloride (Ag/AgCl) conductive ink/paste designed for medical applications. Boasting excellent conductivity and low electrode polarization, this innovation allows manufacturers to design devices such as skin patches and continuous blood glucose monitors with a high rate of electrical feedback, providing patients with accurate health information. This underscores the industry's commitment to technological advancements and addressing evolving market needs.

Major companies in the conductive ink market are strategically focusing on the development of innovative products, such as the ActiveGrid room temperature curing ink, to solidify their positions in the industry. The ActiveGrid room temperature curing ink is a specialized type of conductive ink that can be cured at ambient temperatures, making it particularly suitable for a diverse range of flexible and printed electronics applications. An example of this innovation is evident in the launch of ActiveGrid room temperature curing conductive ink by C3Nano Inc., a prominent US-based provider of transparent conductive inks, in October 2022. This breakthrough ink introduces unprecedented possibilities for applications in life sciences, automotive, packaging, consumer electronics, and disposable commodities. It addresses challenges that were previously deemed impossible or too costly to bring to the commercial market.

In a noteworthy acquisition in January 2022, Encres DUBUIT, a France-based company specializing in the production of digital inks, pad printing, and industrial screens, acquired POLY-INK for an undisclosed amount. This strategic move positions Encres DUBUIT as a crucial partner for significant printed electronics applications, combining expertise in nanomaterials technology and application engineering capabilities. POLY-INK, the acquired company, is based in France and specializes in the production of conductive inks

Major companies operating in the conductive inks market include DuPont de Nemours Inc., Henkel Adhesives Technologies India Private Limited, Creative Materials Inc., Heraeus Group PPG Industries, Johnson Matthey PLC, Vorbeck Materials Corporation, Daicel Corporation, NovaCentrix, Adnano Technologies Pvt. Ltd., Sun Chemical Corporation, PV Nano Cell Ltd., Methode Electronics, Epoxies Etc., Fortune International Technology LLC, Boston Industrial Solutions Inc., Nanospark, Chromatic Technologies, Centre for Process Innovation (CPI), Electroninks Incorporated, Haydale Graphene, Dycotec Materials Ltd., Dow Consumer, Applied Nanotech Holdings Inc., Nanosys Inc., Vorbeck Materials, American Elements, Metamaterial Inc.

Asia-Pacific was the largest region in the conductive inks market in 2023. The regions covered in the conductive inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the conductive inks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The conductive ink market consists of sales of ink binders, liquid crystals, triplet emitters, and organic-metallic blends. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.