Market Size of Non-Conductive Ink Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Non-Conductive Ink Market Analysis
The market for non-conductive ink is expected to grow at a CAGR of around 6% globally. Major factor driving the market studied is the growth in demand for printed circuit boards, along with growing electronic and electrical industry. On the flip side, fluctuations in raw material pricing and unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.
- The printed circuit board panels segment is expected to dominate the application segment of the global non-conductive ink market owing to increasing usage of printed circuit boards in medical devices, consumer electronics, automotive, aerospace, among others.
- Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the consumption from countries such as China, South Korea, India, and Japan.
