Silver pastes has high electrical conductivity, thermal conductivity, and reflectivity. It is manufactured by using pure silver metal. It is widely used in electronics and automotive industry for making printed circuits of defogging systems, alarm circuits, and antennae. Silver paste is used in several other applications such as capacitors, inks, ceramics, adhesives, etc. Increasing demand from these end-use industries is projected to propel the demand for silver paste during the forecast period.
Considering the economic overview of the market, Asia Pacific is expected to account for a major revenue share of the global silver paste market. In 2016, Asia Pacific accounted for more than 35% market revenue share in global silver paste market. This is attributed to strong growth in automobile and electronics industry especially in India and China. Market size and forecast of each application is presented for the period 2015 to 2025 along with respective CAGR % for the forecast period 2017-2025.
The market size and forecast for the period 2015-2025 along with the CAGRs for the period 2017-2025 for the mentioned segments are also presented in this study.
Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global silver pastes market.
3M, AG PRO TECHNOLOGY CORP., Cermet Materials Inc., CHIMET, DuPont, Henkel AG & Company KGaA, Heraeus Holding, Johnson Matthey, Metalor, Targray Technology International Inc. etc. are few key manufacturers in global silver pastes market.
Purpose of the Report
The purpose of this strategic research study titled “Silver Paste Market – Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global silver paste market.
The report titled “Silver paste Market – Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” offers strategic insights into the overall silver paste market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based material type, end-use industry and different geographical markets.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in silver paste market. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global silver paste market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.
Based on application, the silver paste market is categorized into following segments:
Silver paste is widely used in solar cells, electrical and electronic components, and automobiles. The silver paste market is mainly witnessing growth owing to rising demand for electronics products and automobiles across the globe. In 2016, by application, electronics segment leads the silver paste market, due to rising demand for the product for photovoltaic cells and electrical and electronic components. Silver paste has increased its application in various industries owing to its various properties such as high conductivity, contact resistance, and adhesive strength. Positive outlook on automobile industry and electronics industry, in economies such Middle East, China, Russia, India, Brazil and Mexico is another factor contributing towards the market growth.
In 2016, Asia Pacific was observed as the largest region contributing more than 45% revenue share in global silver paste market. The region is also anticipated to witness highest growth in consumption of silver paste during the forecast period (2017-2025). This growth is attributed to rising automobile and electronics industries in the region. China is the largest regional market for silver paste supported by the dominant electronics and automobile industry. India’s spurring automobile activity is projected to advance at a healthy rate, thus increasing the market demand for silver paste in the country. Europe accounted for the second largest share of the market yet is projected to progress at moderate growth rate during the forecast period driven by recoveries in manufacturing and automobile sector. Incumbent players in the global silver paste market are increasing their footprints in key developing regions such as Asia Pacific and Latin America by starting up new business units in the region.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Silver Paste market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
