GLEN ALLEN, Va., June 25, 2014 (GLOBE NEWSWIRE) -- via PRWEB - According to a new report from industry analyst firm NanoMarkets the market for silver inks and pastes will be worth $5.7 billion (USD) in 2019. The report, "Silver Inks and Pastes Markets 2014-2021" analyzes and forecasts the potential for silver inks and pastes in the ever- changing photovoltaics, displays, OLED lighting, RFIDs, sensors and traditional thick-film business segments. NanoMarkets has the covering the silver inks and pastes industry for almost a decade.
Key Take Aways from the Report:
Traditional thick-film is where the bulk of the industry's growth prospects will come from for the next several years. This sector consists of membrane switches, keyboards/keypads, capacitors, resistive heaters and EL lighting. This sector is expected to consume $2.8 billion in silver inks and pastes in 2019, compared with $2.0 billion today. DuPont (U.S.), Henkel and Heraeus (Germany) will continue to dominate the silver inks and pastes market. However, the report warns that China is increasingly producing serious competitors in this space offering high-quality products
Despite the recent resurgence of the crystalline silicon (c-Si) solar panels, the photovoltaics business will continue to produce declining revenue opportunities for the silver inks and pastes suppliers. This is primarily because there is now an unstoppable trend to design silver out of solar panels. Nonetheless, solar markets will remain big enough, however, for the silver inks and paste makers to treat as a "cash cow" for another decade.
NanoMarkets believes that there will also be newer market segments that will eventually offer reasonable opportunities to silver ink and pastes market. For example, spurred by the growth in the Internet-of-Things (IoT) and wearable computing, RFIDs and sensors will consume $115 million by 2019. However, the products and markets in this area are still being defined. In addition, while the display segment of the silver inks and pastes market is in decline, NanoMarkets expects it to revive after 2017, by which time the use of printed silver in OLED displays and touch sensors will help offset the disappearance of plasma displays which were a major consumer of silver pastes at one time.
Details of the report-- Silver Inks and Pastes Markets 2014-2021 (Nano-727) -- including a table of contents are available at http://nanomarkets.net/market_reports/report/silver-inks-and-pastes-markets-2014-2021
About the Report:
This is the latest in NanoMarkets' ongoing series of industry analysis reports on silver inks and pastes. In this report we analyze how the changes in the applications for silver inks and pastes are impacting the silver inks and pastes business and what this means over the next eight years.
In this year's report, we are placing a special emphasis on the replacement of silver by copper in critical applications such as solar panels. We also re-examine the future of silver inks and pastes in the light of the rising Internet-of-Things meme and address whether or not there will there be significant demand for printed silver from all those sensors and smart objects. Finally, we take one more look to see if nanosilver inks will ever make it out of the "research material" category.
In this evolving market environment, this report identifies which market opportunities for silver inks and pastes are likely to be the most important over the next decade. And as with other NanoMarkets reports, we also include detailed eight-year forecasts in both volume and value terms, with breakouts by application, type of material and type of printing process used. The report also contains an assessment of the product/market strategies of leading silver inks and pastes firms – both the traditional and the new suppliers that appearing from China and India.
Among the firms discussed in this report include: Beijing Zhong Lian Solar, Cermet, Clariant International, Creative Materials, DuPont, Electra Polymers, Engineered Conductive Materials, Giga Solar Materials Corp., Henkel, Heraeus, Hunan LEED Thick Film Paste Co., Johnson Matthey, Methode Electronics, Meyer Burger, Muhlbauer, NovaCentrix, Optomec, Rutech, Shanghai Transcom, Siltech, Sun Chemical, Taiyo Holdings, Wuhan Supernano Optoelec, and Xerox PARC
NanoMarkets tracks and analyzes emerging markets in energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts in printed electronics and materials spaces which it has been covering since 2005.
Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.
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NanoMarkets Robert Nolan +1 (804) 938-0030
NanoMarkets Robert Nolan +1 (804) 938-0030