Conductive Ink Market: Trends, Innovations, and Future Outlook
The global conductive ink market size is expected to reach USD 4913.8 million by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2022 to 2030. Increasing demand for efficiency and miniaturization, and emerging applications to drive the market growth are some of the key factors that are presumed to drive the regional markets. R&D initiatives to develop superior robust products that have a wide application base across diverse industries offer ample opportunities for market development. The surge in demand for properties such as smaller size, better energy efficiency, and better durability, conductive inks are used as a substitute for traditional wire circuits is anticipated to be beneficial for the overall market growth. Research initiatives to develop cost-effective raw materials, such as copper, nickel, and graphene, which have properties similar to that of silver, are projected to fu...