Europe Conductive Inks Market

Europe Conductive Inks Market Forecast (2023-2028):

Europe Conductive Inks Market is foreseen to progress at a CAGR of XX% in the outlook period of 2023 to 2028, and the market was valued at XXX million USD in 2022.

Impact of COVID-19 on the European Conductive Inks Market:

The covid-19 pandemic disrupted various businesses across Europe including the Conductive ink market. Being the early hotspot for the pandemic, major European economies were shut which had a severe impact on the conductive ink market. Tier-1 suppliers such as DuPont and Henkel also saw a halt in production activities and the demand for their products deteriorated steeply. Market segments such as graphene which were currently under development were hit hard as investments were low and people opted for conventional carbon ink over the substitute. With the situation coming under control in mid-2020, experts say that the market can expect recovery from the beginning of 2021

Drivers and Restraints of the Europe Conductive Inks Market:

Increased usage of lightweight material in Industries as per government norms is one of the driving forces for the growth of the Conductive inks market in Europe and throughout the globe. Consumers prefer small and lightweight gadgets, and this triggers the demand for conductive inks. Products using conductive ink are comparatively easier to handle than their heavyweight counterparts. The chemical industry in Europe plays a major part in the economies of various local nations. Germany, France, Italy, and the Netherlands together account for more than 60% of the total European sales during the review period.

Over conductive inks, carbon inks are preferred because of their low cost. This is because conductive inks use silver which is expensive. On top of this, graphene-based conductive inks have not matured to be fully operational in the market. These factors hinder the growth of the global conductive inks industry.

The conductive ink market has been segmented into the following categories.

On the basis of Type:

• Silver Flake
• Dielectric
• Silver Nanoparticle
• Copper Flake
• Carbon Nanoparticle
• Carbon/Graphene

On the basis of the Application:

• Displays
• Membrane Switches
• RFID
• Photovoltaic
• Automotive

Chemical Industry is very strong in the European regions and it has led to the growth and development of the silver conductive ink market in the region. Conductive ink, with the help of other technologies, is compatible with every printing technique.

The electronics market has been growing rapidly in the European region and conductive ink is gaining popularity because of its lightweight and ease of handling. In this segment, we can expect future growth. The photovoltaic market has tremendously grown in the past few years and it has triggered high demand for the conductive ink industry.

Geographical overview and regional presence:

Germany has been the leading producer of chemicals in Europe and has been improving and investing a lot in research and development in the conductive ink industry.
The development of carbon nanotube ink and graphene-based ink is growing slowly in Europe.

The Europe market of conductive ink has primarily been driven by domestic sales but recently major European companies have started to look beyond and have entered into the exporting game.

Major Key Players:

1. Heraeus

2. Henkel AG

3. Johnson Matthey

4. Poly Ink

5. Imerys

6. Omya AG