Market Overview:
The global PCB inks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for PCB inks from various applications, such as rigid PCB and flexible PCB. In addition, the growing demand for thermal cure and UV cure inks is also contributing to the growth of this market. Thermal Cure Inks: Thermal cure inks are witnessing high demand due to their ability to provide superior performance over other types of inks. These inks offer excellent adhesion properties and chemical resistance, which makes them suitable for use on a wide range of substrates. Additionally, thermal cure inks do not require any post-curing process, which makes them an ideal choice for mass production applications. As a result, this segment is expected to witness high growth during the forecast period. UV Cure InKS: UV cure ink offers several advantages over other types of ink curing methods such as thermal curing or electron beam curing methods.
Product Definition:
PCB inks are a type of ink that is used in the printing of circuit boards. They are used to create the traces on the board that will be carrying electricity. The importance of PCB inks is that they need to be able to withstand high temperatures and also have a low resistance so that electricity can flow through them easily.
Thermal Cure:
Thermal cure is a process of creating permanent changes in materials by heating them to a temperature above their recrystallization temperature. Materials that are not amenable to autoclave sterilization can be successfully treated using this technique. The most commonly used material for the thermal cure process is polyethylene (PE).
The major factor responsible for the growth of thermal curable inks market includes growing demand from end-use industries such as consumer electronics, automotive.
UV Cure:
UV cure is a type of resin curing process that utilizes UV light as the catalyst. The technology was developed in Germany and first commercialized in Europe. It has since been adopted by numerous other countries worldwide owing to its several advantages over traditional technologies such as heat, solvent, and hot-melt applications.
Application Insights:
Rigid PCB was the largest application segment in 2017 and is projected to maintain its dominance over the forecast period. Rigid boards are widely used in industrial applications, consumer electronics, medical equipment and other general rigid applications. The global demand for rigid printed circuit boards has been growing steadily since their introduction due to increasing use of electronic devices across various end-use industries such as automotive, healthcare etc. Flexible PCB is expected to be the fastest-growing application segment during the forecast period owing to increased product adoption for manufacturing of flexible displays and solar cells at a large scale.
PCB colorants are used extensively for printing colorful graphics on flexible display panels that can bend without breaking under mechanical stress or pressure from behind or above them resulting in enhanced durability compared with conventional displays using LCD technology.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electronic products, especially in China and India. Factors such as low labor cost, availability of skilled professionals, high population density are anticipated to drive the regional market further.
The Asia Pacific has been witnessing robust economic growth with a significant rise in disposable income among middle-class populations; thereby driving consumerism and subsequently influencing product demand across various application sectors including electrical & electronics, automotive etc. Countries such as China have been experiencing rapid urbanization owing to increased industrial output from manufacturing companies along with rising foreign investments for setting up production facilities within their borders thus positively impacting industry expansion over the coming years.
Growth Factors:
- Increasing demand for PCB inks from the electronics industry as a result of the growing trend of miniaturization and increasing demand for advanced electronic devices.
- The increasing popularity of printed circuit boards as a replacement for traditional wiring harnesses in automobiles is expected to drive the growth of PCB inks market during the forecast period.
- Rising demand from Asia Pacific region due to rapid industrialization and growth in consumer electronics sector is another major factor that is expected to fuel the growth of PCB inks market during forecast period.
- Growing awareness about benefits offered by using PCBs, such as weight reduction, improved electrical performance, and enhanced reliability is also anticipated to propel the growth of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
PCB Inks Market Research Report
By Type
Thermal Cure, UV Cure
By Application
Rigid PCB, Flexible PCB
By Companies
Greentop Technology, Taiyo America, Sun Chemical Group, DuPont, Technic, UNION INKS & GRAPHICS PTE, SAN-EI Kagaku Kenkyusho, MacDermid, Agfa-Gevaert NV, Electra Polymers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global PCB Inks Market Report Segments:
The global PCB Inks market is segmented on the basis of:
Types
Thermal Cure, UV Cure
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rigid PCB, Flexible PCB
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Greentop Technology
- Taiyo America
- Sun Chemical Group
- DuPont
- Technic
- UNION INKS & GRAPHICS PTE
- SAN-EI Kagaku Kenkyusho
- MacDermid
- Agfa-Gevaert NV
- Electra Polymers
Highlights of The PCB Inks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Cure
- UV Cure
- By Application:
- Rigid PCB
- Flexible PCB
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PCB Inks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PCB Inks are a type of ink that is used to print circuit boards. PCB Inks are made up of a variety of chemicals and pigments, and they are used to create the colors needed for printed circuit boards.
Some of the key players operating in the pcb inks market are Greentop Technology, Taiyo America, Sun Chemical Group, DuPont, Technic, UNION INKS & GRAPHICS PTE, SAN-EI Kagaku Kenkyusho, MacDermid, Agfa-Gevaert NV, Electra Polymers.
The pcb inks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PCB Inks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PCB Inks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PCB Inks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PCB Inks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PCB Inks Market Size & Forecast, 2018-2028
4.5.1 PCB Inks Market Size and Y-o-Y Growth
4.5.2 PCB Inks Market Absolute $ Opportunity
Chapter 5 Global PCB Inks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PCB Inks Market Size Forecast by Type
5.2.1 Thermal Cure
5.2.2 UV Cure
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PCB Inks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PCB Inks Market Size Forecast by Applications
6.2.1 Rigid PCB
6.2.2 Flexible PCB
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PCB Inks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PCB Inks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PCB Inks Analysis and Forecast
9.1 Introduction
9.2 North America PCB Inks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PCB Inks Market Size Forecast by Type
9.6.1 Thermal Cure
9.6.2 UV Cure
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PCB Inks Market Size Forecast by Applications
9.10.1 Rigid PCB
9.10.2 Flexible PCB
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PCB Inks Analysis and Forecast
10.1 Introduction
10.2 Europe PCB Inks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PCB Inks Market Size Forecast by Type
10.6.1 Thermal Cure
10.6.2 UV Cure
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PCB Inks Market Size Forecast by Applications
10.10.1 Rigid PCB
10.10.2 Flexible PCB
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PCB Inks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PCB Inks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PCB Inks Market Size Forecast by Type
11.6.1 Thermal Cure
11.6.2 UV Cure
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PCB Inks Market Size Forecast by Applications
11.10.1 Rigid PCB
11.10.2 Flexible PCB
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PCB Inks Analysis and Forecast
12.1 Introduction
12.2 Latin America PCB Inks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PCB Inks Market Size Forecast by Type
12.6.1 Thermal Cure
12.6.2 UV Cure
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PCB Inks Market Size Forecast by Applications
12.10.1 Rigid PCB
12.10.2 Flexible PCB
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PCB Inks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PCB Inks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PCB Inks Market Size Forecast by Type
13.6.1 Thermal Cure
13.6.2 UV Cure
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PCB Inks Market Size Forecast by Applications
13.10.1 Rigid PCB
13.10.2 Flexible PCB
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PCB Inks Market: Competitive Dashboard
14.2 Global PCB Inks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Greentop Technology
14.3.2 Taiyo America
14.3.3 Sun Chemical Group
14.3.4 DuPont
14.3.5 Technic
14.3.6 UNION INKS & GRAPHICS PTE
14.3.7 SAN-EI Kagaku Kenkyusho
14.3.8 MacDermid
14.3.9 Agfa-Gevaert NV
14.3.10 Electra Polymers
