Dublin, Oct. 27, 2022 (GLOBE NEWSWIRE) -- The "Global Conductive Silver Paste Market, By Type, By Base Resin, By Product, By Grade, By Application, Estimation & Forecast, 2017 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global conductive silver paste market in 2021 was valued at USD 6,805.1 Million and is projected to reach USD 12,265.2 Million by the year 2030. The market is anticipated to register a CAGR of 7% over the projected period. In 2021, around 39,929.5 thousand tons of conductive silver paste was estimated to be sold.
Conductive silver pastes is a conductive adhesive which contains silver nano-particles as a main ingredient. Increasing demand for conductive adhesives in electronics and growth of 5G telecom infrastructure is expected to boost the market growth. Furthermore, increase in renewable energy consumption is also expected to fuel the market growth. Despite the driving factors, high cost of silver paste is estimated to restrain the market growth.
Growth Influencers:
Increasing demand for conductive adhesives in electronics
Conductive silver paste has good electrical conductivity as well as heat dissipation. They also function as a good solution for enabling electrical contacts on temperature-sensitive substrates. Also, these conductive adhesives are more flexible as compared to the solders and hence can withstand vibrations. Also, they are solvent and lead-free. Therefore, various benefits offered by conductive adhesives is expected to increase their demand in the electronics industry, hence boosting the market growth.
Segments Overview:
The global conductive silver paste market is segmented the type, base resin, product, grade, and application.
By Type
- Polymer Type
- Sintering Type
The sintering type segment is expected to grow at the fastest CAGR of around 7.2% during the forecast period owing to their high usage in manufacturing of printing circuit boards, solar cells, and capacitors, among others.
By Base Resin
- Epoxy
- Polyamide
The polyamide segment is estimated to hold a market opportunity of over USD 3,000 million from 2022 to 2027. The epoxy segment is also expected to grow significantly owing to its electrically conductive property.
By Product
- Front Side
- Back Side
The back side segment is estimated to surpass a market size of USD 5,000 million by 2023, owing to its high adoption in certain applications. The front side segment is also expected to witness considerable growth owing to its higher efficiency and a wider processing window.
By Grade
- Analytical
- Pharmaceutical
- Industrial
The industrial segment is expected to account for the largest market share of 70% in 2021 owing to its high usage in the automotive and electronics industry. The pharmaceutical and analytical segments are also expected to experience lucrative growth over the projected period.
By Application
- Optoelectronic Devices
- Automobile Lighting
- Integrated Circuits
- Screen Printing
- Solar Cells
- Others
The integrated circuits segment is expected to account for the largest market share of over 30% in 2021, as silver paste has good electrical conductivity and hence is increasingly being used for the manufacturing of integrated circuits. The automobile lighting segment holds an opportunity of over USD 1,500 million during 2022 to 2030 owing to the rising production of automobiles globally.
Key Topics Covered:
Chapter 1. Research Framework
Chapter 2. Research Methodology
Chapter 3. Executive Summary: Global Conductive Silver Paste Market?
Chapter 4. Global Conductive Silver Paste Market Overview?
Chapter 5. Conductive Silver Paste Market Analysis, By Type
Chapter 6. Conductive Silver Paste Market Analysis, By Base resin
Chapter 7. Conductive Silver Paste Market Analysis, By Product
Chapter 8.? Conductive Silver Paste Market Analysis, By Grade?
Chapter 9.? Conductive Silver Paste Market Analysis, By Application?
Chapter 10. Conductive Silver Paste Market Analysis, By Region
Chapter 11. North America Conductive Silver Paste Market Analysis
Chapter 12. Europe Conductive Silver Paste Market Analysis
Chapter 13. Asia Pacific Conductive Silver Paste Market Analysis
Chapter 14. Middle East and Africa Conductive Silver Paste Market Analysis?
Chapter 15. South America Conductive Silver Paste Market Analysis
Chapter 16. China Conductive Silver Paste Market Analysis
Chapter 17. South Korea Conductive Silver Paste Market Analysis
Chapter 18. Japan Conductive Silver Paste Market Analysis
Chapter 19. Taiwan Conductive Silver Paste Market Analysis
Chapter 20. Company Profiles
Companies Mentioned
- American Elements
- Asahi Chemical Research Laboratory
- Daicel Corp
- Daiken Chemical Co
- DuPont de Nemours, Inc.
- Ferro Corp (Adhesive tape)
- Fujikura Kasei Co., Ltd.
- Fukuda Metal Foil & Powder Co ltd
- Harima Chemicals Group, Inc.
- Henkel AG and Co
- Heraeus
- Hunan LEED Electronic Ink Co
- Kaken Tech Co
- Kyoto Elex Co ltd.
- Nippon Kokuen Group
- Nordson Corporation
- Shanghai Daejoo
- Shenzhen Zhongjin Lingnan Non-ferrous metal
- Soltrium
- Suzhou Betely
- Taiwan Ostor Corporation
- TAIYO INK MFG. CO., LTD.
- Toyo Ink
For more information about this report visit https://www.researchandmarkets.com/r/lvm5yc
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