The nanosilver ink market is estimated to grow at a CAGR of 18.83% to reach a market size of US$52.383 million in 2024 from US$18.605 million in 2018. Nano silver inks are increasingly being used to print lines in circuit boards as they provide high conductivity and controllability when compared to the other inks. As these inks are highly customizable, electrical and electronics and automotive industries are progressively using these inks for a wide range of applications. Factors such as increasing use of electronics due to expanding urbanization, miniaturization of components, advantages offered like high conductivity and declining costs are some of the factors driving the market growth.
Relatively higher conductivity.
Growing investment in printed electronics.
NanoCnet recently announced the launch of SilverStrand that has the potential to be formulated into conductive inks and conductive pastes.
Major industry players profiled as part of the report are NanoGap, NanoCnet, Clariant, and NovaCentrix among others.
The nanosilver ink market has been analyzed through the following segments:
Rest of the World