Global Printed Electronic Materials Market Report to 2031 – Growing Adoption of Printed Electronic Materials in Automotive Industry Driving Growth – ResearchAndMarkets.com

Dublin – (working wire)- The report “Printed Electronic Materials Market Report – Global and Regional Analysis: Focus on Application, End-Use Industry, Materials, Technology, and Region – Analysis and Forecast, 2022-2031” has been added to ResearchAndMarkets.com Show.

The global printed electronic materials market is expected to reach $17,559.59 Million by 2031 from $3,454.09 Million in 2021, at a CAGR of 18.82% during the forecast period 2022-2031.

North America and China dominated the global printed electronic materials market in 2021. North America, including major countries, such as the United States, is the most prominent country in the market due to the presence of large manufacturers of automobiles and consumer electronics.

stage of the market life cycle

The printed electronic materials market is in the development stage. There is a growing demand for flexible displays along with increasing adoption from new end users such as automobile manufacturers and the consumer electronics industry. The automotive and transportation industries have seen an increased demand for printed electronic materials due to their design flexibility, high performance, and electrical properties.

Effect

Some of the factors behind the expansion of the global printed electronic materials market are increasing usage for manufacturing antennas, flexible displays, soft power devices, sensors, etc. With the increasing demand for thin film electronics and wearable devices, the printed electronic materials market is also expected to grow simultaneously.

Flexible electronics are involved in today’s mobile phones and displays, human and health performance tools, security tags, sensor components in automobiles and aircraft, agricultural and environmental sensors, etc. With the increasing adoption of smart devices, the demand for flexible electronics is increasing worldwide, which may in turn lead to an increase in the demand for printed electronic materials.

Moreover, the recent focus in the medical industry is the development of smart cards, secure drug packaging, wearable medical devices, and more. However, high investment costs hinder the growth of the printed electronic materials market.

Recent developments in the global printed electronic materials market

  • In January 2022, Creative Materials developed 129-32 in-die thermoformable electrically conductive ink, which can be applied in the screen printing market. The series of products have excellent adhesion capabilities to acrylonitrile butadiene styrene (ABS), polyester, poly(methyl methacrylate) (PMMA), polycarbonate (PC), and a variety of other high-energy surfaces.

  • In August 2022, C3Nano announced the successful completion of $35 million in growth capital financing by Element Solutions Inc. Furthermore, the capital received consisted of both equity and debt, which enabled the company to expand its production capacity and synthesize silver nanowires in Hayward, California. .

Demand – drivers and limitations

The demand drivers for the global printed electronic materials market are as follows:

  • The growing adoption of printed electronic materials in the automotive industry

  • Big cost advantage

The market is also expected to face some constraints due to the following challenges:

  • Higher investment cost

  • The inability to mass-produce high-quality graphene

mentioned companies

  • Henkel AG & Co. KGaA

  • Najas & Co. Ltd.

  • E Ink Holdings Inc.

  • Agfa Givert Group

  • DuPont de Nemours, Inc.

  • BASFSE

  • Molex, LLC

  • Teikoku Printing Ink Mfg. Co., Ltd.

  • Creative materials

  • poly ink

  • chemical sun

  • ACI Materials, Inc

  • Kayaku Advanced Materials, Inc.

  • C3Nano

  • genes

  • Dycotec Ltd. Materials

  • Brent cup

  • Matebrinks

Market segmentation

Division 1: By application

  • Show

  • RFID tag

  • photocell

  • battery

  • light

  • others

Based on applications, the screens segment dominated the printed electronic materials market in 2021 and was the largest segment due to the high sales of smart devices worldwide. The increasing demand for smartphones and flexible electronic devices is driving the growth of the display segment as these displays are constantly enhancing the customer experience in the field of consumer electronics, automobiles, etc.

Division 2: End use industry

  • Cars and transportation

  • electronic consumer

  • Aerospace and defense

  • Retail and packaging

  • Health Care

  • others

Based on the end-use industry, the automotive and transportation segment dominated the printed electronic materials market in 2021 and was the largest segment due to the surging sales of electric vehicles worldwide. The increasing dependence on electric vehicles is driving the demand for printed electronic materials for lighting, display, etc.

Division 3: By Article

  • Ink (silver ink, carbon ink, copper ink, others)

  • Substrate (organic, inorganic)

Division 4: By technology

  • Inkjet printing

  • screen printing

  • Gravure printing

  • Flexographic printing

  • others

Division 5: By region

  • North America – United States, Canada and Mexico

  • Europe – Germany, France, Spain, Italy and the rest of Europe

  • China

  • United kingdom

  • Asia Pacific and Japan – Japan, South Korea, India, Australia, Rest of Asia Pacific and Japan

  • Rest of the world – Middle East, Africa and South America

Among all the regions, North America dominates the printed electronics market because it is a center for electronics manufacturing and also has leading industry players across the supply chain and a rapidly developing economy. Moreover, Asia Pacific and Japan are growing the fastest due to rapid industrialization and urbanization.

For more information on this report, visit https://www.researchandmarkets.com/r/3hm9cm

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