Conductive Inks and Pastes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025

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Conductive ink is created by infusing graphite or other conductive materials into ink. This results in a printed object, which conducts electricity. Conductive ink contains components that provide conductivity. Components of conductive ink may include silver, carbon, graphite, or other precious metal-coated base materials. Conductive paste is an electrically conductive adhesive, which facilitates the release of heat generated by electronic devices. Conductive paste has become a crucial soldering material in assembly of parts of next-generation electronics devices such as solar cells and smartphones due to its high reliability and compatibility with various printing methods.

The conductive inks and pastes market is primarily driven by the touch pads market particularly because touch capability is penetrating in the notebook and monitor markets too. Adverse competitive pressure in the conductive inks and pastes market has compelled most suppliers to seek new opportunities. However, suppliers have eye on one another’s rapidly launching comparable products which results in an erosion of variation in the market. This puts suppliers in a dilemma that whether to keep technologies secret or to take it to the market to get customer feedback in new markets to get know customer needs very well.

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Conductive inks and pastes have their applications in silicon solar cells, touchscreen edge electrodes, 3D antennas, photovoltaic, automotive, adopt printed conductive pastes and inks, in-mold electronics, electronic textile and wearable electronics, conformal printing, EMI Shielding, 3D printed electronics, ITO replacement, printed piezoresistive, capacitive and bio sensors, PCB, RFID, printed TFT and memory, OLED and large-area LED lighting, flexible e-readers and reflective displays, large-area heaters, conductive pens, digitizers, and others. The touchscreen edge electrodes market is expected to expand primarily led by its penetration in the notebook and monitor markets. Photovoltaic is a large segment of conductive pastes. The application in automotive segment is expanding significantly particularly due to the use of convective pastes in the interior products such as seat heaters, overhead consoles, etc. The biosensors market, particularly glucose sensors, is also expanding at a faster pace.

In terms of geography, the conductive inks and pastes market can be segregated into North America, Asia Pacific, Europe, Latin America and Middle East & Africa. Asia Pacific led the conductive inks and pastes market, accounting for large share in terms of revenue in 2016. Emerging countries such as China and India held key share of the global conductive inks and pastes market. Investments done in China and India to set up solar photovoltaic have taken a surge for conductive inks and pastes market as they emit enormous solar energy. This would be an opportunity for the replacement of nonrenewable energy with the renewable energy source. North America is also a promising region of the conductive inks and pastes market, led by the advancement in technologies. Europe is the most active market in terms of strategic initiatives. Demand for conductive inks and pastes is rising in Middle East & Africa owing to the expansion in end-user industries.

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Key players operating in the conductive inks and pastes market include Advanced Nano Products Co Ltd, Applied Nanotech Inc., Asahi Glass Co Ltd, Asahi Kasei Corp, Cabot Corp, Chang Sung Corporation, Cima NanoTech Inc, Ferro Corporation, Giga Solar Materials Corp, Harima Chemicals Group, Inc., Hitachi Chemical Co Ltd, and Indium Corporation.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting andThe Canada market for concrete floor coatings is characterized by a highly consolidated competitive landscape because of the strongholds of a handful of market players. There is a need to have skilled labor, effective techniques, and a robust industrial base to manufacture concrete floor coatings, and hence, only a countable number of players have risen to reckon in the market. In 2016, 70% of the total market share was held by the top five players in the Canada market for concrete floor coatings. These market players are PPG Industries Inc., RPM International Inc., The Sherwin Williams Company, BASF SE, and Sika AG, and each of them has a unique selling point that aids its growth. Furthermore, these market players have made continual efforts to make their production more agile and nimble, which has helped them in reducing the operating costs. Technological expertise and product innovation have been the crux of the business strategies of the aforementioned market players. Although other market players also coexist in the market, there is little scope of growth for them because a major market share is held by the top five players. There are strong barriers to the entry of new players into the market and their sustenance is even more difficult.

A report published by Transparency Market Research (TMR) forecasts the growth rate of the Canada concrete floor coatings market over the period between 2017 and 2025. The Canada market is expected to expand at a steady CAGR of 5.2% over the aforementioned forecast period. Furthermore, the market was valued at S$100.8 mn in 2016 and is expected to reach a stellar value of US$158.0 mn in 2025.

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Constructions Industry to Raise Market Demand

The environmental regulations in Canada have played a pivotal role in elevating demand within the market for concrete floor coatings. The government has imposed restrictions on the use of paints and coatings with volatile organic compounds (VOCs) that can easily turn into vapor or gas. Constructions across residential, industrial, and commercial sectors in Canada have witnessed an unprecedented rise over the past decade. Since most of the constructions now involve the use of concrete floor coatings, the demand within the Canadian market for floor coatings is expected to keep rising over the coming years. Besides this, the government of Canada has introduced several plans and schemes for the development of the constructions industry in the region including New Building Canada Plan (NBCP) and Affordable Housing Initiative (AHI).

Ontario to Emerge as Leading Regional Segment

The market for concrete floor coatings is expected to register the highest growth rate in Ontario where a number of residential projects are in the pipeline. Furthermore, the disposable income of the population in Ontario is significantly higher than that of other regions in Canada. In 2016, Ontario accounted for a total market share of 30% in the regional mix which shows the splendid performance of the region in the market for concrete floor coatings. Other key regions that are expected to exhibit a robust growth rate over the coming years include British Columbia, Manitoba, Atlantic, and Alberta.

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The review is based on a market research report by TMR titled, “Concrete Floor Coatings Market (Product Type - Epoxy and Polyaspartics; Application - Indoor and Outdoor) - Canada Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”.

The Canada concrete floor coatings market can be segmented as:

Concrete Floor Coatings Market – Product Type Analysis

Epoxy
Polyaspartics
Others

Concrete Floor Coatings Market – Application Type Analysis

Indoor
Outdoor

Concrete Floor Coatings Market – Provincial Analysis

Ontario
Quebec
British Columbia
Alberta
Saskatchewan
Manitoba
Atlantic

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.