According to Markntel Advisors Report, Southeast Asia Printed Electronics Ink Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2021.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
2021 has been a promising year for printed electronics, with substantial investments and various applications witnessing commercial adoption. The technology refers to electronic devices being developed on different substrates like polymers, paper, glass, etc., using conductive inks, which are electrically conductive printable inks used in printed electronics. OLEDs, wearable devices, biosensors, & displays are a few typically used printed electronics. Electronics developed on substrates are more eco-friendly, flexible, lightweight, & cost-effective than traditional ones.
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Southeast Asia Printed Electronics Ink Market Research Report & Summary:
The Southeast Asia Printed Electronics Ink Market is projected to witness considerable growth during the forecast period, i.e., 2022-27.             Â
Time Period Captured in the Report:
·       Historical Years: 2017-20
·       Base Years: 2021
·       Forecast Years: 2022-27Â
Who are the Key Players Operating in the Southeast Asia Printed Electronics Ink Market?
The top companies of the Southeast Asia Printed Electronics Ink Market ruling the industry are:Â
Henkel, DuPont, BASF, Sun Chemical, Novacentrix, E Ink Holdings, ELANTAS, Molex, GenesInk, MacDermid Alpha Electronics Solutions
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What is Included in Southeast Asia Printed Electronics Ink Market Segmentation?
The Southeast Asia Printed Electronics Ink Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Type
- Conductive Ink
- Resistive Ink
- Dielectric Ink
- Electrode Ink
- Semi-conductive Ink
- By Resolution
- Below 100 Lines/Cm
- 100 to 200 Lines/Cm
- Above 200 Lines/Cm
- By Printing Technology
- Screen Printing
- Rotary Screen Printing
- Flatbed Screen Printing
- Inkjets
- Roll-to-Roll Continuous Inkjet
- Drop-on-demand Inkjet
- Flexography
- Gravure
- Offset Lithography
- Others (Aerosol Jet Printing, 3D Printing, etc.)Â Â Â Â
- Screen Printing
- By Applications
- Photovoltaic Panels
- RFID
- Monitoring Devices
- Memory Devices
- OLED Display Screens
- Others (Wearables, LEDs, etc.)
- By End Users
- Automotive
- Consumer Electronics
- Retail and Packaging
- Construction
- Others (Healthcare, Aerospace and Defense, etc.)
- By Country
- Singapore
- Indonesia
- Malaysia
- Thailand
- Vietnam
- Rest of Southeast Asia
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Market Dynamics:
Key Drivers
Thriving Electronics Industry in Southeast Asia to Spur the Demand for Printed Electronics Inks
The electronics industry in Southeast Asian countries like Vietnam, Malaysia, Thailand, Indonesia, etc., has witnessed massive investments in production capacity expansion. It, in turn, has increased the demand for printed electronics inks to encourage production & promote the growth of the allied electronic industry.
Vietnam, one of the Southeast Asian countries, is experiencing sustained growth even with the negative impacts of Covid-19 on its economy. According to the General Department of Customs, Vietnam, the country’s electronics industry earned USD 77.58 billion in the first nine months of 2021. As per the statistics, the handsets & components contributed around USD 41.02 billion, i.e., 11.5% growth compared to the same period in 2020. This trend was witnessed in the exports of electronics from Vietnam to its neighboring Asian countries like China, India, the Philippines, etc.
Some other prominent growth factors include:
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·       Increasing demand for IoT devices
·       Rapid expansion of the automobile industry
·       Rising demand for printed RFID devices & OLED displays
Growth Challenges
·       High costs associated with research & developments on printed electronics inks
·       Lack of knowledge about substrate & material selection while adopting the printed electronics approach might hinder the market growth
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