Conductive Inks Market Share

APAC Market Statistics

Conductive inks market in the Asia Pacific is projected to hold the largest with a share of about 45% by the end of 2037. The market growth in the region is also expected on account of increasing manufacturing of PCBs. China is one of the biggest makers of printed circuit boards worldwide and has grown to be a well-liked location for the production of PCB prototypes owing to its low cost of manufacturing. China produced around USD 77 billion worth of PCBs in 2021.

Followed by China, Taiwan has become a global leader in the printed circuit board (PCB) business, controlling over 32% of the market with more than 25 manufacturers holding tremendous market expansion. For instance, Taiwan's output volume for printed circuit boards was over USD 620 million square feet in 2022.

North America Market Analysis

The North America region will also witness huge growth rate for the conductive inks market revenue through 2037 and will hold the second position owing to the increasing personal disposable income in this region. The high disposable income encourages consumers to purchase electronics, which may boost landscape growth in the region. For instance, the United States' disposable personal income rose by around 0.3% in November 2023 compared to the same month the previous year.