The Non-Conductive Ink Market is expected to grow at > 7.0% during 2020-2025, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Non-Conductive Ink Market
Non-Conductive Ink Market is likely to witness a healthy CAGR of 7.0% during the forecast period. The prime factor contributing to the demand for non-conductive ink is majorly its extensive usage in printed circuit boards, which in turn, is driving the growth of the market.
Asia-Pacific is estimated to be the fastest-growing non-conductive ink market during the forecast period owing to higher consumption of non-conductive ink in China, Japan, and India. Asia-pacific is the hub for electronics and electric equipment. The higher demand of non-conductive ink is majorly driven by increase in production of PCB panels and rising manufacturing activities in the region.
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Market Scope & Market Segmentation
Non-Conductive Ink Market Share: By Substrate Type
Based on the substrate type, the market is segmented as glass, ceramic, acrylic, and others. The glass segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period owing to its excellent printability. It is majorly used in electrical and electronic segment where it is preferred in displays and photovoltaics.
Non-Conductive Ink Market Share: By Application Type
Based on the application type, the market is segmented as PCB panels, PV panels, LED packaging, and others. The PCB panels segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period owing to increase in production of PCB panels and increase in their usage in medical devices, consumer electronics, automotive, aerospace, and lighting applications. The growth of these industries drives the demand of non-conductive inks market.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
- What is the impact of COVID-19 on the market forecast?
- What are the trends, drivers, and challenges?
- How competitive is the market? Who are the market leaders?
- What are the key strategies adopted by the market players?
- Which segments offer the greatest opportunities?
- Which are the most attractive regions?
- What are the key success factors for the market players?
- How does the business environment impact the market?
- Which strategic alliances have taken place recently and their significance?
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
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Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as Advanced Materials, Aerospace & Defense, Automotive & Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our market veterans make sure to have a deep research about the topics so that the most useful and authentic insights can be delivered to the professionals.